₦airaland Forum

currentprice:
i agree with all ur view on oyel. oyel will fall massively. i hav 2 levels watching it currently reacting to one at d moment but not good time to take the trade so am watching move to the levels two to SELL but if the first level prove hard to let d price cross to level 2 i will join the sell by 4 am tomorrow

Take note failure for level 2 to hold will not speak well for d seller o. if failure happen it better to carry kaya run. price could move to 61.50

patient is d key

fingers crossed

Thanks bro, observing as well

@currentprice… Oyel Money Man, what is your Oracle saying

meshpips:
@capitals, note the italicized part.

Yep, we could still go down and I may join the sellers if I get a signal before the 58.81 highs.
Other than that, I will just chill on the sidelines and observe.

infofirst:
Did you try to look at the daily Tf? The close on Friday and the candle. Can the bear overcome such build up from bull today?

Nice one, the buy build up is worthy of note

Capitals:
Crude oil is were I am expected to free up margin for any new trades. Being holding unto sells from Entry -57.10 to SL- 57.38 and price is revisiting my entry {Already took some profits and playing with the houses money at this point}

I am going to let these trades run till SL is hit and interested in selling 57.33 to 57.69 and already have my pending orders in, including 1st TP. If this fails I will be looking out for sell opportunities after we take out the current 5th Sept highs all the way to 58.81 {were I can risk 25-30pts for some profits}, that's the tough part because its obviously futuristic and probability based... If that makes any sense.

Disclaimer: This is just my next play, not financial advice.

My Crude trade lost {That's 28pts * 4 trades loss}
Plan remains the same, Staying on the sidelines looking for sell signals between current levels and 58.81 highs or any other pair that meets my entry requirements.

BullBearMkt:
...you're cool with using market structure to enter your trades, I love it.
There are only delayed data for NSE, no live chart yet. I tried to work on some projects in the past & it will cost over N3.5m/month to get it to Nigeria. From my survey, I will not be able to re-coup this money as people are not ready for a paid subscription... so I abandoned the project

Thanks bro, I was seeing a lot of these NSE charts around and thought they were live charts.
Hopefully, we will get there someday.


Really appreciate the info

[quote author=GladmanGoddey post=82051290][/quote]As long as necessary...

bojbest:
Please if you have found a way concerning NSE.”, please share.

The only one i know of is to subscribe for trading view membership.

Also I love the way you play this game, can you share your price action entries and exits?

Thank you, I appreciate...

On price entries, that's though but here is my next play in the markets...

Personally, even though I am looking out for new opportunities to trade, I will not be taking any new trades till I offset some of my current positions.

Crude oil is were I am expected to free up margin for any new trades. Being holding unto sells from Entry -57.10 to SL- 57.38 and price is revisiting my entry {Already took some profits and playing with the houses money at this point}

I am going to let these trades run till SL is hit and interested in selling 57.33 to 57.69 and already have my pending orders in, including 1st TP. If this fails I will be looking out for sell opportunities after we take out the current 5th Sept highs all the way to 58.81 {were I can risk 25-30pts for some profits}, that's the tough part because its obviously futuristic and probability based... If that makes any sense.


I m not obligated to trade crude if the above level fails, that's is were the new opportunities in other pairs come in and if I have margins locked in any other new pairs then I may not trade crude even if an opportunity presents itself.

Why? because I m not fooled, even though my current trades are doing good at the moment, there is always the probability of a reversal else I wouldn't be planning new trades on crude...

Disclaimer: This is just my next play, not financial advice.

BullBearMkt:
...the truth of the matter is that EUR is weakening while CAD strengthening, for the next couple of weeks (2-3), I expect more downtrend of the pair. Other emerging pairs for short trades are EURAUD, EURNZD

Nice one...

Being holding EURAUD for a while.

How do you guys get live charts of Nigerian Stock exchange? Any pointers will be appreciated, feeling impatient sifting through google search results...

BullBearMkt:
Is Selling EURCAD pair apPealling or aPpalling to you?
EUR is weakening while CAD is strengthening. Combining the 2 currencies, if EURCAD is for a short trade, will that be appealing or appalling to you?

Chart: https://uk.tradingview.com/chart/EURCAD/HuBL73hL-Is-Selling-EURCAD-pair-apPealling-or-aPpalling-to-you/

PLAN YOU TRADES AND TRADE YOUR PLANS

I hope this works as you have indicated.
Already have some sells running, more or else trading with the house's money at this point cos I already took some profits.

Even though I wouldn't just hit the sell button at current levels, definitely looking forward to some price decline.

We'll just have to wait and see I guess...

blackman007:
Please how long does it take to complete babypips, the reading seems to be endless...lol... though I’m enjoying it... someone should respond please

Not sure how long, that should depend on you I guess, anyone who learnt through babypips would be able to advise better on this.
I think you should implement what you have learnt so far on a Demo account...
Practice till you identify your market edge before trading Live, No need to rush else you could blow many accounts.

infofirst:
Respect boss

Chairman.. I greet you

Just passing... well done people...

Capitals:
Any move above 0.9415 and I am off.

SL hit, scout for opportunities continue.

Working this eurgbp demand zone since August, finally hitting TP's to make up for heavy swap deductions and roi.
Hope this NZDCAD supply won't treat me in a similar fashion.

Any move above 0.9415 and I am off.

Well done to y'all keeping this place active, hats off to you

Shevychen2:
he holds for weeks at a time. Myself I only look at the hourly charts when I am bored. All trading decisions (including those attached) are based on daily and weekly.

Lols, I hold for months if I have too.
Too many folks looking for quick money and can.t get eyes of 5min chart (it works for many and good luck to those threading that part)

;Dmy pipsbasket attached
I don t see how one can look at 30 to 40 of your trades on your account and not get an idea what you see before taking those trades.

Its an open secret .
I doubt any profitable trader will tell anyone(unless family) exactly,precept for precept, how he does this, but its all there on the chart.
Good luck peeps

[quote author=Shevychen2 post=60682923][/quote]Nice one!

4months later and GU still looking good. Many tp in the bag, Its nice being at the beginning of a new trend

hegelian:
If you are being paid back, then where is the scam..
You cannot be done cos you brought it out here madam, so chill!!!

Lols, maybe you need to have a few millions tied down for over two months with no guarantee of getting 100% back to understand.

Transaction that is suppose to take a few hrs/day runs into months with instances were the other party defaults on an agreed 500k per week schedule, paying 300k instead.

She is been lenient, she ought to be rooting for the money to be paid back with interest. That's someones business capital tied down, did she advise it will be convenient withholding down such funds for months in light of other day to day/business expenses to be dealt with.
try giving someone 3.4 mil and fold your hands to watch them pay you over the space of 4 months without interest cos you are their parents.

Modaff: Monitor timelines given for compliance as relates payback and escalate to moon if necessary.

orfilla4:
Please stop complaining here because you're derailing this thread.

Lols, its 1.7mil on the line for abt 2mnths.
Are you sure you will have been this patient

currentprice:
am going for mine any moment from now and keep fingers crossed

Fingers are always crossed bro, its just the way it is.
Good luck to us

currentprice:
it is eur.nzd

It a BUY for me

Nice one oga, been on my radar and will gladly deal.

1st tp in the bag already

VeeVeeMyLuv:
Precision!

Thanks. But precision don't pay the bills .

My XAUUSD ended a loss even though it tanked abt 160pts in my favor initially. But I will do it same way again like I m already doing with a few pairs, same pattern, rinse and repeat, different pairs. I m cool as long as my R:R is good

Capitals:
Supply/Demand levels, trigger signals within these supply and demand levels and profit margin.

Buyers seem to be losing steam, too early to celebrate but will gladly take this level of R:R over and again

JLINE:
stopped out

Thanks boss!

JLINE:
s/o

Curious, what is s/o abeg

harizonal123:
Yes you are entirely correct. That rule is made for 5% traders who intend to trade fx for a living .Not for everyone as you stated

I like to look at it as an investment, everyone should be an investor and of course, invest in ways they are comfortable with

Naruto87:
what do u lookout for when u trade?... and as for the gold I see a bullish week at least for the main time...I made my gains on the silver and gold trades but the cad/jpy pair reduced my pips gains...but the day was positive.

Supply/Demand levels, trigger signals within these supply and demand levels and profit margin.

Nice one with your gold trade, but I m more comfortable rolling with the sellers till we breach my supply zone. I like to be at the beginning of a new counter trend if I can .

NB: Stick to what works for you

EZEIGBO1OFIMO:
entries.

Bro, Its just when I get my signals to enter into a trade, there is nothing so special I m doing. All clues are from the chart

And some trades still go off, like my gold sell not looking too good (But I will wait it out)

harizonal123:
Rule No 1 never trade against the trend.

Not entirely true bro, its very risky to trade against the trend (Everything is this business is risky anyway) but one can perfect the act of managing risks that go with trading against the trend.

I like trading against the trend, Just stick with what works for you

Capitals:
OwwK, just when I thought it will stay down for a bit.
Will have to stay alert on this then, so I can get off on time if necessary.

I m still hoping gold will come down, but either ways I m comfortable re-selling at a higher high till we breach my supply zone.

shina88:
Gold a good re-entry to the buy side signal surfaced.

OwwK, just when I thought it will stay down for a bit.
Will have to stay alert on this then, so I can get off on time if necessary.