Dazza
06-10-2005, 09:35 PM
my friend pete showed me this technique, using CMC markets.
though i heard if u make too much money ie withdrawing amounts regularly , they will keep on eye on u.... ie delaying ur orders etc etc
cause remember they loose money if u make money.
if im rightly corrected CMC markets are marketmatchers, some said CFDs are book makers, either way im making money i guess..
the ones providing me the charts are CMC
or heres a website
http://au.finance.yahoo.com/indices
that gives the overall view, then just click each one and go to technical analysis.
if u want to trade energy, expect around 50-200 pip volatility ok
a keen note for me is that i take how the day went in america for oil and if its down i predict short for energy sector.
energy sector is made up by mainly oil companies, u have mid tier and also some juniors.
margin is 1%, with spreads of aorund 10-20 pips .
if thats too much for, try the other sectors.
min is 1 contract, so 1 pip movement = $1.
so far i tink only CMC does it?
its like index trading, but with sectors quite nice actually, similar to the american sector index.
have fun all!
though i heard if u make too much money ie withdrawing amounts regularly , they will keep on eye on u.... ie delaying ur orders etc etc
cause remember they loose money if u make money.
if im rightly corrected CMC markets are marketmatchers, some said CFDs are book makers, either way im making money i guess..
the ones providing me the charts are CMC
or heres a website
http://au.finance.yahoo.com/indices
that gives the overall view, then just click each one and go to technical analysis.
if u want to trade energy, expect around 50-200 pip volatility ok
a keen note for me is that i take how the day went in america for oil and if its down i predict short for energy sector.
energy sector is made up by mainly oil companies, u have mid tier and also some juniors.
margin is 1%, with spreads of aorund 10-20 pips .
if thats too much for, try the other sectors.
min is 1 contract, so 1 pip movement = $1.
so far i tink only CMC does it?
its like index trading, but with sectors quite nice actually, similar to the american sector index.
have fun all!