Forex Day Trader's Thread

[elitejets]

I am looking for price action to sell double top in Gold at 1030.
See Dec07 high

 

[Countvonaltibar]

shorting eu from 1.4527, not convinced this rally up to here will hold. Famous last words...!

 

[bbc1183]

just took profits on eur long. looking for another pullback to 1.446-1.445 to get long again.

 

[Tuky]

shorting eu from 1.4527, not convinced this rally up to here will hold. Famous last words...!

Better get out

 

[trader_dante]

One wants to be long EUR/GBP.

I'm long 0.8733 looking for 0.9085.

Bought some more this morning at 0.8768.

Looking for 0.8870, 0.8915, 0.9050 and the big target still at 0.9085.

 

[bbc1183]

i also have an offer out to short euro at 1.465

 

[trader_dante]

i also have an offer out to short euro at 1.465

Will be looking to be a buyer of Cable if we can take out 1.6560 convincingly.

If 1.6600 is taken, prepare for fireworks.

 

[bbc1183]

agreed, not convinced it'll happen today though

 

[cpngtw]

Out +100

Good trade vinny!

 

[cpngtw]

foei cp .. no it will not.. the max will be around 1xxx but not 11xx

Ridd! Where have you been? 12xx-13xx is not for next few weeks or months, but I think it'll make it sometimes next year, probably around mid year. Maybe wrong though

 

[Pippy5000]

I'm shorting Euros at 1.4615 .. I'm now long ninja and it seems the Japanese gov aren't interested in intervening this time... not good

 

[firewalker99]

Hope you are all prepared for the coming Euro rally.

Of course they were all prepared, because I told everybody in March EUR would go to 1.50

Some were still thinking of parity back then...

 

[bbc1183]

was not expecting this move in eur today.... but i think it is def looking a little extended... im going to try a short once it looks like its stopped going up.

 

[poborsky]

I'm shorting Euros at 1.4615 .. I'm now long ninja and it seems the Japanese gov aren't interested in intervening this time... not good

man you have got balls of steel.

 

[cpngtw]

I'm shorting Euros at 1.4615 .. I'm now long ninja and it seems the Japanese gov aren't interested in intervening this time... not good

It's retracing pippy. 91.9 maybe

 

[vinicius]

I'm shorting Euros at 1.4615 .. I'm now long ninja and it seems the Japanese gov aren't interested in intervening this time... not good

It is not the same people who intervened last time Pippy..

 

[bbc1183]

1.46 going to contain the euro for now?

 

[cpngtw]

1.46 going to contain the euro for now?

Not so fast, 1.4660 - 1.4670 in the next few days

 

[bbc1183]

once again, agreed.... looking for short term trade opportunity. think its ready for a pullback before it heads higher through those levels. to me this looks like the end of a fifth wave, would expect a slight correction before heading up to test 1.47. but must stress it is a very short term trade and not looking for a huge move. i had originally wanted to bid for it at 1.445 but the strength of this move up makes me question whether that will get filled.

 

[Pippy5000]

I'm figuring it will take out stops above the 1.46 barrier and run up to 1.462, fill my order and I can grab 60 on the pullback before the move upward to 1.47 .. I'll put a bunch of leverage on a short Euro trade in the 1.47s