Forex Day Trader's Thread

[RidderTrade]

help

 

[RidderTrade]

okay, day has not over

 

[RidderTrade]

looks bad, should have sticked by selling oil rises

 

[Pippy5000]

yep... looks like another false reversal to go along with all the false breakouts lately.. I moved my stop to 1.1735 and will reshort with double the lots at 1.187

 

[RidderTrade]

bailed out euro.. sold of dow jones. and took profit.. 40 points, way to dangerous..

daily up.. but spoiled a lot of the earlier gains.
dont even deserve a gain today ridd.. should have quit after overnight gains..

blehh

 

[RidderTrade]

euro the BITCH made new highs.. but closed below fridays close.. a bearish reversal.. --> but as Pip says false breakouts galore.. wont be surprising if it moves up anyway.. against this.. but i want to sleep tonight , sighh

 

[Pippy5000]

I'm pretty sure I'm screwed on my USD/CHF trade... I'm not going to bail out though.. probably should but won't .. I'll stick with the original plan.. I got stopped out of Euro at 0 so that's ok..

 

[RidderTrade]

usd chf still can be seen as a countertrend rise, i wish you best luck

 

[RidderTrade]

bought gbp/usd

 

[RidderTrade]

gbp looks strong in short term.. , enjoy

 

[tripleogstar]

Got Q4 gdp in the UK coming out on weds, so bit reluctant to do anything till then. Also, the dow PLUMMETED today, and may jus see a rush to the dollar overnight and into tomorrow.

 

[Pippy5000]

My USD/CHF trade survived Asia.. now I just need to survive Europe and then have a positive day tomorrow in NY .. You never know what could happen..

Long USD/JPY looks pretty good..

 

[welshandy1]

my short on EUR/YEN looks shaky... well underwater, and getting close to my stop at 122...
need the EUR to collapse today

tried a speculative bottom buy on the Dow with a tight stop last night, but it closed me out overnight.

ah well theres always another day (as long as the EUR collapses today!)

 

[RidderTrade]

usd/chf is down 115 pip there was nothing to be feared off , stalled at 117.00

 

[welshandy1]

EUR looks waaaay too strong now I have widened my stoploss, but still it keeps rising!

I really need to hedge it... Anyone long USD/YEN? Seems a relentless march upwards... Its looking like it could even hit 100 soon.

 

[Countvonaltibar]

I'm staying out, taking a rest from this crazyness!

 

[RidderTrade]

i took profit on gbp/usd this morning, markets are a bit too nervous if you ask me

 

[Pippy5000]

oh by the way I missed my t/p on USD/CHF by 10 pips and I'm back where I was yesterday underwater..

very irritating but I think there's still hope ..

 

[tripleogstar]

I am clueless in this current market

 

[Pippy5000]

Exactly Trip! Things used to make sense.. from what I see Yen weakness is pushing Euro up but Cable is going down.. Horrible data in the US.. HORRIBLE DATA and yet stocks are way up. I think probably due to bargain hunting by the equities crowd..


I would seriously consider buying USD/JPY again on a dip .. The pair was on CNBC as a buy recommendation so everyone and their mother is buying it today..