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Forex Trading - Season 14 - Business (64) - Nairaland

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Re: Forex Trading - Season 14 by phoenixfx: 2:05pm On Aug 05, 2014
sojmann:

USD news by 3pm and NZD news by 11:45pm nko?

Looking to bail out @ BE

Close of the 4hr candle by 2pm will signal a SELL

Bail out bro if this is a buy trade....if uve got a cast iron gut then wait 4 d retracement as pointed out in my analysis then bail out....
Re: Forex Trading - Season 14 by sojmann(m): 2:10pm On Aug 05, 2014
Textbook signal
Let see how it goes

MACD trendtracker down on ALL timeframes(monthly to 1min)

Re: Forex Trading - Season 14 by phoenixfx: 2:17pm On Aug 05, 2014
TRADE ALERT: Hi Peeps....if u get cast iron guts to contain minor retracement then SELL USD CAD NOW !!! buh if ure skirmish then by 3pm USD NON MANU PMI NEWS RELEASE will bring the movement
Re: Forex Trading - Season 14 by phoenixfx: 2:20pm On Aug 05, 2014
sojmann: Textbook signal
Let see how it goes

MACD trendtracker down on ALL timeframes(monthly to 1min)

LOL....Bros Sojmann. im d last person 2 give a textbook signal. all analysis and alerts are my personal interpretation of PA. cool
Re: Forex Trading - Season 14 by phoenixfx: 2:31pm On Aug 05, 2014
phoenixfx:

Hi Sojmann...was a bit bizi. Yes NZD USD is setting up for a major SELL that will retest the low of 0.84606 (which was caused by the Non farm payroll spike) and even go beyond that because overall trend bias is still bearish. Evidence has already been put in place by the 1hr and 4hr TFs downward movement, however NOW is not the proper time to enter the trade because a retracement will occur soon when USD curr strength (above board on all currrs) will weaken. so wait 4 the retracement after which SELL.

Hi Sojmann, jst saw a chart u posted with a 2.0 lot size for the curr pair. pls note i said NOW is a wrong or late time to sell the pair as a retracement (buy) is anticipated which most likely will come with the USD News...
Re: Forex Trading - Season 14 by willscolf: 2:33pm On Aug 05, 2014
damn gbp/cad,took bak my +90pips, mtcheew!
Re: Forex Trading - Season 14 by docus: 2:42pm On Aug 05, 2014
Guyz do not force the market. just let the market present your signal. patience is d key
Re: Forex Trading - Season 14 by Nobody: 2:51pm On Aug 05, 2014
137.46 EJ buy

tp is 137.92



seems sense is returning here, it will be greatly appreciated.

greetings
Re: Forex Trading - Season 14 by phoenixfx: 3:19pm On Aug 05, 2014
aguiyi: 137.46 EJ buy

tp is 137.92



seems sense is returning here, it will be greatly appreciated.

greetings

Sorry abt the mistake ure right...the retracement is in a buy but trend is in a sell mode
Re: Forex Trading - Season 14 by phoenixfx: 3:29pm On Aug 05, 2014
E be like say USD don smoke weed....see curr strength...lol grin...

USD ISM Non-Manufacturing PMI 58.7
Re: Forex Trading - Season 14 by ephisi(m): 3:38pm On Aug 05, 2014
Hmmn! Hedge position long on eu stopped out at -20pips. profit from short at 1.3420 +57pips at the moment(net profit of 17pips due to hedge trade loss). No more buys till further notice. Holding short also till next major support presents it self at 1.3300. Enjoy the rest of the day guys


ephisi: 1.3380 seems too be holding. Hedged first position at 1.3388. Long a second position at 1.3388. Moved stop on my first trade to breakeven. Lets see how it plays out

Re: Forex Trading - Season 14 by phoenixfx: 4:00pm On Aug 05, 2014
ephisi: Hmmn! Hedge position long on eu stopped out at -20pips. profit from short at 1.3420 +57pips at the moment(net profit of 17pips due to hedge trade loss). No more buys till further notice. Holding short also till next major support presents it self at 1.3300. Enjoy the rest of the day guys



Correct....major support at 1.3300. ur buys were hindered by strong curr (USD) strength but surely d minor bounces up will occur but the major bounce likely @ 1.3300.
Re: Forex Trading - Season 14 by phoenixfx: 4:06pm On Aug 05, 2014
phoenixfx: E be like say USD don smoke weed....see curr strength...lol grin...

USD ISM Non-Manufacturing PMI 58.7

USD curr pair strength throwing in a spanner in some neat set ups

USD CAD....SELL set up still in play.

NZD USD....earlier analyzed retracements ignored as curr pair jst barrelled through. As analyzed it was a SELL TRADE....
Re: Forex Trading - Season 14 by sojmann(m): 5:05pm On Aug 05, 2014
aguiyi: 137.46 EJ buy

tp is 137.92



seems sense is returning here, it will be greatly appreciated.

greetings

Might be a bit too early

X marks the spot

Re: Forex Trading - Season 14 by ephisi(m): 5:09pm On Aug 05, 2014
@phoenix thanks bro. The usd seems to be shrugging off fridays reports as not enough reason to cause a reversal on EU and usdjpy hence its strength especially. Ecb presido draghi wants the euro lower by all means. Will wait for thursdays ecb conference. We could push through 1.3300 without a fight. Will watch out for price action at 1.33. Until then hands folded and watching. Great job youre doing here. Keep up the good job

phoenixfx:

Correct....major support at 1.3300. ur buys were hindered by strong curr (USD) strength but surely d minor bounces up will occur but the major bounce likely @ 1.3300.
Re: Forex Trading - Season 14 by lawson007(m): 5:23pm On Aug 05, 2014
@ephisi and @phoenixfx u guys have done well for coming in to bring up memories of the good old days in this thread.u are highly welcome to stay.But a note of warning pls don't respond to all post from some spoilers in the house.press ur ignore button especially if it is coming from one Tom29 or whatever.Good job today.
Re: Forex Trading - Season 14 by ephisi(m): 5:35pm On Aug 05, 2014
@lawson thanks for the encouragment. Theres no room for distractions if you want to be succesful in this biz

lawson007: @ephisi and @phoenixfx u guys have done well for coming in to bring up memories of the good old days in this thread.u are highly welcome to stay.But a note of warning pls don't respond to all post from some spoilers in the house.press ur ignore button especially if it is coming from one Tom29 or whatever.Good job today.
Re: Forex Trading - Season 14 by Businesslocator(m): 5:48pm On Aug 05, 2014
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Re: Forex Trading - Season 14 by Nobody: 6:30pm On Aug 05, 2014
fxbomovi: where is Tom?

bro am alive hale and hearty till Christ come and take me home.

Any way i will no longer be coming here and nairaland 4 dat matter to give peace a chance. dis place has ruthlessly dealt with me 4rm d time Rozayx5 gave alert dat margin called my acct to d periods of signals dat gave my acct heart attack.
Not to mention chief promiser Benpuzzy who always talk to seek attention. He has nothing whatsoever to offer rather than being a certified online thief / scammer photo shopping demo accounts and shouting "fx is sweet" to lure gullible victims. Hisableplc also promised me windows mite but nothing after 3 months. for coming to dis thread i lost a total of 45k to promises including dat margin call.

d gud news is dat am bouncing back with my $300 tommorrow for d acct type i want so basically i will just withdraw some fund and leave $100 and enjoy all d privileges of a standard acct for effective scalping. paying 4 pip spread as a scalper is crazy as i have been doing due to insufficient fund. imagine d gold on my signature making 5% gain but went back. d EJ is just Aguiyi's signal. am not here to banter words with anyone again. dis biz demand full concentration. please promise me all dat u will keep an eye on dat tortoise called BENPUZZY.

Let me drop dis signature of Natruetalk "People do not have to believe in you for you to succeed. Work hard. When you succeed, they will believe"

Peace i leave. pls do not throw insult here again. Bye all
Re: Forex Trading - Season 14 by lawson007(m): 6:44pm On Aug 05, 2014
Good bye @Tom29.
ahh ....what a relief.good riddance.
Re: Forex Trading - Season 14 by currentprice: 6:58pm On Aug 05, 2014
grin grin
Re: Forex Trading - Season 14 by honeric01(m): 7:16pm On Aug 05, 2014
Gold, i need 1337 na, which way? undecided
Re: Forex Trading - Season 14 by myola777(m): 8:05pm On Aug 05, 2014
lawson007: Good bye @Tom29.
ahh ....what a relief.good riddance.
Tom reloaded, Tom resurfaced lolgrin grin grin grin grin
Re: Forex Trading - Season 14 by endfx1(m): 8:33pm On Aug 05, 2014
lawson007: Good bye @Tom29.
ahh ....what a relief.good riddance.

Lolz....ur blood dey hot
Re: Forex Trading - Season 14 by phoenixfx: 8:40pm On Aug 05, 2014
lawson007: @ephisi and @phoenixfx u guys have done well for coming in to bring up memories of the good old days in this thread.u are highly welcome to stay.But a note of warning pls don't respond to all post from some spoilers in the house.press ur ignore button especially if it is coming from one Tom29 or whatever.Good job today.

Yeah thanks lawson007...No names mentioned buh i'll try not to be distracted. On d side, really looking forward to see the heavyweights of d house...natruetalk, naijababe, birikiti, leopower, etc...pls guys dnt relocate...come back...more green pips to everyone
Re: Forex Trading - Season 14 by phoenixfx: 8:45pm On Aug 05, 2014
phoenixfx:

USD curr pair strength throwing in a spanner in some neat set ups

USD CAD....SELL set up still in play.

NZD USD....earlier analyzed retracements ignored as curr pair jst barrelled through. As analyzed it was a SELL TRADE....


HEADS UP....dont be tempted by these fakes;
USD CAD.... in a sell retracement mode buh curr pair still eager to go for more buys...the sell of the curr pair may take a day or two to set up again.

EUR USD....In a buy retracement mode (scalpers and daytraders may pick a few pips from the rebound) but curr pair still eager for more downward movement so beware. swing traders have no qualms

SUBJECT TO MOMENTUM...will post more on these 2maro so keep it on pending mode
Re: Forex Trading - Season 14 by phoenixfx: 8:48pm On Aug 05, 2014
Downloaded XM MT4 platform... hope to crossover there soon. Analysis on more curr pairs, metals and commodities will come soon

2 Likes

Re: Forex Trading - Season 14 by Nobody: 1:43am On Aug 06, 2014
Where did the strength of the yen come from angry
Re: Forex Trading - Season 14 by ephisi(m): 6:27am On Aug 06, 2014
I agree with your eurusd analysis. 1.3380 support has turned to resistance and may be a good place to short again. I wont be taking any trade but managing my short from 1.3420. I expect 1.3366 to give way today., if not then mairo draghi should do the job tomorrow. Also Theres a risk of russia ukraine conflict escalation which could send all markets lower. Traders beware

phoenixfx:


HEADS UP....dont be tempted by these fakes;
USD CAD.... in a sell retracement mode buh curr pair still eager to go for more buys...the sell of the curr pair may take a day or two to set up again.

EUR USD....In a buy retracement mode (scalpers and daytraders may pick a few pips from the rebound) but curr pair still eager for more downward movement so beware. swing traders have no qualms

SUBJECT TO MOMENTUM...will post more on these 2maro so keep it on pending mode


Re: Forex Trading - Season 14 by fxbomovi: 7:11am On Aug 06, 2014
the rarer d setup, d more profitable it will be. Good morning all!
Re: Forex Trading - Season 14 by ephisi(m): 7:16am On Aug 06, 2014
Good morning all, german factory orders came out bad. Pushing eurusd lower. Hope we can sustain d bear momentum today
Re: Forex Trading - Season 14 by sojmann(m): 7:55am On Aug 06, 2014
Good morning guys,yesterday was a good day
May today be better IJN!

Looking to sell GU @ 10AM,once 4hr trendtracker gives us direction grin
.....Hmm,gbp news by 9:30am.......shine your eyes
(Oga Victor,take note!)

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