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- peterM replied Nov 26, 2007
yeah, the long term uptrend is there.. I think we will see it at 2.12 again in the future, I do not know when though.
Cable Update (GBPUSD)
- peterM replied Nov 26, 2007
I am not sure any are most suitable, they can all be very volatile. It may be a good idea to just stick with one initially.
Which currency pair is most suitable for beginners?
- peterM replied Nov 26, 2007
Used margin is what you have already used. Usable is what you have left to use. Hope this helps, Pete
difference between Usable Margin and Used Margin
- peterM replied Nov 26, 2007
glad to hear you doing well. Eur/cad is a nice trending pair :-)
Simple 5 / 8 moving average crossover
- peterM replied Nov 26, 2007
I'm been long since 2.0620 on the 23rd Nov GMT, with 3 positions with incremental stops and TPs. First TP was 2.0748, this already hit on the 23rd. Second TP was 2.0850, I moved the stop to B/E on this one and it got triggered. The third tp is ...
Cable Update (GBPUSD)
- peterM replied Nov 25, 2007
I also like a high risk/reward. I like also like strategies that are conservative and lock in profits incrementally. Also, a strategy that is prepared for sudden unexpected moves.
Bash that system!!!
- peterM replied Nov 25, 2007
Yeah.. I got stopped out prematurely, when I should not have, a few times when I used a broker that widened spreads massively during the news. So I changed broker. Some brokers widen then upto 25 pips and beyond, that can easily make the difference ...
Oanda users - Oanda widening spreads
- peterM replied Nov 25, 2007
ouch.. hope it was only risk capital for you.. If you have only been trading a month it might be worth sticking with demo accounts for the next few months or trading a very small balance with a micro account.
How I blew up my account in 3 weeks
- peterM replied Nov 24, 2007
I think if the carry trades unwind euro will continue to appreciate against auzzie. If the carry trade appreciate AUD should appreciate against most currencies, but nothing is set in stone.
EUR/AUD reversal?
- peterM replied Nov 24, 2007
I am happy to trade any pair that trends nicely
gbp/usd eur/usd nzd/usd aud/usd are my favouritesWhat pair you trade ?
- peterM replied Nov 24, 2007
yeah, I use northfinance too for this reason. Another option is saxobank.
MT4 feeds for Stocks, Commodities and Indices?
- peterM replied Nov 24, 2007
heh, I use 2:1 leverage on my trades usually

Searching Broker with microlots and leverage 1:500
- peterM replied Nov 23, 2007
That's good.. I totally understand what you mean. I traded small time frames in the early days, the stress was very high.. With longer time frames the labour requirement is very low, it's just the discipline you have to be cast iron on, which again ...
Cable Update (GBPUSD)
- peterM replied Nov 23, 2007
i use northfinance to watch the dow.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 23, 2007
sometimes GBP also drags euro down.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peterM replied Nov 23, 2007
that is the reason i switched to longer time frames, much much less stress
Cable Update (GBPUSD)