Forex Day Trader's Thread

the decline of euro however is in 5 waves.. which means.. the trend is down..
however, there will be some bounce near term, could be from around 1.30
but not sure

thanks and good luck
 
Sorry, went to go see Gran Torino with Clint Eastwood.. great movie..

I have my s/l at 1.507 t/p 1.441 on Cable

I always put a stop loss at 1.138 on USD/CAD "just in case"

if its trading that low the usd/cad , one should admit in early stage, that that one trade is wrong, actually putting in stopps like 50 pip away is a Get-Loss for sure :innocent:
 
PIP really does know what he does... i can surely see the experience dripping though the screen..

see ya PIP
 
1.23 doesn;t really look to fly down at this moment.. USD/CAD

still sees bullish on daily charts..
 
I woke up at 5AM, walked into my office, banked 200 pips on GBP/USD and went back to bed..

Banked USD/CAD .. right now..

Will be selling Euro and Cable rallies today..
 
USD/CAD red line just crossed blue line upward on daily stochastics and MACD..

buy dips..
 
it's lower than where I sold it so I don't feel too guilty.. S&P500 turned positive and is pushing USD/CAD down .. It is only pushing it down so I can buy it again ;)

I'm taking this thing to 1.30 .. The Canadian dollar has so much working against it in the coming months.
 
yeah.. but will be some kind of short term correction ...

i am driving of this place, see you on estimate after 2/2.5 hours

enjoy pip
 
i am back..;) you gone to bed Pip?

usd/cad still holding sharply..

quite a usd rally today ;)
 
Gone to bed?? it's 1:30 PM ..

I'm buying currently buying dips on USD/CHF at the moment with 2 lots.. I think this has the potential to move to 1.15 fairly soon although it will be a choppy ride.

Euro is getting really low and borderline oversold.. I think I'm on the sidelines until it reaches 1.30 and I'll check it out then..
 
Haj, yeah it was a joke.. remember Ridderrrrrrrrrrrrr is 9 hours later the time in Holland..

yes.. downside euro is limited in this sell off stage.

though it would be nice.. it if reaches 1.30
 
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