Forex rebates on every trade - win or lose!

Nice to see a new and an old face in here.
Funny that, everyone always seems to think I should be somewhere else ;)
I'll put up my trades when I get home - btw ten four, I was looking for 1.79 too :)

Only goes to show we're both bonkers

I cannot believe it - she said the b word ...........

I have not and never have been b.......... Anyway, I wouldn't know how to do b.......

mg XIV (and none of the Nuns know what you are talking about - they have no idea what b........ing is - they only do praying - on their knees, bent over, looking ever so angelic, mouthing chants and stuff ........)

Ok I said I would, so here goes (especially for Stormie)

Here's a screenshot of cable from Monday morning



I haven't budged on my trendline since last week, and you can see where support became resistance on Friday. I shorted first of all at 1.7871, made a note that I'd probably get burnt - I was going to give it until 1.79 - and that's where I added. It looked fairly strong from the outset and it made such a meal of it all day, I closed at 1.7842. Managed to catch it just below 1.79 on Tuesday and closed that for 75 points within fairly short order. So the rest of the day was a bit of a yawn until FOMC time came round. I watched it spike up to the 70s and caught it as it fell back to go long (eek) at 1.7850, inbetween trying to be clever with the Dow. I was rather hoping for 1.80 this morning



but I gave up and reversed at 1.7967 - looking for support at 1.79. I would've added around 1.80 if it had found the strength, but in any event I closed it at 1.7940. Shorted again at 1.7975 this afternoon and closed that at 1.7919.

So yep - the trend is your friend, whichever way you look at it, although I have to say, the MACDs are my best friends :)

And you're a little liar ten four - no point in giving you penance, cos you love it ;)

Added to AUD/USD spot @ 7702

Added to AUD/USD @ 7722

I hope the fairy doesn't sleep in again :)

The FX Fairy thanks you for the nudge (in the hammock, one assumes :))

Been closing those cable longs started from just above $1.74 this morning. For around 730, 630, 530, 430, ....... respectively. Just over 3000 pips for 3 weeks work.

:o)

Hilary, shouldn't that be :0))))))))))))) Well Done

WOW!!! I think I'm doing well if I take 30...
:-)

That's brill, Hils :)

a lesson for us all...
mighty impressive

ADD every 100 pips in your favour once opened as it confirms direction
.....then use a wide trailing wide stop to take you out

major respect....
and not bad for someone semi retired :-)

David

Excellent result Hilary - Much respect for not sitting poring over the monitor all day.

Hils: respec'

You can buy me lunch when you collect the ski boots :))

Managed to find my way back here, after something of a troubled absence, one or two may know about..:-(

chocolat,
Thank you for the post 4300, a gesture I appreciate, it points up a few things...and keep up the good work..:-)))
(sorry I was late arriving)

MM,
Thanks for the update, knew you could do it!

hilary,

Terrific show, well done!......guess the price of the lessons has gone up now...lol

OK, I've been away for a bit, and I left cable in a glorious trend......
Well one of you lot has broken it!!! Come on, own up.......WHO WAS IT???

ps, short cable @ 53

Not a great result, stopped out for +5 on cable, but at least it was + not -, makes a nice change....

The FX Fairy has visited and sprinkled pixie dust on the Economic Data Release Calendar.

Enjoy.

I am presently working on my FX spreadsheet a la Hilary and running a demo account, trying to backtest, trouble is I'm a bit limited in my spreadsheet abilities. Will keep you all posted. Had demo a run with cable, having been down 600$ on Friday afternoon I closed it flat - not real money but it felt like it.

I think that you guys should be selling the Dollar like it were going out of fashion right now. But wdik.