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What I meant was, the moves in EC are identical to the moves in EUR/USD so any discussion of technical or fundamental influences on EUR/USD apply equally to EC. There are even CME "e-quivalents" which convert their EC price to the EUR/USD spot price. EC is just another way of trading EUR/USD. What sort of discussions did you have in mind? |
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notouch - As my original post states, I simply wanted to provide a post that summarizes trading the EC futures contract since after I entered the TL chat room and found out that noone was trading the contract there. I've been trading it for well over a year after I found out about it and it's been a critical addition to my trading instruments. If I had to pick just one, I would probably take the EC over anything else - indexes included.
As for discussions, that's up to anyone here that is interested in discussing the EC contract. Like I said, this thread is not the place for EC vs. Spot - Buk already pointed out another thread that deals with that topic. This thread is all about the EC and the EC only. If noone else wants to discuss it, so be it, but at least it's here and available for future reference to traders.