Forex rebates on every trade - win or lose!

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...

cable perky again 2day. interesting to see if price is contained within the channel that seems to have formed on the hourly chart

does anyone use coesfx for trading?

Short cable 1.7576

Still running a long from this morning

I'm with Choccie on this one for now.

Good luck

It looks like it might be turning, G, but I'm giving it a little longer first before rushing into a decision.

Same here.
Good luck all round :)

fair enough - its not going to be turning on a sixpence imho.

Am building position up each chance I get.

managed to catch a bit of spike at 88 and 91

I'm out into that spike. There looked to me to be a large faker behind the bid.

I see necklines within each H&S on 1 min right back to 1.7500 now. (am selling each rally)