Intraday Forex traders thread

[JER08]

Out at 2415, original stop 2535. Will short again later.

 

[ChowClown]

...anyone on cable atm? Keeping an eye on this morning's support (8360ish) on the hourly chart, a couple of dojis up there now. BoE at noon and US jobs (13:30) might tip the balance.

 

[JER08]

Cable - Pending news may be insignificant so likely to whipsaw in horrible range for the rest of the day,don't look like a good setup to me at this minute.

 

[Mornington Crescent]

cable ?

its time for a bit of a rally - but it may be half hearted.

waiting for a higher low on 5min

 

[Mornington Crescent]

did you catch it ?

 

[JER08]

shorted swiss 2411, should've longed cable instead as there's more pips.

Out 2401.

 

[ChowClown]

wd doublesix A useful nudge.

 

[JumpOff]

The forex chat room is active also.
JO

 

[Satori]

Respect to you guys that can trade Forex.

I'm reasonably successful trading stocks but I'm afraid any ventures into Forex always end in disaster for me. I'm trying to develop the 'feel' for it that I must be missing, so threads like this are useful as I can look at what others are doing and see if I can see what they see on the chart.

 

[Mornington Crescent]

careful Satori
we all trade different time frames and that could be more confusing than helpful.

 

[Ayman]

You closed the trade Satori?

 

[Satori]

You closed the trade Satori?

No, sorry. I'm not actually taking these trades, just trying to get a feel for how they're formed and why it is I can do okay with stocks and commodities but not Forex.

 

[jezza888]

H&S

Looks like it could possibly be a head and shoulders on the way?

 

[jezza888]

down she goes.......

Happy days....

 

[jezza888]

and hit!

I find this one of the easiest chart patterns to read, just need to remove that oscillator now...

Got to love the easy days though :cheesy:

 

[jezza888]

Anyone know what caused the spike just now?

 

[YachtFund]

Rita might miss the refineries, weather update I think.

 

[jezza888]

Cheers Yachtfund, just wiped out 50 pips profit in 3 seconds, thankfully the stop was in profit... gotta love FX!

 

[jezza888]

Looked promising this morning!

 

[JonnyT]

Yep,

I've taken 60 pips in two shorts

JonnyT