₦airaland Forum

erniok: it has hit a strong support zone and could not break thereby forming a bullish divergence on daily, 4hr and 1hr and i think this is enough reason for me to go long.

You could be right sha.

erniok: my call for next week: i noticed bollinger band gave a bullish call on usdcad, the call i now over ripe both on 1hr, 4hr and daily time frame and this means cad, aud, nzd will likely weaken next week from my perception. this is by the way. buy usdcad when the market opens and set tp: 1.000 sl:0.9790. hopefully, before next week runs out, we'll be there.

I would be careful with the USDCAD buy. The swing pattern is indeed screaming for a buy, and i initialy even entered a buy at one time but it broke major swing support at 9823 which took out my stop loss. I then opened a new sell position for an initial tp of 9714. But anything can happen.

Buy USDCAD with a tp of 12045 with a SL of 9810. At buyers discression and risk.

natruetalk: Long EUR/CAD @ 1.2901 sl @1.2860 tp 1.2960

I'd let it ride to 13180

this is the trendline break we are trading for the aawwooofff. if tp is met be patient for a drawback and enter again for a tp of 12822. fingers crossed.

Awwoof 40 pips in the making on EURUSD. enter for a tp of 12858. once it gets there wait for retracement and enter again for a tp of 12822

Toks2008: We are likely to see another intraday bullish rally today on euro as a breach of res 12926/936 may see euro moving higher to test res 12959 so traders should watch out for this.

Prolific intraday traders can also consider buying euro 12891/12876 with sl 12846 and tp at 12959.

Trade with care.

Careful toks, i think EURUSD is on the verge of tumbling like a drunken sailor. Might be wrong though. I really don't have too much affinity towards the pair. how have you been anyways?

Bollinger: exciting times this week. multiple pairs have generated signals to trade for potential profits. Some confirmed their direction a while back, while others just recently, while some are in the process. First, the GBPCHF pair should reach TP this week for a target of 15270 after breaking trendline and completing it's swing pattern, same as EURAUD. It's projected target is 12510, but one should be mindful that the trade is a trade against the major trend. The buy signal was confirmed first before a sell signal, the sell being the major trend. so, with that knowledge, if price does hit target an immediate sell will be opened on the pair for a TP of 12228. Another good one to look out for is the GPYJPY pair. It's direction was confirmed on the 12th of SEP but the swing pattern was not confirmed till the 19 of SEP. my prayer is that the pair retraces to 12760 or thereabouts, upon which a sell will be initiated for a TP of 12398. USDJPY is in the process of starting a nice swing on the 4hr chart, and my money would be that once the swing is completed it would generate a buy for a tp of 81.04. But as i said it is in the process of it. no serious condideration will be given to the pair until 79.25 is broken. If all goes according to plan and it does break 79.25, and reaches 81.04, and key trendlines are broken, we will enter a sell for a tp of 75.85, the sell being the major trend on the daily chart. the projected buy on the pair, is the pair completing it's swing pattern for the major sell on the daily chart. Lastly, CADCHF. That has been a pain in my butt. it's trend was confirmed on the 31st of AUG but the swing was not confirmed until the 21st of SEP with the break of the trendline. TP projection for the 4hr is 98.12.
Key note: all trades are for long term traders. If your pip targets are less than 100 pips then dont consider these trades as you will definitely be stopped out. one must always consider a minimum ratio of 2:1 on any trade. If my target is 200 pips then my stop will be nothing less than a 100 pips. But you can still use it as a guide for the direction of the market.
Below are key trendline breaks.
Goodluck.

Now that EURAUD has met it's target an immediate sell will be opened but to a new target of 12200. we can open it now or wait for the trendline below to be broken. one down two to go. now for cadchf and gbpchf to meet price projection. Initialy i had anticipated GBPCHF's target to be 15270, but due to the huge pullback we will be changing timeframe's from 4hr to daily. the new TP being 15440 to compensate for and meet price projection on the daily.

Keynote again: these signals are for traders with a long term view of the market. If your pip targets are less that 150, please do not trade these calls.

honeric01: na u get myfxbook? why not fxstat?

ok, my fxstat then.

WINNINGWAYZ: Good morning people... was away for some time... had to do other investments, least folks think am a fraudster. explaining how u make money to folks can be painfully cumbersome. Am back now. Well, Have taken profit, and am waiting for reversals. I will alert the house. Roxayz my man... how market?

If i start now them go say this guy don come again. you can't paste stuff like this in this manner, it is misleading to us newbies. The proper way is through myfxbook which is verifiable. That could be a demo account for all we know, or a live account with a history of disastrous losses and one good hit. I am not trying to start a fight, i'm just saying there are proper ways of presenting stuff like this. If you have the balls to post this then you have the balls to do it through myfxbook.
LIKE I SAID, I NO WAN START FIGHT OOOOO.

If and when price hits target on EURAUD as projected, wait for the trendline break below to initiate a sell for a tp of 12228.
Goodluck.

rozayx5: after smelling a false signal Gold finally got a 4hr confirmation some hours back, but daily not yet
i saw it earlier, though was sleeping the 4Hr line has crossed over some candles back , its going down for now,

hmmmm, it's interesting how your indicator changed color at the exact point of trendline break. you might have something there. but you need something to filter signals 'cause i think they might be frequent. Good stuff though.

Perfect time to enter a sell on GOLD. The swing is complete and trendline broken. TP 1727.49

exciting times this week. multiple pairs have generated signals to trade for potential profits. Some confirmed their direction a while back, while others just recently, while some are in the process. First, the GBPCHF pair should reach TP this week for a target of 15270 after breaking trendline and completing it's swing pattern, same as EURAUD. It's projected target is 12510, but one should be mindful that the trade is a trade against the major trend. The buy signal was confirmed first before a sell signal, the sell being the major trend. so, with that knowledge, if price does hit target an immediate sell will be opened on the pair for a TP of 12228. Another good one to look out for is the GPYJPY pair. It's direction was confirmed on the 12th of SEP but the swing pattern was not confirmed till the 19 of SEP. my prayer is that the pair retraces to 12760 or thereabouts, upon which a sell will be initiated for a TP of 12398. USDJPY is in the process of starting a nice swing on the 4hr chart, and my money would be that once the swing is completed it would generate a buy for a tp of 81.04. But as i said it is in the process of it. no serious condideration will be given to the pair until 79.25 is broken. If all goes according to plan and it does break 79.25, and reaches 81.04, and key trendlines are broken, we will enter a sell for a tp of 75.85, the sell being the major trend on the daily chart. the projected buy on the pair, is the pair completing it's swing pattern for the major sell on the daily chart. Lastly, CADCHF. That has been a pain in my butt. it's trend was confirmed on the 31st of AUG but the swing was not confirmed until the 21st of SEP with the break of the trendline. TP projection for the 4hr is 98.12.
Key note: all trades are for long term traders. If your pip targets are less than 100 pips then dont consider these trades as you will definitely be stopped out. one must always consider a minimum ratio of 2:1 on any trade. If my target is 200 pips then my stop will be nothing less than a 100 pips. But you can still use it as a guide for the direction of the market.
Below are key trendline breaks.
Goodluck.

Toks2008: Cool. I am not a fan of small pips profit also but i have learnt that if i can make a steady avergae profit of 10pips a day excluding loses and making a total of 200pips constant profit monthly risking 5/10% of my equity with average stop loss of 70pips for intraday set ups, that will give a mouth watery profits at the end of the month which should be about 30% monthly profit while i still do my swing trading along the way.

That's another thing with forex, the math. If one understands the math your problem is half solved. Heard of a trader once on youtube whose system worked 25% of the time and still made good profit yearly. Even the original turtle apprentices did the same thing. that's where i fail, me and math no dey gree. could not get past F9 with three trys from WAEC to GCE.

@TOKs
Bro's how na? work no let me see road. you are right about the long term trend for EU which is bearish. But, based on my system, EU is starting a retracement before further bearish sentiments can be fufilled. And for the long term post, i cant trade short term. 20 pips profits scare the hell out of me. To me it's like i am not giving price enough room to breath. Plus, like i said before, work no go let me see road. No time to be checking charts everyday. Anyway these are my long term sentiments, tell me what you think?

CADCHF-Long to price 9812. I have held that position for over a month now. Thank God fxsol no dey bill me for swap or commission or i for hear am.
EURAUD-Long to price 12510. Opened that position yesterday. But the general trend is bearish, if price does hit target, i will open a short to 12225.
GBPCHF-Long to price 15270. Opened that position this morning. Bullish sentiments confirmed at price 15225.

Toks2008: 12755 is the long term destination on euro but i advise you exit first at 12830.

then lets see what sunday night holds.

Long term trading is good but its best when you use intraday charts to trade it taking advantage of pullbacks. Leaving positions to run for too long is not advisable when trading manually as random moves will and must surely come in thereby watching profitable pips disappear before your very eyes.

Fortunately i am very skilled in identifying strong supp/res levels and i simply use this as a leverage against random moves. So we may see a strong move down on euro but i will advice that traders exit their sell around supp 12828 and wait for another possible pullback. But if it breaks through then we can continue selling next week.

I disagree bros.

Good opportunity on GBPCHF for a buy to price 15270. Adjust stop loss to your own risk temprament.

came back to find my GBPUSD pip target short of 3 pips before a major retracement. sucks for me. But it looks like the retracement formed sweet patterns for a major move south for a new tp of 15900. If one should enter now with a stop loss of 16034 it would amount to a ratio of almost 3:1. Fingers crossed.

The GBPUSD trade is nearing completion of target 15955. Now we can focus on the CADCHF pair initialy entered yesterday for a tp of 19812 and hunt for more short term 40-50 pip targets. Another sweet setup is forming on the EURAUD pair. It should create a signal for a buy or sell by wednesday morning for a 120 pip target, but if price breaks 12387 before then a no trade is declared.

perfect time to add another lot to the GU sell trade for the same tp of 15955 and same SL

Sell GBPUSD, tp 15955. Stop loss; 16033. Ratio, about 1:1

Buy CADCHF, tp 9812, stop loss 9600
https://www.myfxbook.com/portfolio/bollinger-band/370158

dboy365: -----------strolling through-------------
I think I was right leaving this thread. I better take my leave again before these "I too know!, 10% per month gain, indicators and systems sharing, EA designer, MM guru and Mr. show me live acc proofs inspite of seeing WINNINGWAYS Account growth" confuses me with their CRA.P.
my friends frenchie and all, I hail oh.
-----------strolling out-----------------

its nonsense when ask hard questions. well, myfxbook.com is the answer.

this tin no too hard. prove your insane theories~myfxbook.com

WINNINGWAYZ: Your mind is still to small to accommodate huge success. when 8k, i posted... at 17k, I posted... just to encourage fellow traders. can u drop alerts and post ur account? no need to tell you what I made, cos, it has no bearing with your thinking. if I need less than 70%, I know other biz to do. Just learn and stop hating

And for your information, i am not stupid enough to invest huge capital in anything i am not proficient in. all i need to do if i really wanted to is to withdraw from my 401k or max my credit card. but why would i do that. i'm not stupid. like i said i am learning but i know enough to spot when someone is blowing smoke up my asss. 8k. success. Lol.

WINNINGWAYZ: Your mind is still to small to accommodate huge success. when 8k, i posted... at 17k, I posted... just to encourage fellow traders. can u drop alerts and post ur account? no need to tell you what I made, cos, it has no bearing with your thinking. if I need less than 70%, I know other biz to do. Just learn and stop hating

bro's i dare you to post it again. through myfxbook so we can see the history. if you can. i am not impressed with one month's result. have'nt you heard, "past performance is not an indication of future results" all this back talk without proof. i am still waiting to see one posted here.

Toks2008: we sure need his mercies.

If any one asks me how much he/she should put in a trading account,i ask them how much profit will make them happy daily.

If they say 50usd then i ask them to put 5000usd or more and they shout that 5usd average daily profit is too small for 5k equity. or that they don't have more than 500usd to start. I amply ask them to look for another business.

the truth is hat if you are ok with 50usd daily and you put 500usd, you will still want to make that same 50usd and that is where the problem lies.Trying to make 10% of your account daily is like trying to drive a car over a long distance with little or no fuel in it.

You must learn to trade by the rules, use good mm and get the profits your equity can give you and add more money to your equity as time goes on.

i swear you always warm my heart when you post. Someone posted that i am asking for declaration of assets. No. i dont give a flying fig if you have $300 or 30000 dollars in your account. apart from transparency, if you are truly a credible fx trader i want to see how you manage your account for month's without blowing it so i can learn from it. Nigerian's are naturaly flamboyant people and love to show off what they don't have not to talk of what they have. so, i scratch my head when simply proving how you trade becomes a traumatic issue. what pissssses me off is a lot of people try to lead people like me down a rabbit hole with insane theories and can't back it up. 100% monthly profit indeed, not to talk of any kind of profit. yeah right!! prove it. It is very possible to make a living trading. i have seen people do it. But claiming success and not being able to back it up irks me.

I give up.

honeric01: Why should anyone show you proofs? are you feeding them or did they ask you for money? let people be and stop all these na, haba, this thread is losing it's value every day and with all these ranting, i don't see it changing anytime soon.

myfxbook.com. that is all i have to say. why is it so difficult? are you a guru? e de pinch you? this thin no hard like that na. The reason myfxbook was created was partly for verification and to weed out fakes. na wa oh. And the thread is losing value because people claim to be what they are not.

I am waiting.