International markets traders banter

[avion]

Good one...

Hey i see new pattern: it's called Aries:

 

[CanOz]

The NK looks like it wants to take out 12800, maybe not today, but its a large consolidation pattern for those of you that like them!

 

[Trembling Hand]

The NK looks like it wants to take out 12800, maybe not today, but its a large consolidation pattern for those of you that like them!

Give it 5 mins CanOz!!

 

[MARKETWINNER]

http://www.bloomberg.com/news/2013-...or-second-day-as-philippine-shares-rally.html

Emerging Stocks Rise Most in 2 Months as Philippine Shares Surge

http://www.iol.co.za/business/inter...s-for-frontier-markets-1.1536914#.UcqvejmN3IU

Less liquidity a plus for frontier markets

http://www.bloomberg.com/news/2013-...utures-are-little-changed-sap-might-move.html

European Stocks Climb as China Cash Crunch Eases

 

[mr. jeff]

http://www.bloomberg.com/news/2013-...or-second-day-as-philippine-shares-rally.html

Emerging Stocks Rise Most in 2 Months as Philippine Shares Surge

http://www.iol.co.za/business/inter...s-for-frontier-markets-1.1536914#.UcqvejmN3IU

Less liquidity a plus for frontier markets

http://www.bloomberg.com/news/2013-...utures-are-little-changed-sap-might-move.html

European Stocks Climb as China Cash Crunch Eases

HS42 sitting right on the cusp
Could see a move up or a rejection shortly - currently bullish

 

[Trembling Hand]

HS42 sitting right on the cusp
Could see a move up or a rejection shortly - currently bullish

What is HS42

 

[mr. jeff]

Hong Kong market
Sitting at 20,380 and building to a move - waiting patiently.

 

[CanOz]

The FTSE was a perfect SuperTrend trade today...

- - - Updated - - -

Hong Kong market
Sitting at 20,380 and building to a move - waiting patiently.

Hope this wedge waits a while....

 

[mr. jeff]

Hong Kong market
Sitting at 20,380 and building to a move - waiting patiently.

Just moved up through now - along with XAO
it seems the markets like bad news in the US - more money printing...
Stops above break-even.

 

[Trembling Hand]

Hong Kong market

LOL gee is that a good market to trade. Never seen it.
Or maybe its the CFD name for something else?

 

[mr. jeff]

LOL gee is that a good market to trade. Never seen it.
Or maybe its the CFD name for something else?

Ha! seems to be the Hang Seng 40.
But yes named differently on my account to ensure confusion.
Wasn't much point in trading it with a massive commission.

 

[Trembling Hand]

Ha! seems to be the Hang Seng 40.
But yes named differently on my account to ensure confusion.
Wasn't much point in trading it with a massive commission.

Especially out of hours. If you hold from night session into the close you will be smashed anywhere up to 200 points or even more. The HSI has NO respect for US closes recently.

Hasn't it also got some nutz huge spread?

 

[mr. jeff]

Especially out of hours. If you hold from night session into the close you will be smashed anywhere up to 200 points or even more. The HSI has NO respect for US closes recently.

Hasn't it also got some nutz huge spread?

yeah 40 pt spread that took half of the initial breakout last night which I posted. Pain in the $@# !

 

[Trembling Hand]

yeah 40 pt spread that took half of the initial breakout last night which I posted. Pain in the $@# !

F'n WHAT!!!

Man you have to be kidding! You trade that? Futs are 1 - 3 points.... just lol!

 

[sinner]

yeah 40 pt spread that took half of the initial breakout last night which I posted. Pain in the $@# !

If breakouts succeed less than 50% of the time on average, and you're spending half your potential wins to enter a trade, how do you expect any edge to actually perform?

 

[mr. jeff]

If breakouts succeed less than 50% of the time on average, and you're spending half your potential wins to enter a trade, how do you expect any edge to actually perform?

You are right
Won't happen again!
excessive

 

[skyQuake]

F'n WHAT!!!

Man you have to be kidding! You trade that? Futs are 1 - 3 points.... just lol!

yup 40pts. I had the unfortunate experience of holding a possie past 6pm and suddenly it was a 40 pt spread :bad:

In market hours however its a 12 pt spread... which can be fairly decent as executions are 'live' even when the futs are slow! ...and on wild days 12pt spreads are a bargain

 

[sinner]

Just saw this fantastic tweet:

Stephen Koukoulas ‏@TheKouk 1h

ASX rises at an annualised pace of 2,500% under Treasurer @Bowenchris

 

[avion]

CNBC reported earlier this month that ISM's manufacturing data was inadvertently sent out early by Thomson Reuters on June 3rd to its high-speed clients, many of whom immediately traded on the information. There was a sharp market reaction to that burst of trading, which prompted downward moves in the SPY ETF, which serves as an investing tool for traders to bet on the overall direction of the market. That downward surge came 15 milliseconds ahead of the official release time for the data. In an era of super-fast computer trading, 15 milliseconds is more than enough time to profit from early knowledge of market moving information.

 

[Trembling Hand]

So today is the last trading day of the financial year. Time to square off books. How is this for a trade. All, yes all, my years profit is still in HKD. Without even trying I've had a 12% increase in my account the last month! What a trade. ::