To set up a currency TRIANGLE ARBITRAGE ? RESPONSE TO:Mackay9?
349571
Triangular arbitrage today is often done by computer programs by the big players, so I really don't think there's going to be much opportunity in it.  Plus, you have to think there's going to be a transaction cost each time, which will really eat up your profits unless you're doing serious $ trading.  If you are set on doing currency trading, you can try http://www.forex.com
677237
I've been investing a lot in foreign stocks.  Gold is obviously a great hedge against falling currency values, but it isn't a productive investment.  It may go up in price, but it doesn't grow in the way businesses can.  The same can be said for investing in foreign currencies.  You can hedge against the dollar with them, but there's no growth in currencies either.  \n\nIf you think it's only the dollar that will be falling (and not all currencies in a worldwide inflation), then investing overseas is the way to go.  And if you want to preserve the opportunity for growth in addition to simple hedging, buy stocks in those markets that you feel are safe.
392262
I used www.oanda.com to play the forex market.  Look for their demo game section and create an account.  They will give you $100,000 to start.  The charts are in real time.  If you have questions more questions about the site, e-mail me.
718239
Overall, not too bad . . . you made a profit.\n\nConsidering the timeframe you are trading, I don't understand why you are referring to a an exit at 1.1006 "which looked like an important resistance".\n\nIt looked like recent resistance was ~1.1055 and sloping upwards.\n\nI would have tried to 'trade the range' of it coming down to ~1.1055 and having hat as a 'buy on stop' or not had any exit order in place, in the hope there was significant weakening due fundamental events (of which there are many these days).
872233
The short answer is "no". \n\nHere's why:\n\nA currency swap is an over-the-counter security that is not standardized. The non-standard contract is basically saying Party A will pay Party B the difference between where currencies end up in the future based on a set dollar amount principal.  Since it is between two parties with no escrow, there is default risk.  No offense, but no one is going to take you on as a counter-party due to your default risk. \n\nCurrency forex contracts tend to be in the millions of dollars.  'Nuff said. \n\nIf you want to neutralize your Krona exposure (which you may not want to do if you are Icelandic and plan on returning there), then the best ways to neutralize your currency exposure is to either sell the krona for another currency (which then opens up another can of worms because now you're long another type of currency) or build a Krona liability.  You can build a krona liability by getting a loan. There is a third way... build your own "swap" by writing your own contract with someone who wants to go short on the Krona in the same amount that you want for the same amount of time period - but the chances of that are miniscule. And then you have to trust them, as well. \n\nThere is a fourth alternative.  You can use futures on index traded currencies that have the highest correlations to the IKR. I know that Norweigian, Swedish and Finnish currencies are loosely correlated with the IKR.  You will hedge away some risk, but still have some risk.  \n\nSorry.  I have no perfect answer for you.
3215
I would consider an alternative.  Should the Iraqi experiment (this being another attempt to stimulate it into a democracy) succeed in terms of stability, what other economies, and thus their currencies, will benefit?  I would select a proxy currency that is more liquid, such as that of Lebanon or Egypt or Israel, all of which would substantially benefit from greater peace in the region.
1141597
The thing I don't like about forex trading is that the previous times when I knew there was an opportunity to make money, it was impossible to obtain the currency I needed.  There was the devaluation of the Argentinian currency that happened a while back.  They had been keeping the currency pegged to the US dollar and there was an enormous amount of speculation that it was going to be devalued (allowed to float), yet I couldn't find anywhere to sell this currency since it never moved more than a few PIP up and down within a day.  Then there was the Chinese currency.  Everyone knew they were keeping the currency undervalued and that it would increase in value upon floating, yet again I could not find anywhere to buy this currency in exchange for USD.  I contacted a bank and they had some ridiculous spread (something like 15%-20%), yet again it was impossible to capitalize on something I knew was going to happen.  Both of these situations were extremely frustrating.  Let me tell you, a $2500 investment in either one of these situations would have made you tens of thousands of dollars.  The Argentinian currency went from 1:1 USD to 3:1 USD in a matter of 2 weeks.  Now that's a devaluation.
116061
there are some scammers.  make sure they are backed by the cftc and the nfa.  snc investments is a good company.  sncfx.com.  its a risky market but its possible.
73457
$12.38 today, but keep an eye on the rate\nhttp://uk.finance.yahoo.com/currency-converter/convert?amt=7&from=GBP&to=USD
461964
http://www.asx.com.au/investor/options/index.htm\n\nThis is the best website which gives an indepth and accurate information on Options and futures strategies.\nI am shure this will serve your purpose.
290004
Trading in the currency of other countries.
360075
Arbitrage in general due to program trading highly sophisticated by bankers and institutional traders is almost impossible for an individual.\n\nNonetheless, in the options market ( but not an easy domain ), there is room for arbitrage. However are you in a position to devote yourself in the apprenticeship of OPTIONS?.\n\nIf so, you will be rewarded for your efforts
401395
Way to go Arbitrage!  Oh to funny guy- yeah we get that E=MC2  IS a formula- but if you really want to "get it" Check out Maxwells equations. It's a great time to be a science nerd with all this info pouring in now! Figure it out & go up one on Albert!
767586
Unfortunately, the three currencies that you mention aren't exactly high demand. Currency exchanges pay less for them because they are harder to sell. It also depends on where you are - The airport currency exchange in Miami or Orlando would give you a pretty good rate, but the currency exchange at Los Angeles airport probably won't because it's a lot harder for them to sell.\nWhere are you? I would base a specific reply on that information.
309804
Indonesia Fund (IF) has had major intraday gyrations recently but liquidity is bad, at least on odd lots.  I had to wait several minutes for a market order to fill a few days ago.  I have had better luck buying and selling with limit orders.\n\nBallard Power (BLDP) volatility has spiked to an extreme this month.  FCEL, AMSC, and EMKR can generally be counted on to move somewhere every day--I just wish I could figure out which way.  These aren't penny stocks.  The spreads are decent.  I don't trade them enough to comment on liquidity but market orders have always filled right away.
538721
You're insane.  Buy commodities as a diversifier and inflation hedge only, and as part of a larger diversifed portfolio.  They should make up no more than 5-10% of your portfolio, depending on your personal risk tolerance.  They are VERY volatile, so keep that in mind.  The best way to do it is through a diversifed commodities fund, like the DWS Scudder Commodity Securities Fund.\n\nHope this helps!\n--J.
673039
EAG is trading this morning. $1.54 last trade, has traded over 65000 shares this morning. Whatever broker you are using is a moron. The pennies you are saving from using a moron is costing you lots of aggravation and lost trading opportunity. There are lots of discounters out there...i would find another if i were you!