The moral of the story is - don't reinvent the wheel video

Spot FX Day Trader's Thread

I do my own levels, bog standard OHLC based on yearly, quarterly & monthly, sometimes weekly ones. Equity investors face tough time next week, already analysts are making structural comparisons to crashes of 1929 & 1987. So far they are almost ...

Spot FX Day Trader's Thread

Pro trader, proprietor of Neoticker. Very humble & helpful man.

Spot FX Day Trader's Thread

1.16 zone last stop 4 Euro on the way back to parity with USD.

Spot FX Day Trader's Thread

Next week ought to be good, DOW @ weekly support which has held so far, but some wish not to hold positions over weekend & perhaps rightly so. L Chan suggested that Summer will be volatile range & come October markets will go into a huge sell off ...

Spot FX Day Trader's Thread

didn't it roll out around 1:1?

Spot FX Day Trader's Thread

Filled short 1.2110

Spot FX Day Trader's Thread

Pretty much, but reverse order is at a proportional rate to average range expansion. Meaning if I expect range to expand by x3 congestion, my stop ought to be congestion range.

Spot FX Day Trader's Thread

I use stops just outside daily range, megaphones are rare on daily time frame.

Spot FX Day Trader's Thread

Looks like they will push for reaction lo retest tonight, I got a sell order @ 1.2110

Spot FX Day Trader's Thread

36 London

Spot FX Day Trader's Thread

Euro looking weak

Spot FX Day Trader's Thread

Re Euro daily, logically upside breakout that's probable ought to be a fake one, but who knows which level it will stop at, so I am planning to make a either way bet based on extreme levels reached day before yesterday. It looks like upside break is ...

Spot FX Day Trader's Thread

Thanks! It was a trade around main short position.

Spot FX Day Trader's Thread

Closed 1.4746 +328 pips

Spot FX Day Trader's Thread

GU expected to test 1.478 & possibly stop run into 1.5 (daily channel).

Spot FX Day Trader's Thread

Happy B Day! Regarding wide stops. If likelihood is high, but noise is also high making a narrow stop low risk trade, then it is prudent either to wait for a low risk opportunity or use stops outside of noise. Both methods are quite kosher It's a ...

Spot FX Day Trader's Thread

1.27? Daily DX's 50% is around 83.7, IMO DX is looking retraceable towards that zone

Spot FX Day Trader's Thread

Good trading! Whoever is doing it keep kicking da pound, 1.478 needs a test.

Spot FX Day Trader's Thread

Gone, like a fart in the wind

Spot FX Day Trader's Thread