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Old Jan 26th, 2007, 05:31 PM   #1
nellspot
 
 
Join Date: Nov 2004
Posts: 46
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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Old Jan 28th, 2007, 09:33 PM   #2
nazzdack
 
 
Join Date: Jul 2004
Posts: 8,953
The "optimal hours" are defined by the New York pit-----8:30am to 1:30pm EST.
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Old Jan 28th, 2007, 10:02 PM   #3
BoyPlunger
 
 
Join Date: Jan 2004
Posts: 165
busiest is 7:20 to 12:30 central
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Old Jan 29th, 2007, 06:00 AM   #4
SethArb
 
 
Join Date: Jan 2002
Posts: 5,939
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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Old Jan 29th, 2007, 04:40 PM   #5
nellspot
 
 
Join Date: Nov 2004
Posts: 46
Quote:
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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Old Jan 29th, 2007, 05:45 PM   #6
NihabaAshi
 
 
Join Date: Jan 2002
Posts: 3,973
Quote:
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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