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- peterM replied Oct 5, 2007
Thats cool.. Very interesting to know.. I had no idea the euro was so heavily weighted. Thanks for posting.
Cable Update (GBPUSD)
- peterM replied Oct 5, 2007
millions? I wish.. :-) 50 pips would equal 1.5% for me with 3:1 leverage.. I am probably more conservative than a lot of traders.
Cable Update (GBPUSD)
- peterM replied Oct 5, 2007
I get the US stock market could be setting itself up for a big fall.. We'll see.
Cable Update (GBPUSD)
- peterM replied Oct 5, 2007
I didn't know this.. Do you know where I can find out the exact percentages? I always thought it was evenly spread. Pete
Cable Update (GBPUSD)
- peterM replied Oct 5, 2007
That is very very bad for 1worldfx customers.. Are they giving any reasons for these delays? do customers have any idea when or indeed if they will see their funds??
Proposed NFA Capital Requirement
- peterM replied Oct 5, 2007
I dont think there is an end any time soon.. especially if further rate cuts are on the cards which they seem to be..
Cable Update (GBPUSD)
- peterM replied Oct 5, 2007
Much lower than expected.. So very dollar negative.. GBP/USD shot up last month on the news.
Dollar up or down today
- peterM replied Oct 5, 2007
I trade my technical systems and often largely ignore the news, I just trade the technical points on the daily charts. This is because I trade daily charts though.. I don't think you could really afford to ignore the news if you trade very small ...
Technical Trading during Important News Releases?
- peterM replied Oct 5, 2007
I think line graphs can make can sometimes make it easier to see trends.. but I have never used them to trade with.
line graphs
- peterM replied Oct 5, 2007
Theres no magic system that will make everything work out well for you.. trading is gonna take a lot of practise on demo for a good few months before you can consider live trading.. Check out the trading systems category here for some helpful ...
Hey u are not the youngest
- peterM replied Oct 5, 2007
There is a good chance price will move with the number and revision. If like last month there is a big surprise to the downside, this would probably be dollar negative and vice versa.. If the numbers are close.. well, it might be whippy.. but to be ...
Dollar up or down today
- peterM replied Oct 4, 2007
I often wonder how people here in the UK buy a house, feed a family, run a car when they are on less than the average wage.. When you look at the cost of buying a house, car, food etc etc, it just doesn't work.. I guess thats why the UK has over a ...
Cable Update (GBPUSD)
- peterM replied Oct 4, 2007
I must disagree.. The collateral covers the maximum potential loss.. you are still trading with borrowed funds. These borrowed funds are in trade.. so they have to count.. Doesn't the stock market figures include all the Level2 CFD trades? as with ...
The size of the FX market..
- peterM replied Oct 4, 2007
I agree NZD and AUD are overpriced.. but like you said.. gold and AUD are closely linked.. and gold doesn't seem to be stopping its uptrend anytime soon.. especially with the more rate cuts from the fed looking possible.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Oct 4, 2007
I think I understand your question.. $32 for the spot seems a lot for a 50k spot position if that is all because of the spread.. that would equate to over 6 pips... Regarding the forward.. The spreads are usually higher for forward contracts.. Also ...
Spot vs. forward
- peterM replied Oct 4, 2007
not sure how many times cable has moved 500 pips in one day, not many... Perhaps in the crisis back in 1992.. where the BOE failed to keep the pound in the Exchange Rate Mechanism.. I would have to check the charts
Cable Update (GBPUSD)