Discussion in 'Trading' started by proptrader11, Aug 7, 2010.
Interested to know what is the 1st market indicator you look at premarket?
I trade the Russell 2000 Emini TF futures. The first market information I check is the price action of Eurex DAX, Euronext FTSE100 and CAC40. It's not the most important thing I look at but it is usually the first key information I look at prior to me starting to trade the Emini TF.
Next, although still not the most important, I look at how the Emini TF behaved (reacted) to any key market events prior to 0930am est to help determine my key changes in supply/demand areas for the first few hours of the trading day.
"what is the 1st market indicator you look at premarket":
If its erect, the market will go up with 85% probability.
If its flacid, then we have a 95% probability of a down day.
/es and aud/usd
Not cool. You can influence the market action with viagra.
That gives you a heads up to place trades ahead of the market. Not cool.
The E-mini S&P 500 futures.
Separate names with a comma.