Forex Day Trader's Thread

[tripleogstar]

Yeah...

I suppose so....

I'm going through a rough patch at the mo...But I'm starting to come back...

A couple of losses really ****ed me last week...

But ONWARDS AND UPWARDS>>:clap:

don't worry mate, slow and steady wins the race. Just keep good risk management, never put on a trade which could potentially wipe out your account. Think about your trades, you do not need to trade everyday.

 

[Pippy5000]

I'm long EJ again.. I would be very surprised in the Japanese didn't have some equity strength tonight and a nice Yen selloff..

 

[STRTRADA]

Hey guys any reckoning on how the GBP news is going to come out at 9:30am GMT today..

 

[RidderTrade]

Hi guys

 

[tripleogstar]

no one trading today??

 

[STRTRADA]

Yea Yea I'm here

Waiting to go short on GBP/CHF.....

probably won't....

 

[SSINGH]

jusst put on a lasy trade...small stake...

Short Aussie....stop is at 8100

 

[STRTRADA]

I put a sell on cable at 16,300 SL at 16,360 ....

Fingers crossed

 

[SSINGH]

jusst put on a lasy trade...small stake...

Short Aussie....stop is at 8100

im short Euro too...position size is half my normal stake size....no stop in place yet....will add to this position if it goes well..

 

[SSINGH]

im short Euro too...position size is half my normal stake size....no stop in place yet....will add to this position if it goes well..

adding to Euro short....

 

[SSINGH]

adding to Euro short....

adding to aussie short

 

[Pippy5000]

long Euro looking for a retest of 1.40 .. where there was absolutely no follow through three times last night

 

[Pippy5000]

This equity rally seems very easy to kick the legs out from under it... it will fight like hell to move up and then the slightest twitch and everyone t/ps and it tanks..

 

[Pippy5000]

It always bothers me when equities suddenly make a move higher or lower and I have no idea why.. Does anyone know a service where they offer real-time commentary about the S&P and DOW?

 

[cpngtw]

how about from me? only 0.85 / month, 10 cents cheaper than you

 

[elitejets]

It always bothers me when equities suddenly make a move higher or lower and I have no idea why.. Does anyone know a service where they offer real-time commentary about the S&P and DOW?

I like tradethenews or ransquawk.
You can get a free trial from both and see if you think they are worth it.

Trade The News - Live Audio Breaking News Analysis and Futures Calls

RANsquawk - Real-time Analysis & News Limited

 

[Pippy5000]

GOD this choppiness is infuriating.. uhm no thanks CP .. thanks for the info Canuck

 

[STRTRADA]

Hey Guy's

Looking at GBP/CHF at shorting the mo...

Spreads a killer...
Any ideas if it might come down...any help would be appreciated...

 

[Pippy5000]

Only Brits trade GBP/CHF .. I don't even think my broker offers that pair

 

[Pippy5000]

By the way .. usually the pairs with huge spreads are for ballers and long-term types.. you have to use such a massive stop they aren't good for short-term trades or for those with limited margins.. GBP/AUD and the like I know of no one who trades it.. GBP/JPY is about as high as a go spreadwise.. it's usually about 7 - 9 pips at my broker and is a true BEAST

GBP/AUD is usually something like 25 pips at my broker