thanks for your reply colin. the reason i have made this post is that i have been in an extremely good financial chat room which is dedicated for foreign exchange and, similarly to your comments, it works well because it consists of a core group of traders who meet up everyday.
although people are trading different things using different strategies im sure that many people trade in similar areas too such as FTSE or dow indicies.
but in addition to this what makes the forex chat room that i have been in so useful is that people can highlight certain trends to each other in real time that you may have missed, we all bring in news from the main financial news sources and post it for everyone to see which combines everyones research together, and we can also get a feel for the overall sentiment as to what people are thinking in real time.
if anyone is interested in setting up a room or joining a room please send a post in this thread and maybe a few of us could set up a small group together
cheers
andy