Spot FX Day Trader's Thread

Going there would give me a chance to dust off my Yakof Smirnoff jokes..

In America, you listen to man on radio. In Soviet Union, man on radio listen to you!

I like it! I will ponder this flight down, catch ye thursday

I'll be in downtown Houston by then.. doing whatever I need to do to survive.. and I mean ANYTHING.. god I hate forex.

**** it.. out of EU with 41 after a nasty little ride..

Still 55 down on GJ .. the JPY just won't weaken.

I'm back from the land of Ararat Brandy, not bad I must say. Mate you're not thinking of selling your body instead of the euro now are you!? You'd have to start a new thread on that one! I'm looking at a cheeky cable short although I haven't been following the market last couple of days so it could be against some recent news event but it's worth a shot.

short audcad 9992 stop -90 (behind weekly R1) I'm trend-fighting again but I'm seeing a bit of a hanging man form on the weekly + rsi oversold plus strong rsi divergence on the daily plus I couldn't resist pulling the trigger on it. There's a raft of pairs that should be dying for a reversal but it's a tough call. Indicators can be so damn misleading!

That AUD/USD is totally ridiculous. Remember what happened last time it became so lofty?? It TANKED abruptly.

The market is currently taking in the suckers.. Well, not suckers, but people who are building an empire on quicksand. A really bad day on Wall St. and the profit taking will kick in. I want to be IN that trade, but it certainly is dangerous. My bias is to wait for a nice deep dip and then to jump in Aussie.

As for GJ.. I'm 40 down and it keeps climbing but I'm sick of having my leverage tied up on a boring 5 day trade.

In full agreement. Buying the aussie now is a bit of russian roulette. i think we're gonna see a sharp reversal probably next week and yes it seems to dive a few hundred pips historically from this type of play. I'm going to await the down day by toying with the audcad, up 30pips but a hefty 6 pip spread with my broker, ouch!

Ninja seems to be within a gnat's c**k of record low, gotta be worth a bounce off there if it slides a little further!?

It seems like a buy.. UJ.. But the D index looks ragged. This reluctance from the JPY to weaken is just a matter of volume. When the USD gets pounded via ninja then you'd best believe that the rest of the JPY pairs will suffer, even if it seems ridiculous.

Moved audcad stop to breakeven & see where it goes, no risk, off to bed

Your FX strategy is driving me to drinking..

naw, waking up the morning is the driving factor.

Hey, I heard a pilot died mid-flight! You're not allowed to do that.

Got stopped out of ac but I allowed myself another +1pip of profit! Back in short from 10010 with a -55 stop, I'm determined to see this pair rollover & have it's tummy tickled

I knew a guy who died in the simulator at my old company but none in flight but I guess it happens, usually heart related when it does.

USD index bearish sentiment is at an all-time high..

i've gone long ninja 8130 stop 8086. Crazy trade but it's a fire and forget one, hitting the sack and see what happens in the morning...

I was going to let it reach the very bottom and take advantage of the BIG bids down there. I'm not going to make any hasty decisions. I'm up for Sept. and Oct. and plan to do the same for Nov.

Closed ninja trade for -4pips, was going absolutely nowhere but it's a new week only getting started I guess. I'm musing over the euro, looking bearish for the first time in ages but still not got the balls to jump on it just yet. It's bounced from this kind of position before.

I'm going to await patiently the 141ish area to establish short position

achtung! achtung! The down move appears to be gathering momentum!