Forex rebates on every trade - win or lose!

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

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.

Hils (off-topic): you coming to the traders' day?

mm; Dont think she's coming, but may send the legs

I'd love to come, boys, but I'm already booked in for a pedicure on that day.

:o)

Seriously, don't think I'll be able to make it ....... my son's the school goalie and he's playing a match that day.

didnt quite get the correction back to 182.00 i expected,
bit directionless atm, like the dow,
you still short hilly baby ?

hilary, first time I have visited this thread, congratulations on the header post, its a model of clarity and useful information.

I will be back.

Beeb,

I got stopped on my GBP, but hanging in there with the EUR.

I'm a bit torn on the 12560 spot level. It seems to have been key support over the last 5 days.

Dollar weakening again - just went short & scalped a few.

Sue - sent you a message. Also updated my profile to contain my email address.

Bother sat & watched dollar strengthen & did nothing.

Could have made 40 points in 10 mins.

What a well run thread this is!

and were is the coffee ?

Boyse - what do you mean?

I think he means what a well run thread!

???????????????

B.,

Forget the coffee. Isn't the Bolly on you?

:O)

Greenback seems to be struggling for direction this morning. Think I'll sit on my hands for now and wait for a clear break one way or the other.

Well, my bunglings on the pound/dollar yesterday left me about 60 points down on the day. Of the 600 points of rise over the past three days I have managed to capture about 23 :-(

Holding a position open, looing for a further rise today. IFR Forex Watch suggest we'll see a retest of the January high of 1.8580.

[IFR Forex Watch]
[GBP/USD OUTLOOK]

[20:41 GMT January 22] Cable remains underpinned by rate hike expectations and
the resumption of a dollar-bearish psychological backdrop. ECB jawboning is
paying diminishing returns in EUR/USD and cable retains its preferred status
owing to stronger growth than the EU and less onerous deficits than the US.
Cross trade was particularly noteworthy today, with several large chunks of
GBP/AUD bought by a UK name. Dealers were unable to identify the flow, but
it felt like a "deal bid", for M&A purposes, for example, rather than for
speculative purposes.
Technically, Cable looks set to re-challenge the 1.8580 highs set earlier in
January, with a strong zone of support forming between the 1.5370 and 90 levels
on dips. The 1.5390 level was briefly visited in New York after another
unfounded rumor of Osama bin Laden"s capture made the rounds at mid-morning.
UK Q4 GDP and UK retail sales are due for release tomorrow, and will seal the
deal on whether or not the BOE will hike rates in February. MPC member Large
made no mention of rates or the economy in a London speech this PM. --JC/rd