thursday trading, page-34

aghori,

I have found with IG, that during cash open (when our market trades during the day) that the Aus200 follows the XJO fairly closely.

During Cash Close (futures) the Aus200 follows the futures fairly closely... during the switch between futures time and cash time you will often see som huge moves as IG's index plays catchup.

If you are using IG to trade, then I suggest you use their charts of the instrument you are trading to trade on... I find that t/a works just as well on the IG market as it does on the real one...

When I am talking to other traders who are directly using the SPI futures contract or whatever, i generally establish what the IGMarket premium is, and then find that price MOVES pretty much the same.. though the price LEVEL may be different no matter whether the instrumetn is a real futures contract, the actual index or the MarketMaker (igmarkets for example) instrument.

hope that helps

;)

;)