Nice HSI gap

Discussion in 'Trading' started by kiwi_trader, Jul 26, 2007.

  1. Best gap I've seen for a while (542 points close to open).

    I don't know about other HSI traders but I just take a break when we get super-gaps - reading likely direction becomes too challenging.
     
  2. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1546256">
     
  3. joesan

    joesan

    Usually I only trade systematically, but when big gaps occurs, I think there will be some chance for discretionary scalping due to increasing volatility. However no luck today gained 20 points/contract on the first HHI trade and then lost 21 points/contract on the second. Then I was hands-up and stop scalping.
     
  4. Only a $3,400/contract loss for those who bought ATC for the rebound....................................
     
  5. joesan

    joesan



    what is "ATC" ?
     
  6. At the close. The previous close. An HSI point is around USD $6.50.
     
  7. joesan

    joesan

    Thanks, smilingsynic
     
  8. my counter trend system grasp about 40 points today
     
  9. And the first 15 minutes of the afternoon session goes ....

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1546464">
     
  10. yestoday I was kidding that there was sign of market crash

    today ....................
     
    #10     Jul 27, 2007