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Taigen replied Jul 25, 2017Those two senators just screwed themselves. This is not passing a bill, it's to vote to debate about the bill.
EURUSD
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Taigen replied Jul 25, 2017Congrats to all the longs. Hope you had some healthy pip action. Not a lot of R/S history to go on here so it is hoped that the resistance will be at 1.1700 and it will begin to form a retracement. The fibonacci @ 61.8 would be somewhere in the ...
EURUSD
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Taigen replied Jul 25, 2017It's going to try and break the 1.1700. I would be totally surprised if it didn't.
EURUSD
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Taigen replied Jul 25, 2017This is basically my overbought/oversold strategy which I call my retracement strategy. I use other strategies but this is my main bread and butter. I would put it in the category of trend trading. I use time tested indicators that have worked for ...
EURUSD
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Taigen replied Jul 25, 2017Thanks for the heads up. I will probably stay with the MT4 platform since it has seemed to work well for the most part with the type of trading style I do. It allows me not to deal with the fundamentals of the market so much and just rely on ...
EURUSD
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Taigen replied Jul 24, 2017Hope the resistance holds and drops like a rock since I'm shorted this stock for some time. Still in the danger zone but at least I'm not redlined in the MT4 platform. I hate to sell my 'in the money positions when they haven't come to fruition. A ...
EURUSD
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Taigen replied Jul 24, 2017I hate being in the danger zone... I'm redlined in MT4. Yikes! video
EURUSD
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Taigen replied Jul 23, 2017"...That is flexibility and freedom in my opinion if trader does not need to be in front of computer..If then don't have to be in front of computer and successfully trade as you said I just asked which indicators they use for their trading?..." ...
EURUSD
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Taigen replied Jul 23, 2017Define flexible and freedom however you want. I'm telling you what indicators I use. I gave you my list. How would I know what system others use. I only use this for retracements. I also have scalping strategies... it it sounds like you got a lot of ...
EURUSD
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Taigen replied Jul 23, 2017"...Best in my view is to have more then one system to get a grip on the different market conditions...." That's how I view it. And yes, fundamentals do affect long term. I'm more short term when trading.
EURUSD
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Taigen replied Jul 23, 2017Think about it, if it were in Trumps power or any world leaders power to devalue their currency, they would do it in a heartbeat. Trump would love it if the euro went up to 1.40. That would stimulate the US economy more than anything. If he's crazy, ...
EURUSD
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Taigen replied Jul 23, 2017I'm not sure what you mean. Flexibility? Freedom? Find indicators that work for you. Copy those who are successful. If you want flexibility and freedom go on welfare. You develop a strategy by trial and error and then analyze what went right and ...
EURUSD
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Taigen replied Jul 23, 2017Fundamentals vs technicals: First, there is no right or wrong. Most use a little bit of both I guess. If you have found success in the fundamentals go for it, and likewise, if you found success with technicals, then you know what to do. Me? I used ...
EURUSD
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Taigen replied Jul 23, 2017A good indicator for me on the retracement is the 4 hour and daily RSI price action. I tend to jump in early but it works out most the time.
EURUSD
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Taigen replied Jul 23, 2017Hope you're right since my open trade pip count looks similar to yours on trade explorer. Here's my spin: The Fed's are purposely pushing the euro up to further stimulate the U.S. economy. This has been a pretty long uptrend and the natural forces ...
EURUSD
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Taigen replied Jul 23, 2017RSI suggests the EU is in the peaking stage. I'm hoping for some retracement soon since I shorted some positions too soon. See what happens this week. It might be awhile.
EURUSD
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Taigen replied Jul 22, 2017My experience would suggest that political events have little to do with the markets as it's all about the economy. I don't even look at fudementals anymore--at least not daily events. Natural disasters can have more influence in my opinion. The ...
EURUSD
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Taigen replied Jul 22, 2017The only big players in this game are the central banks. Of all the major currencies, the central banks are seeking balance. The price point at any given time is the perceived balance. Nothing more complicated than that.
USD/CAD
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Taigen replied Jul 22, 2017Here is a truism: The market will continue to go up until it starts to go down. Right now now with all my positions, I'm in the green with the hope for a strong retracement. Understand it's the central banks that control the forex market. We just go ...
USD/JPY Discussion