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Taigen replied Aug 27, 2013Have my shorts pending at 3440 and 3478. This is boring. Should have been going long and short for the last few days but had my grandkids over for the week so wasn't on the computer much.
EURUSD
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Taigen replied Aug 27, 2013The daily charts reveals that we have been in a slight upward channel since July so as long as your positions are well placed you can go short or long and make money. For long 'termers' the safety is still on the long side but the monthly chart is ...
EURUSD
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Taigen replied Aug 21, 2013Yes we know the numbers and the news are bullshit and they are only used as an excuse for the central banks to adjust the markets. The US unemployment numbers, for example, are not only pure bullshit (false--since they are always revised 3 days ...
EURUSD
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Taigen replied Aug 20, 2013I would suggest that it is more central banks with their computerized triggers that keeps the whipsaw going. Traders aren't even a blip on the Forex market although it's fun to think we make a difference.
EURUSD
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Taigen replied Aug 19, 2013Don't forget it's August. All of Europe is on vacation. But yes it has been flatlining more and more which makes me think that I might go back to EUR/JPY.
EURUSD
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Taigen replied Aug 19, 2013The micro-balance between 1.32 and 1.34 seems to be the place where the central banks want it. The macro-balance between 1.27 to 1.37 seems to have this pair confined for the foreseeable future. A breakout in the macro would be quite an upheaval ...
EURUSD
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Taigen replied Aug 15, 2013Now we're getting close to the 100+ pip drop I was hoping it would be.
EURUSD
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Taigen replied Aug 15, 2013Although I have a US account as well, a strong US dollar does not help our economy at this point in time. But currency trading has little to do with philosophical beliefs. It has everything to do with the trend. I counter-trend on occasion but ...
EURUSD
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Taigen replied Aug 15, 2013I think some here have the notion that the European central banks want the Euro to be strong. When economies are struggling across the globe, most nation states want a weak currency in order to stimulate their economy. The Europeans won on this ...
EURUSD
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Taigen replied Aug 15, 2013My indicators--daily--indicate the beginning of a down turn but it will be the next day or so to determine if the market actually shifts. Hold on...

EURUSD
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Taigen replied Aug 15, 2013You were right on at the resistance level. Your support is a bit long term for me but my daily indicators do suggest the same.
EURUSD
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Taigen replied Aug 15, 2013Need to let the market settle to see if the drop is real or go back whence it came. The Euro Central Banks took advantage of the flimsy news and pushed the Euro valuation down. It's a matter of time to see if they can hold it.
EURUSD
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Taigen replied Aug 15, 2013It's great going green on the same old silly news every week. The U.S. recovery is dismal but forget logic, I got my green pips in and closed out at the bottom. Gee this is fun.
EURUSD
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Taigen replied Aug 13, 2013I think you need to read more about what took place just months before Obama's term. The TARP solution was exposed when the European central banks went ballistic that the SEC would approve the 'sub-prime mortgage bundles' by way of collusion, by ...
EURUSD
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Taigen replied Aug 13, 2013It helps when the Federal Reserve is infusing 85 billion a month in the Dow Jones. Be prepared when they discontinue. They will probably continue through the next presidential election then after that, expect a HUGE drop...
EURUSD
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Taigen replied Aug 13, 2013That sure wouldn't hurt my feelings. It would be a good re-entry for a short or if it breaks through that area all bets are off and may head back up.
EURUSD
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Taigen replied Aug 13, 2013All my short positions finally went green I closed them out which is probably not smart since it could continue down for awhile. But holding on for over a week, I got itchy fingers. If it goes up 30 pips or so, I'll probably continue to go bear, ...
EURUSD
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Taigen replied Aug 8, 2013Want EU to make a run for the border at 1.34xx and hopefully that will be my last short.
EURUSD
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Taigen replied Aug 8, 2013I think the dollar is strangling the Euro but it will balance out. Both want economic stimulus but it looks like the US is winning for now.
EURUSD
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Taigen commented Aug 8, 2013All fiat currencies are doing the same thing and eventually they all will collapse. The dollar still controls the shots by pushing the Euro higher and stimulating the US economy. Balance will come, it always does.
EUR/USD Easing Toward the 1.3415 pivot with Bullish Breakout