Wednesday, June 17, 2009

Monday, June 15, 2009

Monday Day Trading: Nice G6E (Euro Currency) Short Trade for $600 on 2 Contracts

Click on chart for a larger picture of the Euro Currency (G6E) Short Trade down to the Lower Average Daily Range.

If you haven't taken a look at the electronic currency futures markets, then I would highly recommend them. You see a lot of people talking about FOREX and how you can make money by just getting in the trade and going to sleep ... yeah right?!?!

In any case, the futures market offers ONE price not multiple prices like you see from all the forex dealers/brokers. It is the same as trying to get two economists to agree on the same thing ... it's NOT going to HAPPEN!!

Today's trade went for $600 on every 2 contracts or $300 for every contract today down to the LADR.

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Good Trades,

David AKA Tiger