Forex rebates on every trade - win or lose!

So true, getting the entry right whilst at work is so hard though!!

I do the research then stick on my limit entry and widish stop then turn it off and come back later

Sorry no updates for a couple of days. Other stuff for me and
Miss M to sort out this week.
Bonds, Dollar, Gold and Stockmarkets all seem to be reaching
decision points at the moment, as hopefully the charts and
comments will show.
Dunno which way stuff will break, so don't take the Bearish comments
as a given. Just highlighting the possible inferences that I'm seeing.

Anyway, here's the end of week stuff to Miss M.

Calendar updated by a nervous FX Fairy ;-)

Why so fractious, furry?

Gut says cable's going to trade sideways/maybe give it up a bit for a while.
Managed to grab a few moments last week and added to my long a few times, but I gave it a good shave Friday afternoon. A thousand point rise is pretty remarkable in such a short space of time.
Still long from just under 500 points below as I write, with a couple of buy orders in if it falls now - and a serious sell around $2 if it gets there sooner :)

If it works, it works, and if it don't - it don't :o)
Either way, I won't be trading it for a few days, so good luck all, whatever you do :)

Choco..I would go alone with that...
Pretty much my strategy too...

Cable 1.9760-75 just below us
might offer an area we can rally from.

Evening. Miss M now has 2 investment banks considering taking her on.
Don't know if anything will come of it yet, but at least they're taking
an interest in her, with follow up meetings and requests for more information,
instead of the 'don't call us we'll call you' routine. So we're staying positive,
and I'm still having to send her all this stuff.

I don't know who's on the fastest learning curve, me or her. :-)

Sure the dollar drops more eventually?
Euro, Thursday ECB rate rise priced in!
Willing to be small short Euro on patternmeister basis (Fib 4.236 extension ) closing just under this and close below open on daily basis (I know you can argue close on 24 hour market but close of spot as good as anywhere else). Stop above recent high.

Sure the dollar drops more eventually?

Hi, Hodgins.
Not sure if that was a general comment or a question for me?

Quote from my last post:
don't take it as a given that the Dollar slide will continue

And in the post from the weekend I showed a 20yr chart showing the
Dollar Index near it's multi year lows.

So I'm not sure the dollar drops more. In fact, after a rapid move like
this, I'd be inclined to look for a correction up first before it weakened
some more, if it was going to.

Hi M, great stuff from you. Wasn't specifically directed at you, just my musings on where I am placed short(ish) term at the moment

Bit quiet on here today.

C'mon folks, it's the FX Fairy's birthday today, let's party!

I asked the question on here does Forex work well with TA, Hilary
replied something on the lines of that it worked in Spades.

Looking at todays move in Gold and /$, would it be fair to say that
the market took the opportunity to take out the Bear Stops before
dropping?

Hope the spike didn't take out your Stop, Hodgins, before it fell. You made
a good call.

Happy Birthday FX Fairy!!

Are you 21??

I see that $2 needs to go back and have a run up first... fair enough I can wait...

dont keep us waiting too long though...


Happy birthday...

bakko, foale, thank you for your kind greetings.

This old f*rt of an FX fairy is precisely three times 21 today.

MM, just in after a hectic day of domestic activities - Happy Birthday!

Happy birthday MM , same age as Bullie then !

Does anyone here use FXCM to trade ?

Hey whatever happened to that irritating animated fairy which kept jumping all around the screen, was it last year?

Not that I want to see it again! Just curious, that's all?

Sorry I missed it Dezza.
If I'd got my act together, I could've helped you with the candles ;)

Happy Birthday with a Bang