₦airaland Forum

^^^absolutely brother, you can join us. I have replied your mail.

^^^ Absolutely no problem brother. The larger, the better the interaction. Hook me up on my email addy - I gave it out in one of my posts on this page.

^^^ thanx man.

Meshpips, Jak and Blackgucci, thanks for the kind words. I bet it's best we wait till we are half way into the mentorship.

I have never done a thing like this before (teaching for free) but you guys are making feel much more better about doing this. Being a savior to my fellow man and friends gives me a feeling of completeness.

Thanx guys.

beejaay:
thats the spirit bors.mentorship should be free. the guy in question already know the basic which is all that he needs to start.other is just psychological shaping. thank you for what you about to do.@russy grab the opportunity and make wise use of it

You are welcome man.

Additionally, Russy, if you are gonna be jumping into my train and learning from me, you would have to be a very patient trader as my methods ideally gives about 4-6 trades a month on average. This is so as I trade mainly off the daily chart. The usual monthly ROI is between 30 to 48%. Unbelievable I guess, you'd get to understand better when/if we sttart. Yes, less is more in forex!

You can possibly double or triple your trading account in weeks or in a month (a ton of guys on this thread would be doing that), but that is quite risky and am risk averse. My method gives a stress-free and yet moderately profitable way to trade, but it does not give promises of turrning you into an overnight milllionaire.

Trading the higher time frames (daily and weekly charts) gives a lot of clarity and would increase your trading accuracy - which is good for the psyche of a new learner. uld be doing that), but that is quite risky and am risk averse. My method gives a stress-free and yet moderately profitable way to trade, but it does not give promises of turning you into an overnight millionaire.

Trading the higher time frames (daily and weekly charts) gives a lot of clarity and would increase your trading accuracy - which is good for the psyche of a new trader.

By God's grace, I would love to make a success story out of someone on this thread (and for free). It all rests on God. Have a nice time.

You can contact me at (get 2 blog icon at g mail dot com)

russy:
@stagger, the stone u are rejecting is going to be a cornerstone of this thread soon, mark my word. i dont need 9-5 job, i will succeed and learn but not through you.

Russy, just as someone else stated earlier, I like your courage and determination. I was treated very much like you are now when I first started out; you won't believe that even my closest friend back in school who I helped write his whole semester exams (free of charge) when he was incapacitated asked me to pay $1k before he'd teach me!

I was told all manner of things; I would never make it in forex if I was self-thought, but I took d challenge and kept moving, fast forward to the present day, I am doing fine. I won't claim to be a multi-millionaire trader, but I'd say that I'm able to consistently turn in profits every month - and that is the dream of any trader.

You wouldn't blame any trader here for charging you large sums to train you because forex could be draining and they would want to get paid if they would have to put you into their schedule.

With that said, owing to the road I've followed to my present day, and once gone thru what you are now, I'm willing to teach you - and for absolutely free too! Yes you heard that right; for free! There is absolutely no strings attached to it. I'd take the pain to put you through all I've learnt over the years. It would be a pleasure if I see a successful trader in you tomorrow. If along the line you feel you wanna give me just anything at all for my time and effort you can - but you are not obliged to do so. It's all free will!

Now some peeps would doubt the effectiveness of what am gonna teach cos of the 'free' clause here, but if you doubt my methods you can go through the thread and check with my calls.

/quote]
Russy, just as someone else stated earlier, I like your courage and determination. I was treated very much like you are now when I first started out; you won't believe that even my closest friend back in school who I helped write his whole semester exams (free of charge) when he was incapacitated asked me to pay $1k before he'd teach me!

I was told all manner of things; I would never make it in forex if I was self-thought, but I took d challenge and kept moving, fast forward to the present day, I am doing fine. I won't claim to be a multi-millionaire trader, but I'd say that I'm able to consistently turn in profits every month - and that is the dream of any trader.

You wouldn't blame any trader here for charging you large sums to train you because forex could be draining and they would want to get paid if they would have to put you into their schedule.

With that said, owing to the road I've followed to my present day, and once gone thru what you are now, I'm willing to teach you - and for absolutely free too! Yes you heard that right; for free! There is absolutely no strings attached to it. I'd take the pain to put you through all I've learnt over the years. It would be a pleasure if I see a successful trader in you tomorrow. If along the line you feel you wanna give me just anything at all for my time and effort you can - but you are not obliged to do so. It's all free will!

Now some peeps would doubt the effectiveness of what am gonna teach cos of the 'free' clause here, but if you doubt my methods you can go through the thread and check with my calls.

Here is a trade entry I took on GU yesterday after New York Close. It's based on the bullish hammer rejection of the daily support line. Follow me @ ur own peril.

I just entered a buy (limit pending order) on the EU pair based on a PA signal off the daily charts. Should this trade work out, it would be yielding approx 4 times my risked amount. I.e 1:4 R:R. I have attached the chart below for clarifications. Lemme give a little rundown,

Obviously the pair has been in a strong uptrend on almost all Time frames. Typical of every market, the pair took a little retrace dip but found the support at the 61.8% fib level + daily horizontal support/event area line. It has formed that huge hammer bar at the said point; which signifies rejection of lower prices.

My exact entry parameters are

buy @ 1.4314
SL @ 1.4249 (60 pips approx.)
TP @ 1.4530 (216 pips)

Enter with me absolutely @ ur own risk, but as you can see i have the order already entered on my live account.

Moreover, I gave 2 trade calls last Sunday, but the Bot seriously kicked my ass. It was a Sell on both GJ and Eur/Chf. The GJ has moved about 85 pips in my favour and I have moved my SL to BE. The Eur-Chf went down as indicated, but I couldn't get filled @ my choice entry point due to the open gap. However I entered on a 4 hour chart and my TP of 200pips was hit 2day.

Good night to y'all. Pipful dreamz,

odiaero:
Are we there yet? Getting ready to buy, abeg GJ come down make i catch you

You strike me as more of a contrarian trader; doing the direct opposite of majority of fx traders. Being, the scalper that you are, and dis method fills ur account wit pips, then i'd say it suits u well and is cool. Keep it going man.

stagger:
The mark of a trader who will last long.

GBAM!!

Me is long GU @ 1.61219 (buy limit order) with a stop loss of 56 pips and looking up to 1.62571 for 135 pips TP. The entry is based on the bullish rejection candle (hammer or so) of the 38.2% fib level and also false break of 1.6075 daily support level all on the daily chart of GU. Also on the 4 hrs chart, a major downtrend resistance line has been broken. Goodnight y'all.

Attached below is the 1 hour chart of the GU at market close as a follow up to the daily chart I earlier posted above.

Looking at the chart you would see a good down trend line and good reactions at the plotted level. On the last touch of the line, we had an inverted hammer. The pair is also forming lower highs; what does that tell you?

Watch out for the break of the 1.6090 ;evel next week; it could lead to serious gains.

Have a great weekend.

Pictures, they say, speaks a thousand words. Wouldn't say much, just look @ d chart below. Have a great weekend.

odiaero:
Buying EJ now

I would rather favour a sell on that one cos of the nature of close of yesterday's daily candle; it showed bearish rejection of a daily swing point. If I were you, I'd keep away from that pair for now. EU is a better pair to trade now. It's not yet too late to enter a sell (as per my analysis of last night). Just my 2 cents. Goodluck though.

As a follow up to my promise, here is my analysis which led to my short call on the Eur-Usd pair.

This set-up formed off the daily chart and was spotted with pure Price Action (as always) and has many factors supporting it; this gives me full confidence to enter the trade with no hesitation what so ever.

Looking at my chart below you would see a pretty strong up trend line that the market had been respecting. You would see that on all test of the up trend support line, the market wasn't able to close below it until it finally broke down. The bearish pinbar (inverted hammer) that we had as our andle for yesterday's trading session showed a clear retest and rejection of the broke up trend line.

Also to buttress this position is the 50% fibonacci level which yesterday's candle made a false break above and drastic fall aftterwards to show rejection of the level. Also at the tip of the pinbar candle is my dynamic 21 EMA daily resistance level (which I didn't picture in the chart); the market showed clear rejection of this resistance too.

All the above stated factors gave me full confidence to take a short position at the close of the daily candle. Our profit target of about 230 pips is also very logically achieveable which leaves us with a nice 1:2 R:R which is perfect.

This is actually my second (and perhaps the last) position I'm taking for this trading week. Posted my first position (on Eur-Gbp) but the spambot blocked me. Do have a prosperous time with the markets for the remaining time. Safe trading.

Blog Icon.

^^^^^ lol. I can't stop laffing , Not yet ooo by brother. Was only at mumsi's bar to keep her some company. By the way, you no dey sleep?

Another trade position worth taking is a sell on Eur-Aud. The parameters are

sell @ present price i.e. 1.3193
wit 70 pips SL @ 1.3262
and with a 240 pips TP @ 1.2950

This is a trade with a lucrative R:R of a little above 1:3. However, I would be taking this trade with a lower lot size than usual because I don't have a four factor confluence supporting this position as I usually do; there are only 3. With that said, the trade looks very promising and has a very impressive R:R and I would be entering it but with a lower risk.

Goodluck if you would be taking this with me.

Sell Eur-Usd at 1.4176 with a 110 SL @ 1.4284 and a 220 pips TP @ 1.3952. This is a nice trade with a R:R of 1:2. Would give the full analysis as usual in less than 2 hours; when I'm in a more relaxed environment.

aguiyi:
yep - localjuju@gmail.com

Brother I fear ur email addy die!!!

Nice one @ y'all. The greatest achievement in life, they say, is your ability to do what some people think you can't do. With that said, lemme drop my view on Usd/Jpy for you guys' perusal. Have a nice Sunday.

I'm comming to you guys this evening with a high probability trade setup on the Usd/Jpy forex pair. As some of you might know, I normally trade pure Price Action i.e a chart clean of indicators - using only horizontal levels, trendlines and candle sticks. While going through my price action analysis this evening, I noticed this good setup and thought I'd share it with you guys.

This is a very nice set-up with a profit potential of a 1:4 Risk:Reward ratio. However, be sure to apply good money management if you are going to be taking this trade with me and the rest of my team. Here it goes,

As has been evident on the daily charts, the Usd/Jpy pair has been in a bit of an uptrend lately. Tuning into the 4hrs chart, you would see that strongly respected uptrend line (as highlighted in the attached chart below) that the market has exhibited great response to on all 4 attempts at testing it - it tells us that we are in a safe uptrend.

On the most recent test of the 4hr trend line (i.e @ the close of last week's market) a very well defined bullish rejection pinbar formed off the level - which signifies rejection of lower prices. That is our buy signal.

The way that the my team and I would be trading this setup at market open this evening is to enter a long position @ the 80.60 level (i.e pending the abscence of a large gap @ open). Our Stop Loss order would be safely hidden under the uptrend line (as well as the horizontal level) at 80.47, while we would be looking up to a Take profit of 52 pips @ 81.13 level. See the attached chart for clarification and more details.

Just as I said before, be sure to apply proper money management if you would be taking this trade. Just as always, you agree to take this trade absolutely at your own risk; I would not be held responsible for any losses incurred (if any). However, for the records, I would be taking this trade on my live account as well as that of my investor.

Safe trading and have a nice trading week ahead.

Do$h Capitals.

aguiyi:
buy stop placed at 4304

My chairman, how far? I can see that trading is good to you. Just a pointer; be extremely careful with picking tops and bottoms in trends. You seem to be trading on impulse right now - step back from the market a bit and you would realize that. This is the fastest way to plant already reaped pips. Allow the market some space to breathe after a major move. Only then can you make optimum trading decisions.

I hope you don't see this as an 'insult', but rather a constructive criticism from someone concerned. Happy pipping and safe trading broda.

^^^ You are most welcome - helping upcoming traders is a hobby. Keep working at it man, you would surely get there. If you need any help with your trading, just holla @ me, I'm always around but quite invincible . Only like jumping in to make a comment when it is very necessary - like in your case. Safe trading.

namdo:
Good morning guys and happy trading. i am long on GBPJPY from 129.98 targeting 131.00  (SL 129.50) from daily chart: it's moving fast.

My chairman, good morning. Was just watching this thread from the sidelines and saw your above long call on the Gbp-Jpy pair. I thought I'd just log in and throw in my own trading thoughts.

I am happy you based your call off the daily charts which is professional (i.e using the daily chart). However, I'd quickly add that you can't be making any concrete call now as the daily candle is barely 12 hours into it's formation; you can only make a good decision at it's close. I'd also like to add that there is a pretty strong (resistance) horizontal level at the 130.30 level (just at about your buy level) combined with the 21 day dynamic EMA and the down trend-line (which you obviously drew on your chart above). You can see that there are 3 solid resistance levels to be conquered before a buy call becomes valid.

What you are seeing as a buy signal at the moment is just momentarily, and in my opinion is probably just the beginning of the daily candle forming a very strong sell signal (a bearish hammer; what i call the pinbar) off the fore-mentioned resistances. If I were you, I would want to exit the buy position and wait till the close of the current daily candle for a clearer decision.

Happy trading man. You are on your way to something big with your present trading system; if you would tweak it a bit and remove some of the indicators.

This is just my opinion, and I could be wrong; of which the odds is very very minimal in this case.

surveycash:
Just longed on EU & EG @ 1.4204 and 0.88955 respectively, Where should I place my limits?

Hi brova, just wanted saying that your point of exit in the market is as much as important as your entry. If you can decide a good exit, then the set-up is not worth taking - put it in your trading plan. I'm not on my system now, would have checked my chart and given a recommendation. Safe trading brov!

bidemi123:
Trade direction for:

USDCAD; downtrend. . . ultimate TP, 9550. semi-long term

CHFJPY; downtrend. . . . ultimate TP, 9375. short-term

NZDUSD; downtrend, . . ultimate TP 7972. short-term. Long-term. . . . 7644

AUDUSD; downtrend. . . . ultimate TP 10379. short-term. Long-term. . . .10202

EURJPY; downtrend. . . . ultimate TP 11097 (bear in mind a possibility of a massive retracement)

EURUSD; downtrend. . . .ultimate TP 9478. . .very, very, very long term (it will take a couple of years)

Ps. . . bear in mind price will flip flop to fundamentals and retracements.

Trade responsibly. . . .happy pipping

Nice one man, but you might want to cerefull with the NZD/USD sell cos from the daik charts it shows a clear rejection of a significant level. Just my 2 cents. Have a nice day.