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Forex Trading - Season 13 - Business (346) - Nairaland

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Re: Forex Trading - Season 13 by rozayx5(m): 8:10am On Jun 17, 2013
frenchman2: my trades for monday;
sell gbp/aud 1.6350 tp .9180
buy aud/chf .8876 tp .9030
buy nzd/usd .8089 tp .8150
buy gbp/jpy 148.84 tp 149.80
sell gbp/nzd .9424 tp .9180

Let's see how they play out.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

GN= that guy is one trend master indeed

Re: Forex Trading - Season 13 by bommaster: 8:31am On Jun 17, 2013
Alert!

just bought EU 1.3321 sl 1.3361 tp 1.3421

goodluck
Re: Forex Trading - Season 13 by elewedu(m): 8:49am On Jun 17, 2013
Goodmorning to you all, I hope this week rains a lot of pips on us. Lastweek wasnt so good for me, i know it was good for most people here, i believe i will also be part of the winning team this week. I am presenly holding a sell position on usdcad, and a buy on audusd....i intend holding this trade for a while until i am very sure the trend is over, how it plays out? the pips will tell.bye for now
Re: Forex Trading - Season 13 by Kirinwa: 8:50am On Jun 17, 2013
Good Morning everyone,I wish to explain something critical here.News does and still affects the market movt.EJ and GJ are rallying up,why?News,check yesterday forexfactory news at 12:40pm came out negative for JPY.Hence what we are seeing now.BUT there's a news coming out by 9:00 and 10:00am for EU.As I have forcasted for that of 9:00am it might likely be negative for EU and GU which may cause it to crash downwards of course.Now this is the way to play it,if you're on EU and GU trade adjust your stoploss so you're on a no risk trade and await news.Same applies to gold.If I keep this information from you I won't be happy.Have a great trade.
Re: Forex Trading - Season 13 by bommaster: 8:54am On Jun 17, 2013
Kirinwa: Good Morning everyone,I wish to explain something critical here.News does and still affects the market movt.EJ and GJ are rallying up,why?News,check yesterday forexfactory news at 12:40pm came out negative for JPY.Hence what we are seeing now.BUT there's a news coming out by 9:00 and 10:00am for EU.As I have forcasted for that of 9:00am it might likely be negative for EU and GU which may cause it to crash downwards of course.Now this is the way to play it,if you're on EU and GU trade adjust your stoploss so you're on a no risk trade and await news.Same applies to gold.If I keep this information from you I won't be happy.Have a great trade.

have u check the calendar for news bro, don't think there will be any impact and if there is going to be 1 it will send the eu to the sky if what am seeing on my chart is true

the Eu bigest problem now is just 1.3400 once that levels pass hmmmmm
Re: Forex Trading - Season 13 by McNelson(m): 8:58am On Jun 17, 2013
Mrning guys...........Let's see who got the eagle eyes on EJ.............. Who can tell where the LONG for EJ will head to before coming down?
Re: Forex Trading - Season 13 by pippimp(m): 9:36am On Jun 17, 2013
On the Gold pair, with a break of 1395.60 enter a long with 2 lots. first take profit will be 1420.00 then let the other run to 1459.40. for GBPAUD, at its current price and price 16451, is an opportunity to sell to 16115 long term.

p.s all trades are for long term traders

Good luck (Mourinho out)
Re: Forex Trading - Season 13 by maxibrainz: 9:43am On Jun 17, 2013
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Re: Forex Trading - Season 13 by Kirinwa: 9:49am On Jun 17, 2013
My forcast came true for 9:00am EU release but now it remains 10:00am EU news if it's positive according to what is being expected EU will rally up BUT if it's NEGATIVE?EU and GU will crash.To be on the safe side wait for GU to go below 1.5700 and EU to go below 1.3300 for SELL.Happy trading.
Re: Forex Trading - Season 13 by frenchman2: 9:58am On Jun 17, 2013
rozayx5:

GN= that guy is one trend master indeed

very correct sir, it had already moved more than 100pips before i pulled the trigger.
eur/aud, eur/nzd, gbp/nzd and gbp/aud give me good pips. They're amazing.
on a good day they attain their ATR before NY open.
Re: Forex Trading - Season 13 by onlineresource: 10:37am On Jun 17, 2013
pip love-vendor:
On the Gold pair, with a break of 1395.60 enter a long with 2 lots. first take profit will be 1420.00 then let the other run to 1459.40. for GBPAUD, at its current price and price 16451, is an opportunity to sell to 16115 long term.

p.s all trades are for long term traders

Good luck (Mourinho out)

very true, thats why i said in my earlier analysis on gold earlier that a rejection at 1381-1383 area will give way for a long.
that is where am looking at.
Re: Forex Trading - Season 13 by surveycash(m): 10:51am On Jun 17, 2013
rozayx5: mehn EJ is a real money mag grin

I am eyeing 128.93 this week.

@onlineresource..welcome.
Re: Forex Trading - Season 13 by Nobody: 11:12am On Jun 17, 2013
If you are any serious about making money then you should be selling the Eur/Usd and buying the Eur/Jpy.
Re: Forex Trading - Season 13 by surveycash(m): 11:20am On Jun 17, 2013
@Frenchman,

Seems your system is an trend detector. I have joined the GN long.
Re: Forex Trading - Season 13 by pippimp(m): 11:35am On Jun 17, 2013
Of all the trendlines on the chart, the most important is the one with the arrow. A good trend will hug that trendline till price has met it's TP.

Re: Forex Trading - Season 13 by frenchman2: 12:02pm On Jun 17, 2013
surveycash: @Frenchman,

Seems your system is an trend detector. I have joined the GN long.

sir, i'm actually short on that pair

1 Like

Re: Forex Trading - Season 13 by adeyinkabasir(m): 12:04pm On Jun 17, 2013
looks like GBP/JPY has started its SELL shocked i guess it should get down to 147.636
Re: Forex Trading - Season 13 by surveycash(m): 12:42pm On Jun 17, 2013
frenchman2:

sir, i'm actually short on that pair

I mean to say 'short'. Thanks.
Re: Forex Trading - Season 13 by alfredinner: 12:43pm On Jun 17, 2013
US - #PartyPooper #Friday
End of week did not see good support from US releases. Figures in the U.S. were mixed. On the one hand, the Producer Price Index (PPI) came in positively and beat forecast.
On the other hand, the Preliminary University of Michigan consumer sentiment survey and the Industrial Production report failed to meet consensus.

There are a lot of red flags on the U.S. economic cupboard this week. for today, check out:

G8 Meetings (all day) - This will take place in Ireland and will be attended by leaders from the G8. Focus of the discussions will probably focus on Japan.

USD/UJY traders, keep an eye out for the above meeting today for it may result in a change in monetary policy or stimulus package.

Gluck!
Re: Forex Trading - Season 13 by onlineresource: 1:31pm On Jun 17, 2013
@naijababe, pls wats ur email, need to discuss some things with you...
Hope you are ready for trades later tonight or tomorrow
Re: Forex Trading - Season 13 by rozayx5(m): 4:28pm On Jun 17, 2013
Silent thread as usual on Mondays
Re: Forex Trading - Season 13 by pippimp(m): 4:46pm On Jun 17, 2013
pip love-vendor:
On the Gold pair, with a break of 1395.60 enter a long with 2 lots. first take profit will be 1420.00 then let the other run to 1459.40. [b]for GBPAUD, at its current price and price 16451, is an opportunity to sell to 16115 long term.

[/b]p.s all trades are for long term traders

Good luck (Mourinho out)

The gbpaud is null and void because 16451 was broken.
Re: Forex Trading - Season 13 by osahonmk(m): 5:04pm On Jun 17, 2013
Spending a lot to power ur laptops... Den u maybe consider dis. https://www.nairaland.com/1326834/external-laptop-batteries-packs-last#16296546
Re: Forex Trading - Season 13 by fxbomovi: 6:44pm On Jun 17, 2013
Pipsland78: If you are any serious about making money then you should be selling the Eur/Usd and buying the Eur/Jpy.
U are right. Bt nothing is certain.
Re: Forex Trading - Season 13 by Odionastron: 7:06pm On Jun 17, 2013
Please what do you guys think.
From this chart, I think once price breaks the circled region, then there would be a breakout since price is closing in the triangle.
Its EU. What do you think, house?

Re: Forex Trading - Season 13 by pippimp(m): 7:28pm On Jun 17, 2013
Too easy grin. . . .holy crap!!!

I will suggest one buys the usdchf for a tp of 9369. . . also sell gbpjpy for a tp of 14848 and 14817

Goodluck.
Re: Forex Trading - Season 13 by Nobody: 7:37pm On Jun 17, 2013
fxbomovi: U are right. Bt nothing is certain.
True! Which is why the SL is a trader's best friend. Trading without the SL is not only suicidal but also criminal.
Re: Forex Trading - Season 13 by meshpips(m): 7:47pm On Jun 17, 2013
pip love-vendor:
Too easy grin. . . .holy crap!!!

I will suggest one buys the usdchf for a tp of 9369. . . also sell gbpjpy for a tp of 14848 and 14817

Goodluck.
I dare say that you are wrong bro. weekly support was broken last week, I strongly suggest selling till 0.9080
Re: Forex Trading - Season 13 by pippimp(m): 7:54pm On Jun 17, 2013
meshpips: I dare say that you are wrong bro. weekly support was broken last week, I strongly suggest selling till 0.9080

Ok bros. . .
Re: Forex Trading - Season 13 by pippimp(m): 8:35pm On Jun 17, 2013
pip love-vendor:
Too easy grin. . . .holy crap!!!

I will suggest one buys the usdchf for a tp of 9369. . . also sell gbpjpy for a tp of 14848 and 14817

Goodluck.

gbpjpy target met. waiting on usdchf to meet it's target. so long as it keeps hugging that trendline we are good to go. Another nice sell off opportunity is presenting itself on the eurnzd pair for a 600 pip drop to 16029. we are just waiting for the most recent higher low to be broken to pull the trigger.

Good luck(Mourinho out)
Re: Forex Trading - Season 13 by pippimp(m): 8:44pm On Jun 17, 2013
Another pair to consider is the AUDUSD. Sell for a tp of 9478.

Good luck. . . .
Re: Forex Trading - Season 13 by Odionastron: 8:54pm On Jun 17, 2013
Wow shocked shocked I guess the strategy is working. It broke upwards.

House how far do you think this would go?

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