posted on Aug, 18 2011 @ 08:57 PM
reply to post by OuttaTime
I watch the Asian and overnight futures indexes somewhat, but by no means trade them. Some general things I've notice about Asian indexes you might
wan to know are.
Sushi Time: The Nikkie closes for an hour mid-market. You need to be aware of this when you're on crash alert as it'll look like it's stopped
Volatility: The Asian markets seem a little more volatile to me than Western markets. A 3-5% change is pretty notable in Western markets, some Asian
markets might have that move more often. The KOSPI (South Korea) and the Taiwan market seem to be the most volatile but all asian markets seem to have
bigger moves percentage wide more often.
Ozz and New Zealand: These to me are the most understandable pretty comparable to London, New York, Toronto.
Futures: Pretty damn interesting I mainly follow the e-mini S&P, but if it trades, there is probably a futures contract as well. The overnight can be
pretty thin in some futures, but there is always someone trading right now.
Forex: I'd be remiss if I didn't mention Forex. Currency trades 24/7 365. The overnight session can be important in Forex because that is often
where you see Central Banks intervene against their currency. Most often the Bank of Japan but recently the Swiss National Bank. A central banks move
in forex will quickly spread to other markets but it is often first seen in Forex.
Anyway those are my tips for overnight (from US) market watching. Just because US markets are closed doesn't mean there isn't a crash going on