Spot FX Day Trader's Thread

Looks like we got stopped out in cable right before a huge move in our direction.. worst part about fx right there..

luckily my EU trade is looking powerful..

Yep, I'm finding it hard to call cable. Just gone short 15600 with -35 stop. I've been watching it for the box breakout just before US open last few days and it seems to provide a few healthy pips more often than not although system trade techniques can be dull imho!

short cable 15632 wide stop, looking for a re-test of 155 in the next while

added to short @15660, stop 15720, come on the dollar!!

I got out of EU with a small profit..

wow.. talk about being out of it.. I thought today was Friday.

I know how you feel mate, I'm getting up at 5am for work for the third day, knackering! Managed to make +92 pips on cable short but it took a while to get going. I'm trying hard to hold my nerve with trades and let profits run, not easy. Looks like few breakouts are imminent, should be interesting next week or so.

I'm long EJ 109.3 .. expecting more tug and pull in a tight range..

buying EU at 1.278

Long eu 2691 and gu 5479, stops at entry price

and long eg 8183, took 45 on gu

50 down on EJ .. 80 down on EU

hmmmm.. so what happened overnight that made EU die?

That's not good mate. I've been a right today, only took one trade on cable for 11 pips. Sounds like you're having a bad patch but then look at all the good months where you've nailed it!

it didn't turn out so bad at the end of the day.. I could recover from this easily.

hmmm... I survived the gap.. looking better than I was at the NY open Friday that's for damn sure.

Let me see if these new Miller Lite vortex bottles have any affect on my trades..

[sound of cap twisting]

I've heard of these 'vortex' bottles that spiral your beer into the glass. Don't have 'em in Ireland yet but sounds like a nice way to pour & could definitely assist my technical analysis

Actually if you don't drink all of the beer out of the bottle at the same time it will foam out and piss you off.. It's basically beer rifling technology for college students.. There isn't any other use for rifling the neck of the bottle.

but it does work wonders on underwater trades..

I'm underwater, sure, but I'm a Vietnam special forces soldier in a swamp using a straw to breathe and ready to make my Rambo style move on Charlie.

"Charlie don't trade"

I love the smell of forex in the morning - I'm hitting the hay, watch out for punji-trap on ej support line!