Forex rebates on every trade - win or lose!

Nice to see IG show a high of 1.9941 too :)
My charts and platform are boringly within a few points of each other around 1.95 ;)
The girlie at CMC said they'd had a few calls since last night! You'd have thought a dealer should have been around this morning to offer an explanation. All she could say was that it looked a bit suspicious.

Afternoon.

No news on the Miss Mel job front as yet. I'm telling her that if they were
going to blow her out, then she would have had the Dear John by now, and
that they're still trying to figure out the best place for her. Hope I'm right.

On a brighter note, the professor who taught her at Uni has just contacted
her and told her that the work she did on neurology is going to be included
in a paper that he is publishing and that she will get accredited with her
name in print.
If this Investment bank blows her out, it's their loss, and I've told her so.
It's just a matter of time until she's doing what she wants to do, imho.

Put below a few charts and comments. Still feeling very rough, so not doing
very much at the moment. Just a couple of small profit trades to keep ticking
over. Enjoying watching your actions with your reasoning behind them.

Refreshing as ever, thanks Mels :)

Just had a quick look at IG - dunno what they're on, but I'm sure we'd all like some of it. They're now showing a high of 1.9828 and a low of 1.9824.
Looks like CMC have wiped the egg off their face though ;)

IG error is now corrected ..... 19481 / 19484 .... at which rates one can currently deal.

GOLD well worth watching ... now 666.20 / 666.70 .... closed out my earlier long postion, but of course now wish i hadn't

Yep, all back to normal this morning.

Got your shorts on choccie - could be heading for 19380ish support - possible pause around 19440ish .... but I reckon the bears are on it at the moment.

Managed 50 this morning so time to go back to bed - Goldilocks is calling :)

Porridge all finished and I had a long trigger spot on 440 - happy to leave it for a while - moved my stop up to entry so a nil loss position. Got another short to open at 500 to close out the long and reverse - we'll see. I don't actually think it'll get back up there in the short term - but there you go.

Keeping the shorts on meggers - it's a nice day for it ;)

Decided to fold for 25 points - happy with those in a falling market

Nice one biiig bear ;)

Could have been a little premature - but still got a short to trigger at 500 (503 actually). Be interesting to see if it bounces as far as that.

Must admit I've spotted a pattern I'm not comfortable with, taken some off on the dip earlier. Probably get stopped out on the rest, but off to work now :S

It's just flapping about in the breeze again waiting for the CPI. Assuming that is as forecast, then a bijou dip-ette is on the cards.

I'm not really sure that I do bijou. I do sell dollars though. And I have been.

PS. I wouldn't leave it to flap in the breeze for too long, MM. Not at your age anyway.

:o)

Aah, good evening, Madame Hil.

Buddy, can you spare a dime? Or a dollar or two, if they're getting cheaper.

Ha, now I know where you've been, Hils ;)

Your neighbour got a new DeLonghi?

Despite a fairly long absence from this domain, I wonder if I might be allowed an augury at this fount of all (FX) wisdom??

My problem is this....(and please forgive the name-dropping...it is germain) Some time ago, and unannounced, E-Trade introduced automated trailing-stops which allowed a one-way-only stop to be placed on their platform....a good move!
Specific to this arena, it allowed said stops to be placed against Major USD pairs...including my favourites (cable, euro/dollar) at 5 points away.
Also unannounced this was recently increased to a minimum of 25 points away....when I qureied this with suuport, the answer was "due to extraordinary volatility"

Well I am a simple soul, and just a number in the unemployed statistic....but really,,, I had a euro-dollar trade recently (with 25 point stop), it took 2 DAYS to take me out for a 10 point loss.

So my question is this....Does the E-Trade strategy represent a simple rip-off....or are they protecting themselves from remaining open-position now we have gone fixed-rate.....I mean to say.....volatile?????...2 DAYS for 15 points?????

Yours

A puzzled SC

Another day, another dollar - pulled my short to open - just missed it automatically opening overnight. Out today so no positions - but, if I were I would be looking to go long based on the 2 hour and 1 hour MACDs turning up. The 4 hour is thinking about it

Just popped in to see the effect of the CPI news - just shows - don't go by charts alone. Hindsight says that I should have left that 503 sell trigger in place - but good job I didn't trade long. You live and learn - every day :)

I'll get a chance to see where it is tomorrow.

Hope you still had some of those shorts open chocciepops.

I have, meggers.
Just covered a bit, but 1.93 beckons if we don't hold here.
And that's the biggie ;)