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  • #3,081
  • Mar 19, 2014 2:09am Mar 19, 2014 2:09am
Quoting hadox
{quote} first resistance at 1.665x if bulls keeps moving..
Im thinking 2 scenarios atm;

1. a test of 1.665x with possible momentum to 1.674x

2. this upmove was a big trap and a break of 1.657x with momentum to 1.643x

anyway we prolly know i 20 min or so..
Patience is a virtue...
  • #3,082
  • Mar 19, 2014 2:09am Mar 19, 2014 2:09am
added a long on HKG33 averaging positions to 21.513

HKG33 D1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #3,083
  • Mar 19, 2014 2:12am Mar 19, 2014 2:12am
Quoting USD-Bear
added a long on HKG33 averaging positions to 21.513 HKG33 D1: {image}
Out of general interest: how do you manage stops there, there are some freaky gaps in the charts?
Fail better.
  • #3,084
  • Mar 19, 2014 2:18am Mar 19, 2014 2:18am
Quoting LarryDarrell
{quote} Out of general interest: how do you manage stops there, there are some freaky gaps in the charts?
yes, market open just for 6-7 hours that's why the gaps it's an extra risk, they can indeed be large, currently stops @ 21.000 while 21.180 is (imo) most important support
Don't be a hero. Don't have an ego. Always question yourself
  • #3,085
  • Mar 19, 2014 2:44am Mar 19, 2014 2:44am
Quoting USD-Bear
{quote} yes, market open just for 6-7 hours that's why the gaps it's an extra risk, they can indeed be large, currently stops @ 21.000 while 21.180 is (imo) most important support
you can use other brokers if you wanna have prices around the clock..
Patience is a virtue...
  • #3,086
  • Mar 19, 2014 2:54am Mar 19, 2014 2:54am
Quoting hadox
{quote} you can use other brokers if you wanna have prices around the clock..
aha, didn't know there are any, well it's kind of comfort not being able to trade around the clock, during most of opening I sleep, just in the last 2 hours of trade I manage my positions
Don't be a hero. Don't have an ego. Always question yourself
  • #3,087
  • Mar 19, 2014 2:58am Mar 19, 2014 2:58am
Short E/CAD - might end up as scalping not sure about the reaction to FOMC

H4
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  • #3,088
  • Mar 19, 2014 2:58am Mar 19, 2014 2:58am
concerning EU looking for a bounce near 1.3880 for a possible long (st)
or a spike above 1.4000 for a possible short (mt)

EU M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #3,089
  • Mar 19, 2014 3:00am Mar 19, 2014 3:00am
Quoting hadox
{quote} you can use other brokers if you wanna have prices around the clock..
I think that's for HSI Futures, spots are following Nikkei spots market hour.
  • #3,090
  • Mar 19, 2014 3:02am Mar 19, 2014 3:02am
Quoting USD-Bear
{quote} aha, didn't know there are any, well it's kind of comfort not being able to trade around the clock, during most of opening I sleep, just in the last 2 hours of trade I manage my positions

ahh, that makes sense and I get your points.. but the way I understood it , they make there prices based on the other index, so kind of an average or so.. the spread is also higher those hours, but I like the idea of having a "guarenteed" stop..
Patience is a virtue...
  • #3,091
  • Mar 19, 2014 3:06am Mar 19, 2014 3:06am
Quoting Ken A
{quote} I think that's for HSI Futures, spots are following Nikkei spots market hour.
it's not futures, they just quote their own price judged by the other index', so they make some kind of average I guess..

anyway I'm not 100 % sure how they get the price, I just know you're allowed to trade 24 hours a day..
Patience is a virtue...
  • #3,092
  • Mar 19, 2014 3:08am Mar 19, 2014 3:08am
Quoting hadox
{quote} it's not futures, they just quote their own price judged by the other index', so they make some kind of average I guess..
I didn't know that not sure I want to trade the broker in-house quotes. Probably safe for small amount.
  • #3,093
  • Mar 19, 2014 3:14am Mar 19, 2014 3:14am
Quoting Ken A
{quote} I didn't know that not sure I want to trade the broker in-house quotes. Probably safe for small amount.
you have a much more flexible position IMO.. you don't have to worry about your stop getting gapped in the morning, you don't have to trade those odd hours ofc..
Patience is a virtue...
  • #3,094
  • Mar 19, 2014 3:17am Mar 19, 2014 3:17am
Quoting hadox
{quote} ahh, that makes sense and I get your points.. but the way I understood it , they make there prices based on the other index, so kind of an average or so.. the spread is also higher those hours, but I like the idea of having a "guarenteed" stop..
it's the Hang Seng Index, spread is fixed @ fxcm 15 pips
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Don't be a hero. Don't have an ego. Always question yourself
  • #3,095
  • Mar 19, 2014 3:21am Mar 19, 2014 3:21am
Quoting USD-Bear
{quote} it's the Hang Seng Index, spread is fixed @ fxcm 15 pips {image}
maybe I'm stupid now, I looked at HS50 index dont know if there's any difference, the price is the same though..

this is what I meant;
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Patience is a virtue...
  • #3,096
  • Mar 19, 2014 3:30am Mar 19, 2014 3:30am
Quoting hadox
{quote} maybe I'm stupid now, I looked at HS50 index dont know if there's any difference, the price is the same though.. this is what I meant; {image}
sorry not sure, it must be something different, HS50 says something like sharian based stocks (whatever that is)....
Don't be a hero. Don't have an ego. Always question yourself
  • #3,097
  • Mar 19, 2014 3:35am Mar 19, 2014 3:35am
Quoting USD-Bear
{quote} sorry not sure, it must be something different, HS50 says something like sharian based stocks (whatever that is)....
it's trading at the same as your quote I guess.. anyway, if it works for you the other no reason to complicate it.. lol..
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Patience is a virtue...
  • #3,098
  • Edited 4:21am Mar 19, 2014 3:57am | Edited 4:21am
Quoting hadox
{quote} maybe I'm stupid now, I looked at HS50 index dont know if there's any difference, the price is the same though.. this is what I meant; {image}
HS50 = HSI

I check on the companies listed on HKSE are the same 50 companies probably listed outside HK, not sure didn't check.

HSI and HS50 are operating on different market hours. HS50 is probably on Europe and US-Canada or following CME http://www.cmegroup.com/
  • #3,099
  • Mar 19, 2014 4:05am Mar 19, 2014 4:05am
E/A is crawling up ... but A/U found support. Will watch this ping pong and maybe get out with a small win. Also added NZD/USD long. Good chance to risk ratio.
Fix up, trade sharp ...
  • #3,100
  • Mar 19, 2014 4:17am Mar 19, 2014 4:17am
E/A is on 48 pips range very unusual something big is about to happen
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