Forex rebates on every trade - win or lose!

Thanks for your great input, Hilary.

Have come unstuck on Euro/GBP longs after adding several times while it dropped. I needed only a 30-point rise to 7050 and I would have taken a good profit, but it never got there. Have closed for a fair loss and still have one open, which I will close when (if) it rebounds from 6950 as Saxobank have suggested it should. Must then be patient to get some back, but not for a few days, I think, when a trend has been established. Zarif oput me on to Saxobank - they have suggested trading strategies (which I checked too late) and it's free with their simulated trading station.

Sue - I deal s/b with cmc and IG Index.

Zarif, hope you have closed your Euro/$ long for a massive profit.

mg: I closed the eurdoll with a good gain yesterday and at the moment am following saxo advise and am standing aside as i think the BOE/ECB meetings are tomorrow. I personally think that EUR/Doll will reach 1.3 but before that possibly tomorrow correct itself to 1.25 area then uptrend again. Was thinking that if USD/CAD if reaches 1.3-1.3100 area then go for a short.

rgds
zarif

Sue42,
I use finspreads, mainly 'cos of the spreads eg. /$ 8pts v's IG's 12pts for March future, both open hours & range of products are better though at IG.

EUR/USD looks like it might be finding some support on the 5 minute chart.

edit: Long stops a move below 1.2580

Sue42.....I use CMC spreadbet for currency trading
spreads as follows...
GBP/USD.....5
EUR/USD.....4
USD/JPY.....4
USD/CHF.....5
You don't get requotes and they trade from Sun 8.30 pm
to Fri 9.15pm continuosly
Margin requirements are 150 per 1 point bet.
Hope thats of some help.

cloudbase - do they charge interest on positions?

I believe Etrade are 2 ticks for EUR/USD with a commission of 9.95 per trade

This is the levels i am watching to get on the trades at present.

buy eur/usd : 1.2580 stp loss 1.2425 target 1.300

buy gbp/usd : 1.8115 stp loss 1.8010 target 1.845

sell usd/swiss franc CHF: sell usd at 1.2500 stp loss 1.2620 target 1.2000

Sell USD/CAnadian dollar: 1.2960 stp loss 1.3080 target 1.22


Bought the euro b 4 the ecb and it paid well.
Bought eur/chf march at 1.5634 at looking at target of 1.5830 stp at1.5534

rgds
zarif

Spike on the USD/JPY on BoJ buying ..... the dollar bears just spray into the rise to knock it back again, such is their confidence. EUR/USD looks to be starting the next leg up now.

well that just cost the bank of japan 5 billion, "owch"

Spike up of 60 points on /USD - and I've got a small short on it that was +10 !!! What can cause that? Presumably compuetrs cut in.

Payrolls, maggot. I'm long EUR/USD and was starting to get a bit twitchy as it was testing the support line of the 2 day uptrend.

Tally Ho. Chocks away, Biggles.

Hilary your mail made me Blush :7)

Do you know Pascal, B?

Hil

One of my favourite quotes "The formal demands of logic cannot always have the final word" - Blaise Pascal.

One and the same?

Al,

Actually, Pascal's the Chef at Club Gascon.

Nice quote though.

:o)

;-)

I should've known!

No sugar Lips But you could introduce Me !

I'm sorry to be contrarian B, but offal and goose fat really don't do anything for me.

What about Lobster & Blackpudding that was my main course