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Taigen replied Oct 31, 2011Guys (gals?) you should have established your — rules to position by now which includes to the dollar or pip how much you are willing to lose. You simply won't win every time and that's part of it. It's obvious Geppy has his own rules that ...
EURUSD
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Taigen replied Oct 31, 2011I need to edit myself. I rekeyed the fib to more match the previous hits on the graph and it looks like it needs to get closer to 3800 area in order to hit it.
EURUSD
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Taigen replied Oct 31, 2011If I set up my fib retrace up right — on the 4H wouldn't the 50% retrace be at 3700? It hit the 38.2 and might retrace a little bit.
EURUSD
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Taigen replied Oct 31, 2011I was hoping for a further drop but I think you're right about the strength to continue. We'll see. If it gets to 3910 it usually gets sucked to 3900 and often will go to 3880's before it decides what to do.
EURUSD
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Taigen replied Oct 31, 2011Eventually, you will be right but if this breaks the mid 3800's, I could see it go down to 3200's easy. Trend and my bias is down since the only thing that moved this pair was the fundamentals or news bits. Who knows parity but the fed reserve would ...
EURUSD
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Taigen replied Oct 31, 2011That was a pretty good run... — down, but I bailed much sooner than I should have but still I should be ending this month with a 51% increase.
EURUSD
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Taigen replied Oct 28, 2011All bad things must come to an end... — I'm positioned badly for short between 4155 to 4240 and need to see it drop under 4100 to be back in a comfort zone or ahead. I hope the open will be kind and continue to drop. I want to say 'whatever' ...
EURUSD
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Taigen replied Oct 27, 2011It looks like it will break 1.40 within the hour.
Cesarnc's market talk, gossips, rumours & fun
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Taigen replied Oct 26, 2011The last few days... — it seems to reach for the 1.40 brass ring but not quite making it. My daily trend line looks like it needs to hit above the 1.40 to top out. Maybe tonight is the night (Pacific Northwest). I like to ride one all the way ...
EURUSD
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Taigen replied Oct 26, 2011The last few days... — it seems to reach for the 1.40 brass ring but not quite making it. My daily trend line looks like it needs to hit above the 1.40 to top out. Maybe tonight is the night (Pacific Northwest). I like to ride one all the way ...
Cesarnc's market talk, gossips, rumours & fun
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Taigen replied Oct 25, 2011I was incapacitated due to fear. I'm just getting back on my feet again using trading rules I established for myself. A very good month for me so far.
EURUSD
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Taigen replied Oct 25, 2011What would be your strategy? — Continue to watch it go down or do you believe there would be a turnaround soon due the historical nature of its position?
EURUSD
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Taigen replied Oct 25, 2011In the scheme of things... — In reality, the European market wants their currency to go down in order to move exports, yet, at the same time, they want a strong currency for overall valuations. Can't have it both ways. The market now is highly ...
EURUSD
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Taigen replied Oct 24, 2011Positioned short @ 3950 — Again! Hopefully it will break through 3900 like last time. When I got to the bottom last time was afraid to buy in. Oh well, I feel much safer shorting this animal.
EURUSD
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Taigen replied Oct 19, 2011I don't consider 10 pips going against me as a loser. Whether it becomes a loser is a matter of actual loss. If you view them as each individual position, then other than tech & fund you'd have to be a genie to know what a loser was in the first ...
AUD/USD
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Taigen replied Oct 19, 2011I've gone back to averaging my position — This seems to be the safest approach for me. If indicators present a top, I'll position with a pip with SL at 50 pips. I call it my scout to determine if I should be there. If I really think I'm at the ...
AUD/USD
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Taigen replied Aug 14, 2011Love is in the air... — Everytime I come to this board I feel, well... just so special.
EURUSD
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Taigen replied Aug 7, 2011You are spot on with many things. Yes I would agree that the war turned into a major cluster f*ck. Being a US citizen, I'm tired of my country playing the nanny of the world. Our own government is our biggest enemy right now. We have more oil in our ...
EURUSD
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Taigen replied Aug 7, 2011Interesting view, however, a correction is in order not that it matters a whole lot in the scheme of things. It was during the Clinton administration when the mortgage derivates went full flower. Clinton, to his regret, wishes he would not have ...
EURUSD