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- peterM replied Oct 9, 2007
My platform shows the sell price. If I have a long position and close it, it will be closed at the sell price. If I have a short position, it would be closed at the long price. Because of the difference in the buy and the sell price. The differences ...
Stopped out when your stop isn't hit.
- peterM replied Oct 9, 2007
Maybe trading isn't for you.. or maybe you just need a break.
Cable Update (GBPUSD)
- peterM replied Oct 9, 2007
yep WTB is right. Forget predictions.. trade your strategy with discipline. I cant remember who said it, but someone here said "A traders worst enemy is his opinion on where the market is heading" That is sooo true.
GBP/AUD ?????
- peterM replied Oct 9, 2007
dude.. forget trading.. you will just lose your money.. Practice on demo..
Cable Update (GBPUSD)
- peterM replied Oct 9, 2007
very valid points. When I trade, I just trade what the signals. If I don't there is always a potential reason not to trade.
Simple 5 / 8 moving average crossover
- peterM replied Oct 9, 2007
Yes, personally I like GBP/JPY, GBP/USD, NZD/USD, NZD/JPY, AUD/JPY, AUD/USD. Please do join in! the more the merrier
Simple 5 / 8 moving average crossover
- peterM replied Oct 9, 2007
firstly are you sure that the price you are looking at on the chart is correct in terms of the bid/ask for your position?
Stopped out when your stop isn't hit.
- peterM replied Oct 9, 2007
do you look for trend line break outs or just buy positions at trend lines?
Cable Update (GBPUSD)
- peterM replied Oct 9, 2007
still just about a flag pattern on the daily chart.. I am waiting for a long signal
Cable Update (GBPUSD)
- peterM replied Oct 9, 2007
not yet.. something is coming at some point i think.. the dow is overvalued
anyone else smell a carry trade unwind coming ?
- peterM replied Oct 9, 2007
lol that is funny.. probably quite accurate too! :-)
Cable Update (GBPUSD)
- peterM replied Oct 9, 2007
yep.. I see it.. Could be a nice one. Going to try the small time frames today. Do you trade them between the news?
Simple 5 / 8 moving average crossover
- peterM replied Oct 9, 2007
wen u open a trade for $1 a pip, your maximum loss is usually your available margin. Your broker platform should tell you this figure.
How exactly do higher/lower leverages work?
- peterM replied Oct 9, 2007
Good stuff.. Sounds like you are doing well. I don't rely on FX to pay my bills, I aim for it to pay for my motorhome when I'm travelling. :-)
Cable Update (GBPUSD)
- peterM replied Oct 9, 2007
You mentioned FXOpen, I think that is a scammy broker.. is it the same as FXegypt? You might be a pro.. but I still find it hard to beleive that any pro would come onto a public forum and ask for broker advice from a forum that is full of ...
i want 400:1 or 500:1 leverage with metatrader platform
- peterM replied Oct 9, 2007
What tricks did these brokers use BK?
North Finance allows trading wheat???
- peterM replied Oct 9, 2007
I have used them in the past and they were fine.. I don't like the fact they are not regulated though. They offer a range of CFDs and Futures which is quite uncommon for MT4 brokers! I think the margin requirements are higher for futures.
North Finance allows trading wheat???