Forex Day Trader's Thread

[melanie911]

stop loss is coming :-D

 

[Pippy5000]

what are your trade parameters?

 

[Pippy5000]

It looks like I'll get filled on this Euro short.. time to go to lunch.

 

[Pippy5000]

market order SHORT Euro at 1.3965 s/l +40 t/p -74

 

[Pippy5000]

There should be some sellers at 1.40 and if that resistance holds we'll have a beautiful double top in Euro..

 

[N Rothschild]

ussual manipulation bull**** going in equities..

 

[cpngtw]

next watch level of euro is 1.4005. If it breaks 1.4030 level, it may revisit its recent high @ 1.416

 

[baljit8011]

Im short EU at 1.398 / SL 1.4005
Cabe looks to be trading in a new range and unlikely to break the 6300 mark, so Im short cable at 6288, SL 6305

havent set limit orders, think I'll just have a drink and let it run.

 

[Pippy5000]

I had my stop at 1.4005 but I've moved it to 1.4010

 

[baljit8011]

I had my stop at 1.4005 but I've moved it to 1.4010

Why? 5min charts look good to me so far, stayed level for a good 45mins and a small dip.

I agree a small spike is due but I dont think 1.4010 ........ or am I missing something?

(noticed the dow has been at 8333 for a while now)

 

[Pippy5000]

pretty insignificant data on schedule tonight in Asia

7/6/2009 22:00 NZ NZIER Business Opinion Survey
7/6/2009 23:30 AU AiG Perf of Construction Index
7/6/2009 23:50 JN Official Reserve Assets

 

[Pippy5000]

it's only 5 pips further up .. I don't want to get knocked out on a spike.. it could touch 1.4005 and reverse but if it touches 1.4010 it will most likely go all the way to 1.403

 

[N Rothschild]

Online Dating Registration - Match.com

 

[Pippy5000]

DUDE.. I saw her yesterday! I thought .. she must get like 1 view every 5 days.. hysterical..

 

[N Rothschild]

been searching for big fattys eh?

 

[Pippy5000]

this Euro short is not looking good at all..

 

[N Rothschild]

im long equities btw

 

[Rocket!]

im long equities btw

Short-term trade? Or is the big bear getting slighly less bearish?

 

[Pippy5000]

There we go.. Nikkei is now down .5% .. EJ might drag EU down and I'll be in smooth with profit..

 

[N Rothschild]

Short-term trade? Or is the big bear getting slighly less bearish?

no im expecting some defense of this head and shoulders and wouldn't be surprised by a rally up to the descending top trendline on the daily, there is no such thing as a free lunch in trading and that head and sholders is to good to be true..so probably isnt!..but i have orders waiting in the depths if we get a big sell off tomorrow, which often happens after a kind of fake reversal. haven't forgotten your pm btw