Futures Trading: Currencies

One more for Cy although he's probably in bed haha watch 6B longs 1.4070

 

Overnight high of 1.4143. Gave up most of that +73 ticks. Now up 25 ticks

 

@Cy McCaffrey

 

Just depends. As of lately that's what's been hitting for me. Metals as well.

 

Not my go to trade but seeing if I can get a squeeze retracement short here

 

14 ticks. Better than nothing

 

You can only take what the market will give you. Was waiting to go long but needed something to happen for me first and price popped before. Oh well. Still watching.

 

this future trading currencies will be really intersting but how much time it would take inreal time

 

6J went a little nuts this morning....while I was working out....lol

 

USD hit resistance @ $95 area....now in consolidation...
if US markets continue up, then USD might finally start falling back to $91 / $89 support

 

USD still in a range, but now appears they may break it out to the upside due to Powell's comments yesterday.

 

yeah got tossed around in the aussie and euro. up a bunch down a bunch back to to 0. Will be checking them out tonight.

 

I should have stayed up last night. 6C & 6E got slammed . Hope you caught some of that.

 

I didn't. Was focused on a long /PA trade . Eyeing 6A long at the moment. Seeing what happens at 7434

 

lost 8 ticks on 6A.

 

Currency futures are a future contract where the underlying asset is a currency exchange rate, such as the Euro to US Dollar exchange rate, or the British Pound to US Dollar exchange rate.

 

Currency futures move in increments called ticks, and each tick of movement has a value.

 

6J pretty much range bound since 4/12/19....10 days of consolidation....should be a nice move eventually