Forex rebates on every trade - win or lose!

China yuan exchange reform will not trigger heavy dollar selling - UPDATE

Firstly, must thank the ladies for the briefings, always helpful, and informative..:-)

Despite the excitement of watching water running from the ceiling, and down lift shafts and stairs, as the result of a burst pipe 2 floors above, had to have a little dabble at cable, closed this mornings short for + 40, and ever the optimist, now have cable long from 326......usual warning applies..:-)

cable long stopped out for 0....still better than average!....well mine anyway..lol

Stormy,

I'm sure that you don't need my smart @rsed comments now that cable is 70 odd pips above your entry.

May I suggest though that, when you enter a long, you place your stop just underneath the most recent low and leave it there until the position is safely clear. Vice versa if you're short. I know that it's frustrating to watch a 20 odd pip gain being surrendered but nobody ever said that this game was easy. Those 20 odd pips weren't really enough of a safety net imo.

edit: Fwiw I didn't get a signal to go long cable until around 12 noon which was around the time that you were being stopped. Having got that signal it's been intact all afternoon.

hilary,

Smart **se, my **se..:-)

I am fully aware of my shortcomings in this game, and always happy to accept guidance, I am most grateful to you for taking the trouble!!
The long trade came about as I expected a rebound from about 312, unfortunately I was a little late closing my short, and waited a little longer for confirmation (in my view) of the bounce before opening the long.
Had my timing / nerve been better I should have reversed the short @ 312, giving me the long @ 315... but both failed me...oops...:-)

Thank you again for your suggestions, and I will try to do better in future..:-)

ps, I hope you won't be offended by the question, but what gave you the signal you referred to??

Forex - Major currencies rangebound, Commodity-bloc currencies ease

Stormy,

I sent you a am private e-mail wotsit this morning. I don't know if those things actually work or not, so let me know if you don't receive it.

hilary,

Thank you, that is very kind..:-)
I won't be able to check until I get home as we are not allowed private e-mail here at work, I will have a look at home tonight and let you know!

hils,
Message arrived safe and sound thank you..:-)
Will do what I can.

SC

PS Always the case with me, don't envisage that will change

Sorry everybody, I thought this was ForSex Thread!!

Hi there all. Dont know whether anyone can help, but I was wondering if there is a good web site that gives you a larger selection of exchange rates(than above) that you can look at in one go

This week's Economic Data Release Calendar.

Yes, everybody, it's a funny format (again). However, that's the way our buddies in New York have produced it this week. Last time, they spotted it and fixed it.

If my lady friend at DailyFx doesn't sort it out on Monday, I'll email her.

Your pal,

The FX Fairy.

Calendar updated

Hil: For a moment I thought the Fairy had lost his magic touch . . .

I've got some magic mushrooms if you think they might help, MM.

:o)

Strange day today, cable let me escape from a poorly judged entry early on, out for +1. Got my head together and pulled an overlap trade for +50 and +70 (both longs of course), counts as a real good day for me..:-))
Christmas must have come early!

Forex - Dollar steady above 116 yen

I have arrived, battered and bruised, at the end of my first year trading forex.
Something of a surprise really, didn't think I would survive that long, but managed to avoid getting wiped out.....just..:-)
Actually forex is easier than I imagined, unfortunately I am not as good as I hoped, the net result being very expensive....oops
But I don't aim to give up quite yet, it's too much fun!!

In closing I would like to thank those people who have tried to help me over the past year, (won't embarrass them by naming names..:-) ) and to wish all contributors a very merry Christmas and a happy new year, good luck with the trading!!

Regards

SC

Stormcaller have been there last year and almost got wiped out,but am ready to try again in the new year,all the best for Christmas.

Paul

Calendar updated here, which is more than DailyFX managed on their own site. And I've been busy helping Santa too!

Merry Christmas from the FX Fairy.