Intraday Volume - futures io
futures io futures trading



Intraday Volume


Discussion in Traders Hideout

Updated by ThatManFromTexas
    1. trending_up 3,220 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 4 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Intraday Volume

(login for full post details)
  #1 (permalink)
Germany
 
 
Posts: 24 since Feb 2011
Thanks: 1 given, 0 received

Hi,

there is a pretty basic question. WHats thze reason between
the huge volume jumps from day session to night-session in any futures?
During "daytime" there is huge volume, during "nighttime" there very low volume.
Is Trading more difficult during "nighttime" or what causes traders to start and stop trading
an instrument at the very same time every day?

Thanks in advance!

Reply With Quote

 
 
(login for full post details)
  #2 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,839 since Mar 2010
Thanks: 4,238 given, 26,582 received


Mondrakete View Post
Hi,

there is a pretty basic question. WHats thze reason between
the huge volume jumps from day session to night-session in any futures?
During "daytime" there is huge volume, during "nighttime" there very low volume.
Is Trading more difficult during "nighttime" or what causes traders to start and stop trading
an instrument at the very same time every day?

Thanks in advance!

You want to trade

-> when the market is liquid
-> when the volatility is high

The market's liquidity depends on the traders being awake. If they sleep they do not trade. For this reason you will find more traders during daytime than during the night. For US stocks the best time to trade is when the market is open and the traders at their desks. You will find the regular trading hours at the websites of the exchange. In the afternoon the traders go back home and take some rest and sleep. So if you ask me, why they stop trading:

They are tired.

EUREX trading volume drops after 4:00 PM GMT, CME volume drops after 4:15 PM EST and you will observe the same phenomenon in Asia.

Isn't it strange that traders sleep?

Reply With Quote
 
(login for full post details)
  #3 (permalink)
Germany
 
 
Posts: 24 since Feb 2011
Thanks: 1 given, 0 received


Well, kind of would have guessed that.
The question is why nearly all of the traders start and stop trading at the very same minute/hour.
You can easily watch it by viewing minute volume data in a feed that provides overnight data.

Reply With Quote
 
(login for full post details)
  #4 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,839 since Mar 2010
Thanks: 4,238 given, 26,582 received


Mondrakete View Post
Well, kind of would have guessed that.
The question is why nearly all of the traders start and stop trading at the very same minute/hour.
You can easily watch it by viewing minute volume data in a feed that provides overnight data.

This is like a theater. The performance is scheduled. This is not a wild market, but every exchange is a structured market place.

Let us take the EuroStoxx 50 futures as an example.All futures contracts relate to a cash market (the underlying of the futures contract), so you need to take into account the opening times of the cash market.

In the case of the EuroStoxx teh cash market are the exchanges where those stocks are traded. Most of them are traded via Xetra or NYSE Euronext Paris which both open at 9:00 AM CET. If you look at the volume of FESX, it will pick up, when the cash market opens. Not that difficult to understand.

Also exchanges are structured along the time-line. Typically there is a pre-trading phase, an opening auction, the regular trading period, a closing auction. Some exchanges also halt trading during the day for an intraday auction, which lasts several minutes, before the continuous auction will continue again.

In the end your question is similar to asking why they are only spectators in a soccer stadium while the two teams are playing.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
(login for full post details)
  #5 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,324 received


Fat Tails View Post
This is like a theater. The performance is scheduled. This is not a wild market, but every exchange is a structured market place.

Let us take the EuroStoxx 50 futures as an example.All futures contracts relate to a cash market (the underlying of the futures contract), so you need to take into account the opening times of the cash market.

In the case of the EuroStoxx teh cash market are the exchanges where those stocks are traded. Most of them are traded via Xetra or NYSE Euronext Paris which both open at 9:00 AM CET. If you look at the volume of FESX, it will pick up, when the cash market opens. Not that difficult to understand.

Also exchanges are structured along the time-line. Typically there is a pre-trading phase, an opening auction, the regular trading period, a closing auction. Some exchanges also halt trading during the day for an intraday auction, which lasts several minutes, before the continuous auction will continue again.

In the end your question is similar to asking why they are only spectators in a soccer stadium while the two teams are playing.

As usual... FatTails is correct.

I think the confusion for new traders comes in because of all the marketing that the FX firms do..."Trade anytime you want ...Trade 24 hours a day"

They aren't lying, you can... the volume will suck... but you can trade any time you want.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following user says Thank You to ThatManFromTexas for this post:


futures io Trading Community Traders Hideout > Intraday Volume


May 6, 2011


Upcoming Webinars and Events
 

Getting Comfortable with Price Action Patterns w/Earn2Trade

Aug 4
 

Live Video Panel: Ask Me Anything w/Ironbeam Brokerage

Aug 6
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts