Forex rebates on every trade - win or lose!

:-)))

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

i take it they're metric measurements hils ?

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.

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



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.

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 !!!!!

if it holds over 184 we could be turning a tad bullish,
key level now 183 92-96 at mo.

Stoped out +40 looking to short from anywhere near 1.8500 though..

Or maybe not.. I give up.. Im buying M&S shares..

tellon :~)

Morning all

Playing the short side today
as the second attempt at the recent highs
was rejected last night
though unsure of how far it will go

or where my target should be
in an ideal world 18280-18300
Still its about where to place your stops
...and let the target take care of itself

I still happen to think that there is a fair bit of mileage on the short side but I also feel that it needs to get below the 18250/18300 levels in order to get the bulls out of the market.

Non-Farm Payrolls day!!

Who wants to make a million!!

Damn It.. Not me.. - 27 pips

About now is where it starts getting hard
shorted it from the highs..to 8403..

and still I am inclined toshort

Hilary what you making of all this

Looks like I am the only one trading FX...heavily short atm
and feeling a bit more confident

I am too - I am scalping short positions.

foale,

I'm just standing still with this atm. What I make one day, I give back the next. Got stopped from my short on the crazy 1:30 price action.

Tim (nice but dim) giving more enjoyment this afternoon. I'll look at it again on Monday.

hilary - if you trade every other day, think of how much you would be making, well that's if you pick the winning day first. :-))