Forex Day Trader's Thread

[Depth Trade]

Short Aud/usd .8605
sl .8624 2
risk is 1%

Stop adjusted to .8605

 

[Depth Trade]

Stop adjusted to .8605

Out .8605 scratch

 

[Pippy5000]

I'm debating on whether to get back in Euro again right here or to just use a buy stop above 1.465 .. I think I'll let it come down more.

 

[bbc1183]

id let it come down a bit more... looks like no mans land right here. then again i do have a tendency to miss entry points haha. better safe than sorry though.

 

[Pippy5000]

I've already made big profits today.. no need to needlessly give it back I'll grab it at 1.458

 

[N Rothschild]

god who let depth trade in here

 

[cpngtw]

It's in a doldrums right now, no good to get in

 

[cpngtw]

god who let depth trade in here

who's he?

 

[Pippy5000]

I'm short ninja here at the 100hr

 

[bbc1183]

new highs for the year in equities, really impressive

 

[Pippy5000]

yep.. and I'm up 15 in ninja

This ended up being a good day.. I thought I would wake up and be stopped in Euro but support held like a stone wall through Europe.. thank god.

 

[Pippy5000]

I just got an interesting note from my broker.. In September there's been a monstrous 96.7% correlation between EUR/USD and US equities.. This implies that when US equities finally do correct they will take Euro with them.

fyi

 

[bbc1183]

been expecting the correction for a while now, just hard to step in front of this train. starting to feel like a top? or close to one?

 

[jgos2]

For anyone whos interested astrological signs suggest a top in market late Tues or early Wed. This particular aspect has not failed yet. Euro has until then to make gains. then its toast. earlier i suggested a definite fall this week. try tomorrow after more gains and a new high, this is when markets turn

 

[bbc1183]

haha, interesting

 

[justtradin]

Out .8605 scratch

I passed on the short, but I will let you know my entry when I do get in.

 

[Pippy5000]

I would only be willing to hold a short once it touches the dec highs.. otherwise.. yes, shorting would be spitting into the wind, especially when you consider the S&P yearly high posted today

 

[Pippy5000]

I'm going to scalp Euro short 1.4645 -20/+20 .. I don't see the resistance breaking in Asia.. Will remove the order if it isn't filled by the time Europe comes in..

 

[Depth Trade]

I passed on the short, but I will let you know my entry when I do get in.

(burp) OK, I'm waiting for it to break above 8624

 

[Depth Trade]

Here we go boys, just broke 8625