thanks for the help gentlemen! houdini, you said that you are trading around the position... what exactly are you doing?? my thought was that i convert my dollars to australian dollars, buy the aussie bonds, then sell rallies in AUDUSD to hedge ...

When to Convert USD to AUD

Top Bloke thanks very much for the info! australia is looking like a great place to put some savings right now, ive been looking into it ever since Houdini brought it up. the only thing im worried about is my feeling that the dollar will strengthen, ...

When to Convert USD to AUD

its written by the former fed chairman!! there can be no better pitch! yes, every single chapter. obviously currencies are all about interest rates, and the fed sets fed funds rates so this could possibly be the best book a currency trader can ...

greenspan still has excellent timing

very keen observation iso! im always up for a debate one possible contentious opinion i developed while reading the book is that greenspan was too politically involved to be tapped for the fed chair. things ended up working out well, but i dont ...

greenspan still has excellent timing

i finally found some time to sit down with this book over the holiday. all i can say is WOW! what an amazingly insightful book!! ive always been a big greenspan fan, but now my admiration for the man has doubled. id argue he is the WORLDS most ...

greenspan still has excellent timing

the major reason that commodity markets are born is because of the need to hedge. for instance, the currency market exists because corporations, governments, etc, all need hedge their currency risk. the speculators (thats us!) are only the grease of ...

Trading the Supermodel Indicator

wow thats damn good! a heck of a lot better than the measly 3.X% im getting on my tbills if you dont mind dropping me an email with some details, i would much appriciate it

When to Convert USD to AUD

this is a common misconception born from the lack of understanding for statistics and probabilities. dice have no memory, and most of the time, trading systems dont either.

Stacking the odds ..yes we do need luck

hey FXAnalytics, we moved this thread to the beginner forum because of the title (cant have these kinds of titles showing up on the homepage, other than the +1K-100K in a week" thread, because that one is actually real). if you dont mind changing ...

$100 to $100K in 1 year...

LOL!! the fed is making all the right moves lately, seem to be pleasing almost everyone which is a near impossible feat in times like these. im telling you cesar, this guy is going down in history along side greenspan! :

Is Bernanke next on the hitlist?

last time i checked markets go sideways most of the time.

ASK Yourself

do you happen to have any data on this?

When to Convert USD to AUD

i would take it even further than that - i believe interest rate expectations are the #1 factor in the value of a currency. they are the "thin slice" of currencies. ive spoken a few times of the fundies model that i use... stronger economy > higher ...

When to Convert USD to AUD

yeah i agree. until someone comes up with a silver bullet, these environmental products are going to gain huge popularity. i smell a trade idea... do a pairs trade...get long the exchange that is offering the most environmental products, and short ...

Trading the Supermodel Indicator

thanks for the insights phil. what kinds of emissions products do they have?? is this on an exchange, or an OTC market?

Trading the Supermodel Indicator

i am proud to say i have lost NO digits during financial bets. my nubs are from bets with my wife

Is Bernanke next on the hitlist?

oh i forgot one more reason bernanke wont be fired.... in most every meeting, all of the board members vote along with bernanke (the only dissenters that appeared wanted higher rates, not lower). so to fire bernanke is to fire the entire FOMC!

Is Bernanke next on the hitlist?

sure, the "market" may call for bernanke's head (already has been), but the market calls for all kinds of crazy shit LOL. for real action to be taken, we would need someone to champion the cause, and i cant think of anyone who has the political ...

Is Bernanke next on the hitlist?

ok im going to stick very close to the subject so cesar doesnt yell at me LOL (thanks for posting here btw, i really wanted to respond to this!! ) seriously though... is it plausible that that bernanke could get booted?? well, it never even ...

Is Bernanke next on the hitlist?

wow, beautiful post houdini. its very apparent that you are in touch with your inner trader LOL. people are always surprised to see how much financial garbage i consume, they say things like "oh those talking heads dont even trade". and yeah i ...

Technically, I'm asking a fundamental question ;)