Forex rebates on every trade - win or lose!

Have 5 contracts on with BetonMarkets than cable does not touch either 1.775 1.720 or 1.722 all due to close tonight and tomorrow :-)))

Mega...

I hope my short falls only to 723 then Mega.

Good luck guys :)

choccie,its a no brainer really,its bang in the middle of either limits so as long as it does not tank or rise rapidly it will be a nice little earner so they say :-)

My short is looking shaky

Fwiw I can't see it going much lower than 1.7370 for a while yet.
And I'll stick to longs for now.

Covered cable -16

The greenback is weak across the board today because of fallout from the Dubai Ports/P & O deal.

hard luck harlosh

Long 1.7463

oops and 65 but will tip out if it doesn't look to break 1.75

Cracking entry, Chocs.

the entry yesterday wasn't bad either!

Was concentrating on shares today, but wish I had traded Cable instead - still, managed 60 points on a quick couple of bets. Trouble is I don't bet big enough.

Goforit,

Thanks. I think it's always good to lose at your first attempt. It ensures one doesn't get carried away. Still got a lot to learn on Forex but been reading a bit and watching the charts trying to get a feel for them. Only using CMC at the moment so I can keep my mistakes to a minimum.

Todays effort was only small to relieve the boredom of all that studying. At some time or other you just have to get stuck in there and learn by your mistakes. Better to keep them small though.

Look forward to posting here more often and learning from our resident experts Hilary and Choc :-)) (Hopefully Hilary will stick around for a while to profer snippets of wisdom).

On an away day tomorrow so no trading til Thursday.

Good luck.

Where from here?

Aha - couldn't get on the thread before.
Glad it wasn't too bad, Harlosh. Certainly would like to learn about p+f - but you already know that ;)
Closed out again when I got home for a couple more round numbers.
I'll try and put up a chart later if I haven't conked out.

Well done Choc. Great trading today. Next time I'll check with you first :-))

added another bet that cable would not touch 1.728 in the next 7 days for 15% return :-)

Mega

Why dont you just write options?

G,aint got a clue about options,it take me minutes to do a few checks on Meta Trader to fine tune it ie highs and lows over a certain period then place bet,but i try to place them so i get about 15% return over a 7 day period,i could increase the return to say 30-40% but that means i would not sleep at nights !!! It just suits my style of trading at the moment,no major screen watching,i also do the DAX S&P and DOW all the same (no touch) and my life style is a so much better for it :-)

Mega...