decaying day range futures / 28sept, 29 sept day range dax / 400, 185 points cac40 / 185, 60 points NQ / 450, 210 points for today, the market might be choppy with limited movement
it seems like the market will continue to be choppy with limited movement over the next few hours. time to stop trading for a while.
4 Oct Eur session dax signals so far ... time / up/down / max reward risk ratio 212p, down, 4 245p, down, 5 309p, up, 4 322p, down, 5 346p, up, 6 421p, down 4 445p, up, 8 etc straight forward swing up and down pattern. other Eur index futures and US index futures have a similar pattern.
5 Oct Asian session review intercorrelation analysis Nikkei has been leading the session. It went down. US index futures went down in tandem with NK. NK started to be active 3 days ago. Hangseng market opened after Nikkei. so HS gapped down. The movement has been choppy hence it was no good for day trading. Taiwan index futures - it had its own brain and was rather tradable. commodities - not much movement during the Asian session
6 Oct Asian session review similar pattern as the previous day ie NK is the lead and is down. US index futures moved in tandem. China A50 is down due to whatever reason. hangseng is down. But hangseng movement has been rather choppy. (oops! I failed not to trade hangseng)
6 Oct Eur session review Intercorrelation analysis dax fce fesx, es NQ went down at the same time. at times, the market could be rather kind. omxs30, MIB went down a little while later. so this gave traders who missed the prior signal to have another opportunity. copper , crude oil , GBP moved in tandem with index futures. ----------------------------------
7 Oct update today - one of the best days for trading commodities like Natural gas, copper, crude oil, gold. the market movement has been rather trendy / decisive Asian index futures - China A50, Taiwan index continue to be trendy. hang seng - continues to be choppy (oops! I traded it again and suffered loss !) I'd better remove the hang seng chart. European index futures - movement rather choppy & limited. so far no signal. So far US index futures movement has been quite choppy & limited too
China A50 moved due to trade data release. Had to stare at the chart for > 1/2 hour waiting for the right moment to pull the trigger. The Signal came a few seconds before the end of China stock market lunchtime. max RR ratio : 8 ______________________________________ OK. now European session lately, most Eur index futures movement has been rather choppy and limited. Sweden's omxs30 movement has been rather trendy. commodities copper, oil, gold are still rather tradable. Natural gas - seems like it has found its comfort zone.