NexusFi: Find Your Edge


Home Menu

 





Technical to be done on Cash or ES future directly?


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one Fat Tails with 2 posts (2 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 KomodoDragon with 1 posts (0 thanks)
    4. looks_4 tennon with 1 posts (0 thanks)
    1. trending_up 1,337 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 1 attachments




 
Search this Thread

Technical to be done on Cash or ES future directly?

  #1 (permalink)
 KomodoDragon 
Cape Town South Africa
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, Oil, Gold
Posts: 8 since Apr 2014
Thanks Given: 0
Thanks Received: 3

Hello Guys,

I have a very simple question, when trading the ES, is it better to do the technical analysis on the ES future itself or the underlying the SP 500? Is there an advantage having the levels on the cash market then applying the carry spread or its best to do it directly on the ES chart? I was wondering if the ES chart contain does not contain too much noise compared to the cash market.

Thanks for your answers

KMD

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
MC PL editor upgrade
MultiCharts
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
How to apply profiles
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
25 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
23 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


Please judge yourself.



Reply With Quote
Thanked by:
  #4 (permalink)
tennon
spokane wa
 
Posts: 8 since Apr 2014
Thanks Given: 1
Thanks Received: 0

There is the problem of transferring support and resistance levels between contracts, or if trading the SPY, referencing across dividend periods.

Reply With Quote
  #5 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


tennon View Post
There is the problem of transferring support and resistance levels between contracts, or if trading the SPY, referencing across dividend periods.

This is true, but as ES only rolls every 3 months, and as long as the differential between the front month futures contract and the cash index remains small, it is not much of a problem.

Reply With Quote




Last Updated on April 15, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts