Looks like the trend is beginning to change. This particular market is the only one I will stay in overnight. Because it moves at a snail's pace.
That’s an interest rate vehicle and I believe it’s a huge market. I’m not sure I’m referring to it correctly
I don’t trade it but I understand it is a very slow moving contract regarding value change.
Somewhat. Its the value of the dollar invested in Euros. Which are pretty stable across the countries that are using Euros. Which is why it moves so slowly. And sometimes not moving enough to be holding it. I only get into it when it breaks it's sideways pattern, into an up or down trend. Since the margin is so low due to low volitility, it's easy to trade multiple contracts. I usually trade 5-10 at a time.