Forex rebates on every trade - win or lose!

Wassis then, mg - My Own Thong - Unused?

choccy
You wouldn't give me my other one back - the one I'm giving to Jeff has been wellllll used - phewwww - needed to get it out of the house - it's been trying to get out of the cat flap but it hasn't got a magent attached ;)

mg (Commando style)

Heyyy...I get to have tomorrow off work. :))
And after it took a lot of convincing as to why the wheels came off the LMS train precariously perched on one shelf up in the eaves here...and why there are still a couple of beans stuck in the keyboard, I must've got something right this morning after all.

Lots of juicy stuff tomorrow..

Economic calendar for week 5 from 3 Feb. 05 to 4 Feb. 05

4 Feb. 05 00:30  Retail Sales (Australia)  Dec    0.1%  4 Feb. 05 05:00  Leading Economic / Coincident Index (Japan)  Dec    36.4% / 60.0%  4 Feb. 05 10:00  Retail Trade - MoM (EU)  Dec  0.5%  0.0%  4 Feb. 05 11:00  Factory Orders - MoM (Germany)  Dec  1.5%    4 Feb. 05 12:00  Unemployment Rate (Canada)  Jan  7.1%  7.0%  4 Feb. 05 12:00  Net Change in Employment (Canada)  Jan  20K  33.5K  4 Feb. 05 13:30  Average Hourly Earnings - MoM (US)  Jan  0.2%  0.1%  4 Feb. 05 13:30  Change in Nonfarm Payrolls (US)  Jan  200K  157K  4 Feb. 05 13:30  Change in Manufacturing Payrolls (US)  Jan  5K  3K  4 Feb. 05 13:30  Average Weekly Hours (US)  Jan  33.8  33.8  4 Feb. 05 13:45  Fed's Greenspan to Speak on Current Account in London (US)        4 Feb. 05 14:25  SNB's Hildebrand Holds Speech in Zurich (Switzerland)        4 Feb. 05 14:45  University of Michigan Confidence (US)  Jan F  96.0  95.8  4 Feb. 05 15:00  Ivey Purchasing Managers' Index (Canada)  Jan

 

mng mos, how was 1 Lombard Street. You usually get a few posh sorts in their,all legs and no brains

Was long overnight EUR/USD 1.2980, it aint done much so will leave it in place

mng jm ...delicate mate...was taken there by some mates from icap..did our best to bring the level of class down to our lvl......
batted on got in abt 2.30...feel rough mate..

Ha, nice one. The wife will be at you now to go shopping or something when you only want to get back in bed

jm she`s already caught me out..oldest trick in the book..asked me what time o got in...i went abt 12ish....she went so it wasnt 2.33....doh..bang to rights mate...going to be a tough 24 hrs ahead..weve all been there...lol

EUR/USD - Euro Dollar
Short term (Intraday)
1,2973. EUR USD is in a range between 1,2930 and 1,3100. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,2930 support. The volatility is low. RSI goes out oversold state and give a positive signal. The price should continue to move in 1,2930 / 1,3100 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
1,2980 - 1,3000 - 1,3040
Supports
1,2940 - 1,2930

GBP/USD - British Pound Dollar
Short term (Intraday)
1,8813. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,8780 support. The volatility is low. 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
1,8830 - 1,8880 - 1,8890 - 1,8930
Supports
1,8810 - 1,8800 - 1,8750

USD/JPY - Dollar Yen
Short term (Intraday)
104,41. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Oscillators are neutral. The price should find a resistance below 105,00. 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
104,70 - 105,00
Supports
104,40 - 104,30 - 103,80
Long term chart
USD/JPY - Dollar Yen

USD/CHF - Dollar Swiss Franc
Short term (Intraday)
1,2026. USD CHF broke 1,1950 resistance. USD CHF is in an uptrend supported by 4H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. RSI is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a support above 1,2000. We could take a long position at 1,2000. We will put the stop loss below 1,1965 (-35 pips). The targets are 1,2150 ST (+150 pips) 1,2200 MT (+200 pips) 1,2700 LT (+700 pips).
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
1,2055 - 1,2150
Supports
1,2010 - 1,2000 - 1,1970 - 1,1950

EUR/USD

The Euro slipped on the major support level of 1.2945 on yesterday, something we exected since Sunday when we published
our weekly outlook. Today we keep our eyes on the major events. Support starts and 1.2945 followed by 1.2925 and 1.2881.
Resistance is seen at 1.3026. Additional gains will target the 1.3075/85 area. Current quote is 1.2974

Recommended trades:

Long at 1.2960, t/p at 1.3, s/l @1.2945 only if the entry level will be valid during the first two hours of the European
Session.

Short at 1.2940, t/p @1.29, s/l @1.2955 - we will try a breakout scenario for the US Session when the news will be released

USD/JPY

Major support is seen at 104,37 the pair is currently trading above its EMA(50) and we expect a small retracement before, probably,
target the 105 area. Resistance is seen at 105.05 followed by 105.55. Current quote is 104.43

Recommended trades:

Long at 104.10/20, t/p @104.60, s/l @103.90

Placed a short on cable @ 18820 last night - after rather a lot of liquid refreshment. Was pleased to wake up to it not looking as bad as I thouhgt it might - so I'm sticking with it - for the time being.

Watching out for the 07:30 effect, though - could blow me out of it.

Morning, I'm long cable from 18811, first trade, hoping for the 7.30 effect ;-)

edit not the most intelligent of trades with hindsight, should have waited for 8800

prob going to be fairly quiet seymour b4 nfp/greenspan g7 weekwnd..wud not surprise if we treid to test yesterdays low 8770..but then push higher..

Thanks Mos.

Closed it flat (well +2 actually)

SC
Looking tricky this morning - am thinking of closing out for a few. Not very confident about direction ;(

[EDIT Closed out for a tiny few - might look to go long at some stage - when the fog lifts]