Search results

Seems that 1.3350 is being capped - quite clever. I think the jobs number was just perfect - adding the uncertainty needed into this mix, and it will make scalping a little easier.

Hehe, I was long USD on demo spot trade USDJPY. It was just getting into profitable again. Funny. This clearly shows a little caution about the current price levels. It is also a friday, although I think more apathy will set in early today. After the european close it will probably be quite...

Many market players seemed to set up for a disappointment in the number. I wouldn't be too surprised if the EURUSD still ended up below 1.3300, though. Just look at the selling of the spike ...

I wouldn't exactly short Gisele Bundchen etc. ... :) I have little idea about CAD, but generally short USD long term. Also look out for bigger german/EU exports if they lift the ban on arms exports to China - like the chinese want. The US is upset about it - but they dumped the USD on the...

I'm in Brazil - close to the equator, and it's 31 deg. right now. Many russians like Portugal - I guess it's around 17 deg. in Lisbon right now; one of Europe's nicest capitals. Seems NY names were running stops and setting the playing field ahead of NFP numbers. Getting above 1.33 was more...

Seems it was more of the latter, but I still got 4 and 5 ticks out of the EURUSD. A little calmer now, and it would be nice to know if this only was jitters or if someone fought some over these swings. Thomson says NY names sold USD, while japanese bought - perhaps explaining the juggling.

Mid or upper 1.3280s probably nice short opportunities, but what do I know ... USDJPY just bounced (JPY sled) back to around sub-1.3280 area compared to EURUSD. OR USDJPY might be a buy, but I think the former. Seems a MM has some kind of epileptic attack or something - toggling offers every...

Right you are! It's 28 deg Celsius here now (will get around 32-33 today), and enough coconuts to feed a small nation ... just turned on the pump filtering the pool. Even got time to do 4 small scalps for 2-6 ticks as well. Got to sharpen up that scalping blade before the last big number of...

Doing some scalps on spot demo now, but it seems so easy that I'm tempted to do the futures again ... But conditions now are not that favourable for my kind of scalping by tape-reading. Maybe I should try the book-less scalping a little, and see if I have a better "feel for scalps" that way...

Nothing automated with regards to stops .. that would be just as challenging as managing the target I think - i.e a fully automated scalping system. I'm totally manual - but I get signals on activity - although they're inherently pretty simplistic. Joining signals for currency pairs is the...

It was just something I had played with - moving stop according to profits - almost trailing - but moving it both up and down according to how I see the market intentions and potential. So, I guess it's something similar. I set the stop for a tight loss initially and move the stop into profit...

The "adaptive stop" was to secure profits - and they only came in at +2 ticks ... This smells a little of running stops and "revenge-trading" so signals will probably be murky right now. Better relax some more - be happy about +21 in 2 trades and avoid the chop.

I am thinking about doing a little position here - for some tens of ticks downwards .. but with a new "adaptive stop". :) It was mid 70s ..

We can always rely on Jamie Coleman at Thomson as the conductor of the septic-rumours: "Rumours ECB checked rated on way down - Dealers note talk that the ECB checked rates as the EUR started to keel over of it's own accord. It has fallen as low as 1.3238 before pausing for breath. Dealers...

You should remember to wear your seatbelt - i.e stop limit - at all times and don't push your luck when you get into losing with over-trading. The problem now is that it will settle down - and you can't make up what you lost. It could take on another slide - but certainly not a bounce. This...

This might not be a falling sword - but an avalanche .. they move thousands of tonnes at around 600+ km/h ... :) In my opinion some big-haired guys were pressing higher, but some sentiment was changing - and the Trichet talk along with the BOJ calling and asking dealers has set it's mark -...

Citigroup - the world's biggest forex dealer on Bloomberg breaking news - saying they cut USD forecast .. seeing much more USD weakness. Hahaha :D They see 1.35 in 3 months I think it was and 1.40 in 12 months. Not every day that a USD downgrade is "breaking news" interrupting normal...

Now some USDJPY highs started a new wave of pressure .. US Feds buying feb 2007 to feb 2008 trasuries as well to add reserves - third time this week. Bids due 16:00 - EST I guess. edit: now oil prices are being accepted by the market as the reason for correcting some ... a nice comment on...

Seems EURUSD and GBPUSD tangoed the USD higher. Will be nice to see EURUSD below 1.3300 again - a very nice place for tomorrow's NFP. edit: Guess next time I better catch more of the move too - especially when getting it right from the top. A 70+ ticks move would be a nice swing to take ...

Just closed +19 on that move downwards. It seems difficult to get those quick scalps now, but these kind of "tormented moves" seems to show some tug-of-wars prominent in the market. That is interesting with regards to overall sentiments. :) Wonder if it had anything to do with the rumour...