Forex rebates on every trade - win or lose!

Hi Hodgins, thanks for reply.
Agreed, Trichet's comments this week may very will be what the market
is waiting on.

To my mind, the Bund has changed (is changing?) from multi year trend
of rising price (Lower Yield), to a trend of falling prices (higher yield).
They've already had a good drop, so maybe we'll enter a sideways
volatile range for a while whilst sentiment firms and profits get trousered.

The 114.6 area was the support the market was looking to break, and, as you
say, it was near the H&S target area and held. So looks like maybe a spell of
news driven ranging.
Will need to watch the US 10yr Bond, I feel, to see what happens if/ when
it hits its multi-year falling yield trendline that I've sometimes been highlighting.

I quite often get ahead of myself and take a cyclical loss whilst watching
the secular trend. :-(

Got some of the short but have reversed to long @ 660 - but I think I'm whistling in the wind. Stronger chance of a turn I've actually got at around 630 - so why have I traded - good question - for which I don't have an answer ..... except that I had 666 as a possible support - and I'm a bit of a devil Z:(

Out of that trade for a few points - better go and have a lie down.

Oooooops - premature withdrawl again.....back to bed :)

A Frightening Worldwide Currency Crisis - RolloverVideo Fiction YHBW

Next stop 1.9550s or cable's goosed.
8 hourly's critical and the daily ain't looking too hot.

choccies
Agreed - and if 550 doesn't hold I've got about 470. [EDIT - looking @ the Daily it could be more like 275 ......]

A bit fed up really cos I pulled both the short and long too early - always did have a problem judging the spot :0

Close enough meggers :)
Currently got 1.9460s
And yes - the daily's been telling me that since we tested 1.95 last week.

Well at least you had a good kip :)

does it have to be this complicated?

or am i being a bit thick?

Had a long open trigger @ 570 - just to see whether the support would hold. Very tight stop on it cos it may just keep on falling.

bosley - I like his style - a successful, well planned, LOSS. A man after my own heart. Actually I found it quite interesting - think I'd better go and have another lie down.

Moved my stop up to entry - so it'll be a successful, well planned, zero gain :)

[Got another long to open @ 550 - with another tight stop.]

mg, there's lots of them !! (to be said in a dustin hoffman in rainman type way ).

i find his videos very interesting but they look so damn complicated !

don't know why but this guy makes me smile.

I was nodding off after 6 minutes, bos ;)
Meggers' horizontalness is catching :S

Probably the lack of slopey thingies, Choccie.

Well, that was a successful failure ..... I'm gonna stay in bed this time :(

Oh bugger - the 550 has triggered now - shurley one of 'em will work out ..... this one is on the 8 hour support so if this goes we're all doomed Mr. Mainwaring. Except those who are short of course - stupid boy!!

I'm thinking 9540 is the bottom.

Missed most of todays trading :-(

Haven't been able to trade this week - work has been really busy and any spare time has been spent viewing houses / organising estate agents :-()

Anyway, this is a really interesting 8 hour chart. Lovely uptrend keeps dropping to the support line.

8 hour support breached - short from 570

Whoops...down she goes...
where she'll end ... etc etc


nice chart SC