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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!

Tellon - 09 May 2004 12:21 - 1238 of 11056

Hello All,

Thanks for the calendar hill...

I think the euro is oversold and is a buy.

Wednesday is the next big move for cable imo..

Hope your all having a good a weekend.

foale - 10 May 2004 07:48 - 1239 of 11056

Should be some support around this....17760 area based on price action
early last week

Beeblebrox - 10 May 2004 08:16 - 1240 of 11056

small long cable 177.69 - tight stop !

hilary - 10 May 2004 08:26 - 1241 of 11056

I'd say that there's at least another 100-150 pips to come from the short side over the next day or two.

Isn't hindsight wonderful? My short positions from the middle of last week would have all been well into the money by now had I not been stopped out of them. Hohumm ...... move on. I'm short again but from a significantly lower entry level at 7am this morning and with a significantly smaller postion size.

edit: Stops at breakeven so it's not all doom and gloom I suppose.

hilary - 10 May 2004 08:29 - 1242 of 11056

Btw, struggling to get the FX Strategy Pro Commentary today. Has anybody else tried it?

hilary - 10 May 2004 09:01 - 1243 of 11056

Finding support at 17750 so I'm out. A profit's a profit but it wasn't what I was really after.

foale - 10 May 2004 09:10 - 1244 of 11056

Not after a profit :-)

shall I send you my account details
you can pay it into my account

Seriously.. well closed out
What a market...where are those smooth runs of 250-300 pips

hilary - 10 May 2004 09:25 - 1245 of 11056

foale,

I'm wondering if the EUR/USD isn't a better play atm on the short tack and play Cable for the up legs. There's no serious threat of the ECB raising rates just yet.

Beeblebrox - 10 May 2004 09:38 - 1246 of 11056

added some more and moved stop up

Beeblebrox - 10 May 2004 09:46 - 1247 of 11056

out flat o/a - didn't get my moneys worth !

now to see if we find support here again 177.60ish

foale - 10 May 2004 10:02 - 1248 of 11056

Beeble ...its Monday

shouldn't you be buying up all
those cheap equity thingies atm

Thought you were only a Thursday/Friday Cable man?

Hilary...yes..I am watching euro too
with more interest than usual

Beeblebrox - 10 May 2004 10:07 - 1249 of 11056

those cheap equity thingies i suspect will be a little cheaper soon,
ditched all my longs which thankfully were not too large

may try a long again soon - even though it's monday !!!

hilary - 10 May 2004 10:14 - 1250 of 11056

So let me get this right, Beebs ......

Monday = Equities
Tuesday = Golf
Wednesday = Golf
Thursday = Cable
Friday = Cable

That's some diary you've got there.

:o)

Tellon - 10 May 2004 10:20 - 1251 of 11056

Still no postion for cable yet. I belive it needs to drop more before it goes up.

Beeblebrox - 10 May 2004 10:23 - 1252 of 11056

must increase the golf allocation - could save me a fortune !

Tellon - 10 May 2004 11:38 - 1253 of 11056

Long Cable @ 1.7709

foale - 10 May 2004 11:52 - 1254 of 11056

Euro very resilient off the 11820 area
enough to make me close a tiny short for
and even tiny'er number of pips

hilary - 10 May 2004 12:21 - 1255 of 11056

I mentioned earlier about not being able to connect to the FX Strategy Pro Commentary this morning.

Anyway, it appears that they've changed their website. Their new website appears to now be here.

There's an awful lot on strategy, etc. Well worth a browse imo when you've got a spare half hour.

foale - 10 May 2004 14:20 - 1256 of 11056

thanks Hilary

with this market...looks like I have all day

foale - 10 May 2004 15:44 - 1257 of 11056

Well done tellon you got the Cable bottom today
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