Currency trading (Sept. 11th > 15th)

[City Bound]

Rate rise on the cards for the CHF. Might look for 20 pips short on the announcement. Nothing more though, it whipped around last time.

 

[Zinger]

Thanks to the info here I decided to have a look at the vegas system.
I am glad I did !
Also very near a vegas entry on the swissy.........

 

[ChowClown]

..closed long @ 865 +82.

 

[ChowClown]

...fancy shorting cable later, after the 13:30 dust settles...strong tho atm aint it.

 

[ChowClown]

...Aug Retail Sales slightly stronger than expected then.

 

[zuke]

Morning all,

OK these trades are as follows:

Cable - stopped out for -44
EUR/JPY currently +27 (although did scale out 50% at +50)
USD/SEK currently +20 (but did scale out 50% at +300)

All stops are at b/even and now looking for new set ups. Gold is looking good for a buy in around 30 mins.

BTW, does anybody use any scanning software to identify set-ups? I was at a friends yesterday and he has something that scans 50 pairs and identifies them for his set up (MA cross on hourly close). Anyone else do this?

OK,

EUR/JPY stopped out for b/e. So overall, made +50 on 1/2 my size
USD/SEK is currently + 272, I have amended target on this to 2428

 

[ChowClown]

...did you get an exit on the spike down, dc?

 

[ChowClown]

..tempted with the hrly inside bar setup short, entry will be around 850.

 

[wasp]

API to go?

Ahhh that makes life a bit easier. API all set up and done me proud today

Leaves me plenty of time to concentrate on on our Nordic neighbours who have kindly just cleared this months and nexts minimum income so happy is an understatement!

Now if I could only learn how to trade the markets instead of using these MA's to find shortcuts. back to UK stocks and shares to try and get me head around this price and volume malarky

 

[ChowClown]

..NOK still powering south i see. Did you write your API, wasp?

 

[zuke]

I have been filled on the following trade:

SHORT 1.8870
Stop 1.8915
Target 1.8750

Still short on USD/SEK from 2963 - currently +339

 

[wasp]

Yep, bought a book and CD thing of Amazon at the end of last year and it took me 6 months just to get my head around that!

 

[ChowClown]

Hi zuke, who do you trade USD/SEK with? Oanda don't offer it.

 

[ChowClown]

Yep, bought a book and CD thing of Amazon at the end of last year and it took me 6 months just to get my head around that!

Credit to you. Which broker are you using for that? Did you use Java?

 

[zuke]

I have been filled on the following trade:

SHORT 1.8870
Stop 1.8915
Target 1.8750

Still short on USD/SEK from 2963 - currently +339

Scratched this Cable trade for -9. Not happy with price action yet. Need it to settle more before I go short.

 

[zuke]

Hi zuke, who do you trade USD/SEK with? Oanda don't offer it.

I SB it with Capital Spreads at the moment, but will soon be moving to IB.

 

[hornblower]

hit the fib line at 8893
next target 8921 ?

 

[trendie]

Close out first lot for +89.
Move stop-loss on remaining 2 lots to 1.8780. (b/e)

EDIT: 3-pip spread included, so the +89 is a net figure.

Lost my nerve!!
bail out second lot on 1.8900 for +120.

Excuses:
01: 130 pips is about the average daily range.
02: ChowClown seems to have found the ideal exit at 16:00.

209 for today. ( 209 / 3 lots = 70pips, assuming third lot goes out at zero. )

 

[City Bound]

NOK, will it keep puching on? It's gained about 900 pips today against EUR and has had a look at 8.3000 already today.

 

[wasp]

Credit to you. Which broker are you using for that? Did you use Java?

Its with Oanda and yep, used Java... I'll mail anyone the details for a one off fee off only £2'500 plus P+P. *

All done now and now 11 weeks ahead of myself in income terms... anything else now is beer money




* That was a joke before you start laptop1