Spot FX Day Trader's Thread

I have two more lots on JPY pairs ready to roll if things turn against me.. EJ and GJ will allow me to "close all positions" in the black.. I'm extremely confident..

I put a lot on a pair which hardly moves and reserved 2 lots to bail me out

I guess you could say I'm extremely confident in JPY strength in the next two weeks. There will be an opportunity to ditch. I might lose but the chances of me losing 200 pips is very low.

I like the plan. Happy belated birthday dude, hope you celebrated in rampage style!!!

nope.. my back hurts, so does my hair, and my teeth kind of itch.. everything just goes haywire when you hit middle age

Yes, a general slowing down. My balls dropped around 35, very painfull! Out for the loss of 20 pips, drat! I'm off to bed...

Happy B Day!

Regarding wide stops. If likelihood is high, but noise is also high making a narrow stop low risk trade, then it is prudent either to wait for a low risk opportunity or use stops outside of noise. Both methods are quite kosher

It's a confirmed down trend after 35, just enjoy the ride & don't fight he trend Lol

Ninja has a habit of getting the legs kicked out from underneath it every 3 or 4 days.. Big stops are definitely not my style but it has a huge amount of resistance upward.. it will be hard to get over that before the predictable run to the JPY happens.. really I'm expecting between -100 to +100 pips on this one.

...

looks like someone just took advantage of the market and UJ tanked..

Now that would be a great Bday present.

lol funny. my back pretty much hurts 24/7 these days. lOLLOLOL

Anyway's Happy Bday

I'm locking in 15 pips profit on this UJ trade.. if 90.8 support doesn't break this time then I don't want to be in the trade anymore.

grrr... out for 15 pips profit.. I'm liking 91.8 as an entry with a tight stop instead.

hmmm... that really pisses me off.. looks like they got me by 1 pip before reversing in my favor..

now I'm long EU 1.225 with a 15 pip stop..

http://atlasshrugs2000.typepad.com/a..._america_2.jpg

Where were you when I needed you, Great Leader?

I'm short EU 1.2228 s/l 1.226

damn.. got punched in the face.. all the 10AM data was good and I'm 32 pips poorer.

short again 1.233 s/l -30

banking 49 on EU

short cable from 147

wow.. the moves today were pretty silly and the action in stocks was wacky too..