I notice some charts posted use the CME data --- @EC --- is anyone using their futures for trading pairs vs. forex? If so could you list the pros and cons.
I go back and forth on this but I'll take a stab at it. CME has commisions and fees around 4.6$ a side and they are just a bid ask so that is a 1 pip spread and there is usually a deep pool of orders and many contracts traded. Forex has no fees and the spread is wider. I use Tradestation and the spread for the majors are usually 1.5 to 2 pips. So I guess is if you get filled on a limit you are making out but on a market you might pay more in pips and slippage. So if you are a high frequency trader CME might be better. Thoughts or I,m sorry if this is the wrong place to post this. Just trying to start out with the best set up . Thanks Joe