Forex rebates on every trade - win or lose!

Abserlootly meggers :S

I blame the drugs 80

Doubled up @ 40

Long cable 727

Nice one SC

I've trebled up short @ 12345.6 - sucker for numbers.

Well, we'll see. Like those numbers :-)

USD/CHF looks ready to turn.

Nice whoosh for you SC - knew I should have stuck with cable - now I know why the Japanese are called in-screw-table.

Could do with a similar whoosh on YEN - down - not up !!

Yep, but set stop at +10 hoping it would continue to go higher, so now out +10 instead of +30 which I could have had..... Trying to let my profits run. Some days it just goes powering on up / down.

Anyway, improved this weeks figures dramatically today along with earlier trades. A few more points would be nice, will have a look after work.

Mine are looking particularly crap - again - pooh.

That USD/JPY looks as though it doesn't want to stop. Incredible. I should just go long on that and sit tight, but I can't buy into it.

Sorry you're having such a tough time. I try to pick bottoms, you're calling tops. Always end in tears when I do it.

Header updated with what Hil described as "one fully pimped Calendar" for your delight and delectation.

I decided - flirting with danger - to leave the shorts open over the weekend. I'm hoping that the in-screw-tables don't shoot up to 12400 as the markets open on Sunday night. If they do I'm going in to sulk mood. If they drop to 12300 I will be uncontrolably ecstatic - neither are very pleasant so you'll know which I'm in by about 07:00 on Monday morning.

This doesn't mean I'm going to keep the kind of hours that chocopops does - i.e. posting at 02:30 on Monday morning - unless, of course, I have to get up for the usual old man's nocturnal activities .... if you know what I mean :)

Probably too much information - but, am I bovvered - nah!!

mg - for you from FXCM

FX USD/JPY

The US dollar faltered against most of the majors on Friday amidst the release of softer-than-expected core CPI, however, USDJPY continued to prosper after the Bank of Japan left rates on hold and signaled a more extended pause on monetary policy action. In fact, the pair has been reaching new 4 year highs as the carry trade remains the preferred position of the markets. While a break of 124.00 almost appears unavoidable, the release of the NAHB housing market index could slow the ascent. The figure is anticipated to hold steady, but there is substantial risk of a decline given the widespread weakness throughout the sector. A major disappoint could lead USDJPY down towards the 123.00 level, but it would take a major event (very hawkish BOJ commentary, Chinese trade/yuan news) to take it much further. On the other hand, a steady NAHB reading or an improvement would support further gains for the pair to the 124.00 level.

Thanks SC
Preparing for big sulk and withdrawl from positions. As suggested 124 seems unavoidable :(

Anyone still trading Cable out there...looking for 1.9850 here with possible extension to 1.9900

foale
Have finally bitten the bullet on YEN - for about net -50. Agree that cable looking good for 1.9850 - no position whilst I lick my wounds :(

Well nothing like a +50 on cable to ease the pain elsewhere...

Good luck anyway..

mg

You might have been a little early on your Yen exit; although agreeing that 124 is inevitable, the pair has looked overbought for quite a few trading days yet, the MACD 1hr has crossed down, the 2hr is in the process of doing so and the 4hr is on the turn. May all be false signals of course, but perhaps a retracement is in order before the next push?

pth

Pete
Yeah, dontcha just hate it when that happens. I've been watching the MACD on 60,120 and 240 but they haven't helped so far so thought I'd throw in the towel - just as easily spike to 124 and the MACD still cope ..... before maybe behaving themselves :(