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


EURUSD 6E Euro
Updated: Views / Replies:270,708 / 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

  #2011 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received


tigertrader View Post
strong bearish seasonal tendency from the 3rd trading day of Jan. thru the first week of Feb.

@tigertrader

Seasonality is interesting to me because it seems like a powerful tool. However, just as you have mentioned that intermarket correlations are great until they don't work anymore, seasonality only isolates a few variables (like weather to some degree, holidays, fund flows, etc), but it does not take into consideration geopolitical and current context, let alone other factors. Clearly you do not feel it's something to blindly follow, but isn't a bearish January for the Euro based on the last 14 years as (ir)relevant as the relationship between stocks and bonds during a certain time period, etc.? If I could ask it this way: how much weight do you put into seasonality, as an actual support decision tool? If you had convincing reasons to be bullish Euro, and the past data of bearish seasonality conflicted with it, what would you do?


Last edited by josh; January 7th, 2014 at 08:40 PM.
Reply With Quote
The following user says Thank You to josh for this post:
 
  #2012 (permalink)
Elite Member
Philly, Pa
 
Futures Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
 
tigertrader's Avatar
 
Posts: 5,948 since Jul 2010
Thanks: 6,314 given, 31,870 received


josh View Post
@tigertrader

Seasonality is interesting to me because it seems like a powerful tool. However, just as you have mentioned that intermarket correlations are great until they don't work anymore, seasonality only isolates a few variables (like weather to some degree, holidays, fund flows, etc), but it does not take into consideration geopolitical and current context, let alone other factors. Clearly you do not feel it's something to blindly follow, but isn't a bearish January for the Euro based on the last 14 years as (ir)relevant as the relationship between stocks and bonds during a certain time period, etc.? If I could ask it this way: how much weight do you put into seasonality, as an actual support decision tool? If you had convincing reasons to be bullish Euro, and the past data of bearish seasonality conflicted with it, what would you do?

Theory suggests this seasonality has worked in the past due to the fact that multinational corporations based in the US repatriate funds after the New Year, and this has a tendency to depress prices, which definitely puts it into the "funds flow" category. So the question is flow oriented or value oriented. Let price action be your arbiter.

Reply With Quote
The following 2 users say Thank You to tigertrader for this post:
 
  #2013 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received


Anybody trading Euro anymore....I had a decent trade monday, and looking to maybe jump in a little more.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #2014 (permalink)
Fiddler
Nashville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: NQ ES
 
Posts: 468 since Feb 2011
Thanks: 323 given, 542 received

I have been tinkering with some trades in 6E. Picked up some longs on the dump today, sold half 1.3693, still holding half with targets at 1.3708 and 1.3731 for the runner. Moving my stop in tight so I lock my current gains, if it is going to hit my targets, the move needs to happen fairly quick (Upward resumption in the next couple hours). A move below 1.3675 +/- a few pips would invalidate the type trade I am doing as it would likely spend significantly more time near the lows or potentially fail.

Reply With Quote
The following 2 users say Thank You to Luger for this post:
 
  #2015 (permalink)
Capt. Johnny Jameson
Fort Lauderdale
 
Futures Experience: None
Platform: NinjaTrader 7
Broker/Data: CQG
Favorite Futures: ES
 
Devil Man's Avatar
 
Posts: 643 since Oct 2009
Thanks: 1,881 given, 895 received
Forum Reputation: Legendary


kbit View Post
Anybody trading Euro anymore....I had a decent trade monday, and looking to maybe jump in a little more.

kbit check out @wldman thread on trading 6E

https://futures.io/trading-journals/20222-koyaanisqatsi-hototo-wldman-out-balance-39.html#post393274

Reply With Quote
The following 2 users say Thank You to Devil Man for this post:
 
  #2016 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received

I've had a small short on all day looking for 3854....might get there next week at the rate it's going.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #2017 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received

Thinking we're going back up now. 3833 looking like bottom.
want to see 3874 then 3914 then 3994 ....beyond that ?

I know it may be early to say we're going up but that's what I'm seeing at the moment, I'll be watching those numbers.

Edit: very short term like to see 3858 hold.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #2018 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received


kbit View Post
Thinking we're going back up now. 3833 looking like bottom.
want to see 3874 then 3914 then 3994 ....beyond that ?

I know it may be early to say we're going up but that's what I'm seeing at the moment, I'll be watching those numbers.

Edit: very short term like to see 3858 hold.

Looking good....has to stay above 3874 at this point.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #2019 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received

Stopped out on way back to 3914 on original trade (gave back maybe more than I should have but wasn't around to watch it)...back in at 3859 (with tight stop) looking for at least 3983.

will come up with new plan after that...could be a short, depends on what happens at 3983....providing it gets there that is.

If stopped on this will step back and reconsider.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #2020 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received



kbit View Post
Stopped out on way back to 3914 on original trade (gave back maybe more than I should have but wasn't around to watch it)...back in at 3859 (with tight stop) looking for at least 3983.

will come up with new plan after that...could be a short, depends on what happens at 3983....providing it gets there that is.

If stopped on this will step back and reconsider.

Oops...I mistyped, I meant 3883 not 3983.
Anyway it made it to 3883 and is playing yoyo around it. I'm going to wait a bit and see what happens from here, more specifically see if it goes to 3900 or through 3859 down to 3832

I reread this and am pretty sure I got the numbers right this time.

Reply With Quote
The following user says Thank You to kbit 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 07:43 AM.

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 2017-12-11 in 0.16 seconds with 20 queries on phoenix via your IP 54.226.132.197