SHORT TERM trading instruments (5m or lower)

August 14th, 2010, 12:04 PM

crisscross

ikeaboy,

I don't know what your tick/pips goal per day. I suggest focus on 6B for now. Build your account with it. It's predictable enough using proper tools, a couple of indicators. I trade it on m1 during US session. The Frankfurt/London session will suit you well with on 6B. Later, you can add 6E.

criss

my stop loss is about 8-12 ticks... the final target about 16-24 ticks ... depending on the pair and its ATR...

i am not very patient so i will have a look at more than only one pair...

August 14th, 2010, 12:09 PM

There is also the crude oil mini QM. Never traded it, so I am not sure about liquidity, but I am assuming it moves as well as CL.

August 14th, 2010, 12:26 PM

vegasfoster

There is also the crude oil mini QM. Never traded it, so I am not sure about liquidity, but I am assuming it moves as well as CL.

thanks for the tip.. just found this thread regarding the topic... volume is indeed very low compared to CL...

CL vs QM (crude oil) tick size/value, margins

So a friend (George) and I were chatting via Skype today, and it got me looking at QM (emini) again compared to CL.

I first looked at QM several months ago when I stopped trading ES and started trading CL. At that point I discarded it almost immediately …

i will have a look at it when the market is open on monday..

SHORT TERM trading instruments (5m or lower)

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SHORT TERM trading instruments (5m or lower)