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- peterM replied Oct 16, 2007
yes, i see a flag.. maybe suggestive of continuation of the uptrend.
Cable Update (GBPUSD)
- peterM replied Oct 16, 2007
me too.. I am going to get long when I get the right signal..
Cable Update (GBPUSD)
- peterM replied Oct 16, 2007
wow.. i wish it was like that here.. I paid 43GBP last week to fill my 11 gallon tank.
Cable Update (GBPUSD)
- peterM replied Oct 16, 2007
Yeah.. I agree.. The market moves on human emotion, greed and fear. It moves on speculation about interest rates. All Mervyn King needs to do is suggest he may hike next time, and that will set speculators off buying pounds. Carry trades move all ...
What driving the movments
- peterM replied Oct 16, 2007
nooo not that bad.. just a bad day. Black tuesday was in 1992 when soros kicked the BOE in their private parts?
Cable Update (GBPUSD)
- peterM replied Oct 16, 2007
Just seen the CPI figure.. Certainly hurt cable a lot. Though with these higher oil prices it may push it back over the 2% area in the coming months. Looks to me like mervyn king has done a good job so far in controlling inflation. It only briefly ...
Cable Update (GBPUSD)
- peterM replied Oct 16, 2007
British CPI was lower than expected. This could dampen any threat of a rate hike in the next few months now. We will see.
Simple 5 / 8 moving average crossover
- peterM replied Oct 16, 2007
I earn enough from trading to live in recent months, but it's not my sole source of income. I have many other investments as well. Stocks, Real estate, bonds, etc I would be careful if you want to solely rely on FX for your living. You will need a ...
How many full time traders here and other questions?
- peterM replied Oct 16, 2007
I don't think its unnecessary to take a course. It tends to be very expensive. Read this forum, then read it again. I think it contains more information than any training course. Just my 2 pips.
What driving the movments
- peterM replied Oct 15, 2007
I'm not convinced yet.. I still think the risk could be to the upside
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Oct 15, 2007
There is not "charge" as such. They do factor in the swap though. No Cityindex is not a swap free broker. I've had a swap free account for over six months, no problems. I do other trades on it as well though.
Risk Free Arbitrage with Spread Betting
- peterM replied Oct 15, 2007
I am no expert on wheat futures and I have never traded them. My understanding is speculators price in future market expectations. Like Natural Gas futures are always higher in winter, as speculators price in that more gas will be used in winter due ...
Futures Pricing Question.
- peterM replied Oct 15, 2007
1. Yes, but you need a good sized balance and it will take a lot of hard work, time and discipline to be able to be in that position 2. Don't bother spending money. Read this forum, then read it again 3. try a few, see which ones u like 4. ...
Need Step by Step guide for a beginner and have some questions?
- peterM replied Oct 15, 2007
G7 is a group of seven industrialised countries.. US, Germany, Japan, France, UK, Canada and Italy. Every so often they have scheduled meetings to talk about a wide array of topics. The weak yen is often brought up, trichet likes to whine about it. ...
Cable Update (GBPUSD)
- peterM replied Oct 15, 2007
oh really? I don't see that on my chart. My charts are GMT+3 I think, there are no sunday candles, perhaps that is why..
Simple 5 / 8 moving average crossover
- peterM replied Oct 15, 2007
Yep, it's sure been in a tight range.. It just needs a trigger now!
Cable Update (GBPUSD)
- peterM replied Oct 15, 2007
Yep me too.. I love how the dow is often a leading indicator.. its 13930 at the moment. I'm wondering if it could be the start of a broader scale dow correction. It seems very much overpriced where it is now.. I guess we will see..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Oct 15, 2007
yep.. I think so too..13930 currently. I am wondering if a larger correction is on it's way.
Cable Update (GBPUSD)