Spot FX Day Trader's Thread

everything is exactly where I left it when I went to bed.

OPA!

euro pretty static but certainly struggling to go higher, I'm sticking with me short

I'm in short 1.366 stop at 1.371

im looking for long positions, the market looks like its read to give back some of that panic discount until we hear more news - bullish in the dailies

long 1.367, t/p 1.375

The London Fix happened just as the S&P made new highs.. we had a stop run followed by another near simultaneous stop run. This is the third day of S&P gains.. I'd be surprised to see a 4th. I'm sticking with the overall trend on EU. I'll let it come up a little higher and then re-establish my short.

Also, USD/CAD is approaching major support and is oversold.. more often than not this will result in an unwinding and a bounce.

holding tight on euro short also, I think this is just a temporary pullback

virtually static, nothing going nowhere tonight it seems. All will be revealed in the European session I guess. Just doesn't seem to be any real conviction to this move up.

S&P will likely be down as it looks like resistance at the current level. However unemployment is questionable for a strong dollar tomorrow. Although that data is coming out at the same time as ECB. Should be interesting with all of the mixed news thats been going on

Euro seems to be failing rapidly.. The Nikkei is down 1%

very tempted to let this euro short run, it really has tanked

Hmmmm... I'd move my stop up to b/e.. Looks like a nasty squeeze just happened. Seems a bit dangerous considering the huge quintuple bottom support at 1.345

That last minute run up in the S&P is not a good sign for shorts.

I'm selling my little pal ninja here at 89.35 with a 15 pip stop

Count, great resistance at 1.361 in EU with convergence of 4hr SMA.. move your stop to 1.362 and let it ride short.

Tell me you got some profit on your trade yesterday Alex

What do YOU want SYRUP FACE?

http://img.foodnetwork.com/FOOD/2003...brisket_lg.jpg
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haha yeah took 35 pips manual when I saw it slow down. Went short today in the morning but didnt catch the big move. All in all its been a decent week

its quiet out there...looks like a downward flag formation in EUR/USD. If we get some movement in europe, Id expect a break.

Besides that we have unemployment tomorrow with expectations already set low, with a market that hasnt really priced it in...but with all of the crap going on everywhere else, traders seem to be ignoring the US situation. I guess we're the best of the worst.

My bias overnight will be short EUR/USD, ill try and get up in a few hours to watch for a position