Poor man way to go long eurodollar?

[Bullz n Bearz]

There is a emini Euro FX. Try that. It's on the CME. I trade it.
The contract symbol for June 07 = E7M07

 

[tamaharbor]

Ahh! The 'little guy' wants to go long the Euro... I guess it is time to sell!

 

[Daal]

Quote from tamaharbor:

Ahh! The 'little guy' wants to go long the Euro... I guess it is time to sell!

or time for you to hit wikipedia

 

[FullyArticulate]

Quote from FullyArticulate:

That's the Euro (the currency), not Eurodollars (the fixed income deposit).

It's like I'm talking to myself. If we were discussing Euroyen, would people just be confused for one second longer and still recommend the currency?

 

[StreamlineTrade]

Quote from Daal:

Contracts are a little too big for me, is there an alternative to it?Like some kind of ETF or libor emini or something(it can be outside the US)

In what way is it 'too big'?

Margin requirement or volatility? Either can be reduced by spreading. Try EDM8-EDM7...

I think there is also an e-mini.

 

[Curve]

intraday margin of $750 even a poor man can trade e$.

 

[Daal]

contract value is what matters not margin

 

[FullyArticulate]

Quote from Daal:

contract value is what matters not margin

I'm not sure I understand. Because it's $1M notional value, that's too big? I'd think the volatility would be far more interesting for risk than some notional value.

Spreading is a fine alternative.