ES - mini- alternative instrument to trade before market opens - Traders Hideout | futures io social day trading
futures io futures trading


ES - mini- alternative instrument to trade before market opens
Updated: Views / Replies:6,462 / 18
Created: by waqarshah Attachments:2

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 100,000 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
 2  
 
Thread Tools Search this Thread
 

ES - mini- alternative instrument to trade before market opens

  #1 (permalink)
London, UK
 
 
Posts: 14 since Oct 2014
Thanks: 2 given, 3 received

ES - mini- alternative instrument to trade before market opens

Hi All.
I trade the ES-Mini (SIM) during UK hours the market opens here around 0230pm (0830 CME) therefore from 0900 (0300 CME) till market opens I dont have much to trade - can anyone else recommend any other instrument to trade before the ES-Mini market opens?
I dont want to trade Forex.

Reply With Quote
The following user says Thank You to waqarshah for this post:
 
  #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)
 Vendor: www.jigsawtrading.com 
Bangkok
 
Trading Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,927 since Nov 2010
Thanks: 806 given, 10,113 received

Answer
This post has been selected as an answer to the original posters question Answer


The forex futures should be OK - the Euro futures are well traded as Europe is open.

Have you looked at Eurostoxx 50 Futures & the Bund on Eurex exchange? They are well traded and have lots of liquidity like the ES.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
 
  #4 (permalink)
Madison, NJ
 
Trading Experience: Intermediate
Platform: CQG/TOS
Broker/Data: Optimus/CQG
Favorite Futures: 6E/NQ
 
Posts: 118 since Jun 2010
Thanks: 52 given, 84 received

also keep in mind t bonds and t notes open at 7:20 chicago time, that's 1 hour and 10 minutes earlier than ES open. should give you enough time and comparable liquidity to make your day.

Reply With Quote
 
  #5 (permalink)
London, UK
 
 
Posts: 14 since Oct 2014
Thanks: 2 given, 3 received

Do these market have contract sizes like the ES = $500 per contract -ideally I am only trading 2 contract sizes at a max with an account of $10,000 so it needs to reflect this- is anhyone able to give me the instrument details or provide a link where I can get more info

I had a quick look at the 6E which I think is 10,000 per contract

Thanks all

Reply With Quote
 
  #6 (permalink)
Germany
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: NTB / Continuum
Favorite Futures: FDAX and CL
 
Balanar's Avatar
 
Posts: 396 since Jan 2013
Thanks: 510 given, 1,626 received

FDAX, FESX, FGBL, Z, GC, 6E.

Should be enough for you.

Reply With Quote
 
  #7 (permalink)
Chicago, IL USA
 
Trading Experience: Intermediate
Platform: MultiCharts + CTS T4
Broker/Data: Advantage Futures, IQFeed.net
Favorite Futures: YM, ES, EU, US, S
 
furytrader's Avatar
 
Posts: 153 since Jun 2011
Thanks: 109 given, 145 received

I would suggest staying in the stock index sector as opposed to branching out to FX or Fixed Income - the stock index sector has its own unique characteristics. Try the EuroStoxx 50 or the DAX (but check contract sizes first).

I'm not saying you shouldn't trade FX or fixed income; just know that they have different behavior patterns when compared to stock indexes.

Reply With Quote
 
  #8 (permalink)
Bodoe , Norway
 
 
Posts: 142 since Jun 2014
Thanks: 843 given, 117 received

...have you checked out CFD's ?

I trade Ger30 @fxcm , it's a CFD for FDAX. works fine

Reply With Quote
The following user says Thank You to sharpshoota for this post:
 
  #9 (permalink)
Market Wizard
Portland, OR
 
Trading Experience: None
 
Massive l's Avatar
 
Posts: 1,796 since Mar 2011
Thanks: 1,315 given, 3,055 received

Gold and oil. Different action but good moves before the open.

Reply With Quote
 
  #10 (permalink)
Market Wizard
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,794 since Mar 2010
Thanks: 4,235 given, 26,353 received



waqarshah View Post
Do these market have contract sizes like the ES = $500 per contract -ideally I am only trading 2 contract sizes at a max with an account of $10,000 so it needs to reflect this- is anhyone able to give me the instrument details or provide a link where I can get more info

I had a quick look at the 6E which I think is 10,000 per contract

Thanks all

An account size of $ 10,000 is rather small for trading futures. More volatile contracts such as Brent Crude, WTI and the FDAX should be avoided. Also I do not recommend FESX because of the significant bid/ask spread.


Now if you look for contracts to trade in the European morning, I would suggest to look for European index or interest rate futures. The best choice that comes to my mind is FGBL

FGBL: contract size € 100,000 / tick size = € 10.00

Both liquidity and volatility are excellent during the European morning.


If you wish to trade US futures:

6E: contract size = EUR 125,000 / tick size = $ 12.50
6B: contract size = GBP 62,500 / tick size = $ 6.25
6J : contract size = JPY 12,500,000 / tick size = $ 12.50
6A: contract size = AUD 100,000 / tick size = $ 10.00

Liquidity is certainly sufficient to trade 2 contracts during the European morning. The 6B has the lowest risk profile and would probably best suit your account.


I have never traded British index futures, but you should have a look at those as well.

Reply With Quote
The following 3 users say Thank You to Fat Tails for this post:

Reply



futures io > > > ES - mini- alternative instrument to trade before market opens

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

September
 

The Spirituality of Trading w/Dr Brett Steenbarger

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
When ES is ranging, what alternative instruments do you recommend? Croni Emini and Emicro Index Futures Trading 12 April 13th, 2015 12:27 PM
DAX IS THE ONLY INSTRUMENT I WANT TO TRADE wandaa Trading Journals 5 November 10th, 2014 01:24 PM
E-Mini NQ alternative in Europe timezone sweater Emini and Emicro Index Futures Trading 2 November 10th, 2014 06:02 AM
Is it profitable to scalp the spead in ES mini tracy Emini and Emicro Index Futures Trading 23 February 15th, 2014 07:14 PM
ES mini PandaTrader NinjaTrader 3 October 15th, 2012 10:21 PM


All times are GMT -4. The time now is 10:49 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 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