FOREXMART:

here. Have a look and tell me what u fink people.

how far bro? to be honest Eu is about the only pair giving confusing signals that is why i have stayed away from it. the price movement right now on 4hr is showing an impulse wave for further movement upwards while not giving a confirmation on daily. . . . .i no fit lie. . . there are too many pairs out there for me to start cracking my head on eurusd. . . . .

this is where it gets tricky on Gu. . . . .it might to go all the way to take profit point. . . .but most times it will retrace. you can take first part of profit now and wait for a retracement to price 16058 to sell again. . . . .this is why i like to enter a trade with 2 lots . . . . , Goodluck

tonjoan:

The charts speak volume if you look at them from higher time frames. Weekly has a bearish engulfing plus the stoch has turned, daily has got 5 ranging candles contained within the last major bearish candle which is the 7th from present while it's  macd still looks down and then 4hr has a double top pattern on candles and divergence on stochs. These all speak about selling.

Wow, Thanks. I guessed it was going down this morning but didn't know by how much.

Trading oscillator divergence can sure be a beauty.
Here's a chart.

http://my.jetscreenshot.com/demo/20111109-lpqw-73kb

Happy trading!

Meshach

Maximip:

Wow, Thanks. I guessed it was going down this morning but didn't know by how much.

Welcome. I guess we might see 1.3570 after a brief retracement.

hmmm. crazy eur usd

FOREXMART:

hmmm. crazy eur usd

It was expected. Should tire out today around 1.3570

Yeah I saw it coming posted it with a pic earlier. fanks

Are we there yet?

Season three most likely this week

@naijababe are we there yet-season 3

meshpips:

Trading oscillator divergence can sure be a beauty.
Here's a chart.

http://my.jetscreenshot.com/demo/20111109-lpqw-73kb

Happy trading!

Meshach

All these your technical terms eh,nawa o! If na compulsory to know all these things,i for no bother!! You too much joor,

Fantastic day. The long anticipated move visited and the major support lines were seen. Now focus shifted to XAUUSD (Gold) which has a spinning top and bearish divergence on daily as well as a shooting star on 4hr. Fingers crossed we should see 1753

tonjoan:

Fantastic day. The long anticipated move visited and the major support lines were seen. Now focus shifted to XAUUSD (Gold) which has a spinning top and bearish divergence on daily as well as a shooting star on 4hr. Fingers crossed we should see 1753

Counter trend?! and on gold too? Liver pass liver 

arthuryemi:

@naijababe are we there yet-season 3

Almost. Tomorrow probably

naijababe:

Counter trend?! and on gold too? Liver pass liver 

Almost. Tomorrow probably

i de trail am and stop loss at 1800.00

But na liver o.

tonjoan:

But na liver o.

I would go the other way with tp at 1820 area if i wanted to trade it

naijababe:

I would go the other way with tp at 1820 area if i wanted to trade it

Truely weekly and monthly still look up but given the daily and 4hr outlook i would rather sell with those parameters in place.

tonjoan:

Truely weekly and monthly still look up but given the daily and 4hr outlook i would rather sell with those parameters in place.

Godspeed

naijababe:

Godspeed

thanks. Coincidentally someone is also talking about Godspeed on radio at the same time I was reply to this.

Been staying away from eur/usd for some time.

but i've been stalking it this week.

I see something. I want to share my chart pattern analysis on this pair.

I'm yet to enter. I'm looking forward to selling. tomorrow's daily candle has to test a resistance first.

Everything is explained in the charts below.

monthly chart shows price is heading south

I noticed an engulfing candle on the weekly.

daily is in a channel heading south

I noticed a head and shoulder pattern on the 4hr.

from what i see every thing is pointing south.

Like i said earlier, i'll wait for today's cndle to close below the neck of the heads and shoulders

then wait for tomorrow's candle to test that line. looking forward to seeing this criteria being met before placing trade.

feel free to criticise my analysis.

PRICE IS KING FOLLOW IT WHEREVER IT GOES.

With the whole eurozone engulf in debts crisis and plans for some to exit, I think the only thing now is to press the sell button for euro pairs and forget about any technical shenanigans.

JAkpayen:

With the whole eurozone engulf in debts crisis and plans for some to exit, I think the only thing now is to press the sell button for euro pairs and forget about any technical shenanigans.

If the Italians are able to push Berlusconi out sooner rather than later, the bulls may come charging again

naijababe:



If the Italians are able to push Berlusconi out sooner rather than later, the bulls may come charging again

Lol, true. The gold is working accordingly.

@naijababe, Silvio Berlusconi is using his influence as a billionaire to hold on to power. Imagine he want early elections and not coalition govt before he can step down. Even Italy's debts cannot be bail-out with the EFSF currently. After Italy, Spain will be next, Merkozy wahala dey as Psquare sing am.

JAkpayen:

@naijababe, Silvio Berlusconi is using his influence as a billionaire to hold on to power. Imagine he want early elections and not coalition govt before he can step down. Even Italy's debts cannot be bail-out with the EFSF currently. After Italy, Spain will be next, Merkozy wahala dey as Psquare sing am.

His exit should bring back some much needed confidence. italian bonds at 7% didnt do the market any favours today

Here is the order of bearish treatment on EURUSD, Greece, Italy, Spain, Portugal and lastly France. And watch out for U.S plan to invade Iran which might set a rise to oil. As for euro/usd, the new plan am looking at till march next year is WAIT FOR BULLISH RETRACEMENT / SELL OFF. No more buying till all these countries are dealt with. Put the indicator i shared in monthly time frame and see what I mean. 1 country down, 4 more to go.

Love you all

[size=22pt]GBP/USD Daily trading Signal for 10/11/2011[/size]

Selling (Short) Order Signals

Sell Limit = 1.5965, TP= 1.5925 SL= 1.5995

Sell Limit = 1.6110, TP= 1.6070 SL= 1.6140

Buy (Long) Order Signals.

Buy Limit = 1.5820 TP= 1.5860 SL= 1.5790


Buy Stop = 1.6000 TP= 1.6040 SL= 1.5970


[size=22pt]EUR/USD Daily trading Signal for 10/11/2011[/size]

Sell (short) )order signals
Sell Limit = 1.3620 TP= 1.3580 SL= 1.3650

Sell Limit = 1.3830 TP= 1.3790 SL= 1.3860

Buy (long) order signal


Buy = 1.3655 TP= 1.3695 SL= 1.3625

Buy = 1.3385 TP= 1.3425 SL= 1.3355

THE PENDING ORDER METHOD IS THERE FOR YOUR USE.

IT IS ADVISABLE TO USE TRAILING STOP TO CAPTURE SOME PROFIT!


NOTE
This signal is provided as is by Insta Forex Nig ( www.InstaFxNg.com ) and though we have taken utmost care and used the best available tools to generate these signals, by using it you agree to release us from every liability arising directly or indirectly from the use of same signals.Although the source of the signals has been producing about 85% accurate signals, we will advice that you should try it on your demo account before you use them on your live account. Remember Online Forex carries a degree of risk so do not use borrowed or money you cannot afford to lose to trade Forex. Always make sure you apply money management, high lot (volume) can be dangerous. Never enter a trade with more than 10% of your account size.

Don’t forget to meet with fellow traders at www.chatnownow.com

Have a nice trading day

This is rare. . . . Gu just falling like crazy. . . .which it should. . . but it's too fast. . . . .a retracement to 16058 should be expected, . . . but if it does not. . . .oh well. . . .that is why i like entering 2 lots in a trade. . . .Goodluck y'all.

Thanks Instafx, it's even good that we are getting the signals early enough to enter the trades.


Thanks a million times.

Be extremely careful of eurusd short y'all. . . . .eu just gave confirmation for a long move to as high as 13990 on 4hr. . . . .but still waiting for confirmation on daily. . . . .goodluck y'all.