NexusFi: Find Your Edge


Home Menu

 





cash open and IB?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one lexxmd with 2 posts (0 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 choke35 with 1 posts (0 thanks)
    4. looks_4 hobart with 1 posts (0 thanks)
    1. trending_up 2,696 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

cash open and IB?

  #1 (permalink)
 lexxmd 
Canada, Alberta
 
Experience: Beginner
Platform: NT Jigsaw
Broker: AMP Futures
Trading: Stoxx
Posts: 60 since Nov 2013
Thanks Given: 25
Thanks Received: 13

Hi guys.... When does Initial balance start on ES.. is it the 1 hour of the normal trading session
7:30-8:30 estern time also what is cash open?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
What broker to use for trading palladium futures
Commodities
Quantum physics & Trading dynamics
The Elite Circle
Strategy stop orders partially filled
EasyLanguage Programming
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
24 thanks
What is Markets Chat (markets.chat) real-time trading ro …
19 thanks
ApexTraderFunding.com experience and review
17 thanks
GFIs1 1 DAX trade per day journal
13 thanks
EG Indicators
11 thanks
  #3 (permalink)
 hobart 
charlotte nc
 
Experience: Master
Platform: Sierra Chart, TOS, Tradestation, NinjaTrader
Trading: energy
Posts: 114 since Jul 2012
Thanks Given: 81
Thanks Received: 172


most people would use 9:30 EST aka the 'cash market bell' as cash open. IB can be defined lots of ways, but for most people, the first 45 or 60 minutes following the open is the IB. I personally use 45 but im a rebel.

Reply With Quote
  #4 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558


lexxmd View Post
Hi guys.... When does Initial balance start on ES.. is it the 1 hour of the normal trading session
7:30-8:30 estern time also what is cash open?

See: https://nexusfi.com/wiki/trading-wiki/Market-Hours

RTH start == cash open is at 0930 AM ET.

One caveat: Your data stream.

If it is IB via API you only get the "correct" point by chance since your stream doesn't have native time stamps.
So (e.g.) NT will only get correct (e.g.) minute data via reload / backfill afterwards.

That means: If you need exact starting/ending points in time you will not be able to avoid using a data stream
with native time stamps (see: NinjaTrader Version 7 , section "Understanding the data provided by your connectivity provider").

Reply With Quote
  #5 (permalink)
 lexxmd 
Canada, Alberta
 
Experience: Beginner
Platform: NT Jigsaw
Broker: AMP Futures
Trading: Stoxx
Posts: 60 since Nov 2013
Thanks Given: 25
Thanks Received: 13

Thank you all

Started this thread Reply With Quote




Last Updated on November 20, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts