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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

Divetime - 12 Jan 2006 12:16 - 4742 of 11056

ECB Rate next 12.45, then US Trade ballance at 13.30, a good day to trade the news.

Mega Bucks - 12 Jan 2006 12:17 - 4743 of 11056

cable just dropped through 34 day moving average at 1.7679

Seymour Clearly - 12 Jan 2006 12:42 - 4744 of 11056

Mega, mail received & reply sent.

foale - 12 Jan 2006 12:57 - 4745 of 11056

looking to retest 17720 again imo

foale - 12 Jan 2006 13:45 - 4746 of 11056

Lot of too-ing and fro-ing on cable post 1:30 figures...
small add at 17671

staying long...

chocolat - 12 Jan 2006 13:56 - 4747 of 11056

Still here foale :)
Stopped trading fx before Christmas and only got back in again last Friday with a cable long in the morning and a reversal in the evening, which I closed Monday morning. Too much going on at the moment to apply myself.

Like the header Hils :)

Seymour Clearly - 12 Jan 2006 14:05 - 4748 of 11056

Long cable 17645

foale - 12 Jan 2006 14:09 - 4749 of 11056

one side of the 1 hour bollie to the other

Seymour Clearly - 12 Jan 2006 14:12 - 4750 of 11056

And I paper shorted @ 17706 :-0

1 a point until I know what I'm doing now.

foale - 12 Jan 2006 14:15 - 4751 of 11056

1 pp the way to go with FX at the beginning...

Mega Bucks - 12 Jan 2006 14:27 - 4752 of 11056

SC,mail received !!!!

Seymour Clearly - 12 Jan 2006 14:31 - 4753 of 11056

Added 17614

chocolat - 12 Jan 2006 14:38 - 4754 of 11056

Trichet says Dec ECB rate hike 'warranted'; monitoring risks 'very closely'

Seymour Clearly - 12 Jan 2006 15:07 - 4755 of 11056

Closed second lot -20

Seymour Clearly - 12 Jan 2006 15:09 - 4756 of 11056

And first lot - lots more. Looking forward to the bend at the end.

Seymour Clearly - 13 Jan 2006 09:11 - 4757 of 11056

I knew that would happen, and I wouldn't be in :-( Would now be +50 and +80

foale - 17 Jan 2006 09:38 - 4758 of 11056

I am finding FX very hard to read at the moment...
after a clear trend ...easy to get into the mentality of
trend trading...then get whipsawed when it range trades

Divetime - 17 Jan 2006 10:35 - 4759 of 11056

Got burnt this morning when the CPI figs came out, ouch!

Mega Bucks - 17 Jan 2006 10:45 - 4760 of 11056

Divetime,it is always good idea to take a look at the calendar at the top of the thread or better print it off and if you trade say cable,then all you do is check that there is no data coming out on that day with a GBP beside it.News like that can and will move it as you have found out.

Sorry to hear the news with a OUCH :-(

Mega...

Harlosh - 17 Jan 2006 13:27 - 4761 of 11056

Mega,

forgive my ignorance but I therefore presume it is not a good idea to hold positions overnight or before 9.30am when most of the news seems to come out?
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