₦airaland Forum

One pair to consider buying is the GBPCAD. very sweet setup on the daily chart for a TP of 16357 and 16687. for long term traders. Trade at own discression and risk tolerance. Good luck.

honeric01:

BTW, which of these is better for a not so small, not so big account trader?

DD
STP
ECN

No need to frown bro's, i may be wrong (which is freaking rear) and you may be right. Anything can happen.

Everything on point. EURCAD first TP 13790. second TP 14050. Audusd gearing for a nice run to 10640, hopelfuly, 10180 is broken to seal the deal. USDCHF, as said before is gearing for a nice short to 8914 before catapulting to 9498 or there about. Good luck though

most likely USDCHF will tank to 8902 before a bullish run to 9494. Don't take my word for it though. Discression is advised. Good luck.

Get ready for Audusd to start a bullish run for a TP of 10647. for long term traders. if 10148 is broken TP changes to 10978. Good luck

erniok: i cannot really see what he is seeing. i propose buying from 1.3100 for a short term which coincides with my 38.2 fib level.

You may be right. Anything is possible in forex.

Damn it. just came back from biz trip to witness the deep pull back from EURCAD. Signal for buy was generated on 1hr time frame and now it's overlapped to the 4hr because 13382 was broken. This in turn means that calculations of fib expansion changes from 13635 and 13379 on 1hr to 13635 and 13168 on 4hr. So, in effect the TP of 13864 is void. New TP for EURCAD for me is 14060. Damn thing almost took out my stop loss. Good luck though.

Everything going according to plan, EURCAD on it's way up and USDCHF on it's way down. But be mindful that when USDCHF reaches 9033, start looking for opportunities for long to 9196. TP for EURCAD is 13750. Good luck.

ayox2003: @ernoik, just got to the pc. Still monitoring EURCAD but if it doesnt break the previous resistance (the last short red line) then I would close the trade.

So we might wanna re-enter for a short buy.

Frawzey

Unless you are aiming for 50 pips or so, i'd say shorting EURCAD is a bad idea. The present pattern on the pair indicates a bullish trend is about to begin. minimum 250 pips.

Get ready for EURCAD long to 13757, this week on next. Also, when USDCHF hits 9150, start looking for opportunities to short it to 9035. Good luck.

As said yesterday, what is happening on EURCAD and EURUSD is normal. Both pairs are still very bullish, with EC's tp being 13400 and EU, after hitting tp of 13175 or thereabout, will bounce back to 13690. Take heed. Although i say sell, take cognisance of the long term trend.

Raymondenyi: How can I generate Signals

you dont generate signals, price does that for you.

Anyone who doesn't understand 1 to 5 of the above is screwed in this game. Big time.

Good times. An opportunity for a nice trade has presented itself on the EURUSD pair. There is potential weakness on the pair and one can sell at present price for a fib expansion target of 13174 with a SL of 13367. Now, the stop loss also serves as entry point for a TP of 13452. Pity i am extended on other pairs lest i would have taken it. Good luck.

Bollinger: A break of 13190 may take eurcad 15min time frame to 13087. But be mindful that the trend is still very bullish on the daily, and a fib expansion target of 13400 still stands. The fib expansion was generated on the 9th and 22nd of october 2012 respectively. Also usdcad on the daily chart is very bearish because of the break of 9823 and 9835 respectively. So with the use of fib expansions, a target of 9622 is envisioned. At present price, one can sell audusd 15min for a tp of 10458, but a break of 10516, in this case, which is our stop loss, also serves as entry point to fib target of 10542. Lastly, an opportunity for a sell off appears on the gbpchf 5min time frame for a fib target of 14720. A break of 14838 voids this trade. Good luck.

Two down, waiting for the rest to follow. Audusd target met.

Bollinger: A break of 13190 may take eurcad 15min time frame to 13087. But be mindful that the trend is still very bullish on the daily, and a fib expansion target of 13400 still stands. The fib expansion was generated on the 9th and 22nd of october 2012 respectively. Also usdcad on the daily chart is very bearish because of the break of 9823 and 9835 respectively. So with the use of fib expansions, a target of 9622 is envisioned. At present price, one can sell audusd 15min for a tp of 10458, but a break of 10516, in this case, which is our stop loss, also serves as entry point to fib target of 10542. Lastly, an opportunity for a sell off appears on the gbpchf 5min time frame for a fib target of 14720. A break of 14838 voids this trade. Good luck.

As said yesterday, one down, waiting for the rest to come to fruition.

A break of 13190 may take eurcad 15min time frame to 13087. But be mindful that the trend is still very bullish on the daily, and a fib expansion target of 13400 still stands. The fib expansion was generated on the 9th and 22nd of october 2012 respectively. Also usdcad on the daily chart is very bearish because of the break of 9823 and 9835 respectively. So with the use of fib expansions, a target of 9622 is envisioned. At present price, one can sell audusd 15min for a tp of 10458, but a break of 10516, in this case, which is our stop loss, also serves as entry point to fib target of 10542. Lastly, an opportunity for a sell off appears on the gbpchf 5min time frame for a fib target of 14720. A break of 14838 voids this trade. Good luck.

DAvIt0: yur mail pls thNks

check your box.

jtmoneyjt: thank God 4 u man

Na God,oooooooooo

Thank God, i'm starting to mature as a trader. Took some years but it's starting to gel together. My emotional stability is better now. The way i react to a 500 pip loss is the same way i react to a 1000 pip gain, zero emotion, but it's hard. I have a better understanding of where true resistance and support levels are now which helps me to stay in a trend or quit while i'm ahead. I'm getting a better grasp of how to trade without staying glued to my computer all day, which helps since i have a day job. I've learnt that there is a holy grail in forex and that the holy grail is filled with losses but managing my losses is the key to success. I've more losing trades that wins but quitting early and staying with my winners has actualy given me profit. I've not had to re-fund my account since August last year. unbelievable. Once again, thank God.

looks like gc's 15770 is going to hold. new trend here we come. next stop, 16680. And where ever gc goes, gu goes.

GC has gotten to that crucial level where it either breaks 15770, which voids the trade or doesn't break it and starts a new bullish trend.

honeric01: The spambot hates your handle

i swear. i'm tempted to change my ID again for the fourth time. . . .

nolly042: looking forward to short au and gj. Reactions r welcomed. Hapy sunday to u all

I concur with you, but 14420 or 14440 has to hold and if it's a full blown retracement we are talking about a thousand pip drop over time.