FXKing2012:

You are entitled to your opinion. So becos it didnt work for u then you think it's not workable. Just admit u dont know when to apply it, like I said it is not applied arbitrarily, time is very much of the essence.
Dont say smthing cannot work just becos it didnt work for you. First u need to learn to time the market in order to know when to apply it.

+1
well said

biLLydNyce:

hey bro, add me on skype. i like ask u sometin

am not on skype

Una dey try o, almost 10 pages between last night and now

naijababe:

Una dey try o, almost 10 pages between last night and now

na so madam, you scarce all through. i greet u

nolly042:

am not on skype

copied

biLLydNyce:

na so madam, you scarce all through. i greet u

Some of us still have day jobs nau

JAkpayen:

Why not enter at the SL? You dey trade against thrend ooooo!

Ogboraph:


Do you see your self, i  went buy again when you said sell now ALERT ALERT EURUSD with hit 1.3244 and fall a little and up again Hit 1.3311

I told you to buy eur/usd at 1.3170 and take profit after crossing 1.3200 and then to sell euro/usd at 1.3200+. I've taken my 40pips and 50pips profit for the two trades and I'm happy. Time for champagne - again.

When I said to trust me, I meant it.

naijababe:

Some of us still have day jobs nau

your own good o chopping money with double hands. we shall get there too by God's special Grace

Wow! So far so good this 3days has been good. Made over 200pips in total. Like I always say, slow and steady wins the pips. Anyway, I'm out of the Majors for now. Want to focus on AU. My predictions, SELL AU at 1.0710, TP: 1.0610. Think Gold is gonna fall but I'm not trading it. Cheers traders. Till 2moro.

methodman:

Wow! So far so good this 3days has been good. Made over 200pips in total. Like I always say, slow and steady wins the pips. Anyway, I'm out of the Majors for now. Want to focus on AU. My predictions, SELL AU at 1.0710, TP: 1.0610. Think Gold is gonna fall but I'm not trading it. Cheers traders. Till 2moro.

Congrats bro

i hope everyone hav his own share of the market today, new trading day has come again. can the market continue north or south? only mr market can answer the question. anyway from my end here i can see GU & Eu point toward down down. let see how it goes Godluck.

it has all been nice events. New breeds new idea.
Best of the pips

shorted Eu @ 1.3170 sl@1.3205 for 50pip as usual. Goodluck

Good evening every one. How is the market treating us all? Hope good o. Well my AU trade of 175+ pips just hit TP, and the Usd/Cad is doing just fine. To those who took the Ucad call as I posted here some 2 days back, have some faith in the setup and don't close out. It has gone about half way and should reach our TP in no time . . . I hope so - none can tell !

I have another trade setup, and this time it is on Chf-Jpy. I don't know if much traders here trade this pair. If you aren't following it then you have to take a peek at least once in a while as it gives good signals from time to time. The trade is a buy and is offering a 1:2 of risk to reward should it work out as planned.

The parameter is go long (on limit pending order) @ 83.031 and set a stop loss of 70 pips below entry. Put TP at 155 pips from entry. See chart below for details.

Let's only hope that price retraces and gets us filled before rallying (if it will do so). Normally, I like to take setups like this @ close price, but I don't have the luxury to do so on this one cos of the compromise on a sound risk : reward. If you don't care about that, then I'd advise you go long @ current price 82.25 and set ur SL @ 82.336 and TP @ 84.566.

Goodluck to y'all. Good night!!!

odiaero:

Are we there yet?

No sir! we r waiting for u to pilot us there
good morning to you bros

this guy is getting ready to spike!!!

fxisreal:

this guy is getting ready to spike!!!

hold on let me get a bucket of hot water maybe that would wake him up

Sell EUR/USD @ 1.3170 for 30 pips and GBP/USD @ 1.5840 for 30 pips

thanks blog icon

i chickened out of the usd/cad trade. never saw ur au alert.

pulled the trigger on your chf/jpy alert at 83.17. was waiting for it to get to my pivot 83.04, 1 pip short of your pending order

frenchman2:

thanks blog icon

i chickened out of the usd/cad trade. never saw ur au alert.

pulled the trigger on your chf/jpy alert at 83.17. was waiting for it to get to my pivot 83.04, 1 pip short of your pending order

bro am with u on chf/jpy keep us updated.I didn't take the pivot

Euro Posed for Break of Next Key Resistance to Open Move to 1.3355
By Joel Kruger, Technical Strategist
02 February 2012 06:51 GMT






Euro still eyeing test of 100-day SMA
Greek PSI talks ongoing; waiting for official agreement
Fed Chair Bernanke testimony and US NFPs in focus
Aussie trade data comes in better thane expected
EUR/CHF and USD/JPY by key levels


Currencies still remain well supported on dips heading into the latter half of the week and the Euro still could head higher towards our objective by the 100-Day SMA at 1.3355. The key level to watch over the coming session comes in by 1.3235, and a break above should accelerate gains. For now, we are still waiting for additional details and the finalization of the Greek PSI deal, and any actualization of the agreement over the coming sessions could act as the catalyst for the next push in the major towards 1.3355. Other factors which come into play over the coming days are the Fed Chair Bernanke testimony and the all important US Non-farm payroll report due out on Friday.


Elsewhere, the commodity currencies continue to outperform, with Aussie rallying up through 1.0750 following the better than expected trade data earlier today. Market participants managed to shrug off the less encouraging Aussie building approvals, and remain intent on buying the higher yielding currency which has correlated so well to exceptional global equity performance. Other markets worth keeping an eye on are EUR/CHF which trades just over the critical 1.2000 SNB floor and USD/JPY which threatens a retest of the record lows from October at 75.55. The Japanese FinMin was on the wires overnight warning that firm measures will be taken and that short term speculative Yen moves will not be ignored. While we see risks for a break of the record lows at 75.55, we would also heed the warnings of Japanese officials and favor looking to buy USD/JPY with additional declines seen limited from here.

http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/opening_comment/2012/02/02/Euro_Posed_for_Break_of_Next_Key_Resistance_to_Open_Move_to_1.3355.html

GM all

Still watching for bearish move on de EURUSD. trendline has not been breached to de upside on de 4hr chart.

Green pips to all. Interesting link check it out http://www.forexpeacearmy.com/forex-forum/sive-morten-analysis/18665-eur-usd-daily-video-february-02-2012-a.html

Cheers  

school don start, i go miss fx&u guys 4 sumtym,

Still waiting for that critical time to enter the market

swiftz:

school don start, i go miss fx&u guys 4 sumtym,

Sorry eh! So did you take the Chf-Jpy trade?