Ziggie

The problem with holding futures positions taken at the close is that recently reactions against the trend on Globex have been up to 50% of the daily 10-day ATR - with the market often opening the following regular session unchanged from the prior close or even gapping in the direction of the trend. Does this provide opportunity? - of course. But unless you're an insomniac sitting there watching it or a trader outside the North American time zones with a trading plan specifically designed & dedicated to trade this session, its hard to construct a trade plan with futures that buys or sells at the close - at least one that's based on a sensible R:R. That's why I suggest designing an option strategy (for those of us who like to sleep) to take advantage of the anomaly that you so helpfully pointed out J. with your study. I don't want to belabor this - but you meant 3:15 central as the closing time (not 4:15) for the study, right J?? That's when the e-minis close for the day.