The Holy Grail of the Emini Futures
- Thread starter mtcx2009
- Start date
I am not trading live because I dont see any harm in simutrading a new system for quite a while. Every minute doing so just build confidence and points out potential shortfalls. I have traded live before...plenty. I do not expect the fact that its real money will mean to me what it means to a novice.
Your not a buzzkill. The system works on end of day charting and it works trading it live. Sure, its harder to do live, but its working. The percentages on my blog are raw signals with no S&R involved or any regard to obvious trend.
I looked into the ESTX50 and overnight and the volume is low. The fact is it works best on ES during regular hours.
If your telling me there is something comparable to the ES moves and volume that can be traded say 4am CST let me know.
Well said.
What do you mean "volume is low"? The stoxx often does 70% of ES volume and 8x YM, and it's not confined to a "pit hours" session as there is no pit
Let me clarify and wrap up this tangent.
Does my system work on the ES, YM, ESTX50, NQ stocks etc. Sure it does.
Each of those has its own personality.
I have put more time into watching the ES, I am not ruling the others out forever.
The ESTX50 is the only alternative that I can trade say 4-6am with my account size and risk exposure. From what I saw everything moves much slower during these times vs normal US CST market hours.
For me personally right now its the ES on simutrading as my job allows. If I see an edge afterhours I will consider it, but for now alternative markets and alternative hours do not perform the same.
sounds good