naijababe: Oil, downward pressure prevails. Sold at market at 93.63 my tp for now is 91.70. Gold, I am still standing aside oh!

Am with you on the oil sell... Also got the signal to sell...

For gold, I will be waiting until I see that 1253 area Is cleared
Before taking any buy position....
Also watching out for 1233 area as its also a very significant area...
A break of this price will lead to a more downward move on gold while a bounce
Would mean a continuation for a buy to take place...
Either way... Best thing to do now is wait....

onlineresource: For gold, I will be waiting until I see that 1253 area Is cleared
Before taking any buy position....
Also watching out for 1233 area as its also a very significant area...
A break of this price will lead to a more downward move on gold while a bounce
Would mean a continuation for a buy to take place...
Either way... Best thing to do now is wait....

Sentiments shared..There is always something about days leading up to major releases..

pls let us know the filter setting

sojmann: Phew¬!
After much ado,I have my filters
................and I'm trading only one currency pair

For those of you in Ibadan, Nigeria, we hold a forex trader's forum regularly. You can send a mail to questconcept1@gmail.com for more information.
or follow me on twitter @richquest

meanwhile, click HERE

Fundamentally, USDJPY looks ripe for a sell. At a 3 year high and the odds are against it.

Technically, it couldnt completely break (just a fake-out)) the 161.8 fib when drawn from the retracement 101.46 to 95.78.


Frawzey

onlineresource: For gold, I will be waiting until I see that 1253 area Is cleared
Before taking any buy position....
Also watching out for 1233 area as its also a very significant area...
A break of this price will lead to a more downward move on gold while a bounce
Would mean a continuation for a buy to take place...
Either way... Best thing to do now is wait....

well said bro. on lucozade mode for oil/gold till 2pm to see next action

though heavy on EU sell for now want to see where that will lead to.

unclenna: EU has refused to move. Is just at a place.

pair is bullish

i dont tink so,

aguiyi:

pair is bullish

if u say make u leave am make hm gather more pips 4 u it wil com agnst u nd b4 u realise it u'll loose d 1 wey u make;nd if u decide to run away with d little u've made,b4 u know it,it goes on to make twice wot u ran away wit.dis trade no b moi-moi oo

fxyoube: pls let us know the filter setting

Thank you for asking.
The MOST IMPORTANT filter is the DONCHIAN (CHANNEL)BANDS
Once the big 3 appears outside the donchian channel,look for a buy or sell signal as the case may be.
Secondly,you can get in 10pips earlier if you don't wait for the zwuk MA's to cross but instead use the 2 custom indicators (SS2009).
Thirdly use price projection on a blank chart for TP

Note:xb4 is on my chart because of force of habit.Don't think I will be needing it anymore

Hope this helps!

willscolf: if u say make u leave am make hm gather more pips 4 u it wil com agnst u nd b4 u realise it u'll loose d 1 wey u make;nd if u decide to run away with d little u've made,b4 u know it,it goes on to make twice wot u ran away wit.dis trade no b moi-moi oo

That's why it's necessary to read the market well.Use both technical and fundamental.That's a nice combo.

Price Projection

Some of the indicators

Remaining Indicators

Kirinwa: Using past experiences alone.EJ,GJ bullishness will continue until tomorrow when STRONG bears will come in.Thursday definitely should be BULLISH too continuing till Friday and maybe beyond. Trade wisely.

Gj dulling me, lol, should have gone for GCAD which has done over 150 since i spotted a buy on both. Entered a buy stop on Ej. Morning star on 4hr. If price shoots above the gap support, the trade will pick.

Rozayx5's version of renko
Place renkolivechart it in the experts folder
Then on the 1m chart
Once you open the offline chart,place all the indicators on it and save as a template

There you go.....................

which TF do u use 4 d renko.....

sojmann:

Thank you for asking.
The MOST IMPORTANT filter is the DONCHIAN (CHANNEL)BANDS
Once the big 3 appears outside the donchian channel,look for a buy or sell signal as the case may be.
Secondly,you can get in 10pips earlier if you don't wait for the zwuk MA's to cross but instead use the 2 custom indicators (SS2009).
Thirdly use price projection on a blank chart for TP

Note:xb4 is on my chart because of force of habit.Don't think I will be needing it anymore

Hope this helps!

naijababe: Oil, downward pressure prevails. Sold at market at 93.63 my tp for now is 91.70. Gold, I am still standing aside oh!

If I was superstitious, I'd stop trading already, how first week of year go be ar5e whopping week like this? 110 pips lost this week already. E get as e be o. Oyel ran back up to above 78.6% and took me out

Thank Edumare for good money management, account for don blow sef.

This will be my last trade for this week o, unless the manic depressive Mr Market gives me my 110 pips and then some back.

Pending order to buy at 93.90 with 60 pips sl

double top formation on eurusd and euraud
will pull the trigger should current 4hr candle break the low of the previous one. I'm trading with caution. They
are looking quite bullish.
see chart below for details.
NB: Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

fxyoube: which TF do u use 4 d renko.....

1m

naijababe:

If I was superstitious, I'd stop trading already, how first week of year go be ar5e whopping week like this? 110 pips lost this week already. E get as e be o. Oyel ran back up to above 78.6% and took me out

Thank Edumare for good money management, account for don blow sef.

This will be my last trade for this week o, unless the manic depressive Mr Market gives me my 110 pips and then some back.

Looking to buy oil now with 60 pips sl

not only at your end babe, this week is like that so far, may be because the market did discount sales last week. the market opened her mind to every trader last week while we all maximize pips raking from Thus till friday. the week still young let see how it end. -9pips so far here

natruetalk:
not only at your end babe, this week is like that so far, may be because the market did discount sales last week. the market opened her mind to every trader last week while we all maximize pips raking from Thus till friday. the week still young let see how it end. -9pips so far here

Most of the pip rain happened right before my eyes but I had made a decision not to trade and I just had to stand by it.

frenchman2: double top formation on eurusd and euraud
will pull the trigger should current 4hr candle break the low of the previous one. I'm trading with caution. They
are looking quite bullish.
see chart below for details.
NB: Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

Oga switch to daily chart n c dt EU Is on daily support.

naijababe:

If I was superstitious, I'd stop trading already, how first week of year go be ar5e whopping week like this? 110 pips lost this week already. E get as e be o. Oyel ran back up to above 78.6% and took me out

Thank Edumare for good money management, account for don blow sef.

This will be my last trade for this week o, unless the manic depressive Mr Market gives me my 110 pips and then some back.

Pending order to buy at 93.90 with 60 pips sl

same here too... was stopped out... e be like say market just wan dey take my money... but na lie...
anyways... will be on the watchout for the close of the 4hr candle on oil before taking any decision again...
Gold seff dey for no go area for now... na to dey look remain now...

onlineresource:

same here too... was stopped out... e be like say market just wan dey take my money... but na lie...
anyways... will be on the watchout for the close of the 4hr candle on oil before taking any decision again...
Gold seff dey for no go area for now... na to dey look remain now...

Dat one dey behave like Ogbanje looking for who buy hin abiku market! Not me naijababe!!!. I will sell only if it breaks 1233 or buy either after it closes above 1255 or retests and close above 1218.

naijababe:

Dat one dey behave like Ogbanje looking for who buy hin abiku market! Not me naijababe!!!. I will sell only if it breaks 1233 or buy either after it closes above 1255 or retests and close above 1218.

yes ooo... na wetin me too dey wait for...

naijababe:

Most of the pip rain happened right before my eyes but I had made a decision not to trade and I just had to stand by it.

Babe am touched by your loss. I offer you at least 200 pips on EJ,GJ sell around 4am tomorrow.

Kirinwa:

Babe am touched by your loss. I offer you at least 200 pips on EJ,GJ sell around 4am tomorrow.

Emi ke? Currency?! Make I dey my lane abeg! I know oil and gold sabi behave like anjonu but when dem wan smile for me na like showers of blessing for the Man above Himself.

Lurked about Season 13 without knowing a new thread has been launched.

Best to be on the sidelines on Gold - till the US Trade Balance numbers are out. I do have a buy limit at 1230.xx however, SL 50pips down - TP 1247.xx.

Gents, Ladies. Good to see you all again.

VERY IMPORTANT!
Before taking any signals,look for price action candles on the 15min,30min or 1Hr chart!!