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Question - Futures trading around the clock

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TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
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As a beginner who is paper trading futures when time permits, namely the ES and the other emini's, I find myself wanting to trade at times of the day when they lack decent volume.

I'm in CA, and while I have time during the daytime, it is at most a couple hours, and on certain days of the week. I however have time from 8 pm to 2 am fairly often.

What might be some good instruments to consider during these times of day?

If there is one thing I've learned from this forum, it's the importance of gaining experience before going live. Whether that be 2 years in a demo / paper account or 10,000 hours, I'm prepared to put the time in and learn. I just need some instruments to work with my current schedule...

Thanks much.

EDIT / ADD: If it's helpful at all, I'm using OEC as my data provider...

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 Massive l 
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/CL /GC /6E start to move around 11pm sometimes.
12am-2am is your best best IMO.

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 TonyB 
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Massive l View Post
/CL /GC /6E start to move around 11pm sometimes.
12am-2am is your best best IMO.

Thanks for the quick response.

To be sure, your provided times, like 12am-2am, are pacific?

Might there be an index futures, like in Asia too? I believe one would need a broker like IB though...

Ah, I see you are in Portland, so never-mind the first question.

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 Massive l 
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Yep, pacific time. I'm in OR.

/ES is obviously liquid but I don't usually trade it.

I haven't traded /NKD but that's one you might check out as far as Asia is concerned.

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 TonyB 
Bay Area, CA - US
 
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I just saw on the OEC website that I should have access to NKD, as well as other Asian future indices. And in Europe, the FDAX and others... Cool.

With these, and non-index futures, if anyone has input on which might be best to trade from an educational perspective, please do share. Again, something in the evening time to early morning, pacific time.

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 RM99 
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I think you'll find that MOST, if not all instruments, have a significant drop in volume anytime that's not European open to American close.

Under that assumption, it's simply a matter of picking the instrument that has the volume action you're seeking within those time frames.

CL for example, is best traded from about 0000 to 1300 Pacific (no DST)....There's volume out to 1600 Eastern most of the time, but you don't want to get caught after that in a trade at the end of the day and have to either liquidate your position or face the close at 1715 and then the gap at 1800.

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 MXASJ 
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TonyB View Post
I just saw on the OEC website that I should have access to NKD, as well as other Asian future indices. And in Europe, the FDAX and others... Cool.

With these, and non-index futures, if anyone has input on which might be best to trade from an educational perspective, please do share. Again, something in the evening time to early morning, pacific time.

Is the NK contract the one on the SGX?

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 TonyB 
Bay Area, CA - US
 
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MXASJ View Post
Is the NK contract the one on the SGX?

The NDK that I was able to add is on the CME, as seen here, under indices:

OEC - Futures, Equities and Forex Electronic Trading System [AUTOLINK]Contract[/AUTOLINK] Specifications

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 MXASJ 
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The SGX Nikkei one is more liquid, and it looks like they (OEC) offer some of the contracts on the SGX, the SFE, and Hong Kong.

If you were looking at things this time of day SGX NK and TW contracts, the SFE ASX SPI 200, and the HSI futures on the HKF are usually interesting.

Check the exchanges websites to see the calenders. On the SGX the NK contract front-month is currently June, for the TW contract it is April.

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