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It's fairly workable having said that. You can see a lot more of algos at work, that's fairly obvious, but other than the fact that Limits' sizes references are now off, it still is tradeable!
A little off-topic, but I can see a number of people from the UK, and it would be great to have more local connections (I am actually UK based as my profile doesn not suggest at all!) :-)
Don't trade 6E but the new tick size I would have thought needs an automatic doubling in the ATM's, a bit like when we switch between FDAX (0.5 tick) and FDXM (1 point == 1 tick) only the other way around.
In theory yes it should be simply a matter of doubling targets and stop loss when looking at it from a tick perspective, because the tick 'distance' has halved.
However I'm not sure it is so straightforward. It may be that a whole new batch of traders are now attracted to this product because of the higher granularity. And/or a whole batch of traders (perhaps big ones too) that were trading it are no longer interested. I remember Paul Rotter stopped trading the Schatz when they halved the tick size.
So, sometimes changing the tick size can affect the whole market dynamics.