YM Traders

Take the rest of the week off, that my advise to all small traders like myself as this roll takes place. their will be alot of short and quick spikes up and down today as larger players unwind and move into the forward contract.


Ciao!
 
Quote from joeyata1:

not understanding. when do the futures roll over the thursday before exp? also when do the dec's and sept prices come togethere? there's still a big gap. like the sept ym's are 10599 and the dec's are 10642
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There is not a set time when they roll over, on thursday (if it is the same as the Nasdaq) dec becomes the "front month," the contract you should be trading. It is basically the last day you can get out of your sept positions.

You should learn how futures contracts are priced, especially if you plan on trading them. Sept and dec will never come together, why would they?
 
Quote from blackguard:

'the market is differrent this week'

here is an example: today the obvious thing to do was to buy YM around 606 about 5 minutes ago. Last week that trade would have worked for maybe 20 points.

today? you would be down 10 points.

very differrent market. very tricky market.
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I can't see much difference this week. You are on the old contract, so perhaps changing to December might help.
 
EVERYDAY IS A BEAUTIFUL TRADING DAY.....UP DOWN SIDEWAYS ....ALL TRADABLE....WHEN U LOOK AT SHORT CHARTS U DON'T SEE REALITY EXCEPT THRU THE REAR VIEW MIRROR....WOULDA COULDA SHOULDA.............ALL IN THE SAME BOX TRADING WILL KEEP U FROM THE 5% CLUB.........
 
Quote from Bigbusiness:

I can't see much difference this week. You are on the old contract, so perhaps changing to December might help.
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I meant Dow value not YM value.

Just made some money going long at 641 (dec).

more opportunities developing.....
 
There is only one day difference between Dec and Sept contracts. And the point difference is 40 pts. Isn't that a bit too much for just one day difference? Could it be due to people selling to get out of Sept. which causes it to decline in value, while Dec. goes up due to accumulation?
 
Quote from Ripley:

There is only one day difference between Dec and Sept contracts. And the point difference is 40 pts. Isn't that a bit too much for just one day difference? Could it be due to people selling to get out of Sept. which causes it to decline in value, while Dec. goes up due to accumulation?
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There isn't one day. Sept contracts expire next week, December ones in 3 months time.
 
2 min 5 min are great.....I like the fast moves....the quicker the better ........anything slower bores me to tears....no thrill...no trade.....
 
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