# looking mode activated

Walahi RSI can be so powerful sometimes. Take profit hit @1.3120

iheanyiebeneze:
According to rsi=14, usdcad is over bought at 1.31600, sell now for a 40pips take profit. before the FOMC by 7pm Nigerian time.

jamace:
I favour SELL.

700 pips down before end of the month.

Harmonics Trading on the EURGBP & NZDJPY...

Not yet triggered

austynoh:
Harmonics Trading on the EURGBP & NZDJPY...

Beautiful chart design

jorel1:

Beautiful chart design

Thanks Jorel1,I am humbled...

Potential Ideal ABCD Pattern:
Looking for a potential sell trade @ that zone...

natruetalk:


Agreed boss, very likely d pair will continue climbing up in support of EURO I expect to be stronger against USD ahead of fomc 2day. I will watch it closely 2 c how it will react to d zone. 4 me to buy EA I must see a [b]FAT candle passing thru d "1.526x" zone[/b]. without seeing this happen I remain @ sell side.

Yes boss, I wouldn't buy any of that now. I m still in cos I have a trade position advantage. Sellers are going to have to work real hard to get it down from here, the best I think they ll do is have price trade in a range and sideways till we get to 1.59x for a potential downturn.

CHFJPY, Buyers finally show up and break the upper trend line in a most unconvincing manner (to me), wouldn't be surprised to see a strong sell response. Watching like the eagle . ..

Closed sell

bought GA, GN

According to Price Action, GU will be ripe for a buy @1.5644. first tp=50pips, second tp=100pips, rrr=1;1
Infact gu is a buy above this level.

jamace:
I favour SELL.

i hope u no sell

jorel1:

i hope u no sell

Yet to pick my SL. So, I'm holding on.

Taking some off the table here i.e adjusting the visible tp. Thats +460pts, to let the rest ride

This trade alert will last till 9pm tomorrow Friday.
Enter EU buy now @1.1120. first tp=1.1150, second tp=1.1190 rrr=1;1
Reason, overbought rsi-14(1hour time frame) has 'kissed' or touched 14DSMA, but traditionally , they need to separated by 50pips and above. Hence, overbought rsi (same place with 14dsma) will fail woefully.

Keeping a close watch on AUDUSD for a possible reversal.
Watchout...

jamace:
Yet to pick my SL. So, I'm holding on.

The Month is ending bullish ,ready to take out last month high any moment from now
The average monthly range is about 1000 pips, i dont see it moving 1000 pips down before end of next week..up is easier (just about 360 pips more to complete monthly range)

jorel1:

The Month is ending bullish ,ready to take out last month high any moment from now
The average monthly range is about 1000 pips, i dont see it moving 1000 pips down before end of next week..up is easier (just about 360 pips more to complete monthly range)

I agree with you on this. I have closed the trade at a loss.

I'm BUYING GBPNZD now because GA and GN follow almost same pattern!

Trade activated at 1.5635

iheanyiebeneze:
According to Price Action, GU will be ripe for a buy @1.5644. first tp=50pips, second tp=100pips, rrr=1;1
Infact gu is a buy above this level.

Trade activated @0.7288, for a 30pips tp.

iheanyiebeneze:
Keeping a close watch on AUDUSD for a possible reversal.
Watchout...

beware of GBP sell.
Leaving my buy positions open for next week

jamace:
I agree with you on this. I have closed the trade at a loss.

I'm BUYING GBPNZD now because GA and GN follow almost same pattern!

I might be wrong, some YEN influence on the market seems to be changing the story

Good Morning Everyone

On AU,..Bring stop loss to BE

iheanyiebeneze:
Trade activated @0.7288, for a 30pips tp.

first take profit hit.
Bring stop loss of second and third trade to BE

iheanyiebeneze:
Trade activated at 1.5635

Trade took a quick ride to hit take profit.
remove the third trade at 1.1177 now.

iheanyiebeneze:
This trade alert will last till 9pm tomorrow Friday.
Enter EU buy now @1.1120. first tp=1.1150, second tp=1.1190 rrr=1;1
Reason, overbought rsi-14(1hour time frame) has 'kissed' or touched 14DSMA, but traditionally , they need to separated by 50pips and above. Hence, overbought rsi (same place with 14dsma) will fail woefully.

According to PRICE ACTION, sell EU now @1.1170 for first take profit @1.1140, second and third take profit @50pips and 100pips respectively.
Bring stop loss to BE as soon as first take profit is hit. RRR=1;1

iheanyiebeneze:
According to PRICE ACTION, sell EU now @1.1170 for first take profit @1.1140, second and third take profit @50pips and 100pips respectively.
Bring stop loss to BE as soon as first take profit is hit. RRR=1;1

This uncle, I'm starting to believe that you actually DO know your beans.

Good job!

This is the same confession of my new penpals that oppose me here some months ago. Some even said i don't trade live, while others said i trade demo. But after sometime, they will discover that they have a Trader here with SOUND TRADING STRATEGY. Unfortunately, MANY of them quit because of GREED and EMOTION which leads to loss of their account, and lo and behold am still here doing my BUSINESS in my own way.
Thanks and you are Most welcome anyway.

brainbucks:


This uncle, I'm starting to believe that you actually DO know your beans.

Good job!