Forex rebates on every trade - win or lose!

Errrrrrrrrrmm. I wonder who might have stood on a stage in front of a couple of hundred people and said:

"Let's take a look at a chart for Bioprogress. You should all fillyerboats. I certainly have done already."

It wasn't me on that stage. Why do the words pot, kettle and black spring to mind there, Doris?

:o)

Hils , just using some moving averages for entry and a stop loss strategy . Only time will tell if it works but posted entry / exits and stop losses for all to see as soon as I could.

Glad I didn't listen to that BPRG ramper , who was it ?

:-)

Oh and if I had an opinion on GBP/USD it would be that its going to $2.00+ but I will only trade when preset requirements kick in.

Sorry to be so vague but you'll all be paying me for this system this time next year :-)

Dilbert,

MA crossovers are good for direction, but you also, imo, need some oscillators too. Chocopop's Magic MACDTM settings are good as are stochastics. It's then a case of getting direction from a slow chart and timing your entries and exits from a fast chart.

And the BPRG ramper. Not sure of his name, but he was speaking in the Bugle Club at the time. Have you heard of it?

I try and keep it simple Hils , don't understand most oscillators.

The Bugle club may not be as imaginary as some people think but me being a member is :-)

UBS Technical Analysis Team on Cable this morning said:

"Facing increasing risks of further downside towards next support at $1.9342, 50 percent retracement of the $1.8835-1.9849 rise. At this point, a break above the Dec. 13 high of $1.9730 is needed to mark an end to the recent decline"

Are they perhaps members of the Bugle Club too? Does that mean $2 by Crimbo?

Daisy: Think it might have been that fiver you paid me to say those words:-)

Daisy, Doris, Dilbert? Looks like interbreeding to me :-)

I think Cable direction may become a bit more clearer in the next 24-48 hours ..than in the last 2 weeks....

SC; Notice all the 'pet' names start with D, must be all the same Dad or is it some secret rampers club:-)

Hubby says cable has peaked - dunno why - something about the eurozone.

What about your hubby, Sue? Has he peaked yet?

:o)

According to Choccie, I'm Dezza. The pattern continues . . .

Dare we hope...first real hurdle at ...1.9660-70..

I reckon we might push though this time...
its more about what it does after that imo

Ref your hurdle, Foale, are you looking at this or something else?
Just interested in what you look for.

Hils - hubby peaked 20 years ago!

Also notice that Euro USD is hovering just under 1.3200, so once that breaks....

Melnibone...yes thats it...reckon...1.9700- 1.9650 consolidating area now..
its done a lot to get back up here today...

Thanks Foale. It's always useful to see how other folk work out
their entry and stop points.

I see today's German data release backed up what I was thinking
about the 'Chunnel'. (well, at least the Euro. Maybe as Hilary suggests
I'm looking at the wrong cross)
See, I'm learning the secret lingo used on here.
Mrs M thinks I'm going potty. Wants to know why I keep chuntering
about Loonies, Fibers and Chunnels, and would I like to see a doctor
about it. :-))

Here's tonights stuff to Miss M.

Well I finally confined myself to a long-term trade :)

Can't remember when I last posted, but I still have the cable long I started what seems like an age ago, from 1.9312.
My mother died 2 days later.
Decided to keep it going and added sporadically until the following Friday, when I reduced it by a chunk and left the rest to run. Ha well it didn't hit $2 first, so I still have a sell order sitting there (not sure for how much longer though), but all the buy orders have kicked in now. This sideways stuff has taken forever, and I have to say, I was a teeny bit worried yesterday when I saw it had a good go 20 points or so below my last entry, and the daily MACDs were looking none too clever for my liking last night. I told myself it was just a ruse though :)



Sort of put a marker in to the left above, so you can see where I went long that Friday. Dunno how to write stuff on charts :(

This one's from a while ago, so you can see where the green lines above are coming from:



Pulled the stops right up now, and a break above 1.9730 will see me wading in again.

MPC minutes tomorrow.

Love the decor, Hils - and totally well done to you for getting a boat :)
Could you possibly add a touch of La Clusaz please?

Blimey - I nearly forgot :)
Welcome to the party, Dil!
Can you plump up the header too, Hils? Y'know ... as in fluffy.