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- peterM replied Dec 3, 2007
cable has been very unexciting lately.. no trends, just ranging.. I have been long for 2 weeks but not much happening!
Cable Update (GBPUSD)
- peterM replied Dec 3, 2007
I don't think it's illegal, it might bring up money laundering flags though. Why would u want to do that?
transfer money to bank from visa through forex.com
- peterM replied Dec 3, 2007
hedge means to open a position to cover an open position. For example if you had a longer EUR/USD Position, if you opened a short EUR/USD, it would be a hedge.
Hedge
- peterM replied Nov 28, 2007
100:1 leverage is plenty for most trading strategies! I have 100:1 on my main account and rarely use more than 5% of available margin at any one time.
200:1 or 100:1 ?
- peterM replied Nov 28, 2007
I'm long from 2.0624, with 3 positions with incremental tp's and sl's... 2 positions are already over.. one was profit, other hit a b/e stop.. my 3rd long is still running.. also with a b/e stop at 2.0980..
Cable Update (GBPUSD)
- peterM replied Nov 28, 2007
No, PeterFM is a different person.
Simple 5 / 8 moving average crossover
- peterM replied Nov 28, 2007
I use northfinance MT4 platform for dow charts
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 28, 2007
great day for the dow and the carrys, maybe the short term trend is changing.. we will see.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 28, 2007
saying that when I am long is totally out of order

Cable Update (GBPUSD)
- peterM replied Nov 28, 2007
stayed out mostly this week. Now that dirt track racing looks like fun

Simple 5 / 8 moving average crossover
- peterM replied Nov 27, 2007
There has been a lot of correlation between the stock markets and yen carry trades for quite a while. If you check the historical dow charts against some of the yen pairs, u will see very close correlation.
Correlations- USD>JPY-DOW, EUR/JPY Follows etc
- peterM replied Nov 26, 2007
yeah, it's my 50% fib.. don't know if it will break it or not
Cable Update (GBPUSD)
- peterM replied Nov 26, 2007
the pound is flying up accross the board at the moment
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 26, 2007
dreadful start for the nikkei.. will the others follow tommorow i wonder..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 26, 2007
I think virgin put a cheap proposal together, they might have to increase it.. but then can Northern Rock afford to be too picky right now
Cable Update (GBPUSD)
- peterM replied Nov 26, 2007
big sell off at the end again for the dow making a new low.. i wasn't expecting that
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 26, 2007
i would close it and sort your internet connection out.. get a backup too..
EUR/JPY
- peterM replied Nov 26, 2007
about 3 years... medium-long term mostly.. and some hedging strategies... I traded smaller time frames initially.
Years vs Methodology...