Copper Evening Trading

Discussion in 'Metal Futures' started by FroggerMan, Jan 20, 2011.

  1. I trade mostly Agg and Interest Rate Futures in the Evening. I've looked at copper a little bit and noticed large price swings / higher volume starting at 8:00PM EST.

    Is this due to a market opening in Asia that I am unaware of?

    Any input would be greatly appreciated.
    Thanks
     
  2. bone

    bone ET Sponsor

    Australian market open - big natural resources trade. The Aussie rates, equity indices, and the Australian Dollar are all very tightly correlated to the metals - especially HG.

    About 12:30 am Central, you have the London open and the LME order flows really jack the Copper even more than the Australian open.
     
  3. ah that is a good thread, i know that i can learn here. Well, i guess i will try to suggest to others to trade in the evening with a specific trading. I also heard this issue with my friend.