Australian (ASX) Stock Market Forum

Scalping the HSI & the K200 (SIM)

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Guys, this is gold but this happens in allot of markets obviously. You can see the usefulness of the 2 range chart (on Top) in this example. Look at the work done at the offers where i have circled. Someone wanted to hold the offer at this level for a while. There was nearly 2600 cars traded at 76.7, 76.6, and 76.5. I just happened to notice it and thought it a good example of how to use the 2 Range chart if you don't have alerts for ice bergs.

A 2 range chart is a chart that draws a candle every time the price travels 2 ticks.
 

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CanOz said:
Guys, this is gold but this happens in allot of markets obviously. You can see the usefulness of the 2 range chart (on Top) in this example. Look at the work done at the offers where i have circled. Someone wanted to hold the offer at this level for a while. There was nearly 2600 cars traded at 76.7, 76.6, and 76.5. I just happened to notice it and thought it a good example of how to use the 2 Range chart if you don't have alerts for ice bergs.

A 2 range chart is a chart that draws a candle every time the price travels 2 ticks.
Click to expand...

Have you ever thought about doing freelance drawing in paint for a living? That's a marvellous arrow you've drawn haha :D Will have a range chart running today and see what it shows.
 
29th.png

Update on the days pnl. Starting to see a daily trend forming in my pnl, up after open heading down the longer the day goes on!

Also a scatter chart showing my trades. Again, would still be in the green (marginally) if it were the big seng not mini seng. Note* I mention this not to try and fool myself into thinking I can trade consistently profitable, but just as a meager sign of encouragement that I've not got everything wrong LOL
 
boofis said:
When do most traders start trading the next month on the seng? Tomorrow onwards?
Click to expand...

In my experience the Seng usually goes right to the last day...punctual, not like the US where you have to roll with the volume.

CanOz
 
Better Freehand MS Painter than me:eek:
 
tech/a said:
Trade afternoons.
Click to expand...

If I avoided every bad period that I had from time to time I would never trade. Idea is to fix the F ups not just walk away from them. More outliers happen in the first 30 min than the rest of the day combined. Unfortunately this week they seem to be the wrong way for me.....
 
I find there are only 3 bad times to trade.

Morning Noon and Night.
 
Error on reloading data; IB error in requesting historical data from IB. No security definition has been found for the request (200) (panic)
I've got like a thousand of these popping up and I've restarted both programs. ANy ideas :S!
 
boofis said:
Error on reloading data; IB error in requesting historical data from IB. No security definition has been found for the request (200) (panic)
I've got like a thousand of these popping up and I've restarted both programs. ANy ideas :S!
Click to expand...

What version of TWS are you running? You didn't update recently did you?

Should be 927.7
 

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