Forex Day Trader's Thread

[RidderTrade]

yea.. sold off usd chf.. 2 times.. i taken a total of about 170pip accumulated overnight..

now sidelining.. could be adding again.

yeah major reversal,but not always easy the usd/chf pair.

 

[welshandy1]

I went short on EUR/JPY ... right before SFCG files for bankruptcy protection with $3.6bn in debts not looking good. Question is, do I get out now with a loss or sit it out...

 

[RidderTrade]

here ya goooooooo pip

 

[RidderTrade]

i went out on usd/chf at 114.82
shorted at 115.90 and added 1 at 115.70 (Add your glory)

IT seems.. usd chf have troubles to really dive down, this could be to the oversold condition in the short term

 

[RidderTrade]

Euro Jpy

I went short on EUR/JPY ... right before SFCG files for bankruptcy protection with $3.6bn in debts not looking good. Question is, do I get out now with a loss or sit it out...

i was long euro/jpy and euro/usd.friday but i bailed out too early..indeed i missed out most of the surge friday, but the timing to enter was right, but the timing to get out was ridd frustating

i also considered a long euro/jpy arond 119.50 yesterday, but i did not..

i choosed the usd/chf (short) and i am really satisfied by this nice pip gain, so i arrived anyway at the place i wanted to be

bless you all

 

[RidderTrade]

noooooo... hope you trailed pip

 

[RidderTrade]

entered long on euro/usd again.. on this dip..

yeah market is crazy.

 

[RidderTrade]

entered usd/chf again 115.90 short,giving some short support for pip

 

[welshandy1]

hey Ridd,
whats your view on EUR/YEN at the moment? Im thinking it looks overbought. Im short, so really hoping that 122 will hold! As long as the Euro falls against the USD, I should be alright...

 

[RidderTrade]

it looks overbought.., daily is topping, but not sure whether there is some added space avaible

 

[RidderTrade]

usd chf moving the wrong way now.. ... it still fits in a countertrend move..
whats your opinion now Pip?

 

[Pippy5000]

I too shorted at 1.159 on USD/CHF .. slightly underwater right now .. I'm sticking with it

 

[Pippy5000]

I've got my stop at 1.1725 on USD/CHF ..

 

[RidderTrade]

where is your stop pippy?

 

[Pippy5000]

It got rejected hard at the 50% fib .. I think we'll be ok Ridd.. stay with it ..

my stop is still at 1.1725

 

[tripleogstar]

gone long EUR/USD at 1.2747

 

[RidderTrade]

view on euro/usd pip?

 

[RidderTrade]

i think we will be ok also pip..
i think also dow could be ending higher..after bottoming today..

getting bit nervous though

however now underwater.. which i dont like

 

[Pippy5000]

yes, I am long EUR/USD after the bounce target 1.295

 

[Pippy5000]

uh oh.. S&P just broke support .. yes, we could be in trouble now