Forex rebates on every trade - win or lose!

Beebs, Although I rise above Hil, I'm of relatively attenuated elevation. And the Manolos wouldn't really suit me.

The name refers to Christopher Evan's 1979 book "The Mighty Micro" about the upcoming microcomputer revolution.

6 foot 4 here but if height equates to trading skill then there is not a lot of correlation in this instance.
All good traders have long ago put their feet up for the day and enjoying a drink in the garden but I am enjoying the current run up in the pound although trailing stop now set.
Who said you have to stay at home for MPC to get some action!

1.85? through or turn or pause?
Overeaction earlier to vague hopes for 0.5% rise.
Some support 1.84, trying to get past 1.8425 or a bit of reversal?

Earlier long "gain locked" out. Now reversed short
Under exuburance on the short side after BOE didn't give 0.5 earlier today.
Possible overexuburance on the long side between 12.00-1.00 and 5.30-6.00 when above was reconsidered and possible US premium going into long weekend.
Retracement due and stuck between 1.84/1.825 for hours now.
Only a small overnight short that ideally will hit a limit as I slumber.

Closed overnight short, or should I say limit closed it before I got up but +113 a useful start to the day.
Now with US closed I should have the rest of the day off but there must be a long trade with limits and stops in there soon?

morning all,
well what a roller coaster cable has been over these past
24 hours - well done hodgins - nice ride that............

again i'll probably miss it, like yesterday, but now inclined to join
you long...waiting for 182.20ish - or am i being greedy...

Well done, hodgins. Looks like I screwed up by jumping ship too early yesterday afternoon. After being whipsawed on two earlier trades though, I didn't want the same thing to happen a third time even though my indicators said to stay in the trade. That's one of the emotional problems of trading, imo. I'll see if I can stay a bit more disciplined today.

Also looking for a long, but not just yet. Patience, Rodney.

little toe only 182.25

182.2 more or less, toe dangling but not gone in yet.

just heard on gloomberg some fed guy
has said rate rises will be faster
than previosly anticipated - seems a
bit of overreaction - 2 cents down.

Long, if for no other reason than off on school run and to dentist.
Limit set and hopefully neither inflicts pain.
Not quite perfect entry

large novacaine then hodgins...
good luck

Hil, come on, pay attention there, dear leader, get your header updated for the new interest rate :))

Sorry Derek. Slapped wrists ....... I've updated it for you now. It would be useful if you could get some of your rocket scientists to invent something which would update it for me automatically.

:o)

Btw, does your mobile forex device (which you showed me when I wasn't there) include indicators like RSI and Stochs and MA's? And can it do different timescales and periods? And is it just a line or can it draw candlesticks too?

Long on a buy signal for the Euro, but still waiting for a signal on Cable.

Hil:

Thank you for the shiny new base rate.

The current version of the mobile software doesn't include indicators and so on, simply streaming line graphs.

However, we have plans to do such things, at least for the more capable mobile devices (smart phones) and Blackberry.

I have a short on Euro at the moment. Curently +114 stop at a retrace to 61 though. I think it will keep going down. 1771 my target

Ouch, dentist bill worse than pain for finalising two crowns further back than where porcelain rather than gold is partially rebated on NHS.
Earlier long mortally wounded?
Euro didn't go below earlier low of day unlike pound

Could be seeing a window to enter the Cable long very soon. Imo, of course.

I am sitting just a little below flat from around the earlier low of the morning (the width of my stops would probably scare a lot of you but small stakes-anyone else going to the ETrade function next Friday, quite a bit of Fx stuff for neonates like me) so I would be pleased if you could get those windows open