Forex rebates on every trade - win or lose!

mg

I have every confidence in your back up plan, errrr, I think!! Long from 74, was thinking of adding but am a scaredy cat :)

pth

Edit: PS nice to see peeps posting again.

GBPUSD - a defined channel on the daily with lower highs and the 55 EMA providing support for the past 5 days.

However the 55 is getting very close to the 200 on the 4 hour.

Something has got to give !

Indeedy.
Beginning to wonder if it'll have a bash at 1.9730 first.

Oh ye of little faith ...... let's see where this move takes us - GULP

EDIT - whoopsy - back down again :(

The $ collapsed from 82 support level following the press release that China yuan reforms will not accelerate under US pressure, and it bottomed at and re-tested 81.66 early yesterday. The Euro followed in tandem, retesting 1.36 on the back of other newsy things.

I have a down slopey thingie that gave cable support on Star Wars day, and it's giving a bit of the old resistance gyp this morning. Short from 1.9779 with a tight stop of course :S

Got over my scaredy cat ness and did add earlier afterall, closed both on the spike, tried another long after the retracement, but got a bit scared and closed that for a small loss. Currently short, but who knows?

Well got stopped out of short on thatspike up to 90...
but decided to reshort

1.9760 very strong support but when it goes...could go far imo....

sticking with 1.9600 to 1.9630 target

Ditto, foale. Spikes should be outlawed.

I see that the 10-minute macd has stayed below the zero line all morning despite the spike up.

Rollox - moved my stops up to 50 and they've all been taken out - so thats -10, -20, -30, -40 NET -100 . .......... and now what does it do - ah well, serves me right for being a pratt. Tomorrow's another day, of course....

watching with interest, as i said the other day important area on the daily chart re fib level and ditto the above

I will now be mainly sulking for a couple of days - it's an mg thing - so don't expect me to post - 'cos I don't do posts when I'm officially sulking.

Some people have trading rules - I have sulking rules - OK !!

I'm still not convinced it's a short though my resolve is waning a little I must admit. I have a triple bottom on my 10 min p&f chart which won't break down unless Cable hit 9740 and stays there.

I'm looking for a bounce from here but like I say, I'm not as convinced as I was a little while ago.

Can you please post your sulking rules so we know what to look out for, meggers?
Sorry about your stop thingie :(

I know that most people here like to trade cable and it does produce good signals for short term trades, but during times that the dollar is strengthening such as now, cable isn't always the best short because of the negative carry. Currencies such as the Euro and Yen can be better shorts imo because of the carry.

Just an observation.

edit: Include the Swissie in that list.

He'll post them in a couple of days, Choccy. On account of how he doesn't post when he's sulking.

:o)

Hmm a bit of pre-figure friskiness?
Nice :)

scalped a few points,left one position open

Started off this morning with 2 profitable longs, tried a third that looked a bit weak, so closed for -10 and reversed. Flat now for +108 overall (based on my normal stake size). Will probably wait until the next set of figs before considering another position. Incidentally 19740 has proven to be pretty strong support so far today.

pth

doesnt want to go thru 733 at the moment

Would have gone long this morning with a stop at 740 but t'internet was down all day at work so have saved my money. May watch and wait for a bit.