Do you trade E-minis 24 hours or RTH only?

Discussion in 'Index Futures' started by wskeal, Aug 26, 2010.

  1. cosmic

    cosmic

    very conservatively and lower size out of RTH, I do like to take an early peek into the day around 6:30 - 7 EST in the morning as normally vol is quite good for some scalps then.
     
    #11     Aug 27, 2010
  2. i'm on the west coast of Canada and the trading hours question is also applicable
    to the eurusd/6E that i trade
    on Thursday i created the attached ES 60min chart that i've yet to analyze, and also
    the 6E - not attached to see what hours may offer the best trading price range

    i've generally traded afternoon, night till about 3am PST but thinking to - groan -
    change to an early start - really, REALLY early start

    the chart displays about 19 trading days data starting Aug 9 ?
    blue vertical line marks 6am PST , my potential start time; note that i'd likely be
    'ready' - ie at the computer after ablutions, news reading, chart update analysis
    etc by 5am PST , since most US economic reports are released at 5:30am PST
    pale grey vertical line is the rth closure, red vertical line is 10pm PST which i could
    trade to before getting some sleep

    don't know about the ES but the west coast Sunday fx opening - 2pm PST can be -
    but not always a very profitable 'day'. regarding Sunday as a separate trading day
    means there's 26 trading days in the month
     
    #12     Aug 27, 2010
  3. Many bargain hunters a/h who waste your time and sleep.
     
    #13     Aug 28, 2010
  4. here's the eurusd/6E chart if you'd like to see the difference -
    same hours and vertical lines
    pip/tick value of the 6E is the same as the ES, same daily margin
    the daily HL range of the eurusd/6E during June was 146 pip/ticks, didn't calculate
    the ES range and i haven't done an average of the rth range which might be worth
    doing to see whether the 6E or ES has a greater profit potential, tho think that's a
    bit relative day-to-day
    major difference is the 6E volume is about 10-15% of the ES daily volume
     
    #14     Aug 28, 2010
  5. plyka

    plyka

    That's the problem, the trading is never good afterhours. Such a blanket statement is obviously an overstatement, but i think it very closely resembles the truth. Most "traders" lose money anyway, but for successful traders, I don't see how it is possible to continuously make good money in the after hours markets. There just isn't much volatility, and volatility is a necessary component to making money via trading.
     
    #15     Sep 3, 2010
  6. johnjax

    johnjax

    Being employed, I trade between 3 and 5am Eastern. Volume on the ES picks up at 3 am which coincides with the open of the European Markets.
     
    #16     Dec 27, 2011
  7. hitnrun

    hitnrun

    their are some good moves after the regular trading hrs close

    the european open session offers good trading opportunities

    good volume & ranges if you don't mind trading in the middle of the night
     
    #17     Dec 27, 2011
  8. I agree, I find good setups with very good moves with less program manipulated trading on both the ES and euro futures during euro session ( 3am-6am..NY time) Patience is key...
     
    #18     Dec 27, 2011

  9. You can't burn the candle at both ends. Stick w/ RTH.
     
    #19     Dec 27, 2011
  10. To the people who say that you need volatility to make money, could you change your posistion size to account for an increase or decrease in volatility? IMO you are doing it wrong if you think you need volatile markets to make money.
     
    #20     Dec 27, 2011