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TaoTrader replied Feb 21, 2021This is my fav pair too! I was shorting this pair the night of the Brexit vote (2016) and it dropped like 2000 pips in one second. Largest move I've ever seen like that.
Cable Update (GBPUSD)
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TaoTrader replied Feb 21, 2021Whoa that was harsh
. I agree with you though. Indicators are bullish longer time frames. Trend is bullish, EW setup is bullish. Sometimes the comments posted on this site are just day traders looking to make a quick ...EURUSD
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TaoTrader replied Feb 21, 2021Just saw this article which suggests the recent correction was due to activities with futures trading: url Interesting chart you posted. Whales offloading their positions.......could be for a lot of reasons. If other Whales are buying what those ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 21, 2021Very probable as the price action and indicators are pointing long, especially on the longer time frames :-)
Cable Update (GBPUSD)
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TaoTrader replied Feb 21, 2021.....and there's your new high with the price action up over $1000 the past hour. I'm off to bed. Happy trading!
Bitcoin (BTCUSD)
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TaoTrader replied Feb 21, 2021No problem! It will be interesting to see how long it takes for the mainstream investment world to get onboard. If the price continues to rise all year, and if more traditional investors keep coming in, by the end of the year bitcoin will likely be ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 21, 2021Fair enough. I partially agree with you. I guess I'm just willing to take the risk LOL
Bitcoin (BTCUSD)
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TaoTrader replied Feb 21, 2021I can only speak for myself, but I think bitcoin is positioning itself to be the future. That's not to say it WILL be. As long as the technicals and fundamentals are suggesting long, it's proper risk to reward ratio. I apologize if I misunderstood ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 21, 2021I forgot to mention the Forex market is closed from where I'm located, its Saturday night here. So I can't see anything on Metatrader after yesterday afternoon. The price has increased around 1000 or so since the Forex market closed. So yes there is ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 20, 2021Hello pundit78. I just looked at all the time frames for bitcoin on Metatrader, and from a technical perspective all my indicators are showing an overbought market. But you can't always view Bitcoin in a traditional sense when reading your chart. ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 20, 2021Ah okay I see. Yes that's perfectly doable. If you need help I'm here like I said :-)
Fundraising Methods for Traders
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TaoTrader replied Feb 20, 2021He said $875 into $52K. That seems like it would be difficult. But turning $52K into 1.28 million in 14 to 15 months is doable. I could do that myself LOL. I'd like to see how he turns the $875 into $52k though........what is the timeframe for that ...
Fundraising Methods for Traders
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TaoTrader replied Feb 20, 2021Agreed! I trade with the trend also which is why I use Elliot waves. When your technicals gets disrupted you just have to decide when you want to exit the trade. As a swing trader I would NOT exit this bitcoin trade in a long position. I've been ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 20, 2021I've had this problem in the past too. Have you tried downloading metatrader directly from the broker you are trying to login in with? If they have metatrader available to download that might be the easiest way.
MT4 platform wont connect to trading account, but web mt4 will
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TaoTrader replied Feb 20, 2021Dang that's some serious cheese LOL. Let me know how that works out......no prob :-)
Fundraising Methods for Traders
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TaoTrader replied Feb 20, 2021You'll do just fine if you have a few thousand dollars to invest in Forex. I'm not sure what your capital is, but I've been trading Forex for a while. I can teach anyone to be a successful trader in 1 day. I would be glad to help you. If you only ...
Fundraising Methods for Traders
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TaoTrader replied Feb 20, 2021Yup. Looks to me like a Wave 3 if you're counting Elliot waves. It retraced at exactly the 161.8 level. This chart I'm showing is the weekly. You can't really tell what the bigger pattern is on the monthly, aside from a bullish indication. But this ...
Cable Update (GBPUSD)
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TaoTrader replied Feb 20, 2021Yeah it's interesting that Elon Musk can move the market like that LOL. Why don't other people do that when they can? I've been wondering that myself for the past few months. The only answer I came up with that satisfies me is that bitcoin is ...
Fundraising Methods for Traders
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TaoTrader replied Feb 20, 2021You trade Silver on Forex? I haven't done that one yet. How profitable is it right now?
Bitcoin (BTCUSD)