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ItsMrAlex2u
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« Reply #1 on: October 03, 2008, 10:28:59 PM » |
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Very very hard to confidently predict the fx markets at the moment. Most of the opinion is that it will re trace back up to 1.90 though so yes!
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Best QM ever
FACT !
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Acidmouse
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« Reply #2 on: October 04, 2008, 02:58:37 AM » |
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I brought all mine across yesterday. Happy it wont go too far under 1.7 soon.
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Amatay
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« Reply #3 on: October 04, 2008, 04:25:51 AM » |
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yeh, ive withdrawn a chuck of change aswell. gotta be an all time best rate i reckon
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There is no better feeling than rocking up in a city for the first time, with nowhere to stay and everything new - so liberating.
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DaveShoelace
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« Reply #4 on: October 04, 2008, 09:41:31 AM » |
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Im a bit of a spanner when it comes to currency, so help me out here chaps.
A big chunk of my bankroll is in Neteller at the moment in dollars, and obv if I withrdraw that now I make a nice little bit of £ on the good exchange rates. If I have to redeposit into a poker room soon after (ive only got about 30% of my bankroll in a poker room at the moment) it will cost me more than usual? So withdrawing is only really worth it if there is a good chance you wont have to move that money around back into dollars again soon?
I think Im gonna do it, because the extra pounds I make compared to a few months ago more than covers a losing month of September for me (in fact that combined with a good rakeback deal made it a winning month)
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Hairydude
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« Reply #5 on: October 04, 2008, 11:36:28 AM » |
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your best bet is to have a seperate sterling bank account with debit card-as your getting more £ for $ at the moment- so withdraw all of it to the sterling account and just debit the money available for the games you need to play(at the going rate)-rather than using your poker/neteller accounts as holding accounts- in the same respect when you book a decent win withdraw it back to the sterling account until the $ starts to go back up- then when this trend starts(which is quite hard to identify at the current economic climate) get it all back onto the neteller/poker accounts
I think you can use past history of currency to kind of forecast what months it is likely to go up but obviously at the moment its a lot more volatile
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« Last Edit: October 04, 2008, 11:43:27 AM by Hairydude »
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Families is where our nation finds hope, where wings take dream
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Grier78
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« Reply #6 on: October 04, 2008, 03:28:52 PM » |
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Im a bit of a spanner when it comes to currency, so help me out here chaps.
A big chunk of my bankroll is in Neteller at the moment in dollars, and obv if I withrdraw that now I make a nice little bit of £ on the good exchange rates. If I have to redeposit into a poker room soon after (ive only got about 30% of my bankroll in a poker room at the moment) it will cost me more than usual? So withdrawing is only really worth it if there is a good chance you wont have to move that money around back into dollars again soon?
I think Im gonna do it, because the extra pounds I make compared to a few months ago more than covers a losing month of September for me (in fact that combined with a good rakeback deal made it a winning month)
Its best not to try and play the currency markets using your poker accounts as its -EV due to the spread between the buy and sell rates used on poker sites/bank cards/Neteller. The trick would be to avoid depositing and withdrawing as much as possible, obviously the best situation is to withdraw only, but not everyone is lucky enough to be in that spot. |
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TazDevil
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« Reply #7 on: October 04, 2008, 03:37:21 PM » |
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so would it be wise to withdraw most of your $$ accounts at this time cos the market is closest to 1:1 as it has been in well forver??
if so im gunna hook up my rolls and wack all of em out to my bankage spot
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Amatay
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« Reply #8 on: October 05, 2008, 04:45:41 AM » |
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so would it be wise to withdraw most of your $$ accounts at this time cos the market is closest to 1:1 as it has been in well forver??
if so im gunna hook up my rolls and wack all of em out to my bankage spot
yes mate. withdraw a decent % imo |
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There is no better feeling than rocking up in a city for the first time, with nowhere to stay and everything new - so liberating.
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Karabiner
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« Reply #9 on: October 06, 2008, 05:56:40 PM » |
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$1.74 is starting to look very tempting indeed.  |
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"Golf is deceptively simple and endlessly complicated. It satisfies the soul and frustrates the intellect. It is at the same time maddening and rewarding and it is without a doubt the greatest game that mankind has ever invented." - Arnold Palmer aka The King.
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Rookie (Rodney)
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« Reply #10 on: October 06, 2008, 07:18:16 PM » |
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so would it be wise to withdraw most of your $$ accounts at this time cos the market is closest to 1:1 as it has been in well forver??
if so im gunna hook up my rolls and wack all of em out to my bankage spot
Ya coz you have money of your own. |
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HI HELEN!
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Robert HM
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« Reply #11 on: October 06, 2008, 07:25:21 PM » |
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so would it be wise to withdraw most of your $$ accounts at this time cos the market is closest to 1:1 as it has been in well forver??
if so im gunna hook up my rolls and wack all of em out to my bankage spot
Ya coz you have money of your own. Was waiting for someone to spot this. |
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LeKnave
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« Reply #12 on: October 06, 2008, 07:59:35 PM » |
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so would it be wise to withdraw most of your $$ accounts at this time cos the market is closest to 1:1 as it has been in well forver??
if so im gunna hook up my rolls and wack all of em out to my bankage spot
Ya coz you have money of your own. he does tho, DUCY? |
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Author