memphis
Posts: 77 since Mar 2020
Thanks Given: 211
Thanks Received: 23
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I'm new to trading anything from the EUREX exchange, and would like to incorporate these two markets/indexes into my Trading
Can someone with Experience and or knowledge in trading these two markets please help me with the correct Point /Tick increments for both Markets
FSXE - the tick size is 0.50 Euro , so is this .50 cents USD per tick?
the tick size is 0.50 index point
So does each 1 point move in the STOXX ( FSXE ) = $1 USD ?
Account size = $4,000 x .02% ( risk ) = $80
Entry = 4092.00 & Exit = 4121.00 = 29 ticks
$80 divided by ( 29 ticks x .50 = $14.50 ) = 5.5 contracts
rounded down I can trade 5 contracts ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
FDXS - the tick size is 1.00 Euro , so is this $1 USD per tick?
the tick size is 1.00 index point
So does each 1 point move in the STOXX ( FSXE ) = $1 USD ?
Account size = $4,000 x .02% ( risk ) = $80
Entry = 15514.00 & Exit = 15570.00 = 56 ticks
$80 divided by ( 56 ticks x $1 = $14.50 ) = 1.4 contracts
rounded down I can trade 1 contract ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
Really appreciate the help with these two Markets/Trading scenarios
Looking forward to trading them, hopefully by Next week
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