Spot FX Day Trader's Thread

EUR/GBP is under its 200 day MA, ill short for the break if it gets below .8830.

I made the perfect call on EUR/USD but got in too early, and had a dumb stop out and missed the real break :/

id really love to make a trade, but i just cannot find a setup im happy with to save my life... short maybe with a stop above 1.446?

im short EUR/GBP, it looks pretty bearish and is hanging out under the 200 day sma, I may be a bit early but I think it has potential. s/l .8865 t/p .8750 -.8700

ugh.. I went long EJ 131.5 and just ditched it for 3 pips after a nasty dip which had me spitting and cursing.. I'm still long UJ and feeling bad about it.

gave back 50 of my 85 pips profit on ninja ..grrrrrr

Thanks Pip! Was wondering where you all went. I've been creeping Forex Factory for a while now, but had not yet joined.

So for all intensive purposes this was the first week that I seriously traded my live account and I was quite successful. I also can't believe how far my trading has come in these past 7 days, and it wasn't from reading forums or books, just from staring at charts, watching PA in multiple tfs, and using fib levels and trendlines more seriously (whereas I used to trade pivot points and cross my fingers).

I've decided to focus my energy on the aussie euro and UJ.

I'm Long AUD/USD 9232 9195/9315 for next week

Any comments on the head and shoulders vs ascending triangle on aussie?

Sounds good DAM.. I had a pretty medicore week #2 after a gangbusters week #1 and I'm determined to make some money this week.. Just don't know what to do just yet..

Got out of Aussie with the trendline break. Looking at shorting, 3 m30 bars with highs of 0.9224

Where are you fellers?

Probably going to be a slow day today.

I'm looking to short cable around 1.632. Possible H&S on the 15 minute charts as well as a trendline break.

I'm hesitating on an entry on cable. 60 minute charts have a nectie of the 20 and 50 MA's. That's a bullish signal.

So right now I'm bearish on the 15 min and bullish on the 60 min. That means, watch and wait.

Should be really slow today.. I'm long ninja 90.7 s/l 90.4

looking to long EUR/USD if it breaks 1.44, t/p 1.442-1.444

I hope that doesn't happen.. it might kill my UJ trade

Euro does look "perky" on a thin volume day like today. I have been trying to short is for the last week or so based on,

1. Greece have big problems and no sign of help from the EU.
2. Dubai, Europe being a big lender to the region.
3. Ireland, big problems here also. The government has said that if another bank needs cash they will have to tap the pension funds.

Clearly this a longer term trade and I think I will get better levels to short the pair. Any thoughts?

Thanks

Banker

No point in calling anything on a thin day like today.. We'll see what the US wants to do tomorrow morning and take it from there.

[Pippy hangs himself]

As does DAM. Was in two Aussie shorts last night that didn't feel like leaving because too many profits of mine have returned to nil lately.

Long EU. I think it's due for a bounce anywhere around the 1.425 area.