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Taigen replied Mar 15, 2011Duh, So I'll say it slowly. It's not the dollars controlling anything, it's the futures in commodoties. If fear is in control, we pay more. Period. The is a little compensation when the dollar is valued less (Econ 101). Bypass babypips and go to a ...
EURUSD
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Taigen replied Mar 15, 2011The USD is so tied with oil... — the more worthless USD becomes, the better for all countries since oil can only be bought with US dollars. Right now we are paying a premium for the right to be fearful. The fearful have control now, however, ...
EURUSD
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Taigen replied Mar 15, 2011Posting previously hoping if it broke 1.3950 could... — possibly go to 1.40+. I just started averaging my shorts. Got one in and hope to get a few more if it goes to 1.4030. Pip on.
EURUSD
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Taigen replied Mar 15, 2011Now that it hit the 1.3950 mark... — it could possibly try for the 1.40+. Will be holding off a bit to short average again. Came out pretty good on the last run. Pip on.
EURUSD
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Taigen replied Mar 13, 2011It is the pips that will determine if people get pissed off--not you. Although you seem to enjoy your self-aggrandizement, it is the pip that determines your worth in words.
EURUSD
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Taigen replied Mar 13, 2011Well my son made 125 pips the first... — hour. The rest are in the oven ready to turn green down the road. I'm holding off some more. I might be able to buy in at the 1.40's. Happy pipping.
EURUSD
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Taigen replied Mar 13, 2011I did have one of those days, actually, I had more than one; of course, I'm talking about margining out. I'm no longer a margin boy. I trade well within the means of my account. It's not complicated. As a matter of fact, I find it a low risk way to ...
EURUSD
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Taigen replied Mar 13, 2011You are simply nuts. My guru even does this. Would I rather trend? Yes. But my son is doing this as well and is averaging 5% daily. So don't tell me it doesn't work. I know all kinds of people that do this all the time. It's common sense. What's the ...
EURUSD
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Taigen replied Mar 13, 2011So my experience is not real? This is what I do in an unpredictable market and I green out 80-90%. I'd rather trend but this market is just too looney tunes for what ever the reason. So while I make money, I just discovered it never works. It's ...
EURUSD
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Taigen replied Mar 13, 2011It only works if you stay away from the margin call. I mean c'mon.
EURUSD
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Taigen replied Mar 13, 2011If your upside down... — then just keep averaging up little by little. I'm short but this looks like an opportunity.
EURUSD
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Taigen replied Mar 13, 2011As one newbe to another, it's great to have rules but in this climate, you may have noticed that the currency market is not going by them either. Good news for US USD goes down, bad new for US USD goes down. These are oddball times. Also as your ...
EURUSD
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Taigen replied Mar 13, 2011Somewhere, sometime, there has got to be... — a retracement. Just like oil does not have a value of over $100/b EUR/USD does not have a proper value. An oil broker told us that the price structure should be between $75-$85/b but we are now ...
EURUSD
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Taigen replied Feb 28, 2011Is it just me... — or am I the only that preps for shorting. It seems that I would do much better going long while I'm preparing for a short. It seems that we are on the BIG SHORT but what a strange market.
EURUSD
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Taigen replied Feb 24, 2011I thought last nite might be the beginning... — of the big drop. Did well last nite but before sweet dreams I short positioned with a tight stop loss fully expecting a big drop. I still am blown away by it hitting 1.38... At least I can take ...
EURUSD
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Taigen replied Feb 3, 2011Still shorting my way up... — which might be testing record high. Nothing else is moving.
AUD/USD