₦airaland Forum

honeric01: Time to take a break bro

nolly042: mbok no mind me jare. as i open chart this evening see the kind move wey dey there na so i open mouth they look my equity. God dey sha

endfx1: EJ hmmmmmm...100pips protected from remaining lot incase of any stupid gap as usual..finally 129.2xx cleared 126.7 calling

Anyhow am done for the week.happy weekend all

endfx1: And currently my short term bias on UJ is bearish although i triggered very late on friday but am still looking at 97.1xx before 96.1xx..

Lets see how it goes anyways...

Wish all happy trading week

endfx1: lol... tempting though a breach of 127.5xx will visit 126.1xx

kenny1984: Good morning guys, just wanted to share this with the house on the possible move of UJ to the south.View the weekly and daily charts of UJ.On the weekly chart,we see an pin bar formed n closes right below the weekly resistance.Moving to the daily chart, we see the stochastic in the overbought region and has already started falling.In view of the, PA would tend to move southwards first testing the daily support level, if that doesn't hold then it will move to the weekly support. This is a long term trade for Price action traders...Please analyse and criticise.thanks

naijababe: crude oil, alert set for 90.50 which is return ti broken trendline. I will be shorting for 400-700 pips from that point

Kirinwa: So sorry about that.I also got hit by gold 2 times on buy amounting to 600 pips but got 3000 pips just now.You can put a sell stop at 1420.00

endfx1: lol... tempting though a breach of 127.5xx will visit 126.1xx

naijababe: Holding my horse, not adding nada to the short. Stop moved to BE +30, you just never know with EJ

sojmann: Bros,your monthly support and resistance indicator pls!

naijababe: God have mercy. My gold trade not lost but I also got creamed by slippage, a whooping 70pips below my original stop .


Adding to my EJ short.

sojmann: Pls can you share this indicator?

naijababe: @ Endfx, check UJ chart again, you missed out your innermost trendline.

naijababe: Endfx, this is by no means a rigorous analysis but I think UJ might get down to 95.xx, see chart below and tell me what you think.

endfx1: Very True bro..

aguiyi: "One good guideline is that a strong trend line should have AT LEAST THREE touching points. Trend lines with more than four touching points are MONSTER trend lines and you should be always prepared for the massive breakout"

pls how true is the above quote, got it online

naijababe: I have a sell on EJ now and will add to my shorts at market open , I don't think it will get as low as 124 though. I think it will be 126.50 and maybe, just maybe 125.00 but then again 128.33 is a very strong area to look for reaction on the 4hr tf. That is the 23.6% level of the total up move and the breakout point on the weekly.

aguiyi: atleast , u are humbling almost all the guys here with ur calls and i have seen u in the auto section doing things , Gob bless ur hustle ma, greetings

Piponomics: The current EJ move is a retracement, at least for me. So not entering any sell orders. Will be taking only bullish signals as long as we are still above 125. Good luck to those selling.

naijababe: Possible first tp level at 128.30, see you later boys and girls

Piponomics: Hey guys!
Back now. Thanks to everyone for all the good wishes. Deeply appreciated.

endfx1: Why want to close after 30pips more?....tell me oooo abeg make i follow consider coz am looking at 129.2xx for now before any retrace