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International markets traders banter

The Hang Seng is less weighted towards mainland sticks than the HHI even

Are you sure your general hypothesis is correct? I can't seem to find the link but I read something just today about how the Hong Kong market is where a lot of the larger Chinese companies are, with the mainland exchanges more dominated by smaller firms.

I am not sure it is safe to make macro bets on an intraday scale, so I wouldn't worry too much about missing out, could just as easily have cut you up the other way.
 


Macro bets are executed intraday sinner...
 
Macro bets are executed intraday sinner...

Uh, sure, aren't all trades executed intraday?

I was only trying to point out that it doesn't seem safe to evaluate the outcome of "the trade of the year" on an intraday basis, but whatever, I'll leave you to your hindsight trades of the year, enjoy.
 


I was trying to engage conversation on what i believed to be a great trade related to the context currently. The Short ES long FESX trade worked as well. Spreads like this are executed intra-day and may only be held for the day until the spread turns again....or they could be held longer as a swing.

Enjoy your life mate...

CanOz
 

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Brrrr!

Tune in tomorrow folks for the latest episode of Days of our Forums, will they kiss and make up? Or will the bitter feud continue?

See local guides for details.
 
Brrrr!

Tune in tomorrow folks for the latest episode of Days of our Forums, will they kiss and make up? Or will the bitter feud continue?

See local guides for details.

Whats the point to tune in at all mate, i offered an interesting trade and called it 'hindsight' and then offered the possibility that another one might be about to offer up another opportunity...all i get is some grief about not taking a trade intraday using macro context....WTF????? Isn't that what the spreaders do???
 

Haha all good mate, just trying to lighten the mood in here How can you soar like an eagle when you're surrounded by turkeys huh? I was reading and enjoying, don't let one stone throw you off the rails!
 

You have raised some interesting observations... and finding the right trading opportunities in different market conditions is definitely a key attribute of successful traders.

I remember (now) back in 2011 when the Euro crisis was in full force... every weekend there was some silly news that gets generally mis-priced early on Monday. And as TH pointed out earlier, Monday gaps don't often follow through. The long DAX short ES trade was perhaps a decent "partially hedged" trade to capture the Monday gap reversal. Although I don't believe it's a true "spread". One would expect Greece to impact Germany more than US so I wouldn't really bet on mean reversion.

What's the "on the ground" feeling in China with the market wobbling? It's hard to imagine any retail holder still game to buy around this level. All these new rules about relaxing margin lending just sounds ridiculous. And reducing transaction costs... doesn't that make selling cheaper as well? How on earth does that promote more buying
 
SKC, Lots of chatter on WeChat about suicides, jumpers mostly. But to be honest i'm not much in touch with the average punter here. My wife's father was virtually begging us to invest, at the top of the market mind you, but i managed to convince him otherwise. That was just before it made another high and collapsed.

I guess by suspending trading in a third of the stocks, then buying another 15% you can slow the bleeding, but for how long....

08:41(CN) 769 companies halt trading as of today, approx 27% of total listed companies in Shanghai and Shenzhen - Chinese press - Source TradeTheNews.com
 
From StockTwits...I'm a little pessimistic that a country can manipulate its markets in the short term...long term yeah, QE etc...

But do they really think this will stop the bleeding....
 

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What has the government done over there?! I never quite understand why they manufactured that big rise... Was it really to prop up the property market?

P.S. I found it very hard to discuss anything shares related with friends and relatives... and particularly the in-laws. Most certainly don't understand how, as trader, my opinion may change between the start of a sentence and the end of it.

From StockTwits...I'm a little pessimistic that a country can manipulate its markets in the short term...long term yeah, QE etc...

But do they really think this will stop the bleeding....

The Chinese have a lot to learn about market manipulation!
 
My wife's father was virtually begging us to invest

A few investment newsletters (Big Investment houses - not talking Motley Fool here) were starting to recommend investing into China a few weeks ago...as a loose follower of all markets I couldn't believe the timing. At best it was a very late call to an uptrending market and at worst it was a call to go long at the top of a bubble...what changed (other than price) that caused recommendations to send investment capital to China? The HK link has been up and running for a while now so they can't use that excuse!
 


Not sure, i know MSCI was looking to include exposure through stock connect to the Shanghai markets for their ETFs, but then they decided they wanted to see some reforms first i think....
 
Not sure, i know MSCI was looking to include exposure through stock connect to the Shanghai markets for their ETFs, but then they decided they wanted to see some reforms first i think....

Full statement on ZH http://www.zerohedge.com/news/2015-06-09/msci-track-china-inclusion-warns-liquidity-remains-issue

The 3 main issues:
 
Most certainly don't understand how, as trader, my opinion may change between the start of a sentence and the end of it.

Ha! Good one. I often get the what's good to buy now question.

I normally answer the HSI. Buy it then sell it 5 min later then sell it again and buy it back 3 min later.
 
Hmmm, thanks Sinner. Appreciate the link.
 
America down, Europe down, Gold down, Oil down, AUS/USD down. Will ASX bozos dump on cue today? Yes.
 
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