Buying opportunity

Selling opportunity

Once it didn't close back above d trend line at d current 4tf

boom99:
Selling USDCAD

My observation!
The sell will not b advisable if it doesn't close below d opening price at 1.2812.
I'm buying if it does close above d trend line.

Mrbillionaire:
Double top, break of TL, and support turning resistance

If only u can work on ur drawings on charts.
Ur trend line and supposed double top r not good enough.

infofirst:


I doubt there is any Gold trader that have not suffer from Gold hand o. But if you understand it and practice proper position sizing, its quick way to boom account.

Gold should expect a massive fall once daily can close below 1822

Eurusd still has what it takes to go down because dollar index is still going to 92.

samogo1:


You're right. Drawing lines on phone charts can miss out on some important swings.

Drawings on computer and on phone are absolutely d same without any shortcomings in any.

There's a bearish divergence printed on eurusd weekly chart.
Bullish divergence on usdchf.
Tonight news might b d driving force.

If only d channel will b respected.

mohd001:
please I want to know why many people usually open multiple of positions per one currency pair when trading. is there anything I'm missing out?

Having 10 open positions each @ 0.01 lot size IS PERFECTLY d same thing as having ONLY ONE position @ 0.1

No minus/ No plus.

boom99:
Todays trade

If only u will take positives out of this....
UsdCad and UsdChf u both sold won't give u 5pips on each position because d trends r both up.
This won't help u if u r trading a live account because u won't ve d ability to trade with those big lot sizes.
Master d chart very well b4 u open position.

Fmusty:


Ungrateful mofo, you collected free 126k, and you are still defending your low life claiming it's a competition, like seriously...... That 126k will pay a minimum wage work for 120 days (4 months) with hard labour...... A level 12 officer in federal ministry earns less than 100k monthly.

The money go hook you for throat last last.

I don't even know what to say to his frivolous act of defence.
I don't want to use negative words but doesn't he deserve such?
A whole 126k from a person u don't know, not a family member, yet he gave such out and u called it a COMPETITION.
Perhaps he wasn't here when Blackeurope promised d same reward but ran away when it was time to pay.
BENQOZENERO should pls return d money in peace if he wants his voice to b heard.

boom99:




Bros abeg use vex transfer the money give me

Perfect reply to a baseless defence.

Mrbillionaire:
Spring or shrink

This has already formed a bullish pin bar on yesterday's close at 1.2075 on a channel support and 50 EMA.
Long all d way.

House of representative will vote to impeach Donald Trump TOMORROW if VP Pence fails to remove him based on his incitive comments which led to the invasion of Capitol.
I believe this will in some extent ve a negative impact on USD.
Let's wait a c.
Trade USD pairs wisely this week.

Sunnycliff:
Between a space of less than 20 hrs, an additional 1000 pips have been added to the Ethereum trade I placed. This 2021, Don de already stew for me ọ.

And the bulls aren't giving up, anytime soon.

The rules r still d same,
Don't post any positive trades already going ur way if u ve not given d signal initially.
I hope this has been dealt with late last year.
No hard tackle pls, just d rules we r compelled to obey.

ogashman:


I wonder where u got this from.....EU gapped up on MKT open

Got it from investing.com
Their charts misbehaved then.
U can as well check it out.

djwalata:



Eur sold off in all its pairs.
EurUsd closed on Thursday at 1.2215
Opened on Friday at 1.2136
Friday's high at 1.2227
Low at 1.2025
Closed at 1.2134

Shevychen2:

According to XE.com, current gap is barely 20 pips.

I said Friday's closed was at 1.2134
Remember I didn't say current market price.
Next week open price will reveal things.

djwalata:
If u have EUR long open position over d weekend, I pity ur SL because d gap no b small at all. Eur is selling no b small.
Notwithstanding, blue pips will surely fall on us.

JAkpayen:


aaaah! The gap is currently about 20 pips down from market close for eur/usd Click HERE

ogashman:


How did u know this bro?

Eur sold off in all its pairs.
EurUsd closed on Thursday at 1.2215
Opened on Friday at 1.2136
Friday's high at 1.2227
Low at 1.2025
Closed at 1.2134

If u have EUR long open position over d weekend, I pity ur SL because d gap no b small at all. Eur is selling no b small.
Notwithstanding, blue pips will surely fall on us.

Thanks to EKESOFT for creating this new year FTA.
Happy new year to us all.
I wish us a fruitful year in Jesus name.

Many newbies will either hit jackpot or got bankrupted today.

jsheng:

If you took this call, you should have made cool money by now.

FYI, GOLD and SILVER moves in the same direction, so if we buy gold you can buy silver also

Perfectly said.
I highlighted this as well last week but one has to b mindful of d lot size one will use for silver because of its value( in case it goes against u).

djwalata:
Time to go long

We r also improving at where to hide SL.
HAPPY PIPS to us all.

Observation on correlated pairs.
I observe silver is hardly seen on this group.
As we know that silver and gold move in d same direction, once gold's direction is detected, silver should b traded as well even though it has almost 3-5 values than gold.

djwalata:
Gold is how many pips up now?
Currently @1862
1900 is d destination.

donchyky:

Bro your chart seems confusing to a newbie like me. Which strategy is this. You mixing them up with bollinger? Does the bollinger act as dynamic support and resistance? Any other info you may like to share to help newbies like us. Thanks

Perhaps u took my call on trade and u were afraid immediately it started retracing, d fact is that forex movement doesn't move like a bullet, it does move in a zigzag manner, how I wish u can ve a mentor who will physically explain how to trade (like u said dt u r still new in this) and most especially where to hide SL in case of a retracement.
1900 is d destination.

Little retracement on USD pairs was due to pple taking profit due to d upcoming 8pm news.
The next true direction of USD will b made clear after d news.

giddy2019:

good evening
please am new in forex
still on demo
please I am hooked at understanding and giving meaning to different candlesticks pattern
please any recommended PDF, site or app that can help me
help guys

Honestly, I've no recommended pdf, all I used was "babypips.com".
After this, open ur charts and start practicalizing what u ve learnt taking note on d formation of each candle pattern.
U can follow @justinbennettFX on twitter,(dailypriceaction.com), he teaches very well.
Anyone who has any recommended PDF can help him out pls.

donchyky:

Bro your chart seems confusing to a newbie like me. Which strategy is this. You mixing them up with bollinger? Does the bollinger act as dynamic support and resistance? Any other info you may like to share to help newbies like us. Thanks

No one is perfect in forex market yet but experience still differs.
Many newbies which I was once taught forex can b taught and learnt here on nairaland, which cannot to b frank but one can only improve on ones knowledge so far he/she has d prerequisite basics beforehand.
Bollinger shows u over extension in d movement of a price.
They call it "a mean deviation in price, thereby shows u that a retracement is imminent before a continuation in d normal trend.
I hope I answered u.

Pple r even scared to make a comment.
Y d sudden silence?
I bliv all is well, happy pips to us all.

Gold is how many pips up now?
Currently @1862
1900 is d destination.