I appreaciate that holding periods are different, though those 3 points are applicable to any time frame. Stops have to be outside noise, as new hi or lo is less likely than a re-test of any level within a range. If you go for high risk entries, for ...

Spot FX Day Trader's Thread

The reason I don't commit size to intraday trading is mainly to do with lack of reliability factor in electronic trading. Probability wise I do prefer longer term charts (daily), but do not dispute that intraday probability can be quite profitable ...

Spot FX Day Trader's Thread

Short 1.5207 sl~1.5220 keeping small size 1.5220 is upper channel on Daily, I failed to pay attention to it in last trade

Spot FX Day Trader's Thread

triple rejection on 1m now at 1.52 get down here!! EDIT -25 -12 -26 +187 -31 -25

Spot FX Day Trader's Thread

Short 1.5185 sl ~1.5200 keeping size small as based on intraday oscillations 1.52 is a strong test IMO

Spot FX Day Trader's Thread

Daily in GJ suggests downside.

Spot FX Day Trader's Thread

I will be initiating a position in ES today or tomorrow.

Spot FX Day Trader's Thread

When you see a 2nd failure swing on daily chart that would be a good indication of trend exhaustion.

Spot FX Day Trader's Thread

-31

Spot FX Day Trader's Thread

Short 1.5121 sl~1.5145 small size

Spot FX Day Trader's Thread

-12 -26 +187

Spot FX Day Trader's Thread

Last long went -26 long 1.4906 sl ~1.487 keeping it very small size

Spot FX Day Trader's Thread

Monthly close below yearly low, that was expensive day for options market makers. If this week now closes negative too that will be a clear break down of yearly low, q2 low, monthly low & weekly low.

Spot FX Day Trader's Thread

Long 1.4953 sl~1.4933

Spot FX Day Trader's Thread

Very small size intraday, to kill time. Short 1.4971 sl ~.4980 EDIT -12

Spot FX Day Trader's Thread

IMO top should be made around this zone, with an ultimate 1.52 previous daily support ought to act as 'brick wall'. My vola analysis points to range expansion nearing day by day. I am more interested in selling upon 2nd failure swing just below ...

Spot FX Day Trader's Thread

Need a failure on daily chart, I don't sell into strength, try not to.

Spot FX Day Trader's Thread

Getting an itch in my fingers to short GU, soon.

Spot FX Day Trader's Thread

Referee is a wanker!

Spot FX Day Trader's Thread

I will be shorting it soon. Have a nice weekend. Went swimming in the Med today, it was awesome.

Spot FX Day Trader's Thread