Short EURUSD at 1.1340. Small position in an account other than my trade explorer (My trade explorer is an FXCM account and I took almost all of my money out and moved it to TD Ameritrade where I'm now trading currencies in an insured futures ...

EURUSD

Yes indeed! Was a very good day! Am taking day off tomorrow to trade. Should make more trading than I do working....

EURUSD

Good point. Another good reason for CHF to weaken against the dollar.

USD/CHF

Swiss National Bank will continue to intervene, just not with a PEG. They can't afford for their currency to be this strong. They are probably targeting EURCHF 1.10. Negative interest rates, SNB intervention to weaken CHF and poor economic ...

USD/CHF

Yes, that gap. I closed this morning as it looked to retrace lower. May open again soon. Will see what happens when US market opens.

USD/CHF

Long USDCHF (2 positions) at about .86127 average price. Wild oscillations have settled somewhat and CHF way overvalued. Gap will fill. I'm looking at target 1 of around 0.91.

USD/CHF

I did put in a wire request to withdraw almost my entire account balance about an hour before the news hit the wires. Got an automatically generated generic email acknowledging request, saying it could take up to 5 business days to process. I'm not ...

FXCM Discussion

I notice that "Jason Rogers", the FXCM Brand Ambassador, has unsubscribed from this thread. As far as I can determine, as of Sept 30th FXCM had client capital of 1.3 billion dollar. So now the client capital is down 225 million beyond what was in ...

FXCM Discussion

Wonder how much George Soros made on this one. Never trust a central bank to defend a currency. It can't be done.

The CHF tsunami - 15 January 2015

I usually trade intraday and use what most people consider to be very tight stops -- 10-20 pips. I usually use very precise entries. On these trades I was planning to hold overnight and take advantage of what I thought would be a sell off on worse ...

Dragon Riders GBP/JPY

GBP CPI coming out in less than an hour. Should be a nice catalyst one way or the other. Do you factor news into your trading strategy?

Dragon Riders GBP/JPY

Nice. 100 Pip round trip in just a few hours, on no particular news. Made a few percent, but man, don't know if it was worth it. I broke some rules on that trade because I new the market makers were going on a massive stop hunt and didn't want to ...

Dragon Riders GBP/JPY

Right now, this is the premier currency to trade for risk aversion/risk off, even better than AUD/JPY. When the fear factor rises, EUR will go lower and JPY will go higher. If we get severe stock market corrections in US/rising VIX, selling EURJPY ...

EUR/JPY

Man, I usually don't pay much attention to the market during the US afternoon. Was out running errands. Caught a little bit of that dip off 1.1950 but didn't think it would really dive until Asia opened up. Bounces off 1.1850ish support are becoming ...

EURUSD

Only temporary rise in EURUSD in response to disappointing US Factory Orders and PMI numbers. Suggests trend is still down. Euro area CPI numbers in next 24 hours will probably push EURUSD lower. Then FOMC minutes a few hours later will throw cold ...

EURUSD

OK. Best of luck trading.

EURUSD

I think you should read a book called "High Probability Trading" by Marcel Link. It's not specifically about FOREX, but it is pretty accurate. Another good book is "Wizards of Wall Street" or "The New Wizards of Wall Street". The bottom line is ...

EURUSD

If you have realized that, then you are on your way to becoming a successful trader. You have to understand the manipulation and account for it, or you will be toast. Interestingly, there was very low volume for such a big spike down, and a lot more ...

EURUSD