Forex rebates on every trade - win or lose!

ROFLMAO

Woof woof!

AUD National Australia Bank Nov Business Survey 1:30 19:30
JPY Bankruptcies (YoY) (Nov) 4:15 23:15 -17.80%
EUR Euro-Zone New Car Reg (YoY) (Nov) 7:00 2:00 -3.1%
ITL CPI (NIC incl. tobacco) (MoM) (Nov) (Final) 8:30 3:30 0.1% 0.0%
ITL CPI (NIC incl. tobacco) (MoM) (YoY) (Final) 8:30 3:30 1.9% 2.0%
ITL CPI EU - Harmonized (MoM) (Nov) (Final) 8:30 3:30 0.2% 0.3%
ITL CPI EU - Harmonized (YoY) (Nov) (Final) 8:30 3:30 2.0% 2.1%
AUD Reserve Bank's Stevens Speaks 9:20 4:20
GBP CPI (MoM) (Nov) 9:30 4:30 0.0% 0.3%
GBP CPI (YoY) (Nov) 9:30 4:30 1.3% 1.2%
GBP RPI (MoM) 9:30 4:30 0.1% 0.3%
GBP RPI (YoY)) 9:30 4:30 3.3% 3.3%
GBP RPI Ex Mort Interest Payments (MoM) (Nov) 9:30 4:30 0.1% 0.2%
GBP RPI Ex Mort Interest Payments (YoY) (Nov) 9:30 4:30 2.1% 2.1%
EUR 3rd Quarter Production in Construction 10:00 5:00
USD Trade Balance (Oct) 13:30 8:30 -$52.5B -$51.6B
CAD Int'l Merchandise Trade (Oct) 13:30 8:30 CAD$5.4B CAD$5.1
CAD Manufacturing Shipments (MoM) (Oct) 13:30 8:30 0.3% -0.6%
USD Industrial Production (Nov) 14:15 9:15 0.2% 0.7%
USD Capacity Utilization (Nov) 14:15 9:15 77.8% 77.7%
USD FOMC RATE DECISION 19:15 14:15 2.25% 2.00%
NZD Manufacturing Activity (3Q) 21:45 16:45 2.5%
AUD Westpac-Melbourne Institute Leading Economic Index
JPY Tankan Large Manufacturing Index (4Q) 23:50 18:50 23 26
JPY Tankan Non-Manufacturing (4Q) 23:50 18:50 10 11
JPY Tankan All Industries Capex 23:50 18:50 5.8 6.1

Hello Sea..

Well all, this morning im a bit split but leaning towards Long...

Looks like 215 is support for sterling.. Gunna see where it goes and try to get a good entry :/

Long from 225 this am...

Every one else waiting for FOMC?

Bit cautious about shorting the Dollar this morning, T. My oscillators indicate that it might have a bit more to rise yet before it falls. Think I'll watch for a bit longer yet.

Hello all!

Have a nice day.

;-))

Did you take a position Hill?

Up Channel?

T,

Yes, I bought into that retracement around 8:30 but I closed out into the 9:30 data spike because I had to go out this morning.

I closed out at +30.. Wasnt my best entry and the spike at 13:30 wasnt convincing enough from me so I got out half way down.. :/

Always tomorrow!

T,

It's Fed tonight ...... it's always a bit whippy for a day or so beforehand as you get position squaring and the market finds a level at which to settle. Well done on the 30 pips. My win this morning just made up for getting whipsawed all over the show yesterday.

I was happy to get out with +30 it sets me up B/E for the week so far too..

Whats the volume like over X-Mas normally?

I remember last year X-mas eve was a 3pip range for the day but how do the other days hold up?

Well, after a fired long on Friday @ 19050 - took my 100 points yesterday and then reverted to playing the arse - whipped about like a feather in the wind.

Hopefully, today's effort will prove a little less disastrous. Went short @260 and again @ 240 - based on a break of the lower reaches of the 15, 30 and 60 minute up-trend channels from Friday.

Tight stops in place so I'm hoping it drops a bit before getting all tied up in the FED effect.

Good Luck mg..

Im out myself until tomorrow now..

Thought this might be worth pinning up on the wall every month..

http://www.scotiacapital.com/English/bns_econ/calendar.pdf

Is the Japenese Core Intrest Rate Above Corect? 0.001 ?

I think it's probably more like 0.000000000001%, T, but that wouldn't fit into the little box in the header.

:o)

Well that was a damp squib

T,

Joking aside, I'm not really sure what the Japanese core interest rate is. I originally got those figures and symbols from FX Street. However I can't seem to find them now, although I have found this table on FX Street which says that rates have been at 0.1% since Sept '01. I'm confused and your guess is probably as good as mine as to their proper value. Regardless, they're pretty close to zero.

Major Central Banks Overview
Central Bank Next Meeting Likely Change Last Change Current Interest Rate
FED (Federal Reserve) 14 Dec. 2004 Eventual increase 10-Nov-04 2.00%
BOJ (Bank of Japan) 18/19 Jan. 2005 No rate change expected 19-Sep-01 0.10%
ECB (European Central Bank) 13 Jan. 2005 No rate change expected 5-June-03 2.00%
BOE (Bank of England) 12/13 Jan. 2005 Eventual increase 05-Aug-04 4.75%
BOC (Bank of Canada) 25 Jan. 2005 Eventual increase 19-Oct-04 2.50%
SNB (Swiss National Bank) 27/28 Jan. 2005 No rate change expected 16-Sep-04 0.25/1.25%
Riksbank (Sweden Central Bank) 17 Mar. 2005 No rate change 01-Apr-04 2.00%
RBA (Reserve Bank of Australia) 1/2 Feb.. 2005 Likely rate increase 03-Dec-03 5.25%