Quote from sptraderj:
I've watched people trading after hours for a few years,
and can't quite figure out what the majority of them are basing
their trading decisions off of. During the day trading the ES you
can watch the DOW, or for the NQ's you can watch the Nasdaq
index. I would assume it has to be a foreign market but just
not sure which one, and which index. Any ideas or opinions
would be appreciated.
Thanks,
SP
If you are daytrading the NQ, then watch the EURO Currency Futures. Symbol @EC on TradeStation.
The two work as Divergent pairs to one another.
Trading @EC from 5:00am until 6:30am PST is prime, its all over by 11:00am PST in the EURO, then you could consider the afternoon session in the NQ.
best-
momo