₦airaland Forum

Sold Cable at 14900 for 70 pips (edited)


Frawzey

dl_jbd: Reply please

Check the BOM thread. https://www.nairaland.com/1135391/binary-option-free-alert-season

Ask ur questions there.


Frawzey

This video got me laughing big time NSCDC


https://www.youtube.com/watch?v=F9ZV8pfJS34


Frawzey

LRNZH: Exactly
Allegri's tactics are off. Why will Constant and Niang play 60 mins or more with Muntari on the bench?
This is where you have to respect Mourinho's tactical genius.

Exactly my thought.

But honestly Barca played them out. As in Messi rode roughshod over the midfield. Kudos to Messi.



Frawzey

Allegri's account needs to be checked after this match.

How will u use rookies in a match like this? He gave the match away.



Frawzey

Aussie is waxing stronger and stronger. AUDCAD just broke a very strong resistance at 1.6000.

Next hourly candle will confirm its worthiness.


Frawzey.

Oliver, how market?

Read your post from the school fees to sleeping off trading .

U're very funny. Even if its RSI or Stoch with Trendlines that u can master, its enough to give u a good profit at the end of each month. Once u can minimise your risk, u're a winner.

I like your courage anyways but get a Plan B incase...Plan B may/ may not be money but something u could bank on when billows roll.

I advise u start with Aussie and Kiwi. Those are commodity currencies. U won't have those BP issues. $1 in a trade is better than $5 in 10 trades. With a good plan, u won't be impulsive. Frankly atimes, u'd make those emotional trades but u'd know that u have to reduce ur lot size cos it aint planned. Just minimise risk.



Frawzey

gen2briz: Why London #justasking

Cos Jimmy had always been in London. He schooled there. The longest time he spent in Naija was NYSC.



Frawzey

Requote ^

aguiyi: oga AYOX2003,greetings, pls can i pm you?, i need mentoring on harmonics, been reading some stuffs lately both its a bit confusing



@ concept, i see u there , greetings to you too

Gen. Aguiyi Ironsi, . Abeg Oga Oga no go help matters. Ayo is enuf. But I strongly believe that if u cross-check the explanation again, and watch the video, it would be easy. I just followed u, so feel free to PM me.


@thread, how market? Lol.


Frawzey

Afghan President Hamid Karzai ratcheted up his criticism of the United States on Sunday, marring a debut visit by the new U.S. defense secretary, Chuck Hagel, and highlighting tensions that could undermine Washington's strategy to wind down the unpopular war.

A day after two Taliban bombings killed 17 people, Karzai accused the United States and the Taliban of colluding to convince Afghans that foreign forces were needed beyond 2014, when NATO is set to wrap up its combat mission and most troops withdraw.

"Those bombs that went off in Kabul and Khost were not a show of force to America. They were in service of America. It was in the service of the 2014 slogan to warn us if they (Americans) are not here then Taliban will come," Karzai said in a speech.

"In fact those bombs, set off yesterday in the name of the Taliban, were in the service of Americans to keep foreigners longer in Afghanistan."

It was one of several inflammatory comments by Karzai and his government on Sunday and follow weeks of efforts by the Afghan leader to curtail U.S. military activity in Afghanistan, including a call to kick American special forces out of an important province. U.S. commanders see special operations forces as key to the end-phase of the conflict.

Hours after Karzai's speech, Hagel said he spoke "clearly and directly" about the comments during his first meeting with the Afghan leader since becoming U.S. defense secretary on February 27.

Hagel appeared at pains to be respectful of Karzai and avoid sharp criticism, but he told reporters that any collusion between the U.S. and the Taliban "wouldn't make a lot of sense."

The U.S. and NATO commander in Afghanistan, General Joseph Dunford, was more categorical.

"We have fought too hard over the past 12 years, we have shed too much blood over the past 12 years, we have done too much to help the Afghan security forces grow over the last 12 years to ever think that violence or instability would be to our advantage," Dunford told reporters travelling with Hagel.

Read more here: http://www.reuters.com/article/2013/03/10/us-afghanistan-usa-talks-idUSBRE92902B20130310

Lay the kid on the slab and give him lashes of blala or koboko , the ghost will return to his grave



Frawzey

For those who wanna know how to use shapes on MT4 for ur harmonic patterns, here is a video on it:


https://www.youtube.com/watch?v=6Rqo-MBoPUg




Frawzey

On the weekly TF for EURUSD on 22 nov 2011, a bearish bat was formed and it would be used as an example.


I spotted the X,A,B,C,D.

1)The placed the fib from X down to A. U'd notice B was held around 61.8 and D at 88.6 in the first diagram

2) Placed the fib from A up to B. Notice that C was also around 50, although it was near 61.8.....but its still 50 in the second diagram

3)Placed the fib from B down to C, u'd notice that D wasnt up to 161.8. It shows the up move is already tired

One would just have to confirm with a bearish candle and sell at the 88.6 of XA which was 147713.

4) The final bearish bat diagram after the conditions have been met.



We'll talk about others some other time.



Frawzey

Straight up on Harmonic patterns.

We have the different patterns namely

1)Bat 2)Crab 3)Butterfly and Gartley pattern

Each has a unique pattern and also a different pre-requisite that must be met before we execute a trade.
Note: Each of them has both a bearish and bearish pattern and they are mostly used to identify a trend reversal

BAT

We'd use the bearish bat as an example today. It must meet the following

1) Fib retracement from X to A must be either 38.2 or 50% for B and 88.6 for D
2) Fib retracement from A to B must be within 38.2 to 88.6% for C
3) Fib from B to C must be within 161.8 to 261.8 for D (this one isnt really necessary)

Like the diagram below.


Frawzey

Sold Kiwi ^ @ 08252 SL 08278 (26pips)


Frawzey

rozayx5: Your EJ buy is the right trade






same here, if your analysis is against bbstop and Gann on My side, then we are seeing different things

Bbstop keeping GBPUSD down

Good morning,

Infact it was a triggered trade I had set for a long time.... even forget I had a pending order. Suddenly saw it but I already closed it yesterday....Always scared of the darn EURJPY. Also came to my PC now to see a triggered GBPUSD sell, thats been pending for a long time.

Meanwhile Kiwi is ripe for a sell.

Zig-zag says a head and shoulder has been formed and its broken the neckline

Chart below.


Frawzey

Afam4eva: WE have to suffer in order to enjoy later. If they can't cope they should go back to the village.

These ACN govs are doing something fishy. Let's see if Aregbesola would follow suit. Then I would know the village an Ipetu man or Obokun man wants to go.




Frawzey

ayox2003: You guys should keep an eye on AUDCAD 4HR TF

Selling at 1565 or if it goes higher.

Wanna make some few pips today cos I might miss-out on the NFP.



Frawzey

Alright. Scalping today wasnt bad ooo Closed all trades but Shorted now AUDCAD at 1574 SL at 1600 (just 26pips ) till tomorrow

Catch ya!



Frawzey

naijababe: Told you it's an aggressive trade. If it worksi will be dancing alanta

I'm gonna speed out of the market soon cos if u check the 30mins TF u'd notice U bears wanna turn new tenant

So I'mma leave it for u guys if una don finally enter



Frawzey

meshpips: A short on USDCAD should mean long crude. I suggest you re-analyse the crude trade.

Yea I know.

Thats why I had to make a pending at 9095. Then I would close Loonie


Frawzey

naijababe: Sold EJ, sl at 124.65, it's sitting at 88.6% fib level of last week's move. It's an aggressive position though.

Ah! Please dont change the tide now.... We go fight ooo

Already holding a long position.



Frawzey

You guys should keep an eye on AUDCAD 4HR TF

Selling at 1565 or if it goes higher.

Wanna make some few pips today cos I might miss-out on the NFP.



Frawzey

naijababe: Just sold crude oil with 40 pip sl at 91.44, tp 89.56

Nice call!

I'mma put a pending at 9095 ((not sure if 9100 would become support)) selling for 70pips

Plus USDCAD is the exact opposite of Oil, like Gold and Dollars......running both.



Frawzey

Here is the question: what are you doing today as a seed to bring Nigeria to this level by 2213?

Enough of the vision 20-this and 20-that when people are not even ready to take their destiny in their hands

If you dont touch the lives of that poor child in your environment or leave a legacy of hardwork and character for your kids and demand accountability from your leaders, dont expect Nigeria to develop out of the blues. Sow a seed.


Frawzey

Aussie is surging without reason. AUDNZD's resistance would be at 12420

Its reaction at this price would determine whether to buy or sell.



Frawzey

rozayx5: Congrats to those who exercised patience on their EJ buy

Lol

I had to close it cos I didnt remember Draghi was gonna talk. EURJPY flies like blackjet. Couldnt have taken the risk. More cool with USDCAD for now.



Frawzey

Double top on USDCAD 4H TF, sold at 10305


Frawzey

Oooops Draghi is talking!!!!!!

Closed the trade


Frawzey

Bought EURJPY at 12364



Frawzey

Got some PMs about Harmonic patterns and analysis. I'm sorry if this is coming late cos I rarely check my NL mail. I'll explain ALL of them on this thread for all to learn - from the scratch. Let's see if the weekend is gonnna be free.




Frawzey

chingyjant: [b]My friend shelve those words of yours.How much do you know about Venezuela.Apart from cheap petrol what else?I stand to contest your points.Venezuela can and hear me clearly can never be compared to Nigeria.Nigeria is like paradise compared to Venezuela.Please make use of wikipedia and compare both countries.That people are suffering in Nigeria does not make the place to sound like one hell of a place.A visit to Caracas speaks volume.The slum in that country can't be compared to Nigerian slums.Even their capital is a whole bullshit of a place.Mind you Nigeria is bigger and more populated while a country rich as Venezuela and with lesser population lacks the management of state funds.In terms of electricity Naija is far better,Road far better,infact there is no basis for comparison mind you the country in question is rich.A country that has a dam called the Guri Dam, one of the largest in the world and depends on hydro power and still yet can't provide power supply for his citizens for 10 hours per day even in the capital caracas.The country with the largest oil reserve in the world still yet the people are living in penury.While Nigeria is the 35th most corrupt nation in the world Venezuela is the 16th most corrupt nation in the world.That is not to say he does not have his good side atleast they gat the cheapest price of petrol in the world because it is highly subsidized by the Government and he gives them food stamps because of hunger and poverty in which his own Government plunged the people into.Mind you he was a Dictator who used poverty as a weapon to have a grip on the masses.A country that there is no freedom of Press?Sometimes Nigerians do look down on Nigeria too much.Not all countries that their populace have light skin are doing well get that stuck in your head.Like i said before make use of wikipedia and you will know better.I rest my case[/b]

You made sensible points. One thing is sure, whetever we do in life echoes till eternity.

Do you know the most corrupt country in the world? North Korea. Imagine. These lists are made by the West to disapprove governments that are anti-west.

See, if all what capitalist democracy gives us is the chance to vote then we're doomed. Infact, democracy should be democratized again!

Cos here in naija where democracy exists, apart from the ability to vote, nigerians enjoy nothing from the government.

If some nation decides they don't wanna adopt western democracy, why should such nations be termed bad by CNN and western media. Why? For real, Aljazeera is still the best rightnow cos there's always two-sides to a story in their journalism. Chavez was loved by his people. Pure and simple. He brought down poverty from 70% to 20%. Just forget all these CNN baseless data or internet researches.

If our leaders could place their national interest above western/personal interest, Nigerians would live like Kings.



Frawzey