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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!

hilary - 03 Jun 2004 07:19 - 1585 of 11056

You can't buy what I want in a wine warehouse, Beebs. Nice bit of beef, btw ..... more rare than medium-rare as it turned out, with pasta and a salad and steamed plums and rasberries on a pancake with creme fraiche for dessert. Winston, my dog, enjoyed the bone and there's enough left from your serving for lunch today.

:o)

Cable found support overnight from the bounding line of that expanding triangle. It wouldn't surprise me if it breaks on the next test though. When will that be? I'll try to paste up a chart later.

hilary - 03 Jun 2004 07:28 - 1586 of 11056

CABLE3604.JPG

Sue 42 - 03 Jun 2004 07:57 - 1587 of 11056

did you cook the beef for just you & the dog?

I am kicking myself - closed a long & then opened it again lower duh! now a lot lower!

hilary - 03 Jun 2004 08:09 - 1588 of 11056

Pretty much the case Sue. I fed my husband and 2 kids a tin of Pedigree Chum and some Eukanuba.

prodman - 03 Jun 2004 08:14 - 1589 of 11056

hilary - sounds to me as if you spoil them.

hilary - 03 Jun 2004 08:16 - 1590 of 11056

You're probably right, prodman. Maybe I'll give the Eukanuba a miss tonight.

hilary - 03 Jun 2004 08:28 - 1591 of 11056

Saudi & Kuwait seem to be paving the way for output increases at the top end of expectations against the wishes of the smaller producers. That should see Cable tank imo.

Sue 42 - 03 Jun 2004 08:28 - 1592 of 11056

? what's eukanuba?

& should I be going long or short?

Oh dear - when you say tank - do you mean dollar weaken or strenthen?

hilary - 03 Jun 2004 08:35 - 1593 of 11056

Eukanuba is a premium dog food, Sue.

I'm afraid that I can't advise which side of the pair you should be positioned, but when I say tank I mean that I would hope it will fall ie Sterling weaken/greenback strengthen.

hilary - 03 Jun 2004 08:37 - 1594 of 11056

Beebs,

Where are you in the Rogues Gallery?

004.jpg

prodman - 03 Jun 2004 08:39 - 1595 of 11056

Beebs - I think Hils is the 36-28-36

Beeblebrox - 03 Jun 2004 08:40 - 1596 of 11056

1st right of the board - you can't see much of me,
which is probably a good thing !!!

hilary - 03 Jun 2004 08:40 - 1597 of 11056

Cheek!! 34D-25-35 as it happens.

:o)

Beeblebrox - 03 Jun 2004 08:41 - 1598 of 11056

prodman;~)

prodman - 03 Jun 2004 08:45 - 1599 of 11056

:-)))

Sue 42 - 03 Jun 2004 08:45 - 1600 of 11056

ah - you live & learn - we only have hamsters.

Beeblebrox - 03 Jun 2004 08:47 - 1601 of 11056

i take it they're metric measurements hils ?

hilary - 03 Jun 2004 08:49 - 1602 of 11056

As much as I enjoy your company, that's enough for me atm. I'm short with a stop at entry and I'm just going to leave it for now in the hope that it can break down throughout the course of the day. I've got some other work to do this morning and, if the weather holds, I'd like to do my white bits in the garden later. Will look in later.

Tellon - 03 Jun 2004 11:33 - 1603 of 11056

GBP has bounced off 61.8% fib retracement and also has bearish indicators on the daily.

getChart.asp?c=CHART20046362950706&i=PCP

Any comments about my prediction for further drops? based on my TA and the fundamentals of decreasing oil price and increase in US stat anouncements.

Beeblebrox - 03 Jun 2004 14:00 - 1604 of 11056

Tellon;
as i said a few days ago, it's beggining to look overbought. we've gone from
176 up to 185 in 4 weeks, with no particularly negative US news other than oil.

goldman sucks and warren buffet both think $ is going to remain weak, and on the
international scene the only currency preferred to is the swiss.
is viewed as being cheap at these levels, and the steam train will keep on rolling up over the medium term imho.

the correction from 185 down to 183 over the last day or two may be enough,
it all depends on the oil situation, which i think has a lot of mileage in it
before it's played out. interest rate thoughts are currently playing second fiddle.

my current view is we may retrace a little more - as i said 'tother day - to
181-182, but my view is it'll be up, up and away again after that. it would'nt surprise me to be testing the 191 high over the next 4-8 weeks.

but please remember - i'm no expert !!!!!



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