Trading The Hang Seng

Not really, only if I am long or short and it did not go my way and I held then will let it fade, BUT only if I see a good support or resistance - currently as we write this I am short 13396, 13436, 13483, 13488, and 13464 (1 contract each) average at 1343.40 and currently trading at 13439 and ticking fast...looking to liquidate all contracts at 13370 where there is support

 

AVG is 1353.40, not 43.40...typo..trading at 13420.00

 

sold all contracts at 13467.00 and took a loss - $438.59 - didn't like the last two minutes

 

One Contract -

 

Nice, I might join you here in january when I get more time.

 

Wasen't it averaging down? Was it planned or just a bad trade where you where supposed to get out fast based on your trading plan?

 

How about the MHI? I trades through IB (from Canada).

What does IB stand for? Sorry I'm a newbie.

 

I think the MHI is good. i used to trade it a while ago. IB stands for Interactive Brokers. A broker with cheap comish that over 50% of the people on this forum use. Poorest customer service though.

 

Normally HSI has a huge daily trading range. Lately its getting smaller, for example today only about 200 pts.

Very strange, dont you think?

 

Thanx!