Recent content by ETW77

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    Why is there no volume on Forex?

    EBS volume on the currencies that trade on it are available...but obviously only to the member banks..some of the research they put out actually has the volume charts however
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    How many of the Elite are short?

    the paper millionaires were not trading "old economy" stox during the bubble....not going to get into my market manipulation diatribe...but also think it is was much easier for the PPT to keep up 30 stocks versus 50000
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    How many of the Elite are short?

    Has anyone bothered to compare the volume on the July move down in the S&P to the this current move up? If this market is so strong why are the Transports, Brokers, Semis and Russell acting so pathetic? Wreaks of distribution gentleman and a 4-yr cycle low is a coming.
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    How many of the Elite are short?

    and I love the paper millionaires who lose most of their net worths when a market actually declines more than 10% off its highs. Last I looked the Nasdaq (which was a true mania)is still about 50% away from the March 2001 high.
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    any prop forex firms out there ?

    SocGen has an interesting operation where they stake guys to come in and trade on EBS...but need to have some sort of institutional experience
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    any prop forex firms out there ?

    SocGen has an interesting operation where they stake guys to come in and trade on EBS...but need to have some sort of institutional experience
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    How to hedge currency risk as a retail?

    You would be surprised. Just need to have a brokerage account (with an actual broker) at at one of the wirehouses (ideally one tied to one of the money centers) With over a hundred K they are prb willing going to work with you. Hearing a lot of broker out there actually trying to do soley...
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    How to hedge currency risk as a retail?

    just talked to a mate of mine who works on the retail/private bank FX desk at a major institution. Quoted it to me at around 11% or about 22K. Figuring they add about a half a percent markup. Obviously a bit cheaper (bout 3K) if you do an option on the ATM fwd. Assuming if this person has...
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    How to hedge currency risk as a retail?

    yeah like I said was trading at about 18K (ex-the tack up in vol and commission) ...honestly not bad for a 5-yr protection with aussie at these levels...Don;t know what else you would adcvocate when your access to products is so limited like in retail. Obviously the bucket shops offers some...
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    How to hedge currency risk as a retail?

    did a quick calc on bloomberg...bit expensive, but may be worth the piece of minf ...5-yr ATM put going for about 9%...would expected the broker to tack un a bit to that though..good luck
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    How to hedge currency risk as a retail?

    Why don't you just do it through options? Vanilla AUD put/USD call should be realtively easy to do if you have an account with a bank's brokerage arm like SSB..they may even do a 5-yr fwd for you on that amount if you are a good enough customer
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    New Zealand Dollar Drops After Central Bank Sells Currency - where is George Soros ?

    Hmm..looks like the RBNZ came in at a pretty great level after all
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    Hedge Fund Performance: Media & Investor Hysteria

    LTCM almost brought down the system in 1998 and they mangaged less then 6 yards...it is something worth monitoiring...this PB situation looks like a ticking time bomb
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    Motivational Quotes for Traders

    "it takes courage to be a pig" -George Soros
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    Fiat currency and fractional reserve banking

    this should shed some light... http://www.halexandria.org/dward297.htm
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