Migrating from ES to EUR.USD

NexusFi · 2010-07-05T19:03:02-04:00

Thanks for the input. My reasons were: 1.) easier to scale up in size. 1 lot bumps in the EUR/USD can happen a lot faster than the ES if you're winning. and visca versa 2.) no commissions... Yeah yeah. I know this will get a few GAUFFS but, if you market the ES you start -1 tick anyway... basically a 1 pip spread, right? $50 in commissions a week trading one contract twice a day goes to zero, then scale up... 3.) bigger ATR per 5 min bar... It seems you could get 12 ticks a lot faster in the currencies …

Discussion in Traders Hideout

Updated July 5, 2010

Migrating from ES to EUR.USD

July 5th, 2010, 07:03 PM

#11 (permalink)

LukeGeniol

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mainstream

Uh ok........

Sorry if my reply seems rude, I woulden't.

Anyway that doen not mean you must not trading forex, but that you have to weigh the pros and cons.

U have to find a good and realible broker, like one that offers currenex, or IB, I saw now almost futures brokers offer forex too.

Than u have to try your way of trading and find an edge.

Forex offers the avantage of trading mini lots so as u said is simple average in scaling is etc.

Luke.

Take your Pips, go out and Live.
Luke.