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- peterM replied Oct 17, 2007
Not bad. They have me on their spam list and sent me some results of a MA they offer with a low minimum, it had 4 negative months in a row and was well down. Not sure how it is doing now though.
which Forex broker manages money?
- peterM replied Oct 17, 2007
This is very true.. I remember when GBP/USD broke the $2 barrier a few months ago. The highs back in and 1991 and 1992 acted as resistance. We only had to look this far back because that was the last time GBP/USD was so high.
Support and resistance levels.
- peterM replied Oct 17, 2007
Thats a nice pair.. I sometimes trade GBP/NZD.. Some of the NZD pairs really trend well :-) Only problem is the spread, but with the volatility makes it worth it. What spread are you paying on eur/nzd? Good thing with that pair is shorts would earn ...
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
i think fxcm do Managed accounts, but the results aren't anything special.
which Forex broker manages money?
- peterM replied Oct 17, 2007
Common support/resistance areas are pivots, fibonacci retracement lines and trend lines. Pivot = (high + low + close) / 3 Trend lines must hit two points on a chart Fibonacci retracement lines are drawn from the top to the bottom of the recent ...
Support and resistance levels.
- peterM replied Oct 17, 2007
Yeah, I agree.. I've been short on loonie for months.. from 1.1800.. I didn't expect it to do so well.. Oil was around 50 bucks when I shorted.
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
nothing seems to be able to save the dollar at the moment.. stronger than expect cpi didn't help the cause.
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
nice trading.. I made +40 pips.. my trailing stop was activated.
Simple 5 / 8 moving average crossover
- peterM replied Oct 17, 2007
It's possible, but I don't think we will see it today. cable is around 100 pips or so currently from the upper trend line. At least on my chart. I'm not convinced CPI will be lower than forecast.. Oil keeps rising, they had some inflationary ...
Cable Update (GBPUSD)
- peterM replied Oct 17, 2007
not sure what will happen. it can massively affect the market if they mutter their various nonsenses :-)
g7
- peterM replied Oct 16, 2007
yep, That is a good short if you got that entry. I got 0.7500.. B/E stop now.. see where it takes us.
Simple 5 / 8 moving average crossover
- peterM replied Oct 16, 2007
Not sure if this will be much help but this is what i do.. Make sure the trend line joins at least two points perfectly. I make sure it is not "made to fit". I use charts that have no sunday candles too, this can make trend lines appear very ...
The right Trendline and S/R line
- peterM replied Oct 16, 2007
oil imports/exports — Does anyone know approximately what percentage of oil the US import? I see oil is making record highs and usd/cad is making multidecade highs
Oil Trading - ETF, Stock?
- peterM replied Oct 16, 2007
I have a feeling the MPC minutes may not be unanimous tomorrow.. if not it could hurt the pound further..
Cable Update (GBPUSD)
- peterM replied Oct 16, 2007
I have read them.. The problem is, FXCM win when you lose with some accounts. There always seems to be a conflict of interest when it comes to them giving you trading setups.
IFR commentary and analysis
- peterM replied Oct 16, 2007
best stay out till a good setup comes. I always stay out if i have doubts about a setup
Cable Update (GBPUSD)