erniok:
what time frame are you looking at cos that pair and NU are heading to the north pole.

Was looking at H1....and waiting for some form of confirmation....just hope I am not suffering from recency bias...

honeric01:

Ok, i haven't been able to spot a long term trend on UJ, even though i have been seeing 100 for a while now, just not sure if it's going to come soonest. for downward move, maybe to 92? maybe? not sure yet.

I see 93.96 as resistance. I suggest a sell from that level. Part profit can be taken at 93.34 SL at 94.75

zinosleek: sel eu with tp 1.2885 and sl 1.3072

zino,
please be careful with this sell. 1.3063 is where I expect the sell-off on EU.

Careful with the sell. I see a uj continue rise till ahead of nfp 2moro

meshpips:
I see 93.96 as resistance. I suggest a sell from that level. Part profit can be taken at 93.34 SL at 94.75

fxbomovi: Careful with the sell. I see a uj continue rise till ahead of nfp 2moro

Thanks bro.I have my SL at 94.76 but I sincerely think it is going to drop off from here.
Let me try to help you see from my perspective. Check the daily candle on the 25th, it is clearly sell laden, anyone that failed to get in at that level on the 25th would see this as a great opportunity to go short and assuredly, many traders will go short.

1 hour 1 minute ago
From 08:28 07-Mar-2013 GMT
Till 12:28 07-Mar-2013 GMT
Buy
Buy at 122.29
Take profit* at 122.78
Stop loss at 121.98

meshpips:
I see 93.96 as resistance. I suggest a sell from that level. Part profit can be taken at 93.34 SL at 94.75

I sold above the 94.xx mark. with a tight stop.

Also sold EJ (risky) but a tight SL too.

honeric01:

I sold above the 94.xx mark. with a tight stop.

Also sold EJ (risky) but a tight SL too.

Okay, but me nor dey do tight SL. If price gets above 94.73 then my analysis was wrong and I will accept the loss.

meshpips:
Okay, but me nor dey do tight SL. If price gets above 94.73 then my analysis was wrong and I will accept the loss.

Well, my SL is for one purpose, correction, i believe if i enter a position at the right time, then i shouldn't be using a large SL. using large SL to me means i am not sure of the direction.

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honeric01:

Well, my SL is for one purpose, correction, i believe if i enter a position at the right time, then i shouldn't be using a large SL. using large SL to me means i am not sure of the direction.

It's okay. I am trying to get more proficient with picking tops and bottoms. That 80-pip SL for about 290-pip profit is very very fair to me.
Sometimes, I see less than 10-pip draw down on my trades.
I'm still working on my efficiency.

meshpips:
It's okay. I am trying to get more proficient with picking tops and bottoms. That 80-pip SL for about 290-pip profit is very very fair to me.
Sometimes, I see less than 10-pip draw down on my trades.
I'm still working on my efficiency.

It's well my brother. a 50 pips stop helps me alot though. the highest i do is 100 stops (SL)

Brent long TP 111.56 SL 109.52

Bought EURJPY at 12364



Frawzey

Oooops Draghi is talking!!!!!!

Closed the trade


Frawzey

insta forex took 15pips spread from my trade. abeg ooo IS THAT NORMAL?

Double top on USDCAD 4H TF, sold at 10305


Frawzey

Congrats to those who exercised patience on their EJ buy

rozayx5: Congrats to those who exercised patience on their EJ buy

Lol

I had to close it cos I didnt remember Draghi was gonna talk. EURJPY flies like blackjet. Couldnt have taken the risk. More cool with USDCAD for now.



Frawzey

meshpips: Brent long TP 111.56 SL 109.52

OGA MESHPIPS IS BACK TO FULL FORMATION THIS SEASON...MIMSHACH

OliverPin: insta forex took 15pips spread from my trade. abeg ooo IS THAT NORMAL?

On which currency pair?

Aussie is surging without reason. AUDNZD's resistance would be at 12420

Its reaction at this price would determine whether to buy or sell.



Frawzey

Just closed my aj long for 100pips profit.very happy.messed up last week but am getting back.EJ long still on.I'm targetting 125.030 as my TP.lets see how that goes.Also EU long up,target 60pips profit.

meshpips:
I see 93.96 as resistance. I suggest a sell from that level. Part profit can be taken at 93.34 SL at 94.75

Stop loss has been hit on this trade.

infofirst:

On which currency pair?

gdbcad

AUD/USD
53 minutes ago
From 15:27 07-Mar-2013 GMT
Till 18:27 07-Mar-2013 GMT
Sell
Sell at 1.0288
Take profit* at 1.0242
Stop loss at 1.0322
Subscribe to AUD/USD

pweew* rough day. my heart nearly remove.

meshpips:
Stop loss has been hit on this trade.

Just sold crude oil with 40 pip sl at 91.44, tp 89.56

naijababe:

Just sold crude oil with 40 pip sl at 91.44, tp 89.56

Nice call!

I'mma put a pending at 9095 ((not sure if 9100 would become support)) selling for 70pips

Plus USDCAD is the exact opposite of Oil, like Gold and Dollars......running both.



Frawzey

naijababe:

Just sold crude oil with 40 pip sl at 91.44, tp 89.56

It looks due for a retrace but I am not sure it can get to 89.56. I'm still long on brent the average daily range has not been done for today.

ayox2003:

Nice call!

I'mma put a pending at 9095 ((not sure if 9100 would become support)) selling for 70pips

Plus USDCAD is the exact opposite of Oil, like Gold and Dollars......running both.



Frawzey

I have been waiting all week for that retracement to complete. If 89.33 is broken today, then I will hope to tp at 86.xx

meshpips:
It looks due for a retrace but I am not sure it can get to 89.56. I'm still long on brent the average daily range has not been done for today.

200 EMA is standing in the way of any longs on my chart so leaving alone.