Opening Range time...

Discussion in 'Technical Analysis' started by zz, Jan 26, 2007.

  1. zz


    What time do you guys use as the open time for the YM when figuring out the first hour IB...I know it trades alomost around the clock, and the pit opens at 7:20am chicago, but it really dosent start to trade until the e-minis open at 8:30....
  2. IB? The "initial balance"? For market profile purposes, use 8:30am to 9:00am CST for each of the US indices.
  3. omniscient

    omniscient Guest

    most people use the first 60min or first two full 30min brackets of RTH trading. for the ES that is 9:30 - 10:30 Eastern. i don't trade the YM, but it seems like it opens for RTH at 9:15 eastern. so you may want to go with an IB of 9:15 - 10:15 or 10:30.