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Yes I trade my algo strategy Sunday. I visit my few parameters on Saturday for the upcoming week and launch it live just before the Sunday open ... and it runs hands off until the Friday close. I have a small account and only trade the Micro eMini NQ ... on an M15 chart. My aglo does its best during the day session higher volume trading hours m-f ... but does hit good trades during the low volume times. My account is small ... but hoping it continues to grow ...
I don't trade on Sunday. I really enjoy having 2 days off on the weekend to clear my head from trading and evaluate what I did right and wrong over the weekend so I am better prepared for a new week.
It is a bad habit of mine i think, i trade us session and usually by 11pm gmt I am not in a trading frame of mind, the low volatility would also steer me into holding trades good or bad. I prefer to enjoy the weekend and trade on Monday. I have started Monday with positive p&l from trading on Sunday, but i have also started with a negative p&l, which is a crappy start to the week.
if you can, enjoy your weekend trade early morning for low volatility i find 4-7am gmt time is low for es somedays unless you get a flash news report.
well that would mean an INTERDAY trade.. that's NOT gonna happen anywhere around here! for one I'm trading at 1% risk. well it happens that at the open pricing could easily go against me far exceeding that value (and there's NOTHING I can do about it). no thanks.
I typically do not trade on sundays as most of the volume action (which happens in USA) is not in mood but keeping an eye on the action especially if any news over weekend/Asia markets makes more sense.
Living in Australia, this is something I've tried to do for many years in a lot of markets. ( Sunday night = Monday morning here ).
It's the perfect time for stop hunting/hunt/kill stuff IMO.
You'll often get a good session. ( Just enough to make you think it's worth it. haha ) And some times some big jolts and trends can begin.
But overall I've concluded that you can waste a lot of time waiting around watching drip feed liquidity and wishing you had rested and done something else with your time.
EDIT: Sorry old thread that was woken up by spam, apparently. Thought it was a current one.
Yeah, it was just spam. But "off hour" trading (in terms of NY stock exchange-related trading outside of NY stock exchange hours) can be very interesting.
I have never looked much at Sunday hour trading (in US terms, again), but the European session -- during normal European business hours, which are around 3:00 AM or so in New York terms -- can be rewarding. Many important trends, or at least large "overnight" moves, start then. Anyone who only looks at "RTH" hours on a chart might want to see what is happening earlier. The big moves in the European session are often why there are gaps on the RTH charts.
Trading it is another matter.
I tried to make use of that potentially valuable time period once, but it meant getting up before 2:00 or so in the morning, NY Eastern Time, every morning, and it pretty well wrecked me. I couldn't trade because I couldn't see straight. Also, the low volume pace is a very different thing to get used to. I imagine that Sunday hours are worse in that way.
Too bad we have to sleep, and have our daily routines in synch with other people, and have those other distracting circadian things going on, but we do.
Bob.
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Edit: well, this is not entirely on-topic regarding Sunday trading, but it is if you expand the scope to include anything outside of RTH. The "regular" trading hours for NY are the most active ones, but not the only ones, after all.
When one door closes, another opens.
-- Cervantes, Don Quixote
@kevinkdog have you ever created systems around this period of time to try to capture the London open breakout or similar concepts? If yes, what was your conclusion? Is it something worth pursuing for people living in the Eastern time zone (New York time) ?