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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

foale - 17 Jan 2007 16:29 - 7148 of 11056

staying long here...

MightyMicro - 17 Jan 2007 17:21 - 7149 of 11056

Yup, that's more convincing . . . onwards to 1.9750?

MightyMicro - 18 Jan 2007 00:05 - 7150 of 11056

Nope, now back down banging around 1.9700, although it looks like having another run at it.

foale - 18 Jan 2007 06:52 - 7151 of 11056

patience....

actually I am more concerned as to where to take profits.. in the 1.9750 area
than is it going to retrace...as I feel it may push the upper boundaries a bit today..

foale - 18 Jan 2007 07:46 - 7152 of 11056

hmmm..reduced the size at 9752 but generally still bullish...

foale - 18 Jan 2007 08:11 - 7153 of 11056

Flat now..at 66
lots of resistance here...
will be harder work pushing on from here in the very short term...

redsub - 18 Jan 2007 10:29 - 7154 of 11056

Wondering whether to go long from here at 1.9711, Will the cpi rebound us back to 9750+?

MightyMicro - 18 Jan 2007 11:42 - 7155 of 11056

The poor old thing just doesn't seem to have the va va voom (technical expression) to stay up there. The consensus of the outpourings from the FX desks seems to be to treat the pullbacks as buying opportunities ready for the surge to 1.9750. After base camp is established there, it's onwards and upwards to Hil's $2 by crimbo.

Prepare for a bumpy ride.

hilary - 18 Jan 2007 12:29 - 7156 of 11056

"The consensus of the outpourings from the FX desks seems to be to treat the pullbacks as buying opportunities".......

What do they know? I'm shorting the pants off it atm.

:o)

foale - 18 Jan 2007 12:33 - 7157 of 11056

I see my exit was an excellent short entry... 1.9600 next


every knows the proximity of $2...and the professionals are playing that for all its worth.

foale - 18 Jan 2007 12:34 - 7158 of 11056

It used to be about $2....now its about.....which Crimbo... lol

MightyMicro - 18 Jan 2007 12:39 - 7159 of 11056

I'll add shorting the pants off it to my lexicon of FX technical expressions.

But $2 still on the cards -- perhaps a bit before Merv the Swerve's next announcement??

hilary - 18 Jan 2007 12:44 - 7160 of 11056

I thought a lexicon was a posh Toyota.

:o)

foale - 18 Jan 2007 13:39 - 7161 of 11056

1.9642 small long

mg - 18 Jan 2007 13:51 - 7162 of 11056

mg reporting for duty - been fiddling about losing money this morning - on crap longs - gonna pack it in for a bit until I get my trading hat back on. I put it down to jet lag - I reckon that's the excuse that MM would give if he could remember where he was/is most days ........ and I thought I'd start my New Year off with an insult :)

Happy New Year y'all - still looking for the 50p $ in the next few weeks

foale - 18 Jan 2007 14:23 - 7163 of 11056

out at 1.9705 enough for me atm
as a counter counter trend...

redsub - 18 Jan 2007 14:23 - 7164 of 11056

Nice call Foale ;-)

Seymour Clearly - 18 Jan 2007 14:29 - 7165 of 11056

Went long at 9658, just closed at 710, thanks Foale for the heads up

foale - 18 Jan 2007 14:39 - 7166 of 11056

lol...anytime...although I warn you
I am wrong a lot...

chocolat - 18 Jan 2007 21:28 - 7167 of 11056

You and me both in the pants department Hils :)
Empire builders' shorts again this morning and I've come home to a lovely 130 point welcome.

The neighbours weren't so lucky though - the best part of a cedar has currently taken up lodgings in their house.

You're a very naughty boy SC ;)
And nice to see you back, mega matelot, even if you haven't found your landlegs yet :)
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