Forex Day Trader's Thread

[Masquerade]

who knows could be some front running on leaked data

What was your previous alias? Really bugging me as it's slipped my mind.

 

[N Rothschild]

"the only thing that i have heard is a very large buy stop in the swiss franc that is taking the other currencies along for the ride (from a cme floor broker). but i have a hard time believing that is the reason for this"

from my broker

 

[N Rothschild]

What was your previous alias? Really bugging me as it's slipped my mind.

genics

 

[N Rothschild]

usd index cannot drop below 77.75 , if it does ..the dollar decline is Extending
and we see one more leg lower..

scary if it does..i think the fed will intervene if it does. a weak dollar is to damaging to the us right now

 

[Masquerade]

genics

Thanks, i'd never have remembered and it was going to drive me even more crazy after losing out on 60 pips

 

[N Rothschild]

i still believe we are on the verge of a monumental usd rally..but how why when and where i cant say..

 

[Pippy5000]

My broker says that oil rising was the reason for the stop run.. there's also -20% normal volume today.. traders still on vacation..

 

[cr6196]

i still believe we are on the verge of a monumental usd rally..but how why when and where i cant say..

i agree, it is gonna be really wild i think, but i think we are gonna need to go above 1.66 on cable again if it is gonna be a big one...maybe....

 

[Masquerade]

i still believe we are on the verge of a monumental usd rally..but how why when and where i cant say..

So with that great information what are we supposed to do master?

 

[N Rothschild]

scale into it

 

[bbc1183]

have to point out that the 1.4450 highs are still intact. worth shorting with a stop up there?

 

[Masquerade]

scale into it

Yeah, sure - only thing is what if this monumental USD rally is from 1.80 on cable down to 1.69 and we're holding an average of 1.65. We're going to miss the boat. I think i'll be re-active instead of pro-active; I sleep better at night that way

 

[Pippy5000]

I'm shorting at 1.444 I'm not worried about losing 30 pips if it doesn't hold because my t/p will be pretty big

 

[Pippy5000]

I ended up 4 pips in the black today.. better than nothing.. I'm wearing my "I survived a silly stop run" novely t-shirt in honor of today's silly events

 

[cpngtw]

I ended up 4 pips in the black today.. better than nothing.. I'm wearing my "I survived a silly stop run" novely t-shirt in honor of today's silly events

good idea

 

[N Rothschild]

Yeah, sure - only thing is what if this monumental USD rally is from 1.80 on cable down to 1.69 and we're holding an average of 1.65. We're going to miss the boat. I think i'll be re-active instead of pro-active; I sleep better at night that way

im talking about a rally past 100 on the dollar index

 

[Masquerade]

im talking about a rally past 100 on the dollar index

ah ok - thought we were talking $ in respect to other currencies seeing as we were talking about eur/usd.

N00b question here: How can I see the dollar index, without having to pay?

 

[vinicius]

I was doing this..

US Dollar Index

 

[cr6196]

its also on broco trader version of mt4 and on ninjatrader demos

 

[RidderTrade]

cpppppppppppppp

good idea

cppppppppppppppp