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TaoTrader replied Feb 20, 2021I found this comment very interesting. It's not difficult to create a cryptocurrency because most of the work needed to be done is based on that of Bitcoin. But creating genuine exposure for your cryptocurrecny, getting people to consistently buy ...
Fundraising Methods for Traders
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TaoTrader replied Feb 20, 2021This is a Metatrader 4 view of Bitcoin on the daily chart when the Forex market closed on Friday. Notice the volatility. In situations like this, many technical analysis indicators will not work properly. The volatility is so high that it defies ...
Bitcoin (BTCUSD)
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TaoTrader replied Feb 20, 2021Greetings traders, I wanted to offer a few thoughts about bitcoin. I'm a Forex trader, I have been for over 10 years, and I prefer trading currency pairs over cryptocurrencies. However, bitcoin has a lot of exposure and anyone interested in ...
Bitcoin (BTCUSD)
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TaoTrader replied Oct 18, 2019Thank you! Yes you must be passionate about this to succeed! Happy trading my friend!
Desert Island Trading Journal
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TaoTrader replied Oct 16, 2019Greetings traders! For anyone who has ever followed or interacted with me here, I am still here. Currently I am simply watching the market. I have many interests which constantly pull me away from here. But trading is my passion, I cannot live ...
Desert Island Trading Journal
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TaoTrader replied Jul 15, 2016Yes i will list them but I do not wish to get into a sparring match or trade insults on here. When that happens I withdraw to maintain the peace. I have no egoism when it comes to trading. Im all about learning, evolving, and sharing what i know.
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016Fair enough you sound a little irritated. I'm just trying to help I don't expect anyone to take my advice blindly its about learning and evolving as a trader. I want everyone to learn for themselves, I'm just here to enjoy the market and help anyone ...
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016Yea that's true lol. The chart patterns for the EUR are distorted because of how heavily its traded. I would caution anyone from going long unless its for scalping purposes.
EURUSD
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TaoTrader replied Jul 15, 2016I'd be cautious going long......that 30-40 pip range is totally normal especially for Friday. The trend is absolutely down take it from the experienced traders on here. What is your reasoning for going long? In a few hours I will be posting my ...
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016Greeting traders!!!!! As the market is closing I will be preparing a small analysis of a few of the major pairs, for anyone interested. This will be of special help to scalpers and day traders who might be confused concerning price action. Stay ...
Desert Island Trading Journal
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TaoTrader replied Jul 15, 2016Oops I mean I see it going lower. If ur a scalper or day trader it can go both up and down the same day. That just confuses everyone and no matter how often the swing and position traders try to help people understand this......it seems lost on most ...
EURUSD
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TaoTrader replied Jul 15, 2016Look at that it was just a small breather and straight down! Its funny to see people going long.....gotta be scalpers.....I might need to start a trade explorer to help people out......scalping is a horrible idea unless you know what ur ...
EURUSD
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TaoTrader replied Jul 15, 2016The 1 hour and 4 hour charts are just doing their normal retracements after hitting their respective Fibonacci levels for the current PA down. Its down for the long haul.....anyone who truly understands how to trade will see this. I'd say give it ...
EURUSD
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TaoTrader replied Jul 15, 2016Sorry I'm not where I can do all this right now I'm on my phone. I'll have it for everyone later I promise! Anyway, the monthly chart paused within a wave 3 to retrace upward. But the wave 3 was not exhausted at 261.8%. It could still be going down ...
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016By my count the monthly has been correcting in a Wave 4 of a 5 wave pattern. A wave 4 is typically short, so let's see if it decides to push past 38.2 for 50.0. You can also measure the retracement levels of Waves 1 through 3 and project it from the ...
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016I've been wondering the same. I don't think this is a fake breakout, but it might need to go to the 50% retracement on the daily and weekly. We'll see, I hope it stays down hahaha!
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016Yep I patiently waited for almost 2 weeks to see that hahaha!
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016Thank you my friend!!!! Yea the NZD stopped out a lot of people I bet lol. Seems to be going down strong now! Congrats on your success so far!
Cable Update (GBPUSD)
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TaoTrader replied Jul 15, 2016Yea we need a little more momentum though, more downward movement to stop out the bulls completely. Have u seen how long the NZD/USD resisted before going down?
Cable Update (GBPUSD)