Spot FX Day Trader's Thread

banking 12 long .. sidelined for now

Will wait out the 4h.. take it from there... if my trade is still in play of course..

Trade still in play.....

I banked that EU long way too early..

Hmmm.. I really don't know what to do now.. Stocks are way up.. not a good shorting climate, but Euro will be fought tooth and nail on any attempts to get off the mat.

looking to weekly chart, just befor (the most importnat) NFP next friday, inverted head and shoulder is very clear at weekly chart just a break of 94.40 is needed to confirm, i think tonight we will start the big move and next week will be trading above 96.00 and by NFP we will be near 99.00
Failing to break 94.40/60 will keep the yen in the same range 92.60 -94.20

Ok.. I'm going to short EJ at 124.82 s/l -30

I have a buy stop ready to roll in UJ 94.44 s/l 94.24 t/p 94.9

I'm long Cable 1.5315 s/l -30 t/p +30

reversing to short 1.538 with a -25 pip stop

Ditching that Cable long for 3 pips profit .. something doesn't feel right

Out of my EU long - loss of 16 pips...

Oh man.. if only you could have waited a few more minutes..

ME TOO I bailed on my cable long right before it jumped up 20 pips.. ugh.

Yeah... you know how this business can go...
So to maintain some form of sanity I just do what my TP tells me to do....:nerd:

I'm trying a Euro short here at 1.333 -25 pip s/l

buying UJ at 94 s/l -30 ..

up 30 stop to b/e on the EU trade

banking 52 on EU

banking 6 on UJ

I think that might do it for me this week..

I'm short USD/CAD 1.017 with a stop at 1.0206

I'm long EU 1.3315 s/l 1.328 to start the week

yikes.. stopped on the 1st trade.. back in long 1.323 s/l -40

I'm long Cable on the TL break 1.528 s/l -30

grrr... -30 on that