Very brave and a nice spot. I hardly look at that chart its such an ugly trade normally. I shorted USDCHF instead of buying EURUSD and this isnt going to help it

Spot FX Day Trader's Thread

Yeah I am. It banged its head here at 138 but I think I like 139.00 or 140.60 better to short. Sunday night / Monday morning will be interesting.

Spot FX Day Trader's Thread

I forgive you Count! Pippy what level do you think for EURUSD? 1.3850 or 1.40? Nicola

Spot FX Day Trader's Thread

Pippy I think we should go to bed. Nothing is going to happen til the US session tomorrow.

Spot FX Day Trader's Thread

I agree

Spot FX Day Trader's Thread

You would like Great Big Sea Pippy, even though they are Canadian. video

Spot FX Day Trader's Thread

Thanks guys and bye — I wanted to say thanks and let you know I won't be around in future. I really enjoyed my year on this thread and I learned so much along with all of you and really grew as a trader. Pistol Dave - stop beating yourself up ...

Strat's Long Term Stress Free Trading

G-L Pippy! I think these markets are pants. The only thing that cheers me up is that we are likely gearing up for a big move. I'm staying out of USDCAD for now, I want to see it get above 1.03 and hold there and then I'm in.

Spot FX Day Trader's Thread

I don't know what Peter would say but I do know a lot of professional traders (floor and professional scalpers) who don't enter stops with their trades. That is not the same as not having a stop. They all have a mental stop that they use and they ...

The DIBS Method... No Free Lunch continues

Yeah. That could be a very nice, very symetrical, very reliable, diamond top like the one that worked so well on cable weekly. I am not going to call it that other term because it invites hysteria. The indices are going to fall when the last of the ...

Price Behaviour Trading - Gossip and Banters

Gold — Nice one Ams! (& Samer)

Price Behaviour Trading - Gossip and Banters

I know most people are watching EURUSD but I am finding USDCHF easier to see without bias. I am watching USDCHF for a break up through the red trendline from the November highs on this weekly chart. The way we are hugging up to this trendline makes ...

Silent Service Method

Crude — For me, because of the time of day and the fact we moved up without testing 80 means we are going down again. I won't buy unless we get back above the TL

Price Behaviour Trading - Gossip and Banters

No there is no spot crude, unless you actually want some delivered The Nymex pit hours are 09:00 to 14:30 NY time (14:00-19:30 london time), so starts half an hour before stocks but I guarantee you those pit traders are in an hour before that and ...

Price Behaviour Trading - Gossip and Banters

If 80 holds and it powers back up then thats right, its a good long entry. It does depend on the indices which I always think is funny because I speak to so many indices traders who say the indices follow oil.

Price Behaviour Trading - Gossip and Banters

It looks like mine and the trendline has gone, you are just going to have to manage it tightly because 80 is a big level. Watch what happens in the next hour or so. If they are going to take it down in the US session then there will be a spike up to ...

Price Behaviour Trading - Gossip and Banters

Yeah thats a nice trade Samer, I almost did it too. I am watching that trendline from the beginning of Feb low. If that goes then I'm not sure its so counter-trend. Gold can be ugly but when it has momentum it really moves. I often like silver ...

Price Behaviour Trading - Gossip and Banters

Thanks all good points. I only ask because I get sucked in to it sometimes myself, its easy to do.

Trend Trading Chart Thread

Haha crude and gold are my favourites. Just another way to trade the USD. Crude is like GBPJPY, a bit of a beast but much more respectful of round numbers. If you can trade JPY crosses you can trade crude no worries. The best thing about commodities ...

Price Behaviour Trading - Gossip and Banters

Haha you managed your EURGBP trade way better than me. I like the level on USDJPY, I am not calling my short a scalp ...

Price Behaviour Trading - Gossip and Banters