Forex rebates on every trade - win or lose!

Afternoon - short bout of illness (again) has kept me away for a couple of days.

Now long Cable 9497

And congratulations to Miss Mel, Mel :-))

Maybe I ought to place more "boredom" trades. Looks like USD/JPY is beginning to show a bit of spunk 8-D

Ooops, where's my manners - hope you're feeling better Harlosh.

Cheers Chocco and Harlosh.
Glad you're better Harlosh.

Your trade's looking good Mg. Are you trying out Dil's coin tossing strategy
with this 'boredom' trade. ;-)
If so, I assume you'll be raising your stop to lock in a profit to keep the money
management part of Dil's strategy on track.

Thanks chaps but I have them so often you'll soon get fed up of sympathising with me :-))

Picked up my third lot on that drop - now fully loaded so it had better start trending the right way. Stops for all of 'em @ 600.

Smokin', meggers :(
Bummer.
Pretty sure, though, that quite a few of your trades have been good for 50 points apiece. That's the way this baby moves.

Highly likely the furtling will carry on perhaps at least until options expiries, beginning 15th and ending with the quarterlies, on 30th. I still reckon (hope) that it won't fall too much below 114 if it doesn't find its bearings soon.

Hmmm. Didn't like the look of it myself.

Hope it ain't too bad mg.

Doncha just f@@ing hate it when that happens. Stops triggered as per good management and then it flies away in the right direction after kicking you in the wotsits.

Net loss of 75 points :(

Sorry mg - great recovery overnight too :-(

Still long Cable here.

furtling -- another one for the FX lexicon.

Out of my long now and looking to short if the BOE keep rates on hold.

Short from 330

Great entry H - I'm still sulking - no positions - but did fancy shorting cable on BOE news - but didn't if you know what I mean :(

Thanks mg though stopped out in the end for +30.

And I know how you feel - had plenty of days sulking myself!

I'm thinking we will see Cable fall at some stage to unwind the shorter term stochs after which we should see some upside (and hopefully some movement).

Well I'm +92 so far on my first $/Yen trade - currently long :-))

Evening. Stuck some charts together, with some comments to show what
I'm looking at and thinking about at the moment.

Just had transfer a few more K to Miss Mel's account. Apparently you have
to pay 500 up front in fees for your finance exams. They know how to
bleedin' charge, don't they?
And the rest is for yet more power dressing trouser suits.
" But dad, they're de rigueur for young ladies who are something in the city!"

What do they make the bleedin' things out of these days? Spun Gold?
Think I'm getting conned a bit here, as usual :-)
Talk about wrapped around her little finger. Daughters and their dads, eh. :-)

Just a bit of musing, so make your own mind up and look for correlation
in other asset classes.

I've put on the 3 ma's you guys seem to like on your Hourly charts, even
though this is a Daily chart. Not sure if you use them outside the Hourly
charts.
If you do, they give a different view on this one as opposed to the shorter
term charts.

Swiss National bank interest rate decision, and they only do it quarterly, this week.Upward revision expected, priced in-maybe not?
As secondary beneficiary of carry trade, upward revision and implied loss of liquidity may have more impact on other crosses (yen) than generally anticipated.

First post for many months, but back into the fray once more. Left a sell order at 11820 ($/Yen) last night, jumped the 2 hourly MACD a little early, but hoping it will fall through 18200.

Baks - congratulations on your recent addition :)

pth

Forexers, The Economic Data Release Calendar is not all it should be. Our source is DailyFX and, unfortunately, they have screwed up the formatting and even the spelling of the title. I have downloaded the Excel spreadsheet, fixed the spelling(!) and constructed a couple of gifs, but they are cut off in their prime for some reason. I'll try and sort it out later.