Forex rebates on every trade - win or lose!

magg still a profit..with fx ,,you have to forget all deals ntg u can do,my first trade on chf ,a loser..nt bothered just move on..you are never going to get every move right....guys i know who work for the hedges look to get 3 out of 10 right,but the 3 they do get right,,make the money...

mostrader. Letting profits run is so difficult on FX, at the start of a move. So often I've been 10 points up only to see a spike down and immediately I'm losing; I let it run and am soon 20 points down. I am looking to take just a few points for a few weeks to see if I can make a profit, because my records show that I tend to lose on FX what I make on stocks.

sure magg, thers no art to taking profits ..theres never a good time or bad time,just get a feel for a certain currency and then you will feel more comfy with the moves.

just got into work to see I was stopped out of my cable short for -30

yep jeff all abit choppy this am..

Closed Friday's short @ 18770 this morning - you're right, Maggot - take it when it's there. :S Going to wait and see what happens if it has another pop to the 30s.

chf bounced off support bang on @ 06,gone long @ 09

Eur/USD seems to have stalled at the 1.3085 level. I'm short 1.3082

short some more at EUR/USD 1.3088

short cable at 1.8826, stop at 41 ...
(edit) ... and out for +31

Get down you bitch

ype slwo mng here stuck in shrt term ranges

closed my EUR/USD short for a net +28 and reversed at 1.3060.

Hard work this morning

yep jm slow monday..

closed my EUR/USD long for +28., so not a bad day. Now flat

nice on e jm....jobbed chf,now flat myself..need a bit more dis,right idea timing all wrong.

Interesting front-page article in the FT today about central banks starting to move significant chunks of their reserves away from the dollar into the euro. Seems they no longer feel comfortable financing the US deficit.

had a limit order hit to sell cable at 1.8814. Stop at 32

closed half for +29, letting the other half run overnight, stop at B/E

mng all