Wade Hansen started trading during the late nineties and like most traders, had a tough time when a technology stock he purchased went from $75 to worthless. He then found option strategies profitable and moved into currency trading. Here we talk about the "carry trade" unwinding and what it means, how he sells deep in-the-money calls to hedge his currency positions. We also discuss how he trades ETFs using point and figure charts.

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Tim Bourquin is the co-Founder of the Online Trading Expo and the Forex Trading Expo, and CEO of TNC New Media, a tradeshow and online media company.  Register to attend the largest convention for foreign currency traders, the Forex Trading Expo, by clicking here.