Forex rebates on every trade - win or lose!

when are minutes of recent MPC out?

2 weeks after the decision itself, so that should be next week.

ok thanks

Evening, here's tonight's stuff for Miss M. with an extra /$ thrown in.
I bet the Bears on the US Indices are hurting at the moment.
Funny old markets, these, aren't they.

Mel, a great evening read as ever. Inspired me to go and find out more about the bond market (and yield curves - whatever they are).

Anyone any suggestions on a site that covers the basics?

Mel, really enjoying your charts and commentary, it makes me realise I shouldn't only fix on Cable but look at other Fx combinations as well. Thanks.

so when is this cable fall going to stop...anyone care to post a few support lines..
I am struggling to find any...

Glad you're enjoying this. I look forward to other views and
chart inputs.

Here is a link for some basic stuff on Bonds and Yields. There are
links on the page that take you to other simple explanations.
I like stuff to be Simple. :-))

Link to Bond Yields and Curves

Thanks for that Mel:-) that is simple. Also found an excellent tutourial on Bonds.

http://www.investopedia.com/university/bonds/

Tonight's stuff to Miss M.
Would be nice to see some other folk's views and charts?

I haven't worked out how to paste pix & cahrts - but I wouldn't be able to add anything useful - I am a beginner and more of a follower than a leader!

I haven't worked out how to paste pix & charts - but I wouldn't be able to add anything useful - I am a beginner and more of a follower than a leader!

I wasn't knocking you (or anyone else), Sue :-)

It's just that there were always folk pasting charts and views here.
Reading around the boards, there seem to be a lot of folk having personal
and family health problems. So, understandably, their priorities don't include
Forex trading, atm.

Lot of market moving data today that the market is waiting for.
We have CPI (1330hrs) and SEP(1400hrs), followed by no less than 5 Fed
speakers putting out Bernanke's Spin. So stuff could get quite volatile.

The SEP figure should give the market a clue as to the appetite for US dollar
denominated assets. Looking at the previous and the expected figures in
the header, there seems to be quite a big difference.
No idea how much of that is factored in, or if the market is waiting for confirmation
before factoring it in. Could get interesting.

Been away from forex for the last few weeks but will post up some charts as soon as I get back into it Mel.

However, I came across this over the weekend.

It's a little dated and no doubt it's been all priced in but at least it gives the newbies the bigger fundamental picture.

Hils Choccy where are your blow by blow post figs breakdowns...
we need a 2 by Xmas post...ok 1.93 by Xmas will do :)

or at least 1.8840 looks like it might have been a temporary low...


Has anyone been making hay out of this..fall ?

OK Foale, corny jokes aside ;-)

I'm ready and waiting to go long now, have a limit buy in below 1.8900 but happy to wait a bit - I haven't made the hay like I should have this fall. No position at present.

I'll try to post a chart later if/when I get a bit more time. I'm quite busy atm though, so when I look in it's generally during an "in between moment" and I don't really have the time to get into protracted posts.

I'm expecting to see circa 1.85 or 1.86 from this move over the next week or two, although I acknowledge that it could easily rally back up to around 1.90 shorter term.

thanks for the quick replies... not an east one ot call atm

Bit confusing atm. The data to me suggested weaker $ crosses.
Gold has made a Bullish technical set-up. Standard swing 3 down days
in an uptrend ending with a 'Hanging Man' candle, followed by a break
of the previous day's high.
Yet at 2pm on the release of the SEP Gold dropped????????
And $ crosses don't really look that weak.

Seems to back up Hils' view of Sterling dropping if this continues to go opposite
to what the Data and chart set-up suggests.

Lot to learn here. :-(