Forex rebates on every trade - win or lose!

cnn said last night the US may have to lower interest rates to save the subprime market

Get THAT logo off !!!!

Sorry for shouting. Or you can have my logo just to even things up ;-)

Apologies for my little Calendar, folks, but Hilary is on hols, I believe, and I've struggled to get the same results as she does (I'm using different software).

Naturally, FX traders should avail themselves of Dr Clearly's Patent Forex Spectacles in order to perceive future events, and not resort to inferior offerings.

Other providers are available, but.....

As always, thanks for your help MM

Thread's very quiet. Anyone else long cable? :-)

SC: everyone, I should think. MPC minutes might slow the upward push by confirming what we already know.

Long....thats so yesterday....short here lol

choccy posting again I see on the Chocolate Bar....thread

UK economy showing strong growth

The news could signal a further rate rise from the Bank of England
The UK economy grew at a faster than expected rate in the second quarter of 2007, increasing the chance of further interest rate rises to curb inflation.
The Office for National Statistics said gross domestic product (GDP) rose by 0.8% in the three months to June.

That was its sixth consecutive quarter of above-average growth, ahead of analysts' predictions of 0.7%.

Annual growth came in at 3.0%, ahead of the 2.9% forecast. The data led to sterling rising against the dollar.

Despite the above. I cant help feeling that the 2.0535 area reached this am might well represent an excellant shorting area...

There does not seem to much appetite for higher Cable at the moment...
I think we might see 2.0400 before 2.0600

.

Agreed Foale, I'm still long but there seems to be little impetus to go higher. Seems to be struggling to make any more headway.

foale
I'm short from 20535 - looks as if it doesn't (yet) want to break up through the 550 area and on up to 600. However, just in case, I've got a stop in at 555.

Indicators suggest there could be a few points short - but we'll see !!

Usual indicators aren't much use at the moment mg the trend is so strong so careful with shorting on that basis I think.

Watch Fiber too - breaking out of 9 days consolidation.

Harlosh
Spot on - stopped out at 55

Folks, I apologise for the font size of this week's Calendar, I am working on a better solution.

$ unlikely to exceed 20700 ..... been telling you all that that is the top for for ages and ages and now nearly reached that target .... get ready to short Cable

Anything over 2.0600 on Cable a shorting opportunity...?

120 yen touched