Forex rebates on every trade - win or lose!

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

mng mos, stopped out on a dreaded CMC spike that hit right on my stop overnight then it drops 30... bastards

ha just seen the chart jeff,v frustrating....

not to sure if cable is a buy @ these lvls..

Daily updates on Australian Forex Market from CMC Group Asia Pacific
AUD hovering 77 US cents, all eyes on local CPI

The AUD was hovering around 77 US cents on Monday and mainly traded within the range of US$0.7681-0.7717. The Aussie gained support as investors bet that it would continue to offer a substantial yield advantage for most of 2005. This view was supported by a report showing producer prices were stronger than expected in the fourth quarter. The report also suggested an upside risk to Tuesday's inflation report if the increases were passed on to consumers. Some analysts suggested the CPI figures might give the markets a hint on the interest rate. Local CPI is due out at 11:30 EST.

The EUR traded slightly lower versus the greenback on Monday as German Finance Minister Hans Eichel was speaking in Paris and urging Asian countries, especially China, to do more to promote flexible exchange rates and share the burden of the US dollar's weakness. Eichel's comments fueled a sell-off in the EUR against the yen, which later weighed the EUR against the dollar. The EUR /USD pair came off from the highs of US$1.3100 to intraday lows of US$1.3028.

The cable held steady against the dollar and bounced within the range of US$1.8742 and US$1.8836 on Monday. The pair showed no reaction to comments from Bank of England Monetary Policy Committee member Kate Barker, who reiterated the central bank's forecast that UK house prices were much more likely to fall than rise significantly. Some currency strategist said Barker did not mention anything new to the house market or the inflation outlook. That was neutral to the forex market. However, most investors await the Bank of England's minutes and growth data releases later in the week.

The dollar was little changed and traded below 103.00 yen and hit the intraday lows of 102.56. A poll of financial market traders and analysts in Japan on Monday showed that the dollar will likely reach a low of 95 yen this year before it rebound in the second half, supported by higher US interest rates. However, some analysts expect that even though the dollar may drop below 100 yen, the drop would be temporary. Analysts added that Japanese government would resume large-scale yen-selling intervention and the Bank of Japan might further ease monetary policy if the yen spiked up.

Gold finished the day up about $1 at US$426.50/27.0 an ounce, amid a softer dollar against major currencies which made precious metals a better buy for overseas investors. Meanwhile, some trades and fund buying ran silver prices into buy-stop orders above the market that lifted the silver up about 10 US cents to US$6.86 from intraday lows of US$6.76.

Intraday Range Forecast, Resistance and Support Levels
USD/JPY
Intraday Range Forecast: 102.70 / 103.00
R: 103.12/103.42/103.92
S: 102.49/102.02/101.67

EUR/USD
Intraday Range Forecast: 1.3060 / 1.3090
R: 1.3119/1.3138/1.3191
S: 1.3031/1.3012/1.2947

USD/CHF
Intraday Range Forecast: 1.1805 / 1.1835
R: 1.1878/1.1914/1.1969
S: 1.1800/1.1748/1.1713

GBP/USD
Intraday Range Forecast: 1.8810 / 1.8840
R: 1.8867/1.8918/1.8940
S: 1.8800/1.8740/1.8689

AUD/USD
Intraday Range Forecast: 0.7690 / 0.7710
R: 0.7719/0.7745/0.7798
S: 0.7681/0.7652/0.7623

EUR/JPY
Intraday Range Forecast: 134.40 / 134.70
R: 134.85/135.07/135.30
S: 133.87/133.27/133.01

EUR/GBP
Intraday Range Forecast: 0.6945 / 0.6955
R: 0.6966/0.6981/0.7012
S: 0.6941/0.6916/0.6873

EUR/CHF
Intraday Range Forecast: 1.5445 / 1.5470
R: 1.5505/1.5515/1.5548
S: 1.5441/1.5401/1.5379

USD strong out of the gate this morning

I've left a limit buy EUR/USD 1.3

Not often you're quiet, huh
G'morning :S

ha trying to post a chart up....cudnt.....ha