Forex Day Trader's Thread

[Pippy5000]

I'm long down 76..

 

[Pippy5000]

seems overdone.. got two SMA supports right behind me.. this is an o/n trade.. irritating but time is on my side..

 

[cpngtw]

Not sure about EJ though, lots of S/R right at this area

 

[SSINGH]

i dont see any support here.....i think its going to be a plunge to 12800

I wouldn't get long or short here....EJ is too volatile...too sentimentally driven.

I would look to go long if and when it hits 12800....and short 13150+....otherwise i'm staying on the sidelines...been burnt by this sucker one too many times

 

[cpngtw]

EJ may bounce back to 130.5 or .6, try to get out?

 

[Pippy5000]

it's turning.. just an overdone stop run fueled by Nikkei weakness.. the rejection at SMA support was more convincing than the rejection at the highs..

 

[cpngtw]

On what time frame?

 

[Pippy5000]

EJ has double SMA support about 40 pips below spot.. it bounced before the lunch break and is following equities higher.. down 55

 

[cpngtw]

I'm off, night Pipp

 

[Pippy5000]

me too.. we'll see about EJ in the morning..

 

[SSINGH]

me too.. we'll see about EJ in the morning..

Pip....wake up dude...its time to get out of your EJ trade....

 

[Pippy5000]

is it?? My target was hit when I woke up.. banked 80 son!

 

[cpngtw]

Good call

 

[cpngtw]

is longing on GBP/USD

 

[Pippy5000]

I can't see our national flags anymore..

 

[cpngtw]

bank quick 70 pips

 

[cpngtw]

I can't see our national flags anymore..

Should it be the $ sign

btw have you seen Woodrow Wilson on the 100000 bill?

 

[Pippy5000]

what's wrong with ninja today? it won't follow equities..

 

[Pippy5000]

buy stop EU 1.3808 30/30

 

[RidderTrade]

geithner has spoken, can cause profit taking in us equities