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- peterM replied Nov 20, 2007
me too.. I dont think there will be too many suprises later, but you never know.
Cable Update (GBPUSD)
- peterM replied Nov 20, 2007
ok, I will be completely honest and give my best opinion. I really have no clue
It could be next week or the week after, the trend is certainly upupup.. unless of course the fomc statement is suprisingly hawkish.. but I really cannt see this.Eur/Usd to 1.50 and beyond
- peterM replied Nov 19, 2007
yeah.. theres a few about.. it's easier to get one if u are a muslim. I have one with CMSForex.
Brokers offering interest free account
- peterM replied Nov 19, 2007
yeah, They love newbies with their $300 mini accounts.. I mean they should at least give the option of micro accounts if they take $300 deposits. Mini accounts need at least a few thousand, preferably more usually!
FXCM Managed Accounts - Over 1,000 New Accounts ??
- peterM replied Nov 19, 2007
looks really dodgy... unless im missing it, doesn't look like they are regulated. Also, they haven't even updated the interest rates for months.. that would majorly put me off... You might be best sticking with regulated brokers
Real Trade dishonest broker manipulate client's terminal
- peterM replied Nov 19, 2007
A strategy is only as good as the trader who trades it. You could have give the best strategy to me when I first started and I would still have lost money.
Is the "4 Hour Strategy (MACD)" the best system here at FF?
- peterM replied Nov 19, 2007
have u looked at mbtrading? I have used a demo platform, the spreads were 3-4pips during normal market. I have read a few times that their rollover interest is not very good, so they probably would not be suitable for carry trades.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 19, 2007
ouch.. that dow chart looks pretty bearish! I am glad i do not have money in equities :-)
Cable Update (GBPUSD)
- peterM replied Nov 19, 2007
I think eur will apreciate against the pound in the near term.. fundamentally eurozone looks a lot stronger than GB at the moment.. but I don't trade that pair.
EURGBP, time to short?
- peterM replied Nov 19, 2007
it could be quite major.. i have thought the dow has been overpriced for a while.. we could see it crash down.. but we will have to wait and see. :-)
Cable Update (GBPUSD)
- peterM replied Nov 19, 2007
it could drop massively.. we will have to wait and see.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 19, 2007
I wonder where the dow would end up if this happens... perhaps 12k
Cable Update (GBPUSD)
- peterM replied Nov 19, 2007
I've never heard of anyone getting banned from oanda. Actually I've only heard good things about them. I have a demo account with them, I've not tried them live yet. I like their spreads.
Anyone been banned from Oanda for Scalping
- peterM replied Nov 19, 2007
thanks giving historically has provided some crazy moves, expect the unexpected :-)
Thanksgiving Trading!
- peterM replied Nov 19, 2007
Is GBP/JPY heading to 200 in the coming weeks, nice head and shoulders on the weekly.. I wonder.. Any thoughts?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 19, 2007
Yes, I have been thinking along these lines too. Possibly even 200. Seems to be having a bit of difficult with 224 at the moment, but I think it will blast through at some point.
Cable Update (GBPUSD)
- peterM replied Nov 19, 2007
I haven't lost money today, but I haven't made a trade,

Cable Update (GBPUSD)
- peterM replied Nov 19, 2007
didn't see you mate sorry.. Fire away if u want to ask something..
Simple 5 / 8 moving average crossover