Hello, questions from novice about trading the Euro

Discussion in 'Forex Trading' started by Robertwiz, Jan 16, 2012.

  1. Hello,

    I am interested in trading the Euro and I have a few questions"

    1. Which gives fewer false whipsaws intraday, the Euro from spot firms or CME Euro futures?

    2. How does the Euro FX big contract compare in terms of tradability with the Euro Emini and E micro?

    I would tremendously appreciate any thoughts.

  2. SteveH


    Trade the Globex Euro Dollar futures (6E). Stick with regulated exchanges.

    The Crude futures (CL on the NYMEX) is a better contract to trade. Sim trade it and you'll see.
  3. +1. although M6E and 6E by definition track the same instrument (euro) the liquidity is almost nonexistent for M6E. this can be seen w/ the larger version of many cars like gold and oil. prob the only diff i can think of at the moment where it's reversed (meaning the mini has more vol than the big) is ES. i'm sure there are others though that's the most important one.

    CL does have more vol so your good and bad trades are rewarded twice as fast!
  4. gmst


    Why is CL a better contract to trade ? Can you elaborate please. Thanks a lot.