₦airaland Forum

lets see if eurusd will get there...most probably though

JLINE:
oil playing nicely,price made a little retrace lower tfs and still came to 41.20 back...there will be a touch of 41.59 from where price is now before coming down to 39.62.
remember 38/37 is the last bus stop.

seems oil didn't bother for a retrace,a direct move to the norm...buy side is on its way.

circles complete on the 1hr tf...time to start at fresh again. usdjpy

lol...caught the mofu usdjpy move right on point. don't try this at home.
i kept shouting 103.xx

i had to come back...lol boj did it price hit 103.xx ....this buy is the buy of the year,don't miss it but you might want to wait.

Pipsbasketing:
When orders are taken and SL are set (these decisions are made just once per day). I leave the rest to play out until the next day. I do not close or open order within the day even if I see spikes........I trade daily candles.

btw, thanks for the heads-up

that's what i wanted to hear,thank you. out now...
SHALOM

Pipsbasketing:
BASKET UPDATES

you will have to keep an eye on this your basket very well,some things don't just add up.

why i stopped trading Ger30 for a while....its in a mofu channel upward,i know a bit of normal patterns but its difficult for me to follow through on trades so i jsut let it be. scalping it will have been fine but more stressful not in the mood for scalp.

105.50 holds,taking a trade now will be not safe though cos of Boj news...will wait the news out.
meanwhile 105.83/.63 is an attraction though
EDIT:remember initial target is 103.xx before any upward move,meanwhile new figures could be printed after boj .

JLINE:
so uj should hit 103.xx today while oil a little retrace cos of current s/r point...eu on the side needs a force to push up or down via that mofu zone on the 4hr tf which will make lower tf range a little bit between 1.11255 and 1.10948.
1st chart eu 4hr tf 2nd chart eu 30mins tf
EDIT:typo here its 1.1125 and 1066

1.1066 held

oil playing nicely,price made a little retrace lower tfs and still came to 41.20 back...there will be a touch of 41.59 from where price is now before coming down to 39.62.
remember 38/37 is the last bus stop.

nice one,more people now tracking stocks.

I seem to have been a bad influence here...

if this higher high on cadjpy holds off this week with all the news and all,then it might be time to work out new figures.
Those who can;do.Those who can't talk about those who can.
SHALOM

nzdusd having a little push up issues,lets see whats gonna happen...a retrace is the norm it should follow but might not be on this scenario fully

so uj should hit 103.xx today while oil a little retrace cos of current s/r point...eu on the side needs a force to push up or down via that mofu zone on the 4hr tf which will make lower tf range a little bit between 1.11255 and 1.10948.
1st chart eu 4hr tf 2nd chart eu 30mins tf
EDIT:typo here its 1.1125 and 1066

eurusd has little issue going somewhere though,lets see...
EDIT:if the first 1hr candle closes above then we have a bullish day maybe.

oil still hit 41.xx today...patience is a virtue. eurusd,audusd and nzdusd doing just fine too. cadjpy seems to be done with retrace.
Those who can;do.those who can't talk about those who can.
SHALOM

currentprice:
thk for the post,,,we can still make dollar on BUY before any move to the NORM target....if the price fail to take out yesterday low before 4pm am expecting vummmmm to the north

_{^{the sign is there}}

sure bro

reason for cadjpy going up a little bit,its not a real uptrend move though...still holding my sell though cos of over all general trend watching how this plays.

oil was supposed to hit 41.xx yesterday but a little delay though,well as long the long norm target(39.xx) is hit wouldn't mind the wait.
SHALOM

there was only 1 possibility for me to have believed for gj to be bullish where uj becomes bullish but gbp has an export news which might help gbp balance off their current scenario and that might come negative again just to make all things equal and the larger norm of the week says the downside is not complete yet not until maybe 117.xx

eurusd its time to journey your course...chart too rough can't post it.
usdjpy touch its 105.xx and even higher but caught somewhere...103.xx is where i drop this nucca dead.

lol...i expected one party to ignore the other but none is doing that.
well,nzdusd done its re-test its time to journey your course bruuuuuh

at the end,its all about YOU not THEM.

13."A man with a watch knows what time it is. A man with two watches is never sure." -- Segal's Law
so,master one style of trading.
14.It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. George Soros
15.If you make people think they're thinking, they'll love you. If you really make them think, they'll hate you. --Don Marquis
16.The rule in trading as in tennis is that it is far better to be approximately right rather than precisely wrong. -Boris Schlossberg
17.Trading is an exercise in accumulating money....Mark Douglas
18.“It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” (Charles Darwin).
19.The greatest obstacle to discovery is not ignorance--it is the illusion of knowledge. -Daniel J. Boorstin

20.Those who can;do.Those who can't talk about those who can.
SHALOM

1.”the only way you get a real education in the market is to invest cash, track your trade, and study your mistakes…It is emotionally difficult to review your mistakes, since the speculator must wade through his own bad trades and blunders. And these are not simple blunders; these are blunders that cost money. Anyone who has lost money by investing poorly knows how difficult it is to reexamine what occurred. The examination of a losing trade is tortuous but necessary to ensure that it will not happen again.”

2.
Q. How do you end up with 1 million dollars trading the forex?
A. You start with 5 million

3."You only have to do a very few things right, so long as you don't do too many things wrong."

4.
"Empty your mind, be formless,shapeless, like water..............
for water can flows, drips and crashes"

How can we apply this saying into our everyday trading?
For me, its all about price action.

5.The Trend is your friend, A range is your ex who you dumped in front of her friends and is pissed.

6.The loudest one is the weakest one - an american chief gangster
7.Teachers open the door but you must walk through it yourself - Chinese proverbs
8."If you can pose an intelligent question, the likelihood of finding its solution is very close."
9.The more sophisticated you become as a trader, the more you will realize that trading is completely mental. It isn't you against the markets, it's just you." - Mark Douglas
10.For the newbie: "Slow down... this market will be here for the rest of your life..."
so, 'Beat the crowd in and out the door. You have to take their money before they take yours'

11." When a person with experience meets a person with money, pretty soon the person with the experience will have the money and the person with the money will have the experience." Estee Lauder
12.The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises

usdcad has around 300+ pips upward to go...

eurgbp weekly,there is still a chance to join now before the bus moves finally.

uj move to 105.16 like mentioned previously already started...its just a short retrace. 103.xx is the target.

sorry,i forgot one...usdjpy think i talked about catching a high and price coming to 103.xx for the long buy...well get ready as it seems its closer now than ever.well i expect price to retrace to 105.xx now before pulling down finally to 103.xx.

SHALOM

JLINE:
...i just sold the nucca(cadjpy) with 15pips stop with TP @ 73.xx(850+ pips in prospect if it works out on TP1). its not advisable to enter trades like this but i am trying to improve my stuff over here though.
the only trade that requires update:bring stop to 60+ positive as it is currently 300+

the only trade i like to give update: move stop to 150 pip positive as price just hit 350+ pips...the 2nd trade in the pyramid would soon get activated. fingers crossed.
if you remember my oil projection or lets say you forgot it is headed towards 38.xx and just around 150+ pips right now. there is still more.
eurgbp hope you sold early,if you haven't then you can sell now with 80pips stop loss and tp at 0.7850 that's just 550+ pips .
you could still join the eurusd,nzdusd and audusd buy when your system confirms,meanwhile already riding them though.

SHALOM.