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Taigen replied Aug 5, 2015Somebody said this was like ping-pong and they weren't kidding. Back and forth, long and short. Got two short positions in hoping to get another 40-60 pips in. We'll see.
EURUSD
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Taigen replied Aug 5, 2015My stop loss is set at 10 Pips in the green so that's my guarantee win albeit small. I'm hoping it will finally break the 1.08xx support. In the mean time I'll still increment my SL down. The 4 HR chart indicates that this will be the 4th attempt to ...
EURUSD
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Taigen replied Aug 5, 2015Putting in a sell at 1.092. It it tests the previous peak will position there as well. See what happens.
EURUSD
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Taigen replied Aug 5, 2015Boy did I get late to the party. Got two positions in at 1.0850 and 1.0882 but missed the peak. I got 60 plus pips but that should have been a 100 plus pip run. I need to get an alarm that works.
EURUSD
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Taigen replied Aug 3, 2015Typical Monday. Just put in a pending position limit sell based on the Daily slightly down trend @ 1.1026. If I get it I get it. It's assuming it will try one more shot at the resistance. Doesn't look likely. If it doesn't work then I will do a buy ...
EURUSD
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Taigen replied Aug 2, 2015Excellent analysis. We, the U.S., have been an aggressor nation since the Korean war spawned by the foreign policy of the neo-conservatives who came into power in a strong way. The Democratic hawks if you will. Their purpose was to foist western ...
EURUSD
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Taigen replied Aug 2, 2015My spin is this. The U.S. is no longer operating from a position of strength as it has since the end of WWII. Until recently, all countries could not buy a single barrel of oil without using USD's. That is no longer the case. We're still King of the ...
EURUSD
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Taigen replied Aug 2, 2015Whoa dude. I just wanted clarification. I would respond if you were referring to my post(s). Don't shoot me... I'm just the piano player.
EURUSD
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Taigen replied Aug 2, 2015Right on... I only pointed out that we are vulnerable. China would cut their own throat at this stage so you are absolutely correct. What they can do is manipulate our currency with regards to big purchases such as a 30 plane Boeing deal and things ...
EURUSD
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Taigen replied Aug 1, 2015You're absolutely right. The currencies are so interconnected that the consequences would affect them all.
EURUSD
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Taigen replied Aug 1, 2015You got my vote. When the Euro was up to 1.40xx's there was no justification for it. Both the USD and the EAU were pumping the quantitative easing machine at full capacity. Both currencies values are basically garbage but the perceived values are ...
EURUSD
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Taigen replied Aug 1, 2015Everyone I suppose has their own criteria for what determines a trend on a given chart. If it is consistent then the indicators being used are working for you. I determine trends base on crossovers mainly such as the linear regression the EMA along ...
EURUSD
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Taigen replied Aug 1, 2015What I look for in the charts: Position Charts: Open/close trades 15 min consolidating 30 min consolidating Trending Charts: Which direction to go - long or short 1 Hr Down trend 2 Hr Up trend Daily Undefined - looks like it may be starting a down ...
EURUSD
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Taigen replied Jul 31, 2015So you are assigning bull to the Euro and bull to the USD would be bearish? Makes no sense.
EURUSD
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Taigen replied Jul 31, 2015What is this bull bear stock/commodity terminology used in currency trading? If bullish with USD then you're picking a short to go bull. Are you referring if the graph goes up it's bullish even though that would be bearish if it was USD?
EURUSD
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Taigen replied Jul 31, 2015Gotcha. I thought you were speaking as a generality, not in terms of a trend. Yep, look forward.
EURUSD
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Taigen replied Jul 31, 2015A great example of the Central Banks using fundamentals to push the PA up or down. Great for scalping.
EURUSD