Forex Day Trader's Thread

[Jumpinjack]

Euro is pretty oversold here....
I might punt a long position

Still think we hit 1.4000 very soon then lower and in coming days/weeks much lower. I`m only thinking about adding to shorts none long...!

 

[SSINGH]

Still think we hit 1.4000 very soon then lower and in coming days/weeks much lower. I`m only thinking about adding to shorts none long...!

my short still running....will let it run until i think its exhausted....

I was thinking about going long for a oversold possible bouce....

 

[Jumpinjack]

1.4000

Euro is pretty oversold here....
I might punt a long position

Almost there..!!

 

[cpngtw]

I'd say any long position on euro should be a short term one, it has the potential to drop to 1.36

 

[tripleogstar]

there is good support for eur/usd at 1.40. if you wana profit of other people's profit taking then thats the level to get in

 

[cpngtw]

to be safe I'll just get up to 1/2 of the last down movement

 

[cpngtw]

equities about to bounce up

 

[Pippy5000]

Who would go long??

Yo momma!

I only went long to prove a point that I'm so rich I have money to burn... -15 for the day and loving it!

 

[cpngtw]

I'm

 

[cpngtw]

I'll get out @ 14070, otherwise will stop out @-20

 

[Pippy5000]

I'm long AGAIN! hoping 1.40 holds

 

[cpngtw]

it may try to retest it at the end of H4 bar (12 pm est) . Let's see what happens

 

[cpngtw]

the lower point it could go is 1.383 @ 200sma H4

 

[Pippy5000]

if it does hold that will be a nice double bottom in Euro.. it will retest the highs at the very least with a nice double bottom in place.. I'll hold this trade until it does..

 

[Pippy5000]

I'm screwed

 

[cpngtw]

I think it wants to test the H4 200ma

 

[cpngtw]

did you get stopped out?

 

[tripleogstar]

you guys are all technical analysts and your going against your own core principle, never go against the trend. equities getting annihilated, would not want to be long in this market.

 

[N Rothschild]

your all fighting the market with these longs..forget the charts look at the bigger picture!

 

[cpngtw]

I'm doing a swing trade here, still alive with my sl just slightly below the H4/200. As I said I'll get out around 1.4070