Best time to trade emini sp - Traders Hideout | futures io social day trading
futures io futures trading


Best time to trade emini sp
Updated: Views / Replies:9,419 / 8
Created: by masood Attachments:1

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Best time to trade emini sp

  #1 (permalink)
Elite Member
san antonio texas
 
Futures Experience: Intermediate
Platform: ninja trader
Broker/Data: amp/zen fire
Favorite Futures: oil
 
Posts: 706 since Oct 2009
Thanks: 176 given, 3,278 received

Best time to trade emini sp

What I have observed in emini trading is that there are certain times of the day when generally there is a move up or down that yields a 6 tick profit on a 1 tick or no slippage entry. All times are cst:
Usually first 5 to 7 minutes are buy/sell orders from previous day or other forces trying to take positions.There are two moves (or one continuous move) between 8:37 and 8:50 a.m.
There is one strong move at 9:00 a.m.It may or may not be news related.
There is one move at 10:30 a.m.
There is one strong move at 11:30 a.m.
There is one move at 1:00 p.m
There is one move at 2:40 p.m.
On tight range and FOMC days the moves may yield a profit of 4 to 5 ticks Except the moves at 9:a.m and 11:30 a.m where targets can be set higher than 6 ticks.This observation is for scalp trades but can also be helpful in swing trading.Thank you
Masood

Reply With Quote
The following 13 users say Thank You to masood for this post:
 
  #2 (permalink)
Just starting out...
San Jose
 
Futures Experience: Intermediate
Platform: Ninja
 
Posts: 11 since Jan 2010
Thanks: 1 given, 2 received

I also look at 3:00pm. Often there is a nice reversal at this time. If it is a trend day it will most likely reverse at this time right on the dot.

Reply With Quote
 
  #3 (permalink)
Elite Member
Sydney, NS
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: TF,S,GC
 
cclsys's Avatar
 
Posts: 607 since Nov 2009
Thanks: 248 given, 379 received


Here is a sheet I typed up from Ed Moore's Rhythm of the Markets method I studied several years ago. It is perhaps a bit complex to read without knowing the method but basically he is distinguishing between trend and non-trend days. Once you get a feel for it, it is very helpful. Only for indexes.

Attached Files
Register to download File Type: doc TOD2.doc (26.5 KB, 396 views)

Last edited by cclsys; January 8th, 2010 at 12:03 PM.
Reply With Quote
The following 3 users say Thank You to cclsys for this post:
 
  #4 (permalink)
Just starting out...
San Jose
 
Futures Experience: Intermediate
Platform: Ninja
 
Posts: 11 since Jan 2010
Thanks: 1 given, 2 received

Thank you for the attachment. What does it mean when it say "CONTRA"?

Reply With Quote
 
  #5 (permalink)
Elite Member
Dallas,TX
 
Futures Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker/Data: Zaner/Zen Fire
Favorite Futures: ES,6E,6B,GC,CL
 
Posts: 590 since Nov 2009
Thanks: 176 given, 116 received

jjod - I hope you are mentioning times in EST zone?? or Australian time zone

Reply With Quote
 
  #6 (permalink)
Elite Member
Queretaro,Qro. Mexico
 
Futures Experience: Intermediate
Platform: Ninja Trader, Multicharts
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES
 
Posts: 30 since Nov 2009
Thanks: 4 given, 3 received

sometimes during a huge trending day, there is only one big move that lasts the whole trading session....be careful and also check for opening gaps that could change things against us.....ST

Reply With Quote
 
  #7 (permalink)
Elite Member
Sydney, NS
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: TF,S,GC
 
cclsys's Avatar
 
Posts: 607 since Nov 2009
Thanks: 248 given, 379 received


Buddha View Post
Thank you for the attachment. What does it mean when it say "CONTRA"?

Sorry for late reply. Have been a bit distracted/busy of late.

A 'Contra' move is a move that is contrary-to / against the main trend of the day. Often you get a trend up or down in the am. Then there is a lunch-time pause. Then there is a move back up to the day high (if a bull day) or a little higher. Then around 1 EST or so a 'contra' move that corrects 35-60%. The shallow the contra, the more the probability that there will then be follow-through to new highs as trend continues. A deep contra, esp. one greater than 61.8% (or roughly etc.) indicates the trend has run out of steam and if the next probe up to day highs fails to get there, then a larger move down might be in the offing.

If there has been no contra after lunch but trend continues, then a late contra can happen around 2.30 ish.

And if the market has generally been up all day with only shallow corrections, then the 3.30 corrective move can be fast and deep as floor traders take out day-trader positions esp. of those traders/systems that hold into the close after entering shortly after the open etc.

These are tendencies, of course, and each day is unique. But there often are clear turning points that happen around 1.00 EST, 2.00 EST, 2.30, 3.30 etc, often very close to those times so they are worth watching in the context of the overall day.

These things are more accurate, I suspect, with indexes than anything else, but the general trend-contra-trend notion works in any market. Some markets have clear lunch periods (those open longer) whereas others don't (those with much shorter sessions like grains). And again, each day is different.

Reply With Quote
The following 2 users say Thank You to cclsys for this post:
 
  #8 (permalink)
Elite Member
Palm Harbor, FL
 
Futures Experience: Intermediate
Platform: ninjatrader, tradestation
Broker/Data: AMP/CQG
Favorite Futures: CL
 
Posts: 4 since Jan 2010
Thanks: 1 given, 3 received

Best times for ES

These would depend on your strategy.

For me the open until 11:30 have been the most profitable.

Tend to give money back from 11:30 to 2:30

Reply With Quote
The following user says Thank You to brucebx for this post:
 
  #9 (permalink)
Just starting out...
Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ES
 
Posts: 6 since Nov 2009
Thanks: 0 given, 0 received

Also agree that the first couple of hours have the most action,with a "rather common" change in trend after the first half hour (in the ES). After that, I join Brucebx in giving the money back to the market ...

Reply With Quote

Reply



futures io > > > Best time to trade emini sp

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
What time zone do you trade? h4cked Traders Hideout 5 April 30th, 2014 12:01 PM
Is the 6E 12.50 a tick? Best time to trade it Texas time? skyfly Currency Futures 7 August 7th, 2011 10:49 AM
Emini's Swing trade v day trade kctpac Emini Index Futures Trading 0 March 1st, 2011 10:32 AM
Making an already existing strategy only trade from a certain time to a certain time jmejedi The Elite Circle 6 February 8th, 2011 04:19 PM
How to find trend in Global emini sp masood Traders Hideout 2 January 16th, 2010 09:25 PM


All times are GMT -4. The time now is 03:36 AM.

Copyright © 2017 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
Page generated 2017-12-13 in 0.11 seconds with 20 queries on phoenix via your IP 54.226.132.197