Forex rebates on every trade - win or lose!

Just catching up on the thread from yesterday ...... what's with all the holding hands?

:o)

Trade the Cable for volatility, but watch the /$ cross as well for direction. It's starting to look oversold and is not too far below the 5 day falling resistance line. It shouldn't be too long before the line is tested. A break of this line could be accompanied by a sharp spike upwards as stops are triggered and buyers move back into the market.

WARNING*WARNING*WARNING

watch out boys, the boss is in today,
best behaviour compulsory

morning Ma'am

closed my 2 longs last night 186.69,
after having a few kittens

now flat

Good morning Beebs,

Whatever happened to the "run profits, cut losses" philosophy?

:o)

now you know why i wanted to hold your hand yesterday !
you wanna watch that mm chap though, i mean if we'd had one hand each,
goodness knows what could have happened

this has 187+ written all over it,
have i gone back in long ? have i 'eck...
gonna wait for the (hopeful) retrace

got the predicted retrace, but no, was waiting for 186.42,
so still not back in. will watch the 10.00-12.00

I hope some of you got it - there was even +28 10.00/12.00
now in no mans land for me, watching for any weakness.
i managed 8 trades on ftse stocks earlier, so probably
a good job i didn't have any cable position,
find multi-tasking difficult at my age !

Consumer confidence index tumbles to 87.3 in Feb. from 96.8 in January.

Slimmer chance of any rate rise on those figures.

Nice... I got in at Beebles comment.. Nice info again beeble..

Keep them coming...

tellon ;~)

Beeble what do you think it will rise too? You think it will brake 1.9150?

yup, but when is the question,
my inclination is a small short very soon, c188.80ish
coz our cousins across the pond tend to overdo everything
and it's just started looking a bit toppy

mind you, i thought it would take till friday to get to 188.00,
so you pays yer money.........

p.s. if i do go short, the stop will be 189.20ish

looking too strong - no position

short now 188.84

We are in direct compettion.. Just decided to try a Short Long at 18781..

"EUR/USD set to probe 1.2660 chart resistance; odds now favor a break to the upside; GBP/USD breaks 1.8843 chart barrier -- may proceed to 1.9137 "

looks good for you,
my stop not far away
now hit, only compensation i'm short the dow,
that's looking better

looks like i chose a bad entry level,
saw it bounce - very strongly - first time off 189.00,
and didn't think we'd get through again,
just goes to show, wtfdik......
good luck tellon, oh and what's a short long, and
i take it you meant 188.81

Sorry I meant 188.71 (Short Long, Just meant Im Long but maybe for only 20 - 30pips depending on the charts.)

Im long EUR/USD but thats not looking as good. Tight stop there as well.

Beeble its all Swings & Roundabouts

dead right there - i started with two longs this morning
arm and fp - had to cut them quick, and managed to short
a few others when the turn came...
good day all in all, and we live to fight another day

good technical and analysis site for fx:

http://www.mizuho-cb.co.uk/TresInternet/index.htm


rgds
zarif

Informa Global Markets currency analyst Fergal Smith said the dollar is likely to continue southward even as Japan is seen strongly protecting the dollar/yen from falling below the 108 level.

Smith added that the market will be most sensitive to US Federal Reserve Board Chairman Alan Greenspan's testimony on the US economy and policies today and tomorrow.

If Greenspan is as upbeat about employment as he was last Friday, Smith said it would be bullish for the dollar since 'it is seen as bringing forward the timetable for a US interest rate hike'.

'If however, he does not give much fresh policy clues, it would be bearish on the dollar, aggravating ongoing concerns of the US twin deficits,' Smith said.

After its overnight rally the euro declined slightly in Singapore trade on calls by German economy and labor minister Wolfgang Clement for the European Central Bank to intervene or ease European interest rates after the softer Ifo business data.

zarif - thanks - but i can't open the /$ tech analysis - do you have teh same problem?