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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 - 21 Jan 2005 07:23 - 2853 of 11056

Not quite as good as yesterday's move but I went against the rise just after 06:00 @ 18710 and have just pulled off 30 points ;)

mostrader - 21 Jan 2005 07:29 - 2854 of 11056

niceone mg..iam long 76 from move down...

mostrader - 21 Jan 2005 07:33 - 2855 of 11056

- stg @ 14

mg - 21 Jan 2005 07:34 - 2856 of 11056

Bit of learning (for me anyway) - looks as if I might have traded the wrong move. I failed to reverse long from around the 675 mark - which may well be the "real" trade.

Shouldn't be greedy though 30 points before breakfast is a reasonable return.

mg - 21 Jan 2005 07:38 - 2857 of 11056

mos
Well done on the 76 long - I think I was being too impatient - ended up being "lucky" by reading the small move up as the indicator. I should have been looking for the bigger move - which was the down to 76.

You live and learn.

mostrader - 21 Jan 2005 07:39 - 2858 of 11056

nope mg uve doen well,i was waitn for a retest of 50 but more luck than judgement,that i got on where i did.

mg - 21 Jan 2005 07:46 - 2859 of 11056

Well, as I read it now - based on the contrarian theory I was going on about yesterday the best trade was yours at 76 - would now have been +50. Never mind I'll be looking for the "real" trade more closely in the future.

Did you reverse at 14 ?

hodgins - 21 Jan 2005 07:48 - 2860 of 11056

nice move for those who got the pound, Swissie continues to flit around 1.19 but $/Yen still heading up?

mg - 21 Jan 2005 07:49 - 2861 of 11056

Long from 710

mostrader - 21 Jan 2005 07:51 - 2862 of 11056

yep hod in my early morning haze gone long chf @ 1910..not to sure about it ..usd looks like some early morning weakness,

mostrader - 21 Jan 2005 07:53 - 2863 of 11056

EUR/USD

We expect a drop bellow the first key support at 1.2920, but probably after a small
correction of the 1.3125-1.2919 move. Current quote is 1.2949

Recommended trades:

Short at 1.2985, t/p @1.2890, s/l @1.3035

USD/JPY

A rally towards the 104 area is possible. Current quote is 103.51.

Recommended trades:

Long at 103.20, t/p @103.80, s/l @102.90

EUR/JPY

Current quote is 133.97

Recommended trades:

Long at 133.65, t/p @134.35, s/l @133.30

USD/CAD

Current quote is 1.2334

Recommended trades:

Long at 1.2295, t/p @1.2360, s/l @1.2255

EUR/GBP

Current quote is 0.6922

Recommended trades:

Short at 0.6935, t/p @0.6895, s/l @0.6945

mg - 21 Jan 2005 07:54 - 2864 of 11056

Bottled out and closed flat

mostrader - 21 Jan 2005 07:55 - 2865 of 11056

yep mg shrt supp was @ 10 prob go back thru 00 if it breaks...

MG,its not about bottling out mate ,try an idea if you dont fancy it jus get out...
nice move

HelenW - 21 Jan 2005 08:08 - 2866 of 11056

Morning all

mostrader - 21 Jan 2005 08:24 - 2867 of 11056

mng helen

still still long chf,stop below 1890,didnt want to get stopped out on early dip belwo 00,which has happened..

jeffmack - 21 Jan 2005 08:34 - 2868 of 11056

can someone tell me how my trades are going.
bought EUR/USD 1.294 sold usd/JPY 103.55, stops at break evan

mostrader - 21 Jan 2005 08:37 - 2869 of 11056

jm eur usd 72/75
usd jpy 103 75/78

mostrader - 21 Jan 2005 08:38 - 2870 of 11056

chf need 20 to break and hold or back down to 00 i feel

mostrader - 21 Jan 2005 08:47 - 2871 of 11056

sld my chf @ 18 will look to buy back in on a break of 20,looking to retest days high @ 42 ish

Maggot - 21 Jan 2005 08:47 - 2872 of 11056

Morning. Saxobank suggested resistance of USD/Yen at around 103.75 so I've shorted at 77. Had a nice lobng on yesterday at 103 which was just stopped out before going up (of course).
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