Swedish krone options

[Mdtbyk]

hello
I'm looking for a product with good volume to trade usd.sek and that also has an option to hedge with options does anyone have good products ?

Thanks

 

[truetype]

FXS doesn't have much volume, but options on it are tradeable if you're patient. I've traded a few of then over the years.

 

[doggyfx]

hello
I'm looking for a product with good volume to trade usd.sek and that also has an option to hedge with options does anyone have good products ?

Thanks

Ameritrade(options)+Hotforex (CFD's). Nice combination providing that you know what you do.

 

[Esha.J]

FXS doesn't have much volume, but options on it are tradeable if you're patient. I've traded a few of then over the years.

Every trader has his own choice for trading. Might be he like it to work with it. Might be he is having good strategy for it.

 

[doggyfx]

Guys in your opinion, is it better to trade liquid major pairs, or try luck on crosses or even exotics like USD/NOK or USD/SEC. Are they easier to predict?

 

[Sig]

Guys in your opinion, is it better to trade liquid major pairs, or try luck on crosses or even exotics like USD/NOK or USD/SEC. Are they easier to predict?

I don't think anyone can provide anything more than a qualitative educated guess on if they're easier to predict. I would point out that if an exotic has a spread 50X wider than a major pair, it has to be easier to predict by a commiserate amount. It's up for you to determine how likely that is, but it seems like a pretty high hurdle to me.

 

[Esha.J]

Guys in your opinion, is it better to trade liquid major pairs, or try luck on crosses or even exotics like USD/NOK or USD/SEC. Are they easier to predict?

That is depend on your strategy and knowledge about this pairs, if we say yes that does not mean you can also trade it. My strategy is differ so you can not trade.

 

[doggyfx]

That is depend on your strategy and knowledge about this pairs, if we say yes that does not mean you can also trade it. My strategy is differ so you can not trade.

For your strategy is it better to trade majors or exotics?
Now you have no option but to take one side and give certain answer

Or leave it as it is.

 

[doggyfx]

I don't think anyone can provide anything more than a qualitative educated guess on if they're easier to predict. I would point out that if an exotic has a spread 50X wider than a major pair, it has to be easier to predict by a commiserate amount. It's up for you to determine how likely that is, but it seems like a pretty high hurdle to me.

Thanks and yes spreads always matter for long distance. IMO there are less winds that adds to exotics move since its about EM inflow or outflow as in the case with USDRUB but if you don't know well which factors are primary for certain exotic currency then you can be burned easily.

 

[Esha.J]

For your strategy is it better to trade majors or exotics?
Now you have no option but to take one side and give certain answer

Or leave it as it is.

Always trade majors, exotics not my choice for trading.