Forex rebates on every trade - win or lose!

Stopped at 30 for -11.

mg ,ur becoming a demon cable trader..

I thank you young sir ;)

Tricky one this morning. No position as yet. Tending to favour a short. Triggers in @ 18880 to go short and 18780 to go long.

Morning All, tried overnight long managed + 20 not been goog for me the last week,keep calling it wrong,must get in a different mind set.

mng mg ditto...

yep agree with mindset DT.,this week ive just seemed to call cable right mind you its sat basicall in878/8880 range nad just trends up and down...
ive basically just traded that tiny bit of chf..but i find less is more..
do one thing well than a few badly..

Norning all. Kep getting up early to watch the start of Asian trading - can't see much this morning. Saxobank are generally bearish on the dollar.

Small long Euro/$ 1.3082 before eating my Weetabix.

hope uve put 2 in the bowl mag.:)

EUR/USD - Euro Dollar
Short term (Intraday)
1,3077. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 1,3100 resistance. The volatility is low. The oscillators indicate an overbought state. The trend should reverse. The target is expected at 1,3000. We could take a short position at 1,3085. We will put the stop loss above 1,3105 (-20 pips). The major target is 1,3000 (+85 pips). This is a dangerous trade, take care and put your stop loss.
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

GBP/USD - British Pound Dollar
Short term (Intraday)
1,8834. There is an hoizontal range between 1,8790 and 1,8870. Support and resistance are given by Bollinger bands. 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 Bollinger bands. 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
1,8825 - 1,8800 - 1,8750
Long term chart
GBP/USD - British Pound Dollar

USD/JPY - Dollar Yen
Short term (Intraday)
103,78. 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 Bollinger bands. 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
103,50 - 103,30 - 103,20 - 103,00

USD/CHF - Dollar Swiss Franc
Short term (Intraday)
1,1885. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,1870 support. The volatility is low. Oscillators are neutral. The price has a good probability to go up. The target is expected at 1,1950. 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 - 1,1925 - 1,1950
Supports
1,1875/70 - 1,1840
Long term chart
USD/CHF - Dollar Swiss Franc

Yep - two in the bowl.
Followed Croc's rule that if it hesitates, get out - so I've taken 1. Sounds stupid but I'm getting a lot of little profits now. Am willing to wait for a determined run to start, and if it doesn't, I'm out. Working well for me.

Euro/Swissie moving more favourably than pound/yen for dollar shorts just now.
A brave being might short $ agaainst their preferred cross now, a less brave one may do it just? after probably already factored in FOMC but before Friday 1.30?

Well, before reading the above I managed to go short EUR/USD on charting grounds - from 13075 and 13080. Looking for at least 13040/50 to get back to it's late Tuesday evening position.

Bit of a new departure for me - don't normally stray from cable. We'll see

magg well done,
hod agree ob rate hike in the price but still wud not want to be shrt$

shrt cable @ 50 early. one......

covered half @ 40

whats this interest rate rise going to do to cable overnight