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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!

mg - 26 Jul 2006 14:34 - 5789 of 11056

I've been watching all week (and made a few on the short side). Went long a couple of hours ago from 405.

Hilary will be pleased to know that I've placed my stop at 380 - just below the last low of 385.

The MACD60 seems to have escaped from it's directionless flatline - so trying to go with it.

Harlosh - 26 Jul 2006 15:19 - 5790 of 11056

Good entry mg

bakko - 26 Jul 2006 17:45 - 5791 of 11056

Nicely done mg.

Even though I had long signals this morning I didnt think they were convincing enough so I bottled out of trading today :-(

The appealing thing with forex is that there's always another big trade not very far away :-)

chocolat - 26 Jul 2006 17:51 - 5792 of 11056

Soo right, bak - there's always tomorrow.
Hardly traded these last weeks, but I started a long last night at 1.8395. No coincidence that my stop was also at 380. Wotcha mg :))

Gonna stay a while :)

mg - 26 Jul 2006 20:21 - 5793 of 11056

wotcha choccie bun and the other bunnies.

Got back home and closed for +125 :))))))))

I needed that kick in the wotsits last week. That was a much better crafted trade - quite pleased with myself !!!

May have a look tomorrow as I'm on shore leave until Friday.

mg - 27 Jul 2006 13:11 - 5794 of 11056

Trying a couple of dodgy shorts - based on the 10, 15 and 30 MACDs - the first 2 seem to be confirming a turn - but could be false. The 30 minute hasn't crossed yet and the 60 minute shows no real signs - so may well be a bad call.

Stops in @ 645 - just above the recent high

mg - 27 Jul 2006 14:10 - 5795 of 11056

Don't ya just hate it when that happens :(

Should stick to the 60 minute MACD

Hope you've still got that long open chocciepoos

chocolat - 27 Jul 2006 14:11 - 5796 of 11056

Good call mg :))
Still longer though ;)
It bounced off one of my lines there and it's banging against the next one now

Edit: it's through !!
PS Sorry to hear that meggers, thought you'd have taken it :(

mg - 27 Jul 2006 14:17 - 5797 of 11056

Wasn't watching - and probably wouldn't have taken it anyway :(

Nice trading - you little bon bon you

hilary - 27 Jul 2006 14:36 - 5798 of 11056

Wow, what a day.

I was caught swimming outside this morning when the thunderstorm came. That was rather scary. Pakistan are all out now for 119.

And cable's gone up another 100+ pips in the day to boot.

:o)

edit: I reckon the top of the channel's currently around 1.8720 but it will probably be closer to around 1.8750 by the time it gets there.

mg - 27 Jul 2006 15:16 - 5799 of 11056

Looks like the girlies are getting it on the up - that's more than I can ...... always the way !!

Well done you 2

Harlosh - 27 Jul 2006 15:30 - 5800 of 11056

Congratulations on your anniversary MM.

MightyMicro - 27 Jul 2006 15:59 - 5801 of 11056

Harlosh: many thanks!

Hilary -- thank you, how kind!

mg - 27 Jul 2006 16:56 - 5802 of 11056

How remiss of me, I was too busy losing money to offer my congratulations to Mr. & Mrs. Mighty Micro. Good innings that !!!

Respect
mg

bakko - 27 Jul 2006 17:39 - 5803 of 11056

Congratulations to the MMs!

I've got a long way to go to even get close to your score!

bakko - 27 Jul 2006 18:53 - 5804 of 11056

On the trading front, I had a poor start having shorted and got stopped out for -40 ticks :-(

Came roaring back in the afternoon squeezing out +22 ticks on a short taken off the back of the lunchtime news item. I then reversed to a long and closed up for a further +67ticks :-))

chocolat - 27 Jul 2006 22:42 - 5805 of 11056



Hope you both had a lovely day, furry godmother ;)

chocolat - 27 Jul 2006 22:47 - 5806 of 11056

And well done to everyone, whichever way up you played it :)

Sue 42 - 28 Jul 2006 08:20 - 5807 of 11056

I am short & wondering whether to close or wait - any views?

bakko - 28 Jul 2006 09:24 - 5808 of 11056

Sue, Your short looks good so far but tread carefully cos there's news release minutes from now which can drastically change your current position in either direction.

Edit..Btw, the current main trend is in an upwards direction

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