Recent content by mclhrr

With the unfolding MF Global scandal where ordinary people lost money from client accounts you now need to ask yourself how safe is my money with a broker ? As far as I know unlike UK bank deposits where your first £85,000 is protected by the govt you have no such rights with any broker. If...

:lol:

Is it to do with planetary alignment ?

Price of gold is whatever anyone is willing to pay for it. Traditionally seen as a safe haven in times of turmoil as now. One problem I think that limits the upside is the fact that gold has been touted for around 5 years now as thing to be in. So in a way its had its run, also you still need...

I looked into this a couple of months ago while IG were still doing property bets but the spread was three thousand quid. They were quoting 181/178, which is based on the national average price in thousands, I decided not to bother.

Ive just requested my remaining balance back from CS. Ive had many problems getting trades on and off at the correct time. Ive noticed in the trades history section, it tells you the name of the dealer. As it always seems to be the same one depending on the time of day and market, it makes me...

Well I was right, but of course like most cats this one has more than one life and it has bounced up again !

Today we have a typical dead cat bounce scenario. At time of writing the FTSE has risen then bounced off a top of 4106. Sell now from here, FTSE could go as low as 1700 in theory. See this article BBC NEWS | Business | How low can the stock market go?

Been there done that and lost my T shirt, when I bought some B+B shares at the knock down price of 0.35p then they went down to 0.22 so I bought some more laid out £800 in total then just two weeks later that no good two bit thunderbird eyebrowed wazzock Alistair Darling stole the Company, sold...

Tell me a secret If anyone would like to reveal any secret money making scheme to me they can send me a personal message I promise not to tell anybody else if it works, but if it doesn't I will blab my mouth off. Thats fair isnt it ? :lol:

Does anyone have any experience with the Elliot wave currency speciality service ? Feedback appreciated.

Hi tracer, Ive just read your post which you made back in September. How is your trading progressing now youve had chance to put the things you learnt in the power course doing ? Ive been tempted for a while to do the same as you but after all $500 is $500 and that buys a lot of books which is...

M,mm might have guessed this guy's not as clean as he'd have you believe. I too recieved a mail shot today. OK £50 quid isnt a lot of money but if hes in cahoots with stanzione I'd give it a wide berth too. as for the "formula". There are only 2 real formulas, fundamentals and technicals and...

Cricket, if you look at the daily charts E/$ there was a double peak on the 16th of Feb. The euro has had a long run upwards until this point. I would say things are now reversing, even if ECB raises rates I dont think this will have much immediate effect on the economy of the eurozone. I think...

Thanks once again folks for all the advice. Im now studying TA at Stockcharts web site. Also have virtual account with Refco/fx which gives you a virtual $50,000 to play with. Lost $750 yesterday but am beginning to grasp the principles. But what happens when everyone has the same knowledge as...