Australian (ASX) Stock Market Forum

The transition to Futures trading

While they were still in the box!

Certainly was quite a sight! (I fear that a couple of members may have been standing a little too close to that box at the time.)


I don't think they will see this post?!

Maybe we need to put the invite in another thread then (the Squirrels thread perhaps?) or have they placed some of us on ignore already?

Anyway I digress "Back to the Future(s)!"
 
Will see the post

However never have any intention of mindlessly and deceptively derailing discussion.

Actually have no intention of ever posting on ASF again.
I know that I was excessive in my response to one member in particular, and I can understand that some members have objection to that. However, I'll have sincere regrets if any choose to leave on that account, and whilst I had my reasons for choosing to post in that manner, I am willing to apologise to any whom took particular offense to the excessive nature of that post.

Either way, thank you for your willingness to pop your head into this thread.

- - - Updated - - -

Not what I would have called a discussion ... more what I'd call a bun fight!



I hope your joshing ... I enjoy you posts!

+1 & +1
 
Anyway, 1700GBP later! (1100GBP torn from my Goose and a 600GBP dent in my Grail) and I'm still happy because I got a MARGIN CALL!!!!

Hooray!!!!!
 
Broke through that little consolidation patch in the FTSE then someone gave a nice sweep, must of swept it 6 point atleast. Lots of volume coming in now so will be interested to see how it reacts.

Longer term picture I think today is a pretty interesting day, volume has been up the last couple of days so some serious business is getting done at these levels.
 
Long based on the stopping volume. Tech I know you would have taken this one with me.

Stopping volume example 1.jpg
 
Short with a stop back inside the opening range...

As an edit, the risk/reward is not as good on an open range break and retest when the market has already dropped 3/4 of its normal daily range...

The best ones are a tight range break and retest, when it has a better chance of maxing out the daily range for the reward...

:2twocents
 
im pretty bullish here. last three days have been on higher than normal volume.

30th sep we had the high volume small range day. next 2 days have been on high volume both finishing way off the lows. If we get some kind of inside day on weak volume today I think its further reason to look for a long.
 
Agree that yesterday looked like a nice rejection, nice tight opening range too...
 
Anyway, 1700GBP later! (1100GBP torn from my Goose and a 600GBP dent in my Grail) and I'm still happy because I got a MARGIN CALL!!!!

Hooray!!!!!

After being inundated by pm enquiries from a horde of envious posters (that's right! I received a whole pm from a solitary poster, so any accusations of embellishment are entirely unfounded!), I have only this to say about my treasured margin calls.

My margin calls are MINE and MINE alone! I am unwilling to share them with anyone! So hands off my margin call! Go and get one of your own!
 
Shaping up like an interesting week on the FTSE and other EU indices...today's selling in Asia means we're looking at a gap open in Europe with allot of longs trapped, so be on the look out for some long liquidation. Hopefully we'll get a pop up and find some sellers....ideally.

FTSE 100 - There is a thin area of rejection from 6317 to 6271 that may see some fast declines if we can test it... The large bracket low of 6379 to 6254 is of interest as well. We still have a gap above the current short term bracket as well at 6449 for reference.

So in summary we have a shorter term bracket, sitting at the bottom of a longer term bracket, these locations can provide some nice trading opportunities.
 

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Nice little decline into the lows of the bracket, slow trade either way...building value near the lows right now, may need to rally as the market feels quite short now...
 
The FTSE indeed covered shorts into the close of equity trading, then sold off at the end of trade. Looks like an open in value and i'm still waiting for a gap fill. Generally with no US news, and little out of the UK i expect slow trade until we get to the extremes of the short term bracket/long term bracket. Generally i think the market is still quite short, so i suspect the odds for balanced trading will prevail. Fade the extremes...
 

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Holy crap I'm bored. What I would do for some volatility right now, have to keep checking to make sure platform is not frozen
 
Holy crap I'm bored. What I would do for some volatility right now, have to keep checking to make sure platform is not frozen
Be careful what you wish for!

Personally, I prefer boring. Boring is so easy to trade!

My grails and geese are finding this quiet patch a welcome relief after being right royally FTSEed by the past week and a half's antics.
 
Found one small winner on the ftse.

done for the night i think.

i look forward to waking up in the morning and seeing that I got out to early.
 
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