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On a long term basis, below is my proposed GBP/USD long and USD/CAD short trades for the next few days or 2 weeks.
I will add to the positions during the week if the trades work out as anticipated.

Happy New Trading Week!

nice one bro. am going to enter it on my demo

topsyn03: nice one bro. am going to enter it on my demo

Price really threatened the GU stop loss today but ......... only the tough gets going.
straight to the north.

Ready to go long and fly higher on AUD/USD jet fighter?
Placing a 'Buy stop' order @ 0.9190
SL 0.9040, TP 0.9580. Be Prepared, scout boy.

naira4ever: Ready to go long and fly higher on AUD/USD jet fighter?
Placing a 'Buy stop' order @ 0.9190
SL 0.9040, TP 0.9580. Be Prepared, scout boy.

Hey, if you still have enough funds/margin in your account, you may also buy EU or trade it on demo.

Buy EU now @ market price.
TP 1.3290, SL@ your own discretion but mine is @ 1.2980 as i had already entered early and already 20+ pips up.

Trade responsibly!

Is anyone trading EU & AU as alerted above?
110+ pips & counting on the 2 trades currently.

Is anyone trading EU & AU as alerted above?
110+ pips & counting on the 2 trades currently.

@topsyn03
I am going to take a ahort trade on USD/CAD.
SELL @ market price 1.0370
SL 1.04300, TP 1.0180 & further to 1.0030

Are u there? please, do not not miss this or what do you think?

i will give it trial on my demo

Please naira4ever is being a long time you posted trade alert on this trend. Hope there is no problem. We wanna learn 4rm u. Thanks

Wow! It's been really a long time I was here. I have been busy with offline business though spying this forum less frequent than before.
On this very day ( National independence day anniversary), I resume here and promise to be posting trade alerts, market review though mostly technicals.
So, let's begin as we celebrate 53rd Independence anniversary today, I wish all Nigeria forex traders blissful trades and trading opportunities ahead.
I will also implore fellow swing traders to drop your contribution, trade ideas and alerts here.
Happy Independence Anniversary!

I am looking forward to buying usd/chf. The 8:00 4 hr bar is a bullish reversal (pin bar) bar showing the rejection of support @ 0.9006, the close above the previous bar would confim the upmove.
An aggressive trader may dive into this trade now placing stop loss @ 0.8990 and targeting 0.9120 but as a patient and risk-avert trader, would wait for the present 4hr bar close or more importantly, the daily close.
I may attach chart later.
Always have a plan and trade your plan.

Let us take this trade on a short term and exit hopefully before NFP report on friday.

Buy usd/chf @ mkt price
stop loss 0.90000
Tp 0.91225
Tp2 0.91850

Trade responsibly!

naira4ever: Let us take this trade on a short term and exit hopefully before NFP report on friday.

Buy usd/chf @ mkt price
stop loss 0.90000
Tp 0.91225
Tp2 0.91850

Trade responsibly!

Still holding onto this trade.
Stopl loss adjusted to 0.8990
There is a strong weekly support @ 0.9007
The break of the support area to the downside
nullifies the trade. Hope you use a small fraction (%)
of your account.

Alert!!!
Sell GU Now 1.6186
SL: 1.6240
TP: 1.6020

Confirm from your Mt4 4hr TF pls.

Happy Pipping and trade responsibly!

naira4ever:

Still holding onto this trade.
Stopl loss adjusted to 0.8990
There is a strong weekly support @ 0.9007
The break of the support area to the downside
nullifies the trade. Hope you use a small fraction (%)
of your account.

Oh! the above usd/chf trade was lost but thank God Gbp/Usd 130+ in profit and still running.

Ok. let's enter the usd/chf again & ride with it to the north.
Buy usd/chf now 0.9040, stop loss @ 0.8980. target 0.9120

See u next week. Happy weekend!

naira4ever: Alert!!!
Sell GU Now 1.6186
SL: 1.6240
TP: 1.6020

Confirm from your Mt4 4hr TF pls.

Happy Pipping and trade responsibly!

Target hit and 166 pips profit taken from GU trade as above.
Usd/Chf is 30+ pips in profit and counting till next week.

Enjoy your weekend.

@OP pls i'll lik 2 ask u ds questn after learnin wat u said abt lot size,where do leverage issue comes in then,i mean in d calculation of d lot,or i dont nid to b bother abt it mayb i can use say 50:1,400:1 whichever i lik.pls kindly explain,thks in advance

For performance of our managed accounts and trading signals do check fxbooks: www.myfxbook.com/members/abiolamac/abiola-macaulay/716479

naira4ever:

Oh! the above usd/chf trade was lost but thank God Gbp/Usd 130+ in profit and still running.

Ok. let's enter the usd/chf again & ride with it to the north.
Buy usd/chf now 0.9040, stop loss @ 0.8980. target 0.9120

See u next week. Happy weekend!

The above usd/chf trade hit target yesterday, i saw it when i opened my system last night. Thank God for that.

On a long term trade,
Sell GU @ mkt price, a wide stop loss abiu 150 pips (mine is @ 1.6180). Target 1.5450/40

Buy Usd/Chf @ mkt price. stop loss 0.8975. Target 0.9270.

Note: EU & AU could also be preparing for a southward journey but we will patiently wait and watch for best entry.

Trade responsibly

greenalwaz: @OP pls i'll lik 2 ask u ds questn after learnin wat u said abt lot size,where do leverage issue comes in then,i mean in d calculation of d lot,or i dont nid to b bother abt it mayb i can use say 50:1,400:1 whichever i lik.pls kindly explain,thks in advance

Sorry 4 d late response as i do not come here often due to my busy schedule. Leverage is a double edged sword. The thing is before going on live account at all, you need to choose leverage like me i use to select 1:100. please google "forex leverage" and ensure you understand the pros & cons of it very well. You may see http://www.investopedia.com/ask/answers/06/forexleverage.asp
I may also try to talk about it & explain deeply some other time.

In the calculation of lot size, you need to determine your risk amount (in dollar) first before you enter any trade. That is you want to risk $24 from your $500 trading account on a trade with 80 pips as stop loss. On a standard account where 0.01 lot = $0.10 per pip, your lot size should be $24/80pips = 0.30 x 0.1 = 0.03 as lot size. So, invariably if you multiply $0.30 (0.03 lot size) by 80 pips, then your risk on that trade will be $24.

God bless.