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Frenchman2's Posts

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BusinessRe: Forex Trading - Season 13 by frenchman2:
just re-adjusted my tp to 87.33. I see support there.
Equally sold gold 1424.50
Got my fingers burnt with gold last week. Hope this one goes according to script.
BusinessRe: Forex Trading - Season 13 by frenchman2: 4:21am On Apr 23, 2013
bonjour,
just went short on oil
Should this trade go against me then i have myself to blame.
just broke one of my entry rules.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trading - Season 13 by frenchman2: 8:57am On Apr 16, 2013
just bought gpb/nzd 1.8066 sl .800 tp .8420
long also gbp/aud 1.4760 sl .4700 tp 1.5000
BusinessRe: Forex Trading - Season 13 by frenchman2: 8:36am On Apr 16, 2013
[quote author=yomex_y2]it is very possible for the trade to still go down, nothing is certain, thats why i m not risking more than 2% if it goes the other way.[/quote]sir, spot on. my sl hit
BusinessRe: Forex Trading - Season 13 by frenchman2: 7:42am On Apr 16, 2013
naijababe wetin you dey see wey i no dey see.
I was frowning at your gold and oil buy. you're spot on.
waking up to see red devils.
BusinessRe: Forex Trading - Season 13 by frenchman2: 2:59am On Apr 16, 2013
@yomex_y2: Sir, I see your buy stop on the chart. I think it will still come down. I have a sell limit at 127.
BusinessRe: Forex Trading - Season 13 by frenchman2: 2:57am On Apr 16, 2013
current chart.
you can still join the train.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trading - Season 13 by frenchman2: 2:51am On Apr 16, 2013
Bonjour,
I posted this chart last week. It almost looked as if price was going to rubbish my analysis.
Somehow it's moving according to plan. my sell stop orders have been triggered. let's see how it plays out.
This is history repeating itself. Hope i'm right.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trading - Season 13 by frenchman2: 2:46am On Apr 16, 2013
naijababe: Hitting the sack. Buy limit on EJ at 12570, sl at 12490. Bought gold at 1351 too.
See y'all in the morning.
buying gold?
i sold gold and oil
BusinessRe: Forex Trading - Season 13 by frenchman2: 12:44am On Apr 16, 2013
naijababe: This is for you aguiyi. I fibbed the extension of the last upmove to get new support levels. Note that we are currently at the 127.2% level on the weekly. I bought in anticipation of price returning back to 100% risking 40 pips for a possible 200 or more
buying oil?
BusinessRe: Forex Trading - Season 13 by frenchman2: 11:13pm On Apr 15, 2013
Blood of Jesus, i dont get it anymore.
what's really happening. these candles are just too long.
I'm placing trades without tp today. just wishing i didn't put tp yesterday.
BusinessRe: Forex Trading - Season 13 by frenchman2: 5:03pm On Apr 15, 2013
gbp/cad daily chart.
see chart below for details.
NB: nothing is guaranteed. price can just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trading - Season 13 by frenchman2: 1:10pm On Apr 15, 2013
dboy365: sent! sorry for the delay...been away!
no qualms.
received. thanks my man
BusinessRe: Forex Trading - Season 13 by frenchman2: 3:19am On Apr 15, 2013
dboy365: sorry. ur email again?
pleasedashme@yahoo.com
BusinessRe: Forex Trading - Season 13 by frenchman2: 2:41pm On Apr 14, 2013
dboy365: via fbk or email(preferable)?
email my man. thanks
BusinessRe: Forex Trading - Season 13 by frenchman2: 5:06am On Apr 13, 2013
dboy365: nice one 9jababe!
sir, do you mind sending me those books you gave to naijababe. I got super trader but not the other one.
BusinessRe: Forex Trading - Season 13 by frenchman2: 12:39am On Apr 12, 2013
naijababe: Looking to add to my crude shorts. Pending sell limit set at 93.50 if it gets there.
madam, you were right about the oil stuff. thank God i had BE before the fall
BusinessRe: Forex Trading - Season 13 by frenchman2: 8:20am On Apr 11, 2013
ncpat: Sell limit order or sell stop I guess you mean sell stop b`cos sell limit is used to place pending orders above current market price why sell stop is used to place pending orders below current market price, please educate me i`m ready to learn.
Oops! sell stop please.
thanks
BusinessRe: Forex Trading - Season 13 by frenchman2: 8:16am On Apr 11, 2013
dboy365: @my friend frenchie, I know and see what you are talking about...looking at monthly and weekly chart but price already rejected 5360 a day or two ago and didn't fall off the cliff into the pit...telling me there are more buyers pushing to break the resistance than sellers forcing a continuous down trend. I might be wrong though.
What would determine the resistance break in the next hours or days or a respect of .5360 R/S producing a second fall (which might be huge) might be the unemployment/retail sales numbers from USA today as no news from GBP till next week. I might be wrong with the message the market is telling but I'd rather be wrong following my inner voice than listening and changing my bias because of someone's opinion. Lets see what happens with these 3days coiling inside bars on the daily chart.
sir, like you pointed out, price has tried to break the .5340 resistance four times now to no avail.
if price doesn't come down to trigger my orders, fine. At least my money will still be in my account waiting for another trade so show up.
Like you rightly said, let's just watch and see what happens, anywhere price goes, we follow.
BusinessRe: Forex Trading - Season 13 by frenchman2:
Hi folks, i'm seeing something very interesting on my weekly gbp/usd chart.
I've already placed my pending orders.
Should price head north and break .5340 resistance all sell limit orders will be cancelled.
I have a sell limit order at .5282 first tp .4830 2nd tp .4330 3rd tp .4580.
This is long term. Could run the whole month.
see chart below for details.
NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trading - Season 13 by frenchman2: 4:47am On Apr 11, 2013
ncpat: wait for a retracement at 1.5259
sir, you think it will pull back that much? You might be right.
I'm afraid i've already pulled the trigger. let's see how it plays out.
BusinessRe: Forex Trading - Season 13 by frenchman2: 4:42am On Apr 11, 2013
dboy365: bought gu on my other acc
buying? i'm actually seeing something different.
will post my gu chart later. i might be wrong though
BusinessRe: Forex Trading - Season 13 by frenchman2: 3:57am On Apr 11, 2013
just opened another sell position to my eur/nzd.
care to join

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trading - Season 13 by frenchman2: 7:25pm On Apr 10, 2013
naijababe: E get as e be o. I dey for sidelines dey watch. Long closed at BE once again. Re-entered crude short again at 9405.
madam, you're still shorting oil
i'm afraid to say that i'm still not seeing what you're seeing.

BusinessRe: Forex Trading - Season 13 by frenchman2: 6:03pm On Apr 10, 2013
Piponomics: Hmmmm. Una well done o. Devil no want make I enjoy my money this year but lie lie..E no go work for am grin
I had a car accident on the 3rd! But am now a lot better and will be discharged soon. At least no broken bones or anything overly serious. Just a few cuts here and there and a swollen face.
Thankfully, I set a pending EJ order at 120.50 in anticipation of BOJ. You need to see the joy on my face when my Mum allowed me get on my Laptop yesterday and I saw 800+ pips!
Will soon get back to the groove fully..
oh dear. We thank God you're alive to tell the story. wishing you quick recovery
BusinessRe: Forex Trading - Season 13 by frenchman2: 10:13pm On Apr 09, 2013
naijababe: The high of the most recent swing is at 94.82, the shooting occured at the 88.60% level of this down-swing, that level is the last opportunity for full a reversal, it most always denotes the continuation of the prior trend. I have posted the relevant parts of the chart of the 4hr to make it clearer. I hope you can see where i am coming from now
well, let's see how it plays out. You might well be right. Though my system is saying buy.
BusinessRe: Forex Trading - Season 13 by frenchman2: 9:19pm On Apr 09, 2013
naijababe: Selling crude oil too with sl at 9460 and tp at 9050 and 8705.
madam, why sell oil. i actually bought at 93.85 tp 95.00
BusinessRe: Forex Trading - Season 13 by frenchman2: 12:09pm On Apr 09, 2013
just added another position to my eur/nzd sell.
join me if you care. Hope i'm on the right track

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

BusinessRe: Forex Trading - Season 13 by frenchman2: 1:40am On Apr 09, 2013
yen has defiled any form of technical analysis. it's just not respecting any support/resistance.fundamentals at work.
BusinessRe: Forex Trading - Season 13 by frenchman2: 8:50pm On Apr 08, 2013
kenny1984: Hi House, saw this and thought to share it with y'all. Cup and handle forming on EU.
Please you can drop your opinion about making this trade.
wow! cup and handle formation. Nice one. can't remember the last time i spotted it.
Sir, I think it has a higher success rate on the higher time frame; daily, weekly and monthly.
Let's see how it plays out.
BusinessRe: Forex Trading - Season 13 by frenchman2: 9:43am On Apr 08, 2013
fxisreal: until i stick to the bolded part my life better. below is my ej s/r plan trade for the week.
sir, your system and mine are quite similar. keep it up sir.
BusinessRe: Forex Trading - Season 13 by frenchman2: 8:57am On Apr 08, 2013
chart pattern analysis for gbp/cad
see chart below for details.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

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