Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,899 members, 7,821,136 topics. Date: Wednesday, 08 May 2024 at 08:46 AM

Forex Trade Alerts - Season 7 - Business (53) - Nairaland

Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts - Season 7 (108698 Views)

Forex Trading - Season 15 / Forex Trading - Season 14 / Forex Trading - Season 13 (2) (3) (4)

(1) (2) (3) ... (50) (51) (52) (53) (54) (55) (56) ... (102) (Go Down)

Re: Forex Trade Alerts - Season 7 by honeric01(m): 8:10am On Jun 14, 2012
GBP/USD INTRADAY: REBOUND.
Pivot: 1.5495

Most Likely Scenario: Long positions above 1.5495 with targets @ 1.5565 & 1.56 in extension.

Alternative scenario: Below 1.5495 look for further downside with 1.545 & 1.54 as targets.

Comment: The pair is rebounding on its support as the RSI is turning up.
Re: Forex Trade Alerts - Season 7 by honeric01(m): 8:11am On Jun 14, 2012
EUR/USD INTRADAY: REBOUND.
Pivot: 1.2515.

Most Likely Scenario: LONG positions @ 1.2525 with 1.261 & 1.2665 in sight.

Alternative scenario: The downside penetration of 1.2515 will call for 1.247 & 1.244.

Comment: The pair is rebounding on its new support and is approaching its resistance.
Re: Forex Trade Alerts - Season 7 by mekuzoil(m): 8:23am On Jun 14, 2012
EUR/USD Daily Update, Thu 14, June 2012
Good morning,
by yesterday flag upward breakout situation partially has been resolved. On daily time frame trend is bullish and we can talk about next target - AB=CD 1.0 extension point at 1.2775. It creates an Agreement with next K- resistance 1.2745-1.2770 area. Although it stands slightly beyond overbought - it will be corrected if market will proceed move up.

So, today situation significantly different. We have daily and 4 hour bullish trends and price above WPP. Current K- resistance has been tested twice already, so it has become weaker. Also it is not acompanied by overbought any more.

On 4 hour chart I've drawn just an idea how it could turn. Exsitence of WPR1 slightly above the market tells, that butterfly is not absolutely impossible here. What is even more intriguing, is that if it will be really butterfly, then its targets will stand around next K- resistance area 1.2745-1.2770. This will be perfect final point of retacement.

Still, currently we have short-term bullish context and have to search possibility to enter long. On hourly chart market has hit 1.618 target and is showing retracement by now. If it will be gradual and soft AB=CD pattern, then 1.2530-1.2550 appears nice to search for long entry possibility.
One thing that we want escape is plunge down and long black candles . If it will be that way - it's better to skip it and wait for further clarification.
Another scenario is if market will hit WPR1 first and show retracement second. In this case, it could be in form of Butterfly "Sell" on hourly chart or H&S or something. Since WPR1 stands at 1.27 extension of current retracement down on houlry chart. Anyway, this will not change overall picture. Major - is to not get fast downward move. Be careful.
Re: Forex Trade Alerts - Season 7 by Rich4god(m): 8:26am On Jun 14, 2012
honeric01: EUR/USD INTRADAY: REBOUND.
Pivot: 1.2515.

Most Likely Scenario: LONG positions @ 1.2525 with 1.261 & 1.2665 in sight.

Alternative scenario: The downside penetration of 1.2515 will call for 1.247 & 1.244.

Comment: The pair is rebounding on its new support and is approaching its resistance.
Plz, pardon me to ask... With this explanation, are we to buy or sell. I know that to LONG is to buy, but i realy do not understand were the alternate scenario comes in. Thanks.
Re: Forex Trade Alerts - Season 7 by lynx200(m): 8:33am On Jun 14, 2012
Guy honeric is giving you what might happen with his analysis. The best u can do is conduct your own analysis and come to your conclusion. Nothing is guaranteed in forex. You can start with this website www.fxpoints-points.com for explanation on the pivot trading strategy.
Rich4god:
Plz, pardon me to ask... With this explanation, are we to buy or sell. I know that to LONG is to buy, but i realy do not understand were the alternate scenario comes in. Thanks.
[quote author=Rich4god]
Re: Forex Trade Alerts - Season 7 by namdo(m): 8:33am On Jun 14, 2012
unclenna: I trade what I see oh. Am not a forex prophet. Tomorrow i may see otherwise.
meaning?-----you are then a short term forex prophet bro. grin...prophets of price using different/various medium, grow up guys. I am an elder (afterall i can take a title, if it pains you hug transformer) and if some call me bros i have no itch about it.cool
Re: Forex Trade Alerts - Season 7 by honeric01(m): 8:42am On Jun 14, 2012
Rich4god:
Plz, pardon me to ask... With this explanation, are we to buy or sell. I know that to LONG is to buy, but i realy do not understand were the alternate scenario comes in. Thanks.
by yesterday's upward breakout of flag consolidation , market has established short-term bullish context. So, we could search possibilty to enter Long. Next target on daily time frame is 1.2775. But one thing that we have to avoid - fast downward move. We need gradual and soft retracement to our potential entry level:


http://www.forexpeacearmy.com/forex-forum/sive-morten-analysis/20442-eur-usd-daily-video-june-14-2012-a.html
Re: Forex Trade Alerts - Season 7 by JAkpayen(m): 9:28am On Jun 14, 2012
Buy EU @ 1.2550 with SL @ 1.2490 TP 1.2700

EU will likely break-out the 1.2667 resistance
Re: Forex Trade Alerts - Season 7 by FXKing2012(m): 9:36am On Jun 14, 2012
JAkpayen: Buy EU @ 1.2550 with SL @ 1.2490 TP 1.2700

EU will likely break-out the 1.2667 resistance

So much negative news coming out of Europe yet you wanna buy EU. . .hmmnnn
Re: Forex Trade Alerts - Season 7 by JAkpayen(m): 9:40am On Jun 14, 2012
FXKing2012:

So much negative news coming out of Europe yet you wanna buy EU. . .hmmnnn

Yeah! That's what they keep telling us (retail traders) but the big boys are buying secretly behind us.
Re: Forex Trade Alerts - Season 7 by FXKing2012(m): 9:44am On Jun 14, 2012
JAkpayen:

Yeah! That's what they keep telling us (retail traders) but the big boys are buying secretly behind us.

Good point, thought I was alone on it. I bought at 1.2560
Re: Forex Trade Alerts - Season 7 by honeric01(m): 9:51am On Jun 14, 2012
JAkpayen: Buy EU @ 1.2550 with SL @ 1.2490 TP 1.2700

EU will likely break-out the 1.2667 resistance

Pending at 1.2530
Re: Forex Trade Alerts - Season 7 by JAkpayen(m): 9:58am On Jun 14, 2012
honeric01:

Pending at 1.2530

Shorting UCHF also @ 0.9580 for 70 pips
Re: Forex Trade Alerts - Season 7 by LaconicINC: 10:00am On Jun 14, 2012
ItGeek:

you've got mail.
pls help me with the book e_laconi@yahoo.com
Re: Forex Trade Alerts - Season 7 by honeric01(m): 10:08am On Jun 14, 2012
JAkpayen:

Shorting UCHF also @ 0.9580 for 70 pips

0.9620 is perfect for me.
Re: Forex Trade Alerts - Season 7 by FOREXMART(m): 10:38am On Jun 14, 2012
Hello house. How are yall doing today?
Re: Forex Trade Alerts - Season 7 by WINNINGWAYZ(m): 10:41am On Jun 14, 2012
NA WA OOO. NA BEEFING BE DIS? NO HAPPY BIRTHDAY FOR ME?
well, have been doing screenplay for a movie, but felt my post yesterday evening would suffice. Am all greens. AU, EU and EJ and all locked on profit.
Will let you know of new set-ups.
Many "elders" dey dull. Run enter one-chance.
Namdo: Noun. Someone will low self esteem and poor sense of proportion.
Gotten from Namdo, a naija guy mistaken for portuguese potatoes,when armed with a pentium one computer and etisalat free 15mb took stupidity to an all time high.
Re: Forex Trade Alerts - Season 7 by WINNINGWAYZ(m): 10:50am On Jun 14, 2012
WINNINGWAYZ: EJ getting ready to go to south africa. Loading... SELL under 100.
WINNINGWAYZ: AU has been able to touch parity three times without been able to break. This is a triple top formation and without breaking above it, gravity will take place. Keep an eye on it and watch out for sell signals on 1 and 4 hrs chart.
WINNINGWAYZ: Reversals formations on EU 4hr charts. If you are aggressive, take sell now. if you are conservative, wait till new pivot levels formation. use previous highs as SL. much greens on d way.
happy pippin

Fundamentally, I guess am technically inebriated.
How market?
Re: Forex Trade Alerts - Season 7 by FXKing2012(m): 11:02am On Jun 14, 2012
WINNINGWAYZ: NA WA OOO. NA BEEFING BE DIS? NO HAPPY BIRTHDAY FOR ME?
well, have been doing screenplay for a movie, but felt my post yesterday evening would suffice. Am all greens. AU, EU and EJ and all locked on profit.
Will let you know of new set-ups.
Many "elders" dey dull. Run enter one-chance.
Namdo: Noun. Someone will low self esteem and poor sense of proportion.
Gotten from Namdo, a naija guy mistaken for portuguese potatoes,when armed with a pentium one computer and etisalat free 15mb took stupidity to an all time high.

OK, is it just me or am I really smelling a battle btw Nambo and Winninwayz?
Re: Forex Trade Alerts - Season 7 by FOREXMART(m): 11:10am On Jun 14, 2012
Eu and gu ranging. Expecting to long audusd soon. Bless u all.
Re: Forex Trade Alerts - Season 7 by FXKing2012(m): 11:13am On Jun 14, 2012
Sold GC at 1.4845.
Re: Forex Trade Alerts - Season 7 by FOREXMART(m): 11:17am On Jun 14, 2012
that not withstanding today is Christmas for scalpers.
Re: Forex Trade Alerts - Season 7 by silibaba: 11:33am On Jun 14, 2012
cheesy grin how market grin cheesy
Re: Forex Trade Alerts - Season 7 by Rich4god(m): 11:36am On Jun 14, 2012
Market tight for me oooo... No movement at all...
Re: Forex Trade Alerts - Season 7 by silibaba: 11:38am On Jun 14, 2012
then buy eu and leave it for 50 pips cheesy cheesy

grab it now
Re: Forex Trade Alerts - Season 7 by okemmadu(m): 1:55pm On Jun 14, 2012
silibaba: then buy eu and leave it for 50 pips cheesy cheesy

grab it now

That was accurate. How did u get that?

(1) (2) (3) ... (50) (51) (52) (53) (54) (55) (56) ... (102)

Man Breaks His Piggy Bank After Saving For 10 Months & Saw This (Pics) / Forex Trade Alerts - Season 10 / How These 3 Businesses Can Change Your Life

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 33
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.