As the blog title suggest, I only focus on Commodities Futures. More specifically, Crude oil (Symbol CL) and Gold (symbol GC). I pretty much ignore everything else.
The reasons are as follows:
(1) They never let me down in terms of intra day volatility. This is important because as an intra day trader, I want an instrument that gives me moves and setups every session.
(2) Decent volume, but not excessive volume, like the Euro (6E) and E-mini's (ES). This is important because I can reasonably expect my targets to be filled quicky if I execute my trades properly. The 6E and ES has too much volume and it takes too long for targets to be filled. I traded the 6E for 12 months and decided to give up as it was too slow and sloppy once my order is filled.
(3) Clean patterns. I will talk more about the setups and patterns I look for every session. What I want is an instrument where my favourite setups emerge and work out consistently.
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