The HSI is not as thin as trading the ES after hours - the spread at times can be 5-10 apart, other times they are 1 or even, but it moves and 1-2 contracts is like trading 10 contracts in the ES- no so much because of the tick value ($10 Hong Kong Dollars, about $6.25US, but it moves and it doesn't SIT -
It's now trading at 810. If you have no exit plan in place, please do yourself a huge favor by closing out the trade before it's too late.
apologies - thought it was a level.. read a tonne of posts on here all saying to stay away from the HSI.. and darn.. i think i covered a little too early... got a little uncomfortable with 6 contracts..
Yup yup. Take four or five off and as they say: "Let the rest ride!" Put a stop in that will leave you with a profit, albeit minimal if hit on the remaining one or two and go crack open a cold one. You'll be saying coulda, should, woulda more times in a week than you have in your entire life prior to trading. No big deal.
i disagree the advice of ignoring.. the bids and offers tell a story of who's doing what.. (even information that a volume turns out to be fake is very helpful) been watching it very closely for hours over the last month.. today's set-up was a perfect example of a good set-up IMHO..