Forex Day Trader's Thread

[Pippy5000]

I'd get in about 1.533 after it breaks the strong resistance stop 1.529 target 1.57

 

[Pippy5000]

or buy a deep dip if it continues to go down..

 

[Rambo09]

Reluctant to go in at the moment as not enough cash to take pips that low.. Got my fingers badly burnt this morning, with EU/GB.

 

[tripleogstar]

how big you going into these trades pippy

 

[Pippy5000]

Saudi oil minister comments are killing GBP/USD but overall trend is up and strong .. should recover for another try on that 1.53

 

[tripleogstar]

looks like a gud opportunity to buy a dip on £/$, just gota wait for the cross of the 12,26 MACD

 

[tripleogstar]

What is the saudi oil minister saying, cnt find anythin on that

 

[Pippy5000]

Rambo,

you shouldn't even be trading .. you don't know what you're doing .. 95% of traders lose their money even when they're prepared.. Go read and few elementary books or try the beginners section of this site and then come back and trade..

Triple,

I have an order for 4 minilots at the 1.533 and am currently riding 1 lot from 1.503 and 2 from 1.49

 

[Pippy5000]

he said oil will not be used as a weapon against Israel ..

 

[Rambo09]

Thanks for the advice Pippy.

 

[Pippy5000]

I'm dying to buy USD/CAD in the 1.17s

 

[WallStreetHero]

JUST went short on gbp/usd at 1.5252 and closed it out for 1.5228.

24 pips in 1 minute :clap:

 

[tripleogstar]

Sterling is stuggling to test the high 1.5280, jus took a 50tick profit, got in on the dip at 1.5200.Possibly get back in on a bigger dip, Paulson speaking in a few mins, thats gona shake things up a bit

 

[tripleogstar]

3 yr Note auction in less than an hour, that could move the dollar

 

[tripleogstar]

Pippy, I would wait for 1.15 on USD/CAD. 61.8% fibonacci and has provided previous support. CAD should fall with the oil price

 

[WallStreetHero]

both gpb/usd and eur/usd continue sideways movement, lets see what happenes next

 

[Pippy5000]

there's no doubt that the Canadian dollar will die.. I feel ok about getting my beak wet at 1.17 and adding lots at 1.16 and 1.15

 

[Pippy5000]

GBP/USD just needs an S&P500 stock rally and we'll be off to the races.. incredibly boring range right now ..

 

[tripleogstar]

i reckon this 3yr note auction at 1800GMT is going to cause a rally in the dollar. The bid to cover ratio is going to exceed 1.6 i reckon. This mite be the reason for the sideways movement in the £,euro/dollar. Traders awaiting auction results

 

[WallStreetHero]

dollar has started to pick up abit.