Emini S&P 500 at Stock Market OpenĮven after stocks open, the old contract volume dwarfs the TradeStation symbol. Note how the old contract (red) still has the vast majority of the volume. (Times are US Central Time Zone) Emini S&P 500 Overnight Trading The blue bars and blue volume displays are standard TradeStation contracts, and the red bars are the old September contracts. Here are some examples from today, Thursday, after TradeStation rollover. So what happens if you continue to use the old switch-a-day-early timing? In today’s world, the contract switch occurs at the beginning of the Friday overnight session (Thursday evening in the US). Then electronic markets and overnight trading entered the picture, and things changed. Life used to be simple: Everyone switched from the old S&P contract to the new one on Thursday before expiration. For best results, you should use custom continuous contracts which may be tailored to current market practices. With volume-centric analysis tools like Insider Bars, this can cause significant differences in analysis results. In recent years, the US stock index futures markets have shifted their rollover practices, and TradeStation’s standard continuous contracts have not been adjusted accordingly.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |