dareF:

Powerful signal,
SELL USD/CHF, BUY EUR/USD, BUY GBP/USD LONG TERM TRADES.

dareF:

Powerful signal,
SELL USD/CHF, BUY EUR/USD, BUY GBP/USD LONG TERM TRADES.

pip love-vendor:

chairman. . . .are you sure about that call?. . . . eurusd and audusd has confirmed it's trend reversal since the 18th of this month for a further continuation to the downside to as low as 1.3495 for eurusd and 10035 for audusd, . . . what is happening now i think is normal price play. . . . . .but i may be wrong though. . . . .

Blog icon:

My sincere apology goes to anyone who has been hurt in one way or the other by any of my calls, for this just concluded trading week, which have all ultimately failed. If you have been following my trade call history right from the inception of this thread, you will agree with me that this (the failures) is quite unusual - not to say I win all my trades. The market is in a transitional phase hence has been haphazard and extremely tricky of recent - defying the best of my technical analyses.

The Gbp-Chf trade gave over a 100 pips only to come crashing- thank God for trade management though, I came out at break even there. Same goes for the Eur/Usd; kilode!! 

With that said, I am shutting further trade calls as well as personal trading for the rest of this month. Hoping to come in at the beginning of November. Hopefully market conditions will be calm and back to normal by then. Thanks for the understanding. A nice trading time to everyone else.

Happy Sunday.

Zeddicus:

Inasmuch as its right to apologise, its never compulsory for anyone to use any calls here. So no need feeling any guilt. We all have losses at one point or the other, what matters is what happens on the long run. Great week ahead for everyone!

stagger:

No trader worth his salt should just follow trade calls blindly.

And I want to say this: there is too much market moving news in the market at the moment. I sincerely think it is most unwise to just use technical plays to trade the market.

If Greece defaults, no one wants to know if the EURUSD has an ascending triangle or stochastics and RSI showing oversold levels. Traders will sell the EURO massively and make nonsense of whatever bullish technical signals anyone is using.

So[b] everyone [/b] should watch the news as well when making trade decisions. Or you can be like me and stay out of the market completely. Last week I took only three trades and was successful in them. That was on Monday and Tuesday. I was out of the market the rest of the week.

Sometimes in forex, not taking a trade is as good as a profitable trade, if you know what I mean.

pip love-vendor:

@Stagger. . . . In my OPINION. . .i think it is wrong to say everyone should listen to news in order to determine one's trades. trading systems/strategies is dependent on one's personality. from your last post you have basicaly described yourself as a scalper. . . .no matter the adjectives you may want to use in describing it. you wait for news releases in order to determine your trades. i have no qualms with that. . . it works for you which is all that matters. others. . . like me prefer to trade long term with technical analysis as basis for it. personaly i pay no heed to news releases and i have also noticed that the effect of news does not last one bit. . . .to me. . .price is like a lion and trying to cage it with tight stop losses will only hurt you in the long run. . . . .which is why i stick to a 300 pip stop loss. . . .let it roam free, it will always come back to you is my motto. case in point is the usdchf trade i entered three weeks ago, which just hit target on friday and i have placed another long term trade for a sell on audusd for a tp of 10035. . . . .to you it is unheard of to trade that way. . . but for me. . .there is nothing like it. . .like i said . . . .what works for you may not work for me,  . . .we are all different.

stagger:

What are u blabbing about really? DO you read your comments and ask yourself if you are making sense or you are just talking off point?

Did you even understand what I meant in my post? The highlighted items show that you do not.

I was clearly talking about why the GBPCHF trade failed, and that was because of the retail sales figure which was much stronger than expected. Who was talking about you and your trading style?

Na your sense I dey use trade forex?

pip love-vendor:

odiaero. . . .can i ask you a question?

pip love-vendor:

Oga mi. . . .you are still rambling in circles. . . . the crux of your point is still that in your OPINION news is paramount in trading which is why you stated that everyone should take news into consideration. i only stated that what works for you does not necessarily work for others which i why i used myself as an example. . . .come to think of it. . . .you are very bitter about everything. the only time you try to contribute here is when you think others have faltered one way or the other. . . never positive. . . .why na? if i were you i will kukuma stick with what you know best which is "developing strategies for institutions,  . . . "cough. . .cough. . .cough"  . . . .as you stated in the past,  . . . whatever that means.

You blab too much. You need to keep your mouth sealed with a zip or stick to what you know best and stop confusing people here on this thread. You are blabbing! In case you do not know, I am part of a team that provides technical analysis that is seen on the forex platforms of a major European forex broker, used by hundreds of thousands of traders worldwide.

I do not need to blow my trumpet for imbecilic cretins like you; I have monetized forex trading in many more ways than you can imagine and you don't know shit about that. Take your silly opinions and shove them up your rear ends. Ok?