International markets traders banter

[CanOz]

The HSI was only down a lazy 450 points after China slid so hard...wow

Cooler heads prevailing

CanOz

 

[mr. jeff]

Things look to be getting quite ugly... we have US tapering, EU bailout season returning, credit crunch Chinese style, and mis-firing of Japanese arrows.

Feels like a biggish wave coming soon.

I see down trending triangles on several indices as well.
Whether the move is down or we see a refusal I do not know. Not long to wait before something is going to happen though...thoughts ?

 

[boofis]

Wow, that was a one way street. HSI packed them bags and headed 400 points south.

 

[Trembling Hand]

Wow, that was a one way street. HSI packed them bags and headed 400 points south.

yep.... boy I fluffed that up..... was a good day.......

Its sooooooo unfair!!

 

[boofis]

yep.... boy I fluffed that up..... was a good day.......

Its sooooooo unfair!!

Glad I'm not alone. Hindsight is the devil, got short at 940 but had a fairly rangebound bias doh.

"If only I let it run" haha.

 

[avion]

Same here, positive turned negative. One way train. What looked like range bound... sheesh....!

 

[sinner]

After suffering yet another incapacitating short term illness, I am starting to think that intraday discretionary trading is far too stressful for me, worse, it appears that winning seems to cause me more stress than losing (gotta keep winning). So I'm giving her up!

 

[CanOz]

After suffering yet another incapacitating short term illness, I am starting to think that intraday discretionary trading is far too stressful for me, worse, it appears that winning seems to cause me more stress than losing (gotta keep winning). So I'm giving her up!

Sorry to hear that Sinner, you still system trading?

 

[boofis]

After suffering yet another incapacitating short term illness, I am starting to think that intraday discretionary trading is far too stressful for me, worse, it appears that winning seems to cause me more stress than losing (gotta keep winning). So I'm giving her up!

For real Sinner? Sorry to hear your health is copping a beating!

 

[sinner]

Sorry to hear that Sinner, you still system trading?

Yep absolutely CanOz. All my EOD systems still running, and still ongoing with the process of refining those systems down into the least correlated, lowest turnover set that I can achieve, basically trying to achieve something very similar to John Hussman.

- - - Updated - - -

For real Sinner? Sorry to hear your health is copping a beating!

boofis, for real reals. On Thursday night, after an extremely profitable session spanning Tokyo and London, I was closing off a trade when I felt a very short but sharp twinge in my stomach. Shortly after I got nauseous, and very sick. For the next several days I was bed bound, eating only a very small amount of food, unable to think straight. The last few days I've been forcing myself to think less and less about the markets, actively avoiding stress, etc and my health has regained proportionally.

 

[Trembling Hand]

HAhah

100 points down and 100 points up in 15 min will fix any bad day!

HSI

 

[skc]

boofis, for real reals. On Thursday night, after an extremely profitable session spanning Tokyo and London, I was closing off a trade when I felt a very short but sharp twinge in my stomach. Shortly after I got nauseous, and very sick. For the next several days I was bed bound, eating only a very small amount of food, unable to think straight. The last few days I've been forcing myself to think less and less about the markets, actively avoiding stress, etc and my health has regained proportionally.

That sounds terrible! Look after yourself.

I rather be a healthy idiot than a stressed out gun trader.

 

[Trembling Hand]

Shortly after I got nauseous, and very sick. For the next several days I was bed bound, eating only a very small amount of food, unable to think straight. The last few days I've been forcing myself to think less and less about the markets, actively avoiding stress, etc and my health has regained proportionally.

Sounds about right. If you want to trade and can see a way around active intraday trading why wouldn't you. It is of no use trying be be perfect at everything when we all know its friggin' hard to get just one right.

And who wants to be a punch drunk grumpy crack addict with Turrets come down time.

 

[boofis]

This seng action is amazing.

 

[CanOz]

How many times do you or have you seen this move? The first leg is strong, longs can't out fast enough and they sell like crazy, shorts jump on for the ride. The market stops at a nice solid number, then the selling starts again, but this time there's a low/pause and some massive short covering begins...then a retest of the break, from now on every dip is a bounce with shorts covering....the market is too short, and a rally begins.

 

[sinner]

How many times do you or have you seen this move? The first leg is strong, longs can't out fast enough and they sell like crazy, shorts jump on for the ride. The market stops at a nice solid number, then the selling starts again, but this time there's a low/pause and some massive short covering begins...then a retest of the break, from now on every dip is a bounce with shorts covering....the market is too short, and a rally begins.

Aren't you just describing the Frankfurt Open/hour before London open? :::

 

[CanOz]

Aren't you just describing the Frankfurt Open/hour before London open? :::

lol...same thing with more volume

 

[avion]

Was crying out loud for days like these only to fall like house of cards...

Unfrigginbelivable....

What do'ya reckon TH... start of a new leg up... is this one of those days to remember!!!!

 

[CanOz]

woo hoo, a little jaw boning to add some volatility to the day!

(CN) China equity markets off session lows on rumors that PBoC, CSRC and CIRC might hold a joint new conference at 02:30 ET (06:30 GMT) to address recent market turmoil and liquidity issue (related CNY/USD CYB FXI USD/CNY ) - Source TradeTheNews.com

 

[Trembling Hand]

What do'ya reckon TH... start of a new leg up... is this one of those days to remember!!!!

I'll remember it!!

My P & L