Trade recommendation New Zealand Dollar Futures - risk free money

Discussion in 'Trading' started by Nighthawk, Nov 17, 2017.

  1. Ladies, gentlemen,

    I post rarely an opportunity here on Elitetrader. But this one is too precious to miss for the community:

    NZD Futures.JPG

    You can see this GOURMET GAP with you sheer eye!

    So, long NZD Futures front month! More than 600 pips are the opportunity for this trade. Risk/Reward = set it as you wish 1:6, 1:5 whatever!

    I will start wiith a lousy 1000 contracts.

    Let the feast start!


    Don´t forget to hedge your a$$ with some ATM put options! It´s called "dynamic hedging strategy". And for all the rookies out there: yes, it´s strategy developed and mastered by Goldman Sachs.

    Have fun!
    pinetboltz likes this.
  2. DeltaRisk


    Now this is actually interesting.

    Only thing is......those guys get to use forwards at set prices to hedge.
    It's basically a risk free bet.
  3. yeswayne


    What is gourmet gap? can you explain bit more detail, much appreciated
  4. Macca1


    I rarely trade fx but I'm from NZ and currently short NZDUSD. Large size. New govt wants to devalue the $ and have more influence over reserve bank. The deputy PM and key collation partner has said he would devalue the New Zealand Dollar to reflect its "true value".
    Last edited: Nov 17, 2017
    pinetboltz likes this.
  5. do we know what winston peters thinks is target fair value for the kiwi?
  6. truetype


    Say what?
  7. It's distinctly looking not very risk free today...

    I'd echo the previous poster in response to this: "say what?"
    Zr1Trader likes this.
  8. truetype


    Good rule of thumb: when someone tells you he has a "risk free" trade on... take the other side.
    d08 likes this.
  9. Sig


    If it's risk free why buy puts?
  10. DeltaRisk


    Not what I was referring too.
    #10     Nov 17, 2017