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Forex Trade Alerts - Season 7 - Business (18) - Nairaland

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Re: Forex Trade Alerts - Season 7 by honeric01(m): 7:04am On May 30, 2012
EUR/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.2515.

Most Likely Scenario: SHORT positions @ 1.2505 with 1.2455 & 1.242 in sight.

Alternative scenario: The upside penetration of 1.2515 will call for 1.2575 & 1.263.

Comment: the pair stands below its new resistance and remains on the downside.
Re: Forex Trade Alerts - Season 7 by honeric01(m): 7:05am On May 30, 2012
GBP/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.5650.

Most Likely Scenario: SHORT positions @ 1.564 with 1.559 & 1.556 in sight.

Alternative scenario: The upside breakout of 1.565 will open the way to 1.569 & 1.5715.

Comment: the pair has struck against its new resistance and remains under pressure.
Re: Forex Trade Alerts - Season 7 by honeric01(m): 7:06am On May 30, 2012
USD/JPY INTRADAY: UNDER PRESSURE.
Pivot: 79.65.

Most Likely Scenario: SHORT positions below 79.65 with targets @ 79.3 & 79.2.

Alternative scenario: The upside penetration of 79.65 will call for a rebound towards 79.8 & 80.

Comment: the pair remains capped by a declining trend line and is challenging its support.
Re: Forex Trade Alerts - Season 7 by honeric01(m): 7:06am On May 30, 2012
AUD/USD INTRADAY: BREAK OF A ST RISING TRENDLINE SUPPORT.
Pivot: 0.9835

Most Likely Scenario: Short positions below 0.9835 with targets @ 0.9745 & 0.971 in extension.

Alternative scenario: Above 0.9835 look for further upside with 0.9882 & 0.99 as targets.

Comment: the RSI is bearish and calls for further downside.
Re: Forex Trade Alerts - Season 7 by Xbox1: 7:17am On May 30, 2012
I bought EU and Gold @ lowest level today, infact i did not sleep inso i can catch this, i will exit if the market hits the pivot points, hope my sleepless night pays off grin

1 Like

Re: Forex Trade Alerts - Season 7 by unclenna(m): 7:31am On May 30, 2012
honeric01: GBP/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.5650.

Most Likely Scenario: SHORT positions @ 1.564 with 1.559 & 1.556 in sight.

Alternative scenario: The upside breakout of 1.565 will open the way to 1.569 & 1.5715.

Comment: the pair has struck against its new resistance and remains under pressure.
honeric01: EUR/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.2515.

Most Likely Scenario: SHORT positions @ 1.2505 with 1.2455 & 1.242 in sight.

Alternative scenario: The upside penetration of 1.2515 will call for 1.2575 & 1.263.

Comment: the pair stands below its new resistance and remains on the downside.
I just entered BUY for this two pairs. Though for 20-30pips take profit.
Re: Forex Trade Alerts - Season 7 by honeric01(m): 7:32am On May 30, 2012
http://www.forexpeacearmy.com/forex-forum/sive-morten-analysis/20224-forex-pro-weekly-may-28-june-01-2012-a.html

1.2380-1.2530 is an area that contains a lot of weekly Fib extension targets, so it is meaningful support . Bullish wedge that is forming on 4-hour chart forces us to sit on the hand and wait
Re: Forex Trade Alerts - Season 7 by honeric01(m): 7:35am On May 30, 2012
unclenna:
I just entered BUY for this two pairs. Though for 20-30pips take profit.

Trailing stop to follow, who knows? it is likely to break higher.
Re: Forex Trade Alerts - Season 7 by WINNINGWAYZ(m): 7:35am On May 30, 2012
Good Morning,
I slept off yesterday. Was very tired coming from site. had to close my trade on small negative, since it was inconsistent with my 12 AM setups.
Buy EU @ 1.2472 and aim for pivot. SL 1.2449 (using below previous lowest low) I have notice divergence on 1hr chart and using rsi 7, it seem very ok. low risk
BUY EJ 99.03, the inability to break support is providing good trading signal, an still above yesterday's low of 98.92. sl is placed @ 98.87
Re: Forex Trade Alerts - Season 7 by pipsharvester: 7:39am On May 30, 2012
unclenna: @all, X_box, pipsharvester, bassette(m), and 1 guest(s) how far.........the market is not sweet to enter for now.
unclenna.......i am waiting to go boko haram on gold

1 Like

Re: Forex Trade Alerts - Season 7 by WINNINGWAYZ(m): 7:43am On May 30, 2012
Folks, whats your take on Gold? Am Having a buying bias
Re: Forex Trade Alerts - Season 7 by unclenna(m): 7:48am On May 30, 2012
eu trying to go up and gu going down what a day. My GU is -ve while eu tve but both suppose to be tve.......lol
Re: Forex Trade Alerts - Season 7 by unclenna(m): 7:49am On May 30, 2012
I concentrate on only GU and EU and I have been successful trading only this two pairs.
Re: Forex Trade Alerts - Season 7 by Nobody: 8:00am On May 30, 2012
becareful in buying the aussie for now cool
Re: Forex Trade Alerts - Season 7 by WINNINGWAYZ(m): 8:14am On May 30, 2012
crazy crazy
Re: Forex Trade Alerts - Season 7 by honeric01(m): 8:20am On May 30, 2012
MADDDDD, well stay out of the market if you don't have the margin to rock the market
Re: Forex Trade Alerts - Season 7 by dboy365: 8:20am On May 30, 2012
Nice low risk (max 13pips sl) trades on many pairs already doing R:R of atleast 4:1. like the GJ and co sell entries triggered already
Welcome all to a pipsfull season 7

Re: Forex Trade Alerts - Season 7 by honeric01(m): 8:49am On May 30, 2012
Stay away in May

Assets prices were not unlike a volcano yesterday – all quiet on top, but a bubbling cauldron of fire and friction underneath. Although most now accept that the end is nigh for Greece in terms of continuing participation in the eurozone, events in Spain are moving so incredibly quickly that the centre of global systemic risk has now shifted indelibly to Madrid. Yesterday's news that retail sales in Spain collapsed by 16% in real terms in the year to April confirmed that this is another European economy in freefall. Almost everywhere you look in southern Europe the news is disturbing. Unsurprisingly, confidence in the single currency continues to ebb away; the euro dropped to a new 2yr low of 1.2457 overnight. In the month of May alone, the euro has fallen by almost 6%. Once more it is the dollar and the yen that are winning the forex popularity contest, while G4 bonds continue to set new record lows in yield. Gold is still really struggling (see below for a more detailed discussion) – it fell to USD 1,545 overnight. Oil prices are still plunging, providing further evidence that global demand has waned markedly in the current quarter. Brent crude fell below USD 107 last night, a fall of almost USD 20 in less than two months. That old investment adage 'sell in May and go away' has once again been remarkably prescient.
Re: Forex Trade Alerts - Season 7 by X3n(m): 8:53am On May 30, 2012
wishing everyone in the hse a pipful day. lets join the ride down on eu and related pairs. dnt tel the market wot to do, just folow its lead. she knws d way, and if u folow her diligently, she will lead u to a land full of pips and more pips grin ENJOY!!

1 Like

Re: Forex Trade Alerts - Season 7 by unclenna(m): 8:56am On May 30, 2012
unclenna:
I just entered BUY for this two pairs. Though for 20-30pips take profit.
grin
stoploss hit. grin
Re: Forex Trade Alerts - Season 7 by donblanco: 9:15am On May 30, 2012
aguiyi: i have an indicator that sports pin bar, its attached, if you dont know how to trade it,pls avoid
pls can u place it here for those of us still trying to find the right one that suits us
Re: Forex Trade Alerts - Season 7 by Xbox1: 9:34am On May 30, 2012
Am losing my patience on EU
Re: Forex Trade Alerts - Season 7 by dboy365: 10:01am On May 30, 2012
dboy365: Nice low risk (max 13pips sl) trades on many pairs already doing R:R of atleast 4:1. like the GJ and co sell entries triggered already
Welcome all to a pipsfull season 7

R:R TP of 6:1 taken given me a 31% equity growth on a client's account. R:R in $$$ is key, not amount of pips made. My investment in knowledge (the low risk course) is paying off big time
See y'all later folks. Lemme catch some sleep before work.
Re: Forex Trade Alerts - Season 7 by honeric01(m): 10:03am On May 30, 2012
Wow, did anybody die? see silence o shocked shocked shocked shocked shocked
Re: Forex Trade Alerts - Season 7 by hisableplc(m): 10:03am On May 30, 2012
Theyjih:


IGNORE LIKE IGNORAMUS oh got like 5 sef SCAM toh BADT

Oh u were sent too wonderful well i played with them tried wrong numbers and pins and they accepted it fools like them they now asked for toking i played at long and but the link which linked to account balance on the left was genuine wen i decided to check the wrng acct balance the nxt was dat it took me to d real gtb login page i.e ibank well i will alert them i should be heading to their offoce anytime t soon
Re: Forex Trade Alerts - Season 7 by hisableplc(m): 10:09am On May 30, 2012
time for short buy 4 me oh GU GJ EU i need to recover my losses
Re: Forex Trade Alerts - Season 7 by honeric01(m): 10:17am On May 30, 2012
hisableplc: time for short buy 4 me oh GU GJ EU i need to recover my losses

Be very careful o, let this candle close first
Re: Forex Trade Alerts - Season 7 by honeric01(m): 10:21am On May 30, 2012
SL hit embarassed

Nothing do me.
Re: Forex Trade Alerts - Season 7 by silibaba: 10:28am On May 30, 2012
X_box: Am losing my patience on EU

still watching the action film at S2. will consider buy if the 1hour candle close as a hammer or closes above the support line.

still watching sha cool
Re: Forex Trade Alerts - Season 7 by silibaba: 10:29am On May 30, 2012
honeric01: SL hit embarassed

Nothing do me.

is part of da game big bros, move on cos no looking back
Re: Forex Trade Alerts - Season 7 by Xbox1: 10:31am On May 30, 2012
EU please go up na i dey beg grin
Re: Forex Trade Alerts - Season 7 by 9ja4u(m): 10:39am On May 30, 2012
Na bears get today.....Omo see pips.....the JPY pairs don collo...

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