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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!

jeffmack - 21 Feb 2007 15:55 - 7493 of 11056

Right im off out to remortgage the house and put it all long cable.

hilary - 21 Feb 2007 15:59 - 7494 of 11056

Talking of dodgy syrups, I might have the odd skeleton in my closet.

:o)

Harlosh - 21 Feb 2007 16:00 - 7495 of 11056

I think you could do worse Jeffmack :-)

mg - 21 Feb 2007 16:03 - 7496 of 11056

Harlosh - yes I was referring to the MACD.

Hils - fair point.

ALL - just whiling away the time trying to get a longer term fix on where we might be going - medium term. My gut feel is with Hils - and that the 50p $ has been within our grasp for a few months now - but never materialised - so it would need a concerted push. When I looked at the weekly it made me wonder.

So ...... evryone

A BIG PUFF :)

mg - 21 Feb 2007 16:04 - 7497 of 11056

Goodness me Hils - did you spill the Creme de Menthe ??

hilary - 21 Feb 2007 16:06 - 7498 of 11056

Another long signal looming on the 10-minute.

MightyMicro - 21 Feb 2007 16:54 - 7499 of 11056

Hil: Wow. So it wasn't just me that had a mis-spent youth.

mg - 21 Feb 2007 16:58 - 7500 of 11056

MM - you know what they say - if you remember it you couldn't have had one - I have a gap from 13 to 33 :)

chocolat - 21 Feb 2007 16:59 - 7501 of 11056

I just have a gap :o)

mg - 21 Feb 2007 17:00 - 7502 of 11056

'nuff said

mg - 21 Feb 2007 17:19 - 7503 of 11056

Right - off out for a mid-week Balti. Left a position to open long at 480 - if it ever gets there - have fun y'all.

Melnibone - 21 Feb 2007 19:00 - 7504 of 11056

Melnibone - 21 Feb 2007 19:10 - 7505 of 11056

Link To Fed's Minutes

WASHINGTON (MarketWatch) - Federal Reserve officials at their January meeting
shrugged off past concern and said the outlook for growth and inflation was looking
promising, according to minutes of the meeting released Wednesday. The minutes of
the Jan. 30-31 meeting said that FOMC members saw "a more favorable outlook" for
prices and growth than had been anticipated. Only one month earlier, FOMC members
had been concerned that a "subdued tone" of economic data meant risks to growth
had increased. The Fed members maintained their view that inflation was the top
concern of the central bank. Despite the recent good news on inflation, members said
it was not clear yet that a downtrend on core inflation had been "definitively
established." After all, the drop in energy and rent prices could well be temporary,
members said.

Melnibone - 21 Feb 2007 19:28 - 7506 of 11056

Odd. Gold going mental(up 200points on the day), Oil above $60, and the $'s
mooching about doing nothing in particular??

chocolat - 21 Feb 2007 20:48 - 7507 of 11056

It'll sneak up on us like Bangalore Torpedoes in a Madras, Mels.
Here's hoping that the initial jobbie stuff will provide a little spice to unbung it a bit.

Melnibone - 21 Feb 2007 21:08 - 7508 of 11056

Probably, Chocco. :-)

Been having a look at the STIRS contracts to see if there's a stealth
move going on in anything to give us a clue, but they all look as though
someone's run a steamroller over the charts.

Bernanke's Goldilocks story is starting to get a bit boring.
Why can't he tell the one about the Big Bad Wolf, blowing down the
House of Straw and gobbling up the fat little piggy?
That would make life interesting. :-)

chocolat - 21 Feb 2007 21:29 - 7509 of 11056

I was going to post an article that landed in my box this morning before the CPI numbers came out, but I couldn't get the links to work.
Just mailed it to you, Mels - maybe you can do summat with it ;)

Melnibone - 21 Feb 2007 21:36 - 7510 of 11056

Got it, thanks Chocco.
Will have a read.

Boyse - 22 Feb 2007 07:33 - 7511 of 11056

Gold surged to a nine-month high in New York after the U.S. said inflation accelerated more than forecast in January and commodity prices jumped.

The consumer-price index increased 0.2 percent last month, more than the 0.1 percent economists estimated, boosting the appeal of gold as a hedge. Crude oil jumped above $60 a barrel and corn reached a 10-year high, helping to send the Goldman Sachs Commodity Index to the highest level this year.

mg - 22 Feb 2007 07:36 - 7512 of 11056

480 didn't fire so I've removed it - am now looking for a short this morning.
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