Search found 25 matches

by Moodaeng
Mon Apr 21, 2003 4:02 pm
Forum: Forex
Topic: Forex Basics
Replies: 21
Views: 22232

Damian, I am far from an expert, but I am not sure if it can be called a carry trade if you leave the FX risk open. Yes it can. Read first : http://www.investopedia.com/terms/c/currencycarrytrade.asp And then take look at the first JY1 graph at : http://www.speculative-investor.com/new/article311201...
by Moodaeng
Mon Apr 21, 2003 9:25 am
Forum: Forex
Topic: Forex Basics
Replies: 21
Views: 22232

Hi Damian, When I use the term carry trade, I mean borrowing in a low yielding currency, selling it short to buy a high yielding currency that you lend. So you take the FX Risk. In financial theory, this strategy should not yield profit in the long term - the interest rate differntial should be comp...
by Moodaeng
Mon Apr 21, 2003 4:57 am
Forum: Forex
Topic: Forex Basics
Replies: 21
Views: 22232

Damian, it may seem (very) insulting to say this, but I always found that it helped to think in the following terms when looking at a currency price: The currency on the left is the commodity, the currency on the right is the money. I use the same and it makes things easier - never try to borrow in ...
by Moodaeng
Sat Apr 19, 2003 4:07 pm
Forum: Forex
Topic: Electronic Spot Forex Markets
Replies: 14
Views: 15599

wcb, "What do you use for a data source when dealing with FXTrade? /" I use FxTrade's data feed. They provide a continous market on the crosses they quote. "Do they provide any type of historical OHLC data?/" Not that I am aware of. Their parent company provides high frequency data. http://www.olsen...
by Moodaeng
Thu Apr 17, 2003 9:59 am
Forum: Forex
Topic: Electronic Spot Forex Markets
Replies: 14
Views: 15599

I suggest you take a look at fxtrade (oanda.com)
No minimum trading size, very tight spreads, very intuitive platform and good support. I have used their "game" software for 1 month and have started trading real money since the beginning of the year. Very satisfied so far. :lol: