Recent content by leo11

I think the dollar will strengthen but not because of it's own strength. The global economy is obviously weakening and since the currrency crosses are relative to one another the dollar will strengthen in comparison. Most of the commodities have lost about half of their value already with much...

The foreign markets took a beating last night with the Hong Kong market losing over 12%. The US markets managed to avoid a steep sell-off with the release of a better than expected new home sales report. The market sold off in the final hour of trading but not nearly as bad as the foreign...

Any kind of trading CAN be profitable. I made 41% last month daytrading and didn't trade 4 of the days. I had 1 losing day so it was a low stress way of trading for me. Most like the home runs and I take my hat off to them. I'm for consistant money.

I don't know if you're interested in short trades so let me know. I don't know if you want currencies from the futures or not. I trade the forex also but didn't do this particular trade on the forex too. Bought ECU08 @1.4690 at 7:41 and exited 1.4698 at 7:51 sorry about the resolution but...

I trade all of them but am most comfortable with the euro because of the high volume compared to the rest. I don't really exclude too much in my trading. I find if I don't have a lot of diversification that my requirements for a trade seem to deteriorate a little. I traded five year notes...

I'm sitting in the middle of the Arizona desert making a living doing this. Don't think it is easy though.

I agree with your opinion on the cme contract being superior to the forex. I have a couple of forex accounts that I trade but prefer the futures. They are regulated and you don't have to take the spread into consideration. I only trade the forex so I have an actual record of filled orders to...

In my humble opinion I would suggest you go to school and study this in your spare time. Open a demo account for fun. I quit my job in 1981 with 8 kids because I made more money in trading than working. Beginners luck. I was back to work in 6 months. I am trading at home now and have been...

I trade daily and 2 minute charts and am not in the market for any length of time. I take a little and leave. I know it's a departure from a lot of trading styles but it works. sold ecu08 @ 1.4813 at 6:41 and exited 90 seconds later with 4 tics. I trade everything this way. eminis, all...