naijababe: Oil trade worked out perfectly, trade is now +175 pips with hardly any drawn down. Another buy limit set at 104.60 as the more prominent TL has been broken.

EU closed at 120+ pips in total, EA riding on still at +480 pips, I am looking at an exit at or around 1.39000 area.

Good one Madam n oil sweet my belly today as well. Kip it up n 106.4x is a challenge for next week and convince brk shd be 110.xx otherwise 100.xx and below

natruetalk:

sold oil with 54pips sl

closed oil trade with +11pips

great week indeed

glory be to God and big thanks to my boss who show me the way to trade like a boss

What a week...
Thank GOd for my gold trade...
Banked 300pips and have another running now on 200pips riskfree till nextweek as I still see it going higher...
Have a wonderful weekend and keep winning

presciainter:

Sorry, if u couldn't find the indicators.

I attach them here for your use and others that might find them useful. Please, be guided that I only use them to visualize the market especially on timeframes 1hr to weekly. I basically use my personally drawn trend lines to make entry decisions.

Although I could not see what you wrote in the PM, you can always ask for anything that would assist us in this business.

Thank you

thanks
which timeframe do u draw your trendline

i know the market is about to close, but this ej buy. is it not obvious enough for a hit not minding weekend

GJ sell closed

20 pips

weekend gap tingz

rozayx5: GJ sell closed

20 pips

weekend gap tingz

which pair are u expecting gap and why please

joelreg:




which pair are u expecting gap and why please

JPY pairs, have a romance with gaps, just closed the bigger lots

though will check my fundamentals later

JPY prelim GDP comes up after market open

Seems price is respecting technicals again. see profits all over You guys rock.

Dipocian: Please does anyone know of a good broker that does not gap one's pending order during news event. Instaforex just started gaping my orders this week, I tot the first was a technical error but was suprised to experience the same thing this afternoon during the cad news release, thus reducing my profit. I tried checking liteforex on FPA but this is the first thing I saw about them 'CAUTION: LiteForex has a policy limiting a trader's profits on news events at gap openings to a maximum of 10%.'

Same as forextime.All of dem thieves and oles.Forextime doesn't have fixed spread.Hate dem!

Pls i have something to ask you. Pls drop your email.

natruetalk:

closed oil trade with +11pips

great week indeed

glory be to God and big thanks to my boss who show me the way to trade like a boss

Good Morning Sir, hope u are enjoying the dividend of this week with friends around u, just to remind u of ur promise to share what u learnt this week with us, more grease to ur elbow.

ayox2003: Hi Traders,

What a week! Just one trader banks 400pips. About 80 perday!

Learnt alotta things which I would share tomorrow,

benpuzzy: Good Morning Sir, hope u are enjoying the dividend of this week with friends around u, just to remind u of ur promise to share what u learnt this week with us, more grease to ur elbow.

Ok brov,

Lol. All I learnt was on this thread. Will post when I'm done.


Frawzey

i greet you all

the leaders of tomorrows traders ...you all are leading by examples have being following this thread every bit ..will go live september working on my verification ...(na bank statemet hod am )

i will love to know al ur opinions and i need advice also and ur blessings because by september we all will be celebrating a new trader of who grauated frm this thread

i have learn a lot ..time to go to the new PHASE OF TRADING

ROZAY,NAIJABABE,,END FX,SURVEYCASH,KIRINWA ,AND ALL THE BOSSES I GREET AND THANK YOU ALL

The little lessons I learnt on this thread last week, although we all know 'em:

1)Seize new opportunities: They say ladies first, so let me start from Naijababe. I think Naijababe mostly trades Oil, Gold, Dow and one other currency - I no remember am now sha- but she rarely, I mean rarely trades EURUSD and EURAUD. I was suprised when I saw her post last weekend on EURAUD. I was like, 'Correct, you self don dey the spirit'. Why I said it was because: 1) I had also been watch the pair 2) She was ready to 'diversify her portfolio', kinda like doing the unsual, seeing a risk in an unfamiliar territory and she went for it. So whats the lesson here: (mind you, its my own lesson, no be for everyone, just wanna share am ni o) So the lesson is that dont limit yourself once your stragey identifies and opportunity even in a pair you dont really trade with. Go for it! Take the risk! Dont be dogmatic! Now, both trades she took brought her good profits that her usual pairs did not bring this week! Lets say you are used to trading EURUSD and your strategy spots and opportunity in USDCAD, why not take the risk and go for it, because you've got only one shot!

Y'all need to listen to Eminem's Lose Yourself, by the way (The joint make sense wella)

Note: This is not recommended for fresh traders, but for oldies with a good strategy!

Me I be cassanova, I dey friend all ha 'em pairs, anyone whey shake him nyansh, I go groove am. Worst comes to worst, e go diss me!


2) Throw away sentiments: On this thread, last saturday, we had already speculated that EURAUD was a good short! Abi I lie? Natruetalk, Naijababe and Rozay shey I lie? Infact we all the easing whey Aussie Bank do, e no crash. E kon even strong well. NFP na him nail this lesson for my head wella. The koko is that 'em analyst will say crap and talk rofo-rofo but na wetin you see for chart na him be koko. Even if na Barclays or Pimco or Bank of America talk, make person no listen at all because NO ONE - I say NO ONE can predict the future. (maybe, TB Joshua sha, no be me talk am o, lol). Also throw away your own sentiments, your own herd mentality or follow-follow package. Trade what your strategy says and mind you, when everyone seems to be going towards a direction, cross check twice, they might be very very wrong. In short, listen to the rhythm (aka gbedu) of the market and what price says and all other things shall be added unto you.


Abeg, I go continue others later, too much typing dey bore me.

@Benpuzzy, I got u abi! Lol, didn't just learn 'em. Just wanna make d thread more interestin'.


Frawzey

^ Lol, nucca be drunk with pips. I had followed EA's 600 pips up from 2 weeks ago and it would have been a sin not to follow it down.

ayox2003: The little lessons I learnt on this thread last week, although we all know 'em:
Throw away sentiments: On this thread, last saturday, we had already speculated that EURAUD was a good short! Abi I lie? Natruetalk, Naijababe and Rozay shey I lie? Infact we all the easing whey Aussie Bank do, e no crash. E kon even strong well. NFP na him nail this lesson for my head wella. The koko is that 'em analyst will say crap and talk rofo-rofo but na wetin you see for chart na him be koko. Even if na Barclays or Pimco or Bank of America talk, make person no listen at all because NO ONE - I say NO ONE can predict the future. (maybe, TB Joshua sha, no be me talk am o, lol). Also throw away your own sentiments, your own herd mentality or follow-follow package. Trade what your strategy says and mind you, when everyone seems to be going towards a direction, cross check twice, they might be very very wrong. In short, listen to the rhythm (aka gbedu) of the market and what price says and all other things shall be added unto you.
Frawzey

frawzey
na true talk you talk, wetin concern me with what warren buffet, goldman sachs and other investment guru day talk. how do you expect me to buy EA when HS clearly shows on 4hr and double HS shows on 1hrs as well. who go listen to them my chart is my everything after all i understand loss is part of the trading so i dont care sofar i stick to my MM.

below is my oil chart, the green cycle trend line is very important for the direction of price movement coming week.

have a great weekend all.

naijababe: ^ Lol, nucca be drunk with pips. I had followed EA's 600 pips up from 2 weeks ago and it would have been a sin not to follow it down.

Hello Madam, can you please help me with your EA? E-mail adenleibrahim@gmail.com Tnks in anticipation.

saudatu:

Hello Madam, can you please help me with your EA? E-mail adenleibrahim@gmail.com Tnks in anticipation.

What EA? I meant EURAUD in my previous post.

@ thread, me i don't even watch CNBC and co again, made such goofy errors listening to the experts way way back. Didn't Goldmansachs tell us that gold would hit $2000/oz by the end of 2012? All na wash jare, the only expert opinion i need is my chart.

naijababe:

What EA? I meant EURAUD in my previous post.

@ thread, me i don't even CNBC and co again, made such goofy errors listening to the experts way way back. Didn't Goldmansachs tell us that gold would hit $2000/oz by the end of 2012? All na wash jare, the only expert opinion i need is my chart.

@ rozay
Na like this una dey enjoy stable electricity for AKS, no wonder you no bother about light wahala.
@ 'babe
At least share some of your over 400pips on EA with the guy nah.

Thanks be to GOD who made me to know FOREX TRADING.

come to forextime and you will not regret it AS LONG AS YOUR NETWORK IS 3G. http://www.forextime.com/?partner_id=4900129 those with (edge) in their network might not like it. Am in love with their service and lowest spread in their standard account.

Dipocian: Please does anyone know of a good broker that does not gap one's pending order during news event. Instaforex just started gaping my orders this week, I tot the first was a technical error but was suprised to experience the same thing this afternoon during the cad news release, thus reducing my profit. I tried checking liteforex on FPA but this is the first thing I saw about them 'CAUTION: LiteForex has a policy limiting a trader's profits on news events at gap openings to a maximum of 10%.'

ayox2003: The little lessons I learnt on this thread last week, although we all know 'em:

1)Seize new opportunities: They say ladies first, so let me start from Naijababe. I think Naijababe mostly trades Oil, Gold, Dow and one other currency - I no remember am now sha- but she rarely, I mean rarely trades EURUSD and EURAUD. I was suprised when I saw her post last weekend on EURAUD. I was like, 'Correct, you self don dey the spirit'. Why I said it was because: 1) I had also been watch the pair 2) She was ready to 'diversify her portfolio', kinda like doing the unsual, seeing a risk in an unfamiliar territory and she went for it. So whats the lesson here: (mind you, its my own lesson, no be for everyone, just wanna share am ni o) So the lesson is that dont limit yourself once your stragey identifies and opportunity even in a pair you dont really trade with. Go for it! Take the risk! Dont be dogmatic! Now, both trades she took brought her good profits that her usual pairs did not bring this week! Lets say you are used to trading EURUSD and your strategy spots and opportunity in USDCAD, why not take the risk and go for it, because you've got only one shot!

totally agree with you on the bolded. my system is purely price action and it's no respecter of currency pair.
Take for example yesterday, my system generated a buy alert for FTSE 100 and i placed my first ever live trade on FTSE (funny enough never ever traded it even on demo)
Bad news; I got my lot size wrong.
Good news: Trade went according to script. Other than that, with the suicidal lot size i unknowingly used, i would have been back in the village escorting my grand father to his fishing pond.
Glad i moved sl to BE before market closed. If tp is hit and i don't trade at all next week i'm ok.
glad it went according to script.

naijababe:

What EA? I meant EURAUD in my previous post.

@ thread, me i don't even watch CNBC and co again, made such goofy errors listening to the experts way way back. Didn't Goldmansachs tell us that gold would hit $2000/oz by the end of 2012? All na wash jare, the only expert opinion i need is my chart.

Charts says it all and me i don talk am before say before Bernanke and Draghi talk, den dey look at the charts and then go just talk in that direction and ppl will shout meanwhile, na technical den take talk n their talk dey only make technical reach im destination faster.

ayox2003: ... Lets say you are used to trading EURUSD and your strategy spots and opportunity in USDCAD, why not take the risk and go for it, because you've got only one shot!
Frawzey

Me just like the saying that "i do not fear he who kick 10,000 buckets but he that kick one bucket 10,000 times". Limited pairs increases accuracy.

I only v d chrts of d pairs i trade and no way to even be tempted to try other pairs but its all good sha to follow ones believe n @Frenchman, good one frm ur ftse experience.
Well done boss ayox.

naijababe:

What EA? I meant EURAUD in my previous post.

@ thread, me i don't even watch CNBC and co again, made such goofy errors listening to the experts way way back. Didn't Goldmansachs tell us that gold would hit $2000/oz by the end of 2012? All na wash jare, the only expert opinion i need is my chart.

Ever since i have started trading some 2 years back, i have been told never to
ever look at or listen to news except just one main one which is NFP...
and it has always been one of the key to my understanding of the market better...
All i use is just my pure clean chart and that is all i need...

Happy weekend to you all...

infofirst:
Me just like the saying that "i do not fear he who kick 10,000 buckets but he that kick one bucket 10,000 times". Limited pairs increases accuracy.

I only v d chrts of d pairs i trade and no way to even be tempted to try other pairs but its all good sha to follow ones believe n @Frenchman, good one frm ur ftse experience.
Well done boss ayox.

sir, i think you're mis-interpreting Bruce Lee's quote. He has practiced a particular kick for over 10,000 times. In other words he has perfected that technic. so if he encounters anything; bucket, stone, cup, humanbeing etc. and he uses that particular kick he has perfected it's bound to produce results.
Christiano Ronaldo has a way of playaing free kicks. He has perfected the technic. if it works for him at the bernabau, it will work anywhere.
A trader who has perfected the act of entering and exiting trades using heads and shoulders pattern only on eurusd, will equally use the same system to make money from say usdchf.
Sir, hope you get my point. No offense meant.

onlineresource:

Ever since i have started trading some 2 years back, i have been told never to
ever look at or listen to news except just one main one which is NFP...
and it has always been one of the key to my understanding of the market better...
All i use is just my pure clean chart and that is all i need...

Happy weekend to you all...

sir, maybe you should add FOMC to your list.

iheanyiebeneze: come to forextime and you will not regret it AS LONG AS YOUR NETWORK IS 3G. http://www.forextime.com/?partner_id=4900129 those with (edge) in their network might not like it. Am in love with their service and lowest spread in their standard account.

Skip There Bonus offer if you can,it lulls you to false sense of security. @ iheanyiebeneze what do you think?

Oga when are u coming back to the Heartland City, lets put head together and know what e can do for our good people of Imo State.

iheanyiebeneze: Thanks be to GOD who made me to know FOREX TRADING.