Re: Futures of Foreign Exchanges
Today it occurred to me that there are foreign exchange futures. I always knew, but I had never connected the points. Has anyone found it useful to follow the foreign exchange futures to identify trends? And if so, how do they work together? 69.3% of all statistics are invented at the time.
Re: Futures of Foreign Exchanges
37 views and no comments. There should be no correlation here. 69.3% of all statistics are invented at the time.
Re: Futures of Foreign Exchanges
Why don't you just operate future currencies? Look at it here: http://cbot.com http://www.cme.com Compare the graphics and see what you can get out of it.
Re: Futures of Foreign Exchanges
For those who are discouraged by the inverted scale compared to the spot or premium/discount by the delivery date, the CME has a quote page equivalent to the spot: http://equivalentsrdc.cme.com:443/index.html I agree that they are much better than the market makers of the forex spot for the vast majority of retail speculators in the six major currencies than the USD.
Re: Futures of Foreign Exchanges
An excellent resource for those interested in foreign exchange futures is a free course offered by the CME called The Dynamics of the Currency Market. It is a new course and has seemed to me to be a good introduction. The course covers: FX History and Concepts Operate Futures and FX Options at the CME Currency Price Formation: Spot, Futures and Cross Types How to Use the Equivalents of the CME Coverage with FX Fundamental and Technical Analysis Concepts in the FX Markets Basic Trading Strategies in FX Special features of the online version of this course include: Online Reviews and Questionnaires Contact with CME Trainers Interactive Forum to Ask Questions to Other Students and Trainers Possibility to Get a CME Achievement Certificate The best thing is that it is FREE. Online Course of the CME a fool and his money are easily separated
Re: Futures of Foreign Exchanges
I wasn't really interested in operating FX futures. And here's why: unless things have changed in the last 5 years (and probably yes
Re: Futures of Foreign Exchanges
Just out of curiosity, what broker do you use to operate futures and why did you choose it? How much higher are the margin requirements in futures versus the forex? I’ve been interested in futures for some time, but I’ve never looked at them well. When you operate futures, aren’t they open 24 hours as the forex, right? I’ve been looking at graphics like gold and oil and seem easy to operate compared to currencies lately; they’re only going in one direction: TOP. There are many predictions that gold will reach $800 and oil at $100 soon. Would it be cheaper to operate gold on spot than in futures? Is there anything like spot oil?
Re: Futures of Foreign Exchanges
Check this thread, we're discussing currency futures... relax and be happy.
Re: Futures of Foreign Exchanges
If you don't understand the futures, you'd better not come near: it's the place where newbies leave their money.
Re: Futures of Foreign Exchanges
I'm running foreign exchange futures years ago and I'm telling you, there's a correlation, but you have to understand the base.