Spot FX Day Trader's Thread

I still haven't heard any news which would cause this risk tank

I'm banking UC for 35 to make up for that Cable loss

long EJ 124.4 with a -25 pip stop

GJ does seem to gone down ... although daily trend still downward...
how long will the shorts have to wait i wonder?

banking 49 on EJ

I'm back on track after an ugly day..

I wouldn't try a short on GJ because of the major breakout which has just occured in UJ..

I'm going to buy UJ on a pullback

personally, the breakout on usd/jpy isn't that convincing,, yet,, h4 and h1 closed below 94.70 resistance

ok, I'm long UJ 94.55 s/l 93.75

it might not be the ideal entry but I think the march forward in UJ is inevitable. A TL broke last week and news highs were made today above previous resistance. There hasn't been impressive follow through, but I think it will go higher rather than break 93.85

I'm going to sell EU 1.3225 with a -15 pip stop as well.. 1.323 should be solid resistance

Wow.. somebody just decided they didn't want a few billion JPY.. and the Japanese aren't around.. hmmm.. Is it a thin liquidity bum rush or should I be happy about this long ninja trade?

yes, that is a major break in UJ and I'm in at a good spot..

I just noticed the EUR/JPY & XAU/USD divergence on the 5m chart... I'm now short EJ and long gold with 30 pip stops (equivalent) on both.

That worked out amazingly well with huge gains of 130+ pips in both.. I expected gold to be stopped out..

Now they have diverged again..

I'm long EU 1.306 .. s/l 1.296

I really wouldn't be surprised to see Euro pop over the next few days.. I bet I can get at least 100 pips on a Euro long.

yikes.. equities not cooperating.

I need this US data to be good

Euro and pound getting a complete roasting, equity markets tumbled in Europe and looks like US down. Having taken a sabbatical I'm gonna have to wait for a bounce before getting in short...

EJ is at important trend line support now .. I'm long with a 20 pip stophttp://crawldex.com/Ejtl.bmp