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at IB you actually hold the balance. You can even send/recieve wires in the currency.

not that it matters now... the futures are currently trading at 113 '06 up 6 ticks since the cash close

Where did you see this? $TNX closed @ 4.037

Drug Money...they have to put it somewhere. According to the chart in the pdf file there have been large purchases since at least 2001 and probably more of the same before that. It shows that the carribean banks are holding way more than Japan and all other asian countries combined. The...

The idea is brought up in this article, as well as many others, that the yuan peg has forced the euro to absorb the brunt of the devalued dollar. I've seen this stated many times but never explained. How could this be and why is it accepted as fact? Any ideas?

Anyone know if there is a Bund version of TNX quote? (the cash yield of the bund)

Making that kind of money he should have been ready to flee if the heat was on. That's why he's a dumb bastard and is getting what he deserved. He could be livin' it up anywhere south of the border but now he gets to make some new "friends" in prison.

This has happened before right at 2pm EST, when the euro stock markets have just closed. EuroSToxx & DAX trading ends at 2pm EST. I'm wondering if it's a play between the US mkts and tommorows euro open? If these price levels hold there is bound to be a gap up in the EuroStoxx & DAX.

Hopefully you're getting started at a good time. Check out the quarterly chart of the GBP/USD attached. This system likely would have profited handsomely from 1987 to 1992 as the pair was range bound between 1.50 - 2.00 I haven't heard you mention it directly so I'll just say one...

Maybe you should read the story of LTCM. They had what they thought was a sure thing, they had diversification, and they had money management.

Electric, I wish you the best of luck but I have to agree with Jason. By trying to prove that trading is not gambling you are trying to prove that it is possible to make money without risk. There is no free lunch in the market. You mention yourself you are not worried about the...

That guy was simply short the EUR/AUD which was going down during that time period

I thought that you said that you couldn't backtest this system. How did you arrive at 100% ROI? Also it seems as though the system is 100% mechanical based on prior data so it should be easy to backtest. Time consuming but not difficult.

From that same website: Currencies Correlation The following tables represents the currencies correlation.The correlation coefficient show the moves similarity between pairs. If the correlation is high (above 80) and positive then the currencies move in the same way. If the correlation...

In this example you have 11 points realized profit at the end of the price series. By my calculations you would also be long 4 contracts & short 2 with an unrealized loss of -7. You can check my math in the attached spreadsheet if you disagree. In a choppy market I can see how this...

I skimmed through the previous post and voted in the poll. Then after reading the above post from you I skimmed through the rest of this post to make sure no one else had pointed out the error to you before I made any comments. I believe I see what your trying to do and I think there are...

The three pairs there represent a "perfect" hedge but in so doing they also rule out any possibility of profit. Because in being perfectly hedged the gains in one part exactly offset losses in the others. So your left losing the bid-ask spread on both the trades & the interest rates.

Fridays closes 1.2872 (EUR/USD) * 1.1951 (USD/CHF) = 1.5384 (EUR/CHF) Right now it seems your are long EUR/USD & USD/CHF. That is the only way to get the balances you show. Short CHF 22,043.92 Long EUR 14,875 Short USD 1,342.78 if you sell 14875 EUR/CHF @ 1.5384 you would then...

That looks like you are long both EUR/USD & USD/CHF. Being long both pairs is the same as being long EUR/CHF

There is no balance to be found. these two pairs move together but in opposite directions because of the way they are quoted. EUR/USD = dollars per euro USD/CHF = CHF per dollar If you buy one and sell the other both positions will gain/lose the same based on what the dollar does.