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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!

Beeblebrox - 20 Jan 2004 11:43 - 148 of 11056

who's a clever girl then - even got the little pullback
i was waiting for 178.00 - greedy i know

hilary - 20 Jan 2004 12:24 - 149 of 11056

You're a star Beeble.

:o)

hilary - 20 Jan 2004 12:35 - 150 of 11056

That could be it for the moment, Beeble. I'll leave something there for the next person and come back to it later.

:o)

Beeblebrox - 20 Jan 2004 12:36 - 151 of 11056

running out of steam a little now,
do tell when any of the following occur;
1. you reverse
2. you change into trousers
3. you put your tennis gear on

i'm expecting tonights state of union to be good for $, so this current rise might get a knock on the head. b of e minutes may give us a clue to next months
rise or not debate.

Beeblebrox - 20 Jan 2004 12:37 - 152 of 11056

sorry hilary, crossed posts

hilary - 20 Jan 2004 12:44 - 153 of 11056

Beeb,

Funnily enough I'm expecting the opposite from Dubbya's address. I think that he'll announce fiscal spending in election year which will be bad for the dollar. I suspect that the GBP and EUR will both pullback this afternoon in anticipation of his speech and then move up again tonight.

The EUR has definitely been the poor relation to the GBP both long and short these last few days. All the price action has been on the GBP/USD cross.

hilary - 20 Jan 2004 12:48 - 154 of 11056

Beeble,

Do you fancy a knockabout then?

34small.JPG

Beeblebrox - 20 Jan 2004 12:57 - 155 of 11056

yes, i'm currently looking for a woman to play around with,
round of golf that is !
used to play a lot of tennis and squash - back problem limits me to fairways now, but i couldnt resist an offer like this so,
i'll try tennis in the morning, as long as you try golf in the afternoon,
p.s. i'm really good in the bushes

Sue 42 - 20 Jan 2004 16:04 - 156 of 11056

sorry to keep asking dim questions!

I now have a CMC account (& sub - account)

What is the difference between a 31 March 2004 (M) and a 31 MArch 2004 (Q)

?????

This is GBP to USD

hilary - 20 Jan 2004 16:20 - 157 of 11056

No idea, Sue, as I don't use CMC. The March IMM contracts are $6.25 BPH4 and they expire on 15/4/03.

Beeblebrox - 20 Jan 2004 16:37 - 158 of 11056

tried a small short on the cable @181.69, but got stopped out
@182.03 - of course it immediately came back down
todays rise is 3.5 cents - unbelievable

hilary - 20 Jan 2004 16:43 - 159 of 11056

It's in vertical mode now, Beeble. When I entered the positions, it was my intention to pyramid them and instead I came out. Muppet.

I'm happy with my lot for the day, but I'll just have to be patient and wait for an entry to get back in now I suppose. Hohumm.

Beeblebrox - 20 Jan 2004 16:48 - 160 of 11056

me too - dont think we'll see 178.30 again for a while though,
and tiddly dee !

Maggot - 20 Jan 2004 17:03 - 161 of 11056

Sue. I think I've solved it. If you ask for a price on the (M) bet it shows N/A, which you would expect as I wouldn't have thought it would be available until March 1. But the Mar (Q) bet does show a price.

Sue 42 - 20 Jan 2004 17:10 - 162 of 11056

maggot thanks

Do you have a view on dclinton's post about arbitrage?

Sue 42 - 20 Jan 2004 17:12 - 163 of 11056

maggot - I get a price for all the bets in sort of light grey. I think I'll ring & ask.

dclinton - 20 Jan 2004 20:48 - 164 of 11056

Sue - the (M) are monthly futures and (Q) are quarterly. However, I've yet to figure out exactly what underlying market these futures are actually tracking.

hilary - 21 Jan 2004 11:56 - 165 of 11056

The rising support line on the EUR/ and GBP/USD crosses looks like it might be coming under a bit of pressure.

Beeblebrox - 21 Jan 2004 12:37 - 166 of 11056

I'm listening Hilary
no trades today as have 5 positions open
on ftse, and us males have trouble multi-tasking
back to 182.00ish in my money, but with failing to find the top yesterday....
lol

hilary - 21 Jan 2004 12:49 - 167 of 11056

Can't you do cooking, dishes and ironing as well, Beeble?

:o)

Support line on the Euro looks to have been breached and the GBP looks like it might follow suit shortly. Hopefully, as I've gone short.
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