A majority of currency speculators initiate positions with a trading plan based on short-lived price moves using high amounts of leverage. With the advent of the CME Micro FX Currency Pair Futures, traders now have the ability to establish a lightly leveraged position play in the currencies.
The CME Micro Futures are not unlike the micro FX that carries low margins and reasonable equity swings; however, micro FX traders are sometimes trading against the house due to a lack of ECN market makers willing to deal in smaller contracts.
Also, due to the hassle of rollovers and carry charges, Micro FX traders tend to use the products as a day trading vehicle for "micro" sized accounts.
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Join Carley Garner for this live online discussion exploring Micro FX futures as a convenient way for position traders to implement a long-term dollar cost averaging strategy in the major pairs for moderately funded accounts. Carley will review the opportunities to construct a trading strategy that conforms to your risk tolerance and available capital.
Key topics to be reviewed in this event include:
- Advantages and disadvantages of FX and futures
- Micro FX specifications
- Scale trading currencies with Micro FX futures
- Using technical and seasonal analysis to determine market bias
- Building a position trade in currencies
Carley Garner of DeCarley Trading is a Magna Cum Laude graduate of the University of Nevada Las Vegas, from which she earned dual bachelor’s degrees in both Finance and Accounting. Carley jumped into the options and futures industry with both feet in early 2004 and has become one of the most recognized names in the business. Carley has been featured in the likes of Stocks and Commodities, Futures, Active Trader, Option Trader, Your Trading Edge, and Pitnews Magazine.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
