Forex Day Trader's Thread

[Pippy5000]

wrong movie

and wrong trade

out -15 back in 89.2

 

[Pippy5000]

exact entries 89.18 and 88.635

15 pip stops on each :cheesy:

still positive for the day

 

[GladiatorX]

wrong movie

and wrong trade

out -15 back in 89.2

You trying to single-handely (Excuse possible spelling errors, although, i understand if your upset, after all i could of spent my time searching the correct spelling rather than writing this) stop the downtrend in UJ ?

I think my quote is wrong on UJ - I think i've got a bad data vendor on this free MetaTrader software. Will re-install with Alpari.

I will use my futures chart instead; which quotes the JPY/USD - So its upside down.

 

[Pippy5000]

USD/JPY has dropped 70 pips since last night, yet I am 22 pips up on 4 long trades.. I scalp bounces off of support.. The longer-term trend isn't of tremendous importance to me since I'll be in and out within a few minutes.

draw a fib map and you'll see what I'm doing. 88.5 should be great support.. 38.2 and daily SMA convergence

 

[Pippy5000]

Actually the $490.60 I've made today is my friend, not generic trading advice from children.

 

[Pippy5000]

Picking fights with the staff is the mark of a true genius by the way

 

[benmaya]

Actually the $490.60 I've made today is my friend, not generic trading advice from children.

it is the right answer!

 

[Pippy5000]

it is the right answer!

 

[Pippy5000]

Bernanke in 12 minutes should liven things up

 

[GladiatorX]

Bernanke in 12 minutes should liven things up

Yeah; especially in the pant department.

God hes hot.

 

[Pippy5000]

filled.. almost died but was able to bank 12

 

[Masquerade]

"Economic forecasts are subject to great uncertainty, but my best guess at this point is that we will continue to see modest economic growth next year--sufficient to bring down the unemployment rate, but at a pace slower than we would like, Bernanke concluded."

I like the sounds of that

 

[Pippy5000]

I'm leaving it alone until 88.615 due to wacky price action although I might scalp short 89.66

 

[Pippy5000]

Are you still long Euro?

 

[Masquerade]

Yes, i'm thinking it's a no-brainer to buy more too. The picture's a bit ugly:

"1742 GMT [Dow Jones] Treasury prices rise on Fed Chairman Bernanke's speech, in which he says inflation expectations look stable and unemployment rate won't fall as fast as he'd like next year."

 

[Pippy5000]

People are upset we (most likely) won't be changing rates.. we could definitely see some USD weakness.

 

[Pippy5000]

well.. what now?

 

[Pippy5000]

daily hammer patterns in XAU/USD, EUR/USD and AUD/USD forming.. looks bad, yet another USD reversal reversal..

 

[Masquerade]

I have messed up the whole day trading. I've given up so much

Check Donkey Kong!

 

[TAjammy]

hey noobs