₦airaland Forum

surveycash:
Yes, I have a tp @ 1.48180.

Mehn i sold that GU two days ago at 1.5211xx and after over 100pips the stupid FOMC came and stop me out at BE +30pips.i just had to let go.I had my target in the same area at 1.48xx but i will still look at it after NFP.

@Rozay remember what i told you on Fb? There setups everywhere but the fear of NFP is the beginning of wisdom.

surveycash: Keeping this for next week.

Any contrary views?

NFP and today's close will determine that though its in line with the dominant trend..I'm also eyeing longing UJ ahead of NFP all things been equal.

Good luck bro!

naijababe: I often feel like the monthly is a bit too far out for traders using less than 12h or daily tf but I put a lot of stock in the weekly as my preferred tf is the 4h. MT5 does not have crude so I am back to using 4htf.

I only exit a trade when I see a reversal signal at a pivot level i.e. support and resistance areas, however, the downside is that whne the market is not trending I lose a lot of my profit but when it is mahn na serious chopping o!

Mam...your best bet to me is to try detecting when the market has gone into RANGE and avoid it since you ain't good in trading it.That is what i try to do to avoid giving back to the market my profit.

E.g AU on the daily TF was in a rang thoughout last month just until two day ago when a breakout occured.since i mostly trade the daily TF i carefully avoided it throughout and look out for other pairs to trade.Truely when the market trends even a newbie will know where to take profit cos you afford to wait for a reverse signal while trailing closely but its a different ball game when the market RANGES

All positions protected ahead of FOMC...

hmmmmmm..anything can happen

raycolz_84: You are sounding like someone who is intimidated by his winnings, afterall he is not the first person flashing his profits, endfx just did something similar not so long ago

Abeg make the guy enjoy boh, I know say to say na some people wey dey market signals get this kind opprtunity of pips galore, nobody for hear word today

Lol...bros i declare lose too na but like seriously, we should learn to be happy with whoever makes profit in this market..e no easy oooo!!

If the guy wants to tell you his story before he gets to that point of raking the pips you will appreciate God for him.

raycolz_84: You are sounding like someone who is intimidated by his winnings, afterall he is not the first person flashing his profits, endfx just did something similar not so long ago

Abeg make the guy enjoy boh, I know say to say na some people wey dey market signals get this kind opprtunity of pips galore, nobody for hear word today

Lol...bros i declare lose too na

Wow..CAD news took out my stop at -30pips.

Ok over to next trade if any

USDCAD short in the making...the dominant trend is down and take a look at the bounce off the 50EMA with a likely bearish pin bar formation.Also the outside bars to compliment the move..

If it forms as stated above i will place a sell stop 5pips below the low of the pin with SL 10pips above its high TP at 1.0142

Hmmmmmm....less than 30min to action.

EU struggling with 1.3296 resistance area since last week Friday...a 4hr close above 1.3297 will signify a bullish breakout.

Next target will be 1.341xx area

Finger's crossed..

@FXproph i hail ooo..

fxbomovi: its so sweet to let profit run.

And sometimes its good to run with your profit

hmmmmm.One of my last trades for the month taken off the daily TF.

fxbomovi: All timeframes are tradable. Good morning all.

Yes bro! its just an individual thing.

@Pipo my man, how far? i see you oooo

I can't even remember the last time i took a trade off the 1hr TF...the lowest has been 4hrs even at that can't remember my last trade on it.On the daily charts i have taken just 5 trades this month with just one loss and 4 winners.i still met my target which is the END POINT!

I enjoy the peace of mind and less stress it affords.

Nial Fuller's said: http://www.learntotradethemarket.com/forex-articles/why-i-hate-day-trading

http://www.learntotradethemarket.com/forex-trading-strategies/why-trading-the-daily-charts-will-improve-your-trading-results

endfx1: I would have sold EJ at the break of Friday's low but i did not because it was too close to the 50EMA which might reject lower prices at around 129.8xx.So i will patiently wait for today's close to see how price will react there before i take my short.if it breaks the 50EMA i will look to sell ,if it bounce off there i will look to buy.

Cheer's!

And it bounced without a good PA in sight...EJ still looking confused.

rozayx5: get on facebook, wanna show you something

Ok bro

emmykpes: @ op i tried it like this

Ya you got it...but go a step further to open the image on your desktop and edit it before posting.

That means crop out your account number when next you are uploading your chart make hackers no carry you shine.

Cheer's!

erniok: Let's start from how to save chart as pix.my nu doing very good.

Or alternatively just right click anywhere on your chart,scrol down to "save picture as" and click

On the shown menu tick the 1st box with "Active workspace" and untick the "post image online in MQL5 charts...."

Select Ok....Another menu will pop up.On that shown menu,type the name of the file and on the left side choose where you want to store the image.e.g Desktop, then click SAVE.

You will see the image on your desktop.

So before you post on the thread...click on Browse just below the Submit button,select Desktop on the left that's if it does not take you there direct,select the saved picture and click open.It will add instantly before you submit

Also there many screen capture softwares online that can do that..GOOGLE is your friend.

Cheer's!

GU sellers take your profit or just be careful...price may likely bounce at 1.5300

Ogboraph: EJ Up from here tareget 180pips up

Really? that will be nice though i'm looking out for PA in that area to decide.

adeyinka_basir: ykpuffy4real@yahoo.com

sent

adeyinka_basir: oga endfx1, pls sir help me with this your Green and red histogram bar indicator

PM me. its just a kinda headway indie i'm not taking entries based on it ooooo..

Meanwhile, pls drop dis oga stuff oooo.i'm still a student

adeyinka_basir: wow......does EJ and GJ wanna reverse for a buy cos 129.89 and 150.45 seem to be holding them from going below

I would have sold EJ at the break of Friday's low but i did not because it was too close to the 50EMA which might reject lower prices at around 129.8xx.So i will patiently wait for today's close to see how price will react there before i take my short.if it breaks the 50EMA i will look to sell ,if it bounce off there i will look to buy.

Cheer's!

onlineresource: Here is my analysis on gold for this week.

As we know that on friday, gold went on a nice thrust up tough i lost the
trade as a result of my stop been hit on the buy trade that i took...

From my chart below you can see that price broke through the 1322 and also the trendling drawn on the
chart, this shows that there would still be an upward movement to at least the next weekly resistance which is
1337, so what am hoping to like happen will be for price to get to at least 1340 before heading back down

But been that am kind of bullish on this pair, what am expecting to happen is to see a move down on gold
to 1325-1327 area which is where i will be taking my buy for a move up to 1340 which if broken will lead to a more upward movement which is 1427.

so watch out for either price retracement to 1325-1328 area or either a break or rejection of 1337-1340 area.

Have a wonderful week.

Nice one bro..i see a bullish GOLD this week too.Friday closed above the 50EMA with a pin/outside bar which suggest that the bulls are in for a ride.Though price is dancing between strong support and resistance area as seen on the chart.You may want to wait for a clear break of the resistance at 1347.3 area for a safe buy or like you rightly said a pullback before trigger.

The Best!

Odionastron: wow.. tnx 4 dis

Welcome sir! but remember it was just my own point of view not what will exactly happen because nothing is certain as you well know.You can always stick to what you see that perhaps i may not see equally.

All the best

Still holding my short on USDCHF and already at +BE

Goodnight all!

Odionastron: just placed a medium and a long term trade.
Usdcad long 1.02853 tp 70pips sl 40pips
audcad long 0.9520 tp 1.0008 sl 0.9420
Though i've just entered these trades, plzz every fta member.............CRITISIZE or support these trades. This is open.

Well, i just wish you the best on your CAD BUY but for me my bias is bearish for now.

Reason?... Current trend is down on the daily TF..price trading below the 50EMA and last friday candle was a bearish inside pin.If the mother bar low is taken out today we will see further sell off.

Also note on the weekly chart a bearish inside pin that formed off a strong resistance at 1.04407 and the mother bar was broken down by last week sell off with likely target at a confluence point around 1.01358 were we have a strong support,major uptrend line and the 50EMA waiting.

Just my 1kobo sha...am still a student oooo

iheanyiebeneze: 1. My trade for this week. AU will get to parity this week. Buy and tp= 1.0000, by next week tp= 1.0342 monthly pivot.
2. EU is sell now and take profit. 1.3125(last week monthly pivot). If current MP(1.2899) holds still by wed, i'll target it.
3. EURGBP sell tp= 0.8535.
4. GU ...no comment but from above ,i can deduce from above that Gu is up and down.
5. UJ is a sell to 94.43.
NOTE; these are long term trade for one to two week. and if your account is based on these, it will know no negative but positive and upon positive.THE ACCOUNT THAT DOES NOT GO DOWN BUT UP,and UP, IS THE BEST ACCOUNT.

...finger's crossed @ +BE

USDCAD..sell stop @ 1.02430 SL @ 1.03250 1st TP @ 1.01430 2nd TP @ 1.0036

Signals taken from daily charts..if you most take this trades please remember MM.

GOOD LUCK!

EURNZD...I have a pending sell stop at 1.63892 SL at 1.66460 TP at 1.60410

Trade Responsibly...MM is the key

Happy Trading Week @ALL

OliverPin: i think UJ is a better pair to trade.

Ya UJ is kind of cool crazy man that minds his own business.unlike EJ that is follow-follow

I already hold a short on UJ with +120pips just watching for the next level at 96.2xx