Traders Laboratory - View Single Post - Continuous futures chart question
View Single Post
  #9 (permalink)  
Old 06-13-2008, 06:45 AM
GammaJammer's Avatar
GammaJammer GammaJammer is offline
GammaJammer is all over it like a rash

 
Join Date: May 2008
Posts: 153
Thanks: 8
Thanked 62 Times in 32 Posts
Blog Entries: 11
Re: Continuous futures chart question

In both cases surely you're just better off eyeing key levels in the cash all the time, and calculating when necessary what that equates to in the relevant futures contract.

In the case of FX futures in particular, for those that trade them, they are absolutely dwarfed by the spot market, so S/R levels in the futs are genuinely meaningless unless they equate to something in cash, as arb is too fast these days to allow for any other scenario (unless you're atlking about silly 5 min charts etc in which case it's all a bit of a lottery imho anyway)

Dunno quite so much about YM.

GJ

Reply With Quote