Globex
Currency Symbols
by Howard Arrington
On 03-25-2001 Globex started using these symbols for
currencies. The Globex currency symbol trades side-by-side
with the regular CME symbol. The Globex symbols typically
use the first letter of the CME symbol, preceded by a digit
6. There is also an e-mini contract for the Japanese Yen
and Euro Forex that uses a digit 7.
6B British Pound
6C Canadian Dollar
6J Japanese Yen
7J mini Japanese Yen
6S Swiss Franc
6A Australian Dollar
6E Euro Forex |
7E mini Euro Forex
6F French Franc
6M Mexican Peso
6N New Zealand Dollar
6R Russian Rubble
6Z South African Zulu
6L Brazilian Real |
Example: 6B M1 is the Globex British
Pound, June 2001 contract.
The Globex currency symbols trade in the same price range
and decimal placement as their CME counterparts.
Trading Tip:
Pyrapoint Update
by Howard Arrington
The
January 2001 issue of Trading Tips had an article
on the Pyrapoint tool. The example used in that article was
the JNPR daily chart. I thought you would like an update
on how JNPR has continued to walk the Pyrapoint framework of
diagonal trend channels, horizontal support and resistance
levels, and turns occurring on vertical lines at the end of
squares. The summary statement given in the January
article is repeated here. The more you study the
example, the more impressed I think you will be with this
tool.
Our January example was through the end of
the 5th square marked by the 62 to 59 vertical blue line. I
was amazed at how JNPR walked down the red diagonal lines to
turn on the -1800 horizontal (tenth rotation of 180 degrees)
and at the end of the 12th square marked by the 119-116
vertical line on April 3rd. The actual low day was April
4th. Amazing indeed! (Sorry the closeness of the bar
spacing causes the 120 label to overwrite the 116 label
which is below the low turning point.) Please reread and
review the material about Pyrapoint in the |