Please is there any trend that they post chart and analysis. thx

@ufotoko, jst sent u a msg on bb. Kindly reply.

ufotuko: coughs,I go like visit that place too for some funny reasons that u do not want to know.

The third of my siggy no doubt

Next week will be good.I have seen some sweet setups which will yield atleast 300 pips next week but it's not yet ready until next week.

But I can give a tip for now GBPAUD is a Buy for it seems to have found support on the daily candlestick.It's a reversal from this week's bearishness. Goodluck.

Wait!! Don't enter now.

vxtr: @ufotoko, jst sent u a msg on bb. Kindly reply.

I have replied

naijababe:

The third of my siggy no doubt

what does third of my siggy mean?

naijababe:

The third of my siggy no doubt

Unfortunately he cant see ur siggy

ufotuko: what does third of my siggy mean?

u dont av signature so u cant read her signature...

naijababe:

The third of my siggy no doubt

U cld b rung. They have 404. Where is endfx by the way.

Analyzing a market at the end of Friday's market close is one of the best Forex strategies.Based on that I want to share my knowledge based on years of experience on the market and research which I carried out.This is my Valentine gift to the house.

Check out for reversal based on daily chart.Strong reversal. I give you my best 5 setups for next week.It should yield minimum of 500 pips.Although good money management principles is advised.Watch out for change in trend direction.Good luck.

AUDUSD SELL
GBPCAD BUY
NUDUSD SELL
GBPNZD BUY
GBPAUD BUY

I also need suggestions,constructive criticism, advice as regards this strategy from fellow traders in the house.

2 MORE SWEET PAIRS.

EURAUD BUY
EURNZD BUY

Owo jona oooo. Hope say gu will still go up.

bendazum: I also need suggestions,constructive criticism, advice as regards this strategy from fellow traders in the house.

I just took a good look at some of these pairs and i beg to differ on GBPNZD,GBPAUD the weekly SELL is a fresh breakout to the south(GN is on monthly sell breakout as well).the daily chart of GBPAUD is on a brief correction which i see 4hrs has commenced.After this correction the SELL will resume.please GN has not finished it's weekly sell at all.please lemme know what you see at the end of next .

naijababe:

The third of my siggy no doubt

hahaha sharp woman well you are totally correct

naijababe:

The third of my siggy no doubt

hahaha sharp woman well you are totally correct

dagr8:

Unfortunately he cant see ur siggy


u dont av signature so u cant read her signature...

I can read her signature boldly and clearly,well she is definitely right

gigfx: Owo jona oooo. Hope say gu will still go up.

still trying to understand why your buying GU from the pic you posted above( your trading against your system) i hope your not specualting instead of trading

lawson007:

I just took a good look at some of these pairs and i beg to differ on GBPNZD,GBPAUD the weekly SELL is a fresh breakout to the south(GN is on monthly sell breakout as well).the daily chart of GBPAUD is on a brief correction which i see 4hrs has commenced.After this correction the SELL will resume.please GN has not finished it's weekly sell at all.please lemme know what you see at the end of next .

Thanks very much for checking it out.That takes us to another concept called BUY STOP/ SELL STOP.This means that the pair has to prove that it's weak enough, SELL or strong enough, BUY to enter the market. Now based on that I release the possible buy stops and sell stop positions to execute those trades.

Although entering a trade at market order has it's advantages as regards making more Pips but what if you were wrong and the 7 pairs go against you all at once?

Consider these positions below.Stoploss is 50 pips and target is 200 pips unless otherwise.Good Money Management highly advised!

GBPCAD BUY 1.5650
GBPNZD BUY1.8400
GBPAUD BUY1.5100
EURAUD BUY 1.3000
EURNZD BUY 1.5850
AUDUSD SELL 1.0250
NZDUSD SELL 0.8400

buying GU for 300 pips with 100 pips sl. selling EG FOR 400 PIPS WITH 100 PIPS SL.

erniok: buying GU for 300 pips with 100 pips sl. selling EG FOR 400 PIPS WITH 100 PIPS SL.

Bro, why?

erniok: buying GU for 300 pips with 100 pips sl. selling EG FOR 400 PIPS WITH 100 PIPS SL.

Bros, your broker dey open on weekends?

honeric01:

Bro, why?

Probably taking a clue from my strategy.EURGBP has never been my pair because it can break one's heart. Brother instead of GU BUY while not consider GJ BUY because it seems more stronger at the moment using the same risk reward.

Igwe OO:

Bros, your broker dey open on weekends?

lmao bros u must be very funy

Igwe OO:

Bros, your broker dey open on weekends?

lmao bros u must be very funy

bendazum:

Probably taking a clue from my strategy.EURGBP has never been my pair because it can break one's heart. Brother instead of GU BUY while not consider GJ BUY because it seems more stronger at the moment using the same risk reward.

I really want to read his own take on his decision.

mdsocks: scalping on 1min time frame...but i need a damn good network..Mtn dey Bleep up for this aspect.

Not worth doing under the sun. Been there in the past. Check this out also http://www.learntotradethemarket.com/forex-trading-strategies/holy-grail-forex-trading-strategy-daily-chart-price-action

honeric01:

Bro, why?

My system has given me a signal @ 1.5475 but may wait till monday candle to be sure its a piercing line before pulling trigger though I have a bigger lot buy limit @ 1.5350.

Igwe OO:

Bros, your broker dey open on weekends?

Got comprehension problem amigo? Read my post again.

erniok:
My system has given me a signal @ 1.5475 but may wait till monday candle to be sure its a piercing line before pulling trigger though I have a bigger lot buy limit @ 1.5350.

ok then..

This is the most important news at the moment.

Group of 20 finance chiefs took a harder line against governments trying to influence exchange rates as they sought to tame speculation of a global currency war without singling out Japan for criticism.

Two days of talks between G-20 finance ministers and central bankers ended in Moscow with a pledge not to “target our exchange rates for competitive purposes,” according to a statement handed to reporters today. That’s stronger than their stance three months ago and leaves Japan’s government under pressure to stop publicly giving guidance on the yen’s value.

With the yen near its lowest level against the dollar since 2010, policy makers are attempting to soothe concern that some countries are trying to weaken exchange rates to spur growth through exports. The risk is a 1930s-style spiral of devaluations and protectionism if other countries retaliate to safeguard their own economies.

“Currency wars are globally suboptimal because if one country devalues its currency, other countries can strike back and everybody gets into a vicious circle,” Reserve Bank of India Governor Duvvuri Subbarao told reporters in Moscow today.

The new commitment is probably aimed at telling the Japanese that while they can stimulate their economy, they shouldn’t point to specific yen levels as desirable, said Chris Turner, head of foreign-exchange strategy at ING Groep NV in London. While the currency may initially climb next week it will soon resume its slide toward 100 per dollar from 93.50 as the Bank of Japan keeps easing policy, he said.

“It makes it harder for the Japanese to talk down the yen, but they will let their policies do the talking,” said Turner.

Japan has faced suspicion it’s trying to depreciate its currency, which lost about 7 percent this year as Prime Minister Shinzo Abe, who took office in December, campaigns for looser monetary policy to end 15 years of deflation.

Japanese officials in Moscow denied driving down their currency, arguing its fall was a byproduct -- not a focus -- of their effort to revive the world’s third-largest economy.

“The Bank of Japan’s measures have been and will remain targeted at achieving a robust economy through stable prices,” Bank of Japan Governor Masaaki Shirakawa said today. The G-20 statement is “absolutely in the same spirit as our monetary policy,” he said. Finance Minister Taro Aso said a stronger Japan would “have a positive impact on the global economy.”

That stance won support in Moscow.

“There was no censure of the Japanese attitude, which was considered a policy to develop its economy and not to intentionally devalue,” said Brazilian Finance Minister Guido Mantega, who popularized the term “currency war” in 2010.

“Talk of currency wars is overblown,” said International Monetary Fund Managing Director Christine Lagarde. “People did talk about their currency worries.”

The Japanese defense echoes comments by U.S central bankers, who have run into criticism from emerging market officials such as Mantega for embracing stimulus, which has then undermined the dollar and strengthened other currencies.

In a nod to such complaints, the G-20 members agreed to monitor and minimize any “negative spillovers” and said that monetary policy should always be aimed at domestic needs, according to the statement.

Developed nations should “pay attention to the effects their monetary policies have on external markets,” Chinese Vice

Finance Minister Zhu Guangyao told the state-run Xinhua news service from Moscow.

Federal Reserve Chairman said yesterday in Moscow that the U.S. has deployed “domestic policy tools to advance domestic objectives,” adding that bolstering the U.S. economy will support world growth.

Unlike their American counterparts, Japanese officials including Abe have commented publicly on their exchange rate’s level, fanning speculation that they welcome its fall and that the yen’s weakness plays a part in their recovery strategy.

Japanese ruling-party lawmaker Kozo Yamamoto, who is close to Abe, said in a Feb. 14 interview it would be “appropriate” for the yen to trade at about 95-100 to the dollar. Deputy Economy Minister Yasutoshi Nishimura said on Jan. 24 that it wouldn’t be a problem if the yen reached 100.

U.S. Treasury Undersecretary Lael Brainard used a speech in Moscow to criticize “loose talk about currencies.”

The G-20 meeting finished after a week of volatility in financial markets that started when the Group of Seven rich nations said on Feb. 12 that its members won’t use policies to “target exchange rates” and would focus on domestic needs. Confusion then broke out as G-7 officials bickered over whether their first joint comment on currencies since 2011 implied irritation with Japan.

The yen fell yesterday for the first time in four days as early drafts of the G-20 statement failed to echo the G-7’s vow. Part of the pledge was added following all-night talks in the Russian capital as the club of the largest developed and emerging economies also reiterated they will move “more rapidly” toward market-determined exchange rates and “refrain from competitive devaluation.”

The G-20 also said that while the risks to the world economy have receded, its growth remains too weak and unemployment is too high in many countries. That requires more work to create a stronger monetary and economic union in the euro area, resolve uncertainties surrounding the budgets of the U.S. and Japan and boost domestic demand in economies with large trade surpluses.

Advanced nations accepted the U.S.’s position by not setting new fiscal targets to replace those they agreed on in 2010 and which many of them are on course to miss. They pledged instead to develop “credible medium-term fiscal strategies.”

Japanese officials aren’t alone in accepting a cheaper currency as good for growth.

Bank of England policy maker Martin Weale will say in a speech in the U.K. today that although U.K. central bankers don’t “target the exchange rate,” there is reason to tolerate any inflation resulting from the pound’s six-year decline.

Not all G-20 policy makers want a weaker currency. European Central Bank council member Jens Weidmann said in a Feb. 13 interview published yesterday that “the exchange rate of the euro is broadly in line with fundamentals” and “you cannot really say that the euro is seriously overvalued.”

“Politically-motivated devaluations can’t sustainably improve competitiveness; they don’t solve structural problems and they set off reactions,” Weidmann said today. “The clear language in the communiqué underlines this unity and will allow the debate in the future to take place with a less excited tone.”

So for those who still have open positions in yen like me, we must be at alert when the market opens to keep track of its direction cos this news would weigh-in on short positions. Yen "should" become strong and ofcourse it would favour a short position.

I'm mobile at the moment but I hope to get to my pc before the market opens on Sunday.

Have a bubbling weekend.



Frawzey

ayox2003: So for those who still have open positions in yen like me, we must be at alert when the market opens to keep track of its direction cos this news would weigh-in on short positions. Yen "should" become strong and ofcourse it would favour a short position.

I'm mobile at the moment but I hope to get to my pc before the market opens on Sunday.

Have a bubbling weekend.



Frawzey

As for me and my household, we shall wait until market open on Monday but my charts tell me there's room for more upside sha

ayox2003: So for those who still have open positions in yen like me, we must be at alert when the market opens to keep track of its direction cos this news would weigh-in on short positions. Yen "should" become strong and ofcourse it would favour a short position.

I'm mobile at the moment but I hope to get to my pc before the market opens on Sunday.

Have a bubbling weekend.



Frawzey

stayed off that currency. the mafia na strong one.

ayox2003: This is the most important news at the moment.

bro please in few sentenses analyse that update