Forex rebates on every trade - win or lose!

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 ;)

Oh Boyse, you shouldn't have.

As for Cable - I just wish I could have played yesterday - so long as I could have read it correctly - loadsa points both way - 100 down, 100 up - anyone get 'em?

Have just been messing around with cable as it's one of the only things working on CMC this morning. Closed a small short on the dip down below 9500 at 10.30 and am now short again at 9550