natruetalk:


no bias at d moment. but i still dey BULL side until prove otherwise whichever way. no lelee

fat candle break speaks

look like i will miss 2day's trade. i dey watch sha

eu,gu ,au and gold will go down

Gu has failed to move upwards.Both trades has expired and ready to be exited at a -20pips

iheanyiebeneze:
second pending BUY LIMIT is at 1.5810, even if the price gets to 1.5810, it must surely return to 1.5860 before going southward, if it will ever go tomorrow any-well.

This FUNDAMENTAL ANALYSIS. Non farm payroll and unemployment rate from USA in 15minutes time. If the news is favorable, EU and GU will move 100pips downward but if the news is unfavorable for USA then, expect EU and GU to move 300pips upwards today.

omejeo:
eu,gu ,au and gold will go down

I don't think gold will go down, if anything all the signs are pointing towards the opposite

Buylimit on GA @ 1.8360
SL 1.8260
TP Factor it yourself

ADVICE. when news is in line with your technical analysis, add more trade when the news come out, but when news is against your technical analysis, please exit that trade and come back NEXT week. never you FIGHT the trend when news favours the DOMINANT TREND.
Trade wisely with small lot size.
Remember next week is market day.
Remember volatility will be high during NFP

deleted, wrong thread

You have to love gold on NFP days

Finally Exness are bastards. They have reduced the value of pips in dollars as well as stopped me out above what I specified. Their father!

Kirinwa:
Finally Exness are bastards. They have reduced the value of pips in dollars as well as stopped me out above what I specified. Their father!

Slippage! Not unusual during highly potent news releases

sorry brother, some days are like that in fx

Kirinwa:
Finally Exness are bastards. They have reduced the value of pips in dollars as well as stopped me out above what I specified. Their father!

naijababe:


Slippage! Not unusual during highly potent news releases

Can you exlain how 1 pip of 0.1 lot in GJ is less than $1?

Kirinwa:
Buylimit on GA @ 1.8360
SL 1.8260
TP Factor it yourself

Triggered.

TP 1.8900

Kirinwa:


Can you exlain how 1 pip of 0.1 lot in GJ is less than $1?

I don't know how pip value works, i spreadbet

@ Kirinwa

Sorry about the slippage part...

To shed more light on pip value..
Just use this formula for cross rates when dealing with pip value.
P.V = Lot size * Tick size * Base quote / current rate

Since you opened a lot size of 0.1 standard account. we have 0.1 X 100000 = 10000 = Lot size

Tick size = 0.01 (for cross rates ) and 0.0001 ( for direct rates e.g Eur / usd )

Base quote = 1.5836 ( GBP / USD quote as the time of typing this)

Current rate = 181.6560 ( of GBP /JPY )

P.V= 10000 X 0.01 X 1.5836 / 181.6560
= 0.87

So the value is less than one.. K..

Happy pippin!!!

naijababe:


I don't think gold will go down, if anything all the signs are pointing towards the opposite

thanks u save me early

Kirinwa:
GJ sellstop @ 182.50
SL 183.00
TP 181.50

See correct analysis I made but..

Birikiti:



If you bought on the above prompt yesterday, you must be "getting ready for serious" piping now!

Happy trading all.

Modified!

If you are not in the above trade, no worries at all. Gold prices will dip early next week giving you another opportunity to enter a buy.

Happy trading all.

By next week people will forget there waas ever bearishness. Am looking at the bigger picture.

My trades are as follows;

GJ buy @ 182.00
GA buy @ 1.8360
GN buy @ 2.0500

Next week will be sweet hopefully

naijababe:


I don't think gold will go down, if anything all the signs are pointing towards the opposite

Audusd and Gold have a positive correlation... usually

ugees:


Audusd and Gold have a positive correlation... usually

Yes. UCad and oil are negatively correlated

Selling DJIA, mental sl above 17600

naijababe:
Selling DJIA, mental sl above 17600

LOL. Mam its friday tho

Thinkr:
LOL. Mam its friday tho

I know, I have been waiting all week for that trade . Wished I had bought gold though

naijababe:


I know, I have been waiting all week for that trade . Wished I had bought gold though

Oh I see. Pele. After nfp madnes I got 110+pips from gold(via 5min tf) I hate news trading.... Meanwhile, have a great weekend everybody. Next week will be better by God' grace.

dat pin on gold with support below made me buy gold....200pipz locked on each position....missed d entire move of d bears....dont want to miss d bulls... more bulls shud step in next week....

strategy sent to all who requested

iheanyiebeneze:
strategy sent to all who requested

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