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Which chart is better to day trade e-minis: Globex or Open Outcry
Which chart is better to day trade e-minis off of: Globex or Open Outcry. I notice that moving averages and indicators give different levels/signals depending on what session time you are charting. Is one better or more accurate than the other?
Thanks
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
These are questions only you can answer.
I can tell you what works for me. But you are not me. And it is a lot more than a chart. It is an understanding...of self ....people.
Try some different charts and find out.
My charts, my entire approach, helps me .....enables me.... to get in the head of other traders. It is my job to find a sucker to take the other side of my trade...PERIOD.... Good thing there is one born every minute.
Here are two of mine ....ES and CL.
ES main 2020-05-25_22-17-11
main CL 2020-05-25_22-04-46
Ron
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
I agree with Blash. These are only things you can answer as they fit into your trading plan.
If I would say anything though I would try test as moving averages and such will obviously be completely different.
Some like me, on trade Globex as I like to see all the action as its tied together. Some only RTH and some maybe switch to RTH once indicators catch up.
Personally I think its a matter of preference. But as always... I could be wrong.