₦airaland Forum

^^
Which confusion? I dey expect big move during NY session.

It's no doubt that Ileke Idi is the most tribalistic NLer

Concept:
Oracle just spoken. This move may take it to 1.3305

I wish I can have so much confidence like you in this business. The move in EUR/AUD may be stalling EUR/USD uptrend.

^^
Na wa oooo!!! I wish I could command the market to trade in my direction! I still remain bullish for long-term.

A good clear signal has been formed to buy EU @ 1.34000

Impatient never commanded success in forex trading

Now would be the best time to sell USD/CHF if the 1hr closes forming a pinbar candle

^^ Nice reply bro, the guy wanna test your temperament. Abeg beejaay no fighting anymore.

The bullishness in Euro maybe traced to the EU Summit for Thursday & Friday were a positive outcome is expected to resolve the debt impasse but we should not also forget that RBA is likely to cut interest rate tomorrow which may make EU become bearish in the short-term due to correlation. Please let's factor this into our trading plan. I remain bearish in the short-term.

EU is still bearish on 4hr, Wkly & MN TF

If you are considering selling now, please trail your SL or wait till price hit 1.3326 support

Concept:
EU ~ The way this market is moving 1.36xx is not in view at all. My sentiment still remain short even with the NFP coming, too many signs pointing to that direction. @ honeric may be we are still going to meet @ 1.315x non stop but I will add, this is not the right time to place a trade. I just have my bias close to my chest & any movement that supports this I jump in. It was like no trade for me at all yesterday, I escaped with 10pips.

Let's take a poll: Which do we see first, 1.36xx or 1.31xx

Definitely 1.36xx

[quote author=pip p[size=1pt].[/size]imp link=topic=800194.msg9663342#msg9663342 date=1322659418]
i still de. . . . .i just decide to keep quiet. . . .most people don't just understand the way i trade and especialy price movements. . . . .so best thing is to shut up and watch. . . . .

ps. . . . .if you take the time and study usdjpy and eurusd. . . you'll be amazed how similar their movements have been. . . .[/quote]I noticed these too, both were pointing up.

namdo:
Massive coordinated central bank action inspired risk rally.

-central bank swap rates lowered by 50bps
-china cuts RRR by 50 bps
-eurozone fin minister meeting fails to produce result
-look out for yen underperformance
-month end flows should factor into price action

if you traded off daily charts like me with stochastic833 (20band) you should have been weary of short positions in the near term on dollar crosses.

Exactly

Una see wetin dey happen for dollars?

@ aguiyi, I dey oo but monitoring from sidelines.

Where is pip p[size=1pt].[/size]imp?

aguiyi:
bro, wats up. hope the pips are trickling in

I'd no time to settle down for trading for some days now, just on/off. I'll let you know the results ASAP

I can see doji formed on EU & GU on 4HR, this may signal the confirmation to go long. I hope today will be a risk-on market day.

^^ I just think you should wait since both EU & GU are oversold now or sell for about 20 pips

honeric01:
^^^

GU long is looking more likely. EU confusing.

Should have waited for EU, but I'm taking the risk. My stop is at 1.3400

Thanks aguiyi expecting it soon. i'm bullsh[size=1pt].[/size]itting all fundamentals to go long for a potential 200 pips on EU. For GU, I'm waiting till it closes above 1.5700 today before going long.

May the green pips boost our accounts.

@ aguiyi, how's your exams welcome back bro? Please can I get your metre strength indi? My email is: jakpayen@aol.com

Thanks!

It's a case of 'who pays the piper dictates the tune'. You think say na just bean-cake to drop billions before election gej election campaign

shina88:
I see a good buy entry for Eur/Jpy @ 104.78 with SL @ 104.45, TP1 @ 105.45 and TP2 @ 105.70

visit www.1bullbear.com/event for more info

Thanks

I'll rather wait or buy below your SL

^^ I think it's another risk-off sentiment today for the market especially USD against NZD & CHF

tonjoan:
sellers of gu be wary for we've taken profit. It's looking set for a rally.

Seem as if you had my thoughts, I'm expecting a pull-back for EU and GU

unclenna:
@tonjoan, you may be right, Even the daily stochastic supports the move, but why not allow the cross over to confirm your signal if you are too sure, that's my analysis but I don't trade the pair.

Add RSI indi with a value of 3 to your chart, I bet it will give you a strong confirmation for overbought/oversold. Please I'm taking a cue from your stoch (933) to add as part of mine.

Greece has finally selected former ECB vice president Lucas Papademos (sound like shakademos, lol), maybe that's why the confidence returning to the market but I still look to the downtrend on EU in the long run.

I have blown accounts after accounts not until season 2 when my trading skills have improved so much that I am giving up my 'peanut' paying job soon with confidence and Jehovah's backing for success. Thank you Odiaero for those alerts on gold (my trading system matches almost perfectly to trade gold); thank you naijababe for making see that my skills can be diversy into dow, s&p, nasdaq; thank you pip p[size=1pt].[/size]imp for confidence into long-term (originally I thought you were a newbie when you joined in season 2); thank you meshpip, blog icon, honeric, aguiyi (wishing you success in your exams), stagger (a very knowledgeable but quiet guy on this thread), tonjoan (the professor), jazes, jamace, frenchman, blackgucci and others I did not mention here.

Again pip p[size=1pt].[/size]imp=b[size=1pt].[/size]eejaay and may not be bidemi (I hope you settled your outburst with meshpip 'cos we are one family)

honeric, do you deal on laptops also?

odiaero:
Are we there yet?

We are almost there. We are becoming advanced traders, then professionals. Yippppppeeeeeee!!! Season 3 at last.

In season 1 we hit 100 pages in a year, now within 3+ months we have reached 100 pages. IMHO I think we have improved tremendously on this business especially with professionals like pip p[size=1pt].[/size]imp, tonjoan, and others coming on-board.

@naijababe/honeric, I am suggesting that you tell Seun to create a sub-section in the Business/Economy section so that we won't be creating thread after thread after each season.

tonjoan:
Please forgive me for I can't tell. however, look at the 4hr chart and see what candle is doing. !.3700 looks imminent. My opinion though.

Yeah my chart all pointing up but I take my entry based on 4hr TF

tonjoan:
trust me when i say the banks are buying. They actually took their buy positions yesterday. goldman sach bought at 1.3535 630 mil, 1.3560 420 mil, citi at 1.3532 730 mil etc.

^^^ hmmmmm! Where do you get your source from?

Please be mindful today as BOE may follow suit in cutting its interest rate.