Forex rebates on every trade - win or lose!

Thanks for your comments guys, gender neutral :-) , and it's nice
to hear other people's views and take on stuff.

I'll have a poke about that link you gave me, Hilary, cheers.

Thanks for that, Hilary, what you say makes sence.

I had to Google what a 'Loonie' was, though, :-) ,
and it brought me to the following link which seems to
agree with what you're saying.

Link to Loonie

Well, I don't know about anyone else, but I'm finding that getting
my head around Forex trading is very challenging and stimulating.
It's like try to fit a large double-sided jigsaw together, where someone
keeps changing the picture you're trying to make.

With regards to to stock/ index trading, with Forex you still use charts
to guage concensus sentiment and identify previous levels of indecision.

Analysis of economic data still helps you formulate a view on expected
direction.

Unlike stocks, where you form a view on the stock and either Long/ Short
it, in Forex you decide which asset you wish to be exposed to and then decide
which asset you're going to borrow and sell to fund the purchase of your
chosen asset. In order to choose that particular cross, you now need to
factor in the different effect of the same data on different Countries
economies.

Fascinating. I can see why charting is said to be more useful in Forex than
it is in Stock/ Index trading.

Well Mels - hope you clicked on to the latest comment thingie up there, 'A real head shaker' - going back to last Friday morning, it sums up very nicely just how much we think we know :)

melnibone, great posting. please keep it up as i'm one of a few newbies on this thread learning about thingies and wotsits.

as for daughters twisting dads around their little fingers, i've got one at 8 months old. they figure out that dad's a soft touch at a very early age , don't they !!!

Especially for you bos :P

Something to fill your woollies

Hi, Bosley, I'm new to Forex as well. Just trying to migrate my stock/ index
methods over to a different medium.
So maybe better for you to listen to the older hands on here.
(And I mean that in trading experience, ladies, not age, before you
all gang up on me in indignation). :-)

A few folk seem to like my musings, (masochists ;-) ), so I'll post
tonight's epistle to Miss Melnibone.
Again, please remember I'm writing this to someone learning the basics.
So I'm not talking down to you.

Can you please ask F to give us a crash course in psychology then Mels? ;)

Lol!
She's too busy using it on me to get what she wants, Chocco!

Ever felt manipulated and used? :-))

Looks to me like it will be a bit whippy till they know which way the Senate's going.

Looks like Cable might be a winner....even if the Republicans arn't.

Still here, took a few off that little rise :-)

Missed most of yesterday's action after early morning as I was "chilling" with a paintbrush in my hand.

1.93 by tomorrow night? $2 by Xmas?

:o)

Yes please, as I'm long again :-)

Thank for sharing those graphs and comments, Melnibone. Among other things it makes me realise I am not so stupid because I cant fathom out which way the indices are going to move!

I wish my father had taken that sort of interest in me...

Brilliant sun here in Tenerife! Wish you were all here!

Hil: Wot you trying to do to this net USD earner? Cut out this $2 by Xmas stuff.

Psst: want some cheap ski boots?

:)

Maggot,

While you're in Tenerife, why not try getting the cable car to the top of Mt Teide and then walking the last few hundred yards to the crater? Imo, it's nigh on impossible without oxygen.

Cable seems to experience a similar problem every time it ticks up over 1.91 towards 1.9150. Hopefully the ambulance will arrive tomorrow at noon with an oxygen cylinder and mask.

:o)

I told you before, MM. You should only accept payment in good old LSD.

:o)

And I need you to keep those boots warm for me in Meribel at Crimbo.

:o)

D, ask for payment in Guineas, shows them what a professional outfit you are ;-)