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I have noticed on the SC website that they are essentially "canning" - not recommending CQG datafeed anymore and have "had enough" as they say.....but from my daily observations with that platform & CQG feed trading the Hang Seng - I've had no issues other than occasionally the "afternoon" session data feed does not populate my chart correctly.....otherwise rock-solid connection...then again I'm on 2ms ping and 102mbps DL fiber connection..
So I reached out to AMP (Brian) and they confirmed $4,000 is correct for HSI even though MHI is only $500 and the point value difference multiplier is 5x.
Amp said they set intraday margins with regard not just to points value multiplier but also volume. Interesting as I don't think I have seen any other example in a similar situation with AMP's margins where the margins between micro/minis are not exactly reflecting the points value multiplier.
Anyway it is what it is.
Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Hi there amoeba, do you trade the SPI ? I've been playing around with it for years on a cfd platform. I don't trust the bucket shop platforms enough to take it seriously though on top of my own inner demons. LOL
I recently setup a IB account and I'm contemplating subscribing to the ASX24(SNFE)to see how the aussie instruments behave and whether or not they are trade able according to my unsophisticated methodology.
Like to here your thoughts on the matter as I haven't really chatted to anybody about it before.
I do place some trades on the SPI, but like you only on the IB CFD. With my style of trading I can only really see one good opportunity on the SPI per a day, usually in the first hour.
With the overheads of CFD's, I try to pick trades that can be held for most of the day, rather than scalps.
The actual SPI futures has good tick to commission value, but I dont focus enough on it to justify the extra risk.
Hi amoeba, thanx for replying. Nice big drop on the SPI today and still going down I think. I was looking at IBAU200 CFD this morning and the chart looked out of wack in comparison to the CMC CFD platform I usually look at.
I have tried just about every technical thing that exists out there in the past 10 years but the only thing that makes sense to me for sustained profitability is to go with the flow on an intra day basis. So trend following momentum is my thing. Hardest part for me would be actually sitting in front of the terminal for long periods of time watching and the emotional stuff in the background makes it hard to pull triggers and or manage a trade correctly some of the time I guess.
You never stop learning about yourself and the markets in this game...
@josh - just posting the Kospi discussion here so Godzilla's journal doesn't get spammed.
To me - The Kospi feels much more fluid then the Nikkei, none of those sweeps or those long 2-3 tick consolidations, rotates around much better than the one directional grind that the Nikkei sometimes produces. (although Nikkei looks nice in this volatility, but that will pass)
I only put single contracts on the mini-kospi, so do not have liquidity issues, market orders can find slippage, it doesn't affect my trade style, but I wouldn't want to scalp the mini.
My plan for more active trading this year had to take the sideline as business needs took over, so I mostly just put some alerts at key areas and place a single mini which gets held for most of the day. I'm only using IB data so no highly accurate tick data.
Hopefully I will be joining in on the HSI/MSI trading group discussion later this year as was my plan in Jan.
Hi guys, first of thanks so much for creating this thread as I live in Asia and I've been looking at HSI but as a novice its so hard to find information on these markets compared to US or EUR. Currently I'm using Jigsaw Daytradr for execution and SC for charting and analysis.
Some of you seem to be using SC and I was hoping to watch some market replays with market depth on the Trading DOM of previous sessions. Do you know if this is possible through SC and what set up would I need?
It sure is. I see from your profile that your broker is AMP which is perfect. You just need to ask for the CQG datafeed as that is the only one providing access to the HKFE I believe. SC software is more than capable of doing market replays that include full depth on the Trading DOM. I don't know how many levels of depth the CQG feed provides for the HKFE as I don't use depth in my trading.
Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
