- Search Crypto Craft
- peterM replied Oct 4, 2007
How secure will peoples funds be if the brokers arn't able to meet the deadline? Personally I have an account with CMS forex.. All my other accounts are with UK Brokers.
Proposed NFA Capital Requirement
- peterM replied Oct 4, 2007
no.. you can trade any pair.. Pip values are always in the second currency in the pair. For example.. 1 full lot on usd/jpy would be 1000yens.. GBP/USD would be $10. If the pip values are in a currency different to your account currency, they will ...
USD trading????
- peterM replied Oct 4, 2007
I love the NFP.. Its my favorite trade of the month, not as easy to trade as it used to be.. but we can still make pips..
Cable Update (GBPUSD)
- peterM replied Oct 4, 2007
I did try this on demo a long time ago, It didn't work for me. Like WTB, for my strategy as price moves in the direction of my trade, entries become increasingly less attractive. If I was not in a trade at this point it would be too late for me to ...
Averaging Up your winning trade ?
- peterM replied Oct 4, 2007
Yes, I agree.... I strongly recommend you do not trade live until you have much much more experience. You will lose money otherwise. I traded on demo for over six months before going live and I still made some bad mistakes at first.
Stuck, seriously need help
- peterM replied Oct 4, 2007
Personally I like trend lines.. Trend line breaks can be very good for detecting breaks trends.
end of a trending market?
- peterM replied Oct 4, 2007
Yes, It is a charge/credit by your counter party. The amount paid or earned is directly related to the difference in interest rates in a currency pair. For example.. A long USD/JPY position would earn interest because the fed has rates at 4.75% and ...
Question about swaps...
- peterM replied Oct 3, 2007
I often enter at the close if it a good cross...Its a very nice euro cross this time.. break even stop if 1.4063 is broken.. as this is a 23.6% fib on my daily chart.. should be support here
Simple 5 / 8 moving average crossover
- peterM replied Oct 3, 2007
looks like a flag pattern to me... suggesting it may continue with its current trend as WTB said..
EUR/NZD trading news
- peterM replied Oct 3, 2007
lol. I love that song bullrock.. when you dont sing it :-)
Cable Update (GBPUSD)
- peterM replied Oct 3, 2007
not specifically.. but I hear rumors most of the time before the meetings, mostly they are unfounded.. but anything is possible.
October 4, 2007 - UK Rate Decision
- peterM replied Oct 3, 2007
hi there.. The fact that u ask this question tells me you are not yet ready to trade live.. i traded on demo for many months before I went live... its far better to make your mistakes on demo than live. All pairs are good, some work better with some ...
Currency Pair For The Newbie
- peterM replied Oct 3, 2007
Yes, one way is to zoom out like PeterFM said, also look for price making higher highs for an uptrend and lower lows for a down trend. Our names are very similar peterFM.. sorry about that.. I didn't realize there was another peter when I joined!
How can l determine the real trend on a longer time frame
- peterM replied Oct 3, 2007
hey.. welcome to the forum :-) When you say a "pip based stop", are you meaning a set pip value, say 30 pips for the stop, regardless of support and resistance? If so, I agree with you.. I don't like this idea at all.. there is no logic to it..
Price-based Vs. Pip-based