Blog - 2007-03-28

Location: Blogs My journey with GBPUSD Chat Room Archive
Posted by: BrianTran	3/28/2007 2:07 PM
ForexPlane.com Editor: around 9am Pat: Hello Everyone ForexPlane.com Editor: hi pat! Community: hello Pat ForexPlane.com Editor: nice to see you in chat room again Community: How are you doing today Pat: Thank you. I am doing good. It was nice conversation please carry on Check out our sponsored link: null ForexPlane.com Editor: about the trading bit? Community: How are you doing with your test account Pat? ForexPlane.com Editor: so kent, how many forex brokers are based in switzerland? ForexPlane.com Editor: any ideas? Check out our sponsored link: Pat: I feel that I am losing real money - so I am trading very less Community: Please check out our Compare brokers Community: there are many... ForexPlane.com Editor: i see Community: may be more than 20 ForexPlane.com Editor: ok gotta go there once in awhile Community: but most of them are not straight ForexPlane.com Editor: pat, what strategies are you using? ForexPlane.com Editor: straight? ForexPlane.com Editor: legit? Community: Yes, legit Pat: not sure - I think its Straight Community: and the legit ones are very expensive... Check out our sponsored link: null Community: with about 50K minimum deposit Community: and sometimes commission charge as well ForexPlane.com Editor: hmmm, i guess it happens everywhere ForexPlane.com Editor: wow, it's enough they take the spread but also the commission? Community: Yeah ForexPlane.com Editor: this is one disadvantage forex traders have Community: I have done some of the compare brokers ForexPlane.com Editor: this playing field is very steep Pat: Check out our sponsored link: - Nothing is displayed here - is there some problem ? ForexPlane.com Editor: you got the leverage, the commissions, spread, ForexPlane.com Editor: then the lockouts at certain times Community: and found out that most big brokers in Swiss are generally do not deal with individuals ForexPlane.com Editor: the brokers are not legit and no one is there to regulate them Check out our sponsored link: Community: and are very serious in Forex... ForexPlane.com Editor: i see Community: for the Forex heavy duty players Community: or institutions ForexPlane.com Editor: i see Pat: ok ForexPlane.com Editor: i'm sure lots of clients abroad are their clients Check out our sponsored link: null Community: Yes, I am sure ForexPlane.com Editor: looks like USDJPY is really moving today ForexPlane.com Editor: USD is really weakening all around Check out our sponsored link: ForexPlane.com Editor: looks like we have more weakness to go since the economic reports of late have been negatives ForexPlane.com Editor: this plays a role in weakening dollar Community: I would hold my money for now Pat: Yes I heard that year 2007 or 2009 will be a great correction year for US Econony ForexPlane.com Editor: i think Bush got us into war, so US debt is going up ForexPlane.com Editor: this causes the weakening in the dollar Community: Well, watch out for any year with US New president coming in Check out our sponsored link: null Pat: There are many reasons and it is the main reason ForexPlane.com Editor: national debt is not good ForexPlane.com Editor: export/import deficits not good either Community: Yeah ForexPlane.com Editor: these are the reports we need to keep an eye ForexPlane.com Editor: on Community: I think the war is really expensive ForexPlane.com Editor: institutions always evaluate on a long term so they use this data to adjust their holding accordinly ForexPlane.com Editor: for daytraders or swing, this is no problem Pat: Yes it is - Just imagine they have to 3 times the original salary when a soldier is in the war front Check out our sponsored link: Community: Well time is up for today session Pat: Bye folks ForexPlane.com Editor: yep, gotta go too

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