[enochbenjamin]

You might want to try currencies during the Asian session, but stick with pairs that include JPY. AUD, NZD.

[dandxg]

Originally Posted by Tams »

HSI... action guaranteed.


.

Hi Tams. I was wondering if you could verify the the volume reporting on HSI appears correct? I have often wanted to try the market, but wasn't sure about the correct reporting of volume and such. For example, I am aware they have 2 closings I believe, trades rougly start time 7PM ET I believe? Do they have dark pools of liquidity that affect the ability to use PV?

[MidKnight]

You guys that are interested in HSI might also want to consider the MHI (the mini HSI). With the ranges that HSI has been seeing since last year, MHI has become a very viable alternative.

[Tams]

HSI is thin

MHI is even thinner

I have no knowledge of dark pools

[TheDude]

Id look at the inside bid/offer size and market depth when deciding if a market has enough liquidity.

Thus, ES after RTH will, I guarantee, have enough liquidity for any retail trader at any time.

I know of very few retail traders (ie those who trade 'after work', implying this isnt their main source of income) who trade more than a 50 lot in ES. In fact, we all know, they dont exist.

Stop trading is my advise for the OP and most who have responded to this thread. If you dont know basics like what liquidity is, you have no business putting orders in any market.

Harsh but true.

[wrbtrader]

Although the OP (thread starter) question about what to trade based upon liquidity after 5pm est is almost 2 years old...there's also the issue of your trade strategy being used besides liquidity. I'm assuming you're on eastern standard time and most likely want to be in bed by midnight.

For example, if your trade strategy is based upon Japanese Candlestick patterns...you will not see too many of these patterns after 5pm est in many trading instruments (e.g. Emini ES) even if it's one of the most liquid trading instruments in the world.

Simply, whatever trade strategy you're using...backtest it on all the available trading instruments after 5pm est to see which trading instrument is more suited for that particular trading instrument.

However, if liquidity is your only concern, you should take a look at the liquidity charts @ Futures Liquidity - January 2011 as a starting point but that list changes every month because liquidity changes.

Here's my list of trading instruments to trade between 5pm est - 12midnight est based upon volatility, swing points and directional price movements (list below not in any particular order).

• Light Crude Oil CL futures
• Gold GC futures
• Hang Seng HSI futures
• S&P CNX Nifty futures
• Eurofx 6E futures
• EurUsd Forex
• Emini ES futures * only during key market events

In contrast, if you go to bed early and wake up early to squeeze in a few hours of trading before work...I would add to the above list Brent Oil BRN futures, Eurex DAX futures, Eurex BUND futures, Kospi futures and many other Forex Currencies based upon the 3 requirements I've listed above.