Trading the 5:00 p.m. Eastern Time (ET) /ES opening

R

Ronjohn

Hi,

I have been watching the ES opening at 5:00 P.M. I noticed there is a lot of sell-offs going on at the opening and throughout the evening. I would think the bearish side is the best play here. I have rarely seen it shoot the past the high of the day. I wanted to ask if this is a good time to take advantage of this opportunity.

Tonight the high was 2394.75. Then it dropped to 23.88 in the first thirty minutes. I don't see this big of a drop often. Would love to hear your thoughts about trading the opening..Thank you
 
About two weeks been focusing on this time. I have been mostly watching the morning session. I guess I should roll back time and watch more openings. I just noticed that bombing in Manchester.
 
ES doesn't have the cash or components of cash to reflect its value during night time/early morning session. So it must use other instruments to track. Mostly uses USD:JPY. And European open uses their equity indexes to track.
 
I was watching for an hour or so. I am using my demo account at the moment. Have been spending some time watching 6J ZB ES together. Trying to look for patterns
 
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