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Posts by "daveo"

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DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:59
yes jcd, I agree market structure and reading "internals" provide the greatest value but this stuff is for advanced traders so I don't think we should dismiss classical chart patterns like H&S, like cup and handle etc etc. Traders have to start somewhere and we need to gently encourage further study which frankly is never ending imhe. Very good guidance you give there but even vix, breadth, volume and cot can sometimes be overridden by those who have great priviliges :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:44
In Thread: EUR
Catnip, if you are using the accustrength meter charting alongside the profiteer RT meter I assume you form your general directional bias from the former and use the latter to guage exact entry, all the time being aware of the next calendar news event of course.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:38
In Thread: EUR
you would never catch out Subway because he will say "if xx is taken out then the high probablilty move will be y" etc. That is the correct and prudent commentary for analysis.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:30
In Thread: EUR
Choice of wording always critical for any market commentary. Think Murphy :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:27
In Thread: EUR
NZD and AUD similar strength to CHF on yer meter catnip
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:25
In Thread: EUR
and after that liquidity will thin again until 19.15 GMT :-) And so we dodge from one news event to the next :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 12:20
In Thread: EUR
Its all waiting for 13.30 GMT now.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 11:47
In Thread: GBP
Nice ladies mais je ne comprends pas
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 11:29
catnip, you could always download any forex broker MT4 demo platform which will give you the forex spot. MT4 is very user friendly and some forex brokers also offer some cfd's like crude and us indices. The CMC do not have an MT4 option and often the spreadbetters are slow changing to front month contracts. Just check first the broker has a good range of 40 or more pairs plus gold and silver spot. You have enormous choice out there with many rogue non regulated brokers to avoid. I run about 8 brokers. You might take a look at GoMarkets in Aus and AlpariUK. GoMarkets are an ECN whereas Alpari classic account are dealer desk. Their pro account is ECN but minimum volume applies. You could still deal through the CMC account but use your demo MT4 to compare data. Just thoughts!
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 14, 2010 11:17
MO. Personally I would rather be long audusd than short because I suspect it will finally finish with the H&S today. I could be wrong, you have to make your own decision and gl on that.