Forex rebates on every trade - win or lose!

hilary,yep iam trying to wean myself off off scalping..done 26 round fx trades today but basically i want to try to be more of a position trader..but old habits hard to break.....
the few hour senerio is one iam trying to get back into...
have a good evening..appreciate..ur input.
cheers
mos

MG

Any news on Golf? Its supposed to be next week. Weather is not conducive atm but may improve by monday.

Bob

Hilary

Good to see you posting. I was leaning towards shorting cable tomorrow and will be looking for an entry from 7am if the nips stay out of the action.

How is your dog?

Bob

morning all.tight overnight ranges ahead of NFP.

just spoken to a mate of mine @ rbs,theres rumours and it is only that of a blow out NFP 350/400k.....
may be worth setting a few stop entry toshort dlr if thats true...
mos

any views NFP..even it if comes in @ 225 ish..will that be bullish for usd..
any views...??

Hi Mos
Not done much this week. What times the NFP today

1.30 jm cosensus 225 but now rumours of 300/400k....... who bloody knows.but thgts are to get usd really moving will have to be 300k +
so will get knee jerk after figs and then trend reversal....plenty of movement to get it round me tits...lol

The USD failure to break higher suggests to me that the momentum players are holding off from adding to their positions till after the numbers. I get the feeling that 225 is already in the price and the numbers might need to significantly beat the street to push the Dollar higher. We'll see.

Bob,

I took the dog to the vets as BT suggested. He's got a degenerative disease affecting nerves/spinal chord and will now be on steroids for the rest of his days.

hilary , agree think if we see say 275/300 will initally see usd buying but cud reverse by day end..as always its not the movement on the figs but how the market reacts 15mins after...

Still holding a euro short from yesterday morning, 13152.
Decisions, decisions..

I am short cable because I think it wud take significantlly lower than 200ish to cause a rally

Hilary

Sorry to hear about the dog

bob 225 even 250 built in maybe up to 300...

I'm long cable 1.908. Here we go...

I took the +40 that was on offer

Stopped out -25 :(

bob
I nearly always use stops but these reporting times are too whippy so I take my chances. I sat watching it dip to 1.9050 which is about where I would have had my stop if I had placed one

Oh rats.
Stops 'n spikes.. :S

Jeff

My stop was at 105. I went short at 9080, you were long. Its my turn next:)

I am all square on NFP punts over last 5 months

Ooops. Closed a usdcad short for +60, had a oco order in which I then cancelled but I presumed by cancelling one that the other would also cancel. Wrong, found that I was then long. Drats, had to close that for -30. Should of let the oco close for me which was the whole point of it. Lesson learnt.