Forex Day Trader's Thread

[cpngtw]

good call Ridd .... fading the gap

 

[Pippy5000]

it is too oversold to make it through 1.401 today.. You should really consider covering..

 

[cpngtw]

or he's willing to withstand the correction

 

[RidderTrade]

i normally dont care about oversold or bought, it distracts the focus on mid term

 

[cpngtw]

look like the gap will be filled today, at least partially

 

[bbc1183]

covered a small piece of euro short... will add it back on higher, not sure what it wants to do today

 

[cpngtw]

it'll touch 1.401x, probably lower tomorrow

 

[RidderTrade]

oversold, a bounce of 12 hours, so **** it.., also a weak sideways correction will do.. and you will be able to control a shorting trend.

on my current labeling labeling, the usd index could now be in a wave 3 rise, these are the longest waves.. as mentioned before dont bother too much about short term movements, i think the usd index rise has to go to at least 80/81(in the first wave up,before a longer correction) , taking profits earlier would be a grave mistake

 

[cpngtw]

look like the gap will be filled today, at least partially

ok, not happen in the morning

 

[Pippy5000]

he's already cost himself 40 pips.. it would be better to reestablish the short at the 50 day SMA resistance

 

[bbc1183]

(it would be better to reestablish the short at the 50 day SMA resistance )

...it does look like its heading there doesnt it

 

[Pippy5000]

it's there

 

[firscall]

back in town.. noticed the maximum bounce happened..and then euro/usd reversed..

Yes it did. I have to say that was one great call I made!

 

[bbc1183]

are u guys trading this euro for anything this afternoon... i want to add a piece back on short but not sure which price

 

[cpngtw]

it's in a dolldrums right now, so hang on there

 

[Pippy5000]

I'm buying ninja at 94.1 .. I almost got it filled earlier and it looks like I have a few more hours of suffering before it gets down there and FILLS MY ORDER :|

 

[Pippy5000]

btw.. 1.412 would be another spot for a try at a Euro short..

 

[Pippy5000]

 

[tripleogstar]

hows it going pip

 

[Pippy5000]

tripster.. things are going nothing.. I missed my entry by 9 pips