Forex Day Trader's Thread

[Pippy5000]

How's that Reuters article looking now?

 

[N Rothschild]

good

 

[N Rothschild]

NYSSE is having all sorts of prboelms with its servers from the sell volume! 2day could be HUGE down day

 

[cpngtw]

end of week end of month

 

[Pippy5000]

Long Euro 1.4725

stopped -20 in UJ

 

[Pippy5000]

NEW YORK (Reuters) - A huge influx of orders prevented the New York Stock Exchange from disseminating quotes shortly after the start of trading on Friday.

NYSE Euronext (NYSE:NYX - News; Paris:NYX.PA - News), the parent of the New York Stock Exchange, said the delays followed "an inordinate influx" of orders received as Friday's session got under way. Later in the session, the company had to temporarily transfer quote processing to a backup system.

The exchange's quote delays caused some tickers to be locked, but an NYSE spokesman said "trades are still going through." NYSE's Ray Pellecchia also told Reuters the cause of the problem was still under investigation, and declined further comment.

Traders who declined to be identified said the interruption was caused in part by the early sell-off as well as by NYSE

 

[Pippy5000]

In American slang a womanizer is called a dog.. what is it in British slang?

 

[N Rothschild]

player

 

[Pippy5000]

ah.. well that's no fun, it's the same with us.. I thought it would something colorful like "gobber" or something like that

 

[N Rothschild]

well if u had asked for words for a bird who sleeps around coulda given u some colour

 

[Tiger21Invest]

With interest rates so low investors have been using the dollar as a funding currency for riskier investments. The bearish case against the dollar is that interest rates are so low and that the US will increase interest rates far after other major countries. The bullish case for the dollar is that the US and global economy is still not out of the woods and will experience further pain and declines in GDP. It is starting to look as if the US equity rally has gone too far too fast – over 80% of S&P companies having reported have beaten earnings by the S&P is down from its highs during this period. With the decline in the S&P, foreign exchange investors are becoming increasingly worried about risk and are starting to move back into the dollar. I’ve taken off my long euro vs. the dollar trade. Waiting for further data points until I go long the dollar against the euro.

 

[Pippy5000]

yikes.. stocks won't stop going down!

 

[cpngtw]

nice weekend guys

 

[N Rothschild]

spoos trying to rally into the close but getting shut down

 

[TAjammy]

yay im still short cable up 25 pips . Does anyone know any good fundamental/economic books for forex? just economic indicators,intermarket analysis/relationships to get me started on something beyond a chart of price

 

[N Rothschild]

try some of kathy lien's ones

 

[TAjammy]

day trading the currency market? i believe some fine fellow sent me a pdf of that

 

[N Rothschild]

yeh its not bad, covers all the basics of what moves fx markets etc

 

[Tuky]

spoos trying to rally into the close but getting shut down

I think it's just covering the short positions before the weekend

 

[TAjammy]

aw yeh i do have it . seems to be more swing trading even though it says day trading on the cover, which was what put me off, but going over the titles of the chapters it could give me a good backing. im just glad it is giving me some facts rather than trading strategies and techniques