US ($) Currency Thread 1 (closed - use thread 2)

whatusername

T & C dated March 2006 which may explain rates offered.

neilbond007

DelBoyPhil wrote: »

http://www.travelmoneyservices.co.uk/radiotravelshop/content/us-dollars.aspwill only do it at the rates for over £5000

i'll send another mail that's asking for £10,000... see what the rate is...

neilbond007

whatusername wrote: »

T & C dated March 2006 which may explain rates offered.

ah... well spotted that man...

well, let's see if I get anything back from my request for £1,000 and £10,000.

jackieblack

Check again now... http://www.travelmoneyservices.co.uk/content/us-dollars.asp

....... rates have miraculously dropped!

inspector_monkfish

neilbond007 wrote: »

ah... well spotted that man...

well, let's see if I get anything back from my request for £1,000 and £10,000.

have a look at 'Compare Our Rates'

got a list with HSBC, M&S, NatWest, Nationwide & Thomas Cook

ALL the rates are out of date...

DelBoyPhil

http://www.travelmoneyservices.co.uk = aviod i guess as thats pretty bad to show the wrong rates and shows its not a uptodate comapny

neilbond007

on the face of it this report looks much bleaker than the rest we've seen in the past day or so...
http://www.dailyfx.com/story/market_alerts/technical_alert/Sterling_Dollar_Sell_Recommendation_Issued__1_4820_1238664885377.html
but, i like the opening statement -
"While we realize that our recommendation is quite a ways away from the market at present, we never like to put ourselves in a position to chase trades. Given the expected volatility in the US session due to today’s event risk, we have picked a level that if hit would be a very attractive entry point for a playable counter-trend move back into the overriding and longer-term downtrend. If the trade fails to trigger, we will happily move on and look for the next trade"

is it me, or are they basically admitting they are guessing?

DelBoyPhil

I think it will go up now to about 1.51 within a few days as the g20 is nearly over the usd is so strong now it will have to relax and the uk poound needs to get stronger

inspector_monkfish

neilbond007 wrote: »

on the face of it this report looks much bleaker than the rest we've seen in the past day or so...
http://www.dailyfx.com/story/market_alerts/technical_alert/Sterling_Dollar_Sell_Recommendation_Issued__1_4820_1238664885377.html
but, i like the opening statement -
"While we realize that our recommendation is quite a ways away from the market at present, we never like to put ourselves in a position to chase trades. Given the expected volatility in the US session due to today’s event risk, we have picked a level that if hit would be a very attractive entry point for a playable counter-trend move back into the overriding and longer-term downtrend. If the trade fails to trigger, we will happily move on and look for the next trade"

is it me, or are they basically admitting they are guessing?

hate to break it to you Neil old chap, but the entire nature of trading fx is based entirely on 'educated' guess work.....

neilbond007

inspector_monkfish wrote: »

hate to break it to you Neil old chap, but the entire nature of trading fx is based entirely on 'educated' guess work.....

yeah. i gather that... but for the "experts" to actually write that it might be a load of crap is lets say "hedging their bets"

i'll have a go...

Neil on for a "69" tonight
This may infact be wrong. He might shoot his normal 83, 84.

Neil was majestic on the golf course tonight. From tee to green he was perfect, never missing a fareway. Putts were rolling in from all directions. The highlight was a 125 yard pitching wedge that horseshoed around the hole performing "star spangled banner" before dropping in.

I could get a job on there...