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It's typical ... as soon as I liquidate my USD it moves against me ! New strategy. Maintain 50% USD 50% AUD I am now immune to currency movements ! Adjust as required if I see any long term trends. Plan ? BTW thanks a lot for all the advice guys. You fellas are gold and this is the go to forum...

I understand. I can't trade forex on my IRA. No margin. Thinking about this a little more and taking the advice of one of the other posters I think I will just liquidate my USA into AUD. This is legal.

I just got another daily trade report. Up $1264.87 AUD on AMD last night. Down $1495.87 on USD ..... Treading water. There has to be a way.

I am not trading currencies. I can convert to AUD at any time I am not in a trade. I guess that is the option. The only problem with that is settlement. I have a lot just sitting in cash so I can get in and out quickly. (no margin). T+2 and that cash gets tied up pretty quickly. I have been...

It depends on what you want. tradingview.com has an amazing community behind it. Chock full of ideas etc. Free to try if you don't mind adds.

I am an Aussie trading in US equities and making a fairly decent profit. For most of this year it's been an easy ride with the forex AUD/USD being a wind at my back. I am now facing a head wind as the Aussie Dollar is going up. Maybe not for long .. but who knows. I make daily profits only to...

No I am sure it's not new. But what does the IB explanation mean ...exactly.

I just had a rather strange tick go through on WDAY. It hit my stop but did not execute. I am glad it didn't and I am not complaining because the market continued to rise. It does screw with any TA though. Anyone wanting to look at it. It was at 10:02 The bar is showing a large move down to...

Thanks DaveV, I am already looking at SH which seems to be similar to the two above. Anything that is holding futures seems to be classified as an ETN not an ETF, would I be correct in saying that ?

Looking for a little advice on just what the options are for shorting this market. My account is cash only and I don't have the option and don't really want to directly short stocks. So I had a look around at some stuff and found the inverse ETN's ... I had a bit of a punt on the TVIX and did...

Yar.. Only interested in US equities. That broker is the one that takes the paperwork then does nothing with it. They are not really interested I am guessing. ASX trading is too expensive compared to IB. I am spoilt.

Yup... all agreed there. Hence why I don't trade Aussie stocks. Trades too expensive and market liquidity is too thin except for the largest stocks. Comsec, ANZ and all the rest want gold per trade, for what ? Jebuz. Stuff that. Gummint ? which gummint ? I lose track.

The real problem is finding a LARGE broker here in Oz. IB are about the only one. CS is not even processing my application even though they say that they do us Aussies.

Isn't there a problem with this approach ? ie: you have to have your computer on all the time. No connectivity problems etc.

Apart from the fact that the liquidity and the spreads are not very "realistic" in the sense that when the market actually opens it tends to jump quite far away from these prices. At least, that's my experience. Your mileage may vary. Good to possibly get an indication of which way it might...

Thanks for the info. As I said in the OP I am after a large cap broker.

Ok.. so I guess the question for you is. You are listed ? If so what is your symbol and market cap ? As I said in the first post I am only interested in a large cap broker.

Great. So no order desk ? Right ? What DMA software do you offer ?

Oh... ok. Thanks for the explanation. I don't need margin. Cash account only.

At the risk of appearing stupid. PMA ? As for 175k .. is that a continuous account size including holdings ? If it goes down what happens ?