Spot FX Day Trader's Thread

No better song to celebrate a Monday pipfest...!

What about eur/chf? I think snb won't let it slide any longer (at least not this time). Maybe they will let 1.43 options pop and then will intervene. I'm buying around 1.428 stop -50

Yep, it's just in the hover above 143, gonna be an interesting one, planning on fading it

I'll take 40 on that EJ

now I need enchiladas

I'm long EU 1.3515 s/l 1.343

I'm really tempted to buy EUR/CHF but I'd like it to come down a little more.. I don't want my leverage tied up on an underwater trade.

I was looking to sell it but I'm a tad scared of the SNB!

Long eur/chf at 4267, stop 4225. I've been only losing money last few weeks (though didn't lose too much).
By the way, I withdrew my funds yesterday and left only 1k eur. I'm a little bit tired of trading (have full time job, family, property to work on) and I will reduce my activity. Also I was afraid that I would never see my money again when the market collapse occurs. It's better to play with greater leverage and keep the rest of the money under the mattress. You could also find the answers to a couple of questions:

1. Why did the SEC make it that the Money Market Funds can refuse to return your capital?

2) Why is Citibank requiring a seven day notice to withdraw your funds starting on April 1?

I think they are expecting a bank run, and there is not enough cash to cover all the computer entries.

wow.. huge gain into the S&P close. I wouldn't be surprised to see risk currencies catch up.

I don't see why risk is on the defensive tonight.. The Nikkei is way up.

damn

Were you long EUR?

yep.. but I'm still up for the week

I'm tempted to buy eur and place stop below 1.33

I think shorting a bounce at either 1.34 or 1.345 is the safer bet

actually.. I'm short 1.336

I'm long 1.3335

I'm up 25.. locking in 1 pip and letting come what may

I'm banking 40 pips and selling any bounce..

back in short 1.3325 .. I'll risk what I just banked