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Don't know about correlations with 6e nowdays. a few years ago you could use cl but, I haven't paid much attention to any of that kind of stuff in years to be honest. Just trading what I see kind of thing.
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
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@72truckster, u may know that 6E is against the USD so an inverse is U.S. Dollar Index (DX.) They usually move about the same # of ticks. I use a 610 volume for 6E against a 377 volume for DX.
I found intermarket correlation/relationship between currency pairs quite helpful (especially cross pairs x majors, or sometimes majors/cross x Exotics depending on theme that week/month etc) ... for me, at least.
btw, today was a slow day, compared to few days ago ... i'm expecting down move for the rest of the day.
Personally, i think today is THAT day ...
Still waiting for signs of weakness, before placing sell orders ...
Everything can happen, but still, area between .3826x - .3832x seems good to me ...
