Spot FX Day Trader's Thread

stopped -20 on UJ .. I'm back in 90.67 s/l -15

covering Eu short for 7 pips..

wow.. I played that wrong.. should have cut UJ and held EU.. oh well, the market giveth and the market taketh away..

-28 for the day.. ugh

Those doctors and lawyers I talked about last night.. Well, we might outearn them sometimes, but doctors and lawyers never work all night and end up paying their patients and clients like we do.

And doctors need not keep their greed in check... not to sure about them lawyers though...

I'm scalping the aussie dollar, just dawdling in a range between 8615-8660 mostly. Not always successful though, using pretty tight stops

don't know about that.. perhaps in S. Africa doctors receive a modest salary, but in America they often make more than $1,000,000+ per year. There are quite a few 10 bedroom mansions in my area inhabited by doctors.

In other news, it's quite clear that I really screwed myself by banking 7 lousy pips on EU.. it's definitely failing. If it pops back up again I'll get in short..

1.2382 works for me .. short EU s/l 1.245

short au again 8669, s/l -15

short kiwi 7025, s/l -30 t/p 6955 . Could do with US equities tapering off up to the close to nudge this along!

ditching my short with 2 pips because of this last minute run up in equities

not hearing news on what the hell that last minute run up is about.. scared me out of the trade though..

That equity run-up cost me 35 pips so far...

I'll sell it at .875 .. that's the 50% fib of Nov highs to recent lows

anyone feeling brave enough for a long eurchf?

NO .. the SNB said they won't intervene anymore

Aussie has marched 700 pips in a short time without anything resembling profit taking.. just a little higher and I'm in short.. .873 to be exact

there will be a dip at some point and I don't mind being underwater on it waiting for that to happen..

I guess they've finally realised the futility of intervention and the temporary effect on the CHF. Funny when you look back at any chart involving it, ain't half easy to spot the times they've tried.

aussie approaching the 50% fibbo 8730, might not make it today though. Certainly RSI divergence on the lesser timeframes (1hr & 4hr)

I'm long Gj 134.35 s/l -45