Spot FX Day Trader's Thread

hmmm.. well gold is making a little move here.. not much but it was interesting seeing something move out of a 20 pip range..

Aussies are chopping in a boring range.. Japanese aren't doing jack, maybe the Chinese can shake things up..

Hey Pippy
I think its Chinese New Year and the celebrations are still going on so not expecting much from them tonight.

Is there anyone actually working these days?!?

nice little pop in Euro.. still nowhere close to a decent sell position though.. I'm not risking 30 to get 30

not much action so far today, bored! Serious wedge formed on cable, getting a bit narrow even for scalping...!

It was bottom of the 9th, bases were loaded and I was long usd/cad and usd/jpy. Usd/cad's falling and it's getting uglier by the minute, currently about 25 pts in the red and my yen trade which is double the size is slowly creeping up. But it's a balancing act and i'm not making as much due to the losing cad. So I found myself in the predicament of whether to hang on and see if things change or to cut one. Logic said I should cut the losing one. Turns out I made a correct decision. Cut half my yen position at 90.30. Going to see if 91.00 is a possibility.

Is anybody riding this? I'm long eur vs cad, usd and chf - sitting on nice profit! Think soon will be a chance to go long usd/cad

I will be selling Euro soon

Hanging on to usd/jpy here - wondering whether 90.50 was a good opportunity to close.

I still think there are tons of stops around 90.5 in ninja.. it almost got them a minute ago.

I'll sell Euro at 1.38 with a 40 pip stop

Short eur 3772 for quick profit stop 15 pips

Just bought some usd/cad, bit sadistic by me.

I was waiting stops below 1.0400, but probably we won't see it today

Looked like it appeared to bottom out for the time being. Bit annoyed about not taking all my profit on yen, but I don't mind either position so much for now.

US stocks are moving upwards. And it looks like DOW has found a bottom at 9830, EURUSD might have bottomed out?

Look at 2009 march lows, when stock market was low, EURUSD was low, i think EURUSD will go up. and it may very well be on an uptrend.

Short term UP

shorting cable from 15790, 40pip stop

Closed the cad for a few, really not feeling it all and trading at this time. Going to hang on to the yen and see if it can develop or get back up there again.

Stopped at break even. Too much short covering
Short XAU 1120.60 stop -2 (the cartel's 2% rule)

Chopped some more yen at 90.30 - got a smallish position with about 32 pips profit. I'm inclined to just bank it, get some sleep and continue the assault tomorrow. Going to be difficult getting above 90.50 at this time, so it's probably not a good bet.