- Search Metals Mine
-
TaoTrader replied Jul 15, 2016What I meant was the uptrend people saw was simply a long correction on the lower time frame......and it was still correcting until this morning......it may still correct more even with the strong downward push today. I'm short as I have been for ...
Cable Update (GBPUSD)
-
TaoTrader replied Jul 14, 2016Hahahaha! To me its nothing :-). If you only open 10 cent trades its only $50.
Cable Update (GBPUSD)
-
TaoTrader replied Jul 14, 2016Yea it was still retracing up. It doesnt really bother me though because I swing trade. Maybe I should clarify more for the day traders here, because a retracement of 500 pips doesnt bother me at all LOL. Eagerly awaiting the fall still....
Cable Update (GBPUSD)
-
TaoTrader replied Jul 14, 2016To everyone posting here today good info!!! I agree the pound is so resilient but like one of my buddies on here said the other day......all those long on the GBP will get a rude awakening soon......the same goes for the 7 major pairs......the NZD, ...
AUD/USD
-
TaoTrader replied Jul 14, 2016Sometimes the platform on MT4 freezes its quite annoying n you get logged out a lot too. I think its just a software glitch because no one is gonna slip me while I'm swing trading LOL
AUD/USD
-
TaoTrader replied Jul 14, 2016I've seen info saying both. My bias is leaning towards them cutting rates.
Dragon Riders GBP/JPY
-
TaoTrader replied Jul 14, 2016That's hard to say, too many variables. It might or might not be priced into the market. If they cut rates I'd say the price is going down. No way they are increasing the rate LOL. If its the same there might be a small spike or there might not be ...
Dragon Riders GBP/JPY
-
TaoTrader replied Jul 14, 2016Very good LOL. It could go higher but the upside momentum is limited. Too much noise right now LOL
EURUSD
-
TaoTrader replied Jul 14, 2016I dont really understand all the info on your chart. My 4 hour chart looks a lot different than yours. Is this screenshot a "zoomed out" view? I studied your chart for a while trying to follow your PA, and it seems like you're starting on the lower ...
Cable Update (GBPUSD)
-
TaoTrader replied Jul 14, 2016If you are long I'd say make sure its for a spike or a longer retracement but that's it. Right now the daily keeps ranging around the 38.2 retracement level. A corrective movement that's totally expected.
Cable Update (GBPUSD)
-
TaoTrader replied Jul 14, 2016Yea its retracing close to the 38.2 level good idea for your SL!
NZD/USD
-
TaoTrader replied Jul 14, 2016This pair is still retracing, nothing surprising here. About to hit 38.2 % on the daily. The trend is still down for anyone who day trades or scalps here. Take your profits while you still can LOL
EURUSD
-
TaoTrader replied Jul 13, 2016If you're talking about the red candle just behind the most recent blue candle, its just blurred out by the retracement line i've drawn but its still there. Yep yep let's see what happens!
Cable Update (GBPUSD)
-
TaoTrader replied Jul 13, 2016You have to look closely my Brexit candle is the long one it has a lower wick.....the 2 after it also have lower wicks. The weekly right now for this pair is not a reliable indicator because of the upward correction. Its not as important right this ...
Cable Update (GBPUSD)
-
TaoTrader replied Jul 13, 2016I dont think i understood that sorry :-(. Can you explain please :-)
Cable Update (GBPUSD)