Richard Hill Forex Net Trap

[BigDunc]

Hi guys,

sorry to butt in on your thread but is this the same system as being trialled on the cash-master site?

If you mean www.cash-master.com then yes, it looks like it is.

 

[gbdru2]

Out and went long @ 15129.6. Big buyers are stepping in.

I think they were buying dollars

 

[mark120169]

short @32

MNT33S Banked +10 for anyone trading it today.

M

 

[Tanguero]

Dubai, is it legal to trade FX over there?

 

[Dubai]

Yes it is, several brokers are setting up base there. There's a big convention there every couple of years.

I've recently just left Dubai for Aus.

 

[Tanguero]

I think they were buying dollars

...but just enough to shake out weak hands.

 

[mark120169]

MNT33S Mini Net Trap 33S Banked again today for July 2010

MNT33S +40 Wins x 4 loss None. Bank Rate July 100%

Sell 15132 Limit 15122 Stop 15162

M

 

[Tanguero]

Yes it is, several brokers are setting up base there. There's a big convention there every couple of years.

I've recently just left Dubai for Aus.

Isn't it against Sharia?

 

[Dubai]

Isn't it against Sharia?

No, they have special islamic accs where no interest is paid. It isn't illegal.

 

[Tanguero]

No, they have special islamic accs where no interest is paid. It isn't illegal.

So free leverage from local brokers? Does this mean that you can't trade through a foreign broker like IG?

 

[Dubai]

No, I traded through dukascopy and ATC. I'm not a local so I can trade through whoever I like. But also it's in a muslim's interests to go with a sharia acc to avoid paying interest etc.

 

[mark120169]

It is quite scary how some days cable does seem to track the FTSE movements, or vice versa, like MikeD said. Today is a classic.

Not sure which leads which?

M

 

[mark120169]

MNT33S Mini Net Trap 33S Banked again today for July 2010

MNT33S +40 Wins x 4 loss None. Bank Rate July 100%

Sell 15132 Limit 15122 Stop 15162

M

Yah INT banked +25 pips. get in

M

 

[gbdru2]

ok.. ok.. I cheated and just moved my stop up

rules... what rules

 

[insidergates]

ok.. ok.. I cheated and just moved my stop up

rules... what rules

stop to breakeven, with less than half an hour to go don't want to loose

 

[Tanguero]

Those bulls were bears in disguise! -30 for not following NT!

 

[gbdru2]

Those bulls were bears in disguise! -30 for not following NT!

And let that be a lesson to you young man

 

[gbdru2]

hmmmm.. shall I close on time or let it run???

 

[missionary]

I have been saying that all along !

Its your money so look after it with the stops.

mish

 

[Tanguero]

And let that be a lesson to you young man

:cheesy: It happens! Still, I can see somebody was buying in retracements. Am leaving a buy order @ 1.5071 and then let's see whether it will be hit.