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Forex Trade Alerts - Business (28) - Nairaland

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Re: Forex Trade Alerts by Nobody: 10:21am On Jun 01, 2011
Where are the Forex Traders?
Re: Forex Trade Alerts by JAZES(m): 10:30am On Jun 01, 2011
odiaero:

Where are the Forex Traders?

Dem dey sleep wink wink wink
Re: Forex Trade Alerts by JAkpayen(m): 1:25pm On Jun 01, 2011
odiaero:

Where are the Forex Traders?

All working as cleaners in your yacht.

meshpips:

Hi all,
here's a nice set-up to buy EURJPY
Buy EURJPY @ market price, TP1 117.80 TP2 118.30 SL 117.03
See chart attached.
Happy trading!
Meshach.


Re-enter this trade at a lower price of around 116.xxxx/115.Bleep. It still holds a long-term bullish trend

I'm so sorry for my earlier post against you.
Re: Forex Trade Alerts by JAZES(m): 2:52pm On Jun 01, 2011
GBP is the worst performer after falling manufacturing PMI & record low mortgage lending. CHF surges higher across the board after Swiss April retail sales come at 7.5% y/y from previous -0.2%. This is the highest print since April 2008 and the impact is likely to last as traders expected only a slight improvement to 1.9%. Market shift interest to US ADP & manuf ISM.
Re: Forex Trade Alerts by honeric01(m): 3:19pm On Jun 01, 2011
Looking to enter buy from 1.6380/50 for 1/6550/6600, SL at 1.6330/6300.


GU of course.
Re: Forex Trade Alerts by JAZES(m): 3:22pm On Jun 01, 2011
honeric01:

Looking to enter buy from 1.6380/50 for 1/6550/6600, SL at 1.6330/6300.


Which of the pairs??
Re: Forex Trade Alerts by meshpips(m): 4:47pm On Jun 01, 2011
JAkpayen:

I'm so sorry for my earlier post against you.

It's okay bro. I went long on USDJPY around 80.8x the EURJPY wouldn't appeal much to me any longer because of the impending weakness on the EURO. I'll watch for opportunities again during Asian session.
Have a great day.
Meshach
Re: Forex Trade Alerts by Nobody: 8:29pm On Jun 01, 2011
honeric01:

Looking to enter buy from 1.6380/50 for 1/6550/6600, SL at 1.6330/6300.


GU of course.


I'd be careful with buying $ pairs for now for the moment. GU just broke the 50 EMA on the 4H TF and the lower bollinger is just opened up, a sign continued bearishness;  the upper bollinger on the daily is also turning downwards. I am standing aside for the moment. It could potential get as low as 1.6287, the 50% fib level of last week's candle.
Re: Forex Trade Alerts by honeric01(m): 12:42am On Jun 02, 2011
naijababe:

I'd be careful with buying $ pairs for now for the moment. GU just broke the 50 EMA on the 4H TF and the lower bollinger is just opened up, a sign continued bearishness;  the upper bollinger on the daily is also turning downwards. I am standing aside for the moment. It could potential get as low as 1.6287, the 50% fib level of last week's candle.

Yea i saw that, was not really paying attention, thanks, i had my SL shifted a bit further from 1.6300, it needs some power to climb to 1.66 and above.
Re: Forex Trade Alerts by Nobody: 2:43am On Jun 02, 2011
Where are they?
Re: Forex Trade Alerts by JAZES(m): 5:33am On Jun 02, 2011
As long as 1.4423 holds, EU has no choice but to keep falling till it gets to 1.4254 and then 1.4070.
GU is on its way to testing 1.6297 and if it succesfully breaks that,
we might see it testing 1.6228 and 1.6096.
Cheers
Re: Forex Trade Alerts by Nobody: 7:00am On Jun 02, 2011
Hi, yesterday i was selling while u guys were predicting buy, i hope no one got hurt yesterday
Re: Forex Trade Alerts by Nobody: 8:13am On Jun 02, 2011
odiaero:

Hi, yesterday i was selling while u guys were predicting buy, i hope no one got hurt yesterday

Now, I would consider a buy on GU. Bearish divergence on the 4H chart and stochastics showing it's now really oversold.
Re: Forex Trade Alerts by Nobody: 8:42am On Jun 02, 2011
naijababe:

Now, I would consider a buy on GU. Bearish divergence on the 4H chart and stochastics showing it's now really oversold.



Sure, am considering buy too there, but not till after it shows on daily, at the moment, am on EUROJPY , still cponsidering sell, but must wait to hit my points first
Re: Forex Trade Alerts by JAZES(m): 8:44am On Jun 02, 2011
naijababe:

Now, I would consider a buy on GU. Bearish divergence on the 4H chart and stochastics showing it's now really oversold.



I agree with u on this. GU is good for buy at the moment
cos its on the 55DMA.
Re: Forex Trade Alerts by Nobody: 8:48am On Jun 02, 2011
odiaero:

Sure, am considering buy too there, but not till after it shows on daily, at the moment, am on EUROJPY , still cponsidering sell, but must wait to hit my points first

A bullish candle on 1H TF would be stronger confirmation. Waiting for the daily candle could mean getting in late, my thoughts sha.
Re: Forex Trade Alerts by Nobody: 9:04am On Jun 02, 2011
naijababe:

A bullish candle on 1H TF would be stronger confirmation. Waiting for the daily candle could mean getting in late, my thoughts sha.

Am being more careful, waiting on the daily candle also means that i may not trade on the pair today, am in other pairs as i trade up to 7 pairs
Re: Forex Trade Alerts by Nobody: 9:07am On Jun 02, 2011
^ Never hurts to be more careful in this business. I used to trade only 2 pairs but only recently added AUD. But not going above these 3 pairs. Dem brokers must not ever chop my money again grin
Re: Forex Trade Alerts by Nobody: 9:12am On Jun 02, 2011
^^ Sure, and GBY have strenght in per candle, but now market hardly more anyway, i remember back then  it use to move like 700 to 800 pips daily, while EUROJPY always go to 1200 pips daily, really enjoyed it then
Re: Forex Trade Alerts by Nobody: 4:15pm On Jun 02, 2011
What the heck is going on with the darn market undecided ?! All this choppiness tire pesin abeg sad
Re: Forex Trade Alerts by Nobody: 4:24pm On Jun 02, 2011
naijababe:

What the heck is going on with the darn market undecided ?! All this choppiness tire pesin abeg sad



grin Yeah, that was the reason i stayed away from GBPJPY, i did not even look it way today, scalpped on other pairs
Re: Forex Trade Alerts by honeric01(m): 4:29pm On Jun 02, 2011
I still have bias for GU long, though its misbehaving now, but surely its going to test the 1.66 i have dreaded.



@odiaero

Welldone o, keep it up.
Re: Forex Trade Alerts by honeric01(m): 4:35pm On Jun 02, 2011
odiaero:

grin Yeah, that was the reason i stayed away from GBPJPY, i did not even look it way today, scalpped on other pairs

You no dey try at all, man can you ever be odiaero? undecided
Re: Forex Trade Alerts by JAZES(m): 8:02pm On Jun 02, 2011
naijababe:

What the heck is going on with the darn market undecided ?! All this choppiness tire pesin abeg sad



Na tomm u go see mkt true colour wink wink wink wink but even at that
i still carry some handful of pips commot
Re: Forex Trade Alerts by JAZES(m): 8:15pm On Jun 02, 2011
Markets are trading as if somebody had a risk switch.
After risk off day yesterday, London traders see a complete reversal and trade with risk on sentiment.
Stronger than exp UK construction PMI did not prevent further GBP declines following comments from BoE member.
Re: Forex Trade Alerts by JAZES(m): 8:17pm On Jun 02, 2011
Given that EU, IMF and ECB inspectors will issue a joint statement on Greece on Friday and the important NFP report,
markets are unlikely to break out significantly out of the recent ranges.
However, considering that the ADP report disappointed and that expectations for the NFP continue to be lowered, U
SD negative bias is likely.
Re: Forex Trade Alerts by Nobody: 8:46pm On Jun 02, 2011
JAZES:

Na tomm u go see mkt true colour wink wink wink wink but even at that
i still carry some handful of pips commot

I may close shop for this week abeg! My GU trade that I entered at 16330 expecting a gain of at least 200 pips, turned around and ended with 15 pips profit. I do have my eye on the EU sha. If it gets to 14550 area tomorrow and I see bearish candle on the 1H TF, I might short it.

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