Forex rebates on every trade - win or lose!

Choccie,

The problem that I've got with the down-leg from 1.89 this week is that it started from what I considered at the time to be too low a level. My stochastics indicator on my houlies was pointing to further gains when it sold. Maybe it was because it overcooked on Monday or maybe because they realised that there wasn't any hope of a rate rise this month despite the rhetoric. Maybe both. Who knows?

That said, I'm looking for a quick recapture of the Monday highs before it pushes on up towards 1.9050. That 1.8830ish level now looks to be critical, imo.

It will be from today lol

Good call the long ones - I dithered around 8760 - not sure whether to have a go around 8830 (short) - but off to Golf soon so probably not a good idea to trade blind.

Better go off and do my chores - got a luvverly french maid's outfit that I'm just dying to try :)

Gertcha.

:o)))))

Lovely jubbly, just had +60 off that :-)))

Well done guys

Bugger
Missed my target by 4 pips :))

Picked off +46 before the reversal :-)

In - long - from 771 let's see where it goes from here. Kicking myself for missing that spike.

Crap trade - out for -20

Given a bit back :-(

I shorted at 90 with a target of 8739.

I'm going for the bottom line

Harlosh
I think you really are the MoTU :)

You mean 8700 Choccy?

Thanks mg - we all have our moments. :-)

I'm keeping out now whilst I've had a +ve week. Anyway, work beckons again. Managed to pay for my sandwiches this week.

Harlosh, superb trading. Gonna get me one of them black boxes like what you're using ;-)

If my support line doesn't hold it, yes H.

OK Choc. Thanks SC.

That's it for me this week. My 5-min charts might be turning back up again now and it looks like a few people are closing out ahead of the weekend. Besides, I'll go boss-eyed if I watch it much longer.

I tightened my long stop ahead of the data, watched it soar but couldn't get out fast enough as it fell back down and hit my stop at 1.8815. Then watched like a muppet before finally shorting it at 1.8782 having spurned countless earlier opportunities at a better price.

I suspect now that this will go even lower early next week, but Monday should be good for a fresh entry if that still looks to be the case.

WRT my post where I claimed to have got +60. I actually got 61, but it was a fluke, I accidentally brushed the touchpad at 8817 before the figures whilst the cursor was on "buy" and this triggered a buy, even though I tried to cancel it! So I thought I'd let it run rather than trade at a loss, and it went up a few pips, so then I decided to wait for 1.30, got out at 8878 but do I wish I reversed? You bet I do!

Anyway, I just want to thank everyone on this thread, especially Hils, for all their help and assistance. After flirting with Fx last year, I now think I've got my head around it and want to keep going, especially after seeing what can be done. I'm only trading tiny amounts at the moment until I'm more confident and can consistently get more winning trades than losing, but with my level of busyness at work I really need a single instrument to trade, and I reckon Fx is the one.