The ER2 used to be expansive, dynamic and directional. For whatever reason(s) including VIX at 16ish, this symbol is muted more days than not. Choppy, deep pullbacks and sideways buzz. Reminds me of ES with a fraction of the liquidity. CL is now what the ER2 used to be.
While we managed to average a bit better than +2.5pts per session during the experiment, ER has no advantage over ES or NQ and disadvantage per liquidity. We'll retire this demo while ahead, and return to work a small account large(r) trading ES instead.
So long ER2, thanks for years of fond memories. I'm gonna miss ya
I'm interested to get some comments on how people on this thread trade (not strategies, just style and products). Thought others might be interested too so I set up a thread. Would be good if a few people added some thoughts.