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- Taigen replied May 2, 2023
Top O the mornin’ to ye! My one position in USDMXN just exploded upward for some coffee money but it was my multiple positions in USDJPY that shot down giving me a great start for the month. I’m also inching up in the top 100 chart rankings. A bowl ...
- Taigen replied Apr 2, 2023
The spreads average about 3 pips which is about average for the majors.
- Taigen replied Apr 2, 2023
March ‘23 has been by far my best month of all time. I’ve lost so much over the years that bottom looked like up. Then my recovery has been so slow l wasn’t sure if continuing was worth it. But kept at it. This last year growth finally got ...
- Taigen replied Apr 1, 2023
Basically, I am a counter trend trader, so I wait for the tops and bottoms of a trend. I don’t like to be in a trade for more than a day, but sometimes it carries out to a few days, but most the time I’m in and out.
- Taigen replied Jul 23, 2019
I've been in the red so long, it feels good to get back in the money. It looks like the resistance is around the 1.3130 mark. If it breaks through, I could it go quite a distance.
- Taigen replied Apr 2, 2019
The daily chart suggests a long term down trend, however the channel may be breaking apart since the PA never hit the bottom channel which could bring about a trend change. Got got 3 short positions in now. We’ll see what happens.
- Taigen replied Jan 8, 2019
I bought into the extreme drop wanting a retrace. However, I expect the PA to finish the channel somewhere just below ~1.32’s or 1.31’s (who knows). I usually don’t position in the middle of a channel but it was such a strong drop, it seems there ...
- Taigen replied Dec 12, 2018
GU is just too hot politically right now so I dumped it and made 0.51. At this juncture it’s better to play it safe since they are considering dumping May as PM.
- Taigen replied Dec 3, 2018
As hoped, I was able to fill more buy limits on the GU. I could take a few more but they are “buys” so will want to see a turnaround soon.
- Taigen replied Nov 27, 2018
At least it hit two of my positions. I’m hoping it will hit just below the high ~1.26 area so it will pickup the rest of my buys.
- Taigen replied Nov 22, 2018
Yea trying to get out in. Most of my buys are below 1.2700. See what happens.
- Taigen replied Nov 20, 2018
Got most of my buys in this morning. That was nice to wake up to. Still hard to tell which direction the PA wil go. The stochastic is below the 20% which may suggest oversold—I’m not convinced at this point—or a continuation of a strong down trend. ...
- Taigen replied Nov 19, 2018
Got my positions all set and looks it’s going down a little bit more.
- Taigen replied Nov 19, 2018
Yep looks like it’s going in the right direction. Got my positions all set.
- Taigen replied Nov 16, 2018
Watching paint dry... got some positions set around the low 1.2700’s. Because of Brexit, I will probably put a loose stop on it. Politics does have its effect on currency. .
- Taigen replied Nov 14, 2018
If trendlines have any significance, it looks like AN has hit the bottom. I started to position there. We’ll see how it goes.
- Taigen replied Nov 14, 2018
It seems GU has gone a little squirly between the channel (or flag?). I usually don’t buy limit this early but it’s where I would position anyway ~1.3150’s.
- Taigen replied Nov 13, 2018
It appears that this currency pairs is trying to do another pattern of the previous sequence and that is a double top and looks like it’s trying to do that again so I’m going to stay out of any kind of positions to let the PA clarify itself.
- Taigen replied Nov 11, 2018
It looks like the gap will be closed soon so we can get that out of the way and continue its trend down. The daily chart is still downtrending and the 4 hour is waffling so I suspect it to go down for a little bit more, say low 1.27's. We'll see.