The transition to Futures trading

[tech/a]

Moved stop to 66 and just got taken out!

Catch you all (can Oz) tomorrow.

 

[CanOz]

Moved stop to 66 and just got taken out!

Catch you all (can Oz) tomorrow.

Nite nite

 

[pavilion103]

I'm holding it.

One of my costly mistakes so far has been tightening my stops too quickly. I miss out on 20 points for the sake of saving 4.

I was patient with this one tonight but when I saw the upthrust I waited for a good setup.

I feel like there is so much being learnt every day.

 

[pavilion103]

Out 6561

 

[tech/a]

Out 6561

You were quiet
Well done

 

[kid hustlr]

Nice work boys.

Set up @ 6577 was a corker.

 

[pavilion103]

Nice work boys.

Set up @ 6577 was a corker.

The upthrust on big volume near the top really stood out. About 15 points in the move.

I wasn't awake for the big move down when it retested the 6580 high.

I'm trying to work out what hours to watch the screen. Don't want to miss a good move but hate being glued to the screen.

Tech, when you are short and have a trailing stop and also place a buy at a support target, do you use an OCO type order which cancels the trailing stop if your buy-target it activated?
I'm not sure how to set this up

 

[pavilion103]

Also does it cost money to set alerts? I'm assuming it does if they are SMS alerts.

I'm thinking its a good idea because my of my trades are near support and resistance levels. I can have my laptop open, but when I'm away from it set alerts when price is, say 10 or 20 points away from major support/resistance so I can log back on and look for potential setups.

 

[CanOz]

Also does it cost money to set alerts? I'm assuming it does if they are SMS alerts.

I'm thinking its a good idea because my of my trades are near support and resistance levels. I can have my laptop open, but when I'm away from it set alerts when price is, say 10 or 20 points away from major support/resistance so I can log back on and look for potential setups.

Pretty limited with a platform like TWS Pav.

 

[captain black]

Also does it cost money to set alerts? I'm assuming it does if they are SMS alerts.

I'm thinking its a good idea because my of my trades are near support and resistance levels. I can have my laptop open, but when I'm away from it set alerts when price is, say 10 or 20 points away from major support/resistance so I can log back on and look for potential setups.

Pav, see my reply here:

https://www.aussiestockforums.com/f...=10838&page=52&p=787721&viewfull=1#post787721

 

[tech/a]

The upthrust on big volume near the top really stood out. About 15 points in the move.

I wasn't awake for the big move down when it retested the 6580 high.

I'm trying to work out what hours to watch the screen. Don't want to miss a good move but hate being glued to the screen.

Tech, when you are short and have a trailing stop and also place a buy at a support target, do you use an OCO type order which cancels the trailing stop if your buy-target it activated?
I'm not sure how to set this up

I'm pretty sure the trailing stop is activated only if you have an open position.
If my target is filled and it went back to the stop price its cancelled and as such not activated.
I've not done one cancels the other.

I have left trades over night.
I'm awake at 5.30 so can have a look at A/H trading and close positions before the market closes.
I've Also left a trade with a target and stop.

 

[pavilion103]

What are people's thoughts after today's XAO action.

I know the FTSE doesn't follow this obviously but was there something behind the move? I haven't been on all day. I've been valuing a petrol station!

What do we expect tonight?

 

[CanOz]

What are people's thoughts after today's XAO action.

I know the FTSE doesn't follow this obviously but was there something behind the move? I haven't been on all day. I've been valuing a petrol station!

What do we expect tonight?

The VIX has bounced, the Nikkei was down 4%, the Kospi and the HSI were down...The DAX and FTSE have gapped down...Looks a bit messy...Maybe a gap fill and resumption of the sell off until the US opens. Don't think we're quite ready for a short covering rally yet.

 

[Caveroute]

2nd entry short 6536.5
stop 6540

 

[Caveroute]

out at b/e

 

[Caveroute]

2nd entry short @6539 - also a bull trap

stop 6542

- - - Updated - - -

gone, a tad aggressive , too much overlap.

 

[kid hustlr]

Can't see anything I like just yet, watching it closely though

 

[CanOz]

04:30EDT/08:30GMT UK Jul Lloyds Employment Confidence - Source TradeTheNews.com

Carney is speaking today too

05:30EDT/09:30GMT UK BOE Gov Carney speaks at Publication of Inflation Report - Source TradeTheNews.com

 

[tech/a]

Can't see anything I like just yet, watching it closely though

Your not alone

 

[Boggo]

Just sat on my hands and watched this develop, 4.5 R/R

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