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International Index Trading

Has anyone else noticed the ES has dropped in volume yesterday and today significantly, eg. in today's happy hour (I refer to the last hour where everything goes crazy :eek:), there's quite a few bars where only a few hundred contracts were traded.

Is this because ppl are staying on the sideline pending on the big 3 resolution perhaps?
 
Has anyone else noticed the ES has dropped in volume yesterday and today significantly, eg. in today's happy hour (I refer to the last hour where everything goes crazy :eek:), there's quite a few bars where only a few hundred contracts were traded.

Is this because ppl are staying on the sideline pending on the big 3 resolution perhaps?

rollover, try march 09 contract.
 
rollover, try march 09 contract.

Ah, silly old me :eek: Didn't think the volume would disappear so quickly! So most people start trading the new contract a week before hand then?

Out of interest, in general, is this the case with most quarterly contracts? Eg. I also trade STW (MSCI Taiwan) which is a monthly contract and volume only really disappears on the day or right before expiry.

Thanks.
 
Ah, silly old me :eek: Didn't think the volume would disappear so quickly! So most people start trading the new contract a week before hand then?

Out of interest, in general, is this the case with most quarterly contracts? Eg. I also trade STW (MSCI Taiwan) which is a monthly contract and volume only really disappears on the day or right before expiry.

Thanks.

Yea that surprised me too this time. Normally the ES is about 3-4 days before contract end for the volume to move over. Each contract has it's own nuances I guess. HSI and K200 trade the last day solidly, while things like gold and copper rollover way before its end. It varies.
 
Would anyone know which broker, apart from IB, would offer me the ability to trade the HKFE products (HHI, MHI)?

I've been looking but can't find anything apart from IB.
 
Very strange trading tonight.

A lot of disconnects.

USD up, AUD up... gold down, but oil up :eek: and scattered commodities.
 
Keltner Channels

I know this isn't the right thread to talk about indicators but I did a search for Keltner Channels & this is the only thread that came up, long thread though couldn't find it. Does anyone here use Keltner channels, Incredible Charts doesnt include them, is there a different name for them?
I've been reading "Mastering the Trade" by John F Carter. :eek: Good insights but 75% is going over my head.:eek:
 
felt like the HSI was being held down today relative to HHI, Nikkei, Kospi and then just 2 min before morning session close it gets bid up massively.

Unfortunately, I didn't record today's session so I won't be able to review it!

Was this some kind of trick?
 
felt like the HSI was being held down today relative to HHI, Nikkei, Kospi and then just 2 min before morning session close it gets bid up massively.

Unfortunately, I didn't record today's session so I won't be able to review it!

Was this some kind of trick?

I saw that too.
I thought the HSI wasn't going up because the spi was upset over the GDP figure. In sympathy, so to speak.
But when the Nikkei and kospi are flying up 3-4% I figured it would be only a matter of time before HSI had to follow, and this avo she is.

Now the spi has to brush off that data and catch up.

Hopefully the ES will take a hint tonight as well. Put in a rally perhaps.

SGXNK can give occasional good hints.
 

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have we seen the top? Glenn Neely at NeoWave seems to think so. He's calling top-in for '09 and reckons S&P is now heading to 500. Not sure I agree, but interesting to see another view....
Ed

395032a713.png
 
Hi el caballo, I've no doubt he is short having published a call like that. He's been around since the 80's so he'll probably have a stop somewhere :)
 
weak o/night in Europe, FTSE a sell all day filling gaps below, including start of May gap but managed to find some support there. Looking like it could come off quickly if we can get some momentum going
 
Not watching the Dow futs, the ES, but I imagine the pattern was similar. Haven't seen/heard any 'news' - then again I'm not looking. Given the way its traded since the spike have to think it was a cluster of stops above yesterday's RTH highs. Or just below?
 
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