Quote from bighog:
riaamaan
The +6 line is 6 ES ticks (1 1/2 handles) and same for the -6 line (1 1/2 handles)
The 0830 CST bar first tick is used to pass on the first 5 minutes after the pit opening as a way to let opening settle down. Subjective, some might want to wait 15 minutes etc. But i stick to 5 minutes.
APEX.............I disagree on your touting the ER2, but i will agree to disagree and leave it at that. I have been around enough to always want to trade the most liquid and most followed, most useful hedging instrument the industry uses. the volume numbers confirm those ideas. i yes would love to see the ES back up to $250 a pop and traded in 10ths. We are far from the days when the SP500 was called in on the phone and was $500 a pop. ... :eek:
Good trading to all today.