Spot FX Day Trader's Thread

got my pips back, that's me until Asian session, up 3 pips!!

down about 40 on GJ .. this ain't my month.

short cable 15570 stop -66

I like that one.. GBP a bit too strong. GJ is presently murdering me to the tune of 90 *()&_(^& PIPS!

July has sucked for me because I bought into the doom and gloom scenarios of mid-June and carried them with me into July. I was wrong, what else is there to say?

dammit count.. down 80 .. this looks like a bonafide breakout. I'm sticking with it anyway simply because it's too lofty and we've had too many simultaneous days of equity strength.. today being flat is not good enough. Equities need some t/ping and god knows risk currencies do as well.

down 50 [grin]

Could do with a bit of gbp weakness please, might be lucky and get out for a duck as they say in cricket! My upper channel line shows cable could continue up to around 1.56 also the 50% fib ret aug09 to may10 is 1.5637

Come on, Count.. I humored you guys re: soccer, but now you're talking about cricket?

Actually, I'm slightly interested in cricket.. I'm a baseball player and the game is loosely related to cricket although to be truthful it's actually based on a British game called "Rounders"..

How those guys catch the ball bare-handed I haven't figured out.

It's on my to-do list to see the Yankees in the next year! I guess they don't play cricket in Houston then?

No, but we have very large crickets.. It's off topic I know, but it needs to be said that many of them are aspiring astronauts as well.

I'm only 30 down chief.. and elated.

I'm out for a 2 pip profit on cable. It'll probably tank lower now but won't sleep well with it still alive.

I have enjoyed reading over your posts.

From what I can tell ( correct me if I am wrong ) it seems you might be in a bit of a funk with your recent trades. I do not need to tell you this but it happens. For the most part you are right on with your trades. Summertime can be a .....

The thing I respect the most about you is that you have the character to admit when you lose, a rare trait on these boards.

It's gonna take a while for cable to punch through this major 50% fib/res level, I'm getting tempted to short again but it's strength is makes me reluctant. Moving on, I'm thinking of developing an Irish forex robot & calling it 'Pips-fecker'!?

I finally got out of my Gj trade at b/e after a long painful underwater experience.

Good result, you have to be happy with that. Whilst driving from Belfast to Dublin my long ej triggered at 11343, I'm banking on resistance turned support with a -33 stop. Dublin is so quiet, the recession has hit hard here, used to be crazy on a wed night out

I have an order in to buy UJ at 87

currently flat on UJ .. ranging from +20 to -30 on this trade on yet another goofy day in equities.

I've been to Dublin.. went all over the country in 2002 and started there before heading over the Wickwillows in a van (horrifying). Anyway, I remember a street filled with bars and clubs close to a University.. maybe Trinity.. Had an American-themed restaurant which was almost as ridiculous as the Irish-themed restaurants in America.. decent pizza though. Lots of youngsters laughing in the streets, pretty good scene.

15 pips down on UJ.. stop is below the all time lows.. I'm not going to allow silly price action to prematurely stop me out on this one. It will take something really awful to make UJ break the all time lows and I don't see that happening.

There's still loads of youngsters laughing in the streets around Temple Bar, very vibrant place. I'm taking it easy tonight after last night! Looking at ej long around 11320 stop -20 t/p around 114

flat for tonight, hitting the hay