15 July 2006
FTSE 100 Futures - Final 1 min chart with m50 100 200
Although there were opportinities in FTSE 100 Futures (opens 3pm Sin time and trades until 11:29pm Sin time) in the later part of the day when US market opened at around 9pm Sin time, I switched to Mini Dow US$5, because I found that FTSE 100 was merely another follower, rather than a leader, same as STI and most other indices all over the world, they follow US indices very closely, ie, Dow 30, SP 500 and Nasdaq 100. I'd better off trading a leader, rather than a follower. But before 9pm Sin time we have to trade FTSE 100, which offers best liquidity and time frame for a part-time trader who has a daytime office job. I get this conclusion after comparing trading time frames of all availabe indices futures .
Labels: Futures Trading
