Forex Day Trading Room

EUR/USD OK everyone... If you don't believe in market manipulation then you wern't here for the past 1/2 hour. I personally am outraged at what just happened. Personally I was in a hedge but it still took 30 pips from my days trading. I was fortunate to get back in and then a sudden drop and I got 10/15 back but not by good management but by luck. I don't trade luck, I would rather stand aside and wait for a good signal which I thought I did and then wham-o a sudden drop. I was in the right direction but this isn't trading this is a crap shoot and I will stand aside until some reasonable trading happens. [caption id="attachment_781" align="alignnone" width="300" caption="FXDMG"][/caption] Above chart is a 30 min chart. I am standing aside until I see the market being traded. By the way... the excuse for the spike was positive news on Greece. Male Bovine if you ask me. Still ticked off. FXDMG

Forex trading - live day trading course and currency trade room.

Forex Day Trading Room

EUR/USD [caption id="attachment_774" align="alignnone" width="300" caption="FXDMG"][/caption] Greetings Traders... I thought I would show you a different way of looking at our 5 minute chart. On the left you see the chart that I normally post and on the left you see the same 5 minute chart with Heikin Ashi candles instead of regular candle sticks. New York open in less than a hour. We'll see how the weekend will shape up. If we see a slow finish to the week, we should see a good start to next week, and vise verse. Hope you got in early today as the market had legs, and a nice retrace. Keep your eye on the 5 minute chart. FXDMG

Forex trading - live day trading course and currency trade room.

S&P 500 Emini Day Trading Gap Friday April 9, 2010

S&P 500 Emini Futures Day Trading THE GAP [caption id="attachment_2176" align="alignleft" width="493" caption="S&P 500 Emini Day Trading Gap Friday April 9, 2010"][/caption]

S&P 500 day trading course

Forex Day Trading Room

EUR/USD [caption id="attachment_769" align="alignnone" width="300" caption="FXDMG"][/caption] Here is a 15 min chart of the EUR/USD just before the NYSE open at 13:15 GMT. We have had a few good opportunities to scalp so small and not so small profit. We'll what the rest of the day brings. FXDMG

Forex trading - live day trading course and currency trade room.

Forex Day Trading Room

EUR/USD Nothing new from the news. We have seen 10/15 pip moves and the 1 min is catching most of it. BUT we are hanging just above and just below 1.33 the figure. The 89 EMA on the 5 min seems to be strong resistance for now but we are just looking for scalping opportunities. Quick in and quick out. Never go broke taking a p0rofit. NYSE opens in less than an hour. FXDMG

Forex trading - live day trading course and currency trade room.

Forex Day Trading Room

EUR/USD WOW... did you feel the ground shake????? Neither did I. The ECB Interest rate announcement wasn't a earth mover was it. Well... At 12:30 GMT we have the US Initial Jobless Claims. Didn't we just have one???? It seem like we get one of these every other day. Just remember Safety first and always protect your account. Perhaps we will see some more movement yet today. FXDMG

Forex trading - live day trading course and currency trade room.

Forex Day Trading Room

EUR/USD A nice run down from 1.3330 to a double bottom at 1.3285/90. and now we are back above the figure and making our way through the 5 min 89EMA. Several nice trades so far today and looking for a decisive break above or range between 1.3315 and the figure (1.3300). On the news front we are just over a hour away to the ECB Announces Interest Rates and we will want to keep out eye on the clock if we get into a trade. The ECB announcement may be a non-event BUT there are writers that think otherwise. For safety Keep you eye on the clock at 11:45 GMT FXDMG

Forex trading - live day trading course and currency trade room.