Mr Spread Betting is back, be careful everyone

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Old Mar 6, 2012, 1:29pm   #33
Joined Sep 2008
re: Mr Spread Betting is back, be careful everyone

check the currently active users too. lol
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Old Mar 6, 2012, 1:32pm   #34
Joined Jul 2010
re: Mr Spread Betting is back, be careful everyone

i just came to see what all the talk was about
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Old Mar 6, 2012, 1:33pm   #35
 
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re: Mr Spread Betting is back, be careful everyone

Quote:
Originally Posted by barjon View Post
sorry to spoil your fun but MrSB banned now
oh come on barjonny let us have our fun.
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Old Mar 6, 2012, 2:31pm   #36
 
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re: Mr Spread Betting is back, be careful everyone

Quote:
Originally Posted by MrSB View Post
Italian/German 10 year govt bond yield spread widens out to 327 bps from 310 bps.

As I stated there is still un-triggered SELL STOPS under the 1.3135 level, and I feel the market will target this fresh supply area ahead of BID's lower down. So if the EURO is to push lower, then the following ORDER details should be punched in.

So therefore my TRADE CALL is to short the EURO/USD.

SHORT EURO/USD @ 1.3128

PLACE STOP LOSS @ 1.3140

TARGET @ 1.3100
interesting trading call.

something I have noticed with FX is that if price heads cleanly for a round number then it is virtually guaranteed to reach it - or am i talking complete bollox???

it seems to me that that a lot of participants want it to reach the RN for whatever reason. It is rare for price to turn around and reverse right before a RN in my experience. anyone comment on this?
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Old Mar 6, 2012, 2:48pm   #37
Joined Jul 2010
re: Mr Spread Betting is back, be careful everyone

well the trade is active now.... so lets see what happens....
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Old Mar 6, 2012, 2:58pm   #38
 
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re: Mr Spread Betting is back, be careful everyone

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Originally Posted by deebee1 View Post
well the trade is active now.... so lets see what happens....
indeed it is and it's a bold call with SL only 12 pips and target 28 pips.
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Old Mar 6, 2012, 3:53pm   #39
 
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Joined Jul 2011
re: Mr Spread Betting is back, be careful everyone

Quote:
Originally Posted by ChocolateDigestive View Post
interesting trading call.

something I have noticed with FX is that if price heads cleanly for a round number then it is virtually guaranteed to reach it - or am i talking complete bollox???

it seems to me that that a lot of participants want it to reach the RN for whatever reason. It is rare for price to turn around and reverse right before a RN in my experience. anyone comment on this?
That's been my experience, though I've seen plenty of cases where it hit the xx15~10 going down or xx85~90 going up and reversed.

Part of the reason why I don't mind not having an order book in FX. It's still predictable at times.
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Old Mar 6, 2012, 4:49pm   #40
 
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re: Mr Spread Betting is back, be careful everyone

Correct me if I'm wrong, but last time Dave was on (the first time at least), didn't he give away his stuff for free to "respected" members on T2W, and these "respected" members gave it the all clear? Then it turned out to be BS. Something to think on.
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