Forex rebates on every trade - win or lose!

I think that Merlin's got something to say about your trading, mg. Well done.

:o)

Hear! hear! Merlin Well Done MG

Well, laydees - just cashed in my longs for +90 and +85 ..... a whopping net +175 and it isn't even luch time.

No more for me today - I'm gonna rest on my laurels - feeling all smug having recovered from getting pretty angry with myself.

Thank you Merlin ;)

Well done MG. I was wondering if you had taken profits. I got up too late this morning and missed all the action:-)

I've got a bit confused now, the oft proven STORMCALLER theory that it is impossible to make a profit on cable has developed a small leak....I've just closed a cable short for +30..:-))

Now if only I could remember how it was done...lol

Edit
Was a bit short of time when I posted this
Opened short @ 890, closed @ 860

It seems there may be more flaws in this theory than I had initially realised, just closed cable long for +31...:-))

Closed this one @ 92, chart said reverse it.....lacked the courage!

Edit
Was a bit short of time when I posted this
Opened long @ 862, closed @ 893

Couldn't resist second invite to short off resistance, now closed 3rd trade of the day for +51
That makes 100+ for the day, and therefore the best I can recall.
Am seriously chuffed...:-)))

Better go and do some work now...lol

Edit
Was a bit short of time when I posted this
Opened short @ 885, closed @ 834

Great stuff fellas :))

Yep, mg - I got that ;)

chocolat,
Seems you did well also??
Hope so anyway..:-))

Tried a couple more when I got home from work, but went nowhere, 2 round trips on cable net -11
But I don't care, 'cos it's still over a ton for the day...:-)
(just..lol )

:) shorts from 1.7850, 7842 and 7835 just closed.

Now flat but have orders in to buy longs @ 1.7760 and, if that's too early 1.7710. Stops on both.

Been a great week (after a crappy start) so no more unless they trigger.

Good trading MG

I am still long @ 1.7852 from yesterday. Its getting a bit iffy but will hang in till around 740 :-(

Just got back in to find that long from 1.7760 has triggered - not sure about that - but it is just below the bottom of a support line I've been running - the other one is around 1.7700 - hence the other order to buy. Might look to get out for a few (if possible) rather than drag this week's average down - I'll give it an hour or so ;)

Bob
That looks like a nasty position at the moment - let's hope that 7770ish was a real support - otherwise we're both fooked ;(

Well, that was a nice end to the week - no heroics - taken 1.7800 for 40 unexpected points.

I'm gonna have a nice bottle of red vino now to celebrate my recovery and return to sensible trading - I'm a happy chappy :)

PS - still got that 1.7710 sitting there - just in case !!!

Just chickened out @ 1,7772

MG Will be joining you in a bottle of red but mine will be to drown my sorrows

C'est le guerre. :-)

If anyone is interested, these are the 2 "master" screens I've been working off - trading using a 5 minute screen to position against "contrary" movements. What is very interesting - and the reason I was wrong footed the other day - is that the 4 hour MACD seems to have made an important move downwards. It means I shouldn't really have that 1.7710 position in there ready to trigger - so I may pull it.

Hope it helps to explain the way I've been trading this last week - but is not intended to be advice - NFAG, DYOFR - things go up, down, sideways and I am not suggesting anyone uses these for their trading. They proved useful to me - and that's the only reason I'm posting them :)

MG cant open your screens, just see the little box with x

MG ignore previous, got them with IE

Thanks fr info. Have a nice weekend

Well, I pulled th 7710 - but it didn't get there anyway. Shame because the 1 hour MACD has turned back up and would have given some good points. I've got a couple of hours so I'll be looking to long any fall-backs - 'cos I reckon 7900 is there to be bust on this hourly move - BUT I'm still wary of that 4 hour trend.

So, on the one hand it's a long and on the other it's a short :)

High risk strategy - short from 1.7815 - hopefully back down to around 1.7750 - but not very confident :(

Reversed long Friday evening 1.7735 and then spooked myself out of it last night. Got back in shortly after though, same level, when it bottomed at 1.7720 (still a nice number) and still hanging in a while :S