Be aware...

Quote from Standard Oil:


Why trade an unregulated market filled with crooks, when you can trade a regulated market and the crooks (for the most part) have to follow the rules with everyone else.
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Trading spot fx isn't compulsory, you always have a choice!

The carry trade is alive and kicking, it's just a bit subdued at the moment due to risk aversion and low'ish yield, it'll be back....who wouldn't want a return on money they don't actually have! :)
 
"Why trade an unregulated market filled with crooks, when you can trade a regulated market and the crooks (for the most part) have to follow the rules with everyone else."

Tell that to the Jap punters who got f^&ked this week on the regulated TFX because the exchange set a wrong closing rate in ZARJPY and triggered a load of stops and margin calls on Monday.

The beauty of FX is that it is a big eenough pie for various models to exist. It's horses for courses.If you want to trade on CME - fine. If you don't - fine.
 
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