Spot FX Day Trader's Thread

I just snuck in for 20 pips shorting euro. felt nice to be a part of this hahaha

I'm going for the Colts tonight..

Shall I bet the saints? I've no idea if they're any good, but I feel karma owes them. Something in me wants to bet it.

It is rumored that our neighbors to the East cannot boil water because they lost the recipe (so I've been told).. Louisiana is an evil state and nothing good can come out of it..

The Saints [projectile vomit] will get an early lead and then Payton Manning will pick up the slack like he always does..

Colts 24 - Saints 21

Euro 1.36 .. Ninjy 88

I'm calling them all out tonight

I'm off to my Super Bowl party now..

Looks like you got it wrong on 3 counts.

Gooooo saints! Game's not over yet, but I told you they'd do it - it's all about the karma.

I was right.. I'm using a different math..

I'm buying mid term eur/chf 1.4652, stop 1.4620 t/p 1.4820

ah.. are you hoping for more intervention?

USD/JPY looks confused. I guess waiting to see what the US markets do and how asia opens. what do you think kyle

short EUR/USD, bear flag looks like its falling apart, failed to make new high today.

I do, they didn't do anything significant last time, eur is only 100 pips higher. Looks like it's rather supported around 4650, probably no one is such crazy to go short at this levels. And the last, eur is heavily oversold, I expect it to bottom around these levels, probably in the lower 3500s and then comes a short squeeze I expect the manipulators to keep attacking everything at least tomorrow because of 80 bil. bond auction this week (40 tomorrow)

Also starting to buy long term XAG (no leverage) - it's dirty chip

took profit 20 pips. will short the bounce im expecting here at 1.365

I have no strong conviction either way about ninja..

took 10 more pips here on EUR/USD. I'll short again if it breaks 1.364

What's at 1.364? I'm short from 1.3665

the day's support level

although I have been shorting the EUR/USD pair for a while, and will likely continue in the near term, I am taking high caution going forward (ie. tighter stops and limits)

From a technical perspective, this intermediate downtrend should be retracing soon. Looking at the most recent downtrend from Dec. 6 - Dec. 21, the move was about 940 pips, or a 6.20% decline. at the end of december it had a bear flag formation and continued lower. Most bear flag continuations last the same length as the preceding trend. Which it has already surpassed. From Jan 12 - Feb 4 the pair decline 1001 pips, or 6.86%. Along with this, there is some previous resistance that could turn support are the 1.35-1.36 range.

I understand the global debt issue, race to the reserve, etc. I am just looking at this from a technical perspective and not advocating a buy on the EUR/USD. just a caution to sellers.

ninja is running in place today .. YAAAAWN

Germany is NOT giving an aid package to Greece.. I'm shorting Euros and shorting hard..

I've been on the sidelines, last week was a bit harsh. I'm short Aussie now though from 0.8768