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TauTrader replied Sep 19, 2013Good day to you, sir I have totally moved away from short term trades and do not look at any chart lower than 4hr - if I can help it. Unfortunately - draw down will be part and parcel for me. I guess one adopts a way of trading that fits with your ...
USD/CAD
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TauTrader replied Sep 19, 2013Good day to you, USD=Bear My apology - caught some ZZZ. I do not have a bail level. 1.0185 will be the next long entry for me. Making provision for a level lower down @ 1.0127-1.0125 - if need be. Just ensure that ones BE is below 1.02500 for now ...
USD/CAD
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TauTrader replied Sep 18, 2013Good day, It has to be made quite clear at this point. NOT picking tops. Read through my posts - always acknowledged higher moves. Let it be. Trading with a set of rules. Period. Have your day, or 2 or 3. I'll have mine. Good night - gotta catch ...
Cable Update (GBPUSD)
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TauTrader replied Sep 18, 2013Good day to you, First small long placed @ 1.0241. Will build from here. Regards
USD/CAD
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TauTrader replied Sep 18, 2013Good day to you, Pip I'm short..
thank you for the heads-up though.. Trade wellCable Update (GBPUSD)
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TauTrader replied Sep 18, 2013So - we have wondered by ourselves... why is GU marching north and EU is staying behind? Market has got obligations on EUR/GBP to fill - so we are experiencing excessive negative correlation for a reason. A bounce off the marked levels will bring GU ...
Cable Update (GBPUSD)
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TauTrader replied Sep 18, 2013Good day, Current Price action is preferred going forward for the next 2 weeks. This means that the October target will be in close proximity to the September target (1.0180). Which may indicate a quick drop mid October to the aforementioned target ...
USD/CAD
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TauTrader replied Sep 18, 2013Good day to you, Look for 1.6014. I do not post these often, but Price Action has left a few gaps. Price is looking to cover 1.6014 - close enough to do it now. Further down we have price action gaps to 1.52xx. So - one day - these will be filled. ...
Cable Update (GBPUSD)
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TauTrader replied Sep 18, 2013Good day to you, Mr.G Ok - you think you know it all? Curve ball for you:
EURUSD
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TauTrader replied Sep 18, 2013good day, I'm now also marking 1.58218 as a short target going forward. All the best

Cable Update (GBPUSD)
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TauTrader replied Sep 18, 2013Good day, We now need to see if 1.5954 becomes support Regard
Cable Update (GBPUSD)
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TauTrader replied Sep 18, 2013Ali-bhai Thank you for your chart. Since 0.9086 looks like a possible Swissy target - I do believe we have some room to the upside. Take care

EURUSD
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TauTrader replied Sep 18, 2013Good day to you, 2 possible scenarios. Critique welcomed. All the best
EURUSD
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TauTrader replied Sep 18, 2013Good day to you, Fardeen20 That is my TP. But I have no time bound to this. Could be months from now only - in the interim, we could go up another 500 pips - who knows? This is a long term trade according to a set of rules ( personal rules). This is ...
Cable Update (GBPUSD)
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TauTrader replied Sep 18, 2013Good day, Again closed my larger short this morning for a few. Now waiting for GU to do it's thing. Waiting to see if 1.5953 will become support/ or reject again. If support is found at 1.5953, will look at 1.6026 for entry. Target remains 1.55620 ...
Cable Update (GBPUSD)
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TauTrader replied Sep 17, 2013Good day to you, RamsesII Excellent chart there. Awesomeness Regards
Cable Update (GBPUSD)