right. Today is a great day. In fact, this is a good start for 2010 considering the fact that 2 Jan and 3 Jan 2020 have great day range. Well. Age is catching up with me. I don't think I will trade US session anymore. I hate those time lag issue. There is simply no solution unless I fly to US and trade during US session. In fact, there are traders who fly to US, China, Hongkong, Singapore.... just to trade.
8 Jan Asian session crude oil, gold, bonds up massively Index futures down massively Time to trade non stop, and earn thousands of dollars today.
cont .... NQ signals 713a down massively 753a up 808a down again 854a up again 903a up again 941a up again etc etc etc etc etc markets correlation (oil gold index bond ) are excellent. ie all the big boys are staring very intensely at multiple futures.
NQ signals 713a down massively 753a up 808a down again 854a up again 903a up again 941a up again 1000a up again 1038a up again price goes up to where it came from. same goes for the oil and to some extend gold & bonds. Market seems rather bullish, optimistic or whatever. smart move by Eurex. The exchange opens early during Asian session instead of Eur session. wonder what the Europeans are going to do. No way to predict. Just trade according to what the chart tells us.
8 JAN US session what happened so far ... market is very bullish. NQ & many other index futures up alot. NQ already up > 2%, and it seems that it is going even higher. oil price already dropped > $3 or 5%. gold, bonds down alot. and latest headline news are : European stocks fall as Iran retaliates with strikes on US bases Gold races to near 7 year peak after Iran strike on US forces. My goodness !!! what hopeless news !!!!
cont .... Market is simply very bullish. index futures keep on going up. gold and oil keep on going down. finally, after many many many many hours, latest headline news are : Oil falls, reversing overnight spike, as Iran does not target energy supply in attacks. Gold retreats from $1600 as markets,eye US reaction after Iran attacks. News reporters are very slow and simply hopeless !!! News reporters need to be able to analyse and decipher charts. I doubt there is any high speed, accurate news reporters in this world. Newbie traders and news reporters are very similar. They wait and wait, they check and check, they wait for double confirmation, triple confirmation .... Buy the time they pull trigger, it is too late.
8 JAN Summary Asian, Eur, US sessions. all highly tradable. Index futures, bonds, gold, old extremely long candles. there were probably hundreds of good signals. next few sessions, market might reverse direction, or sleep. we will never know. Start of year 2020 has been great for trading.
10 Jan decaying day range session day range on 8, 9 Jan gold - 60, 21 NQ - 295, 95 oil - 6.5, 1.7 Natural gas - seems like it's time to archive this chart. Volatility has been reduced drastically. seems like those NG manufacturer CEOs, NG physical traders know how much to produce, how much inventory to build, how to better forecast weather resulting in rather stable NG price.
10 Jan decaying day range US session market getting rather dangerous due to decaying day range. some charts having close wedge formation. will there be powerful tweet ?