Very nice. How do you decide between the Nikkei and the HSI? (Do both?) P1 PS. anyone know why the markets are moving so I can sound knowledgable to my wife?
I chose the HSI because when I first looked at Asia the spi was too slow, the osaka nk was too big and I don't think kospi was available. If I was starting now I would choose nk (sgxnk or n225 or mini n225) if I preferred more orderly movements and more volume. HSI is faster, more violent and has fantastic breakout trends but its trickier than the Nk. After a couple of years trading it I like the HSI and as def has said, you can do big volume if you know what you're doing (not claiming to be the big guy ).
Why would anyone trade the US futures? Your reply to dandxg answered your own thread question. Simply, I'm sure there are traders that trade the U.S. markets because they don't have the stamina to change sleep times to trade HSI especially if they have family obligations. I myself prefer to trade DAX, FTSE100 and CAC40 but I don't have the stamina to change sleep times and I have family obligations. Thus, I trade the next best thing that fits well with my schedule and volatility style methodology... CME Russell 2000 ER2. Mark
The foreign futures are something to consider, but as Mark said, if you are in the US, you have to adjust your life in order to trade them. I personally enjoy working from 8am till Noon in my own timezone. Makes life a little easier.
Wow guys, I take it back, looking at the charts: we had 547 points on a 20,000 index (2.6%) but you got 543 points on a 12,600 index (dow) ... 4.2% Wow. Well done. Impressive. Bragging points go to the good ol USA! (Edit: Mark, BF, the post title was just a wind-up for fun. just21, the chart is with Sierra Chart. Tums, you can get HSI from the free futuresource charts with most things you might want on it.) <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1376366">
There seem to be quite a number ogf Hang Seng indices. Would you please tell me exactly which one you trade? I use eSignal data feed if you happen to know the symbol. Thanks.