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Mini Nikkei 225 on Osaka - Japan (JPX)
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Mini Nikkei 225 on Osaka - Japan (JPX)

  #41 (permalink)
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mangolassi View Post
Drop NT and get with Sierra. You will get historical data. And it's a way better piece of software.

Yeah looking at Multicharts now, will look at Seirra as well.

I really like some of the Rancho products but they have no plans on launching on either.

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  #42 (permalink)
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fiftyeight View Post
Yeah looking at Multicharts now, will look at Seirra as well.

I really like some of the Rancho products but they have no plans on launching on either.

Hey fiftyeight,

I trade the MJNK, via CQG too. Also having troubles getting historic data.

Couple of things I have learnt doing the same search;

Looked at eSignal, data looks great, but low support in charting platforms. I use Sierra and it is not supported as a datafeed.

Sierra does not supply historic minute data for Osaka Mini Nikkei, only ETH day bars.

The Sierra historic data for Mini Nikkei (they use BarChart data) has a flaw in it where the week/session starts wrong. it seems to include the previous friday night session into the start of the next week which completely invalidates weekly view charts. There is more on this in the Sierra support board, but does not look to be fixed anytime soon.

I also have an Interactive Brokers account, they have ~2.5 years of minute data for Osaka mini nikkei, but no tick data, so its not much use for volume profiling.

Apparently CQG were looking into getting more historic data, but given it is almost a year now since they supported the instrument and it has not happened, I can not see this really happening in the future.

Bit frustrating, its a great product for us in Aus to trade.

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  #43 (permalink)
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amoeba View Post

Looked at eSignal, data looks great, but low support in charting platforms.

Should be able to plug in to NT?




Quoting 
Sierra does not supply historic minute data for Osaka Mini Nikkei, only ETH day bars

Still getting my head around everything but for VP purposes I was going to chart the big contract as that is the volume which moves both markets. The mini just follows the full contract.

I have basically given up on NT or CQG hosting the historical data. Multicharts has a continuous contract in and historical data. It also has some VP tools and is free.

Ill give it a run over the next few weeks

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  #44 (permalink)
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fiftyeight View Post
Should be able to plug in to NT?

I believe so, but just check if it supports the full market depth (if you need it).

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  #45 (permalink)
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Auction Market Theory

Hi guys, I started studying the Mini Nikkei,
I trade using Auction Market theory and Volume Profiles.

For those who use auction theory, How are you guys treating the overnight volume?

Differently from the Mini S&P, which 90% of volume occurs on the regular trading hours, The Overnight Volume of Mini Nikkei is almost the same volume of its regular trading hours (something like 60%/40%).

Are you guys summing both RTH and Overnight volume into 1 volume profile and treating it as a unique session?
Are you Treating the overnight session and points (low, high, value area, POC...) as if it was another regular session?
Or just treating the overnight session volume as "Overnight Inventory" and not giving much attention to its session points and volume clusters?

Thank you!

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  #46 (permalink)
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MaxTaF View Post
Hi guys, I started studying the Mini Nikkei,
I trade using Auction Market theory and Volume Profiles.

I am not sure you should be using the mini for VP. I have asked this question to a few experienced guys, the big contract is where all the real volume and liquidity are, the mini is just dragged around by the big Nikkei. They may give similar VP but I am not sure they will match exactly.

Be good if someone has some VP of the mini and the full they could share

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  #47 (permalink)
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fiftyeight View Post
I am not sure you should be using the mini for VP. I have asked this question to a few experienced guys, the big contract is where all the real volume and liquidity are, the mini is just dragged around by the big Nikkei.

False.

First thing you need to do is get rid of this notion in your head that things are significantly dragged around by other instruments (I am assuming you are implying that the mini contract lags behind the full size contract). This simply doesn't happen between instruments that are liquid to any extent, and the Nikkei futures (full size and mini) are no exception. Arbitrage (look this up if you do not know about it) clears this up so quickly that it doesn't exist for you. Period.

As for the volume claims, you could have very simply double-checked what these "experienced guys" told you on the JPX website and found out how ridiculous their claim is. Let me pull out the data for you from Japan's regular trading session on Friday 2/17/17:

Nikkei 225 Futures: 37,132 contracts traded
Nikkei 225 Mini Futures: 421,359 contracts traded

This is typical, in that the mini contract out-trades the full size contract by a factor of greater than 10 times.

Please do your research and double-check what people tell you before posting it as fact on the internet, because it's easy to mislead people this way.

So let's re-visit the question at hand - do you really care what the big size contract is showing, or do you want to focus on the far more liquid mini contract? I've been trading the mini for some time now, and I really have never even looked at the full size chart or data for any reason whatsoever. I simply don't care about it. Same thing with traders that are trading the ES. Why would they care about the full-size contract?

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  #48 (permalink)
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mangolassi View Post
False.

Some good info here.

Pitty you chose to be such a turbo about it????

As you will see by previous posts in this thread (and other threads) I am still getting my head around the Nikkei (and trading in general) as I am currently making the transition. I nowhere pretend to be an expert.

Dragged and lag are 2 different things (not saying they do or do not apply to the Nikkei). For example the MHI definitely takes its lead from the HSI, is there any lag in price? No due to arbs, I googled it thanks for the tip. But reading the volume on the MHI trying to gain an edge is pointless as that is not what is driving price. This also applies to the DAX and the mini DAX.

My response to the original question was "not sure you should use the mini", in fact I hope I am wrong and can use mini Nikkei data as it is free while the esig want a fortune for data on the big contract.

As you are the expert on the mini Nikkei hopefully you can provide many more tips to newbs like me but with a little less attitude

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  #49 (permalink)
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fiftyeight View Post
Some good info here.

Pitty you chose to be such a turbo about it????

As you will see by previous posts in this thread (and other threads) I am still getting my head around the Nikkei (and trading in general) as I am currently making the transition. I nowhere pretend to be an expert.

Dragged and lag are 2 different things (not saying they do or do not apply to the Nikkei). For example the MHI definitely takes its lead from the HSI, is there any lag in price? No due to arbs, I googled it thanks for the tip. But reading the volume on the MHI trying to gain an edge is pointless as that is not what is driving price. This also applies to the DAX and the mini DAX.

My response to the original question was "not sure you should use the mini", in fact I hope I am wrong and can use mini Nikkei data as it is free while the esig want a fortune for data on the big contract.

As you are the expert on the mini Nikkei hopefully you can provide many more tips to newbs like me but with a little less attitude

Sorry, my frustration was misdirected - I am actually annoyed at the people who keep saying flat out untrue statements to people, like the guys who told you that the full size contract has more volume than the mini.

Definitely just stick to the mini Nikkei. Also, who is giving you free data for the mini? That sounds nice.

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  #50 (permalink)
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mangolassi View Post
Definitely just stick to the mini Nikkei. Also, who is giving you free data for the mini? That sounds nice.

AMP Futures, but no historical data with NT. I am tossing up between esig data that will work with NT for like $170/month for the big contract or switching to Multicharts and using the mini.

You advice above sheds some new light on everything, looks like Multicharts is back in running

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