9:30pm EST, big spike in volume. It didn't do anything for direction. Strange, you would think such volume would push it one or the another.
Hi Schaefer... Glad to see you started a journal. Have you tried the nikkei on the singapore exchange? Im assuming more volume on the osaka, thinking about getting a subscription
Hi, Jander, If I do well on Osaka Mini, my next goal is to step up to the mid size Nikkei on SGX. Schaefer
Okay here's the morning session update. Total of 5 trades, 2 loss, 3 wins, pretty much flat after commissions. Loss 4 ticks. Won 4 ticks. Loss 4 ticks. Won 4 ticks Won 4 ticks
Data outage for about 10 minutes, or so. I was flat at the moment, so wasn't too worried. It would have been great, if I was short, however Schaefer
Hi schaefer here's my chart for the am session. Don't want to crash your party uninvited, so if my charts are a distraction just let me know. :eek: As you can see I sometimes make a complete hash of my first trades of the day: rushing in when patience and cooler analysis is called for, but today at least I caught the main body of the morning trend. Ticks: -4, -5, +20.
Okay, post analysis for morning session. The result, I suck. I'm still in awe, and shock at the trendiness of the Nikkei Mini. I'm not used to seeing this on this instrument. You could see from my first few trades, I was going against the trend, and betting reversals. According to the market structure, It made a lower high at 08:35pm and never looked back. If it was NQ, I would have been all over it. Hopefully, I'll get the hang of it before my play money runs out Schaefer