NexusFi: Find Your Edge


Home Menu

 





EC trading the overnight session


Discussion in Currencies

Updated
    1. trending_up 4,535 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

EC trading the overnight session

  #1 (permalink)
 
dgresens's Avatar
 dgresens 
Lake Oconee GA
 
Experience: Intermediate
Platform: NT8
Broker: APEX Trader Funding & NinjaTrader
Trading: Indices, Currencies, Energy, Metals
Posts: 31 since Dec 2010
Thanks Given: 11
Thanks Received: 24

Wondering anyone has any experience trading the euro (EC futures contract) overnight. If so is the trading automated? What are the risks or pitfalls of this kind of trading?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Request for MACD with option to use different MAs for fa …
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
Battlestations: Show us your trading desks!
48 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks

  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102



dgresens View Post
Wondering anyone has any experience trading the euro (EC futures contract) overnight. If so is the trading automated? What are the risks or pitfalls of this kind of trading?

I think there are two different questions that have little to do with each other.

(1) The euro futures contract (6E) is certainly liquid enough to trade it overnight. Volatility is lower during the Asian session, and higher during the European session. So unless you are not trying to scalp it during the Asian session it will work fine. The are also some particular trades, such as the Asian Box trade - trading the breakout from the Asian session.

(2) Automated trading is quite demanding. You need a server, a backup server, the two should mutually control each other, unless you want to watch them all the time. You need a reliable software that can reset itself after failure. You need a boxed trading system that has been backtested to generate profits, etc. This is not the easiest task to start with.

Reply With Quote





Last Updated on January 18, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts