Forex rebates on every trade - win or lose!

Moving home...back soon

Looks like we might have a little retracement coming. Could open up a window to sell the Dollar against the Europeans. Imo of course.

Anyone playing?
Quite a feisty day for the pound with 150 points from the bottom to the top.
I wonder if it can get and stay above 18150?

not playing, but watching hodgins,

have just gone long ftse,4460

and if they push the cable down below 180.20 ish
i'll probably have a dabble. unlikely, i know,
but these yanks do get very excitable.......

i see a rosy future for cable over the next few weeks,
just need to get this .25% increase absorbed..........

Doesn't look like the market knows what to do after the Fed. Whipsawed on both longs and shorts today. Giving it one last go for today with some Dollar shorts in the hope of finding some Va Va Voom.

Ahem. Beggin' your pardon, Miss, but the U.S. interest rate is now 1.25%.

(Now I suppose I'm going to get a dig about updating it automatically . . . :))

D.

I thought that your rocket scientists were on the case Derek.

:o)

What a tedious day on the fx!!

battling with 1.82, upside break?

Enjoyed the sun today!
Trailing stop from Friday on long hit around 3PM. Long again from around 1.8275 (via spreadbet) an hour or so ago.
Natural pullback today and targeting about 1.8480 on further upside?

Short myself.

GBP/USD

Looking to 1.8000 level.

Strong Resistance at Current Level. Looking to 440 for a break out..

I've found Cable struggling to move into a firm intraday trend one way or t'other recently. Much better moves from the Euro and Swiss, imo, although even they're hard work atm awaiting direction from the US. I believe that you've got to play all 3 pairs together as what works one day won't necessarily work the next.

cable long worked for me today...just closed at 18435

1.8480 possible short? term resistance and could be ripe for some sort of pullback?

same Euro 1.2350?

Nicole Elliot (?who she) on bloomberg talking about cable going to 1.9 in July - Oh dear I am short at the mo!

Nicole Elliot

http://www.mizuho-cb.co.uk/TresInternet/TECHNICALS/Index.htm

I assume that the MPC will not change anything today. Hil??

Looking into my crystal ball, MM, I wouldn't have thought that they will.

:o)

Just popped in to see what the busiest thread on the BB was saying. Caught up with a whole week's posts in no time at all. ;-))

Seriously, I guess no-one expected an interest rate rise today. Was interested to see many expect another as soon as next month. Hmm

Yes it is quiet on this thread, Al. I get the impression that people don't hang around the FX markets for too long as it takes no prisoners.

Probably a combination of an unclearly defined strategy and poor money management/overtrading because of the very low margin requirements. Shame. It would be better if more people posted their views and kept the thread alive.

Difficult day today ..... too many whipsaws for my own strategy to work effectively reflecting obvious uncertainty in the market.