Recent content by Cadence

I think for mini Dow, the contract is quite liquid, so any limit order should likely be filled if the price is traded.

I am not to familiar trading spreads since I am more of a directional trader. And yes, even though I trade on primarily on price, I do look a little at the fundamentals - news on the plantings, weather conditions etc so as not to get a nasty price shock. Thanks for the advice.

Yah, I was looking at the dec contract yesterday and today - looks weak. I might want to give it a few more days , if it doesn't go up, I will just cut my position.

I just started trading corn futures and am more of a technical than fundamental trader. Hence I got in at the recent pop up with a stop below the previous low at $3 with a medium term view. I was thinking $3 would be pretty much good support because if prices do indeed fall below that...

Anybody got a view on corn? I reckon with the USD sliding and with crude likely to start moving upwards, corn might just do the same like what happened at the last run up to $7. Anybody got a different view otherwise?

Paul Tudor Jones is a trend follower right? Does he really care about the fundamentals?

Hi guys, Just wanted to find out more about a position I saw in the papers. It's a bank position for FX prop trading. Essentially to generate income for the bank through FX trading. I am just wondering how FX prop works in the banks. Do they give you discretion to trade whatever...