Tag Archives: News

Scalping ES During AH

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I have been doing some experiment on scalping ES at night. The result has been great. All winners no loser. Most of time, ES does not move a lot. I guess it could move big if there’s news from other part of world where it’s daytime. I plan to write a program to automate the scalping.

EBAY: Target 56 and Stop raised from 50 to 52 since it moved in my favor (half point above break even point).

ETFs

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I did some research on ETFs for fixed income and market exposure in China at ETFConnect. Here’s the list:

  • TFT – ETF Advisor Trust Treasury 1 Fixed Income Trust Receipts: it can be used as cash equivalent, and currently yields about 1.26%. Edit: I found out today that TFT was closed for liquidation at AMEXTrader.
  • GCH – Greater China Fund, Inc: Other 6.10%, China 24.60%, Taiwan 30.70% (% for COUNTRY DIVERSIFICATION)
  • CHN – China Fund: China
    5.40%,

    United States
    7.90%,

    Taiwan
    33.90%,

    Hong Kong
    47.10% (too little exposure in China)

  • JFC – Jardine Fleming China Region Fund: China
    24.40%,

    Taiwan
    26.30%,

    Hong Kong
    49.10%

  • TCH – Templeton China World Fund: Taiwan
    7.70%,

    Hong Kong
    34.70%,

    China
    40.30%

    • The market moved higher in the morning then gave up most of gains and ended slightly higher. Profit taking maybe …

    A lot of selling on MSFT pushed price to drop 0.38 in volume of almost 100 million shares.