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Frenchman2's Posts

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BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 1:37am On Jan 24, 2012
@swiftz

hello, you disappeared since october. where on earth have you been.

anyway, welcome back.
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 7:04am On Jan 23, 2012
sold eur/nzd at 1.5970

target 1.5795

sorry, no chart to attach.

the last three trades i placed on this pair were losses. hope i've gotten it right this time around.

Been stalking usd/cad. waiting for trade to setup. will surely send the alert when i pull the trigger.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 6:11pm On Jan 22, 2012
eur/jpy chart pattern analysis.

Noticed a falling wedge pattern forming on the monthly chart.

falling wedge pattern in a downtrend  can be characterised as a reversal pattern.

So we should expect an upside breakout of the pattern somewhere around 114.50.

price is at 99.56 currently, at the blue support line. (see chart attached)

since we're expecting an upside breakout, then price should head north.

to trade this patttern, you have to wait for price to breakout first. And price is expected to breakout somewhere around 114.00 region.

from where price is now and that high we have over 1000 pips. so just wondering while  waiting  for price to break, why don't i see how to catch may be

800pips of that up move. so when i noticed the macd divergence, it was the confirmation i needed that price is indeed bound to head north.

pulled the trigger at 99.53 and my first target is 105.70. roughly 600pip profit.

NB; nothing is guaranteed. Price could well do the opposite.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 11:00am On Jan 20, 2012
aguiyi:
maybe you should download a fresh mt4 from their site and compare both then communicate with them, thats if your stop loss was hit,but if its take profit,then enjoy the loot grin grin grin
loot indeed! grin grin grin grin grin grin

i'm live with alpari and marketiva. i wiped my fxpro account march last year. i wasn't hurt by that spike.

i use their platform for reference purposes for the meantime. though their spreads are quite competitive and hardly any requote.
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 10:55am On Jan 20, 2012
stalking eur/jpy right now.

waiting for it to retrace to somewhere around 99.40 to 99.30

i'll then go long and target 102.50. giving us over 300 pips

macd divergence on the montly chart. very powerful.



pulled the trigger on eur/nzd yesterday. it's in negative yet again. wondering why i can't get it right with this pair this year.
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 10:40am On Jan 20, 2012
aguiyi:
didnt see that from here ,see attached
now, that's surprising
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 10:36am On Jan 20, 2012
our eu 1.2970 target was hit yesterday.

price retracing as expected.

if it breaks  1.2870 support then i'll be thinking short and targeting 1.2525 = roughly 250pips profit

should it fail to break that support then i'll be thinking long and targeting 1.3070, roughly 140 pips profit.

like i pointed out yesterday, this is a broadening bottom pattern. so we should be expecting an upside breakout.

so it's very very likely price will head north after all.

I acually traded a broadening bottom pattern on the eur/jpy  and my tp was hit with a nice profit of 266 pips. I gave the alert here on the 16th and the

trade closed yesterday. i don't know if anyone noticed. unfortunately i didn't attach a chart.

so, i want to attach the chart now, so you see how the broadening bottom played out. it broke out from the upside. my target was 99.30 but it went as high as

99.90

when you study the eu/jpy chart (see chart attached) you see why i strongly believe eu will head north and probably hit .03070

the first chart is the eur/usd while the 2nd is the eur/jpy that i've attached to further explain how this pattern works

NB: nothing is guaranteed in the biz. price could well do the opposite.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 8:48am On Jan 20, 2012
hello,

woke up this morning, and this is what i saw on my fxpro eur/gbp monthly chart

i have attached the chart for you to see the spike i saw this morning. unbelievable. 1850 pip move under 1min.

I equally attached eur/gbp monthly chart from fx open for you to see the difference.

Only God knows what fxpro is up to.

let me know what your charts are saying on this pair.

may God deliver us from the hands of these brokers.

BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 8:39am On Jan 20, 2012
my chart patten analysis for cad/chf

sorry i'm posting this late.

actually i pulled the trigger 3days back at .9362.

I didn't wait for the pattern to form fully. I saw a pinocchio nose that made me pull the trigger.

Ideally, i should have waited till neck of the pattern is broken. i think i got lucky.

so why i'm i posting it now.

the triple top pattern i was envisaging then, has fully formed.

the baseline (or neck) has been broken, thus confirming it as a triple top pattern.

an ideal entry for this trade should have been .9235. was so choked up with offline stuff yesterday so i didn't see it till this morning.

as i'm typing price is at 0.9200. we can still catch 100pips. (see chart for details)

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 10:30pm On Jan 19, 2012
@wisdomxy
thanks
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 9:44pm On Jan 19, 2012
dboy365:
Are you talking about AU; Can you write your price properly?
I'm not with you on this one oh. Na bulls I see everywhere and I think they waited for a corrective to continue Up. Anyway, I may be wrong sha as nothing is certian in fx.
I'm long these commodity pairs NU,NJ and its not a scalp. (hopefully)
Nice previous calls on gold and eu.
Can I get your email add? or betterstill, write me on my dummy address: da.ghost63 at yahoo dot com.
sir, it's gbp/chf i was referring to.
pleasedashme@yahoo.com
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 3:36pm On Jan 19, 2012
just as posted in the morning, eu heading towards .2970

roughly 70pips to hit target.

already placed a sell limit order at .2970. looking forward to take some pips as it retraces.

my sell limit order on gold taken this morning at 1670. so far so good +144pips

for the 3rd time this week my eur/nzd trade hits SL.
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 3:26pm On Jan 19, 2012
silibaba:
aud/usd is waking up gradually.

can any guru in the house help us confirm gbp/chf, double bottom on 4hr chart. i want to go long after the last candle closes
if you're a scalper, ok.

i'm actually short on that pair, entered at 1.4517 two days ago. targeting 1.4334
BusinessRe: Forex Trade Alerts - Season 4 by frenchman2: 8:04am On Jan 19, 2012
chart pattern analysis on eur/usd

Just identified a broadening bottom chart pattern on the 4hr. (see chart below)

price is presently at 1.2859. I'm expecting it to head to 1.2970.

an upside breakout is usually expected with this pattern. i'll then wait for a retracement. if price then goes up and breaks the 1.2970, and

tests it, then i'll go long and target .3060

Though if price hits 1.2970 as expected, and then falls and breaks and tests 1.2864, i'll go short and target 1.2525

Though I strongly believe when it hits .2970 it will crash.

NB: i'm yet to pull the trigger. I'll be watching out for candlestick patterns to give me a clue on price direction as time goes on.

like i always say, nothing is guaranteed in this business. Anything can happen.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 8:29pm On Jan 18, 2012
just been wondering, where's swiftz.

she just disappeared. hope she's ok
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:58pm On Jan 18, 2012
been stalking gold

waiting for it to hit 1669. it will be hitting the weekly trendline at that price.

hoping that the weekly trendline resistance will stop it from heading north.

hoping to go short at that price. i think gold is about to crash.

I could be wrong.

just waiting. patience is the key.

odiaero, what's your take on this pair.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:21pm On Jan 18, 2012
are we ready for season 4
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 11:27am On Jan 18, 2012
thanks blog icon. already +50 on the nzd/jpy, 50 to go.


chart pattern analysis for gbp/chf

trade taken purely on price action.

noticed the breakout of a rising wedge on the daily chart.

actually pulled the trigger yesterday at 1.4575 targeting 1.4334 = 242pips

Is it too late to enter? well i just opened another position. we can still catch 200pips.

see chart attached.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 8:23am On Jan 17, 2012
blog icon

thanks for the alert.

after analysing the the pairs, i decided to equally join you in the nz/jpy trade at 61.34. i don't think it's too late.

your tp is 160pips. i can still catch 100pips.

it's likely to even exceed that target

thanks once again.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:58am On Jan 17, 2012
hello folks, just want to draw your attention to something disturbing.

has anyone found out that candlestick patterns differ from broker to broker?

i have attached below three charts (aud/nzd) on the 1hr time frame from alpari, fxopen and fxpro

look at the candles in the big circle. see the resistance line i drew in all the charts. pay more attention on the the last 3candles and tell me what you think.

noticed that alpari's is different from the other 2

just wondering if the spike on the last candle on the alpari chart is a SL hunting manoeuvre.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:44am On Jan 17, 2012
@Blog icon
welcome back. missed your trade alerts.

just pulled the trigger on aud/chf at 0.9364

SL 0.9400

TP 0.9246

Trade taken based on the 4hr time frame.

it has hit the 0.9373 resistance 3times now. (should i call it a triple top)

macd divergence on the same time frame.

pinocchio nose (pinbar) on the 4hr indicating price rejection of .9373

see chart below.

equally pulled trigger on eur/jpy at 97.24  SL 96.92 TP 99.30

noticed a doji on the weekly.

noticed macd divergence on the weekly and daily.

sorry no chart for illustration.

hope i'm right. had too many losses last week.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

PoliticsRe: Did Government Underestimate The Nigerian Public? by frenchman2: 4:43pm On Jan 15, 2012
it appears the beginning of every year something happens.

january 2011, the revolutionary virus started from tunisia, then egypt, libya.

january 2012, nigeria seems to have been infested by the virus.

what happened in north africa will surely spur us.

times have changed. the people are forcefully getting what they want.

FG really underestimated the power of the masses.

FG should be very careful. Because after this week, it will not just be fuel subsidy alone that the masses will be agitating for.

they'll include other things and the list will keep increasing.
PoliticsRe: Us Issues Travelling Warning To Citizens Coming To Nigeria by frenchman2: 4:25pm On Jan 15, 2012
Princek12:
The US has everything to do with China's growth. If Americans stop doing business with China today, China's economy will suffer tremendously.

You think China is overtaking America because it has factories that manufacture inferior and low quality imitation of American products. Keep dreaming. How many discoveries have come out of China that have impacted the world?

On the other hand, just about every discovery that impacted the world in the last century came out of America, and America is still presently churning out patents and inventions. Facebook, Youtube, Google, Yahoo, Ipod, Ipad, Iphone, Android, Twitter, Craigslist, and just about every modern-day technology came out of America.

What has China done? Mention one. Instead of you to appreciate American exceptionalism, you are out there displaying signs of envy and bad bele.
i agree with you on this point.

But one thing you fail to understand is that if america stops doing business with china, china's economy will surely suffer, likewise that of the US.

Can the US wake up one morning and say they'r no longer doing business with china? CAPITAL NO

They won't dare it.
NYSCRe: Should NYSC Be Scrapped? What's Your Take On NYSC? by frenchman2: 3:51pm On Jan 15, 2012
Nigeria is number one when it comes to carving out great policies.

We then get it all wrong when it's time to implement them.
SportsRe: Why Arent Nigerian men Interested In Golf? by frenchman2: 12:11pm On Jan 15, 2012
Seun, how did this topic get to the front page.

when there is crisis in the country, golf is making the headlines.
PoliticsRe: P/harcourt Refineries To Work At Full Capacity By November – Nnpc by frenchman2: 8:22pm On Jan 13, 2012
story
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 1:16am On Jan 09, 2012
equally pulled the trigger on aud/chf

entry 0.9755

target 0.9272

noticed a doji on daily chart at a significant resistance level

noticed macd divergence on 1hr chart

4hr trendline broken.

sorry no chart to attach.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 12:52am On Jan 09, 2012
My chart pattern analysis for gbp/cad

entry 1.5856

exit  1.5740

just noticed this pair is ranging. high of the range is 1.5872 and low 1.5730

see chart attached.

just hoping i'm right. usually i make easy pips out of such patterns.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 12:19am On Jan 09, 2012
just pulled the trigger on au/usd

entry 1.0205
target 0.9955
noticed a pinocchio nose on the weekly chart. indicting price rejection of 1.0299 resistance
see chart below.
so far this year, placed 6 trades.
3hit stop loss so far
other 3 in good profit and still counting.
hope i'm right in this trade.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

PoliticsRe: Fuel Subsidy Removed - Full Transcript Of Press Release From The Pppra by frenchman2: 7:32pm On Jan 01, 2012
isn't the insecurity in the nation more important than fuel subsidy
RomanceRe: Were Women More Virtuous "back In The Days"? by frenchman2: 5:39pm On Dec 27, 2011
[quote author=Jenifa_ link=topic=833100.msg9839121#msg9839121 date=1324926114]Why do most of us have this idealistic notion of how things were in the "olden days"
we say women were more well behaved and virtuous "back in the days."

Do you really think that this is true?

I'm currently reading a book first published in 1875 and found a quote from the book.
The author was complaining about lack of ideal or perfect women. All the women about town were fake.

Here I am, shocked and in disbelief.
I thought women were perfect back then. right?  cheesy
they were our mother's mothers and great great grand mothers afterall.[/quote]Perfect?
Looking for a perfect human being? let me know when you find one.
Christianity EtcRe: Your Predictions For 2012 by frenchman2: 5:34pm On Dec 27, 2011
prophets of doom, for your information, nigeria's future is in God's hands.

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