NQ Extreme volatility at close session- Why??? - Index Futures Trading | futures.io
futures.io futures trading


NQ Extreme volatility at close session- Why???
Started: by SoftSoap Views / Replies:204 / 2
Last Reply: Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


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, and we will never resell your private information.

-- Big Mike

Reply
 
Thread Tools Search this Thread
 

NQ Extreme volatility at close session- Why???

  #1 (permalink)
Market Wizard
Canada
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
SoftSoap's Avatar
 
Posts: 522 since Aug 2015
Thanks: 293 given, 1,001 received
Forum Reputation: Legendary

NQ Extreme volatility at close session- Why???

Has anyone noticed the insane volatility that we've had today and yesterday in the closing session of the NQ?

In case you missed it.
2016-07-27 after ~4pm the market dropped 12.25 pts to 4682.25 in one minute, then within 4 minutes we were up 30.75 pts to 4713.

and today 2016-07-28 at around the same time, market went up 17.5 pts in one minute, dropped 28 pts the next, only to go up 25.75 pts the next before somewhat stabilizing.

In case you are wondering, daily ATR for the last 10 days is sitting at 44.5 pts

On day 1 I thought algos had something to do with the move as 2 hours earlier we had the FOMC announcement, but after today I was left with my head scratching wtf

Below is a 1 minute chart for the pit session with volume to give you an idea of the move today, as well as a 5-Minute volume profile of the hour leading to the move.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


I'm trying to figure out the logic here. What does the party responsible gain from executing this? Is someone purposefully triggering algos in hopes of getting this response? Or are people consciously buying and selling crazy amounts at once at market value without giving the market time to absorb? What is going on?

My only logical theory right now is that some algos are being triggered by corporate earnings and with a lot of companies releasing them this week, we are getting crazy buy followed by crazy sell signals. However, that's a 100% guess and I haven't done much research into that right now.

Thoughts?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Buckeye Nation
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp/CQG, TOS
Favorite Futures: CL, 6E, YM and ES
 
Posts: 199 since Jul 2010
Thanks: 142 given, 233 received


Earnings reports ...AAPL yesterday and then GOOG and AMZN today?

Reply With Quote
The following user says Thank You to kulu for this post:

Reply



futures.io > > > > NQ Extreme volatility at close session- Why???

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
ES NQ YM TF CL European/US Session Collab? Rory Index Futures Trading 2 December 14th, 2015 09:39 AM
Multicharts Point(Range) Bar at Session close Controllpip EasyLanguage Programming 3 October 22nd, 2015 12:28 PM
Prior Session Close Plot crawfells Sierra Chart 2 December 8th, 2014 04:51 PM
1st 90 minutes trading NQ futures (day session)... researcher247 The Elite Circle 10 March 5th, 2013 11:15 AM
"Due To The Extreme Volatility Some Market Analysts Foresee..." kbit News and Current Events 2 June 14th, 2012 09:45 AM


All times are GMT -4. The time now is 02:32 AM.

no new posts
Page generated 2017-01-23 in 0.07 seconds with 19 queries on phoenix via your IP 54.161.200.170