Derivatives Trading

[maxinger]

singapore simsci.
today roll over day.
market might go down as per the down momentum,
or retrace up (correction as u call that)

nikkei
high probably it will be inside day

china A50
it might be aiming for 10000 level

taiwan
as usual, day range might continue to be healthy


gold
might be trending. be on alert for signal

usdjpy
now trending. so on alert

indeed singapore market really really moved.
simsci went down 1.6%

now many people laughing all the way to the banks.

 

[maxinger]

singapore simsci

look how strong the momentum is .

now aiming for 350 level.
next target 340 level but it will take time.


most likely today day range might exceed 2.5%

and perhaps Taiwan market trying to follow simsi.

 

[maxinger]

singapore market simsci

look at simsci weekly chart.
it has completed its up channel movement.
now it is in down channel.
next target 350 level, then 340 level.

 

[maxinger]

my siren has been activated !!!

Gold broke my 1090 level. now monitor with high alertness.
level broken during US time.

there was signal to short gold.

how low will it go? no idea.
as price goes down, simply shift your stop to protective stop.

 

[maxinger]

this afternoon european markets view

based on STOXX50 and dax charts, it is probably going to be sluggish.

based on fundamental, there is nothing exciting/ big that's going to move the market.
Greece news is now an insignificant news.

EURUSD is ranging.

 

[maxinger]

next Monday asian markets view

Might as well do the analysis today so that I can rest during weekend

singapore market / simsci
4 long red candles.
so monday it might continue to go down,
retrace up (u call that correction?),
or sleep

Nikkei
it is moving towards apex of converging triangle.
day range rather small.


China A50
day range and volume has dried significantly.
it might attempt to test 10 000 support level.

Taiwan
obviously downtrend. day range has been healthy.

India Nifty
as in China A50, can't see clear retracement pattern.
not worth taking risk.

 

[maxinger]

based on STOXX50 and dax charts, it is probably going to be sluggish.

based on fundamental, there is nothing exciting/ big that's going to move the market.
Greece news is now an insignificant news.

EURUSD is ranging.

look at stoxx50. futures market opens for 45 minutes already.
but range is sooo small only 0.15%.
those people really sleeping.

 

[ValueInvestor]

maybe u should ownself start a blog or something

your this thread, only yourself posting LOL

 

[maxinger]

maybe u should ownself start a blog or something

your this thread, only yourself posting LOL

trading could be very boring.
most of the time have to talk to one own self.

well. anyone can post in whatever threads they want.

 

[ValueInvestor]

up to u, I just suggesting nia LOL

 

[Perisher]

maybe u should ownself start a blog or something

your this thread, only yourself posting LOL

Actually I like this thread. Free of noise.
I think most people don't understand some of the terms used here, including me, so we can only watch.

 

[tarui04]

trading could be very boring.
most of the time have to talk to one own self.

well. anyone can post in whatever threads they want.

this is so very true.

 

[maxinger]

Actually I like this thread. Free of noise.
I think most people don't understand some of the terms used here, including me, so we can only watch.

actually most of the terms I used are rather standard.
however, I might use some own terms.
eg if market is not going to move, I might say market is going to sleep.


Anyway people can ask me questions.

 

[maxinger]

look at stoxx50. futures market opens for 45 minutes already.
but range is sooo small only 0.15%.
those people really sleeping.

now look at STOXX day chart.
since 21 Jul, price started to go down.
these people have bearish view.

and since 28 Jul, price started to go up.
these people have bullish view.

what happened now? market is dead becos bulls and bears are in conflict.

 

[maxinger]

European market

something happening in dax / stoxx50 futures.

it is not moving.
day range has shrinked.

to consider selling call option @ 3725 strike price with protection.
obviously we can continue with the usual outright trading when price is going down.

 

[maxinger]

forex plan for next week

USDJPY
waiting for long signal

AUDUSD
downtrend but next signal might be risky


EURUSD and GBPUSD
not worth risky my life trading

 

[maxinger]

something happening in dax / stoxx50 futures.

it is not moving.
day range has shrinked.

to consider selling call option @ 3725 strike price with protection.
obviously we can continue with the usual outright trading when price is going down.

seems like bear flag formation.
further during Euro time, price hardly moved.
moved only during US time.

 

[Albedo]

maxinger, can ask u something?

for selling options, do you do it when the IV is very low, maybe like <10% or <20% compared to the past 6 months or one year?

 

[maxinger]

maxinger, can ask u something?

for selling options, do you do it when the IV is very low, maybe like <10% or <20% compared to the past 6 months or one year?

when I talk about selling options, I am taking advantage that option will expire worthless soon.
and I am expecting price (of futures, of stocks ) not to trend anymore.

if I sell option, I want IV to be high. if too low, not worth selling option.

becos I hedge with vertical spread, I am not concern about IV.

remember different people trade options differently.
some check many mathematical things like theta gamma delta neutral ... things.
for this strategy, i don't even check IV graph.

 

[Albedo]

when I talk about selling options, I am taking advantage that option will expire worthless soon.
and I am expecting price (of futures, of stocks ) not to trend anymore.

if I sell option, I want IV to be high. if too low, not worth selling option.

becos I hedge with vertical spread, I am not concern about IV.

remember different people trade options differently.
some check many mathematical things like theta gamma delta neutral ... things.
for this strategy, i don't even check IV graph.

Do you mean u do credit spreads like Bull put and Bear Calls?