Mini Nikkei Futures?

[MidKnight]

Hi Boony,

While the futures price can at times mirror the underlying cash index it generally does not. There is typically a premium attached to the futures which simplistically, includes cost of carry and any dividends due for the duration of the contract.

Guys, do not bother with the CME contract, my understanding is it is pretty much an after hours market. Focus on the OSE or SGX IMHO. I prefer the mini on OSE.

With kind regards,
MK

[dwt1020]

MidKnight,

what broker are you using to trade this contract, what time frame are you trading, are scalping or swing or position trading.. what data feed are you using... ?

thanks in advance

[MidKnight]

hi dwt1020,

I use IB for broker and esignal for data. Many charts of various timeframes. I don't consider myself to be scalping, but i'll do typically 2-4 trades per day.

My best regards,
MK

[dwt1020]

Thanks for the response...

I forgot to ask, do you have an opinion on which session is best to trade? NY or Asian?

thanks again

d

[MidKnight]

Sorry for the late response dwt....I don't understand your question. The Nikkei is based off the stock market which trades in Japan local time from 0900 - 1510 with a lunch break from 1100 - 1230. Due to the lunch break, this creates 2 sessions every day.

If you are referring to the CME contract that trades in US trading hours, then I would not recommend that product as this is an after hours market and is not really any different from trading the US futs outside of RTH.

My best regards,
MK