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Forex Trade Alerts - Season 5 - Business (10) - Nairaland

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Re: Forex Trade Alerts - Season 5 by dboy365: 3:39am On Feb 29, 2012
lawson007:

my people,these are my trades for today

Gj BUY @128.10     tP 129.80
Usdchf Sell @ 0.8976     tp  0.8760
buy gold @ 1784.10 for 324 pips  brutal BUY
Ej BUY @ 108.71     tp 110.25
GU,,EU buy
make una wish me well na.
wish you luck,
Re: Forex Trade Alerts - Season 5 by nolly042(m): 6:16am On Feb 29, 2012
Dear Jesus our lives and accounts are in your hands. most of us here are into a massive buy this morning.our indicators says so but still we depend so much on you. Father may our TPs be hit this morning in JESUS mighty name i have prayed,  AMEN
Re: Forex Trade Alerts - Season 5 by mekuzoil(m): 6:41am On Feb 29, 2012
@Nolly

Nice prayer,but next time,start by thanking him for the green pips of the previous day.
Re: Forex Trade Alerts - Season 5 by tonjoan: 6:43am On Feb 29, 2012
4hr double top, bearish divergences. Good poinr for sell.
Re: Forex Trade Alerts - Season 5 by piphunter(m): 6:56am On Feb 29, 2012
Waiting to buy gu at 5900
Re: Forex Trade Alerts - Season 5 by tonjoan: 7:03am On Feb 29, 2012
Gu and eu looking pretty much bearish right now.100 pips tanking is imminent.
Re: Forex Trade Alerts - Season 5 by tonjoan: 7:05am On Feb 29, 2012
Gu and eu looking pretty much bearish and usdchf bullish right now.100 pips tanking and rallying respectively is imminent.
Re: Forex Trade Alerts - Season 5 by piphunter(m): 7:43am On Feb 29, 2012
After yesterdays bullish declaration I do not think the gu is ever gonna see any hundred pip tanking anytime soon. Remember the ten day bullish run not to long ago? I think that run its about to resume
Re: Forex Trade Alerts - Season 5 by Nobody: 7:45am On Feb 29, 2012
Waiting fo EU to hit the pivot so i can buy again
Re: Forex Trade Alerts - Season 5 by Ogboraph(m): 7:57am On Feb 29, 2012
tonjoan:

Gu and eu looking pretty much bearish right now.100 pips tanking is imminent.
don't do that now

i woke up this morning only to see pips above my profit target yet my trade did not close still running grin grin grin now i can take profit
Re: Forex Trade Alerts - Season 5 by tonjoan: 7:59am On Feb 29, 2012
piphunter:

After yesterdays bullish declaration I do not think the gu is ever gonna see any hundred pip tanking anytime soon. Remember the ten day bullish run not to long ago?  I think that run its about to resume

1.61 is beckoning but buying from here is far too risky for me safe it closes 1.5960
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:01am On Feb 29, 2012
Ogboraph:

don't do that now

i woke up this morning only to see pips above my profit target yet my trade did not close still running grin grin grin now i can take profit

Done already. smiley
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:07am On Feb 29, 2012
Ogboraph:

don't do that now

i woke up this morning only to see pips above my profit target yet my trade did not close still running grin grin grin now i can take profit

Can't buy here when some brokers platform have a doji and others a shooting star off the double top resistance line on 4hr. These candle formations and patterns are too important to ignore. However, should they cave in then I look for 1.61 on gu.
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:12am On Feb 29, 2012
If I may add, these heights on gu and eu are supposed to be take profit points for now. Don't get me wrong, the main trend is bullish but we need some tanking from this point.
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:13am On Feb 29, 2012
There also is a tendency we might see yesterday's low as it looks like daily is forming 3 bhuddha top.
Re: Forex Trade Alerts - Season 5 by Nobody: 8:25am On Feb 29, 2012
Men today is the last day of Febuary, i think EU may retrace a little on the monthly candle, so am removing my mind on Buying, instead i will Focus on Selling
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:27am On Feb 29, 2012
odiaero:

Men today is the last day of Febuary, i think EU may retrace a little on the monthly candle, so am removing my mind on Buying, instead i will Focus on Selling

Now you're talking bro. End of month profit taking.
Re: Forex Trade Alerts - Season 5 by FXKing2012(m): 8:40am On Feb 29, 2012
Are we buying, selling or sitting on the fence?
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:45am On Feb 29, 2012
FXKing2012:

Are we buying, selling or sitting on the fence?

Which one are u doing bro? Hope u r not going the eutychus way
Re: Forex Trade Alerts - Season 5 by Ogboraph(m): 8:49am On Feb 29, 2012
why am i the only one seeing buy on GBPUSD?  remember this month is 29days
Re: Forex Trade Alerts - Season 5 by whirlweend(m): 8:54am On Feb 29, 2012
FXKing2012:

Are we buying, selling or sitting on the fence?

As for Eurusd,strong resistance on the daily,weekly and monthly charts.I have sold with TP at 1.3392
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:55am On Feb 29, 2012
These scenarios are too important to disregard I think.
1. Double top off the resistance line
2. Inverted head and shoulder
3. Shooting star off the resistance line
4. Bearish divergences on the macd and stochastic.
All on the 4hr dont speak too well for the bulls.

MY opinion: We are likely to close today bearish giving a possible 3 bhudha top formation. Let's also have in mind the possibility of end of month profit taking.
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:56am On Feb 29, 2012
whirlweend:

As for Eurusd,strong resistance on the daily,weekly and monthly charts.I have sold with TP at 1.3392

Same view.
Re: Forex Trade Alerts - Season 5 by tonjoan: 8:58am On Feb 29, 2012
Ogboraph:

why am i the only one seeing buy on GBPUSD?  remember this month is 29days

But it is still end of month.
Re: Forex Trade Alerts - Season 5 by whirlweend(m): 9:01am On Feb 29, 2012
Ogboraph:

why am i the only one seeing buy on GBPUSD?  remember this month is 29days

I believe Gbpusd is bullish biased but I see a retracement to 1.58xx before the upside movement resumes to 1.61xx hopefully.I have decided to wait and see that happen,if not,all well and good.Just my opinion.
Re: Forex Trade Alerts - Season 5 by tonjoan: 9:04am On Feb 29, 2012
whirlweend:

I believe Gbpusd is bullish biased but I see a retracement to 1.58xx before the upside movement resumes to 1.61xx hopefully.I have decided to wait and see that happen,if not,all well and good.Just my opinion.

Spot on.
Re: Forex Trade Alerts - Season 5 by Ogboraph(m): 9:09am On Feb 29, 2012
whirlweend:

I believe Gbpusd is bullish biased but I see a retracement to 1.58xx before the upside movement resumes to 1.61xx hopefully.I have decided to wait and see that happen,if not,all well and good.Just my opinion.
i am waiting for it too, i just sold EURUS now to take profit at 1.3440
Re: Forex Trade Alerts - Season 5 by FXGBUG: 9:10am On Feb 29, 2012
House. What are the odds of EUR/JPY getting back to 101.
Re: Forex Trade Alerts - Season 5 by tonjoan: 9:12am On Feb 29, 2012
FXGBUG:

House. What are the odds of EUR/JPY getting back to 101.

Will be a long long waiting.
Re: Forex Trade Alerts - Season 5 by tonjoan: 9:13am On Feb 29, 2012
Ogboraph:

i am waiting for it too, i just sold EURUS now to take profit at 1.3440

1.3389-1.3366 knocks on the door.
Re: Forex Trade Alerts - Season 5 by nolly042(m): 9:15am On Feb 29, 2012
my opinion for GU though the daily R1 stands as a resistance their may be a retracement to daily pivot but then 1.6xxx still on my mind
Re: Forex Trade Alerts - Season 5 by FXKing2012(m): 9:29am On Feb 29, 2012
tonjoan:

Which one are u doing bro? Hope u r not going the eutychus way

I'm strongly in favour of buying GBP/USD at 1.5915 with SL at 1.5865.

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