Forex rebates on every trade - win or lose!

Same here!!

added to EUR/GBP short @ 6817

Seems my cable personal trendline was a little more sticky than I gave it credit for, therefore out for 0....still that improves my average....lol

Finally pensioned off my trendline tonight, with that out of the way, nicked 18 point short on cable, nice way to end the week at least.
Enjoy the weekend people!

Keep it up Stormie :)

From yesterday

Trichet says ECB readiness to raise rates has curbed inflation expectations

BoE's King warns of possible shift in inflation expectations

Hil: FYI, the FX Fairy dropped by . . .

Forex - Dollar mixed as Katrina's damage report awaited - UPDATE 1

Didn't intend to trade today, but it worked out nicely.

This is what I was looking at this morning.
Short cable at 1.8080



and waited forever for 1.8020 to go. But it has :))

Time to redraw the down slopey thingies.

Edit: interestingly it bounced straight off the old resistance trendline.

chocolat,
Thank you for the chart, wish I had spotted that condition, instead spent the day grinding out 2 X 10 points (1 short & 1 long) to recover from my lack of observation.
End result, +4 on the day, should have been much more..:-(

Stopped out of my EUR/GBP long -13 whilst away camping on Friday after I raised my stop - would now be back in profit :-(

Forex - Dollar drifts higher ahead of US data and oil prices come off highs

Forex - Dollar near 3-week euro highs after solid US confidence data

Bingo!
1.7820 straight off the lower support line.
I'm going home now :)

House

chocolat,

Another great call, well done..:-))

Closed a paper money EUR/GBP long +25 (6822 to 6847) on that little kick up this morning. Now to do the same with real money, looking for another EUR/GBP long entry.

Edit now long 68.42

SC. Eur/GBP needs real patience, as it doesn't move as much as the others. If you're still in, I see you're in profit, but I think I would have bottled out before now! I started out on FX trading it, and it was quite nice because at that time it had a beautiful range of about 40 points for weeks and weeks. Of course the minute I started, that all altered!!!

Took a quick 17 on a Euro/$ this morning, but a lot of whipsawing now on this and cable.

Agree Maggot, that's why I like it, small movements, however down a little now. The main thing was that I set my stop too tight last week - 25 points whereas 50 would have been better.

Forex - Dollar drifts higher even as oil prices dominate headlines

The whipsaw on cable and EUR/GBP is because we had GDP figures earlier
UK govt budget deficit breaches EU stability pact for 2nd year running

Re cable imo anything close to 1.78 and 1.79 should be good for a few points today.