Forex rebates on every trade - win or lose!

choccie
Lend us a fiver ;))

You really are the Chocolat Queen - or is that Creme de Chocolat :)

Brilliant stuff !!

EUR/USD

Important support is seen at 1.298 and it will probably be tested a bit later. Resistance is seen at 1.308.
Keep an eye on the today events. Current quote is 1.3020.

Recommended trades:

Short at 1.3030/40, t/p @1.2970, s/l @1.3070

USD/JPY

The pair found support at 104.95 and it seems to target the first important resistance at 105.40. Current quote is 105.12

Recommended trades:

Long at 105.00/10, t/p @105.70, s/l @104.70

--

took profit on my long @ 18950

GBP/USD - British Pound Dollar
Short term (Intraday)
1,8930. GBP USD broke 1,8900 resistance. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. There is a negative divergence between price and oscillators on the 1H chart. The uptrend seems to be finished. The trend should reverse. The target is expected at 1,8800. We won't take a position.
Medium term (Daily)
GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. RSI is in a bearish configuration. The downtrend should continue on 1,8160 support.
Long term (Weekly)
GBP USD is in an uptrend supported by Week exponential moving averages. The volatility decreases. Bollinger bands are tightened. There is a negative divergence between price and oscillators on the monthly chart. The price should continue to consolidate.
Resistances
1,8950 - 1,8980
Supports
1,8920 - 1,8900 - 1,8850

EUR/USD - Euro Dollar
Short term (Intraday)
1,3017. EUR USD is in an uptrend supported by 1H exponential moving averages. The price is just bellow 1,3050 resistance. The volatility is high. Bollinger bands are parallel and form the trend. RSI is in a bullish configuration. There is a negative divergence between price and oscillators on the 1H chart. The uptrend should continue on 1,3100 resistance. The price should consolidate. We won't take a position.
Medium term (Daily)
EUR USD broke 1,2950 support. EUR USD broke the uptrend to begin a bearish movement. The volatility rises. Bollinger bands are deviated. RSI is in a bearish configuration. The downtrend should continue to gather momentum.
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
1,3050 - 1,3100
Supports
1,2995 - 1,2945/50 - 1,2930

Managed to scalp 20 points in an attempt to get my confidence back ;)

Will be trying to play it both ways today - screen watching whilst trying to write a boring report - multi-tasking - not one of my strong points !!

mng mg ..good luck mate..

Long again from 930

Scalped another 20. Could be the 20/20 vision stuff - but not complaining - nearly got yesterday's bollox back - and it's onlt 08:00 ;)

well done mg

In long again from 925

See, Bounty hunter - you're dead good.

Flake ;)

choccie
Oooooooer - http://www.visit4info.com/details.cfm?adid=18552

:)

Given back 20 points ;(

Trying a long from 895

Got my 20 points back - phew

Good!!!
We are using the same indicators, aren't we?

chocolat
I think so - up when the flake starts to melt in my hand and down when I gobble it down ;)

otherwise
60sma/25ema (5 mins)
MACD 19/39/9 (10 mins)

Scrambled brains on toast today, but I'm chancing a short @ 18920