Forex Day Trader's Thread

[RidderTrade]

i would give a message to usa now, to continue its bailouts.. because it will make the usd rising and rising..

 

[RidderTrade]

as i messages in december here, the people will wind up and jump onto the usd..
they have no choice...

i predict officialy that euro will hit 1.15

enjoy your ride..

 

[RidderTrade]

i messaged... in december.. pound fall to 1.39 and euro to 1.30

these are the first.. main predictions coming true..

i am curious about future coming time..

 

[RidderTrade]

looks like PPT did some buying in the 79xx

 

[Pippy5000]

yeah a little cheesy rally in the S&P stopped me out at 0..

 

[RidderTrade]

did not know, you also did indices pip

 

[RidderTrade]

yeah a little cheesy rally in the S&P stopped me out at 0..

you are screwed..by plunge protection team.., its clear it would have bakdived...

 

[RidderTrade]

now its fallen again.. the PPT buyings get sold..

7960

 

[Pippy5000]

no, I don't do indices but Cable was moving in lockstep with the S&P ..

 

[RidderTrade]

commodities were mixed today..

 

[RidderTrade]

checked out usd index chart.. still looking very bullish.. no problem to continue blasting up from here

 

[RidderTrade]

hi Tripleogstar

 

[tripleogstar]

hi Tripleogstar

Hello Ridder

 

[RidderTrade]

good night trip

 

[welshandy1]

WELCOME AUSSIE BROTHER!

yep and currencies are correcting.. There couldn't be a better sell opportunity .. let them rally and then sell Cable!

thanks for the welcome guys, think Ill stick around and try and learn something about forex from you :clap:

I went to bed at 5am with a buy in place on GBP/USD, which had closed me out by this morning, and a sell kicked in, at 1.3825, which again was doing badly when I woke up this morning...

only problem is the hours I have to keep... cant manage trades very well. (but maybe that wouldnt be a bad thing sometimes... stops me closing out winning trades too soon!)

enough already, I really need some pips!
surely a sell is the way to go...?!

:|

 

[teojh]

maybe you could use a longer time frame? i also live in the asia pacific region, so i use the daily time frame, which is quite suitable.

 

[welshandy1]

maybe you could use a longer time frame? i also live in the asia pacific region, so i use the daily time frame, which is quite suitable.

hi teojh,
yes good point about daily timeframe. I guess I should aim at that, though Ive found that a very wide stop loss is needed to handle the daily fluctuations...

 

[teojh]

hi teojh,
yes good point about daily timeframe. I guess I should aim at that, though Ive found that a very wide stop loss is needed to handle the daily fluctuations...

get a good entry with 4hr charts and the stops do not need to be big. And even if you were to slp a standard 8 hours or so, u would miss 2 bars at most. Not significant. Maybe at major turning points you just have to tighten up/loosen up your stops before sleeping.

 

[tripleogstar]

Bounce back in sterling today, all depends on these unemployment numbers, I believe there should be a rally today, but there has to be a spark to set it off

 

[RidderTrade]

news doesn;t make any trends.. if sterling rallies after the news, it would have rallied anyway