Nite Session U.S. Index Futures

Discussion in 'Journals' started by osorico, May 7, 2007.

  1. The more I learn about whats available and reasonable for overnight, the more excited I get. It will be very cool to specialize in a handful of very tradable European instruments before the U.S. open.

    Thanks for the suggestion.

    Osorico :)
     
    #31     May 15, 2007
  2. abaker

    abaker

    Nove
    On which chart timeframe do you see the bund trending?
     
    #32     May 15, 2007
  3. 21:40 EST

    L YM @13433, Stop not entered yet. Will watch for a while before placing. Initial mental stop is 328 which provides first indication the trade is shaky.

    Im coming off a great day session so my chartvision and expectations may be skewed. :)

    Osorico
     
    #33     May 15, 2007
  4. 22:45

    Still live, still watching, no stop placed (yet)
    ITM 7tics.
     
    #34     May 15, 2007
  5. 23:45

    Still live, no stop placed (yet). ITM 5tics

    I like the trade. P&F target suggests possible 30+tics. But you know, I really hate putting on a net b/e stop here, and Im not willing to leave with a catastrophic stop either... Way too easy for The overnite schmucks to push the price around with 1 contract.

    I'll be readjusting my internal clock and I think on Thursday Ill start posting about FESX.

    Stay or go decision coming up shortly.
     
    #35     May 15, 2007
  6. 00:34 EST

    hard stop placed @428. I think I already know exactly how this will play out.
     
    #36     May 16, 2007

  7. 5/16/07 02:15 EST

    OCO Stop @13438, sell limit @13468. Whatever will be will be. As of now, 3 frickin hours into it, ITM +10.

    Thus far, not worth my time. We'll see.

    Osorico
     
    #37     May 16, 2007
  8. rcj

    rcj

    Jeeezz hope you got out, Oso.
     
    #38     May 16, 2007
  9. rcj

    rcj

    Edit. just went from 438 to 344.........
     
    #39     May 16, 2007
  10. Stop hit around 02:50 EST for a whopping +4 NET.

    Major realization... I will no longer trade low volume instruments overnite. Its just not fun.

    My next posts in this journal will be for FESX. Overnite, volente can have the U.S. indexes.


    Others are welcome to use this thread for overnite trading topics regardless of instrument.
     
    #40     May 16, 2007