Well i dont know if this post should be in futures but couse i refer all futures markets im posting this here. The point is i would like to know what is the influence of an e-mini on a normal futures markets. FOr instance, if i wanna trade e-minisp, should i look to sp500 to have a reference of where buyers are? And how about mini euro? Wich market moves the other?
well i think i will forget trade mini euros wich have move now 40 ticks down and 100 up in the same second and then 120 down.. lol
Big SP markets are pit based, not all electronic like the ES. Follow the ES. You get more clarity and more transactions.
The ES has supplanted the big, pit contract. ES trades 10-20X the $ volume of the pit, which has become a virtual anachronism. I'm surprised it's still around at all.
when they invented globex and ib came on the scene, that was the first time any ordinary trader all across America could trade ES on their desktop in their pajamas with a slow dial up and compete against an SP pit trader, when you consider costs of living expenses and commute and parking in Chicago.