Scalping the HSI & the K200 (SIM)

[boofis]

So with closed asian markets what does one do but...market replay!



That's market replay x10 speed, the open of the kospi until Hang seng opens and then till hang seng lunch close.
Desperately easy to take the bait and over trade the seng on fast replay; helps one learn to filter out the noise and also note where it appears people are trying to trigger stops or make others puke.

A piece of advice I was given that I'm working on lately regarding closing a position: If you were closing out a 1000 lot after making a profitable trade (This was in regards to super liquid markets) would you close it out knowing that you could push the price right back against you just because you were feeling the pressure/excitement of profit and wanted to close it out even though you hadn't seen any reason in the market to suggest the play was over?

So to hold or not to hold that is the question...and to hold is the answer lol. When in profit doubt, hold...until you see a reason to exit.

 

[boofis]

After overtrading the first replay session this morning I thought I'd play with a wider stop and take less trades. Worked out rather well. There seems to be alot of opportunities for people with tight stops to be squeezed out and also fake reversals once a trade is set in motion.

 

[boofis]

 

[boofis]

So the market replays have helped in developing expectations of what will probably happen in certain time periods. On the open of K200 it's about getting a position with the direction as it usually opens with a couple large range bars. Then around 10:40 through till 11 the inclination is to fade any false breaks as ranging is pretty common before HSI open.
On the HSI after 150~200 tick move start looking for turn around; can be dangerous if you jump too early (as indicated by my stats, had 4 goes at fading what I thought was the end of the move but stopped out each time for something like an 80 tick drawdown which wouldn't be pleasant when trading live). Hard to describe in words but the order book seems to have an up up down up up down almost rhythm to it before a break long, guess it's from buyers starting to pick up the market but not spook it too much before they get their fills.
The wishy washy action after the havoc of open seems like a time of day to keep the hand off the mouse unless it's generally wandering along in an established direction which seems ok just to roll along with.

 

[boofis]

The arvo session recorded data.


Tightened the stop up while only trying to play for 'home runs', which shows the outcome of such a specific attitude; far less winning trades, the one big r:r at 10 ticks risked 80 ticks profit and the rest just losing trades.

 

[boofis]

The aim of this session was to fade false breaks K200 during specific times. 1 min green and red bars side by side with nearly the same range, good chance to make the most of people not taking into account the context of price.

 

[ThingyMajiggy]

How are you recording the data?

I have the recording thing turned on but I'm trying to play it back now and it's not playing it back properly, its showing candles on the chart but not moving, just showing 0:00 on the candle countdown too. Nothing shows up at all for HSI, only for Dax and CL for some reason, p!ssing me off. Hate these sorts of problems with NT.

And I can't see any stats for the trades that I do make on CL because I have no choice to trade anything else lol. JOY.

 

[boofis]

How are you recording the data?

I have the recording thing turned on but I'm trying to play it back now and it's not playing it back properly, its showing candles on the chart but not moving, just showing 0:00 on the candle countdown too. Nothing shows up at all for HSI, only for Dax and CL for some reason, p!ssing me off. Hate these sorts of problems with NT.

And I can't see any stats for the trades that I do make on CL because I have no choice to trade anything else lol. JOY.

Just make sure you've ticked the box that says record data for market replay and then put the instruments you want to record into an instrument manager list (for me K200 and HSI) and then make sure you have charts open for each while the markets are open and it will be recorded. I have the jigsaw tools attached to each chart so that's the only way I know the bid ask stuff is coming through and being recorded.

You can check what data you have available by right clicking on the little box that has play/pause etc. and going into the subcategory of available data.

Occasionally I get the problem where it doesn't pull stats for trades during replay so I just shut down ninja and restart (lol, the dummy solution to all things computer) and it usually picks it up fine then.

What are you trading these days Sam?

 

[waza1960]

How are you recording the data?

Big Mikes forum has some replay data which you can download but nothing that recent though.

 

[boofis]

Big Mikes forum has some replay data which you can download but nothing that recent though.

Am happy to send anyone the data files I have aswell if that will be of any use.

 

[havaiana]

Occasionally I get the problem where it doesn't pull stats for trades during replay so I just shut down ninja and restart (lol, the dummy solution to all things computer) and it usually picks it up fine then.

Next time try going into the trade executions tab (not the one in trader performance, the main one). Then go back to trader performance and stats should now work. Used to do the trick for me anyway

 

[ThingyMajiggy]

Just make sure you've ticked the box that says record data for market replay and then put the instruments you want to record into an instrument manager list (for me K200 and HSI) and then make sure you have charts open for each while the markets are open and it will be recorded. I have the jigsaw tools attached to each chart so that's the only way I know the bid ask stuff is coming through and being recorded.

You can check what data you have available by right clicking on the little box that has play/pause etc. and going into the subcategory of available data.

Occasionally I get the problem where it doesn't pull stats for trades during replay so I just shut down ninja and restart (lol, the dummy solution to all things computer) and it usually picks it up fine then.

What are you trading these days Sam?

Yeah I have that ticked, didn't realise whatever you wanted to record had to be open though so that's probably the problem haha.

Ahh just simming for me these days, don't have the funds to trade live which sucks but ah well, sim GOD here I come lol. I usually have a crack on HSI, DAX, maybe CL........Yes I like my fast markets, probably shouldn't though because I mainly like them because they keep me interested, which isn't a reason to trade something.

Also keen on programming, mainly some python, but currently have no idea how to get an idea from my head to code, which programs to use to do that etc. and where to get data blah blah blah, so just investigating that, but would like to try some coding to play around with some systems.

Where do you put recorded data that you download? If I could grab some off you that'd be awesome!

 

[Trembling Hand]

Where do you put recorded data that you download? If I could grab some off you that'd be awesome!

it is normally kept here,

C:\Users\YOUR_NAME\Documents\NinjaTrader 7\db


HAHA! I just check and I have 14 G of it!! How much simming do you want to do.....

 

[ThingyMajiggy]

it is normally kept here,

C:\Users\YOUR_NAME\Documents\NinjaTrader 7\db


HAHA! I just check and I have 14 G of it!! How much simming do you want to do.....

14G! When does that go back to?

 

[Trembling Hand]

14G! When does that go back to?

05-06 I would guess....................

 

[ThingyMajiggy]

05-06 I would guess....................

Haha that's awesome, can I bring my hard drive to your place?

 

[Trembling Hand]

Haha that's awesome, can I bring my hard drive to your place?

Yeah any time. Long trip though on the postie

 

[ThingyMajiggy]

Yeah any time. Long trip though on the postie

I'd be up for it, they ride from WA to the east coast on those things, might need an ar$e transplant after but still 14G of Honkers data is the prize lol

 

[Trembling Hand]

It would be for all these markets from early Asia to mid morning Euro ses for 7 years!

 

[boofis]

it is normally kept here,

C:\Users\YOUR_NAME\Documents\NinjaTrader 7\db


HAHA! I just check and I have 14 G of it!! How much simming do you want to do.....

Ermmm, *says in the most polite voice possible* Excuse me Sir Dr. Mr. TH, would I be able to pur-chase some of that 14g of data off you?.... seriously