Forex rebates on every trade - win or lose!

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. :-(

With the way the market seems to be interpreting the data, if the
Philly Fed data comes in strong at 1700hrs we could see a bid to
the Dollar. I guess the market must be concentrating on the Hawkish
Fed minutes last night. But if that's the case, why aren't the Bond
prices dropping (yield up)?

I said I'd paste a chart. Taken a few minutes before the Philly Fed.

Hmmm, bit of a hard one to call atm. I went long at 1.8885, but not sure where we're going, I'm obviously hoping for a quick retrace up. Stop is just below the recent lows.

Evening, Miss Mel is away for a few days
so I won't bother with the UKX/ S&P tonight.
But nothing lost there. Everyone can see that the S&P is scrapping with
1400 and the UKX is up to the top of the range again. I don't think anyone
on this Forex thread is much interested in them anyway.

falling oil has taken gold with it - the link comes and goes , very confusing

1.8840 area still looking more of a short term support as we bounce off it again...

Long Euro here on similar ideas and previous support

Cable...all I can say is

LONG may it continue...

The dollar fell against the euro and yen in mid-morning trade Friday on market talk that a major hedge fund is in trouble."Rumors of a major U.S. hedge fund collapse appear to be behind the dollar's latest dip," said Brian Dolan, director of research at Forex.com, a division of Gain Capital. The euro was last up 0.2% at $1.2822, while the dollar fell 0.5% at 117.69 yen.

A bit of a smile here at the end of a hard week. Came within 6 points of my stop earlier today so please it went up in the end. Stop moved into profit zone.

Similar, even worse when early profit goes negative but happy with 70 Euro ticks from 7.30 this morning

I've edited the calendar myself this week. You just can't trust the staff nowadays.

:o)

Ahem: the "staff" have made a backup of the HTML this time . . .

The staff will also sort out the FX Boss's ski boots as per her email . . . :)

What a nice man.

:o)

PS. An example of Atlantis Flight. Don't you agree that they're smart?

And more can only be obtained by Virgin Atlantic flight? ;-)

The yen has struck a record low against the euro on widening
yield differentials between Japan and Europe.
While the Bank of Japan's governor Toshihiko Fukui appeared to diminish the
inflation threat facing his country, the European Central Bank's president
Jean-Claude Trichet warned that there is "no room for complacency" about
inflation, despite recent falls in the price of crude oil.
And he said the global economy appears set to maintain the "very, very
dynamic growth" of recent years, although the rate of expansion in 2007 would be
slightly slower than this year.

Evening. Miss M's not got an internet connection, atm, so just chatting
on the phone.
Not much time to put a lot of stuff together, atm. So here's a quick heads up
on Gold, which can give you a lead on where the $ may head.

Gold needs to break the down channel and then turn $640 into support,
imho, to get a new leg up.
I've put the downside stuff, that I'm watching, on the chart, for if it retraces.

Question:

Anyone who is bias neutral or short ..at what level for Cable would you start to feel bullish...?

Hi Foale, was long the last couple of days and did well, 100+ pts, but I feel there is uncertainty now - obviously everyone's the same, so am sitting on the sidelines until we get some direction. Has the US gone to sleep this week for Thanksgiving?

I just think we need a break above 1.9000 or drop below 1.8830 to go long or short.