15 Oct Asian session hang seng - yesterday the market was closed. ie today is post-holiday trading. post-holiday trading success rate tends to be high. It applies to many other index futures. yesterday, it was Thailand SET50 post-holiday trading --> high success rate. so next Monday, it will be India Nifty post-holiday trading. more post-holidays, please.
HKEX to launch A-shares futures, filling a gap in cross-border finance and giving Hong Kong the edge over Singapore Securities and Futures Commission gave its approval for the launch of the new futures on Friday HKEX has entered into a new licensing agreement with global index provider MSCI to launch the new futures contract based on the MSCI China A 50 Connect Index ________________________________ more Intermarket trading & arbitrage trading opportunities among - SGX FTSE Xinhua China A50 index futures - HKFE MSCI China A50 Connect Index futures - HKFE Hang Seng index futures - HKFE Hang Seng H shares futures
HKFE MSCI China A50 Connect Index futures today is the start of MCA launch. symbol : MCA symbol format : MCA X21-HKF key parameters : 1 tick = 0.2 point margin requirement : tbd volume chart : tbd it might take days to determine it as volume traded is very low max stop loss : 12 ticks currency : USD contract : monthly contract like hangseng opening hours : same as hangseng intermarket / arbitrage trading : see above post current price : 2703.20
today's volume - only 170 contracts after 1 hour. it is getting worse. well. let's see if it will improve in a few weeks' time. margin requirement from IB : US$10K / lot this is relatively high. perhaps this is a new product. so the margin requirement is relatively high.
tools for trading 4 decades ago those were the good old days when I was having a full-time job, and I was doing investing / trading during the evening time. calculator for calculating daily moving average 5 for calling broker / remiser during daytime. Now I have computers, one 42" monitor for the ladders and trading platforms, and five 32" monitors for the charts.
19 Oct copper trading review post mortem / hindsight analysis or whatever copper has been moving massively since 13 Oct 2021. good signals time, up/down, max RR ratio , max profit 846a, up, 7, $1050 <<< CME and Shanghai INE copper moved in tandem 152p, up, 6, $900 912p, down, 5, $750 <<< CME and Shanghai INE copper moved in tandem 923p, down, 5, $750 max max profit : $3500 / lot This number looks great. UNFORTUNATELY!!! past few days, the copper markets (both CME and Shanghai's ) have been moving in a choppy messy manner. there were landmines here and there. candlesticks were extra long. very easy to lose money trading such a market. no idea about the LME copper but I am sure it would be equally choppy. solution: - perhaps use a bigger volume chart, and increase max STOP loss by 3 to 5X. - perhaps trade proxy like crude oil. will the market be choppy tomorrow? no way to tell. copper seems to have topped.
19 Oct summary what moved - Asian index futures like Taiwan Index, China A50, HS, SET50, India Nifty - copper, crude oil, and perhaps NG copper moved massively. unfortunately movement was choppy, and candlesticks were extra long - gold, GBP <<< uptrend started during the Asian session due to whatever reason - bund, btp, zb what hardly moved - Eur index futures
MBT micro BTC futures review key parameters / info for day trading 1 tick = 5 points volume chart : 30V stop loss : 30 to 50 ticks bid offer spread : horrific !!!! could be > 10 ticks movement : - quite common to see very long candlesticks (because of horrific bid offer spread and low volume) - tends to be choppy # signals : MBT - not many good signals per week. copper, crude oil, or gold - there are a few good signals per day. So MBT is not great for day trading. There are other better things to day trade.