Forex rebates on every trade - win or lose!

Missed the target I was looking for (238.20s) whilst I was out.
Itching to short again, but I reckon it'll break out of this narrow channel since 7am, so I'll go and make a buttie.

Did you get my email, Chocopops?

Ooh yes thanks, Hils - didn't have time to reply this morning, but I shall later :)

Think 238.50s target for a short - assuming it gets through a resistance thingie on my 30 min. Otherwise I might try a long if it goes back to 237.20s - err ... arrers permitting ;)

The Jappy's certainly a happy chappy today. It just doesn't want to go down.

hoping to see 237.00/10 area to go long

Good morning/afternoon/whatever from the Land of the Free and El Dollaro Collapso.

good morning, well first full day of forex today, fingers crossed,
still going to do futures as well as a back up in case i make a right mess of my first day:-)

Morning Ruth et al.

Hils, thanks for the info. Difficult to digest :-) Anyway I'm looking for a different strategy:

Post 1079

:-))

Ruth have enabled fx on esignal seems to be saying euroyen short entry about now....doing a few dummy trades first one short 166.50 60 min bars though...might be too long for you...

Cable stopping at 873 resistance point??

Pivot point

Foale, sorry been busy, only just caught up,the 60 min trend is still strong, 11 bars,only taking longs so far , not started scalping yet, learning to walk before i can run:-)
not scalping both ways until ive got a better understanding of it, then i will switch to the shorter timeframes,

short entry cable? 5min bars...2.0880?

Foale, not got cable on, just concentrating on gbpjpy and eur jpy for now.

eur/jpy looking toppy to anyone else?
currently short usd/jpy from lunchtime

It does look toppy, but I'll be surprised if a better window doesn't present itself a bit later on for an opportunity to short it for a big leg down tomorrow. In the meantime I feel it should be played hard and fast both ways.

struggling this afternoon, a nice morning though, think im going to need to look at the shorter timeframes sooner that i thought, but i am getting to grips with it, it certainly beats looking at those stupid annoying bots all day,
currently using cmc on a family members spreadbet account,they shut mine downlast year:-(
will switch over to ib as soon as im comfortable, only messing with small stakes at moment so easier to use cmc for now.

Ruthie - smaller timeframes are essential for those 2 pairs as they move pretty quickly when they finally get going, as Hils says - both ways ;)

Ruth,

You've had the trend as your friend this morning which has made it easy to bang the trades away with your Magic Arrers. That trend now seems to be wanting to reverse, and the balance of probability is that it will range until the new trend takes hold (assuming that it does take hold). That range should still be very much tradeable, but you'll need to use your faster timeframes to capture those moves.