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TaoTrader replied May 26, 2016LOL its going down. Watch and see......just be patient this rally is a fakeout.
Cable Update (GBPUSD)
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TaoTrader replied May 25, 2016Greetings traders! At last I have returned and am actively trading again. I will be updating my trading strategy by and by for those who follow me. The market is yours to take, so go out and seize it while you can! Happy trading!
Desert Island Trading Journal
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TaoTrader replied Dec 31, 2014Greetings traders! I hope many of you have had a profitable trading year! Life seems to take us in varying directions at times, and it is always a journey for me. I will be back here regularly trading in a few months. And I will be updating my ...
Desert Island Trading Journal
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TaoTrader replied May 29, 2013Very good!!! Now the only question is, is this a demo or a live account........and what kind of drawdown/losses have you had this month also?
EURUSD
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TaoTrader replied May 27, 2013intersting charts and I agree with everything you have said. I've been short here since march anticipating a wave 3. can you explain your wave counts on these charts please? where you have 1, 2, and 3 marked in gold on the right side of your ...
Cable Update (GBPUSD)
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TaoTrader replied May 27, 2013my win ratio has been at 100 percent since may 17. however, im a swing/position trader so the downward trend halting slightly for a correction is no surprise to me on any of the major pairs.
Cable Update (GBPUSD)
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TaoTrader replied May 27, 2013Its only gambling if you don't know what you are doing
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013Yes alpari is known to do those things you mentioned, but as I mentioned it only comes into play if you are a short term trader. im here to learn also just like a lot of other people. I do not think my opinions are the best I can only tell you what ...
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013I agree these 4 brokers can get manipulative, but I have never had problems with any of them. Alpari and FX solutions were my main brokers a few years back. I prefer foreign brokers actually. How about you who do you recommend?
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013FXCM, FXDD, Alpari, and IBFX are all good in my opinion. Many of the bad things about brokers come into play if you are a day trader or scalper. Keep this in mind if you plan on trading the news, use stop losses, or are looking to make 20 or 30 pips ...
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013lol I could care less about slippage because that effects short term traders, and shady price feeds seem to happen with most brokers. I have heard or read bad things about almost every broker I've come across online, including all the ones on the ...
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013My sentiments exactly. What are you doing trading on the forex market if all you are doing is picking based on your emotions or a blind call? It's good to see people on here who are aware of the dynamics of trading. We need more people like that on ...
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013Yea I know all about this. When I became a member of this forum in 2009 I used to constantly read through the forums and the things i read amazed me. People would ridicule me severely and they couldnt even read a basic Elliot Wave chart. Yet many of ...
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013Short end of the stick anyone? This pair has very stubborn lately lagging behind all the rest. Looks like its finally catching up with the rest going down. Really, all you have to do is look at the longer term trends and you will see everything ...
Cable Update (GBPUSD)
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TaoTrader replied May 10, 2013You are long on this pair? Every technical trend on the medium to long term is showing this pair going down, including the 4 hour, daily, weekly and monthly. If you want to let this pair ride for a few days long you might be good through the ...
AUD/USD
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TaoTrader replied May 1, 2013Good point. However, I think there are pros as well as cons to not having a paper currency as a global reserve currency. Something more stable for investment, but for now the dollar is the strongest.
Cable Update (GBPUSD)
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TaoTrader replied May 1, 2013Like I mentioned yesterday emotions and risk aversion allow us to accurately predict where the market moves on a regular basis. In my opinion, from a broad perspective Europe's problems continue to push the dollar higher, and the technical side ...
Cable Update (GBPUSD)