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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!

Harlosh - 24 Jan 2007 14:27 - 7215 of 11056

Certainly broke 9720


hilary - 24 Jan 2007 16:10 - 7216 of 11056

It's nice to see some decent legs these last couple of days. All of the whipsaws were frustrating the hell out of me.

hilary - 24 Jan 2007 16:17 - 7217 of 11056

Ooops. Talking of legs, I happened by these the other day. Especially for MM.

:o)

jeffmack - 24 Jan 2007 16:29 - 7218 of 11056

Damn, I couldnt scroll up

Do you always go to bed in your wellies

hilary - 24 Jan 2007 16:33 - 7219 of 11056

No! I normally just wear a splash of Coco, Jeffie.

MightyMicro - 24 Jan 2007 17:29 - 7220 of 11056

Hil: Thank you so much :))

Harlosh - 25 Jan 2007 09:38 - 7221 of 11056

Morning all - added to my short following the retrace to 9730 area.

Initial target 9625.

Seymour Clearly - 25 Jan 2007 13:01 - 7222 of 11056

Got stopped out - think my stop was too tight, going short again soon.

jeffmack - 25 Jan 2007 13:25 - 7223 of 11056

I'm not convinced it is heading down

foale - 25 Jan 2007 17:39 - 7224 of 11056

tending to agree with you atm...jm

unless 1.9650 goes convincingly.. 1.9750-60 the price to get over before I start
to get excited though.

cynic - 25 Jan 2007 17:49 - 7225 of 11056

general view is that $ is ultimately heading for 2.07 .... as always, difficulty is timing one's entry ..... for time being shall watch and wait having missed last $ short-lived surge to 1.95

Harlosh - 25 Jan 2007 22:38 - 7226 of 11056

Well. Cable hit 9623 earlier - 2 pips off my initial target of 9625. :-)))))

I think there's more downside yet though.

9650 provided little if any support strangely.

chocolat - 25 Jan 2007 22:43 - 7227 of 11056

Me too, Harlosh - still hanging in, pink woolly socks and all ;)

chocolat - 26 Jan 2007 12:10 - 7228 of 11056

Been mucking around with a few lines.
The 4 hourly looks ominous, but I'm starting to feel a little wary, it is Friday after all. Have a possible target of 1.9550/30 area.

Harlosh - 26 Jan 2007 12:30 - 7229 of 11056

My next target is 9580 Choc . After that I would be wary of much more downside.

If it forms a base around that level I might look long. The 4 hour chart looks ominous as you say but the indicators are beginning to look oversold IMO.

Harlosh - 26 Jan 2007 16:15 - 7230 of 11056

I'm thinking 9560 area is the low so I'm now long from 9580.

mg - 26 Jan 2007 16:32 - 7231 of 11056

Well done you guys - you've been playing like a fiddle.

I left a trigger long at 19570 to see if I could catch the falling knife - and then went off to do some chores. Nice to see it open but wary of that 4 hour chart so may not keep it for that long - waiting to see if that pesky 60minute MACD crosses before I stop sweating. Not played this well since I came back off my hols - lost quite a few trying to go long on a couple of occasions - only to get my fingers well and truly burnt.

Seymour Clearly - 26 Jan 2007 17:36 - 7232 of 11056

Same here mg, have been nibbling away at my gains on the way down, still in profit but....

Now long from 9612, stop below today's low.

cynic - 27 Jan 2007 09:16 - 7233 of 11056

my own totally amateurish view is that $ is unlikely to strengthen beyond 19500, with a possible or even probable medium/long term weakness as high as 20700.

for the moment i shall hold off, but will certainly short once 19500 is approached.

Melnibone - 27 Jan 2007 18:38 - 7234 of 11056

Evening.
Blimey, what an 'orrible couple of weeks and it's still not over.
Just got over one problem last week and then ended up flat
on me back all this week with the worst lurgy I've ever had.

Must be this Man Flu I keep reading about on these boards.
You women are dead lucky that you never get this. ;-)

I kid you not. I've got an immune system, or so they tell me,
that keeps firing up into overdrive. When it's got nowt to do
it usually does it's best to kill me off. Bugs? They don't usually
have a ghost of a chance. The first whiff of trouble and it goes
into annihilation mode. I haven't had a cold/ flu/ virus, whatever,
thats managed to last more than 12 hours in the last 7 years.
So gawd knows what this is.

So currently writing this on a laptop in bed, now that my head's
at last starting to feel screwed on and connected again.
At least I seemed to avoid last weeks whipsawing. I couldn't
have cared less what was happening by about Wednesday, so
I just let my positions run and they all ended up basically where
they started the week. (Makes you wonder whether all this tinkering
is worth the effort).

Miss Mel is currently chewing her fingernails down until she meets the
CEO, which is now pencilled in for this coming Wednesday.
So I've managed to scrape the following together for her, to keep her
up to date on the situation. The rest of it is down to her now.

I've not bothered with Oil. Everyone knows it's trading between $50 and
$55 and will break one way or the other when sentiment gathers a head
of steam according to the newsflow.

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