Day trading derivatives futures.

Discussion in 'Journals' started by maxinger, Sep 27, 2017.

  1. maxinger

    maxinger

    Day trading Derivatives futures including index futures, commodities, currencies, fixed interests.
    All time in UTC 8.
     
  2. maxinger

    maxinger

    Longed copper HG @293 25 at 1.39pm. setting decent target profit of RR ratio 1:3.
    can't set higher target profit as HG has overhead resistance.

    shorted GBP @13453. 144pm
    The europeans are working rather early today.

    shorted gold @ 12955 , 243pm
     
    Last edited: Sep 27, 2017
  3. maxinger

    maxinger

    Longed copper HG @293 25 at 1.39pm. setting decent target profit of RR ratio 1:3.
    can't set higher target profit as HG has overhead resistance.
    profit : 0. flatten because US dollar getting too trong

    shorted GBP @13453. 144pm
    The europeans are working rather early today.
    profit : 50 pips

    shorted gold @ 12955 , 243pm
    profit : 2 ticks. flatten because gold is laggard. leads are eurusd, gbpusd

    shorted German bund 16145, 307pm

    longed DAX @12662, 342PM

    SIGNAL MISSED : long Crude palm oil at 307pm
     
    Last edited: Sep 27, 2017
  4. maxinger

    maxinger

    Longed copper HG @293 25 at 1.39pm. setting decent target profit of RR ratio 1:3.
    can't set higher target profit as HG has overhead resistance.
    profit : 0. flatten because US dollar getting too trong

    shorted GBP @13453. 144pm
    The europeans are working rather early today.
    profit : 50 pips

    shorted gold @ 12955 , 243pm
    profit : 2 ticks. flatten because gold is laggard. leads are eurusd, gbpusd
    unfortunately, price moved in my favor after I flattened position.

    shorted German bund 16145, 307pm
    profit : 40 ticks

    longed DAX @12662, 342PM
    profit : -7 points. flatten position because not worth taking the risk as market is not moving.


    SIGNAL MISSED : long Crude palm oil at 307pm
    SIGNAL MISSED : Heating oil reversal down at 330pm. Intentionally avoiding this future due to its very wide spread. Must come up with better way of dealing with it.

    OK. time for dinner and nap.
     
    futures-24com likes this.
  5. motif

    motif

    How's the slippage, day trading copper? Is it a factor?
     
  6. maxinger

    maxinger

    slippage for day trading copper not an issue.

    slippage problem occurs when market is moving very violently
    eg when there is very major news
     
    Eldredge likes this.
  7. maxinger

    maxinger

    27 Sept Wed evening. premarket analysis.

    US indices ES Russsell NQ futures - day range getting shorter. market appears to form close wedge. If North Korea big chief or Trump talk again, then it might move.
    gold - hit support level 1290. it appears to reverse to go up. but then it might
    decide to stay in small range ie untradable.
    crude oil - previous day small range. today might continue to have small range. wonder if there is any OPEC talks. watch out for tonight 1030pm news.
    Copper - unfortunately I have flattened my earlier position. so no more opportunity for me.
    natural gas - range has been small.
    heating oil - well. missed the opportunity. perhaps wait for reversal up signal
    since yesterday we had long blue candle.
    RBOB gasoline - similar to heating oil.
    live cattle - previous days gapped down. day range might continue to be small.
    lean hog - ?
    soya - yesterday down due to US $ strength.
     
    Last edited: Sep 27, 2017
  8. maxinger

    maxinger

    27 Sept evening.

    longed Russell 2000 @ 14644, 841pm. taking small position as price has moved quite alot. perhaps movement due to US tax change?
    profit : 50 ticks

    shorted Natural gas @ 3065, 942pm, reversal down.


    signal missed : short gold at 810pm. missed this signal as chart was quite messy.
    signal missed : long Natural gas at 822pm. intentionally skipped this signal as per my premarket analysis. unfortunately this is calm before storm type of market.
     
    Last edited: Sep 27, 2017
  9. maxinger

    maxinger

    27 Sept evening.

    longed Russell 2000 @ 14644, 841pm. taking small position as price has moved quite alot. perhaps movement due to US tax change?
    profit : 50 ticks

    shorted Natural gas @ 3065, 942pm, reversal down.
    profit : -5 ticks. flatten because price having difficulty going down.


    signal missed : short gold at 810pm. missed this signal as chart was quite messy.
    signal missed : long Natural gas at 822pm. intentionally skipped this signal as per my premarket analysis. unfortunately this is calm before storm type of market.


    End of day review:
    be confident with myself and the market.
    minimise flattening.
    trade simply. avoid over analysing fundamentals, avoid intercorrelating here and there.

    OK. Time for supper, time to watch my favorite TV problem, and time for cold home brew beer.
     
  10. maxinger

    maxinger

    28 Sept Thurs Asian premarket analysis

    yesterday US index futures went up significantly
    yesterday Sgx simci went up out of no where. perhaps big boys bullish about it due to US tax change. today simsci might sleep.
    nikkei and China A50 will probably continue to sleep.
    India CNX Nifty past few days very long red candles. today might be long red candle or rest day.
    MSCI Taiwan most likely will gap up. perhaps I will wait for signal to short.
    AUDUSD JPYUSD have been going down due to US$ strength.
    copper. waiting for clear pattern before trading. soon it will go north significantly.
     
    Last edited: Sep 27, 2017
    #10     Sep 27, 2017