Forex rebates on every trade - win or lose!

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.

added some more and moved stop up

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

now to see if we find support here again 177.60ish

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

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 !!!

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)

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

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

Long Cable @ 1.7709

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

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.

thanks Hilary

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

Well done tellon you got the Cable bottom today

Looks like I got lucky,

Leaving my long open overnight, dont see any signal to exit yet.

Hil,

There's no serious threat of the ECB raising rates just yet.

Or of doing anything, anytime, one suspects.

Indeed MM.

Resistance selling on the downtrend line atm. Let's see if she can break it to the upside.

Entering a Cable short here 1.7750 with a tight stop
the early price action was bearish for Cable
and using this retracement of the fall to get in short

1 hour bars on Cable showing a definate declining top pattern


Euro however is strong today...so might be the case of GBP weakness
rather than dollar strength driving the price

Small position until the direction becomes clear

IP at 9:30 could determine direction, foale.

thanks Hilary ...will move up my scheduled toilet break

Get a commode.

:o)