Why does ES pop end of day RTH - futures io
futures io futures trading



Why does ES pop end of day RTH


Discussion in Emini and Emicro Index

Updated by TraderSU
      Top Posters
    1. looks_one GridKing with 2 posts (4 thanks)
    2. looks_two Rad4633 with 2 posts (2 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 wrbtrader with 1 posts (0 thanks)
    1. trending_up 2,728 views
    2. thumb_up 7 thanks given
    3. group 4 followers
    1. forum 7 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Why does ES pop end of day RTH

(login for full post details)
  #1 (permalink)
Greensboro NC
 
Experience: None
Platform: TOS/ NT Dorman
Trading: ES TF CL
 
Rad4633's Avatar
 
Posts: 1,352 since Sep 2011
Thanks: 2,651 given, 891 received

Why does ES pop end of day RTH, bond traders hedging??? I understand if its a good long or short entry as well, just wondering what the masses thought

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Rad4633 for this post:

Can you help answer these questions
from other members on futures io?
Stacked Imbalances.
Sierra Chart
GBP/ARS Pair
Traders Hideout
EQIX - Digital REITs - any experiences?
Stocks and ETFs
help to convert from thinkscript to ninjascript
NinjaTrader
Help finding a web based chart with tick charts and publishing of ideas
Platforms and Indicators
 
 
(login for full post details)
  #3 (permalink)
San Diego, CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
 
GridKing's Avatar
 
Posts: 3,650 since May 2011
Thanks: 584 given, 880 received


daytraders closing books, rules for corporations and banks in last 30 minutes of day, positions opened for next day and swing trades , futures traders who don't or can't hold overnight

different pits closing for the day as you mentioned bonds , commodities etc... different times

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to GridKing for this post:
 
(login for full post details)
  #4 (permalink)
Greensboro NC
 
Experience: None
Platform: TOS/ NT Dorman
Trading: ES TF CL
 
Rad4633's Avatar
 
Posts: 1,352 since Sep 2011
Thanks: 2,651 given, 891 received


GridKing View Post
daytraders closing books, rules for corporations and banks in last 30 minutes of day, positions opened for next day and swing trades , futures traders who don't or can't hold overnight

different pits closing for the day as you mentioned bonds , commodities etc... different times

Thanks Grid for the info, but the way and speed at which it moves, I wouldnt consider day traders(retail) accounting for this type of move because of the volume, or could they? and most moves sometimes happen after 4pm EST

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Rad4633 for this post:
 
(login for full post details)
  #5 (permalink)
Legendary Market Wizard
Portland, OR
 
Experience: None
 
Massive l's Avatar
 
Posts: 1,905 since Mar 2011
Thanks: 1,514 given, 3,676 received

nevermind

Reply With Quote
 
(login for full post details)
  #6 (permalink)
San Diego, CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
 
GridKing's Avatar
 
Posts: 3,650 since May 2011
Thanks: 584 given, 880 received


Rad4633 View Post
Thanks Grid for the info, but the way and speed at which it moves, I wouldnt consider day traders(retail) accounting for this type of move because of the volume, or could they? and most moves sometimes happen after 4pm EST


The indexes close at 4pm and futures at 4:15 et , there is a lot of reshuffling , orders still being processed , professional traders at banks and prop desks closing positions , readjustments of etfs , lot's of stuff going on and still going while closes for the break from 4:15 to 4:30

banks and corporations as I understand it are not allowed to buy their own stock to hold it up anymore in that last 30 minutes and there is probably some advantage being taken there on down days or reality sets in .... but there is a lot going on , not everything closes at same moment either , same with the open it takes a bit for everything to open up and adjustments are being made real time to incorporate that , I am sure there are many reasons

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to GridKing for this post:
 
(login for full post details)
  #7 (permalink)
South France, Chicago U.S.A, Quebec Canada
 
Experience: Advanced
Platform: X-Trader, InfinityAT, Sax
Trading: Emini ES, Emini RTY (TF), Crude CL, Eurex DAX, EuroFX 6E, Forex EurUsd and Hang Seng HSI
 
wrbtrader's Avatar
 
Posts: 47 since Mar 2011
Thanks: 120 given, 61 received


Rad4633 View Post
Why does ES pop end of day RTH, bond traders hedging??? I understand if its a good long or short entry as well, just wondering what the masses thought

Hi,

Prior to the 2008 global financial crisis (still continuing)...the last 45 minutes of the regular session trading hours (3:15pm - 4:00pm est) had consistently good volatility...type of volatility that produce trade opportunities without lots of chop and other types of price noise that cause us headaches while trading.

Yet, now amongst the financial crisis, most of the key market events involving such usually occurs in the overnight trading session and sometimes overlapping into the first hour or so of the regular trading session. Simply, by the time the last 45 minutes arrives...there's "usually" not good volatility. Yet, if you wait patiently (don't get itchy fingers)...there's a few trading days here and there that will produce good volatility in the last 45 minutes of trading the regular trading session (3:15pm - 4:00pm est).

Therefore, if the volatility or volume isn't there in that particular trading period...stay on the sidelines unless you're using a strategy that performs well in low volatility/low volume trading conditions.

In contrast, if you're talking about the 4:00pm - 4:15pm est trading period...the answers by others are good explanation.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #8 (permalink)
New York
 
Experience: Intermediate
Platform: NinjaTrader, Custom Platform
Broker: IB
Trading: ES, YM, Currency Futures
 
Posts: 79 since May 2010
Thanks: 46 given, 75 received


Rad4633 View Post
Why does ES pop end of day RTH, bond traders hedging??? I understand if its a good long or short entry as well, just wondering what the masses thought

I read a relevant blog post @ World of Finance.: What Do You Think?

The market knows exactly when to screw the most longs and when to kill and bury the most shorts. It will possibly do the exact opposite what most people agree on.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to TraderSU for this post:


futures io Trading Community Traders Hideout Emini and Emicro Index > Why does ES pop end of day RTH


July 13, 2012


Upcoming Webinars and Events
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts