Fxwarrior's Posts
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Fxwarrior: Which site offers 165? |
ONLINEbizDON4U: Be careful as I'm sure that this is a scam and the least you can buy legally is at N165.Which site offers 165? |
I welcome you guys to season 6.I wanted to post a comment earlier on but saw that season 5 was officially closed. Now let's get down to the nitty gritty of this business. There was a news I read saying that some European banks were begging for money. There are crisis in several European countries. Now,I think it's odd to have a strong bearish candlestick in a bullish trend that has just begun .I wish to assume that the market is not yet done with it's bearish pattern.or trend and that those bullish daily candlesticks would seem to be a correction. Again, if a support is broken it becomes a resistance. Based on these facts I opened a Sell stop on EJ at 104.90 and a sell stop on GJ at 127.90. |
jamace: Why you no show face all these while?I tire oh.Maybe traffic hold am for way. ![]() |
robinhoodd2: [color=#000099][/color][b][/b]am far from rookie when it comes to forex,infact the only thing i know about forex=foreign exchange,and it has to do with trading,but how to go about this tradingVisit babypips.com and click on their school session.Open a demo account and practice for atleast 3 months. Drop your questions here .We will be glad to assist a brother. |
Forex is easy.We make it seem so complicated. I will like to give newbies a simple yet easy way to make money in forex with minimal risk.First choose 2 or 3 pairs that can trend well and have volume.In my case EJ and GJ.Let 100pips movement be 10percent of your account.Watch daily candle stick at the point of retracement buy or sell,whichever is applicable.Analyze your candlestick well oh.Target 300pips.Stoploss is 100pips.Once it is achieved,be patient to wait for the opposite movement.Don't add positions along the way oh. Check your chart ocasionally.Cheers. |
honeric01: since you know why u sold, why are u kinda worried, remember that this journey is a lonely journey, so trade what you saw.This response would seem a little bit harsh but believe me that's the bitter truth.We should look at the longer term picture.If you ask for my honest opinion.I would advise you to place a buy stop at 1.6010.If it picks it that means is strong enough instead of buying at current market price. |
I consider EJ and GJ more matured than EU and GU.Imagine EU and GU still dey jonse oh!Take a SELL on EU and GU and stand a chance to blow up your account.If they were to go down they would have done that since Wed-Thur,hence they have withstood it.I still hope Tonjoan would allow me to share his bullish bias for EU.I wish to advise the house to take a longer term view of the situation.Losing 10,20,30pips in an entry that should guarantee you 200pips in about 2-3 days if you are patient is not worth it. |
After 4 years of active forex trading.I think I have finally gotten my major breakthrough.I will follow it up to its logical conclusion.I wonder why I haven't quit since?It's just the passion.I love forex.My patience has been tasked beyond limit.My people say anytime when someone wakes up is his MORNING.So I say GOOD MORNING TO US ALL. |
unclenna: be careful bro is not gud to enter a currency that u don't trade anyhow. Those 2 pairs can close acc. Easily. Rem not to use very high lot u can't control.Thanks my man.Glad you got my back.Noted. |
jamace: Double bottom on which Time frame?DAILY TF |
EU and GU dey jonse no bi small.They dance Makossa come join am with Awilo.I am done trading them today until tommorrow when I expect a bullish rally on EU based on NEWS.In the absence of that I stick to my long term trade on GJ and EJ.Target 500pips Stoploss 100pips from entry.Stoploss shifted 200 pips away from market price.Cheers... |
EU and GU dey jonse no bi small.They dance Makossa come join am with Awilo.I am done trading them today until tommorrow when I expect a bullish rally on EU based on NEWS. |
Hi guys,Good Morning.I wish to announce to the house that I have made a shocking yet amazing discovery.Like I said earlier on I don't trade EJ and GJ yet I have just discovered that these 2 pairs have both direction and volume.I saw what appeared to be a double bottom on the 2 pairs,based on that I am long on both GJ and EJ.Why I changed my mind?I believe that the risk is worth the reward. Thanks.. |
tonjoan: Selling eu is in my view very risky.Buying EU is in my view very harzadous. |
Are we there yet? |
Okay nah.Let's see if EU will escape this.Force of gravity oya pull EU down!! lol |
Ogboraph: even if am not yet trading i am use to looking at chart often and now to what i see in the EU GU AUDUSD all bullish news or no news news cant stop thisVery well then.Let's wait for Usd news.I know what it took usdcad to break above 1.0000.EU doesn't stand a chance atleast in my opinion.I am still bearish biased for EU until I see 1.3200.That's my humble opinion. |
A news is being expected on EU at 7.00am Nigerian time.You will do well to be near the market from 6.00am especially if you have an open position on EU. |
Sorry to misinform the house.There were 3 news releases for EU today.7am news was unchanged,neutral for EU.7.30am news was bearish for EU while 7.45am news was bullish for EU.Market at best is confused for now.I believe the news at 3.00pm for USD will give us a trend for the week.Like I said earlier on market is bullish biased for dollar.I expect what happened last week to repeat itself.Based on that I expect to see a massive drop in EU around 2pm.The actual news release will determine if it will continue.Thanks.. |
tonjoan: Inspite of how bearish the day may have started, for eu,gu and ej, the trend is going bullish.My brother technically daily is saying buy but fundamentally market is bearish biased for EU.The news released just now is bad for EU.Lets watch and see price action.For me I think we are seeing 1.2xxx this week.Conservative traders can wait until tomorrow to be more sure. |
unclenna: Check ur mt4 help sir is there. BUY LIMIT: means buying at a price BELOW the current market price. SELL LIMIT: means selling at a price HIGHER than the current market price. I hope this helps but still check ur mt4 help.Thanks for your willingness to help.The fact remains that I wish to SELL at a price LOWER than the current price.Is it going to be SELL STOP then? |
Good Morning guys and welcome to another beautiful day. I intend to sell EU at 1.2980 but I don't know if I will be around by then.My question is do I place a limit order or a stop order. What is the diference between them.I need someone in the house to enlighten me. Thanks. |
jamace: Read the scam case against Instaforex here:I don't know If this is true but it's wise to have more than one broker. |
vire: with Eu closing below my weekly pivot of 1.3191....i see a sell on eu becos of a weekly double top and also EU failling to do higher highs on the monthly chart....so my call is sell eu @1.3191-1.3154 sell zone tp 1.2864 sl 1.3230Be sure to analyze the market at such points to ensure there is strong movement. Entering blindly can be dangerous. |
jamace: Are you sure Instaforex is not a SCAM? Read brokers review on FOREXPEACEARMY.y I use instaforex and I believe them to be credible. I don't have any issue with them.If they are bad. I won't recommend them. They even offer 30% bonus. They are, regulated. The question then is why does forexpeacearmy not have a physical location. |
@ Ogboraph Incase you still insist on changing your broker,you should consider INSTAFOREX.They are okay and they also have mobile platforms for bb,android etc |
Ogboraph: Don't be surprise to see a JUMP upward on GU and EU @ the opening of the marketThat is possible on Monday but that will be minor to give us the continuation of bearish pattern.Traders may exit their long positions then to await strong signals.As a matter of fact.Buying EU for hold on Monday is risky and selling should be done when we see something like 1.2970. |
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i dont know,can u all pls lecture me on this,i welcome lesson note on my e mail-abubakarmurtalakolapo@ymail.com