Forex rebates on every trade - win or lose!

Moved my stop to breakeven so we'll see what tomorrow brings

Whew! Got out of that with a tenner. Never mind, pays for lunch in the pub on Friday.

Bank of Japan giving the $ a feel good factor
with and euro, but will it last

Morning Beebs,

Looks due for a bounce on the 5-minute chart. Slightly different picture on the 1-hourly chart though ...... might just need a bit of patience to let it unwind a touch further yet. It's a difficult one.

Is it time to reverse? (Go Short)

"The direction of the dollar over the coming days is important is determining how cable will react, but for now we remain cautiously bullish whilst 1.8800/8780 holds. Below this level, expect a pullback to longer term trend line and Fibonacci confluence at 1.8500. Look to attempt tiny longs near 1.8800, stop and reverse below 1.8770 for 1.8500"

Looks like the market was listening and gave me my answer

Tellon; short not my style at present on this animal - it bites....
having said that not sure where the next news is coming from that will
take us back up to 190 ish.
We've been to 187.45 - I know coz i had a long order at 187.42 - and that is more of a correction than i was expecting from 191.40. I think it's currently looking oversold, and the $ is only getting a leg up coeurtesy of Japan.

However....... fortune favours the brave ?

Fortune does favour the brave. But it makes you age quickly...

Blimey. I go away for a few days and look what happens! Good timing for me. I'm far too bullish on Cable at the moment and would probably have given back my profits from the start of the week if I'd been trying to play the past two days.

dclinton: Yup, it's all gone horribly wrong, and no sign of a spike today. I smell intervention, real or pending . . .

Incidentally, you said were in Telford working -- not a consultant to the I*nl*nd R*v*n*e by any chance, are you?

MM- I'm afraid so. Hopefully not for much longer, though.

morning forexers
giving the 10.00 a small go, also think we now have a baseline c185.60,
so long 185.80, stop (mental at present !) 185.50

Morning ALL,

Road cable down last night for 70pips then watched my short ride away to make a pip profit...

Beeble,

I agree Im Long now 18576 Stop at 18549. Very simalar numbers.. Scary..

Im ageing fast..

tellon ;~)

lets hope greenbum says the right things later.....
he's talking 4 times this week, so we'd better stay awake

ageing fast eh, you're probably a young whippersnapper like that treble

stop moved up to entry
added more at 186.15

Beeble your one step ahead of me. Moved stop up and added at 18631.

In my mind I have a rough target of 18800 are we thinking alike or just coincidence?

(F.Y.I I cant Spell)

seems reasonable by friday,
but so much depends on every little inflection from
greenbum. fingers crossed, and seat belts fastened......

wish hils was around, need to hold someones hand...

amazing - he hasn't said a word yet !

Cracking mornoing for those of you long on Cable. Scalped a few in spare moments from Euro/Dollar, but it's not been as solid as /Dollar.

tks maggot - back to your divis now,
dont want you having too much excitement in one day...