I was told to use this when trading, but I can't figure out what the difference is except that there are more tick bars on the tick charts.
Any help would be appreciated.
Edit: I found out from google that this was actually a futures contract for the euro. Also, the EC in ECU08 apparently means pit traded and there is another one that is also euro, that is 6E, that means it is traded on globex. So I am still confused if anyone can help. How is this better than regular forex exchange and what does "pit traded" and globex mean?
Any help would be appreciated.
Edit: I found out from google that this was actually a futures contract for the euro. Also, the EC in ECU08 apparently means pit traded and there is another one that is also euro, that is 6E, that means it is traded on globex. So I am still confused if anyone can help. How is this better than regular forex exchange and what does "pit traded" and globex mean?