anyone trading the 6E

Discussion in 'Forex' started by Wallace, Jul 22, 2009.

  1. Coolio

    Coolio

    Hopefully all these good things will drive even more traffic thru the 6E and away from the Forex bucket shops.
     
    #11     Jul 25, 2009
  2. pma

    pma

    :)
     
    #12     Jul 25, 2009
  3. 6e is considered a Big Contract, not a mini. There is a mini euro-fx but last time i looked the volume was pathetic.
     
    #13     Jul 25, 2009
  4. 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.
     
    #14     Jul 25, 2009
  5. pma

    pma

    Good point Trader273-I never thought of the 6E as a big contract :eek:
     
    #15     Jul 26, 2009
  6. How much is a pip worth in this contract?
     
    #16     Aug 3, 2009
  7. rickf

    rickf

    same as the ES 12.50
     
    #17     Aug 3, 2009
  8. 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
     
    #18     Aug 4, 2009
  9. lg4to32

    lg4to32

    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
     
    #19     Aug 4, 2009
  10. kxvid

    kxvid

    I think the 6E is the epitome of what trading should be. Big contract, large ranges, good liquidity, and very technical.
     
    #20     Aug 4, 2009