Forex Day Trader's Thread

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

that's what im talkin about. love that trade.
 
is this the first wave down in a small correction for the euro? if it is, i missed the chance to short... need a target to start buying.
 
maybe try the 50 hr SMA at 1.452ish .. if spot comes down much farther than that it will post a pretty ugly daily candle..
 
yeah oil might go down a bit after OPEC press conference tomorrow, but good support at 60$.

Euro will probably retrace to 1.4450 in the short term
 
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