Spot FX Day Trader's Thread

It's definitely downhill for the euro from here, looks like more bad news on the way for eurozone countries. Looking to get in short on pullback, that's if there is any down to 130

I think 1.30 is what the market wants but it'll be a choppy ride with a bunch of nasty squeezes in the meantime. An official will say, "we'll take care of Greece!" EU will pop and then when the reality sets in that there isn't anyone who can take care of Greece we will go down down down..

Buying ninja 91.8

got -40 on EU and +70 on UJ

Good work Pip. I'm gonna wait for hopefully a more substantial retracement on euro before getting in short. I agree with these EU talks underway it could be all over the place in the short term. Waiting to pull the trigger nearer to 135.

I'm long 1.3285 s/l -40

i'm looking for a short when price gets near 1.345 [eu] with sl above 1.35

Me too but 10 pips lower, and going to sleep

Apparently there's a barrier at 1.325 but if it cracks I'm out..

I'll take 30 and call it a day

Looking to reshort on any decent strength..

1.338 is where I'm getting back in short

grrr.. I woke up to 30 pips profit and now I'm 30 pips down.. Yesterday, a huge equity rally was completely erased.. let's see what happens today

I'm not convinced of the euro's woes dissapating despite the rescue plan for the plate smashers. I'm expecting this baby to revert to general downtrend, short from 13412

I'm ditching at b/e here.. There's a possibility we could go a lot higher in EU and I want to short there 1.345 or 1.35 are good levels.. if I miss the move lower so be it.. I'll just get long when the move looks like it's stalling.

I've been at lunch.. why did the S&P sell off?

Groundhog day, same as yesterday.
Monday - afternoon rally
Tues to Fri - afternoon selloff

Last week Tuesday was a little late but otherwise worked

I couldn't resist.. I'm back in short .. but 20 pips higher this time

I'm gonna hold this position in the hope of reversion to trend. I'm sure some other EU country will be able to bring more uncertainty over the coming days. All we need is some dollar strength and it will be toast!

I think it's looking really sketchy right now, but I'd rather just stick with the trend..

This is going nowhere fast, tough call as you say Pip