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TauTrader replied Jan 16, 2014Sir, H I'm just fooling around. Your question was valid. I trade both levels and the indi I built. Battling with the long side. I think I have it all on the 4 hr chart - but it is a bit slow for me ... need to tone it down and trade that. I need the ...
EURUSD
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TauTrader replied Jan 16, 2014It does show short term up - yes.. But the indi is a short demon - only used to trade short side. Still working on the long side of things.. Still figuring it out. All the best to you
EURUSD
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TauTrader replied Jan 16, 2014No sir, just entered blindly. For me - head and shoulders is a shampoo Since I have no hair - I tend to ignore. ( sour grapes maybe..)
All the bestEURUSD
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TauTrader replied Jan 16, 2014
Sir, X Just lucky.. but thank you We need to see if we get support or if this will turn resistance now. RegardsUSD/CAD
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TauTrader replied Jan 16, 2014Sir G, Yes - there are 3 important levels to watch here - 1.0919/20 - 1.0871 and 1.0819.. I believe we will revisit each of these over coming weeks. Look where price reversed.. a level generated in 1st week December... I believe a short term high is ...
USD/CAD
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TauTrader replied Jan 16, 2014Sir K, What is the plan on CAD? I shorted a little higher up. I think we will revisit 1.0919 / 1.0871 and 1.0819 over coming weeks. What ya think? Regards
Cable Update (GBPUSD)
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TauTrader replied Jan 15, 2014just pulling leg, my friend Best I could muster till now was 1.6325 Just looking for 1.6400 in the end.. Trade well
EURUSD
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TauTrader replied Jan 15, 2014I see you all have your little clique going here.. that's nice. I'm going away.( I'll make the profits from the sideline) All the best to you Regards
USD/CAD
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TauTrader replied Jan 15, 2014there seems to be a shift - in terms of positions open ( stops) - still 8 to 1 short with the closest big cluster of short stops @ 1.6400 ( my target). But a lot of longs entering over the last day. Looking below - and looking up - 1.6400 seems to ...
Cable Update (GBPUSD)
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TauTrader replied Jan 15, 2014Good day to you, Gents/Ladies Have started building shorts. Looking for targets of 1.0870 and 1.0820 as mentioned. Medium term/long term trade. All the best
USD/CAD
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TauTrader replied Jan 15, 2014Good day to you, Sir Thank you - appreciated. Yes - the 34% drawdown was a terrible trade I took based on testing some indicator. Before this - a week or 2 ago - the drawdown was around 10.4%. So - I acknowledge that. It is in fact unacceptable to ...
Cable Update (GBPUSD)
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TauTrader replied Jan 14, 2014Good day to you, Sir I would like to rather see it as a "scaling in" way of trading - as others have mentioned. It always remains a toss up between acknowledging an incorrect trade, vs a "too early" entry. I have started using multiple entries a ...
Cable Update (GBPUSD)
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TauTrader replied Jan 14, 2014sir - it does look good. It looks rather "neat" as well. Maybe you should run your b/bands over this as a comparison? Just to see which one shows the better level.. Hope it can be of some use. I'm off to bed - see tomorrow. All success Regards
Cable Update (GBPUSD)
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TauTrader replied Jan 14, 2014Good day, Here is another interesting tool for you - fibbed moving average. The example is set at 55 MA on 60 min. Go study a bit - if I were to enter on every 38.2% touch and double my entry on the 50% if extended and again on the 61.8% as extreme, ...
Cable Update (GBPUSD)