Australian (ASX) Stock Market Forum

Scalping the HSI & the K200 (SIM)

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My efforts from the last half hour lol....looks like I need to do the exact opposite, pity I don't know what I was doing in the first place, other than trying to go with the flow....just turn your screens upside down and it's perfect :D

And since when has the HSI had data till midnight or so?? lol.jpg
 
If you guys have trouble seeing icebergs, try using a 2 range chart on top of a 2 minute chart to look inside the bars...maybe you do this anyway but as you can see it highlights areas where there is some absorption which can make for a nice reversal or a flood of stops sometimes....you can see the iceberg indicated with the little red market, its on the offer.

Thanks to Alex on another forum for the idea...thought I'd share it in case the scalper saw some value in it.

CanOz
 

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ThingyMajiggy said:
My efforts from the last half hour lol....looks like I need to do the exact opposite, pity I don't know what I was doing in the first place, other than trying to go with the flow....just turn your screens upside down and it's perfect :D

And since when has the HSI had data till midnight or so?? View attachment 52434
Click to expand...

Nothing wrong with those results Sam, you're still green!
 
boofis said:
What kind of ideas were you trying to trade?
Click to expand...

None in particular, was just punting away through boredom mostly, not many ideas I can think of for the last half hour. Just turned it on and had a crack, wasn't that serious of a go, I usually do my best in the first hour or two of the sessions, I just get chopped to death after that lol.
 
ThingyMajiggy said:
None in particular, was just punting away through boredom mostly, not many ideas I can think of for the last half hour. Just turned it on and had a crack, wasn't that serious of a go, I usually do my best in the first hour or two of the sessions, I just get chopped to death after that lol.
Click to expand...

Yeah understandable lol! Load up on open and pretend like we're in TH's league ey.
 
More stats to come to do some analysing. F8ckin ninja and that stupid erase stats when you go back in time....grrr
rangeboundbutwithbigmove.png

*Will try tightening up my stop to 15 ticks (Which is still relatively wide lol)
*On range bound days looking for longer range bars with relatively higher volume as turning points.
*Also, try to accept range bound days as just that earlier on in the day and adjust profit expectation accordingly i.e. no 150 tick runners.
 
upload.png

Tighter stop and a nice string of losses lol. Couple patterns starting to stick out for smaller trades but the runners seem to me at this stage to be on the right side of the market at the same time as when peoples drop the size!
 
Would anyone mind confirming the volume of the opening 5min bar this morning? Mine says 8397
 
boofis said:
Hmmm, NT is saying that, IB is not saying that for me.... I know not what is happening. Rollover?

I'm cautious now, I just got a 1min bar with 2500
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Yeah I'm getting that all the time too, never know if its IB or actual. Like that 600 lot that just hit.
 
ThingyMajiggy said:
Yeah I'm getting that all the time too, never know if its IB or actual. Like that 600 lot that just hit.
Click to expand...

Yeah this is some real BS. How can there be a discrepancy between the data provider and target software :confused: NT is reporting the data far different for me than what IB is sending it through it seems.
 
boofis said:
Yeah this is some real BS. How can there be a discrepancy between the data provider and target software :confused: NT is reporting the data far different for me than what IB is sending it through it seems.
Click to expand...

LOL....having fun yet? :D

Data makes a big difference...IB is just not designed to be a intra-day traders feed. It packaging up and shipped off to you to be unpacked in a manner that "only god knows"....If it can't decide it just doesn't assign them to the bid or the offer, they're just "in between".

Anyway, there is enough chatter around the net on IBs data, use at your own peril. Having said that TH managed to use it AND be profitable for a few years before turning Pro so that must say something....:2twocents


CanOz
 
I'm not really paying any attention to it tbh, it's IB, has always been like that, I'm more interested to see if my "play" in my head plays out over the next 15-30 mins, I know the detail in the figures is wrong so I won't put any weight on it, besides if I'm right on the longer call then it'll get there one way or another lol.
 
CanOz said:
LOL....having fun yet? :D

Data makes a big difference...IB is just not designed to be a intra-day traders feed. It packaging up and shipped off to you to be unpacked in a manner that "only god knows"....If it can't decide it just doesn't assign them to the bid or the offer, they're just "in between".

Anyway, there is enough chatter around the net on IBs data, use at your own peril. Having said that TH managed to use it AND be profitable for a few years before turning Pro so that must say something....:2twocents


CanOz
Click to expand...

Yeah, I guess it just comes with the territory of wanting to trade a market that doesn't really have any other providers...Oh propex, please take me on haha.

betterday.png

An encouraging start to the morning.
Pulled the stop in and only took positions with int. highs/lows as stop points (just outside the high/low really).
Also pulled in profit target due to it feeling like a fairly rangey day.
Cut too early my 30 tick winner on open, should've let it ride for a bit longer but that's always the dilemma.
 
Note: need to be more conscious of my holding time with trades that go straight to green.
 
Efforts on the Kospi so far today, strange market, will do nothing churning for a while then suddenly be a one way train for a while, rinse and repeat. Like standing in front of a train if you get it wrong!

K200.jpg
 

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