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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

mg - 07 Dec 2004 15:32 - 2242 of 11056

Decided to stick with it to 380 - doesn't seem to want to stay at 20/25.

chocolat - 07 Dec 2004 16:27 - 2243 of 11056

Finally took 30 off jpy - sticking with cable long for now ;)

mg - 07 Dec 2004 17:31 - 2244 of 11056

Short again from 475 - there could, just could be a downtrend developing on the 5 minute chart - but you tend to see what you want to when you're an obsessive shorter ?8-<

[EDIT - I could have kept my mouth shut until it touched 400 - which would be a bit more robust as a confirmation - but I just wanted to share it with you all - just in case ]

hilary - 08 Dec 2004 06:51 - 2245 of 11056

AUD Australia Housing Finance 0:30 5:30 -1.0% -0.6%
JPY Eco Watchers Survey: Current (NOV) 5:00 0:00 46.4
JPY Eco Watchers Survey: Outlook (NOV) 5:00 0:00 48.8
JPY Machine Tool Orders (YoY) (NOV P) 6:00 1:00 48.3%
CHF Unemployment Rate (NOV) 6:45 1:45 3.8% 3.7%
CHF Unemployment Rate (sa) (NOV) 6:45 1:45 3.8% 3.8%
EUR ECB Mersch Speaks 9:30 4:30
USD MBA Mortgage Applications (DEC 3) 12:00 7:00 -5.8%
CAD Housing Starts (NOV) 13:15 8:15 220.0k 225.0k
NZD RBNZ Official Cash Rate (DEC 8) 20:00 15:00 6.5% 6.5%
JPY Current Account Total (OCT) 23:50 18:50 1382.7 1744.3B
JPY Adjusted Current Account Total (OCT) 23:50 18:50 1500.0 1498.3
JPY Trade Balance - BOP Basis (OCT) 23:50 18:50 1400.0 1436.5B

Tellon - 08 Dec 2004 07:07 - 2246 of 11056

Is it me or are we looking long dollar still..

I dont like these against the trend days..

hodgins - 08 Dec 2004 07:13 - 2247 of 11056

I see it has again all been happening while we have been slumbering, on the Euro and the pound

hilary - 08 Dec 2004 07:16 - 2248 of 11056

You need to be very careful with your entry today, imo, T. Fools rush in where angels fear to tread and all that. Handsitting for now.

Tellon - 08 Dec 2004 07:16 - 2249 of 11056

BOJ Intervention?

mg - 08 Dec 2004 07:23 - 2250 of 11056

Tora Tora ........

Now that 400 has gone I'm looking for at least 300 to be challenged today.

;)

Bobcolby - 08 Dec 2004 07:52 - 2251 of 11056

cable is too much of a gamble at this time. Xmas cards and golf today.

Tellon - 08 Dec 2004 08:09 - 2252 of 11056

Just gone short myself on cable and short about 15mins ago on euro.. Hope it continues down..

mg - 08 Dec 2004 08:37 - 2253 of 11056

Tellon
Nice trade

I just closed both of mine - one for 200, the other for 230 - makes up a bit for last weeks bad trading - but I'm still down overall on my little cable adventure. Just shows how deeply in the do-do I was trying to fight it.

Have reversed to see if I can pick up a few back to 300

mg - 08 Dec 2004 08:46 - 2254 of 11056

Now flat

chocolat - 08 Dec 2004 08:59 - 2255 of 11056

Superb mg - whatever you do, don't mention do-do. ;)
Finally shorted jippy at 103.9 (stop in *gulp*)

mg - 08 Dec 2004 13:47 - 2256 of 11056

Whooooooooah - GBP/USD really making up for it. Unfortunately I held off going short again - had 350 as a programmed short open - 330 would have been a better target and that would have been a cracker.

Be interesting to see if it pauses at 200 like it did on the 3/12.

Way more exciting than the indices - great if you're on the right side of it but absolutely wicked if you get wrong footed.

I think I'm hooked ;)

chocolat - 08 Dec 2004 15:21 - 2257 of 11056

stopped out of jyppy this morning :(

mg - 08 Dec 2004 16:47 - 2258 of 11056

Bad luck choccy ;(

5 minute chart for GBP/USD looking interesting - if it doesn't break through then we could well be looking at sub-200 fairly soon.

mg - 08 Dec 2004 17:02 - 2259 of 11056

Trying a short from 290 - tight stop in place.

Maggot - 08 Dec 2004 17:21 - 2260 of 11056

Also short, from 288, with a very tight thong (sorry, stop). But it's got to be regarded as speculative with a chart like this. A gold short looks more inviting at the moment.

Maggot - 08 Dec 2004 17:28 - 2261 of 11056

Out at 300, and I guess your stop has now been hit, mg? Dollar has also just dropped a bit against the yen.
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