Day Trading Futures

[Somatung]

Maybe also expand the discussion to its inter-relation with USD/JPY :thumb:

Not much according to that: http://www.mrci.com/special/correl.htm

 

[LivetoTrade]

Not much according to that: http://www.mrci.com/special/correl.htm

Thanks Dan, did not know about this :thumb:

 

[Somatung]

I do follow Dow daily for two reasons,

1) many times nifty follows Dow and impacts nifty opening.
2) Just to see how I'm able to judge price action in a live chart

I don't have access to good charting software for Dow. So I use google finance just to check chart...Here is one. I think below the thin horizontal line its short in Dow for now. :thumb:

but looking at higher TF like 30m chart...it can bounce from here again..so please let me know how we can trade this.

That chart is to short in its time frame. Be careful with such charts.

Edit: Here a chart you can follow for free about the Dow and other futures in the US with delayed data (DELAYED DATA): http://www.barchart.com/futures/marketoverview

 

[LivetoTrade]

Apple introduces iPhone 6 and iPhone 6 plus. First look here.

 

[Somatung]

Dan, have you ever visited India?

No. I always fly directly to Thailand or to the Philippines. But I am sure I will visit your country once in the future.

 

[copypasteaee]

will quote an example, SBI 2600 pair had lowest price among other pairs yesterday.... but the spot price was much below 2600...

 

[copypasteaee]

No. I always fly directly to Thailand or to the Philippines. But I am sure I will visit your country once in the future.

hmmm bangkok is a nice place...

 

[Somatung]

Not sure about US markets, but in indian markets generally the big moves start at the starting of every new expiry. If its not moving in first few days, we can expect a range bound month. Option pricing and weekly charts give many clues.

How many years back did you test what you post here? (This is a normal question and in no way a critique on your post dear friend)

 

[Somatung]

hmmm bangkok is a nice place...

Was living there for over ten months. Nice to visit some times, but IF I would living there any more as today: No way, as you can live in other areas around Bangkok, just one or two hours away and have a nice quit neighborhood. You take the bus for a few Bath and stay over the weekend in Bangkok and then you go to your quit, nice place outside of noise. But that is me how I would do it today and others will have other ways of living or wishes.

 

[kenu]

How to trade a range bound market like now in the Dow?

Wanna have a discussion about that?

Why not mate ,go ahead....cheers