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International markets traders banter

Whats that strategy called, "Get Lucky Arb"?
 

I'm squared as of Friday last week. I already ate my losses of converting JPY profits into AUD
 
Ok gents I've had the market on a string this month.

I was going for a gold stamp for worlds most consistent daytrader but this was my morning,



Looks like a great way to finish EOFY.

But now I'm back......



Where is my stamp?
 
Well done! Excellent work, take the rest if the day off!:bier:
 

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They must love you!

How did you get so far down in the morning?
Did you do more trades on the way down or up?
 
They must love you!

How did you get so far down in the morning?
Did you do more trades on the way down or up?

Its the benefit of trading prop. You end up like a violent wife beater. Don't like the market price you are getting??? Hit her harder....... :badass:
 
Its the benefit of trading prop. You end up like a violent wife beater. Don't like the market price you are getting??? Hit her harder....... :badass:


I suspect it may have been your "Shane Warn Trade" TH
 

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Japan market possible entry at top of range - 13750



If the level holds there could be the opportunity for a move as far as 12450 - likely target 12900.
If it breaks out of this range, it could be quite a strong move up towards 14600.

Anyone trading the Nikkei ?

I have opened a short with a tight stop at the outside of the range.
 

Yup, watching for a bull trap here...
 
Yup, watching for a bull trap here...

I was initially thinking fade any jump but the more I look at it the more I'm thinking an upside is more likely. A couple of very high volume bars which might snap the elastic and cause some shorts to cover. Not a trade I'd take but it might be there.



Edit:

might of just popped a little now, interesting to see how it plays out
 
Yeah, the NK broke out, see what happens into the cash close...
 
Only marginally related to discussion, but you should be looking at Nikkei on SGX. It does way more value than globex, marginally less than Osaka (but more volume), tick are 5pts compared to 10pts on N225, (8pts on IG Mkts)
 
Only marginally related to discussion, but you should be looking at Nikkei on SGX. It does way more value than globex, marginally less than Osaka (but more volume), tick are 5pts compared to 10pts on N225, (8pts on IG Mkts)


tx sky, i dont trade the NK, just keep it there for when I'm having a look at whats going on in the world scene. globex is 5 pts/ a tick as well but I hear what you are saying about SGX having the superior contract.

Just as a follow up - likely failed break out.

 
Volatility rise anyone? Good old fashion stop sweep...... Just like in the old days pre bots



My head is about to explod!
 
TH or anyone else, are there any articles or books you can recommend on how bots have/have not changed the markets?
 
TH or anyone else, are there any articles or books you can recommend on how bots have/have not changed the markets?

Would be a waste of time. unless you are scrubbing for ticks its not going to effect you.
 
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