6E personality? | Currency Futures

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6E personality?

  #10 (permalink)

new york
Posts: 355 since Mar 2012
Thanks: 665 given, 578 received

Hi roach1972 is correct about the forex correlation.

6E is based off the euro usd pair and forex is a different animal.

I cant get a handle on currency, but do well with crude oil.

the advantage of currency futures over forex is that the futures puts you in the 15 % tax bracket with mitt romney.
the 6E future has an immediate 10 % gain over forex just on the tax break alone.

I was able to adapt an automated strategy to work on the currency futures, but most of them did not produce enough revenue.
The australian dollar was the best performer. Some consider it the chinese dollar.

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