Thats what I was taking about. things are weak and oversold. market is so thin levels are being overshoot, hard to get a accurate entry and stop
Today's market is not easy to trade because of those 'mini' big boys. That's why day traders have multiple screens. I have one 42" & five 32" screens all portrait format. Look out for intermarket correlations. Pick & choose futures that move smoothly (eg OMXS30 for today). A lot of effort/concentration is needed to look at multiple charts.
right. That's why I said A lot of effort/concentration is needed to look at multiple charts. even a second delay could be deadly.
Maxi I find it hard to believe you don't invest. The only stragety back tested for 100+years with 0% loss is investing.
I have traded almost everything under the sun and moon investing/day-trading/swing-trading stocks (US, HK, Japan, Singapore), credit/debit/vertical/horizontal/diagonal options on futures, stocks futures (index, hard commodities, soft commodities, currencies, bonds) forex outright trading spread trading (calendar, intermarket) swing trading, day trading from various Exchanges in the world (exclude BBB, Russia) Haven't traded: HFT I have eliminated most of the above and left behind day trading futures. Obviously those that I have eliminated were those which I was not good at.
I showed some charts with up/down arrows in this thread. And that is how I trade. I guess you can call that price action. I doubt it can be automated because the market moves in various formfitfunction/shape/pattern/characteristics/personality.
It is time to adjust the chart volume to a even smaller number (equivalent to shorter time duration). The market moves even with a small amount of lots. max loss - it might have to be adjusted to 3X the normal size.
9 Apr 2025 Asian session Hangseng, China A50, ES, copper, gold all up. Unfortunately the movement was rather jerky/chaotic ie difficult money to earn. Thailand SET50 The Exchange opened later. The movement was great! ie easy free money from the sky India NIFTY50 It should be moving very massively due to the coming tariff war on pharmaceutical products Taiwan Index It has been moving massively, and will continue to move massively due to those chips things Vietnam index? It should be moving very massively. Time to explore Vietnam index further.