Spot FX Day Trader's Thread

short cable 15710, stp -60, t/p tba

If ever there was a lesson against trading against the trend I'm being taught it & it's expensive. I might only be around 20pips down & things could head south at Europe/London open but i've lost quite a lot shorting cable badly over recent times

It is however kissing along it's upper trendline resistance!

upper TL resistance clearly bust but cable still looks completely stretched, in fact the dollar has taken a good beating across the board. Got stopped out needless to say...

I'm steering clear of cable for now. Where's that Texan tornado that own's this thread gone!?

Just hanging out with yet another sorry ass trade.. about 50 down on UJ.. I have a little black rain cloud following me around.

I have 5 months of reserves left before getting a job :| I'm feeling a bit frustrated but at the same time I'm well aware that unlucky streaks are offset by winning streaks.. I murdered the market in March, April, May and June.. In July the market's big brother chased me down after school and gave me a fat lip, but I know where the market's big brother lives and I hope he likes toilet paper in the trees of his house because I'm not one to be beaten up!!!

It's like that guy said the other day, no one ever admits they lose on this site (or any other trading site). To assume that you never lose is to assume that you can see the future... ridiculous. I don't see why successful traders can't just come out and be a man and admit that they aren't right every single time. They claim that the market is "bullshit" because they lost... The market is just the market. You were wrong, it happens all the time. Any trader with a success rate of over 80% is either a household name or some schmuck who uses a 2,000 pip stop loss and a 15 pip target Don't make long-term plans if your success rate is 80% or higher..

Hear hear! An excellent post. Honesty is the best policy in this game with both yourself & fellow traders. It's shark-infested water out there and we should work together to strive to become better traders. Short aussie 9140, stp -25

short eu filled from 13330 stop @11355 behind daily R3 pivot. Might let this one ride into next week...

Dollar index has finally applied the brakes for now. Not sure if the euro has more to go but in any case next couple of weeks should bring the downtrend resumption me thinks. Might be the US today but I think there's more European woes to come.

on vacation, count.. I'll PM when I'm back to lose more money.

Ok mate, have a good holiday & no doubt we'll see ye back here soon

dull price action... the Pippmeister ain't missing much today

A healthy 75pips off the weekend eu short, now looking to get long if the price trickles down a touch further

Long eu 13095 stp -35 & long ninja 8529 stp @8488 both filled

long EU 1.2895

Life is hard when you figure out you don't have the guts to kill yourself..


AAAAAAARRRRRRGGGGHHHHH!

Gotta work early otherwise I'd watch this euro action in the night, that's some gargantuan fall today, supposedly the second greatest daily fall in the euros history! I'll get better, glad to see ye back

yeah.. I bet a lot of people got hurt badly today.

I've got a buy order in at 12700 (lower TL support), stp -42. Spotted this today for some recreational viewing. Gutten nacht.