professor_frink
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Traded on the sim again today, but it went well. Going back live with 1 contract tomorrow
International Index Trading
- Thread starter wayneL
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Traded on the sim again today, but it went well. Going back live with 1 contract tomorrow
wayneL
VIVA LA LIBERTAD, CARAJO!
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Could just be a technical retracement.
COT structure in Gold is extreme.
Short covering rally on US$?
Everyone is so Bullish on the markets (expect the opposite).
The US markets are already factoring in .50 cut the next time the FED meets?
POG may have been factoring it in as well.
So you have the case of US markets making new highs based on interest rate cuts.
Expect the unexpected
>Apocalypto<
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Excellent post bean...............
professor_frink
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The Dow goes down, so the HSI sells off too...... for 25 minutes, and then proceeds to go on a 950 point rally!
Looks sustainable too. Hang Seng will be at 50,000 by the end of next week
Looks sustainable too. Hang Seng will be at 50,000 by the end of next week
nutts eh! I remember reading somewhere recently that index futures were coming on line in China for the public, I can't recall the detail so I might be way out on the dates but I wonder if thats driving it?
or maybe with the Olympics coming their way they are trying to set a world record for the biggest weekly candle
or maybe with the Olympics coming their way they are trying to set a world record for the biggest weekly candle
professor_frink
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nutts eh! I remember reading somewhere recently that index futures were coming on line in China for the public, I can't recall the detail so I might be way out on the dates but I wonder if thats driving it?
or maybe with the Olympics coming their way they are trying to set a world record for the biggest weekly candle
I have no idea what's behind the rally, but whatever it is, it can't last too much longer at this pace.
The Dow goes down, so the HSI sells off too...... for 25 minutes, and then proceeds to go on a 950 point rally!
Looks sustainable too. Hang Seng will be at 50,000 by the end of next week
Surely this has to be a bubble thats going to burst. Seems like every time it looks to top, people go short, and then spend the entire next day covering.
In 6 weeks you could have tripled any original capital amount on this index by holding HSI futures. (at least).
Next correction and bottom, I have to find courage to buy and hold these..
(and ignore the bears).
professor_frink
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There is also the mini contract if you want to go for a swing trade and don't want to face the prospect of losing thousands on a gap against you.
professor_frink
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Bubble is over. It's lost 450 points in in the past 15 minutes.
HSI 10,000 by the end of next week!
HSI 10,000 by the end of next week!
>Apocalypto<
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You taking shorts on it Bob? should be a fast ride!
professor_frink
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Nope. Wouldn't have been posting in here if I was still trading- it's way too hard for me to do both on this thing!
Trembling Hand
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The Dow goes down, so the HSI sells off too...... for 25 minutes, and then proceeds to go on a 950 point rally!
Looks sustainable too. Hang Seng will be at 50,000 by the end of next week
PERFECT!!
I had to trade a couple of Minis . The big boy was to wild!!!
What a nuts ride. It really is extraordinary. that kind of action can be the start of a nasty reversal. Thou not putting any of my money on it overnight.
Trembling Hand
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They aren't doing a very good job!! HSI looks a bit sick now. Yesterdays gap closed.
What data are you using my IB data doesn't have that Vol spike.
Yep, IB.
I also noticed the HSI likes the standard pivot lines and even half pivot lines.
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professor_frink
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Dear God, didn't I pick a great day for a comeback
A range of nearly 1800 points in less than 5 hours trading! I've had to change the font size on my DOM so I can fit enough on my screen to be able to trade properly. It was getting to the stage where I had to keep adjusting it every 30 seconds just to keep the depth in view on my screen!
A range of nearly 1800 points in less than 5 hours trading! I've had to change the font size on my DOM so I can fit enough on my screen to be able to trade properly. It was getting to the stage where I had to keep adjusting it every 30 seconds just to keep the depth in view on my screen!
Trembling Hand
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Dear God, didn't I pick a great day for a comeback
A range of nearly 1800 points in less than 5 hours trading! I've had to change the font size on my DOM so I can fit enough on my screen to be able to trade properly. It was getting to the stage where I had to keep adjusting it every 30 seconds just to keep the depth in view on my screen!
If only every day was like that.
professor_frink
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I managed to lose money today on the HSI, despite the fact that it had a range of over 900 points
An order mishap left me slightly down in the morning session(I was testing out ZLT's auto chase feature on the SIM Friday afternoon, and forgot to change it back to my real account this morning). An ill timed phone call from Mrs Frink meant I wasn't around to get short for the massive decline after the lunch break
To top things off, I found a support level around 28 000 once I was back at the screen- it looked like it was in the process of making a higher low, so I did a bit of bottom picking, which didn't go well at all.
My next move was probably the best thing I did all day-I went to the bottle shop to get some beer.:drink:
An order mishap left me slightly down in the morning session(I was testing out ZLT's auto chase feature on the SIM Friday afternoon, and forgot to change it back to my real account this morning
). An ill timed phone call from Mrs Frink meant I wasn't around to get short for the massive decline after the lunch breakTo top things off, I found a support level around 28 000 once I was back at the screen- it looked like it was in the process of making a higher low, so I did a bit of bottom picking, which didn't go well at all.
My next move was probably the best thing I did all day-I went to the bottle shop to get some beer.:drink:
