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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

MightyMicro - 26 Jan 2009 22:09 - 10156 of 11056

I made the mistake of mentioning Jim Rogers to a buddy of mine (Director of Precious Metals at a bank in the city) on Saturday. It transpired that he did not have an exalted opinion of Mr Rogers. Broadly similar to his opinion of Mr Brown, as it happened.

chocolat - 27 Jan 2009 11:05 - 10157 of 11056

Don't stop what you're doing Hiltops.
But I think summat's up with the chart thingie in the header - at least cable and geppy from what I can see.

Spaceman - 27 Jan 2009 11:24 - 10158 of 11056

Good to see that Rogers predictions 'may take a decade' great, maybe they wont happen either. I never cease to be amazed at the crap that gets printed apparently from experts.

Looking at the daily chart you would have to be stupid to think that cable will do anything other than go down, the recent rally is smaller than 4 or 5 that have happened since July.

At some point things will change, but who knows when that will be.

MightyMicro - 27 Jan 2009 12:03 - 10159 of 11056

Tim (or is it Timbo now?) -- I guess you're referring to Rogers' aggressive/defensive letter in the FT today. Came over as huffy, petulant and self-righteous to me. Or am I the touchy one? ;-)

hilary - 27 Jan 2009 12:50 - 10160 of 11056

I don't mind stopping what I'm doing, Chocopops, but I don't know how to fix it.

:o)

I first noticed Rogers' comments last week. It struck me at the time that he had coincidentally made the comments on the same day as cable took the $1.45 level where it had previously bounced from a number of times over the last month or two and then proceeded to move quickly on down to the 2001 low. Some of it isn't rocket science, is it DelBoy?

MightyMicro - 27 Jan 2009 13:32 - 10161 of 11056

Hil: It can't be -- not if even my FD + self can contrive to move our USD earnings to GBP on the day of the 23-year Sterling low . . . :-))

Falcothou - 27 Jan 2009 19:12 - 10162 of 11056

Hilary see from breaking views that Greece is favourite amongst the PIGS to get swine fever...what is the wheelbarrow testicle Euro pair of choice?

hilary - 28 Jan 2009 08:24 - 10163 of 11056

I'm not sure that I understand exactly what you're asking there, Falco.

Falcothou - 28 Jan 2009 09:00 - 10164 of 11056

Which Euro pair do you favour?

hilary - 28 Jan 2009 10:50 - 10165 of 11056

I don't really have favourites to be honest, Falco. You need to remember that there are two sides to every pair and cross. So it's always going to be more beneficial shorting the Euro if the currency that you are shorting it against is strong itself.

The recent average daily ranges might give you a clue to volatility though.

EUR/GBP 171 pips
EUR/USD 248 pips
EUR/JPY 337 pips

I suggest that you perhaps allow the colour of your trousers to influence your decision.

Falcothou - 28 Jan 2009 18:43 - 10166 of 11056

Thanks

hilary - 29 Jan 2009 18:09 - 10167 of 11056

Loonie H4 buy set up forming.

jeffmack - 29 Jan 2009 18:29 - 10168 of 11056

whats the loonie, remind me

Spaceman - 29 Jan 2009 18:37 - 10169 of 11056

UC

chocolat - 29 Jan 2009 18:37 - 10170 of 11056

USD/CAD Mr Lazy ;)

jeffmack - 29 Jan 2009 18:41 - 10171 of 11056

I know.

Just started looking at MT4 again. USD/CAD not one I usually follow

chocolat - 29 Jan 2009 19:27 - 10172 of 11056

Ta for the nudge, Hil :)

jeffmack - 29 Jan 2009 19:41 - 10173 of 11056

Just watching, cant remember my account log on details

hilary - 29 Jan 2009 20:18 - 10174 of 11056

No problem, Chocopops. I thought the thread needed an enema.

Btw, somebody gave me an idea today that might interest you. I'll try to remember to mail you tomorrow. And, if I forget, I'll try to mail you next week sometime.

Falcothou - 29 Jan 2009 20:24 - 10175 of 11056

Soros giving the Euro a nudge today
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