Do you change your contract for next month on Thursday or Friday, or other day?

For whatever reason, I've always found that trading the 'old' contract on rollover day and then switching to the new contract on friday works best for me. The volumes of each should be very comparable tomorrow I believe. On friday, though, March will be dry as a bone :)

Quote from Gabfly1:

Not if you are talking about the indexes traded on the CME. The front month volume rolls like clockwork on the basis I explained in my earlier post.
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Quote from MoreYummy:

Do you change your contract for next month on Thursday or Friday, or other day?
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I change to the ES front month contract (June as of tomorrow) on 'Rollover' Day.

- Spydertrader
 
Quote from Fireplace:

For whatever reason, I've always found that trading the 'old' contract on rollover day and then switching to the new contract on friday works best for me. The volumes of each should be very comparable tomorrow I believe. On friday, though, March will be dry as a bone :)
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Did you go through a stage where you looked at "too many" markets? For example, the strategy you have works on "indicies", why not look at YM or NQ?

I can hardly follow one market never mind two ! Just wondering...
Thanks
 
Just trade the month with more volume, not rocket science, if you are holding a position open JUNE!

Most are trading one lots here, so it really does not matter.
 
For the morning session, so far, I have total volume higher for the March contract(ES). Close overall though. Maybe the afternoon will show an increase in the June volume over the March.

Either way, I'm not a huge fan of trading on this day, but that's just me.
 
Quote from Gabfly1:

Not if you are talking about the indexes traded on the CME. The front month volume rolls like clockwork on the basis I explained in my earlier post.
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Not sure what you're seeing, but I'm showing more volume in the March Emini SP than the June contract today. And like some of the other guys have stated that is usually the case on rollover day. By tomorrow there should be slightly more volume in the June than the March contract.
 
Quote from olias:

Not sure what you're seeing, but I'm showing more volume in the March Emini SP than the June contract today. And like some of the other guys have stated that is usually the case on rollover day...
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As it stands, I stand corrected. I have always switched on front month rollover day, which is today, as a matter of course. The volume for the new contract surges substantially over the previous day and competes with the soon to expire contract month's activity. However, because of this thread and our earlier posts, I looked at the two contracts side by side. You, sir, appear to be correct at the time of this writing, as are the other posters who sided with you. Try not to let it happen again.
 
At this time, the volume on march is more than June.

It is wise to look at 2 charts on thursday, since they appears to be somewhat different.
 
Quote from Gabfly1:

As it stands, I stand corrected. I have always switched on front month rollover day, which is today, as a matter of course. The volume for the new contract surges substantially over the previous day and competes with the soon to expire contract month's activity. However, because of this thread and our earlier posts, I looked at the two contracts side by side. You, sir, appear to be correct at the time of this writing, as are the other posters who sided with you. Try not to let it happen again.
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I'll give you some credit for getting back on and admitting you f'ed up.

:D
 
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