Trade after work -- Trade HSI

Discussion in 'Index Futures' started by ET99, Nov 14, 2007.

  1. 1Reason,

    IB charges for most markets are less than a tick. Are you converting the currencies correctly?

    Don't worry about margin you just have to have enough money in your usd account to cover the number of contracts you trade --- nothing is converted, margin is just a guarantee of your ability to take a risk.

    learner
     
    #41     Jan 8, 2008
  2. ET99

    ET99

    I trade anything that moves.

    IB commission is always competitive, there is no need to worry about the cost. I don't think there are much alternatives. It is better to spend your energy to worry about your profits.

    Look at my blot. As long as my comm is less than 10% of my gain, I am happy.

    No need to convert your US$ to HK$. IB does that for you automatically.

    When you made money, IB will automatically convert the HK$ and deposit the money into your base currency. The exchange cost is minimal, and is always a better rate in comparison to other institutions.
     
    #42     Jan 8, 2008
  3. ET99

    ET99

    cmaxb:

    Any basic TA would do the trick.

    If you are starting out, I would recommend you to overlay the Bollinger Bands on the chart and observe the distribution for a few weeks.
    (a thorough reading of Bollinger's book is a must if you are to go this route.)
     
    #43     Jan 8, 2008
  4. ET99

    ET99

    Morning session. 30 sec chart.
    Bollinger Bands set at 1 Dev and 2 Dev.
    You can see the market bounces between the boundaries.

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1741448">
     
    #44     Jan 8, 2008
  5. ET99

    ET99

    another view

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1741487">
     
    #45     Jan 8, 2008

  6. That chart is pretty. Head and shoulders, double bottom. All sorts of good shit. How do the moving averages work on this future?
     
    #46     Jan 9, 2008
  7. ET99

    ET99

    I posted this chart on the first page of this thread. The moving averages look trackable.

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1679807">
     
    #47     Jan 9, 2008
  8. ET99

    ET99

    How I use the BB to trade

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1744371">
     
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    #48     Jan 11, 2008
  9. ET99

    ET99

    done for the day
     
    #49     Jan 14, 2008
  10. ET99

    ET99

    I was busy in the past few days. Catching up on my posts now.
     
    #50     Jan 17, 2008