Oil sellstop 108.00

First off, on gold, if you didn't catch that first move, place a sellstop 1313.4x, TP at 1301.xx

smh...started the week with -90pips closed.God dey sha.

EU= BUY ONLY
GU= BUY ONLY
EJ= BUY ONLY
NU= BUY ONLY
NJ= BUY ONLY
UCAD= SELL ONLY.

GOOD LUCK.
JUST PLACED A BUY TRADE ON EJ at 131.457 NOW FOR 40 PIPS TARGET.

Kirinwa: Oil sellstop 108.00

Triggered

EU sellstop 1.3140
GU " 1.5270

rozayx5: All is set for a long term ( daily chart) EURAUD buy

nice to steady again after a long offline week

sir, i'm actually thinking of selling this week. let's see what happens you might be right.

FOREXMARTS: EU= BUY ONLY
GU= BUY ONLY
EJ= BUY ONLY
NU= BUY ONLY
NJ= BUY ONLY
UCAD= SELL ONLY.

GOOD LUCK.
JUST PLACED A BUY TRADE ON EJ at 131.457 NOW FOR 40 PIPS TARGET.

sir, be careful with your gu buy. my chart tells me price is a t a monthly resistance.

frenchman2:

sir, be careful with your gu buy. my chart tells me price is a t a monthly resistance.

If you followed my posts on Friday you would know that my calls a are not signals to enter trades but trend directions and pairs to concentrate on. Like i said, i will post trend directions. Where you choose to enter from is ur choice. So far am holding only one trade. Ej buy and watching for other entries on other pairs. Thanks.

To avoid getting glued to the computer 24hrs, try to get at least the daily and weekly pivots on your chart ,more importantly is the weekly pivot.
if you look at the 4hrs chat carefully you will observe the way price always respect the weekly, price gets drawn to this weekly like a magnet,often this happens on Monday or tuesday,so if you open your chart on a Monday and you find price above the weekly pivot, just wait for price to get to this weekly pivot,depending on the over all direction of the trend you wait for the comfirmation candle in the direction of the major trend (if its not trending, then you wait for a double comfirmation candle in any direction from the weekly pivot)and follow price from there.usually,this is the direction price will follow till the end of the week till friday.

but in some cases ,price gets to S1 or R1 (depending on its direction)of the weekly pivot and reverses from there and if this does occur,it usually occurs on wednesday ,so you be prepared to follow price on reversal till friday..
with this system,you will buying from dips ,minimising risk while maximising profits.
with this scheme, you avoid getting whipped using the daily pivots on days when price zigzags.
usually i trade nothing less than *100 leverage, so when price moves between 300 and 600 pips within the week you have your income for the week.

This also applies to the currency markets

but,

Odionastron:
chairman abeg na. first i assume 11am cet is 11am nigerian time.
pls explain further. what direction do i place trades. when should tp be s1 and when should it be r1.
also is it by 11am that we place the trades? tnx.

To God alone be all the glory. I do not use any indicators again except simple trendline and horizontal lines and price action.

fxbomovi: To God alone be all the glory. I[b] do not use any indicators again except simple trendline and horizontal lines and price action[/b].

welcome to the reality of this business.

the earlier traders recognize this the better for him like my oga will say we trade people emotion not anything else and all traders emotion shows on the chart already recognize it and use it to your own advantage. coded system will not tell u the current action of traders

@ frenchman, i share same sentiment with FOREXMARTs on GU we may likely see Gu at 1.56xx soon. one thing i like you to notice on your chart take a look at your weekly chart for example once you notice recent break twice above and below of the previous levels of S/R this mean price have no respect of that level and the probability that such levels will break again is there.

fxisreal:

welcome to the reality of this business.

the earlier traders recognize this the better for him like my oga will say we trade people emotion not anything else and all traders emotion shows on the chart already recognize it and use it to your own advantage. coded system will not tell u the current action of traders

thanks bro. You are right.

Buying Uchf for 80 pips from 0.9385 to 0.9465 with 40 pips SL.

that's all i am sure of for now.


Success.

Counter trend seems to be dangerous

honeric01: Buying Uchf for 80 pips from 0.9385 to 0.9465 with 40 pips SL.

that's all i am sure of for now.


Success.

Gearing up to buy nzd jpy. Hopefully by 10am

jor-el:
Counter trend seems to be dangerous

Check your 4hrs chart.

Long term is Bear but we still have room for 0.95xx and even 0.96 before any MAJOR move to 0.92 and below.

Taken a buy on nzdjpy at 79.175, with 40 pips target

fxisreal: @ frenchman, i share same sentiment with FOREXMARTs on GU we may likely see Gu at 1.56xx soon. one thing i like you to notice on your chart take a look at your weekly chart for example once you notice recent break twice above and below of the previous levels of S/R this mean price have no respect of that level and the probability that such levels will break again is there.

sir, i get your point. will only think of buy when daily candle closes above .5300

frenchman2:

sir, i get your point. will only think of buy when daily candle closes above .5300

Was actually going to tell you the same thing. Those points have been violated twice on your chart and the third time might be a go. But not withstanding like i said my post are market views created from index strength rather than pair strength. not some holy grail. Thanks all the same. Haven't gotten any signal from gu to buy tho.

Chai! I'm trading under pressure now. We moved to a new office building and my workstation is directly facing my oga's entrance. I need a change in job now. Anyone in need of a fund mgr should please contact me. Buy AU @ current price to target 0.9600

Please don't click buy when you want to sell oh! That's a serious situation, imaging taking a trade and he calls you just before you can place a stop loss.

you are probably scalping, else i advise you wait and trade from pivot

honeric01:

Check your 4hrs chart.

Long term is Bear but we still have room for 0.95xx and even 0.96 before any MAJOR move to 0.92 and below.

Ej buy still looking good. About 8 pips to tp

jor-el:
you are probably scalping, else i advise you wait and trade from pivot

You saw my SL and TP, so i don't see why you'd be "restating" again.

Like i said, the overall view is BEARISH but i won't sell for now until what i explained above comes to play.

I trade with pivot....

hmmm GU broke that level, seems the bears will have to wait longer than i thought

FOREXMARTS: EU= BUY ONLY
GU= BUY ONLY
....GOOD LUCK.

Bro, I just might be needing a lot of this ''luck''.
I just sold GU at 1.5425 and am kinda very convinced that I will make at least 100 pips profit from this short within the next 24hrs. Let's see how this goes.
Have a lovely day bro.
Meshach

meshpips:
Bro, I just might be needing a lot of this ''luck''.
I just sold GU at 1.5425 and am kinda very convinced that I will make at least 100 pips profit from this short within the next 24hrs. Let's see how this goes.
Have a lovely day bro.
Meshach

Gu @ 1.5425, but d current price am seeing here is 1.5331

Just closed ej now on 10% profit on equity at 36 pips. Nzdjpy still open and looking good. Now its running on the profit i have made on ej already and not my starting equity for today. Thanks.

meshpips:
Bro, I just might be needing a lot of this ''luck''.
I just sold GU at 1.5425 and am kinda very convinced that I will make at least 100 pips profit from this short within the next 24hrs. Let's see how this goes.
Have a lovely day bro.
Meshach

No qualms, ur not an intra-day trader so that's very understandable. On my own part i don't hold trades till the next day. I don't target pips in the real sense even tho i set take profit. I just strive to have 10% increase everyday compounding. So once i notice a substantial percentage increase has been made i close the trade.

The outlook for eu and gu is an uptrend. This view has not changed yet