Welcome to the Traders Laboratory Forums.
Market Internals Discussion forum on market internals, pit noise/action, and price action to determine the overall strength/weakness of the markets.

Reply
Old 01-16-2010, 12:10 AM   #1

Join Date: Jul 2009
Location: Point Roberts
Posts: 9
Ignore this user

Thanks: 5
Thanked 3 Times in 3 Posts



Wink Modified Regular Trading Hours

I have been thinking about doing studies based on a different set of trading hours for ES rather than 8:30 to 15:15 (RTH) and 15:30 to 8:30 Globex. I have noticed that on some days (especially straight up or straight down) that the move will often start before RTH. For example, 7:15am. If a trading day was built with different hours e.g. 7am to 15:15 modified regular trading hours (MRTH), then OHLC are different.

This will give different indicator values
(e.g. CCI, SAR, BOL Bands, ATR, etc. etc.)
also gaps will be different - and gap closings
and candlesticks will look different.

Before lauching off on this I thought I would ask people thoughts on it.

1. Perhaps someone else has already tried this and could share their thoughts.
2. Perhaps a better start time than 7am?
3. Other thoughts?[8D]


As always I would ask negative, bitter and closed-minded people to just move along to another thread without comment.
(Nothing positive or useful to say - then just don't say it.) Forum trolls need not apply.
aquarian1 is offline  
Reply With Quote
Old 01-16-2010, 02:35 AM   #2

Tams's Avatar

Join Date: Sep 2008
Location: Geelong
Posts: 3,590
Ignore this user

Thanks: 2,027
Thanked 1,402 Times in 862 Posts



Re: Modified Regular Trading Hours

my es charts start at 7:30 ET

it gives me a synchronized bol band by 9:30 am
__________________


..........This is a terribly difficult question to answer. The only satisfactory answer is: "It depends"...
Tams is offline  
Reply With Quote
Old 08-19-2011, 04:15 PM   #3

Join Date: May 2011
Location: The Virtual Pit
Posts: 234
Ignore this user

Thanks: 15
Thanked 162 Times in 72 Posts



Re: Modified Regular Trading Hours

When big reports are released at 0730 CST, one will miss big chunks of moves inspired by the report data if one only trades the 0830 opening...

0600 CST is a pretty good time to start monitoring for breakouts using a 24 hour chart in my experience...


Luv,
Phantom
phantom is offline  
Reply With Quote

Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Asian Hours active.trader Futures Trading Laboratory 4 11-17-2009 10:04 PM
CBOT Trading Hours RobinHood Beginners Forum 1 08-03-2008 02:34 PM
Trading Hours for the YM trbates Beginners Forum 3 05-17-2008 12:52 PM
Option Trading Hours rrover Beginners Forum 1 04-05-2008 01:42 AM
What to trade after regular market hours AbeSmith Beginners Forum 9 09-06-2007 09:47 AM

All times are GMT -4. The time now is 01:36 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.