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Not sure, but I would imagine that they might have some purely directional traders and I would doubt that you would need to put up money. Looking a little deeper I saw that Transmarket Group and Goldenberg, Hehmeyer (GHCO) also have offices in NY -

I'm in Chicago - Wolverine Trading has an office in New York, you might check them out -

What city do you live in?

If you stick to your plan you've got a clean conscience at the end of the day, regardless of whether you made money or not -

I am a big fan of using Fibonacci levels - and they often come into play in the market I trade most, the Euro -

Hey sysre - Metatrader is a hugely popular platform for auto trading spot forex. Strategy Runner and Tradestation also offer fully automated trading in the fx market.

Looking to start a local traders group meeting - anyone interested feel free to message me or reply on this thread!

I think today was the toughest day for me in the last two weeks, but there was also a boatload of opportunity. Today I relied on momentum reversals more than the EMA crosses for entries. The upmoves were extremely violent - not surprising considering we are near record highs. Did one last...

Hey Derek - welcome to the forum. I'm also from Chicago and trade forex. I think some of the advice above is right on - take your time to educate yourself, don't quit the day job till you're really properly set up and remember that probably the #1 killer of newbie fx traders is...

Got long this morning off anticipation of the 5 and 10 EMA cross, got confirmation from RSI crossing 50. Scaled out and was flat for Initial Claims at 7:30. Net reslut: +14 pips. Wrapping it up early today, headed to meet Jack Broz of the Marlin Letter down at the CBOT.

Great news : )

Started positioning myself long this morning off support levels on the longer term charts - RSI was also oversold there...stayed out for the CPI release but got back in shortly after...got bullish confirmation from the EMA cross and RSI and tentatively was looking for price to reach the 50 on...

Oil futures prices have shot back above $100 a barrel for the first time since Jan. 3. A weekend refinery explosion in Texas and the possibility that OPEC will cut production next month are driving prices higher, although analysts say there isn't a single factor to explain the move...

Got short around 7AM CST off an inside bar breakout - never got the expected follow through and was forced out of this trade. Later got short off bearish EMA cross - this trade worked out and I took profits early. Finally, took a small position off the bullish EMA cross and was able to catch a...

I'm looking at the sizeable 12% interest rate differential on the USD/TRY currency pair. I'm thinking this might be a good time to look to position myself short in the USD/TRY to participate in Turkey's economic development over the next year or so -

Today's trading: around 7AM CST entered long off bullish EMA cross - RSI was unable to cross 50 - got a little chopped here costing me about 8 pips...entered long at 1.4623 off bullish divergence between RSI and price....EUR spiked up and we got bullish confirmation with EMA cross and RSI...

Sounds like an ideal place - plan to make a visit down there and will report back!

The spread is 1.2 pips at my broker in the EUR which is pretty good IMO. One of the great things about the forex market is that there is alot of volatility - providing many trading opportunities. Being the largest market in the world it is also extremely liquid. I just trade the London/New York...

I think old Jesse said it pretty well in Reminiscences: 'I will say this again, I never made my money trading; I made my money by sitting tight.'

Euro rocked up this morning - I entered long at around 7:15 - there was not to much heat on the downside in this trade, and my exit was simply based on having reached a target number of pips for the day. Was out late last night so am going to wrap the trading week up a little early today. End...