NexusFi: Find Your Edge


Home Menu

 





Osaka Nikkei 225 mini index futures


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one mangolassi with 27 posts (23 thanks)
    2. looks_two Tommip with 14 posts (3 thanks)
    3. looks_3 suko with 8 posts (3 thanks)
    4. looks_4 traderwerks with 7 posts (4 thanks)
      Best Posters
    1. looks_one DavidHP with 6 thanks per post
    2. looks_two Lunarus with 2 thanks per post
    3. looks_3 mangolassi with 0.9 thanks per post
    4. looks_4 traderwerks with 0.6 thanks per post
    1. trending_up 66,228 views
    2. thumb_up 68 thanks given
    3. group 50 followers
    1. forum 138 posts
    2. attach_file 4 attachments




 
Search this Thread

Osaka Nikkei 225 mini index futures

  #61 (permalink)
 
suko's Avatar
 suko 
Kyoto, Japan
Market Wizard
 
Experience: Intermediate
Platform: TW TOS LiveVol
Broker: TD, TW, IB, Saxo
Trading: VXX, VIX, SPY
Posts: 1,326 since Oct 2013
Thanks Given: 844
Thanks Received: 1,416


CoinCoin View Post
Hi,

I have found the Nikkei to be not enough volatile for me but liquidity is good.

Regards

Can I ask a question from an volatility trader's POV?

Nikkei is not volatile enough compared to what? SPX? DAX? At least in terms of IV as expressed by NKvi it's been significantly if not vastly higher than SPX and DAX in 2016.

I thought the conventional wisdom was that Japan always falls further and faster than the other major indexes.

Attached Thumbnails
Click image for larger version

Name:	Screenshot 2016-04-27 10.59.07.png
Views:	241
Size:	140.6 KB
ID:	206985  
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
Battlestations: Show us your trading desks!
24 thanks
The Program
17 thanks
  #62 (permalink)
 
suko's Avatar
 suko 
Kyoto, Japan
Market Wizard
 
Experience: Intermediate
Platform: TW TOS LiveVol
Broker: TD, TW, IB, Saxo
Trading: VXX, VIX, SPY
Posts: 1,326 since Oct 2013
Thanks Given: 844
Thanks Received: 1,416

Here's another rendering based on front month futures contracts, VXX vs 2015.T (which is the Nikkei Volatility Index product counterpart to VXX):


Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #63 (permalink)
 
CoinCoin's Avatar
 CoinCoin 
Quebec, Canada
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 28 since Nov 2011
Thanks Given: 30
Thanks Received: 14



suko View Post
Can I ask a question from an volatility trader's POV?

Nikkei is not volatile enough compared to what? SPX? DAX? At least in terms of IV as expressed by NKvi it's been significantly if not vastly higher than SPX and DAX in 2016.

Hi,
I meant in terms of moving ticks per session. You might be right in term of % or points idk.

regards

Reply With Quote
  #64 (permalink)
mangolassi
Boston, MA
 
Posts: 166 since Dec 2014
Thanks Given: 61
Thanks Received: 126


CoinCoin View Post
Hi,
I meant in terms of moving ticks per session. You might be right in term of % or points idk.

regards

It has plenty of movement for day trading. Believe me - I primarily trade this instrument, and it behaves similarly to the ES. Some days may be dull, but that is the same with the ES or other index futures. People weren't complaining much when the ES averaged 10 points. I try and equate 1 ES point with 4 ticks on the N225M. I also consider 4 ticks to be a minimum scalp target. 10 points * 4 ticks = 40 ticks on the N225M to be equal to around 10 points on the ES. 40 ticks * 5 yen = 200 yen move on the N225M. So, a 200+ yen daily average range (each tick is a 5 yen move on the index) is more than sufficient to trade this instrument. Of course, the average daily range is bigger than this. Just look at a few charts going back a few months, and you will see for yourself.

Reply With Quote
Thanked by:
  #65 (permalink)
 
torroray's Avatar
 torroray 
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
Posts: 272 since Nov 2009
Thanks Given: 52
Thanks Received: 61

Would someone post a 5 min chart so I can see how it behave.

Thanks

Reply With Quote
Thanked by:
  #66 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531


CoinCoin View Post
Hi,
I meant in terms of moving ticks per session. You might be right in term of % or points idk.

regards

Is a 500+ point move enough for you!?

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote
  #67 (permalink)
Tommip
Rybnik Polska
 
Posts: 114 since Aug 2015
Thanks Given: 18
Thanks Received: 51

500 point's move on NK mean that it is a 100 tick's.Average is much lower.Compare it with Dax or Dow - 200 point's in DAX mean ... 400 ticks (0.5 point move). For some Eurodollar (GE) or 2y bond are great with few ticks per day while other's like Dax with his wild behavior.Personally I like something in the middle of that - and Nikkei is good on this.

Reply With Quote
Thanked by:
  #68 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540


torroray View Post
Would someone post a 5 min chart so I can see how it behave.

Thanks

@mangolassi

Hi, given you use SierraChart, is there any chance you could post your .scid file for the mini contract?

I use the TT feed with SC and AMP don't provide the mini contract via TT and I don't want to change my Live datafeed to CQG just to play around with miniNikkei.

If I could get your .scid file for the current front month (and maybe the previous front month as well), I could have a little play around and see if the mini will be useful for me.

Cheers.

Reply With Quote
  #69 (permalink)
 
CoinCoin's Avatar
 CoinCoin 
Quebec, Canada
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 28 since Nov 2011
Thanks Given: 30
Thanks Received: 14


Neo1 View Post
Is a 500+ point move enough for you!?

hey give me a break !

1st, this thread is not about me but about the mini nikkei

2nd, you probably know already but this move is far out of the average.

3rd, if you trade it and like it etc, good for you. If you read correctly I never said it was a bad instrument, I said it was not enough volatile in ticks for me.


peace, happy trading

Reply With Quote
Thanked by:
  #70 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531



CoinCoin View Post
hey give me a break !

1st, this thread is not about me but about the mini nikkei

2nd, you probably know already but this move is far out of the average.

3rd, if you trade it and like it etc, good for you. If you read correctly I never said it was a bad instrument, I said it was not enough volatile in ticks for me.


peace, happy trading

Haha relax dude, I was just having a laugh. Yesterday's move was crazy!

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote




Last Updated on June 25, 2020


© 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