Day & Night trading Derivatives Futures

Discussion in 'Journals' started by maxinger, Aug 31, 2019.

  1. maxinger

    maxinger

    11 Aug US session

    main focus : NQ, gold, perhaps Asian & dax index futures.

    gold - downtrend started since yesterday US session.
    gold went down with multiple waves already

    ES - seems to be very lethargic

    bonds - already moved
     
    Last edited: Aug 11, 2020
    #351     Aug 11, 2020
  2. maxinger

    maxinger

    How to trade gold?

    due to its recent violent nature,
    increase stop loss by 2x (and reduce trading quantity).

    glue backside to the trading chair, and eyes to the monitors for hours.
    because signal can come anytime.

    ladder must be ready and setup bracket order.
    when there is signal, hit SELL/BUY MARKET button immediately & rapidly.
    never use LIMIT ORDER because it will be too slow.

    adjust stop loss as market move in your favor.
    RR ratio target around 5. I doubt it can go beyond 10 because
    retracement can be very deep.

    close position by hitting CLOSE POSITION or BUY/SELL MARKET.

    Next few hours, there will surely be lots of trading opportunity.
    on average, there is one signal every hour
     
    Last edited: Aug 11, 2020
    #352     Aug 11, 2020
    toon likes this.
  3. maxinger

    maxinger

    gold

    seems like gold is back to its normal self where
    its movement is erratic chaotic messy undecisive even though
    its day range could be big.
    Time to shrink my gold chart again.
     
    #353     Aug 13, 2020
  4. maxinger

    maxinger

    day trading futures

    trading the appropriate futures is very important to improve the odd of success.


    most index futures are highly tradable.....
    that include es ym rty
    dax fesx
    hangseng, Taiwan index, china A50, India Nifty, SET50 ...


    hard commodities are great too.
    that include
    crude oil, copper, natural gas


    futures that I'd say quite OK for trading are
    - bonds like ZN, ZB, germany bund, ...
    - major currencies like eur gbp aud


    How about gold ( and silver) ?
    despite all the publicity,
    I will avoid trading it due to its chaotic movement


    futures that I wouldn't touch
    - corn, soya, Wheat, lumber, lean hog, Bitcoin, exotic currencies, HO, RBOB ...

    __________________

    I think there are many more like
    Ftse, LT gilt , China Iron ore ....
    no comment on these as I don't have those data feed.
     
    #354     Aug 16, 2020
  5. maxinger

    maxinger

    19 Aug US session


    movers were :
    asian index futures
    hangseng, Thailand SET50, Taiwan index

    Past few hours, market hardly move.
    sleepers were :
    dax es ym rty nq
    US & Germany bonds
    currency like eur
    commodities HG NG oil

    Will it move during US session?
    Calm before the storm?

    gold - movement still untrendy / messy
     
    Last edited: Aug 19, 2020
    #355     Aug 19, 2020
  6. maxinger

    maxinger

    new product from SGX.
    It is Taiwan ftse index futures. volume is picking up.
    It also has Taiwan MSCI index futures which will be stopped in 2021.

    anyway most of MSCI products from Eurex/HKFE/SGX have zero volume!
    what strange MSCI strategy. what are they doing?
     
    #356     Aug 19, 2020
  7. maxinger

    maxinger

    strange ...

    what is happening in Taiwan?
    index dropped 5.5%

    anyway we will hear the news few days later.
     
    Last edited: Aug 19, 2020
    #357     Aug 19, 2020
  8. maxinger

    maxinger

    Taiwan index futures

    it moved due to TMSC stock.

    It might move again during US session.

    _____________________
     
    Last edited: Aug 20, 2020
    #358     Aug 20, 2020
  9. maxinger

    maxinger

    cont ...

    seems like taiwan index futures will not move.

    NQ - straight forward trade.
    let's see if it can go to the moon.

    upload_2020-8-20_21-57-53.jpeg
     
    #359     Aug 20, 2020
  10. maxinger

    maxinger

    25 Aug summary

    # signals during early Asian session : 4
    # signals during early Eur session : 4 ( Fed related news )
    # signals during early US session : only 1 ?

    ok. time to stop trading and watch Netflix.
    not worth the risk trading US session.
     
    #360     Aug 25, 2020