Hi guys, i am finishing reading, mind over markets, obviously, a must for every trader... Now that was back in the 80s. Today we have 24 hr markets, and maybe for the ES, CL ,ZN.... and electronic markets which still have pit sessions using market profile can be easier...at least for what i have seen....now with the eur/dollar, Eurostoxx, DAx, etc..it is harder volatility is not, let´s say, "organize¨"...into a timeframe of time like the US market from 930 to 415 EST. there are no pit sessions in this electronic markets making it harder to spot an interval of time where to apply market profile. (obvioulsy you can apply it to 24 hr market, but trading becomes longer)
Living in europe i would like to trade the FESX or eurostxx 50 or the 6E or 6B...BUT they dont have a pit sessions, so form my experience you can sit on the screen for 3 hours and not get a trading signal in a 5 min chart.
1)What have you guys spotted about this?
2)do you use RTH profiles in US market ?
3) what time intervals do you use for markets like eur/dollar and FESX
It will be interesting to open up a thread with this discussion since i think that many have encounter this issue with electronic markets that dont have pit sessions...
thanks