Forex rebates on every trade - win or lose!

08:02 EUR/USD: Good bids Ahead of 1.1900, stops Under 1.1885] London, Feb 22.
With German growth data showing an unchanged 0.0 return for the fourth quarter
of 2005 the EUR got off to a soft start in Europe. The Asian market peaked at
1.1930 after the EUR based at levels around 1.1905 at the North American close.
Price action remains tight with the week not really off the mark following the
US holiday.
The German data has been slightly offset by French business sentiment and
consumer spending numbers, which have bettered market expectations. The EUR fell
to 1.1907 from early European highs around 1.1928 but has bounced back to
1.1917, where small offers have held the rise.
Talk in the market of good-bids in the 1.1900-10 area and stops under 1.1885.
The EUR has been hemmed in by orders since last week"s 1.2025-1.1890 fall and
the market appears unsure of direction.
Clouding direction is the on-going second guessing over US monetary policy and
the thorny issue of inflation. Some Fed officials still see US inflation too
high, according to the WSJ. Fed"s Fischer has made it clear what he thinks of
the inflation threat and sees very strong growth in Q1. US CPI data id due at
13:30 GMT.

Hopefully after 09.30 we should see sum movement ,was a bit slow yesterday.

Pleased with that - took 28 on the 9.30 spike up in 5 seconds.

Well done Maggot,I am staying long at the moment.

Nice one Maggot :)
Now it's exhausted.

Well I'm shorting the reaction.

edit: If it's nfg, worst case I'll be out flat.

Weird - just had a hanging yellow ticket and eventually a grey ticket with: Cancelled - Call dealing desk to trade. Blimey - for a 1 bet!!!

Yes - again unable to put on-line trades on forex with cmc. That's cost me another 25 points at least.

Maggot,

I don't know why you even bother with them. There's a herd of sheep on the other thread who don't want to listen and who come up with silly excuses.

It's time to move on.

wedge or pennant on the 5mins cable

My BPH6 now back in profit

Well done, G, I've covered for now while it rises on the 1 minute.

Hilary - how do you trade Forex? I use mainly cfds for equities (apart from tiny trades on the FTSE 100s occasionally).

PS I've put a post on the cmc thread - similar to your views I suspect.

Maggot.....Hi, i only kept cmc for forex as up to now been no problem but i also had a requote for 5 after held yellow, time to close account.

morning all,ive got a few contracts on with BetonMarkets that cable does not touch either 1.775 1.765 or 1.72 with good percentage returns if no touches are hit,all on 7 day contracts !!!!

Mega...

here we go again .....

a higher low sets a target of 1.7530.

a lower one sets 1.7050

Anyone else here trade currency futs on DMA?

Hi, cloudbase. Nice to 'see' you again after Manchester.

CMC is so quick, and they offer the free charts (though they are not brilliant, are they?) Also a simple site - couldn't work out how to use the Cantor site, and IG wasn't easy, to my mind. But I am simple anyway!

FXCM, Maggot.

There's a Bubble banging the ECB drums currently giving EUR some support.

thanks, Hilary

5,10 & 15 min RSI on cable just turned up from oversold.

Added BPH6 @ 1.7399 & 1.7401


Dont forget CPI 1.30