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Hi, for the e-minis, Al recommends we focus on the day session chart, from 9:30-16:15 EST.
But how about for crude oil and the bonds (eg. 30 year)?
There is no equivalent cash markets that are open and closed at specific time for these products.
So does he recommend we set our chart for these based on US stock market trading hours?
Or the hours for the old pit session (9-14 for oil and 8:20-15 EST for the bonds)?
Many thanks
Not exactly: What Al actually recommends is picking a chart and trading it. He uses the session chart in the emini and the globex in other instruments but you don't need to. Yet, if you are learning using his materials and trading the EMINI I would recommend that you use his same setup so you can take advantage of his analysis.
What is a session chart and globex ?
Globex: 24 hours
Session: from 6:30 to 13:15 PST