Ogboraph ~ Do u trade with pivot? I beg my man make u check well well wetin ur Price Action dey do around the last PP level & cross examine ur indicators well this thing no look like buy again though I cannot be so sure like Mr. missing link but the concept is there.

odiaero:

Me favour sell

Becos u sabi pivot magic.

i will better sell eu than buy

Broken trend line not breached, market opens below pivot, 100ma on 1hr acting as a strong resistance etc. makes me bearish on the EURUSD. But de market has a mind of its own. Lets see. But pls what ever call u get especially de newbies don't forget Money Management very important

Cheers

am selling eu now. the up wave is over and corrective wave is on

My view on EU:

From d monthly view, i think eu still has some steam to d upside after dat strong bounce from 1.262x. Though bias is gradually changing, eu is more likely to hit at least jan's high of 1.323. Generally, wit d monthly view still looking bullish, theres also posibility of a test of 1.3298(5sma)/ 1.35xx(10ema).

From the weekly view, it gives a clearer picture of posible change in trend as my faster MAs points south however, a closer look will reveal them gradually turning north (thanks to naijababe) and d support provided by 1.307x and 1.310x(10ema dynamic support) gives an indication that eu may likely rally to test 1.3315 area, same price level with eu monthly 5sma.

From the eu 4hrs view, from my scanty experience so far, when price and my faster MAs finds themselves within the enclosure of the 2 slower MAs, it puts eu in an account crashing mode (up dis minute and down d next minute). However, if as it stands now, my 10ema holds firm to the dynamic support it is giving eu 4hrs then i think it would be wise to have 2nd, 3rd and 4th thoughts to selling eu.on the other hand, if this present 4hrs closes below the 3 faster MAs, then i think this H&S formation may play after all.

Finally, if eu 4hrs does what happened on eu 1min this morning, as in 20sma going above 365ema, then i think 1.35xx may b a reality otherwise, its 1.28xx

, just my 0.00000001cent

I seriously doubt the buy call on eu as the chart speaks volume of a sell outlook.

Same applies to gu only that it will dilly dally before the southern journey

Hi Guys, For the newbies in the house, Please check this link to learn about chart patterns with respect to reversals etc.

http://www.babypips.com/school/chart-patterns-cheat-sheet.html

Happy new Month Y'All

tonjoan:

I seriously doubt the buy call on eu as the chart speaks volume of a sell outlook.

eu 1hr 1.3050/1.3078 eu must find resistance below this zone else the bulls have it

biLLydNyce:

eu 1hr 1.3050/1.3078 eu must find resistance below this zone else the bulls have it

I agree with you bro, but I'll also advise you look at the daily formation and see that 1.2933-1.2860 is also within range.

market is seriously getting weird

nolly042:

market is seriously getting weird

Usually the case in NFP week.

Hi Sir tonjoan, Happy New Year, Good To see you here, Have been looking around to see your analysis. You might be guessing who is this, Its me Patrick 4rm Awesome Hope. How can i add you on skype? If you still have my mobile no Sir, plz text message ur Skype ID for me. Thanks. Once again welcome Sir.

buy on eur/usd

haven seen what gold and dax are doing, I think the fall on eu will get pretty delayed and so will rally for now.

xrayfab:

Hi Sir tonjoan, Happy New Year, Good To see you here, Have been looking around to see your analysis. You might be guessing who is this, Its me Patrick 4rm Awesome Hope. How can i add you on skype? If you still have my mobile no Sir, plz text message ur Skype ID for me. Thanks. Once again welcome Sir.

Patrick, long time. how r u? tonyeb2 that's the skype id

are sellers still in the market?

dboy365:

WHERE ARE MY BEARS, AND CASUALTIES.
FEELING SORRY FOR YOU NOW

Pretty sure they will have a stop loss don't you think so?

i missed 43 pips b/4 i could finish posting alert for the forum

odiaero:


Blame it on FXking

Am selling again to scalp

Die hard.

tonjoan:

haven seen what gold and dax are doing, I think the fall on eu will get pretty delayed and so will rally for now.

true talk

dboy365:

guess the true pix is unveiling itself now.
Price action is key,
lets ride bull

Price action has always been key.

dboy365:

WHERE ARE MY BEARS, AND CASUALTIES.
FEELING SORRY FOR YOU NOW

in d unending battle between the bulls and bears, theres always casualties

odiaero:


Blame it on FXking

Am selling again to scalp

i bet his reverse trade strategy will do well

guys if you are watching the eur/usd continue to modify your take profit and stoploss

tonjoan:

Die hard.

sir pls as oldie how do u trade NFP cos me i have been avoiding the market ever since i started trading. my 1st attempt it wiped out my A/C. waiting, ndwalkings@gmail.com