EURUSD 6E Euro - Currency Futures | futures io social day trading
futures io futures trading


EURUSD 6E Euro
Updated: Views / Replies:270,632 / 2,361
Created: by Big Mike Attachments:1,054

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 1,054  
 
Thread Tools Search this Thread
 

EURUSD 6E Euro

  #1761 (permalink)
Elite Member
maui
 
Futures Experience: Beginner
Platform: NT, TWS
Broker/Data: IB.AMP.CQG.DTN
Favorite Futures: Currency, Futures, Options
 
peterg's Avatar
 
Posts: 119 since Mar 2010
Thanks: 28 given, 174 received

6E8h

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to peterg for this post:
 
  #1762 (permalink)
Elite Member
maui
 
Futures Experience: Beginner
Platform: NT, TWS
Broker/Data: IB.AMP.CQG.DTN
Favorite Futures: Currency, Futures, Options
 
peterg's Avatar
 
Posts: 119 since Mar 2010
Thanks: 28 given, 174 received

6E8h2

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Typically a breach .786% and base over 1.26.... upside T1 100% and T2 127%
But sometimes it needs to washout weak longs lower before it can load shorts and longs to squeeze higher.


Last edited by peterg; August 28th, 2012 at 05:18 PM.
Reply With Quote
The following user says Thank You to peterg for this post:
 
  #1763 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received


The Beige Book report comes out today at 2pm, with the disastrous Consumer Confidence number yesterday I think the B Book report could be a market mover.

My question is this, Where +/- 10 pips will the price of the Euro be at 1:45 pm est. or 17:45 GMT (is that right?).

I always look for the heavy hitters to position themselves deep in the market at both extremes of the day's range prior to a major release, an example might be, to load the boat short at 1.2600 early in the day (given the opportunity) with the anticipation of a sell off at 2pm. Price might be at 1.2600 at 7:20 am and then 1.2520 at 1:45pm.

So, if anyone cares to play along type in the level(s) you expect to see on your chart at 1:45 pm est. Let's set a dead line for "your best guess" by 12:00 (noon) est. Nothing scientific here, just pure, meaningless fun.

My guess, 1.2540

Reply With Quote
 
  #1764 (permalink)
Trading Apprentice
ND, India
 
Futures Experience: Advanced
Platform: Ninjatrader, Amibroker
Favorite Futures: Futures
 
Bharatiya's Avatar
 
Posts: 47 since Feb 2010
Thanks: 284 given, 44 received

My guess 2450

Reply With Quote
The following user says Thank You to Bharatiya for this post:
 
  #1765 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received

I came out swinging for the fence (the pivot), a little early this morning. The bottom of yesterday's Value Area was like a brick wall, and that Pivot at 1.2537 played a little to hard to get for me. I didn't know if you Brits were setting me up or playing along, I thought I was beginning to smell a rat in the wood pile, so I took my bat and ball and went home.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Cashish; August 29th, 2012 at 06:09 PM.
Reply With Quote
The following 3 users say Thank You to Cashish for this post:
 
  #1766 (permalink)
Trading Apprentice
ND, India
 
Futures Experience: Advanced
Platform: Ninjatrader, Amibroker
Favorite Futures: Futures
 
Bharatiya's Avatar
 
Posts: 47 since Feb 2010
Thanks: 284 given, 44 received

Hi Cashish nice chart

I would like to know what formula you are using for your pivot calculation?
& what is this level 2572 come from?

Reply With Quote
 
  #1767 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received


Surly View Post
This one took some patience. I was pissed at missing the longs from 2550 and could have been less patient. I waited for price to get back to my 5m 20p EMA and stabilize to buy. I think the market looks bullish and I think a test of 2600 today is not out of the question. How long will I wait? I'm not sure but I'd like to hold this trade for a solid attempt at 2600... I will be very curious to see what happens at 2577 but I think we'll move through that on volume - will be watching.


@Surly read'em and sweep


I traded those moves between the Support (1.2485), Pivot (1.2512) and Resistance (1.2532) early yesterday morning and thought I was done for the day but my wife told me school was closed and I had babysitting duty. So I didn't go to bed and went back to my trading station for a few hours and started watching the market again. When the up move continued I added a 2nd resistance level at 1.2552 (+ 20 ticks). Since this level was near '50, I look for rotation of 14/16 points above and below. Then I noticed this level (on the chart below) in the green circle. Price had already moved up from 1.2532 thru '50 and rotated 15 ticks above and below '50 so I used the 1.2532 area for my stop.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



I had sell orders at 70, 72 and 2 @ 74. Price hit 70 twice and didn't fill me, I got some positive slippage up there and sold two at 72 but the high was only 73. The next time I saw 72 fail to trade, I threw in a market order when the bid/ask was above 70 . Of course it traded thru 74 after that. The reason I'm posting is that I didn't expect a run to 1.2600, I considered the move I was after the third attempt at 80, in hindsight maybe it was the second and the move to '80 was the third (that's why I don't like "the wave thing" I can't count). Of course we all have our own ways of viewing the market but I usually don't get my hopes up on a forth attempt, during the same trading session. That said, I could probably show you 19 4th attempts that carried 50 points. BTW, I usually don't trade the day session, I don't know it that well.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 2 users say Thank You to Cashish for this post:
 
  #1768 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received


Bharatiya View Post
Hi Cashish nice chart

I would like to know what formula you are using for your pivot calculation?
& what is this level 2572 come from?

Thank you

That green line at 2572 is a leftover from yesterday, look at the chart I just posted, you'll see where it comes from.

The calculations are Welles Wilder's, Trend Reaction Numbers


H + L + C
________ = X
3

2X -High = Buy Number (BN)
2X -Low = Sell Number (SN)

I have a thread here https://futures.io/trading-journals/15779-trading-6e-euro-eur-usd-futures-contract-old-school-twist.html#post174574

Reply With Quote
The following 2 users say Thank You to Cashish for this post:
 
  #1769 (permalink)
Trading Apprentice
ND, India
 
Futures Experience: Advanced
Platform: Ninjatrader, Amibroker
Favorite Futures: Futures
 
Bharatiya's Avatar
 
Posts: 47 since Feb 2010
Thanks: 284 given, 44 received

Thanks

I too belong to old school trading ....use simple price bar chart to trade from .
Whenever you get time I would like to know your long term analysis (daily weekly charts).

Reply With Quote
 
  #1770 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received


I'm getting Deja vu all over again

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Nice BIG Pending Home Sales number, probably just a flash in the pan, but that's all I was looking for.


Last edited by Cashish; August 29th, 2012 at 11:15 AM. Reason: Add Chart and comment
Reply With Quote
The following 2 users say Thank You to Cashish for this post:

Reply



futures io > > > > EURUSD 6E Euro

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading mini euro ( E7) or micro euro (M6E) currency futures ??? rw48gmx Currency Futures 115 November 14th, 2017 04:58 PM
NinjaTrader tick charts for Scalping the 6E Euro TickTrader Currency Futures 5 October 15th, 2011 10:27 AM
6E (EURUSD) trading alex123 Elite Trading Journals 35 September 17th, 2011 09:15 PM
6E and Euro spot key levels josh Currency Futures 5 July 23rd, 2011 12:25 PM
Big discrepancy 6E/@EU# vs. EURUSD spot Laurus12 Currency Futures 7 June 9th, 2011 09:12 PM


All times are GMT -4. The time now is 10:23 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-10 in 0.14 seconds with 20 queries on phoenix via your IP 54.221.73.186