Possible sell on EURAUD if there is a breakout.


Meanwhile, there is already a break out on the EURNZD. Wait for a possible retest and a sell.

[img][/img]

PIPnator:
EURNZD Daily..
Im in already, lets see how it goes..
41pips at the moment.

Nice call brother, I took it with you

Edd1e:
[img][/img]

Nice call brother, I took it with you

Correct..
I see its doing about 87pips on your end.
Nice.



**You are one of the big players here.
Biko post sometimes na, you cant be chopping the 480++ pips alone na

I will like to share some trading nuggets:

Traders should find a currency strength indicator, trading the weak vs strong currency has its perks, you pick a trade with momentum that way, all you have to do is find a good entry. Daý traders, scalpers and even swing traders will find it important.

There are many strength indicator on forexfactoryband some other forex forum, just find the one that works for you.

Happy trading.

PIPnator:


Correct..
I see its doing about 87pips on your end.
Nice.



**You are one of the big players here.
Biko post sometimes na, you cant be chopping the 480++ pips alone na

Na u be boss o,
Anyway, I will try post some trade calls here too, Thanks for keeping this thread alive.

Happy pipping bro

Trading correlations:

Traders should be aware of some pairs that are negatively and positively correlated,

Mostly, I am aware of this negatively correlated pairs

EURNZD - NZDCHF
EURGBP - GBPCHF
EURCAD - CADCHF
EURUSD - USDCHF
EURAUD - AUDCHF

When trading and analysing 'EUR related' pairs, take a moment and check the 'CHF related' pairs, be wary of ur risk when trading those pairs.

ECAD Long @ 1.5159
SL 1.5113
TP1.5210

teemy:
ECAD Long @ 1.5159
SL 1.5113
TP1.5210

If you ask me, I would say.
EUR pairs are trending seriously downwards.
I wouldnt buy the retracement rather, I will wait for it to retracement to complete (resistance) and then sell.

But notwithstanding, Sellers make $$$, buyers make $$$ too.
It all depends on your analysis.

PIPnator:





If you ask me, I would say.
EUR pairs are trending seriously downwards.
I wouldnt buy the retracement rather, I will wait for it to retracement to complete (resistance) and then sell.

But notwithstanding, Sellers make $$$, buyers make $$$ too.
It all depends on your analysis.

True, working forwards its retracement towards its previous fall length.

I'm lost here can anyone put me through? I really want to learn this forex

Edd1e:
Trading correlations:

Traders should be aware of some pairs that are negatively and positively correlated,

Mostly, I am aware of this negatively correlated pairs

EURNZD - NZDCHF
EURGBP - GBPCHF
EURCAD - CADCHF
EURUSD - USDCHF
EURAUD - AUDCHF

When trading and analysing 'EUR related' pairs, take a moment and check the 'CHF related' pairs, be wary of ur risk when trading those pairs.

Take this my oga analysis seriously. You want to make money continuously in fx, learn correlation too with weak vs strong ( currency strength as I said yesterday). With that long term trading can be easier.
You need good resources, check www.actionforex.com . Gone are the days we used to access the site through proxy because they will never allow Nigerians i.p.s but they have unblocked us. Many links to get good signals too and learn about making money with good analysis on the site too.

Strong news coming out from Australia later.
Lets hope the news is strong enough to break the Support in GBPAUD and EURAUD for continued sell.


GBPAUD 4Hrs
EURAUD 4hrs



***I mistakenly closed my EURNZD position with about 160pips.
The thing pain me, because I know that trade could make over 300pips.

Some possible trades..
EURNZD
GBPJPY
USDJPY

PIPnator:
Some possible trades..
EURNZD
GBPJPY
USDJPY

I learnt Forex basics on my own... But i won't mind being Tutoured by a Forex professor... Do you still collect students...

FDOzioma:
I learnt Forex basics on my own... But i won't mind being Tutoured by a Forex professor... Do you still collect students...

To be perfectly honest with you, im a student of forex myself.
Thats the reason I encourage us all to post here so we can all learn together.
If you'd look through my posts, you will notice that my trades weren't always good.
It improved/improving across time. One of the reasons for the improvements is, i post here.
I use NL as my journal, to learn and relearn what I thought I may know. I post too so that others can constructively criticize my charts/posts without insults.
If its OK with you, please post your trade/chart concerns here. I will do my best to make inputs and others will too.
That way, we all learn together. However, if you think your concern should be private, you can send a private email but I cant guarrantee prompt response.

Patience pays right..
Bn holding this trade for daysss (CADJPY)

But mehn USDCHF sell, is over stretching the limit of that patience.
Ive had that trade for weeks, it once did 115pips (2 positions)
Its been doing in and out of profit..
The reason im still holing it is, I held EURCHF sell for dayssss.
When I finally closed it manually with a loss, same days it moved over 50pips and the next day, it hit my TP.

PIPnator:


To be perfectly honest with you, im a student of forex myself.
Thats the reason I encourage us all to post here so we can all learn together.
If you'd look through my posts, you will notice that my trades weren't always good.
It improved/improving across time. One of the reasons for the improvements is, i post here.
I use NL as my journal, to learn and relearn what I thought I may know. I post too so that others can constructively criticize my charts/posts without insults.
If its OK with you, please post your trade/chart concerns here. I will do my best to make inputs and others will too.
That way, we all learn together. However, if you think your concern should be private, you can send a private email but I cant guarrantee prompt response.

thanks...thanks a lot bro...i'll be posting my charts here very soon...

JPY pairs looking sweet to buy@cms USD/JPY,, EUR/JPY, CHF/JPY

Demo account created in the morning
Just dey play kalokalo with am

So the 400USD is the profit or what

femo86:
Demo account created in the morning
Just dey play kalokalo with am

So the 400USD is the profit or what

yes boss...thats your profit...just an advice keep it real and practice with smaller lot sizes...

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PIPnator:


To be perfectly honest with you, im a student of forex myself.
Thats the reason I encourage us all to post here so we can all learn together.
If you'd look through my posts, you will notice that my trades weren't always good.
It improved/improving across time. One of the reasons for the improvements is, i post here.
I use NL as my journal, to learn and relearn what I thought I may know. I post too so that others can constructively criticize my charts/posts without insults.
If its OK with you, please post your trade/chart concerns here. I will do my best to make inputs and others will too.
That way, we all learn together. However, if you think your concern should be private, you can send a private email but I cant guarrantee prompt response.

here is a png of my chart...am just so confused how you guys can make meaning from the green charts...and rake up 300 pips...jeez...i have a lot to learn am still on 15pips and upwards profit...that being said...how can i enter at the best time??...wait to get the best profit...and most importantly ...understand this una naked green charts ...cause it sure looks like you guys are wearing VR while looking at the charts...

FDOzioma:
yes boss...thats your profit...just an advice keep it real and practice with smaller lot sizes...

:Wao....That's how it works....

I'm just a beginner and joking around with it though

Will dive in pretty soon..Thanks for the advise

femo86:


:Wao....That's how it works....

I'm just a beginner and joking around with it though

Will dive in pretty soon..Thanks for the advise

UWC Boss Anytime...

FDOzioma:
here is a png of my chart...am just so confused how you guys can make meaning from the green charts...and rake up 300 pips...jeez...i have a lot to learn am still on 15pips and upwards profit...that being said...how can i enter at the best time??...wait to get the best profit...and most importantly ...understand this una naked green charts ...cause it sure looks like you guys are wearing VR while looking at the charts...

I hope this makes some sense.
I did that in a hurry, was feeling sleepy as its night already.
Thats a bit of how i read my charts.



Ps. Here is what I do.
I start looking at my chart from weekly.
From the weekly, i start to note the support and resistance, the overall trend, draw trendlines. From weekly, i proceed to daily, do the same thing and then to 4hrs and 1hr. I take my trades from 1hr.

Increasing

I need a tutor........make I learn from una experts

I'm new here please help me house, i really want to learn this forex

PIPnator:


To be perfectly honest with you, im a student of forex myself.
Thats the reason I encourage us all to post here so we can all learn together.
If you'd look through my posts, you will notice that my trades weren't always good.
It improved/improving across time. One of the reasons for the improvements is, i post here.
I use NL as my journal, to learn and relearn what I thought I may know. I post too so that others can constructively criticize my charts/posts without insults.
If its OK with you, please post your trade/chart concerns here. I will do my best to make inputs and others will too.
That way, we all learn together. However, if you think your concern should be private, you can send a private email but I cant guarrantee prompt response.

you are definitely getting better bro, keeping it simple !

PIPnator:


I hope this makes some sense.
I did that in a hurry, was feeling sleepy as its night already.
Thats a bit of how i read my charts.



Ps. Here is what I do.
I start looking at my chart from weekly.
From the weekly, i start to note the support and resistance, the overall trend, draw trendlines. From weekly, i proceed to daily, do the same thing and then to 4hrs and 1hr. I take my trades from 1hr.

Thanks bro...already trying this on my demo...maybe by next week i'll finally use it on my live account as well...

Some news coming out from Canada.. Lets see how price reacts.
Im hoping the new is able to push price up to the resistance, so we can look towards selling it from next week..

CADCHF Daily and 1hr.

****Update on CADCHF

The news didnt go as speculated..
Maybe the sell party just started.
Note the double top and also, the break out from price channel.
We will know more by next week.

Wishing everyone a happy weekend.