₦airaland Forum

Don fibonacci: .
Received.Thanks bro.Yes I am a harmonic trader and everything that has to do with fibonacci.Thanks again

Don fibonacci: Thank you sir,been looking for this lance beggs book for like forever.Thanks a million.Please if you happen to have Scott M.Carney's Harmonic Trading,Volume Two: Advanced Strategies for Profiting from the Natural Order of the Financial Markets,Please send to eddy2muchmoney at gmail.com.Thanks again for the YTC.

"As we assess the benefits and costs of alternative policy approaches, though, we must not lose sight of the daunting economic challenges that confront our nation. The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and waste of human talent it entails, but also because persistently high levels of unemployment will wreak structural damage on our economy that could last for many years.

Over the past five years, the Federal Reserve has acted to support economic growth and foster job creation, and it is important to achieve further progress, particularly in the labor market. Taking due account of the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability". - Ben Bernanke

ayox2003: You're very much on course. Although you should have bought it when it touched d.

But with enough practice, u'd definitely become an authority. Learn the AB=CD pattern very well.




Frawzey

ayox2003: Its means its still within range and its yet to complete its cycle.

J, You didnt allow the trend to touch e before you chose your pattern.

If I were the one, I would form a minor pattern AB=CD by drawing a trendline from a to b; b to c; and c [/b]to [b]d.

Then wait for trend to touch e. Afterwards wait for a confirmation with the next candle to prove that its not gonna break the triangle before I make a trade.

I'm used to candlesticks, though.



Frawzey.

ayox2003: On what TF?




Frawzey

Toks2008: I agree i could get overconfident sometimes and this is why good mm is vital so that you don't over do but its not overconfidence. I have been in this business for a long time and my analysis are 80% accurate except for my greed. so just sell euro with absolute peace to supp 12430/455 and ignore any 20/30pips pullback so use good mm.

Trade with care.

Toks2008: If you are in my skype room, you would have seen this hours ago.

[2:57:27 PM] Forex Refuge:if 12500 get breached i see no news in the world that will stop euro from testing 12470/439/340"

so don't be a spectator waiting for a fallacy called news release, better join the train because we are likely to see further down pull to 12430.

Pro02: The minimum contract for Oil is 1 lot. If you have less than 1 in the volume area of the Order window the Sell/Buy buttons will be shaded out.

Change the lot size in the volume area,it would be enabled...

ayox2003: I must have slept off with my system running. My tone has not changed. Read this:




I have over-emphasized(over-flogged) buying Gold that was why I didnt wanna repeat myself.

Did you buy Oil?



Frawzey.

ayox2003: Ofcourse. 83+ pips Bullish already cos its at 96.89.

Well, I use FXCM's Marketscope.



Frawzey.

princewell: True words Bro, but I need you to give me more details on how to get started. Please...

nyere84: HIM: since u ve refused to slip wit me for a MONTH we started dating, i dont tink i can wait any longer. Pls its over.!! ME: got dwn 4rm his car, went to a food vendor arnd my office to eat, took my fone, deleted his num & nonsense msgs, and also him out frm my life.

naijababe: You dey wait make I beg before you go send me ?

ayox2003: I just dug it out for ya! Would send ASAP.




Not anymore. You can also get his workbook.

Note: One must PRACTICE very well. I mean spending time down to dwell on each page so as to have a full grasp of ALL candlestick patterns.


Frawzey.

ayox2003: Well, Constance Brown is a respected writer but you may not get the "comprehensive" explanation you need on Fibonacci. Fibonacci has limited literature that can give you the comprehensive knowledge. You can get the book.

But Robert Fischer's A New Fibonacci Trader coupled with Scott Carney's Harmonic Trader Volume 1 & 2 will give you what you need. I think I still have the first volume on my old PC.

I notice that these so-called gurus dont really trade anymore, they make money from books, seminars and subscriptions.

The ones who make the big bucks while trading rarely write. Dont get confused with variety. "Choose your choice".



Frawzey

Zeddicus: Binary Options

ayox2003: Mine was close too.

It has finally broken its resistance now. Its shielded me from other pairs for now.

Looking to re-order after the days candle. But already taken a stake on fixed odds.

More greens to the portfolio.



Frawzey.

ayox2003: Aint those pips enough? You have met you 2000+ target already! Still gunning for 2500+ ? ? ?





I'm not buying. But you can. Tested its resistance twice.


Gold RUSH is awaiting the conventional inflation.



Frawzey

fxbomovi: Am selling eur/usd now. Who is going me?

FOREXMART: Hello everybody. A green Pips filled day to you all. @Jakpayen You haven'tcome to ph yet? Hope all is well? @ Zeddicus, My brother are you still in kaduna?

All the best people.

ayox2003: Gold wants to just tested R3 at 1669.


Frawzey

ayox2003: August 31 is the day world top economic minds would hold a meeting with the Fed Chairman. He is expected to give a speech right there and investors are "expecting" that he would actually hit the nail on the head about QE3 because that was were he hinted about QE2.

Anyways, its merely an "expectation". But if Bernanke says something like this : We would add stimulus to the economy very soon. Another MASSIVE Gold rush and inflation would be triggered which would weaken the Dollar.

So lets see what happens that day. Till then, lets flow with the trend.

Lest I forget, todays new home sales is also an economic indicator to the Feds decision. If there is an increase in new homes, it means the economy is improving.



Frawzey.

ayox2003: Okay. If u entered early enough, 2000+ pips would have been covered because it touched 1666 this morning. Well, its still en route to your target though.

Be patient. I already closed mine this morning due to trend pressure. I would re-order at the close of the day's candle if I see a low.

August 31 is another day.



Frawzey

Toks2008: This is why i wrote that its best to research and get the settings that suits your style.

ayox2003: If your positions are still open, you should be above 1000+ pips by now. The Gold rush is saving the day from what we discussed last night.

More greens to the portfolio.



Frawzey

Toks2008: Moving averages. The secret to fx trading. Please forget all custom indicators and spend time researching on using moving averages to make your trade decision. This is a secret i decide to share with you all.