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Taigen replied Jan 30, 2012I know that I get mouthy... — at times, but I have to say to all my forex brethren who speak English as their second language, or third, I admire you brilliance and ability to articulate. I must admit that it puts my American English only ...
EURUSD
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Taigen replied Jan 30, 2012This is the most plausible explanation I have heard yet. In the midst of strong bearish sentiment, the EU goes up 600 pips? There is the natural price action to factor but 600 pips? I don't think so.
EURUSD
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Taigen replied Jan 30, 2012It's been fairly consistent following the weekly and daily channel. The 2400 area represents the bottom of the weekly channel. It would be surprising if it didn't go there. However, the same channel would have suggested that the high was somewhere ...
EURUSD
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Taigen replied Jan 29, 2012I think you solved this dilemma. Ultimately, it won't work. I just makes too much sense and common sense is a rare commodity among governments. You did your best. Well we could try with the anthem and then, who knows... Deutschland, Deutschland über ...
EURUSD
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Taigen replied Jan 29, 2012Perhaps you're right. Future speculations have little to do with making coin for the day in forex. You are quite right. Thank you for showing the error of my ways! Forex forever!!!
EURUSD
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Taigen replied Jan 29, 2012Look, you guys need to lighten up. There is nothing I can say or you can say that would influence anything--I mean ANYTHING. I just responded to what the Chancellor of Germany said regarding Greece as it pertains to the Euro. I may not know anything ...
EURUSD
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Taigen replied Jan 29, 2012I can understand a lot of arguments and I myself as greek am embarassed and angry with my country but claiming greek economy is "selling seashells for tourists etc" comes a long way even as a way of making a point (a point that I don't object to) ...
EURUSD
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Taigen replied Jan 29, 2012It kind of confirms what I and most others are saying. So far, the solution is just too painful to stomach. Instead of a full default they would settle for a partial default. A default is a default is a default. No way getting around it. They ...
EURUSD
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Taigen replied Jan 29, 2012Please. I am using absurdity to make a point. Pick any financial institution commenting on Greece or just Google 'Economy of Greece'. I don't think it is necessary to state the obvious.
EURUSD
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Taigen replied Jan 29, 2012I agree with you but I don't think a chain reaction would be that quick or even happen at all. I said it would be devastating--but only for awhile. Greece is not an Italy, France, Spain, Ireland, and least of all Germany. Greece is like the kid ...
EURUSD
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Taigen replied Jan 29, 2012Think about it.... — What does Greece have to offer other than painted seashells for tourists? They virtually have no economy. They just need to go back to their drachma to trade in their dried fish markets and open air street vendors. I don't ...
EURUSD
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Taigen replied Jan 29, 2012What deal? Maybe amongst reporters and analysts, but Merkel does not think it would be wise to have Germany obligate funds when it could be better served elsewhere. And frankly, Germany is one of the few economy's working. Perhaps the best thing for ...
EURUSD
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Taigen replied Jan 29, 2012To be honest, there is no blame. This 600 pip run, to some degree, satisfied the natural range of trading. Way to high but that's my opinion. Technically it could even go higher but there has to be a bias to valuations (albeit against the USD is not ...
EURUSD
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Taigen replied Jan 29, 2012I haven't seen a big gap... — in months. Maybe this might be the big one. The mother of all gaps.
EURUSD
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Taigen replied Jan 29, 2012Yes. But couldn't you give the same argument that it's always long? And frankly, it doesn't matter what trend it is since the weekly chart is a down trend and the 4 hour chart is an uptrend. And if memory serves me well, I believe the ratio is based ...
EURUSD
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Taigen replied Jan 29, 2012Sure. That ratio is not an opinion poll. It is simply a register of traders who have either a short position or a long position. It is simply telling us where their money is. Nothing more.
EURUSD
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Taigen replied Jan 29, 2012The long/short ratio... — on Oanda is approaching 62% short. I wonder what side I should be on?
EURUSD
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Taigen replied Jan 29, 2012There is that possibility, but for the most part, for me anyway, If say I short and it drops, I got my money and get out. If I'm short and goes long, I short it again where it get filled make my money and close. Like I say it's not much but that's ...
EURUSD
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Taigen replied Jan 29, 2012Does anyone know... — of a blog site that the only requirement is that you have a live account? I would rather have a newbie's input with a live account than an experienced 'trader' with a demo account. Is there such a place?
EURUSD