Spot FX Day Trader's Thread

You are all betting on USD, and with the reason, all currencies look weak, but I wonder why the real money is buying eur on dips towards 1.4450?

I'm buying USD vs. the JPY.. USD vs. EUR is another matter entirely

I think the JPY will selloff tonight in Asia.. they've had tons of equity weakness lately, it's time for a nice rally.

I got the Asian equity rally I wanted and I'm up 90 on UJ

locking in a little profit, going to bed and hoping to wake up to riches..

Got stopped 85 pips in profit and have re-entered ninja 91.2 with a 50 pip stop

I'll short EUR/USD at 1.4458, tight stop and target.

watching EUR/GBP closely as it reaches .885 level, could be a nice quick bounce, but keep in mind its formed a descending triangle in the dailies, high probability break

Short cable 1.6316.

May be too early, but it's only half a position. I'll add more up around 1.635 if it gets there.

also short cable at 16317, upward momentum seems to be running out of steam but we'll wait and see come Asian session

eeek... I'm underwater 30 on ninja.. this isn't looking very good.

whats up guys? hows the trading, hows this new thread working out.... there is another one dedicated to eur/usd on this site which isnt bad and has alot of contributors, are u guys over there also? i will warn there are alot of rookies just calling out their trades for fun but one or two of the guys really know what theyre talking about. anyway... anyone else feel like euro headed higher... 1.4650 maybe?

This market really sucks right now. Where's all the volume? The S&P 500 floats up every freaking day between 10:00 and 3:00 on ridiculously low volume.

Last Jan. 14th the SPY traded 435 million contracts. The highest day so far in 2010 was 166 million contracts, and that of course was a down day. Today it has traded 66 million contracts with 2 hours to go.

I was just about to say that the currency market seems thin, but then again I always say the same thing when I'm underwater.. BUT this time there seem to be some quick moves unrelated to equities or news.. seems thin

I am assuming the currency market is thin just because the US equity markets are so obvioulsy thin.

Dollar showing a little strength now, but is it just a minor pullback, or will it get some traction?

i'd be very careful shorting eur right here for anyone that is.

Looks like ninja is going to post a doji.. that's better than the hideous candlestick it looked like it would post a few hours ago.. yikes.. I'm sticking with my ninja trade.. trend is up + doji = slight bias higher. not feeling great about it, but I'm in slight profit after being 35 pips down.

watch out for the head and shoulders on the 4r XAU/USD chart.. a break of the neckline will CRUSH Euro..

I hung out on the EUR/USD thread Beebs but it's too popular and there are the usual trolls, frauds and know-it-alls that ruin most threads. I would prefer to stick here and build this one up because on this site I can prevent anyone who is a problem from posting on this thread whenever I want to.

Even as a staff member at T2W they would not let me do that.. It's the main reason I left..

EU is taking an early Asia beating.. Ninja just took a slight dip but I think it's fix related and will reverse.

Rumor that Merkel might resign hurting Euro..

Sticking with this gu short, it's in no-mans land but with the Uk economy in the state it's in the pound should rollover sometime soon. Wishing I'd been at the desk to tackle the eu freefall, haven't seen this in asian trading for a long time!