Forex rebates on every trade - win or lose!

with so many posts..hard to read them all
can anyone recc a good broker to trade Forex with..

what is the commonly used one on here?

hi david;
i'm using cmc - 4 point spread on cable, and unlike
trading stocks with them, always had instant fills,
and never had a re-quote - there's never time for those !
also find cmc good on the indices.

don't you deal with etrade - i used their forex platform
on the trial package, seem to remember it worked well.

thanks beeblebrox
see you at the Bristol meeting


etrade...charge 9.95 + pips for FX... so not going there

Interesting load of articles on FX in the Traders mag today

34 FX brokers compared

Funny, had my only ever requote on Cable on CMC this morning. It was moving rather fast at the time, though and the quote was only 1 point different.

Feeling glad that I got up early this morning and got a short on Cable at 7am at 1.8236. First decent move I've caught in a long time.

Doug

long 179.99 small & tight stop,
expecting the knicker elastic to work

added a bit more 180.20,
that usually kills the bounce !

Still short but close half my position at 1.8000. Got a stop on the rest at 1.8055.

Nice thing is that I'm long on gold which seems to have stopped moving with Cable. Looking at the Euro/USD as well it seems this is more of a weak pound than a strengthening dollar. The EUR/GBP cross has moved up almost 100 points today.

doug

The annoying thing is I am about to open a NASDAQ trading account which I need to fund in dollars so this pullback is going to hurt a bit.

yup dc, noticed the big divergence /e,
charts not exactly in harmony today,
makes it trickier than usual

nice trading btw

Still short from yesterday and staying short.

:o)

ok smarty pants
;~)

For some reason I had a mental aberration and thought that the GDP was yesterday. It is in fact today along with employment.

If GDP is revised downwards it should spike the Cable upwards. Look for some movement around 1:25 as a pointer as to whether the figures have been leaked. I'll also be tightening my stops around that time although I won't have them too tight as the broader price action is still with the bears.

tks hils
thought we may have bounced to 180 50-70 ish,
but a little lacklustre at mo,
have moved stops up to lock a little bit in
10 mins to go - fasten thse seat belts guys and gals

You're probably seeing a little bit of bear closing atm ahead of the figures which is serving to push it those few points higher.

looks like figs will be good then !

Jobless claims rise to 339,000 in latest week; final 4Q GDP unchanged at 4.1% annual growth.

Damp squib. Normal service may now be resumed. Zzzzzzzzzzzzzz.

:o)

Beebs,

Covered my shorts for now. 400 & 300 pips in 24 hours is too good not to take off the table. I'll be back to short it again once it's put a high in place.

where are we going for dinner ?

or maybe a dirty weekend ?

I only play it for 50 a pip ...... can't afford dinner yet.

:o)