Forex rebates on every trade - win or lose!

Hey we're nearly there Hiltops :)

If you draw 2 lines through the lows and highs from 12 onwards on the chunnelly thing, we're just about diving into the nose now.

Hi

Does anyone trade Fx with CMC S/B I have noticed teh oddest thing on GBPUSD normally (most of the time) it is a 3point spread but then suddenly for no reason it moves to a 15 point spread for a few seconds.

Any ideas?

Yes Sue, I have that at times, happens more on an evening and I'm fed up with it.

Sue

Maybe stop loss raids??

The market has been very gappy again this week. They may just be widening the spread for a short time while they try to get a position away themselves.

If that's the case I think you've just got to live with it.

sue42. its something I noticed with them, did mention it on a cmc thread back in december. Think most of the f(X)ucket shops alter their spreads in thin/volatile markets, some of them even had the decency to tell you it might happen, something cmc forgot to mention.

PS happy new year all you fxers, hope you didnt mind hils, just had to go and check out the white stuff for a little while before the french arrived enmasse in feb..... it was nice and fairly quiet, weather a bit mixed, some great powder at times!

Cable must be getting quite toppy in terms of trendline , anticipated cut tomorrow imho though seems to rally with banks and indices which are squeezing the bears til they squeal

Commentary about cable from elsewhere:

Stops are building above the 1.4500 level with short-term traders invoking their god-given right to fade anything resembling a trend. Technically, the pair looks pretty good if it can overcome resistance in the 1.4545/50 area. A break of that zone would target the 1.49/1.50 region again, levels last seen in mid-January.

Bank cuts rate to record low

Anyone recognise a trader formerly known as ... Most Outrageous Southerner? ;)

Well you were right about 1.49/50, Seymour. What's your secret to riding a trend? Have you taken profits and gone short or are you waiting for this new Bail-out to get finalised?

Flossie's secret is a can of dog food and a 2am call on his alarm clock.

:o)

She's not wrong :-))

Hil knows about my nocturnal habits.....

Incidentally Falco, that wasn't me commenting, it was cut 'n' pasted from another site.

Hil knows about my nocturnal habits..... hope she doesn't know about mine.

or mine!

I hear dog food can be more nutritionally beneficial than the majority of British dietary habits, is that accompanied by a nice glass of Chateau-neuf?

I'm not sure about the nutritional benefits, Falco, but it's sure had a nice taste to it these last couple of weeks. Eh, Flossie?

:o)

You bet Hil, and continuing. You have mail btw.

Is the average trade time the time of day when trading, or the length of time the trade was running? Impressive record hope it's not a demo account!

That's average trade duration from a live Alpari account, Falco. I've also got it live on another account too. One trade a day - fixed TP and SL. Wins around 80% on cable and around 65% on loonie (although it's been on a good run lately). Average loonie win size ratio is higher, so PF for both pairs should come in about the same.