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- peterM replied Oct 18, 2007
hey there, welcome to the forum
Your story is very common for a new trader, so don't feel bad. The first thing I would say to do is make sure you are trading on demo, forget live trading for a few months. You need to find a strategy online or ...Forex, Greed, and Risk
- peterM replied Oct 18, 2007
interesting day! cable is back on my trend line, almost to the pip
Cable Update (GBPUSD)
- peterM replied Oct 18, 2007
ya.. high oil always hurts the buck.. Actually, If you look at historical charts of oil and the USD index, there is a noticeable degree of correlation
Cable Update (GBPUSD)
- peterM replied Oct 18, 2007
It could be worth you checking out burgerkings historical charts on the news releases. It will give you an idea of how the data can affect price.
News trading help
- peterM replied Oct 18, 2007
Is MBTrading an IB for EFX or is it the other way round?
MB Trading real account users
- peterM replied Oct 18, 2007
It has broken my triangle to the upside now.. and retraced back to the trend line.
Cable Update (GBPUSD)
- peterM replied Oct 18, 2007
That's great! 300 pips in a week. Just be careful now and only take on the best setups to try preserve your nice gains, at least that is what I would do. Once I am nicely in profit for a month, I become ultra conservative as I really hate to give ...
Simple 5 / 8 moving average crossover
- peterM replied Oct 18, 2007
Hi there.. I don't use the RSI personally, but it might be useful for confirmation of signals. Have you used it with 5/8 crossover, how did it go?
Simple 5 / 8 moving average crossover
- peterM replied Oct 17, 2007
Its updated several times a day.. new stories goto the top, older ones move down the list.
Best news site for studying fundamentals
- peterM replied Oct 17, 2007
I don't really know any sites that would teach you this, but I do have one suggestion. bookmark this url: url If goes into the fundamentals as they occur, if you check it daily, you will get a good feel for what moves the market and why. I do this ...
Best news site for studying fundamentals
- peterM replied Oct 17, 2007
Thats cool.. I have often wonder why more brokers don't do that.
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
This is paid on funds not used for margin purposes?
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
Cheers Moe :-) some useful information there including a profit and loss account. I always like to see a brokers profitability before entrusting them with my cash.
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
I dont believe it either. I think it's nearer 2% whose accounts are positive after 1 year. Sorry to burst your bubble, but 1 month in the world of forex is relatively meaningless. It's always a good idea in my view to look at it on a yearly basis. ...
Who here is making money?
- peterM replied Oct 17, 2007
Great.. just been looking at them.. They are bigger than I thought.. Seems they are regulated in the UK by the FSA. That would make them very appealing! Do they allow minilots?
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
I wanted to take a medium-long term bullish view on oil a couple of years ago. Oil futures had been in strong contango for months, so they weren't especially appealing. So I bought shares in oil companies and bought CAD/JPY and sold USD/CAD. They ...
Stocks trending room
- peterM replied Oct 17, 2007
They are really good moe.. thanks for sharing.. what is the execution like during normal market conditions?
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
I think I understand what you are asking, but please forgive me if I have misunderstood.. The strategy could work and seems the risk would be in the initial trade. It seems to me the odds are strongly favoring a break even scenario, unless you get a ...
Trading with 100% of your capital
- peterM replied Oct 17, 2007
I have a friend with an account who has been waiting over a month for his withdrawal.
1 One World, what is the status