Intraday FX Player

[Mr_Black]

closing my yesterday long P/L+46 pips

 

[tom123]

You are correct CVDS.... I saw the critical point was the s/r at 1.5517 and breaking 1.5538 area. and the strong bounce from 1.5492.
it was a retrace.

right now , euro has been in a "holding box" from 1.5577 to 1.5597.....

 

[cvds16]

people are probably waiting for the FED

 

[Willleung]

Morning guys

Due to a tropical storm HKEX closed the morning session and will start trading at 2:30. .

was hoping for a day off for a moment, LOL

 

[magicdust]

Morning all.

Game plan seems to be up today from the 4HR and 1HR, potentially nice long is on.

 

[kalzayani]

CF..GM
Been short since da day before will cover soon Maybe at 1.5450
longing at at 1.5420 today Target 1.5700

cable Longs at 1.9550 to 1.9530
Target 1.9850

Hope that works
gl

 

[CFerret]

Afternoon all!

Big day today, but guess the most action is going to be late at night when Fed will release it's rate decision.

 

[kalzayani]

I Just longed eurusd and Cable
will long eurjpy 156.80
Target 169.8

 

[kalzayani]

Quote from CFerret:

Afternoon all!

Big day today, but guess the most action is going to be late at night when Fed will release it's rate decision.

I agree CF
eurusd seems to want to drop from 1.5700 to 1.5380

I doubt will do a new low today or lower then 1.5530

 

[Willleung]

FXCM HK office just gave me a call, as a fellow up to the demo account I had with them.

I told them they are not competitive enough (in terms of spread), they have a desent platform etc etc.. And we talked about vola over different hours and why it is hard for local (Hong Kong) traders have a hard time having a life and trading spot FX and FXCM's reputation in the US (which he took it personally) and their competitors such as IB and some local brokerage..

The young gentalmen ended up telling me that different clients looks for different things, their clients are OK with their spread (obviously), and many of them have a day job, and trade at night etc..

mmm.. pretty much tell you kind of vitims they are looking for.. ROTFLMAO

(CV, you are a person in the industry, pretty much a pro and you appreciate the risk and opportunities in the market, not those get rich quick and buy and hold white collar type that Spot FX firms looks for)

The young gentalmen also said the trades with FXCM would be send to investment banks and not deal through the FXCM US office. This might be false advertising/misrepresentation, but let's give them a break, I wasted 16min of his (and my) time already..