Forex rebates on every trade - win or lose!

As you can imagine, this action is extremely bearish for Gold itself:

Hello moonie. I'll not be around for a week or two but I'll be back on the thread soon.

hello hilary...ok ..

Alan Greenspan Speaks! Tuesday - Jul 20, 2004

2:30 PM ET : Federal Reserve Chairman Alan Greenspan to present Fed's second monetary policy report to Congress for 2004, before the Senate Banking Committee, in Washington .

Speech Highlights: Federal Reserve Chairman Alan Greenspan is scheduled to present the second monetary policy report to Congress (the first was delivered in February). He addresses the Senate Banking Committee at 2:30 p.m. ET. Market players will nervously be watching whether or not the Fed chairman will reveal any new thoughts on the inflation outlook or the pace at which interest rates will be increased in upcoming months.

This thread is very quiet has every body stopped trading I am long cable any comments greatly appreciated.Edit Just got stopped out, gone in again at 18499 Looks as though I have got that wrong as well!!

Alan Greenspan Speaks! Wednesday - Jul 21, 2004

10:00 AM ET : Federal Reserve Chairman Alan Greenspan to testify on monetary policy before the House Financial Services Committee, in Washington .

Speech Highlights: Federal Reserve Chairman Alan Greenspan is scheduled to present the second half of his second monetary policy report to Congress (the first was delivered in February). He addresses the House Financial Services Committee at 10:00 AM. Usually, the delivery on the second day is identical to the first, unless the Fed chairman believes that the financial markets misinterpreted him. The Q&A may also yield different comments.

I trade Forex most days, though only in small amounts, with varying degrees of success. Obviously I like the long, steady trends, but they've been absent lately. But I like to look at this thread in the evenings, so am bringing it to the top.

I've been tied up (metaphorically speaking) with other committments for a couple of weeks and will be for a further week or two. It's a shame to let the thread drop down.

Seems to be supported at around 1.81 so am currently long Cable which I'm looking to let run into the MPC next week as I figure that speculation will mount as to a further rise in UK interest rates.

I am long the Euro at 1.2055,but getting out if yesterday;s low at 1.1990 ish goes

Thought I would drag this one up from the depths

If US economy stalling and UK possible rate rise this month...
why is that Cable still sliding?

Anyone not betting on a US rate rise today?

not sure i am just trying to decide wether to close my forex trades until after the figs or not,

i recon if they do not increase the rate the market will look at that as bad , after last fridays bad non farm payrolls,

but then again who knows what the mkt will do,

Catch 22 as usual! ;-)

Sitting short /yen and downward movement over the last couple of days.
It's brushing up against support on the hourly chart and a new downward channel would seem to be forming.
Also it always falls from August until later in the year.
Hoping to keep this one for at least a while? Oil price a possible wild card though.

Read something last week from RBOS forex guys about GBP always falling against the YEN during August , interesting.

It could be volatile though!

Lol , Japanese growth figures released last night were lower than expected and chucked a temporary? spanner in the works.

Still can't run profits - didn't catch that fantastic spike today on Cable but closed a long a few minutes before, and closed three more longs after it (total about 50 points). Could have left any of them to run but I just can't - the only times I have done in the past I've lost a load!

Bet some of you have made a fortune today.