Forex rebates on every trade - win or lose!

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.

I'm still sulking coz i failed to get in at 180.90ish a couple of weeks ago,
i was very confident of this rise - even posted it on here.
too much of a muppet to trade it though - even now waiting for the pull back that looks like it will never come.
might end up asking that bird from mizuho to marry me !

Hil: While you, Beebs, that Big AL and myself are around this will keep going.

D.
PS: The clock on your crystal ball is slow.

Does that mean I've been rumbled? More like Sceptic Peg than Mystic Meg.

:o)

Hil - must agree, hence my reluctance to get involved in FX. My only option for now would be spreadbetting and I'm not overly keen to leave my dosh at the mercy of the likes of CMC.

Either that or it's my shy, reserved personality. ;-))

Continuing to watch, though.

I am still here on the odd occasion still learning, still loosing but not quite as much, very wide stops though, long at present.

I visit this thread most days when I trade but my bets are very small; though I tend to win. Had a nice +75 yesterday on Cable. But wasn't on the computer early enough today to catch the rise. However I learn quite a lot from this thread, thanks mainly to Hilary (we met at Croc's funeral, Hilary). I like the fact that for hours on end the currencies trade in ranges.

Currently having trouble with AOL broadband every afternoon - having to log on every 5-10 minutes. Guess it's to do with kids playing computer games.

I think that you must be confusing me with somebody else, Maggot. I wasn't at croc's funeral.

Glad that you find the thread useful though.

Thoroughly enjoy the thread. Still learning but learnt a lot.
Small positions, wide stops, limits taken gladly and sometimes a variety of time frames with different spreadbetters on same instrument thus far puts me usefully ahead.
Right now the Euro is a (short term) sell back under 1.24 or the Pound has become a buy again back above 1.85 after dropping off in the last few hours but heck I can't sit here all day or all night.

Watch your 5-minute price bars. There should be a window to long Dollar coming up pretty soon. Imo of course.

8.30 data may help propel it.

Cable and Euro lagging, but it doesn't need propelling against the Swiss. 40 pips so far.

All roads lead to 1.85 on the hourlies.
Influence of 3/4PM daily/weekly squaring.
Upside still favoured.
Heading out on the bike now.

Hello All,

Hope the weekend goes well...

Ive been looking at lots of pairs the past few weeks. Its strange but all the pairs have like a personality.. They behave differently.. Very cool to start noticing.

Im Bull on the $ across 6 Currencies.. Im looking to start building up some strong postions.. Trying a different style of trading more building up a postion and exiting slowly.. seems to be working ok...

Any one views of Gold? and $?

Hil: Anybody in?

It's very quiet. long on cable. Sorry if I woke anyone up.

Hilary - it must have been someone else - perhaps Hilary9 - at Croc's funeral - sorry!

Saxobank still definitely looking for the dollar to drop, but it obviously doesn't visit their website.

hello hilary good thread

[August Gold] remained in a relatively tight $8.00 range this week, closing near the high end of the range, but nonetheless down just over $1.00 for the week. I wish I have a new and exciting piece of information to impart to you tonight with respect to golds potential, but instead, the same trends are intact that weve been discussing for well over a week. Gold is in the process of finishing up the final subdivisions of Intermediate wave (2) up from the May 10 low ($372.50). Because prices have yet to break under $389, which would confirm the onset of wave (3) down, we still have to allow for the possibility that a push up into the $410-$420 resistance area will develop prior to the next leg of the bear trend. Upside momentum continues to slow and bullish sentiment remains near the top end of the range that has coincided with rally peaks. Our stance remains that the next $50 move will be down. Only a push above the $433.00 peak would require us to reassess the wave pattern.">