OK. I'm a Newbie (To this forum)http://www.trade2win.com/boards/images/smilies/clap.g
Hi everyone. (Well, maybe some of ya. LOL)
Anyway. I'm new in here and learning my way around. I've posted a couple replies and even posted a new thread question. "3 Month Eurodollar Futures. What Effects It?"
I may have posted it in the wrong place. I posted it in, "General Trading Chat"
I have studied commodities for over 20 years now. I am an avid trader. I use the dtPro trading program. (They have a 2 week real time trial of their program.)
I've made stupid mistakes in the past in trading. Like about a month ago I woke up and looked at the charts I had up and decided to buy Rice. I quickly hit the button and went and made coffee. When I got back to the PC I was shocked! Instead of a profit I had a $987 loss. To my realization, I had hit the sell button by mistake. I got out of the trade and believe me it was not easy getting out. The DOM (Depth of Market ) was highly active.
I was in the market back in the 80s and was doing real good till my father in-law did some crazy things but that's a different story.
Anyway. I am trading the US Dollar, 1 Month Libor, Schatz, Live Cattle and The 3 Month Eurodollar Futures. I watch Gold and Crude Oil. I find these to make a lot of impact on the US Dollar and the Euro FX Currency
I've learned that when Gold goes up and Crude Oil goes up, the US dollar heads down and the Euro FX Currency goes up That is just a start of what I have learned by watching charts.
If I can help anyone, I will. But remember to make your own decisions. If you have to rely on someone else's recommendations you should be using a broker, get more trading education or not trading at all. Paper trade for awhile and see how you do before committing real money.
Good luck with your trades and stay happy no matter what happens in the markets.