₦airaland Forum

LWKMD, Why are boiz quiet? No trade today. Owkay i'll take the lead


are we there yet.

@odia , sorry i be don forget.lol

Odia why are you buyin ej? And how long are holding it? Am asking cos have been short it since thursday.
It failed to break 113.48 on friday. And you can observe price rejection of that level on h4 chart.

Ej echf, Nice short. See level rejection on the dailies

@odiaero . Unless you have half a trillion in equity.lol

@honeric . I Trade few times a week.

@stagger i will continue with these positions till tmrw and decide if i'll hold em or not.

Sell order on ej and echf jst kicked, wats the medium term outlook on these pairs? My Uc position of yesterday's nite is still falling, thnks to Eu rise, Ej rose close to last weeks breakout of 113.48 , while Echf also rose to 1.1789 also close to last weeks breakout of 1.1804 breakout of last week. Any contradictory analysis of these positions??

@ odia thnks mate

Been short usdchf since today's open, does anyone have a contrary view to a further bearish potential on this pair?

@ aguiyi me thinks 1.0780 might be more approriate for AU. There is a strong resistance around that area.

@ aguiyi

avoiding EU like a plague, Got burnt last week.

@ bidemi,
you are obviously a kid incapable of a rational discussion. Well thank God for the internet where less than halves like yourself can anonymously compensate for thier failures by claiming an all knowing ability to predict price destinations. the balls of a man is not determined by the words typed over the internet,you worthless scum.

@Bidemi
so it was you? Well dnt think for a minute am scared of quoting you. Am posting frm my mobile, was avoiding the stress of digging out your post, and wasnt sure who made that analysis on nzdusd. I just need you to explain how a pair making new highs and higher lows on the long term charts confirms its downtrend, i knw ure the longterm master. Waiting,

Someone once said nzdusd has confirmed its downtrend on this thread. How?

Indicatos work because people use em, pure price action charting work because other traders use em, whilst a lonterm trader perceives a 100 pip setback as minor market noise, a shorterm traders day might just be made, the market is a summation of traders responding to different factors at giving times, No body knows the market better than anyone else, we can only enjoy the pips we earn and move pass losses. Money management is the only absolute factor every trader should agree on, fx is a game of probabilities there are no certainties. People trade overbought conditions with osccilators, people trade head and shoulders and other chart formations, people respond to news, people trade levels, some trade breakouts, some range conditions, master what suits your psychology, no two traders are wired thesame, the show must go on, may the market fill our pockets with pipse respond to news, people trade levels, some trade breakouts, some range conditions, master what suits your psychology, no two traders are wired thesame, the show must go on, may the market fill our pockets with pips

@ bidemi thnks man.

*Been thinking* why dont we change thread topic to
' who's the better trader'

meanwhile bidemi; what timeframe do you trade mostly and how many pairs do you trade?? I trade longterm mostly, wanna confrim if there are similarities to your trading style, respect!!!

Its beautiful when you trade your plan, money management is twice as important as your trading method, When you can afford to loose mildly 60 percent of your trades and win very well 40 percent of the time , you have become a trader, cut your losses, let your profit ride, its hard for anyone to announce a loosing streak, You cant control the maket, you can only swim in the direction of its tide. Have a fun weekend. And while you sit over a table toast to a pipfull week ahead.

^^
ure kidding right?

Going long chfjpy, short eurchf, for 150PIps each.

They rise to a great fall!

Eu Eu Eu,

No doubt, which ever way Eu is warming up for a big move,

If yesterdays high doesnt break at the end of today then u can have your short.

@jazes no harm intended , just defending my long interest in Eu.lol

Eu might not fall as expected.

naijababe:
About to be slaughtered, right?  

free suya tonight

odiaero:
U are so silly if u refer to people in this thread as cows cos your question was not answer

dude where is your wit?

[size=15pt]cows[/size]

here we go, bulls or bears?

Why cnt i see anything bullish abt eu in my chart, have held a short position since market open, and nuthin is pointing at an exit for me, what am i missing?

Eu upside move will be confirmed bybreak of 1.4320 on 4h chart or break of trenline on same chart, until then i favour the bears

Things are unlikely to get better in greece i see Eu fall.

Brilliant analysis y'all,
am selling nzdusd @ 0.8091

buy EU now, target 200 pips.