Is the 6E 12.50 a tick? Best time to trade it Texas time? - futures io
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Is the 6E 12.50 a tick? Best time to trade it Texas time?


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Updated August 7th 2011 by cjbooth
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Is the 6E 12.50 a tick? Best time to trade it Texas time?

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  #1 (permalink)
Texas
 
 
Posts: 113 since Jun 2010

Is the 6E 12.50 a tick? Best time to trade it Texas time?

I'm wondering if the 6E is 12.50 a tick, and if the best times to trade it are the same as the US markets, like the CL. Which is from 8:00 in the morning to 2:00. Thaks for any help

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Yes, 12.50 per tick
RTH (07:20 - 14:00 CST) seems to have the highest volume
CME specs for 6E: https://www.cmegroup.com/trading/fx/g10/euro-fx_contract_specifications.html

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  #4 (permalink)
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In my experience 3:30 to 5:00 AM is good then farts around to around 7:00 AM then is good til about 1:00 PM (unless somethings going on and it's still being actively traded). I also look at it from 6:30 to about 10:00 PM (it tends to be slower but trades can be had). All times are EST. As a side note you might have to be a little careful at the N.Y. open just like the 3 - 3:30 AM time period, I usually wait a half hour to let the lunatics figure out what they're going to do.

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  #5 (permalink)
Cedar Rapids, iowa
 
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I like 5:00 - 8:00 am CST, then 9 - 11:00 am CST. Sometimes you can get a nice pattern 7:00 - 9:00 PM CST

$12.50 tick is correct.

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  #6 (permalink)
Texas
 
 
Posts: 113 since Jun 2010

What session template?

Thanks for you guys responses first of. I'm guessing I should use a 24/7 time template? I'm using NT7, you guys might not be so you may not know, but I'm thinking atleast one of you uses NT7. Thanks for any help

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  #7 (permalink)
Cedar Rapids, iowa
 
Experience: Intermediate
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Can't speak for anyone else but yes, I selected "default 24/7" for "Session template" in NT7 (and previous NT versions as well).

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  #8 (permalink)
aurora,il
 
 
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skyfly View Post
Thanks for you guys responses first of. I'm guessing I should use a 24/7 time template? I'm using NT7, you guys might not be so you may not know, but I'm thinking atleast one of you uses NT7. Thanks for any help

I recommend you do not set the chart template to 24/7 or default, the currency futures market is not a 24 hour market its 23, it closes for an hour each day unlike the globex equity futures

I suggest you select the template "CME FX Futures ETH" template selection under the "data series" tab

Charles

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August 7, 2011


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