Forex Day Trader's Thread

no im expecting some defense of this head and shoulders and wouldn't be surprised by a rally up to the descending top trendline on the daily

really? i dont think it will make it that far.

if this crashes through the floor maybe i will be starting a x3 inverse genics fund :smart:
 
I think euro will not go anywhere outside of its current trading range for another few days, probably 'til the end of the week. Range is approx. 1.384 - 1.414
 
got 70 on an o/n EU short.. thank God I t/p'ed because it looks to have run through all SMA resistance and touched 1.405.. I wish I would have been awake to short again there.

scary trading conditions right now.. sell stop 1.394 .. looking to get 30
 
I think 1.40 level will take some breaking now, I will look for a retest and short down to 1.38
 
I think it will pay to respect 1.388 - 1.405 unless S&P drops below 880.. it definitely won't today.
 
Unless it drops below 880 those last minute buyers of the index will keep popping out of the woodwork..
 
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