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Forex Trading - Season 14 - Business (197) - Nairaland

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Re: Forex Trading - Season 14 by Masive01(m): 6:09pm On Nov 20, 2014
iyabodeh:
Hi. I wanna learn this thing.

iyabodeh:
I like things hard. grin not swayed cos I still want to learn

evil999:

teach me forex babe embarassed
teach me forex babe

For the forex newbies, cool My latest blog post has arrived. I no follow them to post signals and strategy yet. Because I have started from the bottom grin grin.
Head over to blog and read up. my latest post on Instaforex review is out. I have also reviewed Liteforex and FXCM. Feel free to comment and contact. cool cheesy

4 Likes

Re: Forex Trading - Season 14 by caesaraba(m): 9:03pm On Nov 20, 2014
Eyes up. Pin bar forming on EJ, UJ daily TF. How do we approach cheesy

cc naijababe

Re: Forex Trading - Season 14 by ecrestglobal(m): 6:54am On Nov 21, 2014
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Re: Forex Trading - Season 14 by MikkeyJ: 8:03am On Nov 21, 2014
It's so dry in here. Market has not been movin well after the u.s stimulus ended.that made lot of traders millionaires.
Re: Forex Trading - Season 14 by elyte(m): 8:10am On Nov 21, 2014
My View on Eurusd

Eurusd has engaged itself in a very fierce bearish movement from April this year. This move is to complete the triangle corrective pattern which started in June 2008.

With this correction we are likely to see eurusd dipping further to strike the support line of the triangle or penetrate for a little throw-under and move immediately back to the triangle zone. Price should be contained within this region ( 1.2150 and 1.8850) if the long term bullish move will ever resume for probably the next decade.

In the daily chart, the move from April 2014 is a very bearish impulsive move with its last wave forming and looks uncompleted. The 5th wave could take us to the regions I mentioned above.

Presently market is consolidating within a zig-zag (4 hour chart) corrective channel, 4th wave of the wave 5 0f 5 mentioned above. If price breaks this channel downward, (1.2150 and 1.8850) region will be the new haven of eurusd and we shall watch its reaction there ( bounce or penetration)
If price breaks above 1.2600, price could be ready for a long bullish move and we will require a new short term analysis to decipher the message price is passing across to us.

Get the full analysis with analytical charts of the weekly, daily and intra day time frame at www.forexsnipper..com and bookmark it

1 Like

Re: Forex Trading - Season 14 by ugees(m): 10:56am On Nov 21, 2014
Nice call.
caesaraba:
Eyes up. Pin bar forming on EJ, UJ daily TF. How do we approach cheesy

Re: Forex Trading - Season 14 by caesaraba(m): 12:12pm On Nov 21, 2014
ugees:
Nice call.

Thanks.
Re: Forex Trading - Season 14 by Nobody: 12:36pm On Nov 21, 2014
I expected one of the ZIGZAG DOUBLE BOTTOM traders to post a trade alert buy GU at 1.5630 for a 50pips take profit.
Re: Forex Trading - Season 14 by elyte(m): 12:40pm On Nov 21, 2014
elyte:
My View on Eurusd

Eurusd has engaged itself in a very fierce bearish movement from April this year. This move is to complete the triangle corrective pattern which started in June 2008.

With this correction we are likely to see eurusd dipping further to strike the support line of the triangle or penetrate for a little throw-under and move immediately back to the triangle zone. Price should be contained within this region ( 1.2150 and 1.8850) if the long term bullish move will ever resume for probably the next decade.

In the daily chart, the move from April 2014 is a very bearish impulsive move with its last wave forming and looks uncompleted. The 5th wave could take us to the regions I mentioned above.

Presently market is consolidating within a zig-zag (4 hour chart) corrective channel, 4th wave of the wave 5 0f 5 mentioned above. If price breaks this channel downward, (1.2150 and 1.8850) region will be the new haven of eurusd and we shall watch its reaction there ( bounce or penetration)
If price breaks above 1.2600, price could be ready for a long bullish move and we will require a new short term analysis to decipher the message price is passing across to us.

Get the full analysis with analytical charts of the weekly, daily and intra day time frame at www.forexsnipper..com and bookmark it

As expected, Eurusd moving down very fast...wow
Re: Forex Trading - Season 14 by fxbomovi: 2:46pm On Nov 21, 2014
where is everybody. dry & quiet house
Re: Forex Trading - Season 14 by seyejohn94: 4:08pm On Nov 21, 2014
bought gold.....will leave it till next week ....
Re: Forex Trading - Season 14 by docus: 4:09pm On Nov 21, 2014
fxbomovi:
where is everybody. dry & quiet house

i guess weekend things. gold buy activated. lets see hw it plays out.
Re: Forex Trading - Season 14 by Odionastron: 4:56pm On Nov 21, 2014
I set a tp on oil at 77.80. Yet my broker did not let price get there. My platform shows that oil got to a high of 77.77. Barchart says today's high is 77.83. Can someone comfirm oil's high for me?
Re: Forex Trading - Season 14 by Nobody: 5:00pm On Nov 21, 2014
Odionastron:
I set a tp on oil at 77.80. Yet my broker did not let price get there. My platform shows that oil got to a high of 77.77. Barchart says today's high is 77.83. Can someone comfirm oil's high for me?

77.79 on my platform. Can I jus say oil is a SOB angry
Re: Forex Trading - Season 14 by Odionastron: 5:37pm On Nov 21, 2014
naijababe:


77.79 on my platform. Can I jus say oil is a SOB angry

No don't say it. Market will pay for this next week.
Na us and dem again next week.
Re: Forex Trading - Season 14 by harizonal123(m): 6:29pm On Nov 21, 2014
Hmmmm.... what a week! thank God for sl's

Odionastron:

No don't say it. Market will pay for this next week.
Na us and dem again next week.
I see emotions coming into play here. My brother odi dangerous
Re: Forex Trading - Season 14 by Odionastron: 7:14pm On Nov 21, 2014
harizonal123:
Hmmmm.... what a week! thank God for sl's


I see emotions coming into play here. My brother odi dangerous

Lool. No, I still closed in profits. I bought yesterday at 75.06, tp at 77.80 and sl at 74.20. I closed this evening at 76.52. Do the Maths. I was only lamenting because I would have made a total of about 260 pips as against the about 140 pips I made. Hope I dint confuse you sha. wink
Re: Forex Trading - Season 14 by Nobody: 8:38pm On Nov 22, 2014
Coming week analysis in progress...

1 Like

Re: Forex Trading - Season 14 by youngmega: 9:22pm On Nov 22, 2014
BOss elyte I throway cap for you with your analysis ...to throw more insight on EU ..
On Monthly tf ...
Price will get to the support zone and move there are two possible scenarios either price breaks the support and Head down or it moves up after the completion of triangle price will make a Bulling swing ..For up to years to complete the triangle set up(not triangle is either price move up complete the 9wave traingel or it moves down to (Y) to complete a double threes) ...

On 4hr tf after the completion of the diagonal triangle price makes a downward wave 1 ..and will be making a 50percent retracement to complete the wave 3 move (lot of pips) ....down to the monthly support Zone ...
Stay tune ... Price is the key make we follow bumper to bumper



@youngmega @mzeevick

Re: Forex Trading - Season 14 by emiye(m): 10:23pm On Nov 22, 2014
I sold EJ few minutes to close of trade yesterday, a shooting star and an evening star formation on daily was my decision basis,
i hope, i am not alone.
Re: Forex Trading - Season 14 by docus: 9:14am On Nov 23, 2014
emiye:
I sold EJ few minutes to close of trade yesterday, a shooting star and an evening star formation on daily was my decision basis,
i hope, i am not alone.

lol in fx, u can never be alone. is either u are on the bull or bear side. As for me i will look for more sell signal still on the daily b4 pulling d trigger. jpy pairs still looks kind of bullish to me
Re: Forex Trading - Season 14 by emiye(m): 2:23pm On Nov 23, 2014
docus:


lol in fx, u can never be alone. is either u are on the bull or bear side. As for me i will look for more sell signal still on the daily b4 pulling d trigger. jpy pairs still looks kind of bullish to me
smiley smiley I dey wonder o, My trainer has hands off me, so my 2months old live experience is all i've got left . I fear the jpy pairs still have latent bullishness, the more reason i didnt sell UJ and GJ.
Re: Forex Trading - Season 14 by gigfx: 7:01pm On Nov 23, 2014
Time to short EU

Re: Forex Trading - Season 14 by Nobody: 8:28pm On Nov 23, 2014
From PRICE ACTION DOUBLE BOTTOM and zigzag point of view, AUDCAD is ripe for a buy at market open @ 0.9731. With a take profit of 103pips, if there is no JUMP. RRR= 1;1

1 Like

Re: Forex Trading - Season 14 by willscolf: 12:20pm On Nov 24, 2014
hmmmm,b like say people want trade witout 2day,any how more pips 2 ur elbow
Re: Forex Trading - Season 14 by fxbomovi: 1:43pm On Nov 24, 2014
How to avoid losing streaks:
1. trade only major pairs
2. take one trade at a time
3. take your trading signals only from one timeframe

3 Likes

Re: Forex Trading - Season 14 by fxbomovi: 2:09pm On Nov 24, 2014
Buy eurjpy now @146.80 Stop @146.60 Profit @147.80
Re: Forex Trading - Season 14 by dashintrends: 2:37pm On Nov 24, 2014
would have been great!
fxbomovi:
Buy eurjpy now @146.80 Stop @146.60 Profit @147.80
Re: Forex Trading - Season 14 by fxbomovi: 2:44pm On Nov 24, 2014
dashintrends:
would have been great!
trade is still on.
Re: Forex Trading - Season 14 by dashintrends: 3:09pm On Nov 24, 2014
am in...
thanks for the alert
fxbomovi:
trade is still on.
Re: Forex Trading - Season 14 by elyte(m): 9:26pm On Nov 24, 2014
youngmega:
BOss elyte I throway cap for you with your analysis ...to throw more insight on EU ..
On Monthly tf ...
Price will get to the support zone and move there are two possible scenarios either price breaks the support and Head down or it moves up after the completion of triangle price will make a Bulling swing ..For up to years to complete the triangle set up(not triangle is either price move up complete the 9wave traingel or it moves down to (Y) to complete a double threes) ...

On 4hr tf after the completion of the diagonal triangle price makes a downward wave 1 ..and will be making a 50percent retracement to complete the wave 3 move (lot of pips) ....down to the monthly support Zone ...
Stay tune ... Price is the key make we follow bumper to bumper



@youngmega @mzeevick

Thanks man.... Nice analysis there... Well done ... More pips to your account

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