BTFormular: bro please in few sentences analyse that update

G20 finance chiefs have taken a stronger stance against weakening of the Yen. The weakness of the yen made USDJPY, CADJPY, EURJPY and others bullish. We might see a brief strength in Yen which ofcourse would make those pairs bearish.

erniok:

stayed off that currency. the mafia na strong one.

So what pair are you looking at ?


Frawzey

ayox2003:

G20 finance chiefs have taken a stronger stance against weakening of the Yen. The weakness of the yen made USDJPY, CADJPY, EURJPY and others bullish. We might see a brief strength in Yen which ofcourse would make those pairs bearish.



So what pair are you looking at ?


Frawzey

thanks man. well said

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

I have a long on UJ, hmmm this news is something else.

ayox2003:

G20 finance chiefs have taken a stronger stance against weakening of the Yen. The weakness of the yen made USDJPY, CADJPY, EURJPY and others bullish. We might see a brief strength in Yen which ofcourse would make those pairs bearish.



So what pair are you looking at ?


Frawzey

GU,EA,EG,AN.
Jpy pairs dealt with my account.

erniok:
GU,EA,EG,AN.
Jpy pairs dealt with my account.

Nice analysis, I pray I will get some1 I can follow in this trend

hello house

am seeing things

rozayx5: hello house

am seeing things

what seeth thou?

Bro, what are you seeing again today sunday? Hope you are enjoying your weekend

rozayx5: hello house

am seeing things

bendazum:


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

anybody that traded this your 7 pair will be his broker best friend of the week.

on the bolded pair is what am going to trade this week and am going to take my position at market opening. ofcourse SELL with 1st take profofit of 100pips will never be part of buying this pair this week.

My take will be to sell audusd, buy euraud and gbpaud. But it will depend on what the first 4hours of the day says (3am)

natruetalk:

anybody that traded this your 7 pair will be his broker best friend of the week.

on the bolded pair is what am going to trade this week and am going to take my position at market opening. ofcourse SELL with 1st take profofit of 100pips will never be part of buying this pair this week.

It is well

selling audusd requires some diligence now o,with the positive correlation with gold,I would still check out the fundamentals this week so as to determine the best time for entry.

Will have a pending order around 124.70 with 100pips SL. Expecting a retest of the 127 area so will be hunting for 200pips.

With less than 4 hours to market open.
Final Possible Entries

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
GBPJPY. BUY. 145.50
EURJPY. BUY. 125.50
AUDCHF. SELL. 0.9450

STRICT MONEY MANAGEMENT ADVISED.
THIS IS HOW I WILL ENTER MY TRADES IMMEDIATELY MARKET OPEN USING BUYSTOP/SELLSTOP WHICHEVER IS APPLICABLE.


HAPPY TRADING.

Piponomics: Will have a pending order around 124.70 with 100pips SL. Expecting a retest of the 127 area so will be hunting for 200pips.

Agree but I am thinking 124.50 area though, I have set an alert at 124.70 to see price behaviour around there.

modified post no longer working

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guy u don miss road ooo,this one wey you dey do no go work for here ooo,better go make babypips make you self go learn how to trade and start making money from forex trading instead of this nonsense wey you just dey do,are you a learner?

erniok:
GU,EA,EG,AN.
Jpy pairs dealt with my account.

Bros no be only you, account that i was growing jejely the japs come chop almost half of it, at least i still have sometin to continue

the ATM resumes for the week

wish you all more alerts

Glued to my PC

Make money no enter bush.

ANy break above the triangle upward woould signify a massive bull run while a break below the triangle would be a massive sell off.



Frawzey

Also watching the yen pairs for a break out. Most are within the triangle.



Frawzey

Watching AU and Uchf.
UJ risk paid off. nice %%

ayox2003: Also watching the yen pairs for a break out. Most are within the triangle.



Frawzey

Namely EJ, upside break at 128.30, downside break at 123.80

Draghi talking at 3.30pm, the Yanks and the Canadians are on holiday, might be really boring tomorrow. But we'll see

Andrew's views:

Overall there is strength in the USD, GBP, EUR and CHF

Overall there is weakness in the CAD, AUD, NZD and JPY


Today’s Trading Pairs - Strengths and Weaknesses

Buy Trades - EUR/JPY, EUR/AUD, EUR/NZD, EUR/CAD, GBP/JPY, GBP/AUD, GBP/NZD, GBP/CAD, CHF/JPY, USD/JPY, USD/CAD

Sell Trades - AUD/USD, NZD/USD, AUD/CHF, CAD/CHF

honeric01: Andrew's views:

Overall there is strength in the USD, GBP, EUR and CHF

Overall there is weakness in the CAD, AUD, NZD and JPY


Today’s Trading Pairs - Strengths and Weaknesses

Buy Trades - EUR/JPY, EUR/AUD, EUR/NZD, EUR/CAD, GBP/JPY, GBP/AUD, GBP/NZD, GBP/CAD, CHF/JPY, USD/JPY, USD/CAD

Sell Trades - AUD/USD, NZD/USD, AUD/CHF, CAD/CHF

sold EN @1.5813 at my end here for 100pips finger cross

EURUSD, AUDUSD are on d downward side. waiting 4 support break 4 validation. good morning in d house. im on hourly chart.

hmmm today monday is going to be boring, overall trend on EU is bearish,


@endfx i see you

rozayx5: hmmm today monday is going to be boring, overall trend on EU is bearish,


@endfx i see you

Daily TF on EU has more to say, in as much as BB stop holds that place gidiga, bearish trend might likely not hold.
just my opinion.

Res Ipsa Loquitur

20-20:



Daily TF on EU has more to say, in as much as BB stop holds that place gidiga, bearish trend might likely not hold.
just my opinion.

Res Ipsa Loquitur

good you know the power of the bbstop, the name itself means a lot , it is a stopper

Nothing is happening today jare. Till further notice.