Forex Day Trader's Thread

Check this out..

doubletop.bmp


short limit order 128 convert to buy stop 128.25 is the perfect trade..
 
Trip,

I quit using trailing stops.. I get screwed by them 9 times out of 10 .. better to just put your stop behind r/s and leave it there..
 
I prefer a quick gunshot to the head..

EUR/USD is like watching trading in slow motion.. its moves are tiny and measured and slow..
 
Don't worry we have last 2 hours of NY trading shenanigans to spice things up.. I sense shenanigans are on the horizon..

don't worry though.. the 1.3035 is like stone wall

[gulp]
 
the dip below 850 was mirrored by EUR/USD dropping below 1.30 .. we could really use some negative equities..

http://finance.yahoo.com/echarts?s=%5EGSPC#chart1:symbol=^gspc;range=1d;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined
 
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