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TauTrader replied Sep 25, 2013Good day, UCAD is making a strong statement. I did close my longs earlier from 1.0190 area - but longed again ( very small) from 1.0296. Will add to this if we drop lower in larger buys to average my entry down as far as possible. Target remains ...
USD/CAD
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TauTrader replied Sep 24, 2013Good day, What is needed is 1.5967 to become resistance for any further move lower. Currently still support. A long/strong bearish daily candle preferred. Could bounce again - not excluded. All the best
Cable Update (GBPUSD)
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TauTrader replied Sep 23, 2013Sir cdndollar - I do not know much.. Agree that it is better to look at EU from all angles. So - related posts do not do any harm. Kudos to you sticking to your longer term view. All the best
EURUSD
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TauTrader replied Sep 23, 2013Retail sellers continue to increase. Currently 24862 positions short vs 6153 positions long. Hmm..
EURUSD
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TauTrader replied Sep 23, 2013good day, Month indicates longer term reversal (3) Buy dips! Angle (1) - if not progressing at pace, will give us a slightly lower opportunity to enter long (2) by 10 - 15 October 2013. Al the best
USD/CAD
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TauTrader replied Sep 23, 2013KecoaKecil, Daily chart - 2 scenarios. Both very valid. Regards
EURUSD
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TauTrader replied Sep 23, 2013Sir kuroro001, I'm holding a similar view. I'll start looking above 1.3710. We may drop to 1.3385 from here - but that would be a retrace only in my book. I personally believe highs will be forming in October only.. But I'm wrong often. So grain of ...
EURUSD
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TauTrader replied Sep 23, 2013Good day, On the 1hr - we have 2 options. Current 1.3507 level holds to give us a shot @ 1.3710 or we drop back to 1.3385 as the next target. 1.3385 was mentioned to Ali in last week. Should we reach 1.3710 - I'm starting short building into 1.3770. ...
EURUSD
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TauTrader replied Sep 23, 2013Good day to you, Myo Retail traders are actually extremely good in pinpointing short term direction. It is the holding and/or cutting of positions that gets to most of us in the end - coupled with exposure. Just stated fact on what was happening ...
EURUSD
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TauTrader replied Sep 23, 2013Good day to you, In the past hour - we have a lot of retail short positions entering the market on some of the data observed. With 94% of positions placed short over the past hour. Retail stops are thick from 1.3570 to 1.3600. ( close to 5900 ...
EURUSD
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TauTrader replied Sep 23, 2013Good day to you, sir In my book - GU has covered most of what it should have in terms of levels to the upside - but EU may want to go visit 1.3775 still. So - GU may be dragged along. Maximum risk I think will be 1.6400, but we need to keep an eye ...
Cable Update (GBPUSD)
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TauTrader replied Sep 23, 2013Good day, I have banked and closed all longs here @ 1.0291 I have looked at EU and GU and I believe there is a last leg up still to come. So - dropping CAD here and will wait on the sideline. If I miss the trip = it's OK. I understand that it is a ...
USD/CAD
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TauTrader replied Sep 23, 2013I hate being wrong - i'm going to hold onto that until I get a white bar..

EURUSD
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TauTrader replied Sep 23, 2013Good day to you, sir
Thank you for your kind comments - but we are all students. Let us study this pair together and discuss - this is how we learn. 1.0302 remains resistance for now with price below. We need to see if 1.0260/1.0250 area ...USD/CAD