Forex rebates on every trade - win or lose!

Here every day (Change the date for reference) Is a run down of what happend yesterday and the reasons why (Fundamentals). Its usefull to see the underlying reasons a move happened.

http://money.cnn.com/2004/11/22/markets/markets_newyork/index.htm

Is there something similar somewhere for Currencys? Even particular pairs say Cable?

Also if Bond Prices are down what does that mean for Stocks and Currencys?

Try this link Tellon.

You need to bear in mind though that traders tend to take their positions based upon the charts. It's easy to then fit the news retrospectively back to the scenario which has actually panned out.

Re your problems with developing a strategy, I'm trying to think of a way to help you. Are you around at about 7:30 in the morning?

Thanks for the link, I have found these updates to be slow sometimes?

I was just looking for pattens within the movement and the news. My main focus is the charts though.

Any help would be very much appreciated. Currently Im keeping a journal of the charts with some note on my thoughts and some breif news/fundamentals and seeing how it pans out compared to my take on the charts.. So far looks like you follow a trend when it breaks you reverse. Ocasionally a trend can continue but the loss can be small before you get back in.. I found divergence can help predict these times.

Unfortunatley I work shifts so this week im around from 9am - 6pm. At 7.30am tomorrow I could be around for about 15mins but then would need to leave to commute. What did you have in mind?

Next week im around from 8am - 5pm and then 7am - 4pm the week after..

Damn Day Job!

Tellon,

If you enable your internal e-mail, I'll aim to send you an internal e-mail at around 7:30am explaining briefly my own strategy for the day including a stop loss level.

Hilary

I wud also appreciate a copy via email if convenient. I may be able to find out where my strategy is falling down.

Regards

I think I have enabled it.. Give it a try..

I appreciate your help Hill..

I have a small JPG showing how im looking at the market at the moment. Anyway I could send this to you just so you could have a quick look tell me if im looking at things in a sensible way. Its based on the DOW but the idea would work on any market.

I have no webspace so cant host to post on the BB.

Tellon,

If you're looking at any time frame longer than 24 hours there is only one way to look at the market atm ....... short Dollar.

If you're looking at a daytrading time frame, then it's not really worth looking at outside of the hours 7am - 2pm, imo. The action is all but done and dusted for today ...... it's just a question of how tight your trailing stop which will take you out of the market for the day (if it hasn't already been triggered).

Bob,

I'm happy to copy you in on it, but I don't want to find myself in the situation where I'm entering into protracted correspondance with everyone on the board. Not being funny.

Using my stratgey it would be long Euro from 1.2850 (Stop would now be at 1.2960) So far it agrees with your take so thats one good thing.

Look forward to seeing you strategy thanks again for your help..

Hilary

Can I join the party please, I am a bit new to this game, tried scalping with moderate success, been spread betting cable for about 3 months, lost a bit gained a bit but about even now, seems scalping for about 10 pips works most of the time but I tend to get stopped out a lot, so am trying longer term with smaller bets with a very wide stop which appears to be working at the moment.

2 x Mail sent to all 3 of you.

2 x further mails sent to all 3 of you.

Tks Hilary got both.

Bob,

You should have 4 e-mails. Did you follow me?

Hilary I got 2. 1 @0720 with Euro entry @1.3090/5 & & 1 with stop @ 3093.
I Was too slow to jump on due network problem. yr position looking good. I will try to get a second bite if it dips back below 3100.

Hilary

Thanks all received.

Hilary, I received all of them thanks very much. I have sent you a PM.

Is the market open tomorrow over thanksgiving?

Hils - can you stick me on the list too please..

Tellon,

I've just replied and asked if you could copy Choccy in on what's been said today.

Just going threw it now.. Thanks again.. Look forward to tomorrows commentary.

Chocolat Ive sent you todays action.