The volume is garbage and the spread ridiculous. No momentum at all so it flips on you with zero warning. Feels like a bagholder/loser's game. Thoughts?
there are quite a few futures which are highly tradable outside RTH. eg NQ, Natural gas, Nikkei.... at times, even soya futures could be traded outside RTH. volume is very decent, and spread is very good. I trade these everyday during and outside RTH. The experts normally say don't trade these outside RTH.
Live intra-day trading is a losing game for the majority, even within RTH, so outside those times is just making a hard game harder. Holding long-term positions is fine as long as stops aren't silly narrow. But running positions and pending orders on forex across the start of the week's trading in Asia is asking for trouble from opening gaps.
Maybe I should've clarified, I'm talking stocks. I understand futures and fx have a different trading "schedule" per se
Maybe this will help, overnight futures often move away from the closing price substantially and as time gets nearer toward the next day's open, the futures most often will track back toward where it was on the previous day's close. If you think there is anything valid in trading outside RTH, this would be it.