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

Symbol: 6B (CME)
Tick Value: .0001
Cost/Tick: $6.25 usd
Margin: $500 usd/contract

Benefits: Moves with the Dollar, Low cost per tick
Drawbacks: low cost per tick, periods of low volume
Best Time to Trade: 3:00am – 2:00pm EST

Favorite Pattern: Failures, Strength, Traps & Pullbacks

Click here for Pound Futures Contract Specifications on the Exchange Website

Grind-Break Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

Momentum Channel & Range Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

Fractal Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

Head-Fake Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

Trading with “Context” | Crude Oil, Emini, Nasdaq, Gold & Euro

Stop Missing the Best Trades | Crude Oil, Emini, Nasdaq, Gold & Euro

Earn More with Confirmation | Crude Oil, Emini, Nasdaq, Gold & Euro

4 Ways to Profit from Reversals | Crude Oil, Emini, Nasdaq, Gold & Euro