Forex rebates on every trade - win or lose!

mng Mos
Any of the 9:30 figures likely to cause a stir

Stormy
Bad luck, you want revenge now!

mg jm, suppose or expext a slow down in mortg approval`s....prpb mean boe will stay on hold..



ive just been trading cbale in the range yesterday still seems to be in it 20/88 basically 50 first supp/res and 20 behind

GBP/USD - British Pound Dollar
Short term (Intraday)
1,8845. The price evolves in a chaotic way. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,8630 / 1,8950 range. We won't take a position.
Medium term (Daily)
GBP USD broke the triangle pattern's resistance. The pattern's objective is 2,0000. GBP USD is in an uptrend supported by daily exponential moving averages. The volatility rises. Bollinger bands are deviated. MACD is in a bullish configuration. The uptrend should continue on 2,0000 resistance.
Long term (Weekly)
GBP USD is in a triangle pattern. GBP USD is in an uptrend supported by weekly exponential moving averages. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The uptrend should continue to gather momentum.
Resistances
1,8880 - 1,8890 - 1,8930
Supports
1,8800 - 1,8750

EUR/USD - Euro Dollar
Short term (Intraday)
1,3055. The price evolves in a chaotic way. EUR USD is in a range between 1,2930 and 1,3090. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,2930 / 1,3090 range. We won't take a position.
Medium term (Daily)
EUR USD is in an uptrend supported by daily exponential moving averages. The volatility is low. Bollinger bands are drawing the trend. RSI goes out overbought state and give a negative signal. The price should consolidate.
Long terme (Weekly)
EUR USD is in an uptrend supported by weekly exponential moving averages. The volatility rises. Bollinger bands are deviated. MACD is in a bullish configuration. The uptrend should resume with more vigor..
Resistances
1,3060 - 1,3100
Supports
1,3020 - 1,2980 - 1,2950

USD/CHF - Dollar Swiss Franc
Short term (Intraday)
1,1892. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 1,1950 resistance. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,1800 / 1,1970 range. We won't take a position.
Medium term (Daily)
USD CHF is in an downtrend directed by daily exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are tightened. daily MACD crosses and gives a positive signal. The price should continue to consolidate. The price should find a resistance below 1,1800.
Long term (Weekly)
USD CHF is in an downtrend directed by weekly exponential moving averages. The volatility rises. Bollinger bands are drawing the trend. RSI is in a bearish configuration. The downtrend should continue on 1,1200 support.
Resistances
1,1900 - 1,1940 - 1,1970
Supports
1,1880 - 1,1820 - 1,1800

USD/JPY - Dollar Yen
Short term (Intraday)
103,72. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 104,00 resistance. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 102,00 / 104,00 range. We won't take a position.
Medium term (Daily)
USD JPY is in an downtrend directed by daily exponential moving averages. The volatility is high. Bollinger bands are drawing the trend. MACD is in a bearish configuration. The downtrend should continue to gather momentum.
Long term (Weekly)
USD JPY is in an downtrend directed by Weekly exponential moving averages. The volatility rises. Bollinger bands are deviated. MACD is in a bearish configuration. The downtrend should resume with more vigor..
Resistances
104,00 - 104,40 - 105,00
Supports
103,30 - 103,20 - 103,00

Just taken 40 out of a nice pre-07:30 reversal ;)

[EDIT - now long from 815 - for the reversal back up]

Just stopped out of small overnight $/Yen short from 103.69.

mg well done...
mng magg

long stg@ 17

out @ 26

Ooops - too early - closed out -5 points

not bad mg,i missed the inital move down but riddedn the 15/30 trade twice now..
its sitting in a nice trading range @ mom,but figs @ 9.30 cud change it all

Returned to find that my 18800 buy position has been triggered - could have been a bit of a better level BUT more than happy that it is now running.

Only looking for about 25 so, with a bit of a fair wind I might be closing it soon.

shud do mg ive just been jobbing it long belwo 88 shrt around 25/30 lvl been working like a dream......

EASY MONEY....

well it has been jm, to good in fact..hoovered a few up @ 85/88 and lost them all the way up to 30 and then went short....wont last..ill be sq 4 3pm ism figs..

I doubled up @ 795 ;)

Not that sure about easy money though ..... dangerous to get complacent/too confident. Been there, got a wardrobe full of T Shirts and Videos.

Currently wearing my Cautious Charlie one !!

Not so Cautious Charlie - long again from 790 - GULP !!