Currency trading (Sept. 4th > 8th)

[coolTrader]

There is a God!! My -20 EUR/JPY trade just went to +67 within 30 secs!!

good one got the jpy from 92 but came out too early as I did not expect that much drop... Still not bad
:cheesy:

 

[martin brown]

my 15 min chart shows its still a short
just waiting

cable or eur/jpy ?

 

[hornblower]

cable

 

[zuke]

There is a God!! My -20 EUR/JPY trade just went to +67 within 30 secs!!

+100 pips taken 80% of my size and still going!!

 

[wasp]

Hmmm cable having issues here, far too many of those spikes on the 15m... If this drops below 800 my weekend will become 4 days

 

[zuke]

Hmmm cable having issues here, far too many of those spikes on the 15m... If this drops below 800 my weekend will become 4 days

I shall be joining you mon ami! Just closed out EUR/JPY trade for +112 pips! That is next weks pip target sorted and this months £ target reached.

I will be trading only mini lots for the rest of today and will take Friday off.

 

[martin brown]

Its all a bit spiky

lol, cable turns into a spread trade of usd/jpy & gbp/jpy, add the uncertainty of BOE & blair into the mix and....

 

[martin brown]

German Industrial Production due at the top of the hour.

 

[hornblower]

I shall be joining you mon ami! Just closed out EUR/JPY trade for +112 pips! That is next weks pip target sorted and this months £ target reached.

I will be trading only mini lots for the rest of today and will take Friday off.

well done zuke and wasp
nice to see you have made money, so soon in the day.

edit I see zuke has been up since 4 am so he has done 7 hours already
even so well done

 

[Offshore Trader]

Personally, I find these days when the crosses dominate hard to trade. It's all EUR/GBP and EUR/JPY today and although I've made some money from the JPY I have lost by cables inability to follow EUR/USD down.

 

[martin brown]

German Industrial Production due at the top of the hour.

as expected. yawn....

ok, now we wait for the BOE announcement at midday.

can someone please wake up mr.blair...

 

[Offshore Trader]

Squared most of my position on that dip and +ve for the day Remain small short ahead of BOE although don't think that will do much unless there is another surprise (astonishing!) move

 

[martin brown]

bullish reversal hammer on the 15min chart?

 

[coolTrader]

Blair to make staement about 2pm and 3pm...

 

[martin brown]

Tony Blair"s spokesman says the PM is "highly likely" to confirm reports that he
will step down within a year when he delivers a statement between 13:00GMT and
14:00GMT today (Reuters). Blair is "not contemplating" an immediate resignation,
according to the spokesman.

 

[coolTrader]

Let this baby moooooooooooove YIpeee

 

[coolTrader]

can it make 1.8698???

 

[martin brown]

bullish reversal hammer on the 15min chart?

nope, just another bull trap suck in!!

 

[coolTrader]

I dont like this holding area ... trying me out... Look for a reversal or another entry

 

[Offshore Trader]

It's early yet but a daily close below 8775 would be bearish going forward IMHO