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Friday, September 14, 2012

Currency Intervention Has Massive Effect

When I've seen currency intervention, it moves the market enormously.

Is this an accurate heads up on intervention?  Wouldn't that be nice!

Japan would sell Yen to lower it and that would be huge.

The last two times I've seen it, it was stunning.  Hundreds of points on the futures contract, 6j, went by.

Here is article link on Marketwatch:

http://www.marketwatch.com/story/japan-goes-on-intervention-watch-after-feds-qe3-2012-09-13


Sunday, September 9, 2012

Forex Trade With Small Gain

I'm new to Forex so I'm still trading very small size.  What's nice is IBFX allows me to divide up the lot size even with my mini lot sized account.

Here's the trade I'm still currently in, but gain is fading since the momentum has decreased a lot.  But I did take half of the position at the higher gain amount which feels really good.


Saturday, September 8, 2012

Forex

I may be changing the title to jaytrades futures and forex.  I got a forex account extremely quick and easy.  I'm lovin' it!