General Chit-Chat

[arco]

Off topic.....(just for a change)

Could vertical farming be the future?

Farm able to feed 50,000 people could 'fit comfortably within a city block'

www.msnbc.msn.com/id/21154137/

http://verticalfarm.com/

[Craig3215]

Hey Arco,

Thanks for the article on Rogers... Yuan getting stronger over the next couple years seems like a pretty obvious call... very strong chinese economy, peg to US dollar keeping it artificially weak, political pressure from US to losen peg further combined with the need for them to cool their economy and fight inflation makes it seem like it just makes sense for them to slow there buying of US dollars at a faster pace... but my question is where can I buy some Yuan

[arco]

Hi Craig

Oanda has - USD/CNY

Everbank US lists CNY in its Personal and Business Rates section

WorldCurrency Access Deposit Account—Money Market Yields
$2,500 ($US) Minimum Deposit (some exceptions apply)

http://www.everbank.com/002Rates.aspx?LinkID=Navigation

rgds - arco

[Craig3215]

Thanks Arco,
I just set up a demo account with oanda, I'm gonna play around with it alittle on Monday and then go live.

[peat]

Good morning everyone.
I've been pretty quiet here but am still around !!
Agreed Arco that Aud looked too strong last week and I just had to long it , I've just had an auto take profit at +100 or so activated this morning. Still have long Eur/GPB;s and long Eur/Usd , both well up as well in place. Got burned with my AUD/NZD trades (too impatient to wait for the garley that did eventually form) and also that night with no stops activated took a big hit. So overall week was bad bad bad I guess I dont really need to include the malfunctions in my true P+L but still makes the demo a/c look bad.

I'm reading a bit of your book every weekend DA. While i did read it once quickly, I'm now going through with the tooth comb. Slow progress but am enjoying it. If I can have it a few more weeks would be appreciated - I have 2 weeks holiday starting next week so will have more time. On Sat we head up to Algies bay for a few days YAY.

[dumbass]

morning peat , no problem at all keep it as long as you like and you still got volume 2 to look forward too
on the trading front longs on the world against us dollar have all hit profit targets

more to come but i feel fed decision may move the market

currently looking at short gbp usd maybe 2.06 - 2.07 if lucky also eur very similar chart

[peat]

cheers DA appreciated muchly.
have closed the Eur Long and halved the Eur/Gbp long.

[roddy]

Hi Peat

i am still long Euro 42688 with a stop at 43350 up roughly150 pip at present target 145

[arco]

Nice going Roddy

The old brown Euro Moth still seems to be attracted by the 1618
having just passed through the 1218

circa 2800 pips for longer term holders.

I think DB is going to start a thread for potential longer term trades.

[roddy]

Hi Arco,

2800 pip thats big,my account couldnt handle the fluctuations,but for large accounts the mind boggles,
i have been refocusing and i
know i have said it before but i am trying to get into more medium term time frame and carrying a wider stop to make it work!

DB will look forward to your long term thread

cheers

roddy