anyone trading the 6E

Quote from pma:

I really like the 6e,but could never get over why the commisions are so much higher than the index futures.Same exchange (CME) so what gives?
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6e is considered a Big Contract, not a mini. There is a mini euro-fx but last time i looked the volume was pathetic.
 
Margins are a bit higher but the per contract commission should be the same as ES. Runs wide and deep... Watchout for overnight gaps. Don't Set your stops to tight... be careful.. you can blow your account out in a matter of minutes if you are counter trading its trend.

You got let this one ferment a bit and get on the right side. When it runs set a wider trailing stop and enjoy the ride.

Observation is it leads the EUR/USD Spot FX, its options are big money's hedging instrument. Expensive Options that are spread wide.
 
Quote from Trader273:

6e is considered a Big Contract, not a mini. There is a mini euro-fx but last time i looked the volume was pathetic.
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Good point Trader273-I never thought of the 6E as a big contract :eek:
 
Sundays often provide good trading opportunities, fairly straight forward
trend trades, this Sunday's was a good 50+ pips up and then 80 down
unfortunately i missed the 200 pips up that followed - sleep timeout
 
I traded 6E for quite sometimes
quite technical products I should said,
watch out for other currencies pairs as they may lead,
but sucks in Asian hours as it's iliquid and follow exactly the spot market
and don't put ur stop too tight, you will get wiped out
 
I think the 6E is the epitome of what trading should be. Big contract, large ranges, good liquidity, and very technical.
 
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