NexusFi: Find Your Edge


Home Menu

 





Spot FX vs Futures FX ( 6E ) with CQG


Discussion in Brokers

Updated
      Top Posters
    1. looks_one voluma with 3 posts (0 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 matthew28 with 1 posts (0 thanks)
    4. looks_4 Obelixtrader with 1 posts (0 thanks)
    1. trending_up 3,308 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 6 posts
    2. attach_file 2 attachments




 
Search this Thread

Spot FX vs Futures FX ( 6E ) with CQG

  #1 (permalink)
voluma
Singapore
 
Posts: 65 since Apr 2015
Thanks Given: 15
Thanks Received: 8

I've been trading with CQG for a period of time, today i'm having some different candle when compared with Spot FX (FXCM broker) with CQG. I wonder anyone having the same issue as me today at EURO/USD ( 6E) or it's a normal condition/situation for fx futures. Thx

Attached Thumbnails
Click image for larger version

Name:	Test.JPG
Views:	211
Size:	157.2 KB
ID:	192644  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
Battlestations: Show us your trading desks!
24 thanks
The Program
17 thanks
  #3 (permalink)
 Obelixtrader 
Slovakia
 
Experience: Intermediate
Platform: Ninjatrader 8
Broker: Interactive Brokers,Tastytrade,Birdwingo
Trading: K200M,KOSDQ150,US stock option
Posts: 220 since Aug 2009
Thanks Given: 116
Thanks Received: 109


becose SPOT FX is OTC not centralised market but 6E its futures contract this instrument is traded on exchange.

Reply With Quote
  #4 (permalink)
 
Jason Rogers's Avatar
 Jason Rogers 
New York
 
Experience: Intermediate
Platform: Strategy Trader
Posts: 166 since Aug 2010
Thanks Given: 122
Thanks Received: 153


voluma View Post
I've been trading with CQG for a period of time, today i'm having some different candle when compared with Spot FX (FXCM broker) with CQG. I wonder anyone having the same issue as me today at EURO/USD ( 6E) or it's a normal condition/situation for fx futures. Thx


Obelixtrader View Post
becose SPOT FX is OTC not centralised market but 6E its futures contract this instrument is traded on exchange.

Spot FX trades 24 hours a day while FX futures close for 1 hour each day. That one hour gap might explain the difference you see between those charts.

If you have questions about our services at FXCM please send me a Private Message.
Follow me on Twitter Reply With Quote
  #5 (permalink)
voluma
Singapore
 
Posts: 65 since Apr 2015
Thanks Given: 15
Thanks Received: 8


Jason Rogers View Post
Spot FX trades 24 hours a day while FX futures close for 1 hour each day. That one hour gap might explain the difference you see between those charts.

those are not gap, those are the misalignment when the US market started at 830 and news at 1000 respectively. i know unregulated market always have problem but i never know futures also have the same problem. a bit disappointed

Reply With Quote
  #6 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532

This is what I have with Rithmic data for the 6E on the December contract as the currencies rolled over on Thursday. The graph shows the same period as your chart.
My chart looks like the red box on your white graph and the yellow box on the black graph (I can't tell which is your forex graph and which is your 6E graph without the labels). Futures data should be the same for everybody though with the centralized exchange unless an individual data provider has an issue.


Reply With Quote
  #7 (permalink)
voluma
Singapore
 
Posts: 65 since Apr 2015
Thanks Given: 15
Thanks Received: 8


matthew28 View Post
This is what I have with Rithmic data for the 6E on the December contract as the currencies rolled over on Thursday. The graph shows the same period as your chart.
My chart looks like the red box on your white graph and the yellow box on the black graph (I can't tell which is your forex graph and which is your 6E graph without the labels). Futures data should be the same for everybody though with the centralized exchange unless an individual data provider has an issue.

Thanks for the feedback. I shall check my connection and verify on this issue.

Reply With Quote




Last Updated on September 12, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts