I guess what needs to be done is graphing the spread between the currency future and the currency spot. We can then look for peaks and troughs for a high probability spread trade.
How did you figure out 0.0057 was a good spread to enter?
I believe that is the only risk and with the currency spot and futures highly correlated, then i'm sure it is possible to do this spread trading.
Please pm if you want to work on this project with me. We could test all the different currency futures / spot.
I know people who do the...
No i have not looked at it yet. Is it a liquid market? Do you trade CME currency options? Where am I able to trade these?
I was looking into the spread trading of futures and spot currency.
I just want to make sure that i am thinking this correctly.
If for example,
I buy 1 ADZ8 (Aus dollar Dec8 contract, $12.50 a point) and sell 125,000 spot AUD/USD with a spread of 70.
And after 1 day i unwind at a spread of 52.
Will this still make money? Or is cost of carry too much...
Hi guys,
I'm located in Kellyville, Sydney but my day job is at Wynyard. I'm a young 23 yr old trader and would love to network with other traders from Sydney.
Thanks,
smiley486
Hi,
I'm 23 yrs old and currently employed as a junior trader for a hedge fund in Sydney.
I was wondering what sort of education should I do externally to help me wth trading/portfolio management?
I am currently enrolled in Masters of Quantitative finance but as I trade in equities at...