I'll suggest the the euro futures contracts be considered since imo the euro is similar
to an index, but more 'stable', more 'regular' in its price movement
trading volume's about 10% of the ES, but, large orders tend to spike the price bar
to a range greater than that which occurs with the ES, which is sometimes nil
daily range is usually greater than the indexes, trends well, can be scalped and there
is the micro contract
6E/EC Euro FX volume: 12/14/12: 254,562
o/n $3,300 day $500 specs: $125,000 H,M,U,Z - 0.0001 / $12.50 rt comm: $4.87
M6E micro Euro volume: 12/14/12: 4,124
o/n $330 day $100 specs: $12,500 H,M,U,Z - 0.0001 / $1.25 rt comm: $1.99
via:
http://www.ampfutures.com/