Spot FX Day Trader's Thread

Anticipating a sell off tonight.... short 143.70, SL 144.25. TP 142.00

Will probably add other jen pairs...

Booked 60 pips from EU short overnight... reshorted 133.80 this morning, sl 134.17

Long UC from .9959, TP 1.0035

Still short NU tried to break lower but returned back to range... If AU remains under pressure tonight it should drag it down for a break lower...

watching for a potential short on USD/Rand.... missed a 150 pip short yesterday when it did hit my limit order

Going out for a beer... Cheers to trading!!

I'm taking profit at 142.65

meh.. banking 111 pips on GJ

very nice week so far thanks to GJ

I'm going to short Cable at 1.54286 s/l 1.545

good enough.. I'm in short Cable 1.5423

From before your post to the present, the lowest this has gone down to is 142.81, yet your post reads as though you have concluded the trade at 142.65!

I have a suggestion, which is to include a chart with every post....to enhance understanding and to help avoid confusion such as this. Are you still in the trade, or not? If not, what was your trade closed price?

I am in a UJ short trade since late last session. Based on current session range H/L and PA, I have already lowered the SL and TP (take profit target).

Spot wasn't anywhere near 142.65 when I wrote "taking profit at 142.65" .. Therefore the people who were reading the thread at the time took the comment as I had a target at 142.65. I then wrote that I banked manually an hour later. According to your profile you're American so you should know what the word "meh" means in the context of "meh.. banking 111 pips on GJ" .. it means good enough. Also, "banking" means a manual covering of the order while "target hit" is what I would have say for a hit on a target.

Check your charts to see where spot was at the time of my post and you can see that it corresponds with 111 pips from my entry including the spread. I don't intend for people to mimick my trades anyway. This thread is just for the entertainment of day traders.

Today I'm going to try to buy EU at 1.3285 with a -30 pip stop. If the support holds we'll have a major multiple bottom in this area.

COUNT!! What's up flyman?

Hey man, howz it going!? Got lots of excuses for absenteeism!! Been riding my motorbike from Malaga back to Belfast (keep it in Spain over the winter for occaisonal visit to Morocco in winter sun) and had a bad run a few weeks ago which dented my account somewhat but now I'm back in black as they say. Was hoping for more time off due volcanic ash but it's seems the government have a applied a new risk model which means back to work, drat and double drat!! There's a larger volcano in Iceland though which might blow in the next while so here's hoping! I'm just getting back into things and checking what I've missed... Hope all's well in sunny Texas!

Wow.. you must really have to ride your bike fast to skip over the water like that.

In Europe they have these amazing inventions called 'ferries' that take your trusty steed over the waves to Africa!

Hope you chaps have had a profitable few weeks. I've been taking a break but after my next bout of work will be getting stuck-in again.

I'm filled in Euro .. stop at 1.3255

See you later Count!

The Yen crosses are squeezing really hard. The 4hr chart in GJ in particular shows a bullish candlestick pattern forming.

I'm trying a quick GJ short here 143.68 with a 12 pip stop

That lasted about 3 seconds..

I'll try again 144.1

It won't be so easy to get through the solid triple top at 144.1

I bet people who sold the break short this morning are pissed. This has been one obnoxious squeeze.

Pip did you close your EU? I'm long from 3269, and don't know whether to take profit and go to sleep or leave it. Now the black box algorithms are selling. I'm afraid that Asia will push it through 3250

I'm still in EU and just screamed a pretty nasty string of curse words.. I've watched it come down 30 pips after the bell and don't know why..

I'm sticking with it.. the reward for 1.325 support holding is just too big to worry about losing 30 pips.

I'm starting to get supremely angry.. I'm up 3 pips still and I'm searching all over the place for news to cause this after the bell USD strength.

Maybe it's nothing other than black boxes like you said.