Ephisi's Posts
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Ok, got it endfx1: ok bro lets see how it pans out though am speaking from a swingers perspective.. |
1.3450 is next on the table but i dont expect we will get there in a straight line without retracement. Price action isnt clewr for now. Need to watch many more hourly candles. For now im thinking we will range between 1.3400 and 1.3350/1.3370 area Before we head for 1.3450 on earliest tuesday nextweek. Wont be suprised though if we retrace and still hit 1.3450 today. endfx1: What my EU chart is showing me.....i think the likely target is 1.345... before any downpour. |
Geopolitical risk increasing. Japanese yen becoming safe haven for now. That should cause usdjpy to be bearish imo |
Hey! Welcome bro your hidden divergence finally played out. . I expect london to push eurusd down a bit. Looking for reentry at lower price. ephisi: Trade looking good. If we can break 1.3370 the 1.3400 on the table today or early next week. Lets see what direction london boys will push this. We could see 100/200pip correction. From where i would look for new swing shorts. Hope it works out. Enjoy |
Closed @ 1.3396 @ +40pips waiting for reentry |
Stoploss moved to breakeven @ +2. 1.3357. Trade is super safe. I can go to bed now ephisi: Crazy priceaction during draghis question and answer session. Currently swing long early entry on eurusd at 1.3355. Stop 20pips. Dont think we will get to 1.3333. Another possible support for buy. I wont be taking anymore sells for now till after correction. |
Where is everyone! Sleeping at this time? |
Trade looking good. If we can break 1.3370 the 1.3400 on the table today or early next week. Lets see what direction london boys will push this. We could see 100/200pip correction. From where i would look for new swing shorts. Hope it works out. Enjoy ephisi: Crazy priceaction during draghis question and answer session. Currently swing long early entry on eurusd at 1.3355. Stop 20pips. Dont think we will get to 1.3333. Another possible support for buy. I wont be taking anymore sells for now till after correction. |
Ok! Lets see what europe and london open brings. Thanks phoenixfx: A brief BUY now then a SELL to retest the 1.3347/1.3330 support level. The pair is seeking a buying support level to launch a massive change in direction for next week |
@phoenixfx what do you see on eurusd today? |
You are right. Most indicators lag. Price action is king. Btw the fakish candle occured on the 5th of june. Draghi effect. Anyone who has traded nfp and ecb conference should have gotten used to such candles. Yesterday had similar fakish bull move then reverded back to the bottom all of a sudden. phoenixfx: |
Yea, i agree with you. I use purely price action. My curiousity was peaked by the fact that the reversal points on the cog seem to coincide with possible s & r for swing trades. Its subject to investigstion. By the way how do you trade? Price action? Or indis. Thanks phoenixfx: Nah those are sojmann charts... I knw dat I've stumbled on them during my journey thru fx and I feel d best use of them is in 4hr/ daily TF combined with the hot fibo zones of 38, 50 and 61 fibs...at such levels watch out 4 candlestick PA patterns. Are they on significant SR, then check d shape of d COG to reveal trend flow(also if PA is near the thick upper or lower bands) backed by d macd trend indy...then uve got a high probability set up 4 trade. However, I believe d indy may lag and may change shape (trend direction) after considerable movemnt in Price...this is however not how I trade and d indy is subject to more investigation by whoever wants 2 use it |
Am out for the day. Enjoy your night ya all |
Crazy priceaction during draghis question and answer session. Currently swing long early entry on eurusd at 1.3355. Stop 20pips. Dont think we will get to 1.3333. Another possible support for buy. I wont be taking anymore sells for now till after correction. phoenixfx: Hi Y'all...How did the day go in way of trades... |
Phoneixfx and lawson007 just shed light on what you were trying to hint me on. Unfortunately you sounded a bit confrontational and I got defensive. Thanks for the headsup. Apologies for my reaction. Na ecb effect honeric01: My innocent advice, reduce how many comments you post on this thread.. don't ask me why, some of the users here know why.. |
Thanks bro. That was easy. You and phoneixfx just shed more light. Honeric assumed that I understood what he was talking about. I didnt. I expecred him to come out plain. I was bound to misinterpret him as one of those who had something against my posts here. lawson007: Don't be alarmed,@honeric is only trying to make sure you don't quit the thread like other good members in the past have done like Naijababe,Tonjoan,Prettywoman,Blog Icon,Concept,Fxking2012,Iheanyiebenezar,pipsland,Ogboralph,bond77 etc...the list goes on and many have become permanent 'guests-status' afraid of these little boys in the house. |
I understand you. Honeric gave me vague hints. You just came out plane. I at was pretty easy. phoenixfx: @ Ephisi...he's doing a gud thing giving u a hint of d negative attitude of some bad elements of this thread. Ive been a member long enuff to see d "fights", negative and discouraging comments, scams, etc...got so bad dat d gud heavyweights of our dear thread even had to bail out. So beware and be cool. |
Sorry I meant the center of gravity indicator. I always see it on your charts too phoenixfx: Thanks very much Ephisi....Personally i don't use the trend follower indy buh from analyzing Sojmann 's charts i know he is doing a good job of utilizing the indy. I'll av a look at it later. More green pips to all |
Lol currentprice: |
My internet service went off. Using phone bundle Closed short from 1.3420 @ 1.3345. Profit 75pips net profit 45pips. 1.3333 seems like support. Lets see what happens by tommorow or next.happy trading. ephisi: Fx not for the feeble minded. Crazy moves. Daytraders nightmare. Still short eurusd till after ecb conference. |
Theres no time to go back combing pasts threads. I guess its a moderator thing. If u have some serious info to pass on y not pm or email me rather than creating a puzzle. Thanks for the heads up bro. As a forex trader i interpret charts and not past posts. Honestly if u have a strong point for me. Pm me. Thanks honeric01: As a forex trader, you should be able to interpret data (Past comments from past posts/happenings) to know why some people actually stopped posting "more" daily. |
If u dont say why then whats the use saying! There nothing happening in the markets thsts y im posting. My account is too important to waste time here. Bte its important people know the truth. Truth hurts. Ecb in 30minutes. More important honeric01: My innocent advice, reduce how many comments you post on this thread.. don't ask me why, some of the users here know why.. |
Action time. Fasten ur seatbelts |
Thanks @morenaira my integrity counts! Newbies get caught ip thinking they will making it trading fx in one year. If u make it in 5yrs youre lucky. Its a gradual process. Only a mentor with proof of profits can help u cut the lesrning curve to say 1 to 3 years. Blatant truth. morenaira: i begin to have interest on your post, i like trader with plain truth not the one that will come to hurt newbies with their bla bla bla made million pips monthly, forex is sweat, and story story for achieving one thing or the other. funny part is e-goat will click Like to the fake post. |
Ranging and low volumes as expected. Fireworks should begin around 12noon ephisi: Too risky to place new trades 5hrs to ecb conference at 1.30pm We will range till news time. Stiill have my eu short from 1.3420. Lets see draghis effect today. See ya all by 12.45 |
I must confess that in few days here i have come to respect phoenixfx and sojmann! They have gotten me curious about this trend follower indicator. I was thinking to myself this morning. If i were to build a team of nigerian currency analysts to manage large portfolio these two guys should be on the team! We havnt scratched the surface of fx industry here in nigeria. Good job guys currentprice: yes we have such as a profile name. he came sometime last year with a kind of master on forex but his cool trying to help & doing good now if he is same person |
ephisi: Lol, check my profile for the date i joined lol. Sorry i meant to say 2008 after i finished school in 2006. Sorry for the error |
Lol, check my profile for the date i joined lol. currentprice: so you are the one that sold NL to Seun |
Ok currentprice: not you i quoted phoenixfx |
Ok, no im not ive been on nairaland as far back as 1998. You can also find me on forexfactory. Just decided to check nairaland for a forexthread and i found this one. Its not easy trading live and making posts and reading posts on forum. It needs extreme care cos if ure not careful it affects ur trading. I try my best. By the way dont blame anyone who hoards his trading skills. Most of us have gone thru great pains to learn this stuff. I only started making money after 8 years. What you get here is free. But i would charge a minimum of 10000us dols to train someone over a period of 1year or more and i intend to do so in the near future. Threads like this are meant for people who want to pick the pieces of the puzzle over time and get equally good. I did same learning thru auslanco, karmo, jaroo and vantagefx on forexfactory added to my 8yrs of watching price action. Just an advice currentprice: yes we have such as a profile name. he came sometime last year with a kind of master on forex but his cool trying to help & doing good now if he is same person |
Invertedhammer as in profile name? No im not. currentprice: brother are you invertedhammer? keep on good work |
Yes u can! A simulator is just like paper trading! U can use that as a first stage evaluation of a trading system. But you must demotrade with real live action so you experience the psycology and emotions involved. That it looks good on paper dosnt mean you will make profit when you go live. My timeframe to confirm a system is one year. In that one year you can do all the tweaking and fine tuning to the system before you go live. Thats how i operate. If im profitable after one year then i can apply it on my live account with super confidence rozayx5: @bolded why not use a simulator |
. I expect london to push eurusd down a bit. Looking for reentry at lower price.