Owliver:
yh gold hit a support and formed a bullish pin bar(1hr tf) before the news. Note there were more sellers before the news.

I just entered a sell

mrikay:


I just entered a sell

nice trade but i would rather wait for 1141 take out

mrikay:


I just entered a sell

Welcome onboard, lets join hands and pull it down

pls i need help o.... Can someone pls tell me what is it about gbpnzd that is turning my account to red?

closed EU trade at +30pips. watching Gchef(sell) and Ecad(buy)...

mrikay:
pls i need help o.... Can someone pls tell me what is it about gbpnzd that is turning my account to red?

reacting to price sins of NZD....FSLs i guess. It has served as safe heaven since may.

mrikay:
pls i need help o.... Can someone pls tell me what is it about gbpnzd that is turning my account to red?

sell bias for GBP

namdo:
reacting to price sins of NZD....FSLs i guess.

I am not very bright... Pls speak plainly. Thanks

Owliver:
closed EU trade at +30pips. .

We go pull EU down whether them like it or not

benpuzzy:


We go pull EU down whether them like it or not

Lol. i just wana leave that guy. i see a buy set up on smaller tf(15min). i'll look else where till further notice.

House i just entered a second buy on USDCHF, you can join to help push the price upwaard......"FX IS SWEET"

mrikay:


I am not very bright... Pls speak plainly. Thanks

I am not very bright too bro, that's why i speak unplainly ok my little understanding ( on long term trading i do) is that there are failed stochastic levels in market pricing when technically due to liquid currencies and some other factors price is pushed far beyond the normal by traders- banks and fund managers and other major market players causing huge losses for mere retailers like us if we do nothing to close our positions or follow the trend ( I call it price 'sin'). In this case NZD has committed this sin since May- Check daily chart. At a point in time they get tired of pushing against stochastic levels again due to some reason and retrace over time to those failed levels. This also happened in recent past months on GBP/JPY. They are simply reacting as humans they are. For long term trading it happens over and over again and if you have huge funds to trade with you just might take advantage of that to let your position run through when you recognize one early. I just hope I made sense. From this I expect GBPNZD to eventually long to about 2.4000 area before facing the failed Stoch levels towards 2.100 in long term. You may check NZDUSD too reacting to it this season. Nothing is as always guaranteed but we all should keep close watch.

Oil traders in the house, if you can conveniently risk 120pips then sell Oil at the current price.

North bias on AUDNZD
BOUGHT ALREADY

Recommended pair for this news is GBPUSD, stay tuned

benpuzzy:
We are selling EURGBP at d current price, 50pips SL. "FX IS SWEET".

Trade closed with +27pips, reason: I dont like what i am seeing on this for now

EURUSD has turned UPWARD. BUY now.

The fast fall in the GbpJpy had been forecast after a very powerful reversal pattern showed up- I call the pattern the 'pregnant diagonal' i.e a diagonal pattern ending a larger degree diagonal pattern. You can read the forecast >>> http://forexsnipper..com.ng/2015/08/gbpjpy-when-will-bears-take-over.html

And then read how price react later after the pattern completed.
http://forexsnipper..com.ng/2015/08/what-drive-diagonals.html

The fall was fast just as expected knowing that a diagonal is often followed by a fast counter move to its starting point.

The short is still expected to continue as price is probably in the second wave ( a probable double zigzag corrective pattern) of a probable third wave of the bearish new move.

If price is contained below 185 and breaks below the trend line shown in the chart below, a short opportunity might present itself as price could break below 180.2 on a journey to 174.6 ( the starting point of the larger diagonal)

Buy EURNZD and EURCAD now. Defined your risk well

benpuzzy:


I will maintain my UJ sell position .........."FX IS SWEET"

This pair is moving in a snail speed pace and i am not comfortable with it, lets manage our trade by adjusting SL to Breakeven

Usernametaken:


Pls reply your pm

I no dey see dem ooo,

No vex.

Will check spam today

Please can we check out EA for buy today?

GBPUSD
SELL @ 1.53116
TP @ 1.52000
SL @ 1.53623

Owliver:
Lol. i just wana leave that guy. i see a buy set up on smaller tf(15min). i'll look else where till further notice.

Owliver:
closed EU trade at +30pips. watching Gchef(sell) and Ecad(buy) ...

i didnt expect these pairs to take off soon. i will wait for gchef retracement or forget it

i rili need to start taking trades with wide SL meeehn

Owliver:
nice trade but i would rather wait for 1141 take out

just bought gold.let aee how this one goes

lawson007:
Please can we check out EA for buy today?

Oga u no need talk am with low voice cos we don enter since even added another position

benpuzzy:
House i just entered a second buy on USDCHF, you can join to help push the price upwaard......"FX IS SWEET"

One position hit stop loss, the other ended with +30pips. E no easyoooooooooo.

just sold eu. i will close if the yellow line proves stubborn

Gbp/Jpy buy 2 days ago

Another buy on Eur/Gbp few minute ago +41pips