tonjoan:

sellers of gu be wary for we've taken profit. It's looking set for a rally.

Seem as if you had my thoughts, I'm expecting a pull-back for EU and GU

@tonjoan. Have u checked your Eu 4hr chart using stochastic 933. The Eu is highly over bought and the daily chart is yet to enter the over sold region. I think today will be a bad day for EU.

Sorry! EU seems to be in trouble. At least 1.3575 might be reached.

Yea, I think so too

unclenna:

@tonjoan. Have u checked your Eu 4hr chart using stochastic 933. The Eu is highly over bought and the daily chart is yet to enter the over sold region. I think today will be a bad day for EU.

I will be wary of going below 1.3660

it still doesn't look cast in stone for the bearish look. I'd rather wait to buy than sell further below 1.3660

first rule of price action: never ever trade against price when it has not reached tp. . . . . .especially when it's in it's fifth wave.

I suspect movement downward soon. My 4hr chart confirmed bear to be in charge.

now you guys are coming up, from the time i made the call to sell Eu till now the market has moved 80pips south, today may be a bad day for EU.

@unclenna,ur trading setup is very simple,yet POWERFUL! Thanks for sharing it

unclenna:

now you guys are coming up, from the time i made the call to sell Eu till now the market has moved 80pips south, today may be a bad day for EU.

LaconicINC:

@unclenna,your trading setup is very simple,yet POWERFUL! Thanks for sharing it

That was a good call and thanks a lot, this is a venture u have to be sure and thank God we are all on the same page now. Let brotherly love continues. Una well done.

Howdy boyz? I see y'all be reaping some bounties

@all, I have taken profit for EU 100pips and GU 100pips, Reason my 1hr chart has become dangerously oversold and there is every tendency it will go up before the day runs out, If you had followed me the time I made the call you should have at least 80 t0 100 pips, .Now I have position my positions to buy EU and GU @ Eu = 1.3667 and GU = 1.5948 (am already in the market buying every EU and GU) this is me, I have reasons to do what I do. the first call was because my 4hr was highly over bought and now this call is because my Ihr is highly over sold, adding to retracement i will still make another buying EU GU

toluxa1:

euro WILL hit 3666. No DOUBT.

please make your analysis well before you join me cos I have little -ve for GU but am not moved

Eyeing 3630 next.

unclenna:

please make your analysis well before you join me cos I have little -ve for GU but am not moved

Me thinks I'll join you but at 15920 area. Many bounces there, at least on the hourly chart.

DOW and Crude should get to tp already, these azzwipes are testing my patience jare.

For me if this 1.3650 support is broken meet me @ 1.3575-1.3580 area before of thinking about going North.

unclenna:

@all, I have taken profit for EU 100pips and GU 100pips, Reason my 1hr chart has become dangerously oversold and there is every tendency it will go up before the day runs out, If you had followed me the time I made the call you should have at least 80 t0 100 pips, .Now I have position my positions to buy EU and GU @ Eu = 1.3667 and GU = 1.5948 (am already in the market buying every EU and GU) this is me, I have reasons to do what I do. the first call was because my 4hr was highly over bought and now this call is because my Ihr is highly over sold, adding to retracement i will still make another buying EU GU

it is refreshing when you know how to read the charts isn't it? After the retracements, we really are having the set ups to go long.

naijababe:

Me thinks I'll join you but at 15920 area. Many bounces there, at least on the hourly chart.

DOW and Crude should get to tp already, these azzwipes are testing my patience jare.

Tell them you're not Goodluck's wife o. How was ur weekend sis?

tonjoan:

Tell them you're not Goodluck's wife o. How was your weekend sis?

Definitely not that Olodo's wife. Weekend was a lazy one, i slept and watched Nollywood throughout

naijababe:

Definitely not that[b] Olodo's wife[/b]. Weekend was a lazy one, i slept and[b] watched Nollywood throughout[/b]

I go report you ooo. Did same to. spent part of the weekend on nollywood.

toluxa1:

Eyeing 3630 next.

Almost.

But I am finally out at 3643.

Slowly we are adjusting for the shoot to the northern hemisphere.

May be @ 1.3575 we will be there. Sorry we are there.

we dey

Down EU ~ Reversal estimated to be 1.3550.

Two Professional Trading Tips for You (courtesy of eTORO)


Do you want to avoid the common trading mistakes people make when they start trading? By reading these top tips you can make it a reality.

1. Know when to cut your losses

Successful traders know that profits are achieved by owning up to your mistakes quickly in order to keep your losses in check. Dropping your failed trades will free you to focus your attention on looking for the next successful trade to make up for them.

2. Focus on money management and a trading plan

Uncontrolled emotions are the number one cause of trading losses. Don't let your emotions sway you, stick to your trading plan and remember to set (and stick to) your Stop Loss orders

But am sorry am not a professional trader

i don't believe in all this overbought or oversold thing.
i don't even believe in any indicator.
the true is that no one can predict when the trend will start or end
just react to price that's all u need to succeed in this biz.
just follow price wherever it goes, buy high and sell low.
remember the trend is ur friend, dont go against it

just locked 101pips on aud/usd
need to hang out now at leaset 4 litres of tonbo is OK for the 9t.

happy pip-fishing
may the pips be with us all