Forex rebates on every trade - win or lose!

Puddled more like, it's the company I keep ;)

Take it you sold the $ there, not the Yen :P

How should I know?
Flat now +50 odd on the day :P

Well done Pete.

+55 as it turned out. Should be happy, but after all the messing around, quite disappointed really. Back to drawing lines and reading those rules :S

Nice one pth ;)
Reading now, is it :-#

Reading, that's in Berkshire isn't it? :P

Managed to nick another +15 last night, so quite a profitable two days. All I have to do now is make sure I don't give it all up. My lines tell me support is at 11525, so short again for the moment.

oops

Typing error, put my stop in the wrong place somehow and out for -18, stoopid mistake :( Off to golf in a sulk.

Cable forming a base for a push higher soon?

or a push lower to 9180 area.

1.9280 or thereabouts looks to mark falling resistance on the 1-hour.

[15:39 FOREX: FXCM SSI: Signal Calls for EUR Strength - - - -See 2381 ]San
Francisco, March 15.
* EUR/USD Contrarian Nature of the SSI Calls for Euro Strength
* GBP/USD Open Positions Rise 41 Percent
* USD/JPY Speculative Positioning Flips to Net Long
* USD/CHF Short Positioning Grows More Extreme
* USD/CAD Traders Cut Total Exposure By 5 Percent
EUR/USD - Speculative positioning in the EUR/USD has remained net short for most
of the last five months but recently the ratio has been growing less net short.
The ratio of longs to shorts is -1.70 as 62.9% of the currently open orders are
short. Long orders are 7.1% higher than yesterday and 0.9% stronger since last
week. Short orders are 6.4% higher than yesterday and 24.1% stronger since last
week. Open interest is 6.6% stronger than yesterday and 29.2% above its monthly
average. Looking ahead, the contrarian nature of the SSI continues to call for
EUR/USD strength.

Overnight changes seem to be against the dollar rather than the yen for a change?

New Economic Data Release Calendar available, prepared from fresh, raw spreadsheets hand selected by Hilary in the New York markets, nurtured on the open range expanses of the IST server farm, and brought to a screen near you by the magic of digital technology. Enjoy.

fx smooth female voice

This is not just Economic Data, this is Micro and Hilary's Economic Data

CABLE (aka :$) ...... i continue to maintain the stance that $ will weaken over the coming months .... close of biz in NY sees roe at about 1.9435 though in the last week $ has been as strong as about 1.9230 ..... US rates are likely to remain either static or lower whereas UK is almost certain to raise their rate at least once ..... US housing starts and construction industry figures are bleak at best and sooner or later, it is almost inconceivable that Dow will not weaken (looking for 12000 in the immediate future, and 11730 likely) ...... Iraq continues to cast its shadow, and Iran could easily become another war zone, either officially or by manipulation.

GOLD is therefore looking to be a good haven, as is its tradition - currently 653 after reecent highs/lows of 682 and 635

Anyway, that is the way my own money is placed!

[15:43 GBP/USD: Bearish Trend Intensity Signal Fails - - - - See 2354 ] San
Francisco, March 19. The GBP/USD bearish trend intensity signal failed on
Friday after recent stalls. The signal fell 1 notch to 14 and is only a single
notch away from trend ready levels. The EUR/USD bullish signal advanced one
notch to 17. The USD/JPY trend signal is neutral at 20. The USD/CHF trend signal
rose one notch to 18.
The EUR/JPY trend signal is neutral at 16 and should reach trend-ready levels
this week. The EUR/GBP trend signal remains bullish and finally advanced one
notch to 33 but is nearing mature levels of 35 and higher where trend signals
often fail.
These proprietary indicators are updated each trading day after the NY close.

Just think about M & A flows on cable tomorrow.

I was trying to get my head around that when I read about the Barclays thingie this morning, but my eyes glazed over. Bearing in mind that this is the biggie that's spurred the markets this afternoon, here's a link to an article by the lovely Kathy Lien.

The bit that interested me in the Retrograph is: "Negotiations are at a preliminary stage and are believed to have been initiated by ABN chief executive Rijkman Groenink after considerable shareholder pressure, prompted by the bank's underperformance."

So which party is the target?

Choccie,

With the way that it was being puffed up yesterday, you'd have thought that it was just a case of crossing the T's and dotting the I's. The announcement this morning will do naff all to dent sterling.