I'm not a fan of short-term scalping (i.e. Holding a position open for less than 2 minutes). I like to hold my positions a little bit longer, try to capitalize off price movements as much as possible before a retracement. Hey dstryr, like they say, ...

EURUSD

Eur/Usd is stuck in a terrible 50 pip range at the moment. Absolutely no movement during the Asian/London sessions. We may see some action this morning during the US session, due to the 'Trade Balance" news that us due 8:30am (EST-NY).

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I agree, I've been waiting for price to fall back into the Hourly channel. Seems to be hovering outside it's boundaries. So, I continue to wait for a valid shorting opportunity.

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My Hourly chart shows Price outside S/R Channel. I'll be looking for a Short with target of 1.2800 (as my first Short target). No current entries on the 5 Min chart.

EURUSD

I'm a little skeptical of a Long position at this time. Hourly chart shows, price action way outside it uptrend channel. In the next few hours, I would expect price to make its way back inside the channel. Just be ready for the Sell-off. Personally, ...

EURUSD

Hey Turveyd, Welcome to the Eur/Usd Thread! Hope you stay and contribute to our little neck of the woods.

EURUSD

He could have traded many pairs. For example, I trade Eur/Usd, Usd/Jpy, Eur/Chf, & Eur/Gbp and have made hundreds of pips many days. (Not consistantly, but some days my total number of pips is greater than 500+ and other days it's 100 pips total) It ...

EURUSD

I can understand him telling the world. I too get excited about the market and my daily take home profits, sometimes. And so what, if he is a scalper ... these days we are all scalpers. If it's real profits (not demo), he should announce it to the ...

EURUSD

This uptrend was expected. Its just a continuation of earlier, before the CHF sell off. I've been sitting here all day waiting for that to happen, and it finally does. Pocketed the pips and now I'm going to bed. For those who were Bear during this ...

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Speaking of Huffington Post ... front page says: JUDGE TO MADOFF: GO STRAIGHT TO JAIL Well, it's about time!!!

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Currently, E/U looks to be making a slow upwards move to 1.2890(ish). If current uptrend levels hold, I'll wait for a retracement and get in on this uptrend. On the Hourly chart, technically, the trend is up.

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Thanks Stewrigh, See I never keep up with the FRANC. Though, if I were are trader that traded news/fundies ... I would have probably have bet all my equity in favor of the FRANC ... and would have lost it all. Thankfully, I'm not a fundie trader.

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Yeah ... I check my ego at the door, before sitting down in front of my computer. But what I still don't understand is, why did GBP gain from the SWISS currency buy/rate cut? GBP/CHF moved 500 pips in favor of GBP.

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You know, the funny thing about the CHF move? My favorite pair, in the whole world (that I do not trade because of the 8 pip spread), GBP/CHF, moved 500 pips in FAVOR FOR GBP ... not CHF. Just thought that was weird. I would have thought, CHF would ...

EURUSD

Scratch that! I just found out the Swiss cut their rates. Must have been some cut?

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WOW. 400 pips is 10 minutes (Usd/Chf) What did we miss with CHF? Would have been nice to be in that move. Which now, explains E/U's erratic movement. Could someone explain what's with CHF?

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Hey Candle, that's pretty much what I'm waiting on. The violent swings seem to have sub-dueds. A new hourly candle shoudl give me a better view of where the market is heading. At this time, price is between 1.2800 and 1.2700. If the next candle ...

EURUSD

A stronger Dollar, weaker Euro ... and vise versa. I don't care which is up or down. I am the Trend whore.

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Capitalist, you funny! "I just load up on momentum until i get margin call and get liquidated at a profit". lol

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