Aussie Futures Contract Specifications; tick value, margin requirements, round term commissions

Symbol: 6A (CME)
Tick Value: .0001
Cost/Tick: $10.00 usd
Margin: $500 usd/contract

Benefits: great moves, not too much volume, overnight trading in US time zones
Drawbacks: can be low volume during US session open

Best Time to Trade: 3:00am – 1230pm
Favorite Pattern: Euro Correlation, reversal on 21-range chart at HOD/LOD
Favorite Timeframes: 13-Range for Day Trading, 21 & 34-Range for Swing Trading

The mighty Aussie dollar is known for being an excellent market for overnight trading for most of the trading world.

While the markets close in the US and Europe they are opening in Australia, and that’s when night owls here in the US look for big opportunities.

Look for reversals on a 21-range chart of the Aussie dollar for easy day trading opportunities between 9pm and 7am EST.

You will see decent moves on the Aussie futures contract during the US morning session, but watch for volume drying up after the morning news passes.

Click here for Aussie Dollar Futures Contract Specifications on the Exchange Website