General Chit-Chat

[dumbass]

i saw that, anybody on first name terms with George and maybe give him a ring .

what do you reckon he's getting at ???

[arco]

I'm picking up a Sore ass from the airport 1410 PM....I'll
see what I can find out

[dumbass]

Originally Posted by Soros
"I know exactly where the currencies are going to. But I'm not going to tell that to you."


DUMBASS
"i have no idea where the currencies are going to. But i am going to tell that to you with my dumbass posts"

[dumbass]

apologies in advance chaps absolutely nothing to do with forex what so ever

potential trade on fbu

changed polarity resistance/support around 1120

multi year uptrend at 1130

hammer on dailys confirming that support

fib cluster just below 1100

i reckon this one is worth a long target that upper channel line

i know very naughty but its all technical learning i suppose

[peat]

Ive traded FBU on marketmaker so am interested DA!
But would be reluctant to long equities at the moment with DOW so soft.
FBU is fundamentally an excellent company (most of my job is IT for one of their subsidiaries) and they have an excellent forward book of work to cushion them from a potentially deteriorating economic climate for building.
I see more potential for downside in their shareprice tho simply because the market as a whole is weak - hard to imagine their stock hitting new highs soon in my humble opinion.

[dumbass]

hi peat , i thought you were on holiday or is that next week

fbu has been my longest holding , i reckon new highs may be a stretch but that upper descending trend line may be feasible , it could be a low risk trade

i am hoping for a bit of weakness to get in at about 1110 stop loss about 1070

if that trendline breaks its the end of a least 7 year uptrend but all uptrends have to end

[peat]

yes I am on holiday this week and next - its great.

I've decided to set up a real account with Oanda. Have just been on the phone to them now. I originally chose AUD as my base currency but they will only accept PayPal credits to USD based accounts. So I've phoned them up to do that - PayPal is the most convenient method of funding the account although there's a bit of a stink charge for doing it.
But I cant be bothered with banks and wires or even worse snail mail money orders etc.... they take too long.

Those money laundering laws in the US really get in the way for these sorts of things. I also had the problems setting up an account with GFT. They cant take a credit card for some reason.

Will keep you posted. But very much looking forward to some real action again. I fully expect to have a few dud trades initially tho, its the nature of the beast to play with my mind lol.

[dumbass]

from what i have seen you have been executing some sharp trades

MAY THE MOJO BE WITH YOU

[peat]

The FXTrade a/c is still not active and I have a zero balance so probably no real trading till next week. Cant bring myself to open demo anymore tho hahah.

I see FXtrade has gold and silver - looking forward to that as well.... Tho possibility of some pullback next with these so wouldnt quite be longing them at these levels.

[arco]