Fx futures Journal

Quote from m4a1:

coup in thailand. how's the baht doing? does anyone know?

Edit: started a new thread on this
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Yes, I don't know. I don't look at it and don't trade news. Good Luck!!
 
Quote from Buy1Sell2:

Also, it is still 3 hours from what I call "dead market" so there is plenty of time for action (if daytrading) on the short charts.
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Dead market time hasn't produced a dead market. This move downward today late in the session should be viewed as significant.
 
I imagine there will be movement later today. I am staying short based upon my weekly charts. Euro FX, Pound, Aussie. Stops well away( and I mean well away) from the market where "noise" will not hit them.
 
I went long the Pound, Euro and Yen on some techincal entries earlier at around 7:30 AM or so and scalped for profits on each. I am sorry I did not get to post in real time do we could discuss it as I was doing a few things at once.

Of course I should have let them run with stops lol....
 
Quote from optioncoach:

I went long the Pound, Euro and Yen on some techincal entries earlier at around 7:30 AM or so and scalped for profits on each. I am sorry I did not get to post in real time do we could discuss it as I was doing a few things at once.

Of course I should have let them run with stops lol....
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Yes--trailing stops would be better I think. However, you nailed some profit? Right now, I am trading for position only, but will take a good looking intraday when it appears--that is if I am at the keyboard.
 
Ok. Out for the rest of the day-- Walking away from the keyboard-- Got things to do, so I'll just remain with the positional short positions. Good luck to all!
 
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