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Frenchman2's Posts

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FamilyRe: Have You Made Bad Choices In Life? by frenchman2: 7:00pm On Dec 24, 2011
looking back, some so called 'bad choices' turned out to be blessings in disguise.
someone said, 'whenever you fall, pick up something'.

No one can see the end from the beginning, so making wrong choices occasionally is inevitable.
PhonesRe: New Phone Scam! by frenchman2: 12:27pm On Dec 24, 2011
scammers, always a step ahead.
BusinessRe: Any One That Know A Good Forex Broker Without Reqoute And Low Spread by frenchman2: 12:16pm On Dec 24, 2011
fxpro
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 12:09pm On Dec 24, 2011
Joyeux Noel

(merry xmas)
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:49pm On Dec 22, 2011
@naijababe
very sorry for your loss.
had a nasty experience with one of my brokers, alpari some time in october.
placed a trade with a 500pip target.
the following day, i had over +100pips and counting.
logged out briefly, came back roughly an hour later.
trade had hit TP. noticed a long candle on the 5min chart.
first thing that came into my mind was to tune into cnn. wondering if there was an earthquake. 400pips under 15mins. unbelieveable.
remember what happended to jpy pairs in march after the japan earthquake?
while i was still trying to figure out how tp was hit, low and behold, right before my naked eyes
the long spike candle disappeared. the trade was re-opened, profit deducted from my balance.
everything back to the way it was.
Unbelieveable, right?
Till date, only God and alpari know what really happened.
I guess they wanted to hunt my SL and mistakenly hit my TP.

secondly, if you're planning to go live and you're a scalper pls and pls stay away from alpari NZ. They'll kill you with requotes.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 11:21pm On Dec 21, 2011
shor GBP/USD.

entry 1.5670
exit: when it touches the daily trendline. probably somewhere around 1.5441. see chart below.
entry based on the pinocchio nose (pinbar) on the daily chart. indicating price rejection.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 10:03pm On Dec 21, 2011
EUR/CAD

been stalking this pair.
broke out of the ascending triangle on the weekly time frame. (see chart below)

4hr, daily, weekly and monthly trendlines all broken
1st target 1.3117
2nd target 1.2466

i'll close half of my position at 1st target. then let the other run to 2nd.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:52am On Dec 21, 2011
beejaay:
good morning bros. just a little heads up. how can you be triggerring a trade based on a monthly chart and also a bit late as u rightly noted when i believe u are a speculator like myself? monthly chart is for hedgers(dangote,mtn,glo,p&G,shell and co) and not people like us with mentality of making a living via the market. yes monthly chart can give us heads up but definitely not advisable to take a trade base on it.
sir, thanks for your observation and comment.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 7:30am On Dec 21, 2011
Just placed a sell order on eur/nzd (spread on this pair with my broker is a whooping 20 pips)
entry : 1.6978
target 1.6360
on monthly chart, noticed a pinocchio nose, popularly called pinbar. (see chart below)
showing price rejection of 1.8024
equally, trendline broken on the daily chart
though i'm entering this trade quite late. did not notice the pinbar when it formed on the daily chart.

AUD/CAD
entry 1.0406
target 1.0500
noticed a flag pattern on the daily. price just broke of the flag. sorry no chart to upload.

december hasn't been a good month for me. it has been loss galore. Hope i get it right this time.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Merry Xmas

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 4:48pm On Dec 12, 2011
jamace:
^^^^Me too not seen anything o. Abi dey guy came for free e-mail collection for his other biz? Na wa o! shocked shocked
that's a terrible conclusion to make.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 4:19pm On Dec 12, 2011
lawson007:
frenchman2
Posts: 262

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Re: Forex Trade Alerts - Season 3
« #1355 on: November 27, 2011, 11:46 PM »

hello all,

request for the systems have been pouring in from all angles.

To make things easy for me, this is what i've decided to do.

choose the system you want and send me a mail.

By thursday i'll send them all.

Eg. should 20persons request for forexsignal30, i'll be able to send it to them in just one mail.

rather than sending it individually.

this will save me time.

In other words, you'll get your system by thursday.

so, if you send your mail and don't get a reply don't panic by resending the request. just check your box thursday.

Thanks for complying



@Frenchman2,

wetin happen? Thursday never reach?i sent you my email as u instructed,nothing has been sent to me as u promised.
very very sorry,

the request i received was quite enormous.

i've been sending them.

Those left are the ones who requested for forexsignal30, paintbarforex, profit code, backdogforex and forextradingmachine.

the others have received theirs.

pls you'll get it.

thnks for your patience.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 1:18am On Dec 08, 2011
just pulled the trigger on aud/usd

entry 1.0275

sl 1.0320

tp 1.0162

reason for entry

4hr you'll notice it's in a range and it just touched the resistance of the range.

noticed macd divergence on 30min and 1hr time frame.

sorry, just too sleepy and lazy to upload any chart

I hope i'm right.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 1:11am On Dec 08, 2011
[quote author=pip love-vendor link=topic=800194.msg9718006#msg9718006 date=1323300163]Hi bro. . . .been tracking the same pair for a while now and i'm seeing something different. . . if you had aimed for a 100 pip target i would not have said anything but since it looks like a long term trade here's my input. According to my system it's in an incomplete wave 4 mode. . . . everything is screaming long to as far as 16338. . . . the fact that it went this low is suprising in itself. . . . . .just be careful bro. . . .if i was to enter the trade i would wait for it to get to 16338 before i sold. . . if it doesn't then oh well. . .there are other pairs. . .[/quote]thanks sir, i appreciate your comment.

let's see how it goes. you might be right.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 12:01am On Dec 08, 2011
Hello all,

just spotted and placed  a sell on gbp/cad

this pair has been in a range since june 2010

high of the range 1.6418 and low1.5251

on the monthly chart, pair has been falling for the past three months, so going short means we're following the trend. (see chart below)

now, on the 4hr, i noticed a bearish pinbar or what i call pinocchio nose. price rejecting 1.5907. (see chart below)

the chart i attached here is from fxpro. but when i looked at fxopen chart, the body of the pinbar is smaller and the tail longer. looking more like a perfect pinbar.

I do analyse my trades  with fxpro, fxopen and alpari charts altogether. i've come to realise occasionally they give different candle stick patterns.

for example, you may see a pinbar with tiny body on fxpro, but bigger body on alpari.

my entry for this trade 1.5851

sl 1.5900

tp 1.5523

just hoping this trade brings in the much need profit (328 pips)

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 9:56am On Dec 01, 2011
naijababe:
^ You are trading this the wrong way, you should wait for the neckline to be broken before you consider it a head and shoulder pattern. Just by inspection, waiting for the necklline to be broken should still net you 400+ pips so why jump the gun ?
thanks for your observation.

i did not place the trade based on a head and shoulder pattern.

like i said in my post, the pattern is forming. for the left shoulder to form, it has to come down to the neck.

so between where price has encountered resistance and the neck i noticed there is roughly 200pips lying there.

why let the cash go away when one of my systems has given a sell signal

when it finally breaks and tests the neck i'll enter again. this time around it will be based on the heads and shoulders pattern signal

I appreciate your observation and comment. thanks
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 10:20pm On Nov 30, 2011
bonjour,

my aud/usd call hit sl due to news.

anyway, just placed a trade on gbp/jpy

noticed on the daily, heads and shoulders pattern is forming

left shoulder and head has formed, right shoulder is taking shape.

on 4hr noticed a doji to confirm price reversal

on 1hr macd divergence and a pinocchio nose. all saying price is heading south.

I just hope i'm right.

hope chart attached will help illustrate things better.

NB. nothing is guaranteed in the business.

my entry 121.72

tp 120.14

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 5:52pm On Nov 29, 2011
just pulled the trigger on aud/usd

entry 1.0009

SL 1.0179

TP 0.9553

on the daily chart, price broke out of the channel some days back. it has re-entered it.

on the 1hr i see macd divergence.

on 4hr there is a perfect pinocchio nose, what we popularly call pinbar.

Hope i'm right.

see charts attached.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 5:43pm On Nov 29, 2011
whirlweend:
It seems on this thread a lot of emphasis is put on the crazy EURUSD.Shorted the pair since on the 13th of Nov without TP and I am letting it run wild and do whatever she likes as I believe it won't get to my sell entry this year.

Please is there anyone in the house having a short on EURAUD?, just want to exchange some thots.EURAUD has picked up over 400pips since last week Thursday and still going!.

@Frenchman2 and dboy365, are you guys still on the GBPCAD?, 1.6011 is proving tough to break,what do you guys think?.
Still in it.
BusinessRe: Dog Food Business by frenchman2: 2:31am On Nov 29, 2011
whitebrown:
Nairalanders,


Please advise, i am trying o set up a pet shop in Lagos, meds, vaccines e.t.c but mainly dog food. Please advise if this is a lucrative business & what dog food brands are available & what are estimate prices.


Your advise will be highly aapreciated.


Thanks
good biz. if you want to include meds and vaccines, then you must be a vet. are you one?

a friend based in ph has a pet shop. he had issues with the vet association because he isn't a vet

so he cnt sell certain items

dog food very lucrative. a friend sell over 200bags per month

i'm equally looking forward to selling dog food.

go ahead with your plans. you'll surely make it.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 10:12pm On Nov 28, 2011
McNelson:
@ frenchman, can u plz state d difference btw macd and macd divergence
some people use macd indicator to place trade. while i use it solely when there is a divergence between macd and price.

macd divergenc= when price is saying up and macd is saying down, then there is a divergence.

sir, explaining this here will be a bit lengthy, kindly google it. there are lots of free articles online explaining the topic
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 11:50am On Nov 28, 2011
whirlweend:
@Frenchman2, Sure I know very well the[b] power of MACD[/b] and I trade 4H and 24H TFs ONLY.Like I said earlier,i would rather play it safe until 0.9227 is breached which has happened,by my projection,I see it getting to 0.9121,from there anything can happen.Your call is in order bro.If I were to trade this pair,I'd taken it after the breach,unfortunately I have picked my trades for the week.
OK sir, i guess since our systems differ, our entry will surely differ.

just want to draw your attention to your post in which you talk about the power of macd.

i'm actually talking about the power of macd divergence. pls take note there is a difference between macd and macd divergence.

thanks once again
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 11:35am On Nov 28, 2011
My chart pattern analysis for gbp/cad

i've been stalking this pair for sometime now. it has broken out of the symetrical tiangle without my spotting it.

all the same, i just saw and immediately pulled the trigger.

maybe i should have waited for 1.6074 support to be broken and tested first before entering.

4hr trendline broken and tested.

did you notice the double top formation on the daily chart. Besides, on the weekly it's been ranging for sometime now.

sometimes when prices break out like this (especially when falling) it just goes without retesting support/resistance as the case may be.

tp at 1.5900 won't be a bad idea.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

usd/chf alert i posted earlier is +102pips and still counting. never underrate the power of macd divergence.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 10:00am On Nov 28, 2011
whirlweend:
@frenchman2.Good setup but I'd rather play it safe with the USDCHF for now until the bullish trendline is broken downside or at least 0.9227 support area is breached.4H TF looks good to go but 24H TF indicates a slight retracement and the uptrend might resume if 0.9300 resistance doesn't hold.My thots.
I don't think you know the power of macd divergence, most especially on a big time frame as the 4hr.

usually when i place trade generated by macd divergence, i just go to sleep. It hardly fails except there's news by the corner.

anyway, you might be right. Nothing is guaranteed.

Already +60. i've moved my sl to my entry price. so there's nothing to lose.




hollas2jnr:
@frenchman2: Are you sure? Though i know little but from what i'm seeing, i don't think it'll get to your TP.
i'm not sure, i'm assuming. nothing is guaranteed in this business.

macd divergence on 4hr won't give me anything less than 100pips.

as a matter of fact it will surprise me if it doesn't exceed my tp

thanks for your comments.
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 12:30am On Nov 28, 2011
spotted an opportunity in usd/chf

MACD divergence on the 4hr time frame.

macd divergence is very powerful especially on a large time frame.

whenever i spot divergence, i don't seek for any other confirmation.

good enough there is a confirmation this time around. I see a perfect pinbar on the 4hr.

macd divergence + bearish pinbar = good pips (i hope i'm right)

pls see chart below.

my entry 0.9284

SL 0,9350

TP 0.9116

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 11:46pm On Nov 27, 2011
hello all,

request for the systems have been pouring in from all angles.

To make things easy for me, this is what i've decided to do.

choose the system you want and send me a mail.

By thursday i'll send them all.

Eg. should 20persons request for forexsignal30, i'll be able to send it to them in just one mail.

rather than sending it individually.

this will save me time.

In other words, you'll get your system by thursday.

so, if you send your mail and don't get a reply don't panic by resending the request. just check your box thursday.

Thanks for complying
BusinessRe: Forex Trade Alerts - Season 3 by frenchman2: 1:53pm On Nov 27, 2011
Bonjour,

roughly 2wks i've been away. Took me quite some while to go through all the pages of season 3

after going through all the pages, i noticed one thing; there are lots of newbies yearning for direction. looking for a tutor.

so, i've decided to do something that looks crazy, and maybe illegal. Read on,

My first contact with forex was in dec 2006. And in my quest for knowledge i've bought several trading systems.

as a matter of fact countless.

I've lost two third of those systems out of system crash.

And the remaining one third has been gathering dust in my hard drive.

so this is the crazy/illegal thing i want to do.

Below are the systems that i still have functioning.

I want you to go through them one after the other, pick just one out of the lot,

then send me a mail (pleasedashme@yahoo.com) with your email address and the particular system you have chosen.

And i'll send it to you absolutely free with no strings attached.

Note of warning: Choose just one system. If you choose two or more, you get nothing at all.

This offer is valid till midnight wednesday 30th November 2011. After which it's pulled down.

Please don't request for anything by 1st December, because you'll get nothing for it.

www.100pipsdailyscalper.com
www.paintbarforex.com
www.forexsignal30.com
www.fxboom.com
www.forex1min.com
www.forexprofitcode.com
www.forexrebellion.com
www.forextrendscalper.com
www.supraforex.com
www.supremofx.com
www.harvardboys.com
www.forexfunnel.com
www.forextracer.com
www.forexmiracle.com
www.rovernorthforexsystem.com
www.surefiretradingchallenge.com 1 and 2
www.forexautoscalper.com
www.fapturbo.com
www.5emas-forex-trading-system.com
www.forex-trading-machine.com
www.forex-science.com
www.lazytrading.com
www.fastforexprofit.com
www.forexmentor.com
www.fibmaster.com
http://www.forextechniques.com/fibonacci
http://www.forexmegadroid.com/
www.blackdogforex.com
http://www.msffe.strategictradingsystems.com/
http://www.ea-boss.com/

so go through all the sites, and chose what best suites you. Not sure if all sites will still open.

some of them are EAs. They've been cracked. Hope you know what i mean.

NB: I am not affiliated to any of these sites. Neither am i endorsing any.

Let me reiterate, send your request to my email. Don't post your request here.

Thanks

@blog icon
Big thanks for sharing your trading system for free.

Whenever your system generates an alert, and mine does same, it's a sure banker.

I now place trades with laser precision
CultureRe: Traditional Eastern Ijaw Attire In Pictures by frenchman2: 1:22pm On Nov 19, 2011
make i ask one question.

all this people wey you gum their pics here, them authorise you?

i'm sure dem no no say their pics dey online.
TV/MoviesRe: How Many Tv Channels Viewable Locally by frenchman2: 1:09pm On Nov 19, 2011
only God knows how this made the headlines.
PhonesRe: Etisalat Hits 10m Subscriber Base by frenchman2: 9:32pm On Nov 17, 2011
gbogboti:
guys, for me, the best of all the networks in terms of pocket friendliness is AIRTEL. I have etisalat, mtn, glo and airtel. First minute of the day is 36box, any other minute to any network is @15box. ANOTHER SECRET is the recent CLUB 10. With Club 10, u would be given 10mb on the first 200box of any week, u can register 10 airtel numbers and call them @6box, send sms to them @1box per sms and 5box to other networks. You can call other ntwk @18box. Thats not all, u can dial *101# to migrate to club 10 to get your 10mb which last 4 a week. And then migrate back to 2good(*446#) to call @15box after first minute of d day for 36box. No migration charges. If u want more details kall 141.
You claim to use airtel, yet you don't know their charges.

to other networks is 12naira/min not 15
BusinessRe: Forex Trade Alerts - Season 2 by frenchman2: 10:38am On Nov 10, 2011
just saw an opportunity on cad/jpy

Pinbar showing price rejection on the weeky. (see chart)

also my chart pattern analysis on usd/cad

noticed a heads and shoulders pattern on the daily chart. (see chart)

NB.  nothing is guaranteed in forex.

please don't hesitate to point out if my analysis are wrong.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

BusinessRe: Forex Trade Alerts - Season 2 by frenchman2: 8:24pm On Nov 09, 2011
Been staying away from eur/usd for some time.

but i've been stalking it this week.

I see something. I want to share my chart pattern analysis on this pair.

I'm yet to enter. I'm looking forward to selling. tomorrow's daily candle has to test a resistance first.

Everything is explained in the charts below.

monthly chart shows price is heading south

I noticed an engulfing candle on the weekly.

daily is in a channel heading south

I noticed a head and shoulder pattern on the 4hr.

from what i see every thing is pointing south.

Like i said earlier, i'll wait for today's cndle to close below the neck of the heads and shoulders

then wait for tomorrow's candle to test that line. looking forward to seeing this criteria being met before placing trade.

feel free to criticise my analysis.

PRICE IS KING FOLLOW IT WHEREVER IT GOES.

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