guys, check my expectations from this pair and tell me what u think

aguiyi:

guys, check my expectations from this pair and tell me what u think

GU is definitely coming down at least till it gets to 1.6221, no doubt

am trailing from here till the bulls come back

Am loving EU downtrend, already up by 80pips
Na to trail remain now cos i see a small pull
back soon

GU and EU should just touch their toes haba!

^^ Lol, u wan break their Spinalcords??

^^^

Na it's how the business is, go up, come down, come down, go up, so just follow the roller coaster ride anywhere it goes.

Even Sideways or even if it leading you to PDP, u follow

@ Odiaero, abeg use your influence drive AUD/USD come down; the pair dey prove stubborn. lol

odiaero:

Even Sideways or even if it leading you to PDP, u follow

Is PDP a pair too?

honeric01:

Is PDP a pair too?

Yes na, they have PDP/ACN pair, check it on you platform, you will see, politicians like to trade that pair a lot

odiaero:

Woo , that pair make sense to sell, all my indicators are pointing sell,thanks for that

Just sold with 100lots x2 with 50pipstoplosses, men that is an opportunity i would have missed, cos i was just focusing on EJ and GJ now, thanks, am waiting to scalp my sell

100 lots? U mean $1000/pip? God!

I see that awon boiz are making money here o. My GU buy last night lost me 40 pips, but I'm not complaining now since I got a 100 pips out of it.

AUD - sell makes correct sense o, but you might want to be real careful with that one. I sold around 1.0690 area.

Am I the only one seeing a buy on EU ? Just entered, but I'll be watching like a hawk, all the good work done today must not be lost

naijababe:

Am I the only one seeing a buy on EU ? Just entered, but I'll be watching like a hawk, all the good work done today must not be lost

Am done with all those pairs selling from in the morning, right now, am on AU to murder it

naijababe:

Am I the only one seeing a buy on EU ? Just entered, but I'll be watching like a hawk, all the good work done today must not be lost

Please be careful with your buy now, i would suggest you look around 4360/40 for entry.

^ Check out the 4h TF, is there a bearish divergence or did I imagine it? My entry was at 4300, lookking to ride it to 4350, if the the 1H TF does show any bearish, I'll continue to ride it.

^
My MACD and itrend says down and the candle formation concur with them, so i wouldn't long now, but then we all know what we trade, maybe you're seeing what i can't see.

^ After last night, na very tight stop trade, it just closed out breakeven. Off to go and get some pips out of the Dow Jones

naijababe:

^ After last night, na very tight stop trade, it just closed out breakeven. Off to go and get some pips out of the Dow Jones

Which broker u dey use for indices? Do you trade futures too?

naijababe:

^ After last night, na very tight stop trade, it just closed out breakeven. Off to go and get some pips out of the Dow Jones

Good then, hope you're watching GU AND EU?

honeric01:

Good then, hope you're watching GU AND EU?

Watching all 3 pairs, I suspect AU will do most of it's southern move overnight.

JAkpayen:

Which broker u dey use for indices? Do you trade futures too?

I use IG markets, not sure if they'll open an account if you are outside the UK. I've heard good things said about Alpari and I think they  have indices on their platform
I only trade 2 indices DAX and DOW but I occassionally trade the Nikkei 225 if I'm in their time zone.

Scalpped the shit out of AU

am back,wats happening in the house

London session sees USD stronger across the board. GBP drops after disappointing labor market data. EUR ignores decent Ezone industrial production amid ongoing Greek debt uncertainty. US Consumer inflation industrial production is next.

GBP drops after claimant count Change showed the largest increase since February 2010 standing at 19.7K vs. 7.1K expected. Unemployment rate stayed at 7.7% but the Average Earnings Index decreased from 2.4% to 1.8%. GBPUSD is currently about 120 points below London open.

EZ Industrial Production for April improved to 0.2% from previous unchanged reading. Market expected a contraction by 0.1%. The fact that the Euro ignored this news and continued lower, combined with ever increasing spread between German and EZ periphery bonds shows that the pressure on the Euro is building. The meeting of EZ finance ministers who failed to achieve anything significant did not inspire much confidence either.

New York session kicks off at 8:30 am ET with US May CPI expected to decrease from 0.4% to 0.2% which would be the lowest reading since 12/2010. Core CPI is expected to grow at steady pace at 0.2%. The annual CPI is expected to increase from 3.2% to 3.4%. As QE2 comes to an end, the various inflation measures become even more important because the inflation level may determine a course of future FED action.

TIC data has been declining for five straight months showing less interest that foreigners have in holding longer term US securities. On a net basis, capital flow is expected to show an improvement to 45.3B from previous weak print of 24B. TIC data is due at 9:00 am ET.

9:15 am ET May Industrial Production expected to increase to 0.2% after unchanged reading last month.

Low volatility that is often seen during New York afternoon could be stirred up at 3:45 pm ET when BoE's Mervyn King gives speech in London.

odiaero:

Scalpped the poo out of AU

Gold is flying north with top speed. AUD=Gold

Eyeing 1540.Bleep for entry sell

JAZES:

GU is definitely coming down at least till it gets to 1.6221, no doubt

maybe  time to go long, any comments