Forex rebates on every trade - win or lose!

Who do you all use to trade with ?

I have only ever used Finspreads but now wish look at other options so any ideas welcome.

Does anyone use FXCM ?

Cheers

Dil FXCM very good imo...its used by a few of us on here I thnk..


Realistically it was a bit much to ask for cable to continue that climb to $2 without some pullback.. The fall back to 1.9650 area might provide a more sustainable base from which to rally to that objective now.

although we will need a clear breach of 1.9775 to firmly make $2 a possibility

dil, i've used finspreads and captial spreads. only used fxcm in demo mode but it seemed simple enough. you even get phone calls off joe krakowski from new jersey trying to get you to sign up but i think he struggled with my bolton accent a little and eventually gave up.

Dilbert,

I use FXCM and have no complaints.

I'm still on 1 a point with CMC until I'm more confident with Fx trading - and have been requoted quite a lot over the last few days. On balance it's worked to my advantage but requotes @ 1 a point? Give me strength!

Dil...I'm using both Fins and FXCM atm.

Fins imo is a bag of sh**. Always has been and always will be with the usual tricks up their sleeves. I just use them for other things now.

No probs with FXCM or at least not yet as only been with them for a month.

I've got a rising support line on my 1-hour chart from the lows of 17 Nov. It's currently at 1.8645 so that bounce a short while ago was bang on cue.

Will that support hold?

Forgot to post this from this morning. It's by the well-regarded analyst at Mizuho Corporate Bank, Nicole Elliott.

Re: Cable.

"Consolidating neatly in a small 'flag' despite trading at historically very high and scary levels. The overbought situation has eased quite a lot and bullish momentum is strong. For today we favour yet more consolidation below $1.9900, with the chance of a break above here increasing if we hold above $1.9600."

Evening. Haven't sent anything to Miss M the last few days due to everything
just messing about, waiting on the US jobs data. We just chatted on the phone
instead.

Banged some stuff together tonight, so that she can see the state of play and
what to watch for when/ if the markets make up their minds and move after the
data release.

Turns out that the 2 bods at the 2 investment banks that make the final
hiring/ firing decision are both away until nearly Christmas, so she might have to
wait until the New Year for a yea or nay.
Never mind, it'll give me a chance to teach her all about the P&F pure price style
of charting when she comes up for Christmas. :-))
If that doesn't make her eyes glaze over, I don't know what will. :-)
It'll be get me own back time for all that psycho babble I had to sit through
when she was getting her degree.
What goes around, comes around! :-)))))))))

Anyway, here's the stuff.

First time I've posted a chart since installing IE7 this week.
A window popped up saying saying I had to allow scripted
windows or something or other?

Wassat all about then?

Is thats a reversal I smell?

Evening. Very quiet on here. I suppose they're all at the Xmas
bash, doing stuff they wish they hadn't when they wake up
tomorrow. :-)
(I remember that feeling very well. ;-)

Here's the end of week stuff to Miss M. Hope you're still finding
this useful. Folk on here did seem to.
What happened to all the charts and views Forex traders used
to post on here?
Do you find that the Dollar Index/ Gold/ Bond charts are helping
with your Dollar cross trade positions?
I don't want to waste your/my time in posting stuff that nobody
wants.

Link to latest Yen news

Whoops. Looks like events have overtaken me after posting the Bullish Yen
stuff.

I'm starting to feel a bit like Oil traders must feel like....................a member
of the Fukarwi Tribe. ;-))

the Yen posted pronounced drops on news that the Bank of Japan would not
raise interest rates at its upcoming meeting. Japans JiJi newswire claimed an
anonymous source saying

Melnibone brilliant post, when you start doing courses can I be your first student, after your daughter of coarse, went to the IX Forex Trader Event at Olympia on Friday the seminars were very good especially Tom Hougaard.

Mel, I will certainly be glad as long as you keep posting.

Divetime, I too planning (eventually) on attending Tom Hougaard Fibonacci seminar. Square roots very relevant. Interesting that his entries differ from that taught at www.spreadbettingtowin.com combination of both may give even more better entries?

Evening. Hard to get a word in edgeways here. :-)

Tonight's stuff to Miss M. Not a lot changed, markets are all waiting
to see what the Fed says.

Hils
I see this thread won Thread of the Year. Looks like you will have one more trophy than Chelski this year.

To help the Hilary "$2 by Xmas" attempt . . .

Claude Mattern, BNP Paribas, quoth this morning: "Sterling/dollar rebounding from a former ascending line (at $1.9460), is seen as consolidating the rally of the past few weeks. A rise towards $2.01 is expected later on." (Whatever that means.)

encouraging rally back up after figures initally knocked cable again..

someome wake me when we cross 1.9740

Fed: No change, no surprise. But they've noticed the "substantial" cooling of the housing market. So no change in rates for the next few months with possibly a slightly deflationary pressure.