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  • #212,321
  • Mar 17, 2010 9:19am Mar 17, 2010 9:19am
Quoting akhtergroup
When they refuse to pay you. Or come up with some ridiculous excuse about your profits.
I really dont have those issues and I got an account in the UK and Denmark. Maybe you had a bad broker and got somehow burned? But this could also happen in the US no?
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,322
  • Mar 17, 2010 9:21am Mar 17, 2010 9:21am
Quoting Bebetomuda
open short @ 1.3750 with target 50 pips....
Though me too take a start short at 1.3761 for scalping first time trade of the day yet it seems need go little up upto 1.3777-84 , so will take another there.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #212,323
  • Mar 17, 2010 9:26am Mar 17, 2010 9:26am
S&P Removes Greece from CreditWatch:

"(RTTNews) - Rating agency Standard & Poor's on Tuesday said it affirmed its 'BBB+' long-term and 'A-2' short-term sovereign credit ratings on Greece. At the same time, the ratings were removed from CreditWatch, where they had been placed with negative implications in December last year. The outlook, which was stable prior to the CreditWatch placement, is now negative, the rating agency said.

On March 5 2010, the Greek parliament approved its third set of deficit reduction measures to reinforce its budgetary consolidation strategy and meet its deficit target of 8.7% of GDP in 2010.

"We view the government's fiscal consolidation program as supportive of the ratings at their current level, hence our rating affirmation," said Standard & Poor's credit analyst Marko Mrsnik said.

S&P views the government's total package of measures as appropriate to achieve its 2010 fiscal target, given the deterioration in the country's growth prospects. Based on the revised growth forecast, the rating agency expect the recession to continue, with real GDP contracting by 4% this year."
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #212,324
  • Mar 17, 2010 9:31am Mar 17, 2010 9:31am
the last time i saw eurchf & usdchf going in the same direction with eu, eu went up...
  • #212,325
  • Mar 17, 2010 9:33am Mar 17, 2010 9:33am
Quoting Trading Cat
I really dont have those issues and I got an account in the UK and Denmark. Maybe you had a bad broker and got somehow burned? But this could also happen in the US no?
Burned? No. Ive always dealt directly with a bank. I am just giving a warning to traders flocking overseas. There are countless scam broker complaints, some proven scams and others not. Just a heads up.

I would not trade FX with any firm that is not a recognized and reputed bank. FDIC insurance on deposit to margin FX account when the bank goes bust helps too.
  • #212,326
  • Mar 17, 2010 9:36am Mar 17, 2010 9:36am
EURO-DOLLAR: Very muted flows in the pair in recent trade, the euro
relinquishing recent gains that took the pair to $1.3760 area against
the backdrop of US stocks posting fresh 2010 highs. Euro back around
$1.3750, earlier lows at $1.3740 with bids below there to $1.3730 with
stops sub $1.3720.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,327
  • Mar 17, 2010 9:46am Mar 17, 2010 9:46am
Looks like this might be a slow day for pip farming. Nothing moving with any real conviction.
  • #212,328
  • Mar 17, 2010 9:56am Mar 17, 2010 9:56am
Quoting Cod
Looks like this might be a slow day for pip farming. Nothing moving with any real conviction.
I also reside in the Show-Me state! Have a good harvest!
  • #212,329
  • Mar 17, 2010 9:57am Mar 17, 2010 9:57am
Man, almost evry US session is excrutiating nowadays.
My grass is growing faster than this.
  • #212,330
  • Mar 17, 2010 9:57am Mar 17, 2010 9:57am
EURO-DOLLAR: Air slowly leaking out of this pair again as it eases to
$1.3745 in line with cable slippage and as commodities backdrop shows a
slightly softer tone. Traders say flows are very light in the pair. Bids
remain to $1.3730, stops below $1.3720.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,331
  • Mar 17, 2010 10:05am Mar 17, 2010 10:05am
We are long since yesterday afternoon at 13757, but its not going anywhere now. Target price of 140 seems a long way off, but who am I?
Let the models show the way.

Good luck.
  • #212,332
  • Mar 17, 2010 10:10am Mar 17, 2010 10:10am
Quoting akhtergroup
No, it's not going to "kill retail forex." It's an attempt to deter undercapitalized traders from making retarded decisions. (ie. trading a standard lot with $2,000 in account-- I am not saying people can't do it and succeed, but it's an overall bad idea). Just be prepared to make trips to the UK, Cyprus, in case of a withdrawl dispute. Don't come crying to uncle sam when ya can't get your money.

There are actually good points on this proposal by the CFTC, however it only affects domestic brokers, registered with the CFTC an NFA. The CFTC has no jurisdiction over foreign brokers. Dukascopy is based in Switzerland and thus not affected.
That being said, the CFTC has come up with hare-brained ideas in the past, like the no hedge and fifo.
If only I knew then what I know now...
  • #212,333
  • Mar 17, 2010 10:11am Mar 17, 2010 10:11am
had to leave the office and didn't get in at 90 as i wanted...


never mind now.

looking at getting in long at 3705.

hapipipin

P.S. do you have your S2 at 1.369? thanks.
dreams do come true.
  • #212,334
  • Mar 17, 2010 10:15am Mar 17, 2010 10:15am
So you like them taking away your freedom of choice? That's scary. If you continue to lay down for the Govt. taking away your freedoms soon you will wake up and it will be like 1984, the book.
Quoting akhtergroup
No, it's not going to "kill retail forex." It's an attempt to deter undercapitalized traders from making retarded decisions. (ie. trading a standard lot with $2,000 in account-- I am not saying people can't do it and succeed, but it's an overall bad idea). Just be prepared to make trips to the UK, Cyprus, in case of a withdrawl dispute. Don't come crying to uncle sam when ya can't get your money.
  • #212,335
  • Mar 17, 2010 10:15am Mar 17, 2010 10:15am
i have my S1 at 1.3685.
  • #212,336
  • Mar 17, 2010 10:16am Mar 17, 2010 10:16am
Sounding more like spam..Let me guess your a IB for some US broker..and with a handle like Akthergroup and a member of only 3 weeks please we are professionals on this forum and do not need someone coming in telling fairly tales..geesh..back to trading..
Dean




Quoting akhtergroup
Burned? No. Ive always dealt directly with a bank. I am just giving a warning to traders flocking overseas. There are countless scam broker complaints, some proven scams and others not. Just a heads up.

I would not trade FX with any firm that is not a recognized and reputed bank. FDIC insurance on deposit to margin FX account when the bank goes bust helps too.
  • #212,337
  • Mar 17, 2010 10:17am Mar 17, 2010 10:17am
i meant S1!

7 pips diference. thats slippage, right?

Quoting 9000rpm
i have my S1 at 1.3685.
dreams do come true.
  • #212,338
  • Mar 17, 2010 10:18am Mar 17, 2010 10:18am
Bounced off 1.3726....now we need to take care of 1.3713-16 ...then 1.3686 if it goes there
COT: The precious data ignored
  • #212,339
  • Mar 17, 2010 10:19am Mar 17, 2010 10:19am
Hi everbody...long time I had a rest from forum, but not trade I traded live..Tried some other strategies..

Now I play to downside in the next 12 hours the PA should hit 13700 or little more down my entry was 13802

ohhh the pa get power during I writing to downside again..
Good luck
" Accepting losses is the most important single investment devise "
  • #212,340
  • Mar 17, 2010 10:21am Mar 17, 2010 10:21am
Quoting wannaberich
i meant S1!

7 pips diference. thats slippage, right?

My PP are automatically caculated by an indicator in MetaTrader 4. But ever since the daylight savings time began, I'm not sure whether or not I need to change its setting.
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Sandy1994