₦airaland Forum

toluxa1: Enter pro, can I still enter any of those two? which one and wats your exit time?

just study those charts and use your discretion. na 90mins i enter sha, but 2hrs is safer

the key thing is to enter at those HIGH prices. NU is performing better sha.

my exit time is 07:05 GMT, though others are exiting 07:35 GMT

ayox2003: These days, its like everyone has turned the market to lotto. The world is gambling with the market. No one whats to be involved in long-term investments and its killing the market. We BOM traders are now looking for where to sneak in to make some cash. No 5days trades or even 24hrs trades anymore. Its not our fault, though. Thats the way the world is at the moment and we must follow the trend else na "broke-lyn" person go dey.
Euro has fallen yakata. While awaiting NFP. I go sneak into the European indices for fall in first 20mins.

Goodmorning.

no be our fault na

if the market wasnt so volatile, we would have no choice but to do long term trades

na as we meet am, we dey trade am

prince123: I entered 1.0255 before seeing your post for 2hrs

hmmmn. how many hrs?

its currently at 1.0262

NU is performing better sha

emmatuxz: Are u going for a Fall or Rise,U said Buy Button,Lowest Point

2hr FALL

target :

1.0264 for AU

0.8027 for NU

mkmyers45: You want to also enter for 1hr or just 1hr or both?

2hrs is safer

emmatuxz: Wats ur entry Spot

if you are on a PC, watch the price for like 5 mins to determine the highest entry point, then wait for it for another 5 mins before clicking the BUY button

target :

1.0264 for AU

0.8027 for NU

EnterPRO: UC is very sluggish.

going for a 2nd round of 2hr FALL bets on AU and NU.

Wish me luck!

from the 1d chart for NU, a 06:00 GMT exit time looks good for NU

from the 12h chart for AU, a 6:00 GMT exit time also looks good

EnterPRO: NFP never comot na

what can you see from the charts?

UC is very sluggish.

going for a 2nd round of 2hr FALL bets on AU and NU.

Wish me luck!

emmatuxz: Just drop alert

NFP never comot na

what can you see from the charts?

as per NFP: AU, NU seem to be FALLing, while UC looks to RISE.

watching for a good spot to go LONG.

I also think US Stocks will open high, as there's currently nothing to drive them down.

Ideas, anyone?

mkmyers45: Duration?

hmmn, na first 10mins i book oh

but from yesterday's data, first 20mins fit work too

EnterPRO: thinking of doing same thing for Japan, Korea and Hong Kong Indices.

thinking they might fall in the first 30mins to allow for price adjustments.

Nikkei is sure to rise later sha, cos Yen seems strong now.

fingers crossed.

entered low on German and Spanish Indices, based on this news :

http://www.bloomberg.com/news/2012-07-05/euro-set-for-weekly-loss-before-spanish-german-factory-output.html

EnterPRO: based on Australia and Korea, i'm tempted to place 3 bets each for the 1st 30mins of HK and Singapore in advance

see as dem lock Singapore throway key .... lol !

EnterPRO: Fogot to check Australian Index too

its falling like Korea, first 50mins all red

next time sha

based on Australia and Korea, i'm tempted to place 3 bets each for the 1st 30mins of HK and Singapore in advance

EnterPRO: because Yen is strong now, Nikkei opened low and started rising immediately

Korea kept falling

Dont have much data on China (HK) and Singapore, so I can only predict for now that they'll open low and most likely fall in the first 10-20mins

Fogot to check Australian Index too

its falling like Korea, first 50mins all red

next time sha

EnterPRO: u can still key into Hong Kong sha, for a 10mins FALL from 1h40


and maybe a 60mins RISE on Japan, from anytime you enter, though thats 50-50. The Hong Kong is surer


Korea might keep falling, but Hong Kong and Singapore are still your best bets for now

because Yen is strong now, Nikkei opened low and started rising immediately

Korea kept falling

Dont have much data on China (HK) and Singapore, so I can only predict for now that they'll open low and most likely fall in the first 10-20mins

EnterPRO: lol, i don enter since 12:40AM

u can still key into Hong Kong sha, for a 10mins FALL from 1h40


and maybe a 60mins RISE on Japan, from anytime you enter, though thats 50-50. The Hong Kong is surer


Korea might keep falling, but Hong Kong and Singapore are still your best bets for now

emmatuxz: so wats ur plan now

lol, i don enter since 12:40AM

EnterPRO: thinking of doing same thing for Japan, Korea and Hong Kong Indices.

thinking they might fall in the first 30mins to allow for price adjustments.

Nikkei is sure to rise later sha, cos Yen seems strong now.

fingers crossed.

seems they opened lower .... interesting!

Good Morning, everyone!

EnterPRO: u know say my own na shikini money

anyways, as Ayo tell Stagger say US Futures don change, coupled with the fact say prices don change worldwide, i no expect say US Market go open as dem plan to before

e fit rise later sha, but i target make the price use the first 30mins adjust ... fall, then rise

make we look whether i correct

thinking of doing same thing for Japan, Korea and Hong Kong Indices.

thinking they might fall in the first 30mins to allow for price adjustments.

Nikkei is sure to rise later sha, cos Yen seems strong now.

fingers crossed.

entered .186

emmatuxz: entered 82.201 for 5 mins let see

very good price

emmatuxz: i guess d pattern continues,waiting to come down

might fall as low as .215 now

thinking of extending to 10mins or waiting for .216

EnterPRO: looks like its falling now sha

going up again. saw it at .221 that time

i just dey chop am with small small amounts

EnterPRO: u can still join. wait for it to hit .224 to .227 and go in for 5 mins

looks like its falling now sha

prince123: thanks you try,,even though i missed the parry

u can still join. wait for it to hit .224 to .227 and go in for 5 mins

bommaster: SHOP CLOSE. join u later

u try no be small

welcome back

prince123: welcome to the parry,,bom money no dey finish

yes o! na to dey chop am small small be the key.

niyeee: Bet won

congrats. u chose to close earlier?

niyeee: It appears diz a sure winner...enterpro, u don pocket enough 2day na as i am just opening shop with bommaster...lol

bros, na shikini moneeeeeey!

@bommaster: i dey hail oh!

niyeee: I enterd at 79.893

e pain me ehn! but e don enter .90x sha!

EnterPRO: maybe not. just got this:

Food For Thought:

The European Central Bank surprised the financial markets on Thursday by cutting more than its benchmark interest rate. It also lowered its deposit rate and the rate on its marginal lending facility. All three key lending rates were lowered by 25 basis points; however, the move lowered the deposit rate to zero for the first time in history. The EUR/USD plunged sharply lower on the move, wiping out all of the gain from the June 29 rally.

The action in theory should flood the market with cash after deposits reached near record levels. Like the U.S. Federal Reserve, the ECB must believe that there is plenty of stimulus aid in the market, but that it is not being circulated properly. The move should pressure the Euro but encourage demand for riskier assets.

ECB President Draghi supported his decision by stating “downside risks to the Euro area economic outlook have materialized.” He added, “Economic growth in the Euro area continues to remain weak with heightened uncertainty.” This leaves open the door for further action later in the year.

Traders also sold the EUR USD because of a pair of friendly U.S.jobs reports. Weekly jobless claims fell by 14,000 and the ADP Employment report showed a better-than-expected rise. These reports dampened hopes that the Fed would implement additional quantitative easing measures to boost the faltering economy.

The GBP/USD plunged on the news that the Bank of England boosted the size of its quantitative easing program. Although the news of the increase by 50 billion pounds was already priced into the market, the Sterling sold off because of the strength of the U.S. Dollar. The Greenback was boosted by better than expected jobs data which caused many traders to shift their outlook for tomorrow’s U.S. Non-Farm Payrolls report. Traders are now concerned the Fed will refrain from any QE activity if the employment report is better than expected.

The rising U.S. Dollar is also pressuring gold. Typically, commodities priced in dollars fall when the Greenback rises because of lower demand. The move in August gold looks like position squaring rather than a trend change at this time. August crude oil is bucking this trend, however, and posting a small gain. Concerns about a possible conflict with Iran continues to encourage speculative buying and short-covering.

Overall, it’s been a one-sided Forex market with both the Euro and the British Pound falling after key decisions by their central banks. Further downside pressure was triggered by better-than-expected U.S.jobs data which dampened hopes of additional quantitative easing by the U.S. Federal Reserve ahead of Friday’s key jobs report.

SOURCE: www.FxEmpire.com