Forex rebates on every trade - win or lose!

One of these days I'll get myself organised, mg - I regard this short as a fluke, seeing as I took Friday off work for what, 29 points..when there were about 170+ to be had both ways.

Edit: by flukey, I mean that I'd left an oco on it, which I cancelled in the nick of time when I saw how it was going.

Don't give up, SC!

Thanks Choco - Am away for a few days now so restart next week. The galling think is I was thinking of shorting at 18900 on Friday but did'nt do anything. Anyway, these lessons not too expensive. Great thing stops.

Well that's you and mg off for a bit then, SC - hope you both have a nice break :)

As for cable, having mucked about for what seemed like an age this morning not holding around 18713, it didn't take any prisoners around 18629 this afternoon. 18526 isn't that far away now.

mng all wellskinn of the teeth yesterday..chocalt weldone

mng mos
Nothing for me last couple of days.

yep been in and out of stg..expext to c some more weakness.....just been jumpimg on the moves been doing a bit more ftse this week but iam here..

EUR/USD - Euro Dollar
Short term (Intraday)
1,2767. EUR USD is in an downtrend directed by 15 min exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. RSI is in a bearish configuration. There is a positive divergence between price and oscillators on the 1H chart. The downtrend should continue to gather momentum. The target is expected at 1,2600. The price should find a resistance below 1,2780. We could take a short position at 1,2770. We will put the stop loss above 1,2800 (-30 pips). The major target is 1,2600 (+170 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
1,2780 - 1,2825 - 1,2860
Supports
1,2730 - 1,2600

GBP/USD - British Pound Dollar
Short term (Intraday)
1,8554. GBP USD is in an downtrend directed by 15 min exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The price is just above 1,8550 support. The volatility decreases. Bollinger bands are tightened. RSI is in a bearish configuration. The downtrend should continue on 1,8150 support. We could take a short position at 1,8560. We will put the stop loss above 1,8600 (-40 pips). The targets are 1,8460 (+100 pips) 1,8160 (+400 pips). This is a dangerous trade, take care and put your stop loss.
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
1,8580 - 1,8600 - 1,8680
Supports
1,8550 - 1,8460

went short cable earlier 1.8550. will let it run overnight

Thats a bummer, I was up about 30 points before it decided to shoot up 60 just before 6:00 and hit my stop

Morning all, no trade yet waiting to see if 09.30 moves anything.

Just thought I'd bring this to the top and see if anyone wanted to post on it! Bit wary of cable since Mon when I was badly stopped out of a long - of course it only nudged my (wide)stop and then flew up!

afternoon helen,hvnt done much today nursing a massive hangover..but back tom.

Have taken out a tiny speculative short on Euro/Yen at 105.84 with stop at 6.02, in case it's the turn. Cable and Euro/$ are also trying to make up their minds whether the lady is for turning!

Yeah, Mos heard you moaning about you're poor head on the other thread - must be bad! In our house we call it a virus so we get more sympathy. Get well soon.

helen just had a little sleep and feel much better..i was led astray..but thats not hard..:)
ive gone long cable @ 50 see it it holds.....

sld @ 75

mng all BOE trade deficit going to be a busy day..

done ntg fx as of yet going to wait for figs...