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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!

goforit - 06 Mar 2006 09:25 - 5029 of 11056

and another at 567

Harlosh - 06 Mar 2006 12:01 - 5030 of 11056

Interesting watching Cable on intrday charts which I have just downloaded for the first time.

P&F would indicate we have bottomed for the time being and are giving strong buys signals. Anyone care to comment on what I'm seeing?

Harlosh - 06 Mar 2006 12:19 - 5031 of 11056

Now weak. Not got the hang of this yet. :-))

goforit - 06 Mar 2006 12:29 - 5032 of 11056

H - I'm short cable, waiting to see which way she breaks. Looking at the hourly and ten min candle and rsi i would favour a break to the downside, but could go either way. Trading what I see

chocolat - 06 Mar 2006 12:44 - 5033 of 11056

1.7520s - looking for support here although my indicators are telling me otherwise

goforit - 06 Mar 2006 13:10 - 5034 of 11056

dont know choc, the last hourly candle not as strong as I would have liked in this move. what indicators do you use?

chocolat - 06 Mar 2006 13:46 - 5035 of 11056

Tend to rely on MACDs but I'm taking a wild guess today.



Extends from last month's 1.73 low. But I won't hold my breath.

Maggot - 06 Mar 2006 16:32 - 5036 of 11056

Look at PNN auction

edit - not so spectacular now but it looks as though there may be something in the wind

goforit - 06 Mar 2006 16:43 - 5037 of 11056

maggot, I was looking at cable and ftse(short from 5915). cable turning into a nice little trade, especially as i thought i'd be trading it the other way last night!

Harlosh - 06 Mar 2006 16:53 - 5038 of 11056

My one hour P&F chart suggests support around 480.

Small long from 490

Maggot - 06 Mar 2006 17:08 - 5039 of 11056

Sorry - posted that post on the wrong thread - had this one open!

goforit - 06 Mar 2006 17:11 - 5040 of 11056

H reckon if doesnt close abve 17500 on 10 minute chart might carry on down (imho)

Harlosh - 06 Mar 2006 17:17 - 5041 of 11056

Thanks Gfi.

Not quite got my head around these additional time frames yet.

I've got a stop in place so OK for now

chocolat - 06 Mar 2006 20:20 - 5042 of 11056

Forex - Dollar rises on talk of Japan slowing its policy shift - UPDATE 2

chocolat - 06 Mar 2006 20:52 - 5043 of 11056

Nice one guys.
Long again now 1.7477 but it could get sticky.

goforit - 06 Mar 2006 21:04 - 5044 of 11056

still got one left on, not convinced by the strength of the bullcandles, think my stoploss was missed by one, sure it'll get taken out soon, wont open anything new tonite, been a good day, hopefully got a nice short on the ftse as well. catch uall in the morn

chocolat - 06 Mar 2006 22:11 - 5045 of 11056

You were good enough to put up your cable view last week Harlosh :)

Here's my version of the bigger picture right now.



Of course it could all be a load of b:o)ll:o)x

Harlosh - 06 Mar 2006 22:38 - 5046 of 11056

Are you still long Choc?

chocolat - 06 Mar 2006 22:49 - 5047 of 11056

Covered some at 1.7505, H.

Harlosh - 06 Mar 2006 23:02 - 5048 of 11056

Looking for it to hold on the bullish support line on this 5 tick box hourly chart.

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