CME

Technique

Hand with all fingers half open and pointing downwards.

Origin

As if the hand is making orange juice with a juicer.

Orange - Year 7

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Most futures and options contracts extend out a couple years but in certain cases like Eurodollars, up to ten years. When contracts beyond the immediate year are quoted, it's the year (red, green, gold, etc...) first and then the month comes next.

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Debrouillard Group, tradingpithistory.com