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Osaka Nikkei 225 mini index futures


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Osaka Nikkei 225 mini index futures

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  #101 (permalink)
 Yuri57 
Budapest, Hungary
 
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Japhro View Post
daily chart of Nikkei index vs USD/JPY, see that it correlates strongly to the USD side, and anything that happens to the dollar tends to get reflected in Nikkei price. There are short periods where dollar is not dominant in Nikkei and it roughly follows what other major indices are doing, but generally is you follow the dollar you can trade the Nikkei.


Are you sure it's not the other way around?

Dax dragging Nikkei, Nikkei dragging USDJPY.

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  #102 (permalink)
 fiftyeight 
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With a few different Niikei 225 contracts what do you watch to get a good gauge on on order flow?

Watch the big Osaka contract and execute through the mini?

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  #103 (permalink)
mangolassi
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fiftyeight View Post
With a few different Niikei 225 contracts what do you watch to get a good gauge on on order flow?

Watch the big Osaka contract and execute through the mini?


You only need to look at the mini. It has the highest institutional liquidity.

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  #104 (permalink)
 Jaba 
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Do you guys know how to setup this in NT for AMP/CQG? Here's what I have so far:

Master Instrument: MJNK
Tick Size: 5
Session Template: ???
Exchanges: ??? (ose?)
Misc/SymbolMap/CQG: MJNK

I understand there's no historical backfill, just RT. Thanks for your help.
JB

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  #105 (permalink)
 traderwerks 
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Jaba View Post

Master Instrument: MJNK
Tick Size: 5
Session Template: ???
Exchanges: ??? (ose?)
Misc/SymbolMap/CQG: MJNK

I understand there's no historical backfill, just RT. Thanks for your help.
JB

The symbol is JNM in NinjaTrader. if you edit the symbol, you will see under symbol map that it maps to MJNK for CQG

Math. A gateway drug to reality.
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  #106 (permalink)
 Jaba 
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traderwerks View Post
The symbol is JNM in NinjaTrader. if you edit the symbol, you will see under symbol map that it maps to MJNK for CQG

Thanks for the info, but I don't see JNM in NT here. I use version 7.0.1000.31. Would you be so kind and provide the details how it is setup on your rig? Thanks in advance.

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  #107 (permalink)
 casey44 
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@Jaba, I was curious about this instrument and fwiw, I've same NT version and it is at least listed in the Instrument Manager even though I don't have a feed for it apparently, maybe check with NT support why it's not there.

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  #108 (permalink)
 adam777 
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Yuri57 View Post
Are you sure it's not the other way around?

Dax dragging Nikkei, Nikkei dragging USDJPY.


Hi Yuri

Are you saying movements in USDJPY is a good leading indicator for movements in the mini Nikkei 225?

I'm looking for more info on correlations.

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  #109 (permalink)
emptymind
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Long at 17:40 PT 3 contracts. 16400. Stop 4 ticks.

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  #110 (permalink)
 traderwerks 
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emptymind View Post
Long at 17:40 PT 3 contracts. 16400. Stop 4 ticks.

Good call, the market was above 16400 nearly the whole day, until the close when we hit 16365.

Where did you get out ? You gave a stop, but not a profit target.

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  #111 (permalink)
thetamax8
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I was wondering how there can be partial ticks in the N225M.

I noticed prices sometimes do not print at the whole numbers (5 point increments) when I'm looking at the time and sales in IB.

Anyone know how this can occur?

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  #112 (permalink)
 traderwerks 
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Do you have a screenshot ? I have never seen that on time and sales before.


thetamax8 View Post
I was wondering how there can be partial ticks in the N225M.

I noticed prices sometimes do not print at the whole numbers (5 point increments) when I'm looking at the time and sales in IB.

Anyone know how this can occur?


Math. A gateway drug to reality.
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  #113 (permalink)
thetamax8
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I think they may be aggregating trades and showing the average price...which is strange...

but here's a screenshot...


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  #114 (permalink)
 traderwerks 
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Never seen that before. That price would have been below the bid, so probably negotiated.

It is not tradable by retail anyway.



thetamax8 View Post
I think they may be aggregating trades and showing the average price...which is strange...

but here's a screenshot...



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  #115 (permalink)
mangolassi
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traderwerks View Post
Never seen that before. That price would have been below the bid, so probably negotiated.

It is not tradable by retail anyway.



Does this have anything to do with J-Net? I know nothing about it, but this link is useful:

J-NET Trading | Japan Exchange Group

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  #116 (permalink)
 traderwerks 
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mangolassi View Post
Does this have anything to do with J-Net? I know nothing about it, but this link is useful:

J-NET Trading | Japan Exchange Group



If you just started seeing the prices recently, it could be because of some integration that has been happening recently where TOCOM, J-GATE and NASDAQ are tied together.

Tokyo Commodity Exchange (TOCOM) Goes Live on Nasdaq Trading Technology

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  #117 (permalink)
emptymind
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emptymind View Post
Long at 17:40 PT 3 contracts. 16400. Stop 4 ticks.

Took profits on all my contracts today just now.
Now I am short 2 contracts.

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  #118 (permalink)
thetamax8
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I'm liking this instrument. Decent commission to tick ratio as well (80 cents round trip commish vs. $5USD per tick).

Any suggestions on what to watch alongside N225M for correlations?

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  #119 (permalink)
mangolassi
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thetamax8 View Post
Any suggestions on what to watch alongside N225M for correlations?


I keep seeing people ask about "correlations". What do you hope to gain from this? There are many markets that are correlated with each other - a huge number, in fact. This adds nothing to your trading.

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  #120 (permalink)
emptymind
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thetamax8 View Post
I'm liking this instrument. Decent commission to tick ratio as well (80 cents round trip commish vs. $5USD per tick).

Any suggestions on what to watch alongside N225M for correlations?

USD/JPY

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  #121 (permalink)
 suko 
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I would keep an eye on NKVI.

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  #122 (permalink)
 xiaosi 
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mangolassi View Post
I keep seeing people ask about "correlations". What do you hope to gain from this? There are many markets that are correlated with each other - a huge number, in fact. This adds nothing to your trading.

Correlations come and go, sometimes its what not correlated anymore that matters. Its very hard to put a precise answer together for this but its always helpful, in my experience to have a few key markets to watch whilst you trade your primary product. Here are some examples that I've found helpful:

NK - 6J

SPI - NK/HHI/HSI/6A/6J/ASX Tick

FESX - DAX/DBK/ES/CAC/FTSE/6B/6J/6A/Bund/IBIS Tick/CL

At one time when i was trading a particular DAX momentum play, i went over all the data i had on the inter-markets to see if they all went bid and the same time if it might help my success rate, the answer at that time was yes. I could watch the related DOMs after that and if they all were not going bid then i might exit or not take the trade. There's a fine line here too as latency and slippage can come into play. Also, most markets fall into greater correlation as volatility increases.

These are only my experiences, only screen time or solid research will yield useful correlations.

Cheers,



XS

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  #123 (permalink)
thetamax8
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Thank you for the responses. My apologies, I didn't mean to use the term "correlations". I was just looking to understand what other traders watch while trading N225M. As I would like to explore it and learn.

Thanks!

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  #124 (permalink)
 Zefi 
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Guys has anyone who has NT7/8 worked out how to get historical data for the product? I've been banging my head against a brick wall trying to get NT support to integrate it!

Cheers

Z


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  #125 (permalink)
 Obelixtrader 
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Zefi View Post
Guys has anyone who has NT7/8 worked out how to get historical data for the product? I've been banging my head against a brick wall trying to get NT support to integrate it!

Cheers

Z


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You need Esignal data access only service.
costs 72 USD basic fee+ 125 USD for non-US futures+2 USd for JPX(OSE)+ 10 or 15 USD for historical data=209USD+VAT. Interactivedata-esignal was aquired from ICE exchange they have increased fees for Non-US futures from 35 to 125USD. ICE EXCHANGE IS GREED

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  #126 (permalink)
 Zefi 
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Thanks for that obelixtrader.

What ridiculously high prices - I'm not looking to trade it anyway, just monitor it for correlations and premarket EU prep.

I'll stand pat for now.

Cheers

Z


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  #127 (permalink)
 jakobe 
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To contribute to the data costs for the nikkei... I pay $29/mo for the Osaka JPX data on AMP.

My RT is a bit higher then what was mentioned here. However, I have a bit smaller of an account.

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  #128 (permalink)
 fiftyeight 
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Does anyone know of an english trading room for the NKY

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  #129 (permalink)
 jakobe 
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fiftyeight View Post
Does anyone know of an english trading room for the NKY

I have looked for resources or a small chat room to speak with other nikkei US night time traders and have failed to find anything.

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  #130 (permalink)
andrin
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Jakobe,


I trade the mini nikkei 225. Do you have any success finding a small chat room for nikkei traders?

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  #131 (permalink)
 suko 
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Tons of Japanese language ones!

Might be a good reason to learn Japanese.

(just kidding)

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 jakobe 
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andrin View Post
Jakobe,


I trade the mini nikkei 225. Do you have any success finding a small chat room for nikkei traders?

I haven't had any success. I'd be willing to start something for us English speaking folk that'd be interested in chatting about the nikkei. if there is enough interest Skype might be a decent option. Or discord..

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  #133 (permalink)
 warcious 
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Zefi View Post
Guys has anyone who has NT7/8 worked out how to get historical data for the product? I've been banging my head against a brick wall trying to get NT support to integrate it!

Cheers

Z


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I have spoken to NT7 and they have a request list with everyone that would like them to add MJNK (JNM) to their list for supported Futures. I suggest everyone in this forum starts sending them requests to add the 2 Futures from Osaka exchange that have better liquidity then ES apparently.

You can use the template below:
E-mail: platformsupport@ninjatrader.com
----------------------
Dear Ninjatrader,

Please kindly add me as a requester to add mini-Nikkei (JNM) and Nikkei (N225) from Osaka exchange to your supported Futures with historical data.
As your trusted and preferred platform supporter and user I would appreciate if you made it possible for me and other to trade this instrument.
Thank you!

Sincerely,
Your Full Name
--------------------

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  #134 (permalink)
 warcious 
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cencored View Post
Great to hear AMP having added it.
Just trying to chart it but am not a fan of MC. Ideally I'd wanna chart it on NT. IS this possible through AMP/CQG?

Also does the chart look exactly like the NKD on cme? My fav platform is TOS so I could chart it there and execute on an AMP supported DOM with the OSE Nikkei, if they are identical.

I have spoken to NT7 and they have a request list with everyone that would like them to add MJNK (JNM) to their list for supported Futures. I suggest everyone in this forum starts sending them requests to add the 2 Futures from Osaka exchange that have better liquidity then ES apparently.

You can use the template below:
E-mail: platformsupport@ninjatrader.com
----------------------
Dear Ninjatrader,

Please kindly add me as a requester to add mini-Nikkei (JNM) and Nikkei (N225) from Osaka exchange to your supported Futures with historical data.
As your trusted and preferred platform supporter and user I would appreciate if you made it possible for me and other to trade this instrument.
Thank you!

Sincerely,
Your Full Name
--------------------

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  #135 (permalink)
 warcious 
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Zefi View Post
Waiting an age for this product to be historically available on NT. No news from NT yet on it.

Would any of you kind people trading off the DOM be able to upload a video segment of the open on a liquid day, tues-thurs I'm assuming are the better ones.

That would be amazingly helpful for me and perhaps others to gauge it's tradeability for short term strategies.

Big thanks

I have spoken to NT7 and they have a request list with everyone that would like them to add MJNK (JNM) to their list for supported Futures. I suggest everyone in this forum starts sending them requests to add the 2 Futures from Osaka exchange that have better liquidity then ES apparently.

You can use the template below:
E-mail: platformsupport@ninjatrader.com
----------------------
Dear Ninjatrader,

Please kindly add me as a requester to add mini-Nikkei (JNM) and Nikkei (N225) from Osaka exchange to your supported Futures with historical data.
As your trusted and preferred platform supporter and user I would appreciate if you made it possible for me and other to trade this instrument.
Thank you!

Sincerely,
Your Full Name
--------------------

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  #136 (permalink)
apac
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At first I was surprised to see that 80% of recent volume was foreign. These data only include entities with about 30m USD in capital. I wonder if a foreign bank with a trading entity in Japan is considered a foreign participant?

jpx.co.jp/english/markets/statistics-derivatives/sector/b5b4pj000002si63-att/Tousi_DV_W_201904_1_0401_0405.pdf

This post doesn't really contribute to the retail trading topic. However I am partially of the bias [or at least curious] that orderflow dominated by domestic retail participants will possibly reflect some predictable cultural personality traits. Where those products are specific to a homogenous demographic. The challenge is finding such instruments.

[Is there another more active NK thread? I couldn't find one.]

ps, hello.

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  #137 (permalink)
apac
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Did any one else book-read the NK up move from around 1030hr/21,000 up to local lunchtime/22,220? Especially in the second half of that range as 22,200 neared. The play around 21,080. Those offered levels around 22,200.

It was a good story.

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  #138 (permalink)
 PaperTrader 
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jakobe View Post
I haven't had any success. I'd be willing to start something for us English speaking folk that'd be interested in chatting about the nikkei. if there is enough interest Skype might be a decent option. Or discord..

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any progress?

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  #139 (permalink)
 suko 
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There is already a Discord with some FIO traders, why not just start a thread there?


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