Roll call

[mister ed 10]

Who is continuing to trade the stock indices over the Christmas / New Year period? Are you taking a break to be with friends and family while there is less liquidity in these contracts? Or are there still good opportunities to trade, be it scalping, day-trading or whatever?

[brownsfan019 17]

Who is continuing to trade the stock indices over the Christmas / New Year period? Are you taking a break to be with friends and family while there is less liquidity in these contracts? Or are there still good opportunities to trade, be it scalping, day-trading or whatever?

 

So far, so good this week in trading for me Mr. Ed.

[waveslider 10]

Last 3 days have been sleepy - look at the dojis in the various markets. Starting to get some action now - - it seems like everyone is waiting for the "Santa Claus rally", but the markets are being really tricky in their operation.

 

It's really weird to me. I look at inter market relationships alot. The Nas was up the whole day (because of google/doubleclick I guess) while the rest of the market was down (until the close). On Wed. it was the opposite.

Tuesday gave a great clue that the markets were going higher as the Russell outperformed the other markets into the close.

Now the russell closes up 1.7% and the dow up .34% - - - WHAAA?? compare those 2 charts!!

 

It looks like there is a short term long opportunity in the Euro and Brit. Pound futures. Reversals at the bottom of a channel.

[mister ed 10]

So far, so good this week in trading for me Mr. Ed.

 

Thanks BrownsFan and well done - are you trading in the days between Christmas and New Year too? I don't know about the liquidity/activity on those days, is it better to take a break or just treat it as normal?

[MrPaul 10]

Thanks BrownsFan and well done - are you trading in the days between Christmas and New Year too? I don't know about the liquidity/activity on those days, is it better to take a break or just treat it as normal?

 

 

Ed,

 

I'll be taking off those days. Not due to liquidity, but so I can spend some time with family and relax.

[mister ed 10]

Ed,

 

I'll be taking off those days. Not due to liquidity, but so I can spend some time with family and relax.

 

Thanks for that MrP. Just trying to get a feel for what the activity will be like between Christmas and NY. I am new to trading the index contracts so uncertain whether or not to trade that period. Appreciate the info.

.

[brownsfan019 17]

Thanks BrownsFan and well done - are you trading in the days between Christmas and New Year too? I don't know about the liquidity/activity on those days, is it better to take a break or just treat it as normal?

 

MrEd - I think it really depends on your trading style. For example, if you need volume/volatility it may be best to take those days off. As a candlestick trader myself, I may be around to trade some of those day(s). Sometimes just the morning session.

 

It doesn't hurt to take some time off either.

[mister ed 10]

MrEd - I think it really depends on your trading style. For example, if you need volume/volatility it may be best to take those days off. As a candlestick trader myself, I may be around to trade some of those day(s). Sometimes just the morning session.

 

It doesn't hurt to take some time off either.

 

Thanks BF - yeah I might continue on with morning session.

[ranj 10]

Take the time off, no new positions.

[smwinc 20]

Anyone else trading today?

 

I'll admit I'm a little surprised so far with the volume in the ES, a little more than expected. Still very light ofcourse.

 

Interested to see how things turn out.

 

SMW