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8683 Posts Total by "daveo":
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DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
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DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 17:30
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
crude rising today is out of kilter with gold and stocks and possibly CAD also although CAD been ranging today.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 17:20
In Thread: GBP
I don't know if anyone commented 5 days ago but cable hit the daily resistance trend line from the Aug and Nov 09 highs. Kissed and retested the line an absolute bute. If it carries on up now and breaks the line we have a 78.6% ret at 1.6444 which is likely to provoke a reaction.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 16:51
In Thread: EUR
I agree with that. Once bitten you will become addicted to buying bots from internet marketers who know nothing about trading and have no scruples whatsoever about selling you a load of garbage. Do you want to waste your life away or do you want to learn how to trade ?!
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 16:23
In Thread: CHF
But I must admit my post to Ashraf was not eloquently worded. I rate Ashraf EXTREMELY highly in his particular field.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 16:21
In Thread: CHF
I started my first company while at Oxford doing engineering at age 19. I retired at age 50. I am now age 66. I have taught trading mostly to some american day traders and I have moderated RT trading rooms on several occasions, not any longer. Strict stop strategies and trade management are always key to success imo.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 15:37
In Thread: CHF
And Ignore, I am happy with my first year in forex trading but must say I have traded currency futures for many years amongst other instruments. I only trade my own tech analysis but I follow Ashraf to sometimes align his fundamental bias. My forex trading since january 10 accounts for 27% of my equity curve gains this year which total well into 6 figures. I earn my living from trading and my screen time is typically c.70hrs/week x 16 years. What is your screen time ?
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 15:27
In Thread: CHF
Ignore, we will have to agree to differ. You probably know the level of this forum much better than I but from my perspective not all traders here are experienced.
DaveO
UK
Posted Anonymously
14 years ago
Nov 10, 2010 13:51
In Thread: GBP
There are so many risks globally who would want to be in King's position and quite rightly he refuses to predict. All they can do is to react on a month by month basis. At least Mervyn King is refreshingly honest but there are some things he simply cannot say for fear of undermining the UK tenuous position.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 13:01
In Thread: CHF
If you placed your stop at 9540 it was not hit so no problemo. Ashraf stop at 9550 was hit.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 10, 2010 0:57
In Thread: EUR
Ashraf, That is precisely why I am following you, to integrate the two.
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