Forex rebates on every trade - win or lose!

I bet you Tweeted it on one of those iPhone wotsits as well where you need a prior visit to Specsavers Flossieshop just to see the bloody screen!

Talking of Chocopops - has she stopped trading or just stopped posting?

Currency Trader Magazine available for free download here.

Often a place for ethereal mathematics, but some quite interesting stuff occasionally. Anyway, it's free, so nothing to lose.

ttt

x

Oh, Dilbert. I didn't know you cared.

lol , I was fed up with ttt and .


:-)

Cloud analysis by David Linton http://www.updata.co.uk/chartsthisweek/290310/290310forexyt.asp

Hey! Did the header just change? Hiltop?

... into a toad at midnight?

Honestly, I haven't touched it, DelBoy. It's probably those dodgy specs you've been wearing.

:o)

I know, Hil, I should have gone to *censored*

Tee hee ...

ttt :-)

Goldman says buy the pound as there's little to fear from a hung Parliament

I guess they're looking to short it then. They're not known as "The Root of All Evil" without some justification.

Agreed Hil, we're a sliver away from our credit rating being reduced, and then all hell will be let loose

ttt :-)

Why Greece Will Default

Never have and never will believe in a cross border fixed exchange rate MM.

History shows fixed exchange rate systems starting with in modern times the Bretton Woods deal have never worked and have eventually broken down but fairs fair the euro has lasted a lot longer than sceptics myself included ever thought it would.

All the Germans I know were so happy to join (NOT) and are now so overjoyed at the way things are panning out (NOT) , beginning of the end imo ... remember how they (Germany , France , etc) did their duty and helped us out in 92 ?

I don't agree that it's a given Greece will default. The bailout is intended to buy them enough time (it's suggested 2 years) for sentiment and confidence in the bond markets to improve sufficiently to enable Greece to return to the bond markets. Hopefully that will be the case.

That doesn't mean, of course, that Greece's problems have gone away and they do still need, imo, to implement some serious austerity measures in the face of a European (if not global) depression.

I think that the biggest problem facing the Eurozone currently comes from the likes of Spain and Portugal, who Germany simply cannot afford to bail out. Equally there's a chance of Germany waking up one morning and saying "We've had enough of this crap" and walking away.

A lot will now depend upon whether the ECB are willing and able to pull a rabbit out of the hat. There's been a suggesting that they could issue an ECB-backed Eurobond which would be attractive to the market. Who'd be a central banker, huh?

As for Dilbert's post on the fixed cross-border exchange rates, I agree with Nick.

:o)