Forex rebates on every trade - win or lose!

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.

Thanks for answers re fxcm guys and hils , may see a bit more of me on here in the new year.

Bet you can't wait hils :-)

Evening. Tonights stuff to Miss M.

Oooooh. I've had an email from Ian because we've won an award for Thread of the Year or something.

I'm flattered, but can't claim all the credit as it's the likes of The Fairy who posts the calendar most weeks and Chocopops and Mel and everybody else who posts who really make the thread what it is. I just pop in to make sure that you're not all fighting and to change the decor at the top of the page every now and then.

Let's hope that with the arrival of Dilbert in 2008 that the thread gets stronger.

Incidentally, where's Harlosh lately? He doesn't seem to be around. I enjoy all of his Point and Figure stuff.

Cable looks like it might be starting to turn up and turn into a long. It looks due a retrace on the 1-minute first though. Just watching to see where it gets to first.

edit 15:27 - No reason to long it just yet imo. The 10 min had started to look like it was trying to stick its head up, but it's heading lower again.

Hils...Harlosh has taken a mini break from forex as recovering from a bout of illness. I spoke to him recently and he hasn't forgotten about this thread and says he'll be back with his bag of P&F tricks soon.

Perhaps you'd give him my best regards, Bak, and I hope that he's better soon.

Will do Hils.

Been guilty of not trading and posting as much myself. Tied up with new paternal responsibilities.

Starting to get forex withdrawal symptoms so will post more as soon as I get back into it.

Must thank the rest on here especially Mel for keeping this thread active.

Bakko, please send Harlosh my regards and best wishes for a speedy recovery as well.

Haven't traded so much myself, trying to take little nibbles as and when I can. Getting much more "chilled" by using 5 minute charts instead of the frantic 1 minute chart thing I used to look at. Only so much room on my laptop :-)

Evening.

Nice to see this thread got some recognition. Loads of good stuff and up
to date links in the comprehensive header. Shows what can be done when
folk work together and pool their resources.

Hope Harlosh recovers soon. Always enjoyed our online discussions and
Harlosh's take on the P&F charts, right from the first days in the 'Investors'
Room'.

1 minute charts, Seymour? I get dizzy looking at anything under an hourly
these days. :-))

Here's Miss M's cramming material for tonight.

Getting bloody annoying having to temporarily allow 'Scripted Windows'
every time I want to post a chart here.

It all started when I upgraded to IE7.
Is there anything I can turn on/off to allow it for this site?
Or will that leave me open to attack when I visit a less trustworthy
site?

Edit: I put 'Widows' instead of 'Windows'.
Hope that's not prophetic. :-(

Mel:

To be honest, I never use IE anymore, especially the accursed IE7. I use either Firefox or Opera. Both now work with most sites. IE is a browser of last resort for me.

Cheers MM.

Looks like I'll have to live with it. No point in taking the risk of
leaving myself open to attack. Bi$$y Gates must have put it in
IE7 for some reason.

I'll have a look round the Firefox one you recommend sometime.
Try it out on my old laptop first to see if it conflicts with any of my stuff.

I've noticed that since I've got WinXP I can no longer access CMC's
MarketLite web based version.
I just get little red boxes where the Log in and stuff should be and
messages about Jave error exceptions or something or other.

The trouble with the MarketMaker platform itself is that it grabs loads of computer
resources, and I like to have other Windows open, especially my
CapSpreads account.

Never mind. Worse things happen at sea, (or so I'm told) :-)

Looks like Bernanke's winning the fight with the Bond boys.
Should support Dollar crosses as well.

Link to today's action

NEW YORK (MarketWatch) - Treasury prices closed lower Thursday afternoon,
pushing the benchmark yield to its highest level in three weeks, after the Labor
Department reported an unexpected rise in import prices for last month alongside
a drop in jobless claims in the latest week.

and from yesterday

Link to weak auction

Treasurys dented by strong retail sales report
A tepid response to an auction of 10-year notes compounds selling pressure

Limp demand for a sale of $8 billion in new 10-year notes added to the pressure on
prices.

All the action, UK based anyway on the pound and the Euro lately, has been centred on the dollar.
Yen hasn't been tracking that though and GBP/Yen highest it's been for some time. USD/Yen also at times heading in opposite direction to pound/dollar.
Likelihood of no rate rise there next week now presumed and Tankan survey tonight may start counter moves. If it moves thin Christmas markets (similar to Thanksgiving) might see it move more than it otherwise might.
Anyone got COT type? figures on this.
Have gone small short GBP/Yen

Hey Bak congratulations of the good news just looking thro the forex thread trying to get back to it

1.9600 a possible floor to go long on this am..
its is on a rising support line
Its obvoiusly going to $2 its just the case of when...
1.9700 the big hurdle

It seems to be constrained by the Asian boundaries atm - 1.9593 to 1.9622. 10-minute says up, but that could easily change with the downleg on the 1-minute.

What's happened to the Global Calendar on Squawk Box? Says it's moved to 2417, but how do I get that? I've been around so little lately that I haven't even printed a calendar for this week and it's Friday already.

1 min Hils.
I a looking at the traders chart...
which is now giving me a narrow range of play
from 1.9620 to just under 1.9700

the rounded bottom and long tails of the last 4-5 bars gives me cause to be slighly optimistic

Hopes dashed again