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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!

Gausie - 03 Mar 2006 10:46 - 4974 of 11056

Harlosh - thanks for the chart - I hadn't opened this thread. Have printed it out to see if I can make any sense of it.

Hilary - excuse my being coy, but my provider clouds rates in secrecy. It sucks - but thats how it is.

Each contract IS for 62,500 - proper name is BPH6 - the BP is british pound, the H is the quarter and the 6 is the year. Your provider probably has an odd naming convention.

You shouldn't pay more than $6.25 for a round trip with any provider. Cheapest I've ever seen is $0.50 with Kite Group (semi pro outfit) - but you have to rent a chair from them which I think is about $2k a month. Considering joining if I decide to go full time.

Major currency futures are usually cheaper to trade than commodity futs and are significantly more liquid.

Also trading the ripples at the moment, and leaving the waves until the direction is clear. Have 3 different uptrends on the 5 min chart. 1 down and 1 up on the 8 hour.

Gausie - 03 Mar 2006 11:06 - 4975 of 11056

Looks like a bump and run - short 2 from 40.

Gausie - 03 Mar 2006 11:20 - 4976 of 11056

added - 45

Gausie - 03 Mar 2006 11:30 - 4977 of 11056

And again 47

goforit - 03 Mar 2006 11:30 - 4978 of 11056

g have you read tomorrows paper?

Gausie - 03 Mar 2006 11:32 - 4979 of 11056

And again 56 - always happy to short a bull break from an uptrend - but this is getting close to my stop.

Gausie - 03 Mar 2006 11:32 - 4980 of 11056

gfi - lol!

goforit - 03 Mar 2006 11:35 - 4981 of 11056

g hour and 30 min candles look strong to me

Gausie - 03 Mar 2006 11:37 - 4982 of 11056

short more 53

Gausie - 03 Mar 2006 11:39 - 4983 of 11056

and again 49

Gausie - 03 Mar 2006 11:43 - 4984 of 11056

and again 49

chocolat - 03 Mar 2006 11:45 - 4985 of 11056

Needless to say I'm hanging in long.
Hourly could be breaking up again.

Gausie - 03 Mar 2006 11:50 - 4986 of 11056

Short & stubborn - average 48.7.

Pulled stop in closer

goforit - 03 Mar 2006 12:02 - 4987 of 11056

g whats your stop if u dont mind me asking

Gausie - 03 Mar 2006 12:09 - 4988 of 11056

67 instant or 62 for 3 x 5 min candles.

Gausie - 03 Mar 2006 12:21 - 4989 of 11056

Now out for a train wreck!

:o)

chocolat - 03 Mar 2006 12:23 - 4990 of 11056

Oops :(

goforit - 03 Mar 2006 12:39 - 4991 of 11056

wooopsie - just covered a short for -6

Gausie - 03 Mar 2006 13:49 - 4992 of 11056

short again - 76

cable2.JPG

chocolat - 03 Mar 2006 13:57 - 4993 of 11056

Shouldn't you be snoring by now?
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