23 Feb copper trading , day 4 - updated 18 feb 0.11 point day range 19 feb , 0.2 point 22 feb, 0.15 point 23 feb 0.14 point day range is extremely healthy. day range > 0.06 point is considered as very good. soon the day range will start to decay. up or down signal, signal time, maximum profit ---------------------------------------------------- up 1010am, max profit $1300 / lot up 130p, $900 down 1010p, $900 up 1107p, $2400 max profit if you trade non stop $5500/lot
25 Feb US session trendiness analysis what went down : Asian Eur & US index futures bonds major currencies copper trendy futures : NIKKEI <<<< BEST ! and perhaps simsci, Taiwan Index, Hangseng, India Nifty, CAC40 and perhaps AUD GBP and perhaps US and Germany bonds Worst trendy futures : US index futures especially NQ!
26 Feb Eur session preparation for such a market, trade non stop. The signals will come out of nowhere, and there will be lots of signals. in most cases, use MARKET order , NOT LIMIT order because of rapid movement. STOP loss has to be increased choosing the trendy futures is very important.
26 Feb US session Violent day #2 trading preparation will the charts freeze later? yesterday it didn't. Today Asian (and to some extent Eur ) session was rather violent. in such a market, looking/waiting for market inter-correlation is extremely important as there are thousands of fake signals. what to focus on? see earlier postings.
26 Feb US session violent day #2 trendiness analysis what a violent market. Most of the charts were simply repulsive. Luckily I stopped trading very early. Asian/Eur/US index futures, copper, bonds .... have rather a very wide day range. only trendy futures was gold. I'd better don't analyze the remaining charts as it will give me a terrible headache looking at such a violent messy charts. overall, on 26 Feb, the most trendy session to trade was the later part of Eur session.
2 Mar copper trading copper continues to have an excellent day range. Today it is very trendy. The previous day was untrendy. Comex copper signal. time up/down, max profit ----------------------------- 930a down, $1250 per lot 216p up, $600 526p up again, $1600 It is nice to stretch the ladder to the max and fill up my 42" monitor (portrait format) and see the price moving from one end to the other end. Shanghai INE copper and Comex copper are rather intercorrelated. INE copper has a long break during Eur session. How about London LME copper? No idea. I didn't subscribe to LME data. anyway, I have no more available screen area.
2 Mar copper trading - updated copper continues to have an excellent day range. Today it is very trendy. The previous day was untrendy. Comex copper signal. time up/down, max profit ----------------------------- 930a down, $1250 per lot 216p up, $600 526p up again, $1600 957p up again, $700 100a up again, $1000 It is nice to stretch the ladder to the max and fill up my 42" monitor (portrait format) and see the price moving from one end to the other end. max profit $5100 per lot if you traded 24x7. This is one of the rare days where there were very few land mines. NQ - there were thousands of land mines. Shanghai INE copper and Comex copper are rather intercorrelated. INE copper has a long break during Eur session. How about London LME copper? No idea. I didn't subscribe to LME data. anyway, I have no more available screen area.
What have you looked at / traded Dalian-wise? [At present, soybeans, soy meal, soy oil corn, palm oil, linear low-density polyethene (LLDPE) futures are traded on the DCE.]
food futures tend to have a very poor day range. those are not suitable for day trading. So I am not looking at the DCE products. I still keep those CME food futures in my archive workspace. Farmers, spread traders ... will probably be interested to trade those things. spread traders will probably hold their position for many weeks/months spreaders might spread across US, China, Brazil, or do the calendar spread.
4 Mar copper trading copper continues to be very tradable. ie very easy to earn money trading it. Comex copper signal. time up/down, max profit ---------------------------- 827a up, $1250 per lot 228p down $4300 827p up, $2500 as of now ____________________________________ look at US index futures - very messy charts. ie very difficult to earn money trading it. Lately, Asian index futures are very tradable too. so far, sleepers are cac40, omxs30, ftmib, dax bonds currencies