Thank you SE How many points would you expect to see in an intraday morning session leg on reasonable volume? 2-3 pts 3-5 pts etc etc
Actually, transaction costs have doubled in NQ since its tick value shifted from $10 to $5. If you want to reproduce the same type of value per tick as before, you now have to open 2 contracts on NQ, which doubles up your transaction costs. ES is cheaper in that respect.
Just been cruising over the NQ ... frisky little devil, seems to love volatility expansion. Quite different to ES. I will bait a little trap for the bugger tomorrow and see what happens.
Through last Friday, the average range so far in 2007 during RTH for the ES is about 11. That times 50$ is 550$. Corresponding numbers for the NQ are 25.5 and (x 20$) 510$. That ratio (550/510) is about 1.08. The ratio was 1.37 in 2005, but nothing approaching 2.0. I guess I am suggesting the "value per tick" is not the key, but the "dollar range" is more important. Thus, you may be able to trade very near the same number of contracts as the ES if you choose the NQ. JB
johnbob....here u r....with the smart mouth about the old folks home..i f u will drop by the home i will show u the 95% system ....not. Your disrespectful remarks were very out of line....just another wannabe lurker looking for free stuff.......
============ Good points so to speak; hi to low point weekly about the same ,ES about 25 NQ =45[this week] Like the tick sze on NQ; but am used to the trends in ES, so trade ES, out end of day