DislikedI think they want to draw nice picture for your trading platform, a mountain ,a valley and a corral reefs nowIgnored
The Thief of Wall Street
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedI think they want to draw nice picture for your trading platform, a mountain ,a valley and a corral reefs nowIgnored
DislikedMountains give me feeling of strength, valleys that of peace, but scuba diving gives me fear of stepping on a two-foot crab. Hope to come safely out of these coral reefs. My thumb is up, but no one is pulling me up.Ignored
DislikedI don't know what option relation to the forex market some traders say there are supports at 1.38-1.39 due option play. What is option anyway can anyone explain to me?Ignored
DislikedI have a current long on a pair and tried to put in a pending order for a short but it says on my system that "Hedge is Prohibited". Do you guys face the same problem on your platform too or is this a universal thing?Ignored
DislikedHedging became prohibited in the USA about a month or two ago. You need to find a broker who is based in another country and allows hedging.Ignored
DislikedOption is a right, a hedging instruement. Right to sell or right to buy a currency at a predetermined price agreed in advance. Put Option is the one when you have a right to sell a currency at a predetermined price no matter what the current price is. A Call Option is the one where you have a right to buy a currency again at a predetermined price regardless of its current price. One has to pay certain fee to buy those options. Oanda offers Hit or Miss boxes. These are basically the options. You may like to google it for more information.Ignored
DislikedHere is my newb analysis: Good angle and seperation on 15 and 1hr time frame 50 & 200 EMA heading south! price slowly moving upward like a bear flag (after huge swoon in price). MacD is neutralizing to the water line on 15min chart. havent seen a 38.2 retracment on fib (not yet at least) witch indicates price is weak. and in my opinion were headed south might even reach 3837 (the 127 Fib PP) but that seems far fetched to me. No Macd divergence so were safe there. What do you guys think, please let me know your opinion especially if you think im...Ignored
DislikedYes, if price goes against you, otherwise you do not exercise your option and let it expire. Fee will be your cost of hedging yourself from a loss. For example, you have Euro 100,000 receivable from a European customer. This customer will pay you let's say in two months from now. You don't know what will be the parity between EUR and USD when your customer pays you back. Current eur.usd rate is let's say 1.3900. You will buy an option that will give you the right to convert your Euros @ 1.3900 within two months no matter what the market price is....Ignored
DislikedLet's make it simple. I offier you Euro @ 1.41000 on July 31, 2009 no matter what the rate would be on July 31, 2009. My fee is $10 for every lot you contract for this option. Do you want to buy? If yes, you are buying an option. If Euro price is 1.3800 on July 31, 2009 you would just pay me my fee and will buy cheap from the market at spot rate. However, if euro is selling at 1.4300 on July 31, 2009 you will exercise your option and will get euro at 1.4100 from me on July 31, 2009.Ignored