NQ tick size reduced

[Ebo]

What are you talking about?

The NQ spread is NEVER 2 points bro.

Are you trading March or June contracts?

 

[Hoi]

You probably "forgot" to roll-over to June one week ago (roll-over time and the volume moves on Thursday week before expiration )

Quote from Triple X:

This morning, the NQ has a 2 point spread on low volume. Who the hell is going to trade this crap?

 

[Triple X]

I'm, looking at NQH6, it's back down to a 1 point spread now.

 

[jimrockford]

Quote from Triple X:

I'm, looking at NQH6, it's back down to a 1 point spread now.

Triple X,

you are indeed looking at the wrong contract. H means March. M means June. June is the active contract. Look at NQM6.

 

[Hoi]

Again: go to NQM6 if you want tight spread....

Quote from Triple X:

I'm, looking at NQH6, it's back down to a 1 point spread now.

 

[Triple X]

Thanks for the info..I'm just following the futures, not trading them. Where can I find a list of the letters for each month?

 

[Ebo]

No surprise!

Make a little sticky and remind yourself when contracts Roll Over Quarterly so you have liquidity, and look semi intelligent on here.

I trade Crude and it rolls every month, man do I get confused!


http://www.cme.com/

http://www.cbot.com/cbot/pub/page/0,3181,949,00.html

http://www.nymex.com/index.aspx


You are one lazy clam dude!

 

[Triple X]

Thanks :eek:

 

[murray t turtle]

Quote from Triple X:

Thanks for the info..I'm just following the futures, not trading them. Where can I find a list of the letters for each month?

===============
CME,BOT have that info;
Interactive Brokers is quicker however for symbols.

Figure CME did that to help compete with BOT ,YM contract.

It seem to be part of CME,BOT .ISE,OXPS,TRAD uptrends ;
especially since BOT,CME didn't sell off when SFO magazine put those 2 on front covers.

CME offered to sell me some data not to long ago;
would rather record my own,
but thoughtful of them to ask.

 

[whitster]

anchor - i totally agree.

the spread is why i trade YM instead of ES

now i may consider the NQ.

ES is, frankly, a ripoff- certainly for anything less than position or swing trading.

if you consider that for every 10 pts in YM equals roughly 1 pt in ES, then 10 ticks in YM equals 4 ticks in ES

i don't mind (as much) a 5 pt spread in Nikkei, since the moves are so huge - 100 pt- 200 pts not uncommon.

but costs are a big part of trading.

I would consider trading ES with a .1 tick. but @ a .25 tick, it's a ripoff. i'll leave it to the hordes, and trade YM.