Forex rebates on every trade - win or lose!

There are also a number of clickable links within the calendar that are pretty damn useful.

Blimey, that's posh :)

Hil: Sorry Miss, I tried Miss, but I'm in Palo Alto and didn't have time to sort it out today 'cos I had to go to the beach at Santa Cruz ;-))

But it looks very good, nicely done.

Thanks h and mm for all the bits you do. Pleased to see choc back, hope alls ok. And hope everyone managed to escape worst of the flooding.

Popped back for sons graduation at loughborough on the 20th and got caught on the M5 friday evening, luckily we pulled of at the worcester junction. Had acouple hours kip then headed back up M5 and made our way to the M4 and got back to devon that way, took us 15 hours to get back in the end! Looks like the cricketers could do with the rain!

Made some decent long points these last couple of days - makes up for some crap trading last week - overall just better than breakeven.

And you ask yourself, in these markets, it should be relatively straightforward. But then, if it was that easy everyone would be a winner :))

If you are lurking choccie - hope your feeling a bit better.

Thanks gofe and meggers :)
Still loafing, marooned and morphed :S

Glad to see you're keeping your hand in, meggers ;)

choccie
That sounds like a great name for a bar in Wilmslow - get it trademarked - you'll be swamped with footballer's wives wanting some at a massive mark-uo.

Take it easy - I am :)

Have you been poorly, Chocopops? Every thread I read seems to say welcome back or get well soon. I must have missed something. Anyway, hope you're better now.

I'm not so sure that I like the new calendar - it seems quite unwieldy, imo. It's the best we've got though I'm afraid. I'll be away again from later this week. I may be around w/c 13th August, otherwise not back till early September. Delboy will need to adjust the URL of the inline frame in the header. The weekly calendar appears to start from a Sunday, and I'm guessing that the URL of next week's calendar will be:

http://www.dailyfx.com/calendar/index-print.html?currentWeek=/events-calendar/2007/0805/&direction=none&collector=allInFolderDateDesc&view=week&timezone=GMT&currencyFilter=AUD|NZD|&importanceFilter=|

Unfortunately I can't be sure that will actually be the case.

yen is tanking on that American homes news...

dumping

SM,

I'm not sure that I understand what you're saying there. Surely the Yen has been gaining steadily since yesterday afternoon (125 pips vs USD, 250 pips vs EUR, 375 pips vs GBP). It's nothing to do with a flakey mortgage lender going t!ts up.

It's carry trade liquidation - plain and simple. If the world, his wife and their pet poodle are all short the Yen, there comes a point in time that there's nobody left to short it. That's when it rises, shafting all the mug punters along the way. That's what happening now.

DailyFX New Dynamic Calendar FAQ
Tuesday, 31 July 2007 16:35:40 GMT
Printer Friendly | Email Article | RSS | Previous articles
Written by Kathy Lien, Chief Strategist
We have just launched a new dynamically updated economic calendar. Take a minute to read our Top 10 Frequently Asked Questions to make sure you know how to get the most value out of the product. If you have any questions, please feel free to contact us at research@dailyfx.com



Calendar Top 10 Questions

1) I only see the Briefing Calendar, What happened?
You are bookmarking an old page, please change your bookmark to http://www.dailyfx.com/calendar/

2) How Can I get Eastern Time?
If you click on the words "EDT" next to Current Time on top, the entire calendar will switch to Eastern Time. Click back on GMT and it will switch back

3) Where Can I find the Excel File?
If you click on Printer Friendly Version, you can now get an unformatted version of the excel file, if you want Eastern Time, click on the EDT button on top, then click on the Printer Friendly Version > that will output an eastern time calendar

4) How Can I print the Calendar?
Right now, you can print it directly from the excel file, by the end of the week, we should have a formatted printer friendly version

5) How Can I get the Previous Calendar with the Actual Figures?
To the right of the Current Time, there is the "Previous Week" button. Click on that and you will get the previous week with all of the actual numbers

6) How Quickly is the Economic Data Updated?
It is updated seconds after the number is released, on a 24 hour basis. You may need to do a hard refresh to get the number (CTRL+F5). Revisions to prior data are denoted as (R). Detailed comments on key releases written by DailyFX staff come no more than 10 min after the data. Not long afterwards we will post articles that contain more details.

7) When is the Next Week's Calendar Published?
Next Week's Calendar is created by 3pm ET on Friday, but does not roll into the main calendar page until midnight Sunday morning (the Sat/Sun switchoff) > Traders can get the Next Week calendar before that by clicking on "Next Week" in the upper left.

8) What Happened to Bolding the Important Releases?
We now have 3 levels of importance for economic releases. Even though they are no longer bolded, you can filter by importance and by currency pair.

9) There are so Many Releases, I have to Scroll Down Very Far to Get What I Want.
If you just want today's releases, click on "Today" on the top and you will get a much shorter version of the calendar.

10) Will you be Bringing Back the PDF Version?
We are looking into creating a pdf version, in the meantime, please use the excel file to print.

Additional Calendar Features:

1) If you click on Central Bank Calendar >> We have all of the Central Bank meeting dates and times for the remainder of the year
2) Definitions are provided for nearly all of the economic data as well as links to original sources

As further evidence of the carry trade unwinding, look at the Swissie where interest rates are also very low.

With cable and fiber both falling since yesterday, it would be a fair assumption that USD/CHF would be a reasonable gainer because of the favourable carry. Somehow though it managed to fall which suggests an unwinding of the carry trade.

been watching the 1.2000 area on the swissie, doesnt seem to be able to close below there on the dailys.............yet

hilary... a slip of the keyboard!! 'course its $ going down... not yen! made my account go up nicely overnight..
pls be a bit patient with my excitement!

SM

Cheers Hils - I ought to be getting better but it's hard to tell cos I'm still potty with the pills.

Bloody Hell, hope someone can help me here.

I have spent most of the last four months trading currencies via IG Markets CFDs. I have just discovered that although I have no positions currently open and nor have I since the 24th July I am apparently generating an increasing loss through Ledger Transactions in Sterling, Swiss Francs, US Dollars, Canadian Dollars and the Yen.

IG have been on my back to settle the debt, problem is I don't understand how it is being generated. I know these ledger positions are reflected on my daily statement, but I erroneously thought that they were some sort of summary of the positions I have opened and closed.

IG of course charge or pay interest on open positions and there is also a daily adjustment to open positions which I thought was an adjustment to take into account currency fluctuations.

I have used IG markets for over a year and was under the impression I clearly understood what I was doing. This ledger transaction has me totally baffled and folowing three telephone calls to IG who seem unable to explain wtf is going on, I am no closer to an understanding.

I am also unable to find any mention of this ledger transaction business on their web site.

Grateful for any quick advice that a muppet can understand.

pth

pth cant help, dont trade cfds. Probably a good idea to ring them again(record conversation) and ask them to explain it to you and if they dont to your satisfaction, probably a good idea to contact FSA

I don't use IG but it works like this I believe.

It's easier for me to explain with indices so :

if you go long say the dow you bet in dollars cos the instrument is priced in dollars.

say you make $15,000. This will shown on your statement as a profit in dollars and is a dollar balance on your account

Well a year ago at say $1.50 to the you made 10,000 but remember it's still a dollar balance on your account.

now at say $2.00 to the you've only made 7,500 cos remember it's still a dollar balance on your account.

Effectively every day as the dollar has been rising it's been costing you money to the tune of 2,500 in my example which is why IG are now persuing you.


Sorry

CC

I think I understand what you are saying, but now I am aware of the situation I have been watching the effect a weakening dollar (against Cable) is having on my balance, which is decreasing (debt reducing). ?? I also imagine that the mixture of currencies is also making this quite complicated. The really annoying thing at the moment is I can find no mention of ledger transactions in their documentation, so being a muppet how am I supposed to know that this transaction exists?

pth

I can't remember -do IG send you monthly statments by email?

I forget as I withdraw all my money from them after they made my account untradeable about 3 years ago.

If so I would expect it to show the detail of each currency balance and it's translation into gdp each month