Good Morning..
Some very interesting moves in the currency markets of late(We trade mainly front month contracts on the Globex.)
The Aussie Dollar has moved higher over the last few days and accelerated after the the Reserve Bank of Australia said that unemployment was at it's lowest level...
STRADDLE - JULY WHEAT (Buy July 480 puts and calls)
The wheat markets made an explosive $2/bu move from Mid-August to Mid-October but have since settled down into a corrective and consolidative move. Implied Volatilites in the Chicago Wheat have reached relatively low levels which could...
Hey Indy,
A managed account is probably a good idea. Make sure you pull the plug on whoever is running the money at a specific percentage so that your risk capital doesn't get run into the ground.
BREAKOUT: SELL AUSSIE DOLLAR
That may well be overly dramatic a title to suggest that we see a downdraft coming up in the Australian Dollar. But our charts are telling us that it may not be too far fetched. The Aussie was unflatteringly known as the âPacific Pesoâ in 2001, but has since...
Hey there Elite Traders,
This is a journal (excuse the innuendo'd name) for new and experienced traders alike. We will trade most every market â from Crude Oil all the way down to Rough Rice.
Our trading is focused on three areas as determined by duration:
1) Short-term strategies...