Forex rebates on every trade - win or lose!

Well worst ever day for me,200 pip loss on cable, that will teach me to forget stops

That's good news, mg.

German IFO and US CPI are the ones to watch today.

GBP Bank of England Quarterly Bulletin 0:01 19:01
NZD Non Resident Bond Holdings (Nov) 2:00 21:00 62.3%
JPY BoJ Monthly Report 6:00 1:00
ITL Industrial Orders sa (MoM) (Oct) 8:30 3:30 -0.1% 0.1%
ITL Industrial Orders (YoY) (Oct) 8:30 3:30 5.1% 5.3%
ITL Industrial Sales sa (MoM) (Oct) 8:30 3:30 -0.1%
ITL Industrial Sales nsa (YoY) (Oct) 8:30 3:30 4.8%
DEM IFO Ind. Survey (Bus. Climate) (Dec) 9:00 4:00 93.6 94.1
DEM IFO - CURRENT ASSESSMENT (Dec) 9:00 4:00 93.6 93.8
DEM IFO - EXPECTATIONS (Dec) 9:00 4:00 94.0 94.3
ITL Trade Balance (Total) (Euro) (Oct) 9:30 4:30 817M -921M
ITL Trade Balance (EU) (Euro) (Oct) 9:30 4:30 215M -141M
EUR Euro-Zone Industrial Production sa (MoM) (Oct) 10:00 5:00 0.1% 0.5%
EUR Euro-Zone Industrial Production wda (YoY) (Oct) 10:00 5:00 0.1% 0.5%
CAD CPI (MoM) (Nov) 12:00 7:00 0.2% 0.2%
CAD CPI (YoY) (Nov) 12:00 7:00 2.2% 2.3%
CAD CPI Excluding Core 8 (MoM) (Nov) 12:00 7:00 0.2% 0.0%
CAD CPI Excluding Core 8 (YoY) (Nov) 12:00 7:00 1.3% 1.4%
USD Consumer Price Index MoM (Nov) 13:30 8:30 0.2% 0.60%
USD CPI Ex Food and Energy MoM (Nov) 13:30 8:30 0.2% 0.20%
USD Consumer Price Index YoY (Nov) 13:30 8:30 3.5% 3.20%
USD CPI Ex Food and Energy YoY (Nov) 13:30 8:30 2.2% 2.00

Gooooodddd Moooooring MoneyAM!

Hello All,,

What a drop yesterday.. Im thinking a bit of a reversal today and 290 is my target entry... It shall not come but 300 - 315 maybe..

Missed 305 just now because I was thinking.. Damn IT!

Maybe its a sit on hands day....

Good morning,hope i can reed it better than yesterday,Hilary can`t find when German IFO numbers come out.

Divetime - How's this all times are GMT

17-Dec-2004 09:00 IFO Ind. Survey (Bus Climate)Germany Dec 93.9 94.1
17-Dec-2004 09:00 IFO - Current AssessmentGermany Dec 93.6 93.8
17-Dec-2004 09:00 IFO - ExpectationsGermany Dec 94.0 94.3
17-Dec-2004 10:00 Euro-Zone Ind. Prod. sa MoMEU Oct 0.1% 0.5%
17-Dec-2004 12:00 Consumer Price Index MoMCanada Nov 0.1% 0.2%
17-Dec-2004 12:00 CPI Excluding Core MoMCanada Nov 0.2% 0.0%
17-Dec-2004 13:30 Consumer Price Index MoMUS Nov 0.2% 0.6%
17-Dec-2004 13:30 CPI Ex Food and EnergyUS Nov 0.2% 0.2%

hilary
Looking at the hourly chart I notice that we've got a crossover - first since the crossover giving us the recent rise. My interpretation of this is that the odds are on a continued decline - what do you think?

Currently flat - although my bear head is telling me to short.

Prodman thanks for that.

Being naughty - short from 344

Went long from 309 myself. Im B/E now.

Not to confident in the trade but nothing to lose now

Tellon
Yours looks a lot better than mine - serves me right for not following the rules - just a born rebel - nose, cut and spite myself comes to mind ;(

mg,

Today looks to me like an up day for cable. I'm sure though that it'll pullback at some stage during the morning to give you another long entry. That early bit of whipiness will have thrown a few.

hilary
Thanks - stopped out of my impetuous short for -30.

Will I learn - well give me a bit of time - still early days in my apprenticeship with this new weapon ;)

You've probably missed the best early long entry, but why not try leaving a buy order to catch a retracement?

Consider it done mistress ;)

They like the ifo.

Well done Tellon

[EDIT - forgot to say absolutely cracking call hilary - I'm just soooooooo impressed - must try harder to get this right - it's a dream if you get it right - but monster if you get it wrong ]

Thanks, Im out for +100 today.

I had to leave the screen so left a 100limit on as I comutted to work..

Out at 1.9420, would have been my exit on my rules as well.. So not bad..

Makes this my Third week in the black.

Any one have any views on trading next week? Volume/Volatility and that?

Well done, T. I think that next week will be fine for day trading if you just stick to the system. Anybody in a longer term trade might find that their trend lines and oscillators go a bit screwy over the Xmas break.

Certainly a lot of potential earlier in the pound but I was short $/Swiss (something to do with rates/intervention/safe haven-I think?). Well I've got a trailing stop in for a small handful but nothing to write home about.
Anyone seeing enough of a retracement on the pound for another belated long attempt