Forex rebates on every trade - win or lose!

Tried to get back into cable with a couple of shorts (70 and 85) - just closed for flat - so niether one way nor t'other. Keeping an eye on it but not busting a gut - I suppose I should really be looking to go long :(

From TradeThe News :

GBPUSD at session low on rumours that a UK insurer may be in trouble.

UBS amends USDJPY 1 month to 115 v 119 and 3 month to 112 v 117 amends GBPUSD 1 month to 1.97 v 1.98

Long cable from 19770 and 65 - GULP ..... a bit rusty from playing with the indices.

I like this one :

West LB CEO says German banks having trouble getting foreign credit, repeats WestLB has no liquidity problems.

Says that the situation for German banks is "Not Uncritical"

So it's not actually critical then ;-)

UBS analyst comments on commercial paper market - Notes that Commercial Paper has $550 Billion Coming Due within 90 days.

Article cites that the The $1.1 trillion market for commercial paper used to buy assets from mortgages to car loans has 'seized up' just as more than half of that amount comes due in the next 90 days, according to the Federal Reserve statistics.

Article notes that unless issuers of cp find new buyers, hundreds of hedge funds and home-loan companies will be forced to sell $75 billion of debt backed by mortgages.

Sounds like fun !

Crikey! And all the fun and games are happening while our Hil is sunning herself in the South of France. She should be back in time for Armageddon.

Northern Rock, Alliance & Leicester and HBOS rushing to say that they did not tap into the BOE emergency funds made available today.

So who did pay the 100 basis points premium for emergency cash ?

Wish I could say I've been sunning myself - anywhere!

Thank you for your bons mots, mon cher petit jolly green giant :)

Lost my connection the middle of last week and I've only just got it back.
And I seem to have slept through most of the pre-armageddon-amble :S

choccy - presume you mean internet connection!

Got two of my children out here this week enjoying the summer sun, so probably not any trading for me.

best week ever last week, had just over 400 pips out of eur/usd and not one loosing trade - must of been a blue moon! have a good week all

Yes, we really do love pink ;)

WOMEN really do prefer pink and men blue and it goes back to the Stone Age, say scientists.

Boffins testing 208 volunteers found females have a preference for the red end of the colour scale, while fellas went for blue.

Dr Anya Hurlbert, of the University of Newcastle, said the link could be traced back to mankinds hunter-gatherer days.

She said: Evolution may have driven females to prefer reddish colours like ripe fruit and healthy, reddish faces.

Dr Anya suggested men might prefer blue as it signifies clear sky or a good water source.



Boffin??
Absolutely barkin

S'pose I'd better post on here as well as the day traders. Got taken out of short for -10 now re-opened short from 19905. Tight stop.

Still long!
Wondered where you were ;)

Stopped out again for -20 - not doing too well on the forex - hoping for better on indices - gone all fluffy and indexey - anyway, you're supposed to be wrapped up in bed. GET TO BED GAL - just 'cos you've been out playing with your mates - doesn't mean you can ignore the docs. GET TO BED ....... I've got a strange memory of playing GTB on another BB - how weird is that :)

Haven't been on here for a while. What's the tourist rate? ;-))

Dunno who painted the thread, but they need that nonce from the telly to give them a hand next time. ;-)))

Ohhh alright.

Just took some off at 1.9925. Only wanted to see what happens when it gets to 2.000000 ;)

Chocopipo
Here it is - a lullaby to get you off to the land of Smurfs
Lullaby

Afternoony, afternoony

mg

:))

But I still lerve pink :P

Nearly there now ;)

All out for now at 2.0075.
Wanted to put up a chart, but the bucket thingie seems to be down.

choccadoodledo
cracking trade - $2 always made sense - just a shame I lost my sense gene yesterday - replaced with numpty gene. Have applied for a replacement on ebay - using the "Buy It Now" option. After postage and packing comes in at around 1,000 :(