Spot FX Day Trader's Thread

I went to McDonalds and missed an opportunity to bank 65 pips.. now I'm 20 underwater ..

Astros look totally pathetic this year..

Brewers, Cubs, Reds, and Astros will probably be in a bunch pretty far behind the Cards this year. Even the Pirates might join they group, they have a little bit of talent. I like the Reds team quite a bit, but they're still a few years away from making a serious run. Astros have big bats still but pitching is rough. Same with the Brewers. Cubs are the Cubs.

I had a pretty good week.. screwed up a few things towards the end of it but still came out 100+ pips..

hoping for a gap downward over the weekend in EU..

Problem with the brewers is no pitching staff!!!!

Well, the week started off great with +250pips or so and then slowly went downhill and then I fell off the cliff today. I haven't tallied the results yet as I'm not really intersted in the moment. Rather enjoy my brew right now and lick my wounds. I violated many of my rules and was wrong on every pick. EU and GU whooped me good... I mean how could I have been wrong as all week I waited for the right opportunity. All the bad news out of Greece this AM and some mixed technicals (taht I wanted to believe were ripe for a sell off). Had to be a better than 50/50 chance that the bears would prevail. Forex Greed!!! And in the blink of eye... the market was right and I got caught in what I believe was a short squeeze (remains to be seen). The same short squeeze I warned about earlier in the week. The market giveth and taketh... Well I'm traveling next week so limit trading for me. Maybe good thing right now in this whip saw market. Have a good weekend all.... and a toast to forex trading!!!

On an up note the equities market has been treating me well... accept for my 133 EU May option!!!

150 pip gap upward!!!

up 60 pips long Euro, also shorting Zloty up 100 pips

Nice call on the polish zloty... been awhile since I've trade the exotics.

Short EU on the retest 3670.... 20 pip trail stop

go out of EU trade with a nice gain, Zloty at a small gain as it takes a lot to cover that spread. I was thinking it would be a long term play but im planning on not trading stocks or fx for a few weeks (finals and CMT) so I closed them all out. should be an interesting week with all of the news plus earnings. good luck guys

I'm pissed off.. When the market opened yesterday I tried selling EJ.. I clicked the sell button and nothing happened.. so, I came back a few minutes later and clicked it again.. then I did it again.. still nothing happened..

about 15 minutes later I had 3 orders filled at a horrible price and ended up taking the equivalent of a 60 pip loss.. I had to bank them immediately because I was overleveraged big time.. I thought the orders weren't filled because the market hadn't opened yet and not that the broker just couldn't fill them due to volume.. anyway, I just banked 40 on an EJ short and almost got my money back, yet I'm still annoyed.

I tried to short eu at least 10 times but I wasn't able too. Luckily, It was around 3620 so I entered at 3660 and closed at 3615.

shorted GU this AM with a tight stop 5425 has done well Stop now at BE missed opportunity for a 65 pip profit. looking for 50 pips now...
Likely will retest 50 ema on 15 min at around 5400 and hopefully turn back down. I have this feelling that GU wants to head up to 15600 soon....

I wouldnt accept those losses. thats your brokers fault...its happened to me before and I dispute it. especially if you have a large account they should compensate you for when you attempted execution. then again you may have some sort of bullsh*t contract signed where they have the right to screw you

Still in my GU trade as I liked the PA and it has now moved to 5340's. Looking for 5320 or 100pips.... new SL @ 5385

Also nabed 30 pips on UJ as Asia is selling off, Short EJ 12666, Short EU 13586... need to watch this one close

ALso tried to short NZD/JPY at 6653 was doing OK and moved my SL to BE. Took me out by one pip and then fell like a rock.... aaaahhh currently 6620's

long UJ 92.8 s/l 92.3

Im dying to short Euro. I have a bad feeling about the equity markets and think its going to kill the risk trade, plus I know everyone out there wants this damn thing to fill

yes, the weekend gap was extremely irritating..

im taking a shot at it. Its a gamble on bad earnings, trade balance and a decent risk reward situation. im rolling the dice on this one

small short at 1.3593, s/l 1.3615, t/p 1.3515

With a break of 9280 support could see a move down to 9220 area... so hopefully it holds up for you...