Forex rebates on every trade - win or lose!

It's important to let profits run so as to pay for the losses, D.

I believe that whatever technical signal you use to enter the position should also be used as your exit. Sometimes though, emotion will grab you by the short and curlies and twist and tug until you surrender.

The answer is really quite simple - get rid of your short and curlies.

:o)

Closed out an usd/chf short way to early yesterday pm.

Afternoon surge would be nice

Anyone know where I can get a free DDE link for some currency pairs to go in to Excel

DLR / YEN back to 121 ?

Weaker $ this am really not translating into higher Cable...so far..

RICS holding cable back in early trade. They need to shrug that aside first.

Off topic, does anybody have any experience of Hanns G (or Hannstar) monitors? If so, are they reliable?

I'm contemplating picking up 4 of their 19" widescreen TFT's (AH191DP) at under 100 each which seems very good vfm given their spec.

hilary - RICS ?

Knackered housing market, G. See calendar above and read below.

LONDON (Reuters) - House price inflation slowed sharply in June to its weakest since the start of 2006 as boom conditions come to an end in the south east and higher interest rates start to bite, a survey shows.

The Royal Institution of Chartered Surveyors said its house price balance more than halved to +10.6 in the three months to June from a downwardly revised +22.5 in May.

That was the weakest reading since January last year, well below the +20.0 reading forecast by analysts in a Reuters poll and weaker than the survey's long run average for the first time since early 2006.


"House prices have finally started to cool significantly for the first time since the recent mini-boom in the housing market got underway in 2006," RICS spokesman Ian Perry said.


"Interest rate hikes have begun to affect the psychology of the market with potential new buyers starting to think twice before buying a home."

RICS said house price increases remained strong in London, Scotland and Northern Ireland but elsewhere there were growing signs the market was starting to feel the pinch from rising interest rates.

"Outside London, house price inflation has clearly moderated with, for example, boom conditions in the south east coming to an end," RICS said in a statement.

"For regions of the north of England and the Midlands, the moderate to firm price rises of six months ago have been replaced by more subdued conditions with prices now in slight decline in the Midlands, Yorkshire, Humberside and Wales."

SIGNS OF COOLING

Most other surveys have shown robust house price growth despite higher borrowing costs, but there have been signs that affordability and supply problems are squeezing out first time buyers and make moving up the housing ladder more difficult.

Housebuilders and mortgage lenders have also started to voice concern about the market impact of five hikes in interest rates in less than a year. The Bank of England is expected to raise rates again to 6 percent this year.

Barratt Developments said on Wednesday it expected higher rates to hamper activity while Bovis Homes on Monday reported a sharp slowdown in reservations.


RICS said the outlook for price growth over the next three months had weakened for eight straight months to "neutral" as confidence fell across most regions, while the balance for the sales outlook halved to its lowest level since June 2004.

The ratio of completed sales to stock of unsold property, regarded by some economists as a more reliable indicator of housing market demand, fell for a third straight month, to 39.2, RICS said.

thanks h.

the longer term chf & eur charts against the $ are looking interesting

Cable looking a bit tired at 2.0325-50....

no position though as not clear to me..

Hilary, suggest you post your monitor query on the PC thread. 22" widescreen is the new black now though. Even these can be picked up for quite moderate amounts of money. Bear in mind that with widescreen you'll have a wider shallower display. I'm after a 22" myself.

Housing market very slow here - ours on the market, had to drop the price twice but no interest - our agents normally do 30 viewings a week, now down to 6 a week.

I'm trying to get a new business premises and am in competition with an estate agent so hoping they're starting to feel worried :-)

Will do, Seymour. I've got a 2 x 2 set up of 17" monitors atm, but with 2 charts tiled vertically on each screen, they're a bit squashy in the width. I figured that the extra 160 pixels in the width would remove the squashiness even if it did mean losing a bit of clarity in the height.

I have the same 2 tiled vertically..and thought that the 22 inch widescreen might be the way to go...as width more impt than height...however the widesreen does seem to hae less height than standard....then my studies get squashed...still I only have 17" atm so anything might be an improvement

talking of studeis those of us that use a slow stochashic... am I right in thinking that tis used for keeping you in a trend...when other indicators tell you it might be time to bail.....rather than entry exit timing per se....

Because they have a tendancy to oscillate between around 15% and 85%, I use them to judge whether a move is coming to an end or if it is merely pausing or consolidating.

I would never enter the market on stochs alone, but I would exit the market if the stochs stack up alongside the other indicators.

iam looking for a charting package to view over 4 screens,needs to be able to open multi charts within the window,(streaming live data)
been using REAL TICK the last few years,
now looking at the forex pairs
what charts are better for the forex and any fav indicators would be a great help to me,

many thanks
steve

lots of us here use free source for FX charts...where you can have multiple charts per screen and can add various indicators


have a look at www.dailyfx.com/charts

scussy- use prorealtime, same company that does cmc charts, very happy with them and a brilliant template system. Can have as many charts as you want, and very user friendly. Give you a free live trial, certainly worth comparing to fx charts.

http://www.prorealtime.com

just had last position closed on cable, like to see a big correction here, some good fib levels on the daily charts lower down

thanks for the links,i will look over the w/e

steve

Is anyone else struggling with PowerCharts this morning? It's lost my settings overnight and, having re-input them it doesn't save them when I open a new window.