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nellspot
 

Registered: Nov 2004
Posts: 46

 

01-26-07 10:31 PM

Im not sure I completely understand the way the Gold contract works. Im talking about the 100oz cBOT specifcially.

It seems like the volume ramps up well before the open of the US stock markets. Is this true? If so, when is the best time to begin trading Gold.

Thanks!
D

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nazzdack
 

Registered: Jul 2004
Posts: 8405

 

01-29-07 02:33 AM

The "optimal hours" are defined by the New York pit-----8:30am to 1:30pm EST.

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BoyPlunger
 

Registered: Jan 2004
Posts: 163

 

01-29-07 03:02 AM

busiest is 7:20 to 12:30 central

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SethArb
 

Registered: Jan 2002
Posts: 5939

 

01-29-07 11:00 AM

the best times are when you are most comfortable trading gold

( or any financial instrument )

for example ... I sometimes do not trade so well

when the markets are spiking up or down like crazy
intraday ... as it is harder for me to scalp or arb
in my usual style

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nellspot
 

Registered: Nov 2004
Posts: 46

 

01-29-07 09:40 PM


Quote from BoyPlunger:

busiest is 7:20 to 12:30 central



Thanks. Exactly what I was looking for.

Can you comment on busiest times for crude oil and nat gas?

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NihabaAshi
 

Registered: Jan 2002
Posts: 3973

 

01-29-07 10:45 PM


Quote from nellspot:

Thanks. Exactly what I was looking for.

Can you comment on busiest times for crude oil and nat gas?



You can just open up your charts and look at the volume or volatilyt levels to tell you when most of the activity is occurring.

Sounds like you don't have access to Gold nor Crude charts.

A golden rule with most futures instruments is that the most active (busiest if you want to call it) is the first 1.5 - 2 hours after their regular open hours.

However, on trading days where there's key market events related to a particular trading instrument...

Those time durations (whenever the event occurred) can be the most active and volatile in comparison to the entire trading day.

These key market events usually produces very fast moving trading conditions and is not suitable for trading if your a beginner trader or new to a particular trading instrument.

Mark

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