Forex rebates on every trade - win or lose!

morning, had a short lived long eur/usd and closed it for a few as it dropped. saw this that grabbed my attention.

[07:53 EUR/USD: EUR Supported By News, Stops Triggered On 1.1950 Break] London, Mar 13. The Dollar was unable to sustain its ill-gotten Non-Farm related gains into the weekend and into the start of the new week the unit has continued to be on the defensive. While a Reuters article quoting the UAE central bank governor as saying they were looking to convert up to 10% (from the previous 5%) of their reserves from USD into the Euro has resulted in the EUR rising against the field this morning. Also helping to support the EUR has been the speculation that Citigroup are looking at acquiring a large European banking name.
Into European trading and the recent break above 1.1950/55 offers is said to have seen stops go off to force spot to the fresh intraday high just posted at 1.1968 however with buying on dips preferred to follow-through buying the pullback to 1.1950 will be looked for before the topside is further explored. More bids are seen from Asian Central Banks on dips to 1.1935 with stops on the downside suggested to be building below 1.1915/10. Further offers are said to sit in size around the 1.1970/75 level with more interest to sell on the books ahead of the 1.2000 level.
Looking ahead, there is little of interest for EZ watchers on the diary so the market will focus on the Yellen/Olson comments due into the North American session.
On the options front, there is a large 1.1900 expiry noted for the NY cut at 15:00 GMT. Elsewhere, the Dollar rally seen Friday saw a slew of topside interest put through so having seen the large 1.18/21 DNT mature last week there is now speculation of renewed range maintaining structures/triggers being in play.

Small short BPM6 17302 (17282 spot cable)

Added 17298 (17278 sc)

Covered part 86

a few more away 88

covered a few 79

Stuck in the proverbial this is.
Playing it for smaller shorts too for now until it breaks the comfy zone one way or the other.

Its a lovely day here and the beech is beckoning. Just got back from the dentist, can't see anything very appetizing on the charts!

Beats the dentist any day ;)

You go and sit atop a tree when it's good weather?

short'n'bored

Kayak - goforit must have a tree house. My ash is beckoning.

added 97

oh, that poor little abandoned baby on the 1 min. Such a cruel world we live in.

just added loads. Now heavily short.

1.7322/24/22/19

covered a few :o)

1.7309

Am in a fine old mess with the short I still have open - average price 1.7312 and 20 points the wrong side.

stop loss says cover, gut feel is to add.

Going to leave it 10 mins.

Been building longs for the last hour.
One and two hourlies looking hot on the MACDs

Ok I shouldn't get so excited - they're starting to warm up ;)

Interesting - I think we have a 30 point fall to come (to 1.7280 spot)

No worries - I'll keep trimming and perming

see theres been a little jump while i been away. G certainly got the views. choc, doesnt bare thinking about