Odd FESX Price Action Today

Discussion in 'Index Futures' started by luckysharms, Feb 26, 2013.

  1. Any FESX traders who were trading the European open?

    I am new to FESX but the market was much thinner than normal. There was only 1 report scheduled to come out yet it traded thin and it was more choppier than usual. I felt like I was trading the ES.

    Anyway, I wanted to know if anyone else saw this and maybe had an explanation.

    The price action yesterday was tremendous, but maybe the day after a sharp sell off produces this type of choppy price action.

    Thanks.
     
  2. wrbtrader

    wrbtrader

    Today's price action is normal volatility in comparison to what has occurred so far this year. In comparison, the price action the recent prior trading days...volatility was high (not normal).
     
  3. Thanks for your reply. I guess I will recalibrate my expectations on what to expect from FESX.