Forex rebates on every trade - win or lose!

I have to say agree with Choccy...short to 1.9520-50 area...then re think...
the recent highs (1.9740-50) just getting smacked...

Its certainly not clear cut though

still lookng for that down...move

I'm looking at the 9520 area - anyone else?

see you down there...I hope

Got an order in to open long @ 9530 - that 8 hour support - if it goes then ooopsi

Ah - I also had a possible turn @ 9560ish - at the bottom of an 8 hour channel I'd drawn - but didn't trust it - could have made a few there.

Still watching - but beginning to become a bit indecisive - sort of, well I think I am, but then again I might not be............

Well, probably a bit too decisive, have entered a small long at 19560 - I've left the other one to trigger if it gets down to 30ish

Nice trading mg - took my profit on the short but as I have been out missed the long, though have we seen the bottom? I'm not sure.

Evening.
Still suffering a bit here from the dreaded lurgy. Can't actually remember
eating any Bernard Matthews turkey, so it can't be that ;-)

No news on the Miss Mel job front as yet. Certainly drag this stuff out,
don't they?

Just been doing a bit of low key scalping whilst waiting direction for a position
trade. Much the same as everyone else, I suspect. Still hoping for a position
trade short in the Bund, but it keeps taking out resistances just when I think
it's peaked. You guys seem to be having the same problem with your
Dollar crosses if I'm reading you correctly.

I've put the following together, showing what I'm looking at, to try and keep my
end up and not just lurk.

Can't remember who suggested it to me, MM? DocProc?
But I've installed FireFox and used it to post the above.
Worked great and I didn't keep getting those annoying
messages to allow temp script boxes as per IE7.

Thanks for the suggestion, who ever it was. :-))

us$
Agree that it is certainly right to short at +/-1.95 though you may need to hold medium/long term

gold
Very choppy market at the monent with no obvious direction .... shall probably stay out unless price comes back to say 642

Showing here what I've been looking at on the Bund.
As posted last week, I missed my entry for a position trade
expecting a bigger bounce to take out stops. (Glad I did
miss it now).

Interested on any views that are looking at this differently
according to the different style and criteria you use.
(We all trade a little differently.)

Still in from 19560 and 19540 from yesterday. Stops moved up to 90 whilst it's moving in the right direction. MACD 60 looking OK for the moment so hoping for the long to be the right trade. However, I reckon 645/50 could be resistance. If that goes then we could be looking at 690ish. Alternatively, back to 550 for support :(

Joined you this morning meggers.
Cable fell a few points shy of my stop yesterday so I closed later (1.9557) as it recovered and wrestled with one of my down slopey lines. Through another one this morning, which is where I'm in (1.9623) and now it's broken through a rising resistance line I have (1.9660s) after a bit of mid-morning mucking about. I'm guessing at further resistance just above 1.97 - and if we get through that then I'm up for somewhere close to 1.98 :)

Nice one chocciepoos. I closed my 540 for 150 points and the other one's floating free - raised the stop to 630. I've got the next rising resistance around 745/50 (if it can drag it's arse through 9700). It went through what I had as a critical point - crossover rising/falling resistance - which was around 9680 - but I'm not convinced it'll hold. We'll see.

Maybe I'm getting the hang of this again - doesn't help when I've still got day jobbies getting in the way - but a lot less than last year :)

Mmmm 1.9707 on the nose :))
We up for more, meggers? ;)

Oh yes - waiting for it to come back a bit. If it behaves then we could see a retrace to 675/80 according to my lineywines. BTW closed the 560 for 140 points - now got nothing on (what a thought - not one you should dwell on if I was you).

Not while I'm still eating my bacon buttie ;)

Hope I didn't make you choke on it :)

Been out so missed the chance to open at 75 - will leave it a bit to see if I get another chance - thereagain I might just go and have a bacan sarnie - you've got me salivating now - and I've had a good couple of days - mustn't get greedy.

Mel, Eurobund setting up for a sell?
Would it have been neckline projection down and support line that curtailed previous drop?
Currently sitting around next resistance on way up so ready to break out up or turn around down again. ECB on Thursday likely to influence?