“Has the Hang Seng opened yet!”
The Hang Seng “Force Volatility Algorithm” is now available over in the right
hand column under “Download Links” … 14 pages in Adobe PDF … clicking
the link takes you to my shared file folder at box.com, and either view online
or download to your PC … and for you “Newbies” to the website, no tricks or
gimmicks to either download or read it online … it’s simply waiting for you.
Directly below, the 20 Day MA range values for the upcoming week, including
the Hang Seng below the others. Nothing in the first 5 can even come close.
Quite frankly, if I had known months ago the spread was this tight in the Hang
Seng CFD, at Turnkey, I would have switched to this market in a heartbeat a
long time ago … the problem through the ages with both of the available CFD’s
in the FTSE MIB40 (Italy) & the Hang Seng Index, has always been an
outrageous spread nobody in their right mind would even consider trading. As
I outline in the Hang Seng manual, it’s not unusual to see 20 point spreads in
both being offered to retail spec accounts … which is simply unbelievable
anybody would trade either of them. Both are at the very top of intraday
volatility … there simply aren’t any other markets that come close to these two
… “both make crude oil look like corn spreads”!
Turnkey’s spread for both the “daytime session” & the “nighttime session” is
right at 2-3 points … and when things get crazy, they don’t jump around, but
stay in this tight range … currently averaging just a hair below 500 points per
day for a 20 Day MA range, this is the place to be not only cuz of the best
spread in the world by a factor of over 100%, from its nearest competitor, but
also cuz of the short trading hours … the “daytime session” lasts only
6 hours 15 minutes, and that is split into 2 parts; the morning part from
9:15 P.M. EST to Midnight EST.; then Lunch from Midnight EST to
1 A.M. EST, where the CFD is open, but the futures are closed and spreads
could be much higher; then the afternoon part from 1 A.M. EST. to 4:30 A.M.
EST, when the “daytime session” closes. Most of the time, more than 90% of
the day’s range is gonna come from the “daytime session” … “hell, this is like
the old grain pits at the CBOT, where you had a short time and a lot of action
… far different than the 24/5 bullshit in most markets, where you sit around and
wait for “chop” to end and something to happen … that ain’t gonna happen in
the Hang Seng”!
As I said in Friday’s blog post, I was up trading the “daytime session” in
H33HKD, in my personal account, and no problems with slippage from
scumbag LP’s, where the volatility in this market is 3X-5X higher on average
than the DAX30 … only in the DAX30 did I get jerked around and “shot in the
head” on fills which were pure bullshit … nothing but 7-11 thievery, pure and
simple. “So why didn’t that happen in the H33HKD”? Good question, and I’ll
tell you why IMHO; “No Deutsche Bank, no Barclays, no JPM, no GS, no
Citibank as LP’s” … in other words, the crooks & thieves in Europe & the U.S.
aren’t the ones making the H33HKD market … it’s the Pacific Rim banks, and
for my book, they’re a helluva lot more fair than the scumbags in the U.S. &
Europe.
Quite frankly, I don’t see any problems popping up here … the spread & RT
commission is the best available anywhere, and remains stable throughout a
crazy day … I don’t think slippage is a problem, cuz if it was gonna be a
problem, I would have encountered it Friday morning, and I didn’t … So,
what’s not to like? And while some might think I’m being rather “flip” about it,
I can assure you I’m not … I am sick & tired of getting fucked by LP’s with
horseshit slippage, spreads that blow up [“hello crude oil, WTF happened to
3 cent spreads like you promised? … yea, more bullshit lip service”!], and
mystery tick tops & bottoms you never see on the order box until after they’re
over … throw in the usual “stop hunt” rape attacks and LP’s that shut their
feeds down cuz they don’t want to trade with you at a top and/or bottom, and
you got nightmare trading … I’m sick of this shit, cuz it’s “skewing” my
performance lower, when it should be going higher. “And besides, simply from a
logic perspective, how can the H33HKD be any worse than the other markets,
AND the range is very significantly higher in scope, which is to our advantage in
a shorter time frame of trading … I don’t see any downside, only upside, and
that’s why I’m making the switch”!
The H33HKD is one of Turnkey’s most popularly traded CFD’s, and it’s not
hard to see why … hell, anybody on that side of the world would be nuts NOT
to trade it; who needs the European & U.S. manipulated CFD’s & futures? Of
course, we all know China manipulates the hell out of its markets, but China
markets outside of the H33HKD aren’t available to foreign investors … and for
the most part, China leaves Hong Kong alone … with the algorithm, this is an
excellent market to trade, and to “poo poo” it, simply cuz it’s in Hong Kong, I
would remind people we’re all here to make money, and quite frankly I could
care less the “what, where, when” to the market … you won’t find a better
market, and we will do VERY well here!
PAMM spreadsheet directly below.
Have a great rest of your weekend everybody!!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!
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