Recent content by Mynameistom

  1. M

    When did curreny pairs first begin trading?

    end of the Smithsonian agreement finally, my econ degree comes to use. I'd look up the end of the brettonwoods and Smithsonian agreement. the current incarnation of the interbank market (free floating for the majors, nothing backed by gold or anything other than our trust in our...
  2. M

    Professional profits

    i think that would also depends on what type of professional we are talking about. I'd imagine many big funds linked to big banks could make a lot of money off 'insider information' (which of course is legal in fx). You get an order from some fund you know if profitable for 100 million...
  3. M

    Spot Forex Spread/Hedge

    for the example I gave above (see 10/19 4:00 PM-ISH), I am convinced there is no real arbitage opportunity. I like trades that like that example because it goes after moves that are less obvious to most traders, and therefore possibly less attacked away by market partisipant. But I realistically...
  4. M

    Spot Forex Spread/Hedge

    Yeah, it seems the market is efficient enought to ensure you'll never find a good interest arbitage opportunity in spot fx. Spread trading in futures is one thing, but another completely in FX. I found this little article that makes it more or less clearer...
  5. M

    Is anyone using this? Is this for real?

    I'd just find out the minimum at Gain Cap, and open an account with that. I can't seem to find anything about fx chat on forex.com's website - but hopefully opening a new account is all you need to do to get the feature you're looking for. Hopefully you won't need to leave FXDD to get the...
  6. M

    Will the Fed pause on Tuesday?

    I know I am slowly turning into the Foreign exchange centric guy here, but I got the following add to this thread. First: http://www.cbot.com/cbot/pub/cont_detail/0,3206,991+23425,00.html Starting a week before the FOMC decides on interest rates (after what I'm told is a fine continental...
  7. M

    Borrowing money from Japanese Banks

    I am not entirely sure I am answering the intent behind the first question, or where the thread has evolved to, but the carry trade is extremely easy to initiate. <b>in nitty-gritty details </b> - long any of the following currencies USD (5.25% yield), EUR (3.25), AUD(6), NZD(7.25)...
  8. M

    Advice on Charts

    Good point, I can see there are many charts out there and the 'best' depends on my preferences. Overall I'd prefer to spend as little as possible, but realistic seems to be $200 a month or less. In addition to all the basics of time frames and indicators - I'm looking for an easy way to edit...
  9. M

    Candlesticks & stuff

    Brownsfan prettimuch sums up a near all of it. I think any candlestick trader will tell you to always use candles formations to either confirm your signal - Or use candles for signals, but always confirm by an alternate system. In general – as I think the overall point of this post drives...
  10. M

    Advice on Charts

    Howdy all, I seek a bit of advice if you have it. I've been demo trading with FXCM, Oanda & MB Trading for a bit now. All that is coming along fine, albeit slow. But where I am lacking is in good charts. I'm looking for a good place to try out all the different pay-for-it charting...
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