Day & Night trading Derivatives Futures

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

  1. maxinger

    maxinger

    I went on holiday a few days ago.
    But I am back early due to some transport problem.

    Anyway, while waiting for the US session to open,
    I am going to ferment some food (beans, milk ...).
     
    #821     May 1, 2023
    tony.m likes this.
  2. maxinger

    maxinger

    upload_2023-5-9_9-26-42.png


    SET50

    Thailand's election creates many trading opportunities (see day range histogram).

    datafeed fee - only $1/month.
     
    Last edited: May 8, 2023
    #822     May 8, 2023
    Sekiyo likes this.
  3. maxinger

    maxinger

    9 May 2023

    The market so far ...

    [​IMG] upload_2023-5-9_11-51-24.jpeg
     
    #823     May 8, 2023
  4. maxinger

    maxinger

    9 May Dead market summary

    early Asian market movers - zero

    Mid-Asian market movers - China A50, Hangseng (China Trade data release)

    early Eur market movers - omxs30, India nifty, gold

    End Eur market movers - gold

    early US market movers - Russell 2000


    dead / calm market is no good for trading.

    When is the storm coming?
     
    Last edited: May 9, 2023
    #824     May 9, 2023
    tony.m likes this.
  5. tony.m

    tony.m

    in about 30 minutes.
    I don't see SET50 on IBKR, it must be something only Thai residents can trade?
     
    #825     May 10, 2023
  6. maxinger

    maxinger

    IBKR doesn't offer SET50.
    So you have to get a broker from Thailand, Hongkong, Singapore ...
     
    #826     May 10, 2023
    tony.m likes this.
  7. tony.m

    tony.m

    @maxinger Do you trade FX Futures ?
     
    #827     May 11, 2023
  8. maxinger

    maxinger

    I seldom trade currency futures although I have the charts displayed on the active workspace.
    There are other better things to trade.


    Let's say currency futures have 1X trading opportunities.
    This is a rough estimate :


    grains (corn, soy, wheat, rapeseed ...) - 0.3X

    other agriculture products (rubber, palm oil) - 0.3X

    meat (lean hog, cattle ) - 0.3X

    major currency futures (aud eur gbp jpy ) - 1X

    Long-term bonds - 1.25X

    commodities (copper, oil, gold ) - 5X

    index futures - 5X

    _________________________________

    exotic currency is a big no due to its poor liquidity.
     
    #828     May 11, 2023
    tony.m likes this.
  9. maxinger

    maxinger

    upload_2023-5-12_8-43-34.png

    11 May Comex copper

    wave1 - LME, Shanghai & Comex copper are down in tandem

    wave 2 - Eur mid-session. Copper and crude oil are down in tandem

    wave 3 - Before the US stock market opens. Copper, crude oil, and gold are down in tandem.


    wave count - I created my own dictionary

    For precision entry, you use the finer resolution 35V chart.
    _______________________
     
    #829     May 11, 2023
  10. tony.m

    tony.m

    Would you enter at wave 3 if you miss wave 1 and wave 2 ?
     
    #830     May 11, 2023