30 Sept 2024 Trading China A50 futures - day 5 What a violent day. It will continue to be violent during the coming European and the US sessions. It has been this way for the last 5 days. PS: I have compressed the X and Y axes massively.
3 Oct 2024 Trading China A50/HangSeng - Day 8 A Very trendy day. The Europeans and the US will also move those futures soon. X and Y axis highly compressed
8 Oct 2024 - China A50 day 11 These lines and labels are very important for day trading today's China A50. Of course, it wouldn't be easy to label it during the initial part of the session. It will probably move 23x7 for the next few days. X and Y axes are highly highly compressed
9 Oct 2024 China A50 day 12 It seems like there are no more hurricanes (at least over the next few hours). The chart exhibits close wedge formation.
4 Dec # signals during early Asian session : 2 movers: China A50, hangseng # signals during early European session : 5 movers : gold, dax, MIB, fesx # signals during end European/early US session : 1 <<<< worst session to trade mover : gold The market is getting rather dead
Trading margin has increased. Market condition has changed. It is time to adjust my trading parameters; To double or even triple the max loss ES - 2.5 to 5 points gold - 15 to 30 ticks copper - 15 to 30 ticks taiwan index - 1.5 to 3 points (market still closed) dax - 1.5 to 3 points (market still closed) nikkei - 50 to 100 points Hangseng - 25 to 50? points (market still closed) China A50 - 15 to 30? points (market still closed) etc btc, currency & bond futures - no change Chart volume ? - tbd ref my posting #995 average # of signals per trading session has increased humungously from 3 to >20? But for today's Asian session, there will be thousands of landmines.
HangSeng - easy 1st trade but landmines elsewhere/everywhere. Don't step on it. Trading is now like playing computer games. Time to play games next 24x7.
Volatility is trader's friend, but I found it hard to day trade this extreme volitility. Going to take a break from all that since market really oversold. With extreme volatility, Technical level and pattern work less well. much more stop out, reward becomes great if you are bias short.
A typical trading session has about 3 good signals. today there are > 20 good signals. Unfortunately, there are > 100 deadly mines sprinkled here and there. Most of the time, the market moves because of one or 2 desperate big boys. ended up there are tons of mines. I wait for market to move when tens or hundreds of big boys move the market. So today I only enter when there is good intermarket correlation. So you must have multiple charts displayed together in order to see that.
7 Apr 2025 European session Swedish OMXS30 is very trendy. DAX, CAC40, ES, gold ..... - impossible (at least for me) to trade. x & y axis have been compressed