Recent content by SquealTrader

BBC2 9pm tonight. Traders: Millions by the minute Anyone heard of the above documentary? Traders: Millions by the minute?. 2 part series documenting the lives of independent traders.

What a frustrating day its been with this Euro. I can't remember being stuck in a trade for so long. I trailed my stop lower so losses were limited but enough is enough. I had my stop at 13609 and was relieved when it got hit. Cable had a nice push to new lows and equities rallied at 1 point but...

Good morning guys. What a non event thursday turned out to be. Strong NFP numbers and 6 year low unemployment at 6.1% initially pushed this euro lower. 6.1% unemployment - What a load of crap! You have cities like detroit that are totally bankrupt and according to the data 93.9% of the entire US...

Stopped on Bund. Great push lower out of this range and unexpected considering 2mw's big event. There is a lot of nonesense on these website of traders with thier silly 80% strike rates and pennies to millions claims. My purpose of this journal is to highlight the frequency of how often a pro...

10 lots?! I'll have you know the size i trade on my sim is the stuff of legends! On my live its a different thing. If i don't get deer in the headlights syndrome then it would be nice to catch a short tomorrow if i can. basically will have my mouse hovering over the sell button waiting for him...

I really don't feel we are in easy trading conditions at the moment. This euro has not gone the way ECB have expected and 2mw is a nightmare of a day with drahgi and nfp. The potential for risk 2mw is huge. I think Drahgi is going to be mention those 2 dreaded words 2mw....Q E - and when he does...

Stopped. What an impressive push by the euro. What is Drahgi going to do to try and get it back down? Those were great levels i traded and it was also the 38.2 of the daily high to low. Crazy.

Im exiting this SP just before chicago pmi data. my stop was thoroughly tested before it found good support. Scrappy profits here but they slowly add up.

Morning, I have just been entered long this SP at 1950. This SP doesn't want to sell off. Everytime a sell off happens it is immiediately bought back up. Every selling push is another excuse for the BTD (Buy The Dip) crew to jump back in. my prediction is we will see 2000 by the end of July.

I've closed out this trade for 11 ticks. This is frustrating as this means im currently working with a 1:1 RR which in my opinion no trader can maintain profitability in the long term. The only way i am able to stay above water is if i lock down these big winners. Those dreaded losing streaks...

Ok we're hitting first signs of support here so my stop is now to scratch. it could really go either way from this point so am glad i got entered at 13651 but if price bounces back up from here then i will want out. Theres still the US session to trade as well in 15 mins so feel theres plenty of...

just had some bad durable goods orders and weak gdp data from the US. a predictable euro spike up which has entered me in short here up at the highs. I get confused these days if good news = bad and vice versa. i delayed getting entered when price first tested as wanted to see the levels hold...

Ive just come out of my bund short with a small profit. Price found solid support on 20th high @14608 and my profit target was just below that. now that we are back up here i no longer want to be against this trend. This might lead to a sell off in equities so will look for any opportunities in...

I have taken my cable trade off. euro pushing higher which will probably end up dragging cable with it. Nobody ever went broke taking a profit

Have been in both my bund and cable trade now for over an hour. Bund found perfect resistance at my entry but it is struggling to move down. I am aware that I am counter trending it as well so my stop is now at scratch. Cable trade looking a lot better. Again it found decent resistance at...