Forex rebates on every trade - win or lose!

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)

well i'm out now, +51 and +31,
feel embarrased to post it with all
you super-traders on here !!!!!!!!!

Wish I could say I was a super trader. Fact is I took a plunge this morning and it paid off.

I went short again at 7am this morning and it had been my intention to run it a bit longer. I've just covered it for 60 as I'm a bit uneasy about the feel of the market atm. In particular, the /$ is struggling to push lower and seems to be finding support only a fraction below the 3/4 day falling resistance line.

I'll stay out for a bit and will buy the Cable on an upwards break of 18100. However, if the moves above 12140, I might be tempted to re-enter the market.

We're getting close to the point where you should be going long! Imo of course.

Stops on a move below 17988

On cable hils

Yes Dealer Dave

Happy Dave?

:o)

Beebs,

Where are you this morning? I've booked the hotel.

:o)

missed it but thanks how high do you think it will go

grrrrrrr went long 1.8026, closed at 1.8040 - went out & now look!

Ah well.

just got back in - been out for a haircut !
well done - yet again.
i got greedy and wanted 179.99 again


are we having the four-poster ?

Dave,

I'm not sure and I'm reluctant to offer advice because I'm aware that emotion plays a large part in trading and my objectives will doubtless be different to others. Normally, when the price breaks a falling resistance line you're talking of an up-leg lasting over several days (just the same as the down-leg has lasted 3/4 days).

If you live on your nerves, it might be sensible to set your stop just under a consolidation low. If you're a little more relaxed then maybe set your stop at entry for break even. If you've got balls of steel then set your stop at today's low for a potential loss.

Beebs,

I don't know what type of bed it is. I wasn't planning to do a lot of sleeping.

:o)

Btw. 18155 was perceived as a resistance level today.

Thinking about it, I'm going to run a tight stop because i) it's Friday, ii) it's been a good week and iii) I'll be happy to bank and go into the weekend flat.

thanks hilary, target of 18240,entered 160 then 180 but banked spme profit at 205,seams to be log jammed @190/215 wats your view oh wise one