Trading the SET50

Discussion in 'Journals' started by FireWalker, Aug 6, 2015.

  1. The SET50 is Thailand's stock futures index. Not a whole of volatility intraday as much of the price movement occurs overnight in the gaps.

    My plan is 1 to 3 trades a day. I trade the morning open, hoping for some directional follow-through.
     
  2. 20150806_SET50_1.png

    2015-08-06

    The daily is in an overall downtrend, and I shorted 926.30 shortly after the morning open. Price moved in my direction about 2 points, then buying started about 925.00. I am new to the SET 50 and while I almost covered at 925 due to seeing the strong buying at 925, the volume was insufficient.

    My stop was at 927.50, which was a couple ticks higher than the previous swing high (5 minute chart).

    I think all of about 5 contracts traded at 927.50. One of them was mine.
     
    Last edited: Aug 6, 2015
  3. mmt

    mmt

    which broker are you using?
     
  4. Kt zmico.