26 Jul Fed rate/press conference How to trade the US session when the Fed makes a rate decision and has a press conference? Don't trade it; The market will most likely move in a choppy manner. The chances of losing $$$ are high. I used to wake up in the middle of the night to trade it. Trade the next Asian and European sessions. By then, Asians and Europeans would have clear minds. And they would move the market decisively & smoothly. The chances of earning $$$ are high.
What will you do for the next 24 hours ? maxinger what is your thoughts on price manipulation of something like Russell 2000 RTY overnight when the volume is very low ? Lets say the bad fill price is not an issue.
next 24 hours Asian session - now it is extremely quiet. For such a market, I will trade for a shorter duration. And I'd do other things. Coming European session - The market will most likely be dead. In fact, it has been dead for many days already. Russell 2000. ES NQ might move during the European session and rarely move during the Asian session. You have to use the smaller size volume charts during the European session. I don't trade Russell 2000 during the European session as the volume is too low.
Very good observation. I remembered vividly what happened in those few seconds of the trade. I should/could have entered at the time you hilited. I was hesitating as the price was moving horizontally (between 920.0 & 919.5) [that's why you drew that resistance line]. When the price moved horizontally, the price could come down before it would continue its upward journey. or the price could come down and down and down, or the price could just simply continue its upward journey. That's why I entered a second or two later.
THAI ELECTION Thailand postpones parliamentary PM vote The caretaker cabinet approves six-day holiday from July 28 to Aug. 2 ____________________________________ TFE exchange is closed. Thailand probably got the most number of holidays in the world.
Hang Seng & China A50 up strongly. HS is up 2%. and the CNBC LIVE (actually not live) UPDATES is : UPDATED THU, JUL 27 202310:15 PM EDT SHARE Asia markets fall ahead of Bank of Japan rate decision ___________________ Those professional writers are so slow.
31 Jul Asian session # signal during early Asian session: 8 more than 5 means a very healthy market for day traders. movers were : China A50, Taiwan index, Thailand set50, copper ____________________ Hangseng - getting rather choppy.