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International markets traders banter

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The first day of systematic trading for me and i had three order executed just after the open of each the SPI, K200, and HSI.

One problem though...wrong account specified on each chart. My stocks account in IB does not have futures permission, and that's what Multicharts defaulted to...

I would have been short the SPI at 4330, long the K200 at 259.8, and short the HSI at 20458

Oh well. There are more markets opening later...:bonk:

CanOz
 
Well 6500 just gave way on the DAX, and 1.30 handle looks to fall on EUR...not sure if the US can pick this baby up or not tonight...Data out soon, maybe that will reverse it.

CanOz
 
CanOz said:
Well 6500 just gave way on the DAX, and 1.30 handle looks to fall on EUR...not sure if the US can pick this baby up or not tonight...Data out soon, maybe that will reverse it.

CanOz
Click to expand...

Just a wash out. That should do until some more juice comes in around US open? But that may lift it.
 
Trembling Hand said:
Just a wash out. That should do until some more juice comes in around US open? But that may lift it.
Click to expand...

Sure is choppy.....a light news day in the US, this could continue until some more good news...

German data was good...tough market.

CanOz
 
CanOz said:
Sure is choppy.....a light news day in the US, this could continue until some more good news...
Click to expand...

Nah..... three pushes down with divergance. We are going up. Come on put some of your money on it.
 
Trembling Hand said:
Nah..... three pushes down with divergance. We are going up. Come on put some of your money on it.
Click to expand...

I'm still short....can't interfere, it wouldn't be systematic if i did!

CanOZ
 

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I may actually need to trade the DAX and EuroStoxx50 in two sessions. The morning as one session and then treat the open of the US markets as a separate session. I'll test this tomorrow and see if its logical.

CanOz
 
Trembling Hand said:
Nah..... three pushes down with divergance. We are going up. Come on put some of your money on it.
Click to expand...

Right you were, gave up 1700 EUR of open profit.

CanOz
 
CanOz said:
Smartass!

Its gonna take a day or two to get over leaving that one the table.

CanOz
Click to expand...

Yeah? Won't be the last time a fortune slips out of ya hand.

Strangely its exposing your self to that type of pain that enables you to bag the really big ones.
 
Looks like it could really crap itself tonight corn:
test of 1342 and crack below imo
 
Trembling Hand said:
Yeah? Won't be the last time a fortune slips out of ya hand.

Strangely its exposing your self to that type of pain that enables you to bag the really big ones.
Click to expand...

I know, i know...my weakness has always been NOT taking profits soon enough. One thing i am disciplned at though, and thats sticking with the system...Can't fault myself on that tonight!

Long the ZB from 144 9/32


CanOz
 
The inevitable squeeze... and come on crack 1342!

Regardless of what happens tonight, anyone think Aus is due for a squeeze from late morning tomorrow?
 
CanOz said:
I know, i know...my weakness has always been NOT taking profits soon enough. One thing i am disciplned at though, and thats sticking with the system.
Click to expand...

Doesn't sound like much of a weakness to me. It's as hard to pick tops as it is
bottoms even harder in bull markets. Even Soros was out of gold at 1500!
 
CanOz said:
I know, i know...my weakness has always been NOT taking profits soon enough. One thing i am disciplned at though, and thats sticking with the system...Can't fault myself on that tonight!

Long the ZB from 144 9/32


CanOz
Click to expand...

You are either a quick hitter or a longer trend rider. It's very difficult to be both.

In the current market I am pretty dedicated to quick hits. It chops around so much, at the same time the next opportunity is never far away. Combining smaller profits with higher frequency can build total profit just as efficiently.
 
CanOz said:
I may actually need to trade the DAX and EuroStoxx50 in two sessions. The morning as one session and then treat the open of the US markets as a separate session. I'll test this tomorrow and see if its logical.

CanOz
Click to expand...

Trade the European open with European indices, trade the US open with US indices.
 
sinner said:
Trade the European open with European indices, trade the US open with US indices.
Click to expand...

Hi Sinner, what i'm finding in my testing is that there is a sweet spot with correlated indices. The SPI for example, doesn't have its sweet spot until the HSI opens, could be related to Shanghai as well, not sure.

For the DAX it has a sweet spot in the morning and then another one in the afternoon, as it changes from leading the ES to following it.


CanOz
 
CanOz said:
For the DAX it has a sweet spot in the morning and then another one in the afternoon, as it changes from leading the ES to following it.
Click to expand...

Yeah this is the problem with intraday. The little intricacies are always changing. The DAX at the mo is just smokin'. Just out and out sweet spot for volatility but no sooner will you crack it, it will change. Believe me - have lost count 10 time over on how many times a repeatable pattern comes hangs around just so you get used to it then fades.

 
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