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

Symbol: 6E (CME)
Tick Value: .0001
Cost/Tick: $12.50 usd
Margin: $500 usd/contract

Benefits: Moves with the Dollar, Lots of Liquidity, Wave patterns
Drawbacks: too much volume causes sideways chop

Best Time to Trade: 3:00am – 2:00pm EST
Favorite Pattern: Failures, Strength, Traps & Pullbacks

The euro is the largest currency futures market in the world, and its volume makes it a great opportunity for some impressive moves without the whipsaws of many of our other illiquid markets.

Some of my favorite trades on the Euro are at the highs and lows of the day. The dollar index correlation gives us clear signals for our trade entries, and if you can keep patient, the euro futures contract will reward you with big moves that don’t take a lot of capital to find opportunities.

Most of our futures brokers offer euro at only $500 margin requirement and very low round term commissions, so this is an excellent market for almost everyone, no matter where you live or your trade capital available.

We trade this market every day, so come see more in our trade room, and look out for the DX-Pattern which uses the dollar index futures correlation.

Here’s the direct link to the exchange: