Forex Day Trader's Thread

[Pippy5000]

looks like a bounce.. long Aussie..

 

[wh92stang]

I'm still holding, my S/L is still below the pin, I might move it down a little further to avoid getting stopped out before it moves in my favor.

 

[cpngtw]

I have a feeling s&p will be up the last 1/2 hours leading to an up day tomorrow... just feeling

 

[cpngtw]

Not sure about euro pip & stang, it's due for a retracement anytime now and probably about .38%, then maybe another pause (& bigger if there is any) to upper 1.36 ??? before it resumes its upside path.... Hard to read it (all on H4)

 

[cpngtw]

Look like there is some buying S&P

 

[Pippy5000]

combined my trades are up 3 pips.. I'll stick with EU.. USD getting pounded today.

 

[cpngtw]

the last 15 mins S&P was up, I think tomorrow will be an up day ...

 

[Pippy5000]

Just got a trade recommendation for EU from my broker:

s/l 1.3715 t/p 1.436

 

[SSINGH]

Just got a trade recommendation for EU from my broker:

s/l 1.3715 t/p 1.436

Pip...so whats that a long at 1.3715...with a TP 1.436???

 

[Pippy5000]

they are long 1.3865

 

[SSINGH]

they are long 1.3865

dude thats a big stop loss.....

 

[SSINGH]

dude thats a big stop loss.....

........here's what is see

 

[Pippy5000]

it's a swing trade not a day trade.. don't put $100,000 on it

 

[SSINGH]

it's a swing trade not a day trade.. don't put $100,000 on it

ok...

I have a short on EJ.....

 

[cpngtw]

You mean 100 lots (10M leverage of 100K)? 90 may do it

 

[cpngtw]

ok...

I have a short on EJ.....

is it a short short or a long short

 

[SSINGH]

is it a short short or a long short

mmmm...it just a short!...

 

[cpngtw]

hehe just kidding what's the time frame of the short

 

[SSINGH]

hehe just kidding what's the time frame of the short

i went short off the 15 min time frame....

short at 13110...s/l 13150

I think it will drift lower to 13050.....and then move up above the resistance that it has struggled to hustle all week....see chart.

 

[cpngtw]

yeah small time frame maybe ok