Thoughts About Adding Emini S&P Afterhours Trading Setups
I have received a number of requests to post about Emini S&P afterhours market biases and trading setups.
I think it is a good idea because not everyone can monitor the market during the US session. I under that many beginners also start out from part-time trading the E-Mini at night. I guess adding E-Mini trading models to deal with overnight trading will be quite useful for many traders.
The concern I have is that the stops for overnight trading sessions are quite useless when chaos hit the market. Slippage happens more often than not at important price levels with stop orders. This happens because E-Mini S&P is really moving as a proxy with the rest of the world with some of its components also trading afterhours. The moves are more unforgiving thus it is more likely to end up with more losing days if one focuses only on the afterhours trading. It may not be what the beginners are bargaining for.
Just drop me a comment here or send me email.
Edit: The reason for not posting many Emini AH biases and trading strategies / trading setups before is a logistic issue – we do not have the means to deliver the signals real-time back then. Now that I have the Emini S&P Real-Time Trading Assistant, the real-time delivery issue is no longer there.
Add everything – no holds barred! 🙂 🙂
I assume you have seen Rob Hanna’s quantifiable edges website.
Of course.