Day trading derivatives futures.

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

  1. maxinger

    maxinger

    15 aug Eur session

    so far no violent movement from Turkish Lira.
    usdcnh already up

    copper gold down due to Asian index down.
    nowadays copper and gold good friend again.
     
    Last edited: Aug 15, 2018
    #441     Aug 15, 2018
  2. maxinger

    maxinger

    cont ...
    hmmm. Lira, Zar, Mexican Peso continues its down journey.

    look at Lira long red candle. even the 100" monitor is not big enough to capture that long candle.
    perhaps must use projector for display.
     
    Last edited: Aug 15, 2018
    #442     Aug 15, 2018
  3. maxinger

    maxinger

    15 Aug US session

    past few hours which futures went down?
    Nikkei, Taiwan index, simsci, hangseng, China A50,
    ES YM RTY NQ, dax
    copper gold


    so come US session, are these going to go down again?
    absolutely no idea.

    Lira went down then recover some.
    but ZAR and Ruble and peso decided to go up.

    crude oil - past few days, day range very wide ie highly tradable.
    oil ranging from 66 to 68 or 70.
    when oil price is down, financial reporters would say too much inventory or output will be up.
    when oil price is up, financial reporters would say too little inventory or output will be
    down.
    BUT ! oil price can swing up and down within hours !
    reading news is for us to laugh !

    US retail sales news coming up.
    but market probably wouldn't be interested in such news as market is too
    preoccupied with Turkey matters
     
    Last edited: Aug 15, 2018
    #443     Aug 15, 2018
  4. maxinger

    maxinger

    Last edited: Aug 15, 2018
    #444     Aug 15, 2018
  5. maxinger

    maxinger

    16 aug Eur session

    gold
    1167 level appears to be quite a strong support

    Italy btp - strong ut
    Germany buxl - strong dt
    ZB - yesterday up

    asian index - today long blue candle

    usdcnh - today long red candle

    lira , Zar - trying to go down?
     
    #445     Aug 16, 2018
  6. maxinger

    maxinger

    17 aud Asian session

    yesterday asian index, YM up
    gold copper went down and up.

    spot forex (lira, zar, ruble peso ...) and usdcnh future
    I will stop monitoring and trading all these now and forever and ever, till end of time.
    I actually gave up on spot forex years ago.
    I wouldn't be able to profit from trading spot forex and futures with very low volume
    as I don't have any edge.

    Let those bankers,
    greedy and fearful big boys profit from forex trading.



    So what am I looking for ?
    chart candlestick must be based on number of contracts.
    spot forex - only have # transactions (even with that , I have to pay for the 'lousy' data fees ! one transaction could be few dollars worth,
    another transaction could be few million dollars worth !! ).
    chart must not be spiky, jerky, violent, erratic, messy.
    chart must not have soo many porpupine spikes.


    spot forex totally failed to meet all these criteria.
    Good bye spot forex.
     
    Last edited: Aug 16, 2018
    #446     Aug 16, 2018
  7. maxinger

    maxinger

    17 aug end of week session

    signals so far :
    YM up 836a
    NQ up 904a
    HS simsci down 1021a

    sigh ... didn't catch all the signals.

    simsci - well. I will target reward risk ratio > 5:1
    Interesting simsci. price went up too high because those traders followed the gold price which was going up. later people realised it was far too high. now it is going down. it might go down to where it came from.



    US index futures highly tradable outside US session.
    this statement contradicts what the experts say.
     
    Last edited: Aug 16, 2018
    #447     Aug 16, 2018
  8. maxinger

    maxinger

    sudden thought.

    Sudden thought just came to my mind.
    How much did I lost last time?
    I didn't dare to count.
    perhaps $1m ?!?!?!?
    But I knew I sold my sports car, sold one of my houses, cancelled
    some insurance policies, closed some bank accounts.
    I am sure loss was > $0.5m.

    Perhaps one day, when I have nothing to do, I will attempt to count.
    anyway, counting losses is not in my bucket list.
     
    Last edited: Aug 17, 2018
    #448     Aug 17, 2018
  9. maxinger

    maxinger

    17 Aug eur session

    hmmm. India Nifty aiming for the moon?
    PM Modi doing very well.

    shrinking day range :
    Germany Buxl

    futures that are sleeping :
    dax
    eur gbp jpy
    crude oil ( soo obvious it is sleeping even blind people can see it sleeping)
    copper

    gold - no idea where it is going

    what is going to happen next ?
    also no idea.
     
    #449     Aug 17, 2018
  10. maxinger

    maxinger

    cont ....

    markets very very quiet ....
    zero heart beat , zero pulse.
    wonder how long it will be this way.

    OK. time to powerdown my computers.
    not worth taking risk trading. let me spend my time doing other things.
     
    #450     Aug 17, 2018