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How to set my chart properly for the RUSSELL (TF)


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How to set my chart properly for the RUSSELL (TF)

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  #1 (permalink)
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Can someone help me to figure out the exact trading hours for the overnight and regular session of the RUSSELL. It's not clear or even mentionned on their site or i am blind.

https://www.theice.com/productguide/ProductDetails.shtml?specId=86

In the lower left corner of the product details page they write the TF trades from 8:00PM Est to the next day 6:00PM or from 20:00 to 18:00 except Sunday, it start at 18:00. There is a pre-opening period that starts at 19:30 (7:30PM) no such period on Sunday.

The daily settlement is computed at 16:14-16:15 Est or 4:14-4:15PM

How should i set my chart to represent the overnight session ?

19:30 to 09:30 or 20:00 to 09:30

And regular session ?

09:30 to 16:15

Is that correct ?

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  #3 (permalink)
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ETH - 20:00 to 18:00 ET(NY)
RTH - 09:30 to 16:15 ET(NY)

Take your Pips, go out and Live.
Luke.
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LukeGeniol View Post
ETH - 20:00 to 18:00 ET(NY)
RTH - 09:30 to 16:15 ET(NY)

Thanks Luke, a bit strange as interval for the ETH. How should we consider a day ? when does a day close if the settlement occurs at 16:15 ?

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trendisyourfriend View Post
Thanks Luke, a bit strange as interval for the ETH. How should we consider a day ? when does a day close if the settlement occurs at 16:15 ?

Using NinjaTrader 7, I keep my TF (Russell 2000 e-mini) chart set to 24/7.
The trading activity seems to start around 2am CST. & moves rather slowly until around 7am CST
(3am - 8am New York time)
Regular market hours appear to be 8:30 - 3:15 CST (9:30 - 4:15 New York time).
Trading pretty much comes to a dead halt at 3:15 CST.

If it helps...

After all, it's what you learn AFTER you know it all, that counts!
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trendisyourfriend View Post
Thanks Luke, a bit strange as interval for the ETH. How should we consider a day ? when does a day close if the settlement occurs at 16:15 ?

Ja it's strange, like @TheWizard said, I have based the RTH time to the activity looking at volume and cos the others index futures start at the same time.

Take your Pips, go out and Live.
Luke.
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Market Wizard
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TheWizard View Post
Using NinjaTrader 7, I keep my TF (Russell 2000 e-mini) chart set to 24/7.
The trading activity seems to start around 2am CST. & moves rather slowly until around 7am CST
(3am - 8am New York time)
Regular market hours appear to be 8:30 - 3:15 CST (9:30 - 4:15 New York time).
Trading pretty much comes to a dead halt at 3:15 CST.

If it helps...

TF trades at ICE/Nybot from 8:00 PM to 6:00 PM EST. So you basically have three subsessions for the day:

Night session : 8:00 PM to 9:30 AM EST (early start of Sunday night session at 6:00 PM)
Regular session : 9:30 AM to 4:15 PM EST.
After-session: 4:15 PM EST to 6:00 PM EST.

I use the session template attached.

Further I take the settlement data from daily data (Kinetick-EOD), which I call on intraday charts.

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Is the after-session: 4:15 PM EST to 6:00 PM EST reflected on the daily bars or is it discarded ? At what time does the last price print on a daily bar? 4:15PM or 6:00PM ?

If it is 4:15PM then i suppose the after session is completly obliterated ?

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Market Wizard
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trendisyourfriend View Post
Is the after-session: 4:15 PM EST to 6:00 PM EST reflected on the daily bars or is it discarded ? At what time does the last price print on a daily bar? 4:15PM or 6:00PM ?

If it is 4:15PM then i suppose the after session is completly obliterated ?

The daily bar as per exchange or Kinetick (EOD) is built from

open : session open at 8:00 PM prior day
high : high of the entire session from 8:00 PM to 6:00 PM (Monday session 2 hours longer)
low : low of the entire session from 8:00 PM to 6:00 PM (Monday session 2 hours longer)
settlement: VWAP from 4:14 PM - 4:15 PM

So the after-session matters, as a new high or low can be established.

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It's somewhat counter-intuitive to think the daily bar can close before the day is completed. Wait until i try to explain that to my wife

Is it Bill Gate who decided that as after all, he's the guy who decided the 'start' button would be use to close the computer.

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