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First, trading options is a viable form of serious income. Yes, you can trade options but you need to be careful what you trade. If you want to, trade the overall market options (QQQQ, SPY). These are as liquid as options get and provide reasonable spreads. Second, the spreads are huge...

I agree - it wasn't on the idea that 'it has to happen now'. For one, the EUR/USD has seen a somewhat decent directional parity with the stock markets recently. The markets are headed down for a few days in my opinion. People are talking about the USD being the new carry currency. It has...

SDS has performed exceptionally in the ST. It's an Ultrashort S&P 500 ETF

I've sold the Euro and gone long the USD on a short term trade. I expect a minor correction down to 1.5050 - 1.5100. Comments? Suggestions? Am I crazy to think the vertical advance can take a minor break? Dave <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1812450>

Try opening a forex account or a straight up foreign bank account. If you're quite worried then deal with paying the exrate now and convert. A forex account will allow you to hold foreign currencies as long as you have the capital in the account to withstand any bullish USD swings.

GBP/USD (2 trades) +85 pips +43 pips CTX (1 trade) -2.53%

Market-neutral is an excellent spot to be right now.

While patience is certainly a virtue, I would consider it worth the value to trade Forex trading with a minimal amount of dough. Use $100, open an account here ( http://dgreatly.blogspot.com/ ) there's a link at the bottom, and test it out. I'm doing that with $125 right now to make sure the...

Where does it go from here? I've included a chart I'd like people to comment on. I'm considering holding my open position for a LT (2.03 - 2.04 range). Comments? Suggestions? Dave <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1811277>

I already posted this in retail but I figured it would be prudent to do so here as well. I'm launching a website in approximately 30 - 45 days. Much of the site will be devoted to professional career paths and there will also be a finance section. Do any firms have a well developed affiliate...

Who was on the other side of those trades? They're eating steak and baby seal for dinner tonight.

anyone willing to post an intraday graph of the moves? I don't have access to those charts

so what does the divergence mean? false rally?

What's the trading environment like from 4:30am - 6:30am EST? Does anyone trade this time or have you? Is it going to be liquid enough and active enough to be worthwhile? Thanks Dave

WRONG This was caused because the Fed kept rates too high for too long. Initially, yes, the Fed created the bubble by keeping rates low. HOWEVER, what's happening now could have been lessened had the Fed not been so data-dependent and began lowering rates sooner, and more incrementally.

Excellent. I'm opening my account in a week if not sooner. Once I'm up and running I'll be posting.

Bloomberg

another question if you all don't mind: this may again be a personal decision but is it more consistent to predict reversals or ride the current wave?

Is this a good place to start a daily P&L journal for e-Mini traders? I think it would be interesting to see results. Feel free to post net points or $ value as you prefer. All The Best Dave

Solid advice, Cocaine, and I will heed it.