Edd1e:
N.B the above is just for information purposes only and an excerpt of what I consider to enter my trades.
I use other tools like EMA, Heiken Ashi candles and Trendline.

Now for those itching to buy GBPJPY, With my analysis I will only buy if price does some thing like the chart below using the previous support and resistance trading method.

From Daily chart, Price is approaching a support area, To buy this pair and for confirmation of the support holding or not. I will switch to the next lower tf and look for change of trend formation, price forming HH and HL on H4

I am watching it too... Thanks for the insights bro.

Pipsbasketing:

Pls I besiege you not to engage the gentleman anymore.
Let's stay focus and be more productive on this thread.

Full house Today, missed out since morning . i really like all the analysis

JLINE:
its a 80pips stop and a 250pips tp trade and its gbpnzd...its a buy and i am in.
_SHALOM

stop hit...waiting to buy again. rbnz speech nice play there,coming for ya.

cadjpy down move complete,expecting a re-test but won't bank on that...there is a valid 87.98 move upwards from where it is but will wait for a better entry.

audchf has a valid 0.8437 move to make but .7482 is a valid point to be taken note of on the buy side before any conclusions.

A close below .68044 on gbpaud on the monthly tf will determine if the .43779 will happen or better a re-test...it will be better to see a close below .68044 cos gbp is weaker and performance low but if ga closes above a re-test will be at 2.07xx level.

i wanna share an important part of what changed my trading style or call it paradigm shift...hope i am allowed cos don't want any attacks after this. doing this now as today seems to be a very spirited day in the thread and i am just happy over here.

JLINE:
i wanna share an important part of what changed my trading style or call it paradigm shift...hope i am allowed cos don't want any attacks after this. doing this now as today seems to be a very spirited day in the thread and i am just happy over here.

typing,trying to make it brief and explanations clear...not a very good teacher though.

Today seemed to have been a good day,lots of pro traders in the house...personally,i don't know how to pick bottoms or tops like the ogas here but i try catching the already established swing cos i learned from a dealer like someone who has worked inter-bank and big traders too (not personally but mostly write ups cos those guys don't have time).
one of the popular writings that has formed a better part of my trading: please remember the this write up was made to me on a general context.
"when trades are placed and being in the trading floor where it happens some traders are surely smarter than some and we are talking about millions of bucks in trading,so lets say 60% of the traders buy eurusd and you see the reaction on your chart but retail traders not knowing fully well what happened but those traders on the floor knows what happened who bought and who sold too. then the remaining of the 40% of traders won't just relax and let the buy just keep going without them joining the party,so price might have moved from point A to B upwards and then suddenly you see a sharp sell off downwards 50% of the already moved trend...what happened was simply that the remaining 40% of those big traders had to cover their loss by selling from the high (not previously a high but a point they deem fit and where those who previously bought later joined) down with exactly the previous amount they sold to a near by point where the new profits of the sell will normalize the loss and remember that the buy trade was still running but at this point come down 50% and the new sell came down 50% making the loss go away there about or lesser loss" that was what he used personally,will use a chart to explain this. Then he said why trying to catch the beginning of something when you can piggyback on other peoples already made effort and that's how to stay safe being a retail trader.
Explanations are poor but a chart will do better.
SHALOM

My Oga at the top,
You can carry go.

Very insightful too.
I like the way you put it though.
Some people don't know this, price just don't just move, it's actually traders taken decision.

Some areas are also known to have "trapped traders" we all at one time have been trapped in our own trade, and it sucks.

Our Oga Jline was called it "MOFO" lines
And it still works magic

Feshizzy:
My Oga at the top,
You can carry go.

Very insightful too.
I like the way you put it though.
Some people don't know this, price just don't just move, it's actually traders taken decision.

Some areas are also known to have "trapped traders" we all at one time have been trapped in our own trade, and it sucks.

Our Oga Jline was called it "MOFO" lines
And it still works magic

my oga its called MOFU and one of my mentors also taught me that...am willing to answer questions NOW,so will explain in details.
mofu zones are fibs area on my chart where trade is prohibited and trades are not to be taken as there is a higher probability for price to hit stops,fake break outs and the rest...this is the point where the inter-banks are divided on a 50-50 trades and price spikes up and comes down to your direction again and you think your brokers caused it. we named it mofu=(mo)ther (fu)ckers cos that's what they do,eat your stops and keep playing. don't get me wrong these mofus are predetermined percentages of a particular move,i mean the percentage to determine it is fixed.
.

chart loading...will be out soon,trying to wait my gn buy if it will ever occur this night. what might change the order below are EVENTS,like really big events strong enough to shake a continent or so.

chart here...couldn't place everything on chart but remember those other 40% could use bigger monies to push it down as far as 61.8% or 75% down to almost entry but NEVER the entry except every other 60% joined the sell party which they won't cos they are managing their buy positions and planning to hold it for years. "you might see here my personal reasons for using fibs and each levels of those move plotted before it occurs too"
chart is usdjpy monthly tf. if not clear,willing to answer a few questions that can but not all.
NOTE: one of my mentors made around 5000pips on this usdjpy previous 50% move,am not trying to brag about it but stating the obvious...well,am still perfecting the moves though and the worst thing is that they use some freaking very low stops that make me wonder wtf is this bs. more on it than everything i have written but just understand the idea or concept.
SHALOM

LaconicINC:

Most people left the forum because of insults, Needless arguments, am better than you mentality, trust me majority of the folks you listed still trade actively. It would be nice to have them back though

Thanks bro. We still trade and make our green pips but the FTA we were front liners then seem not to be the same FTA now. Insults and unsavvy comments fly about without respect. So need arguing with newbies when you know you have been a trader since 2008.

All the same we are still I'm the business!

Feshizzy:
I just went through our old thread,
It's really sad, we have lost good traders here. (I don't mean they are dead though)

Slowly slowly, we are beginning to fall out of place.
This thread has lost it virtues to be honest,

I call upon you fellow comrades, hop back on board and let's make history together.

And to our veterans:
prettyboey
Pipsharingan
Frenchman2
sweetmaris
jamace
Priceaction
Owliver
Shevychen2
Kashif
Martog
FxDuke
Capitals
iheanyiebeneze
EmmanuelD1st
naijababe
benpuzzy
Benqozenero
Sunnycliff
naturetalk
raycolz84
drpips1
endfx1
Karlebolu
docus
pipsurgeon
adeniya33
honerio1
JAKpayen
mez
fxstory
moneyy
pocapoco88
dorodee
LacoinINC

Y'all great traders are never forgotten!!!
You would always be loved, respected and remembered for your good cause

Everyone I urge you to stay your blade against another member.

Let's be the best we can be here and trade like the bosses we are!!


Let's learn to respect other members here. here may appear to be a faceless place,
But it's actually not, we live amongst ourselves without even knowing.

Some of y'all might not have observed, but this thread is actually one of the biggest thread on NL, year in, year out!

So I urge you to make a meaningful and productive impact.



Regards,
EF

For the sake of people like you I will be making some inputs here. Actually I withdrew my words here when I started noticing people saying and talking about what they know little or next to nothing about in forex trading.

Some newbies claiming experts with very heated arguments and you just read and keep quiet because correcting a fool will invariably make you to appear like one!

I so much liked FTA as at 2014 ad 2015 but for the past four months I only peep and go!

God shower us with more green pips!

Sunnycliff:


For the sake of people like you I will be making some inputs here. Actually I withdrew my words here when I started noticing people saying and talking about what they know little or next to nothing about in forex trading.

Some newbies claiming experts with very heated arguments and you just read and keep quiet because correcting a fool will invariably make you to appear like one!

I so much liked FTA as at 2014 ad 2015 but for the past four months I only peep and go!

God shower us with more green pips!

Amen to your prayers Sir,
Sadly, I happened to be part of the people that derailed this thread awhile ago.
I am truly sorry for the mess i might have caused in the past.
You input with be of great value here,
Thank you very much for coming back sir,

May Fortune continue to favour your trades.

Regards,
EF

Hmmm, These emotional acts of contrition though

Trade opportunity for GbpNzd. If 17805 is broken, a downtrend would be confirmed. Here's the tricky part. There is a range of 17805 and 18033 that price may or may not move around in. Either you enter the trade at 17805 and wait for the range to play out before heading south or don't take the trade. If you do take the trade, Tp is 17620. Use whatever money management rules you deem fit.

JLINE:
cadjpy down move complete,expecting a re-test but won't bank on that...there is a valid 87.98 move upwards from where it is but will wait for a better entry.

Right on the trendline sire

fortfs . com is offering 15dolar no deposit bonus. Take it if u are interested.

JLINE:
kinda of enjoying oil ride right now though...a possible retrace at 45.49/.62 i need the retrace for initiation of a second position.

retrace in place today and 43.35 is a valid target after hitting the above levels.

JLINE:
chart here...couldn't place everything on chart but remember those other 40% could use bigger monies to push it down as far as 61.8% or 75% down to almost entry but NEVER the entry except every other 60% joined the sell party which they won't cos they are managing their buy positions and planning to hold it for years. "you might see here my personal reasons for using fibs and each levels of those move plotted before it occurs too"
chart is usdjpy monthly tf. if not clear,willing to answer a few questions that can but not all.
NOTE: one of my mentors made around 5000pips on this usdjpy previous 50% move,am not trying to brag about it but stating the obvious...well,am still perfecting the moves though and the worst thing is that they use some freaking very low stops that make me wonder wtf is this bs. more on it than everything i have written but just understand the idea or concept.
SHALOM

thanks for the good work oga jline welldone

eurusd heading towards .1344 level...if it crosses above then it is cos that will make my 1.22xx valid target hit.
there is a more probable move there this time around cos of the uncertainties around the presidential election in us. this will take time,don't expect a swift move there straight.
buying au,eu and nu will be very profitable but having a nice entry will be better and riding the trend will be the best. already on eu and nu but missed au.

just solg gu....2975 is watch for a possible move down...gbp news just came out positive but will still initiate my sell now as price just hit level.will risk a few.
2 positions currently at -34
currently now at -18
opening a 3rd position now as price makes a re-test at the upper mofu line.

Sunnycliff:


Thanks bro. We still trade and make our green pips but the FTA we were front liners then seem not to be the same FTA now. Insults and unsavvy comments fly about without respect. So need arguing with newbies when you know you have been a trader since 2008.

All the same we are still I'm the business!

it's good to know, it's nice having here bro!

eu miss .1344 by 23pips but the 4hr tf target hit. gbpusd is doing needful

JLINE:
cadjpy down move complete,expecting a re-test but won't bank on that...there is a valid 87.98 move upwards from where it is but will wait for a better entry

.

mrikay:


Right on the trendline sire

bro,just saw this...the retrace could be deep as far as a new low forming at 73.25. its just probable,some things have to happen for others to happen though.

JLINE:
chart here...couldn't place everything on chart but remember those other 40% could use bigger monies to push it down as far as 61.8% or 75% down to almost entry but NEVER the entry except every other 60% joined the sell party which they won't cos they are managing their buy positions and planning to hold it for years. "you might see here my personal reasons for using fibs and each levels of those move plotted before it occurs too"
chart is usdjpy monthly tf. if not clear,willing to answer a few questions that can but not all.
NOTE: one of my mentors made around 5000pips on this usdjpy previous 50% move,am not trying to brag about it but stating the obvious...well,am still perfecting the moves though and the worst thing is that they use some freaking very low stops that make me wonder wtf is this bs. more on it than everything i have written but just understand the idea or concept.
SHALOM

Thanks for this. Price seems to always shy away from those fib lines, have you tried it with binary?

btw are you gatorinle?

ipledge01:


Thanks for this. Price seems to always shy away from those fib lines, have you tried it with binary?

btw are you gatorinle?

gatorinla is one of my mentors...am not even close to him now but i believe i will be better than him later maybe.
yes tried it on binary but works better on fx cos of timing issues.