₦airaland Forum

Owliver:
cool. it's OK I didn't take the trade. fundamentals changed the chart short term.

this is the scenario its going to play on the cadjpy daily tf...its going to a good point up where a good sell can be initiated for the longer term sell. price will hit 73.xx before this pair will ever turn bullish at the marked red x line below.
trade idea:just keep the chart close for the day is close for sell sometime close.

missed nu buy will wait for a pull back to .7190 to re-enter buy with 35pips stop.
Edited:dropped those mofu gbpusd and eurgbp charts,prefer my eurusd and usdjpy as the major.

looking to buy gu at any of the marked x line and sell eurgbp at the marked x line. out now,need to get something this should play out well if all criteria meets.

lol...it seems i will have to develop this TA for gauging how the results of FA will look like...being correct the 2nd or 3rd time in a roll now. wasn't online to close at the best price to re-enter again but its already came down. watching to scalp the pair from now on while i leave the trade i took off the monthly tf as its currently positive and see what tomorrow is gonna look like but i see its gonna be more bullish though.
Edited:closed all trades as there is a new perspective.

someone talked about flipping a coin and not knowing the direction of the trend...almost quoted but i thought what will the use be anyway,so just waka pass jare.
usdjpy is making me regret why i closed the buy,had the best entry and i left in a hurry...just did extra 150+ again today.

Owliver:
Choi cadjpy do me well....



am looking to sell gbpaud but this rate matter fit scatter chart. jline my boss what do you think?

sorry bro wasn't online,was very busy.

JLINE:
will have to wait for nzdusd to come to my buy area again for a buy to be initiated if it will ever come back down though...that buy limit was my surest entry.
edited: placed another buy limit here but a little bit higher at .7245 and stop at .7200 while TP is at .7430...want to see what happens this time around.

buy limit got filled in accordingly,will wait this trade out. its either tp hit or sl hit.
edit:my nu stop may hit if GBP comes out bullish maybe.

The 2nd chart is eurgpb monthly tf...its quite clear here whats happening. this is not a major but a combination of two different major though. the brexit candle is there just very long and pushed as far as it can get but according to the law price doesn't come to the norm once the 100 level is bridged once at least not every time maybe on rare scenario. on the chart price is currently sitting on the 750 level which should in no place send the price crashing back down or there might be a sharp upward re-test and then a fall down.
with the above two analysis on my mind,i expect GBP reports to be bullish,not to forget that there are several reports between today and tomorrow but i am trying to look at the one that will be move the market maybe for a while or so.
NOTE:take notice of the "if" word i used severally,its just a bunch of crappy analysis as i might be wrong which i also doubt.
as much as i want the news to be negative but there could be help coming for these guys temporary to put them on a safer side.
NOTE:it has not been proven where TA is used to know the outcome of FA,am just trying to see if its possible and i could be wrong.
Finally,my bias is that GBP reports or mpc votes or interest rate will come out BULLISH for GBP.

JLINE:
will be dropping my analysis later this night on how tomorrows news is gonna be like on GBP and what to look at for if it to be positive or negative,its not to be traded but just maybe a guide... i mean if the particular pair play the scenario then you will know what to expect of the news either positive or negative...I COULD JUST BE WRONG THOUGH.

was kinda of busy and still though,just had to find time to do this...first chart is gbpusd which is a major on monthly tf. price had always bounced off the NORM on several cases without penetrating upwards for a single time but now price is currently at the lower mofu zone of the 100 level price line and even at the brexit price couldn't still take a walk through it or break it rather it went through and later bounced off. if price doesn't close below the lower mofu at 1.3112 before the news on a major time frame like 4hr tf i will be on the buy side for the GBP news to be positive if the other case scenario plays then it will be a negative result. then another thing to reckon on the chart is that there is a gap to be covered on lower tf like 4hr tf and that also speaks of the GBP being positive.
i don't analyze this pair often though.

Artillerous:
FXCM do not accept direct credit/debit card deposit from Nigeria. Help please....

i do not use fxcm but don't they accept perfectmoney or any other form of transfer...i think those using fxcm will be in a better place to answer you.

closed my usdjpy trade,i have a scenario that's possibly gonna play out very soon...first arrow indicates the lowest ever since around 2014 or so because uj has been falling ever since and the 2nd arrow up identifies a higher low.the monthly shows buy but that doesn't mean it will walk a straight road rather there will be more buy trades that are positive than sell trades.
chart below is 4hr tf chart and i expect price to drive straight to the NORM with hastle maybe a little though,when it gets to the NORM then the series of buying starts off officially. this play will end around 111.xx and may last till next month though,that 111.xx is also a key level on my monthly chart a mofu zone.
edited:dropped a buy limit on the NORM around 102.57 with 57 stop loss and TP just around where price is now at 104.97.
will be dropping my analysis later this night on how tomorrows news is gonna be like on GBP and what to look at for if it to be positive or negative,its not to be traded but just maybe a guide... i mean if the particular pair play the scenario then you will know what to expect of the news either positive or negative...I COULD JUST BE WRONG THOUGH.

not sure if those buy limit will trigger as eurusd is going north...chai na so the bus take leave me

placed a buy limit on audusd but a little bit higher than the supposed entry at .7550 and stop just 36pips below(.7514) while TP is at .7765 ...this time will see if the same thing will happen. the increased in entry also increased the stop too,supposed to be 30pips.

will have to wait for nzdusd to come to my buy area again for a buy to be initiated if it will ever come back down though...that buy limit was my surest entry.
edited: placed another buy limit here but a little bit higher at .7245 and stop at .7200 while TP is at .7430...want to see what happens this time around.

this is broad day light robbery,have got to make plans to switch to an ecn & stp broker...buy limit not triggered,don't know why even when price came down by -3 of my buy limit.

prettyboey:
@Jline.....Congratulations bro...keep it up man.

Thanks bro.

Less i forget,there was one pair i forgot to upload...its eurgbp monthly,hope you remember this one.

Think i talked about focusing on the major some time ago and the $1million information...lol . something like that though...now check all XXXJPY pairs,now mostly for the past 2 days like from monday thats when the usdjpy started the move...like i said don't combine with another major,if i go by this info thats like entered all trades according to my info,will have been up like more than 3500+ pips on pairs alone but wasn't online thats the reason for the only usdjpy trade alone. it doesn't mean you don't analyze the others but it gets you in on spot though
wanted to upload charts but got lazier,so i won't...am out now but Ger30 not dulling though
Those who can;do.those who can't talk about those who can.
SHALOM

usdjpy making my week,hope to close it soon but not yet...new chart, monthly tf.
patience is key.

yeap...its been a while. just a check in though...chart loading

closed the Ger30 trade...expecting a retrace or more like a gap down next week. will enter at the retrace next week if there is any.

us30 didn't take me along with the 2nd trade cos i was waiting a retrace it never bothered to do...upper level met. that's where i drop this chart and might look its way next week.

JLINE:
if i should buy audusd now with 10pips stop and 40pips tp,it will be a nice trade also...lets take a scalp,so i bought it risking 10pips.

if price comes lower from the current lower by 5pips then i am likely to loose this trade but i don't think so though ...watching it carefully.

if i should buy audusd now with 10pips stop and 40pips tp,it will be a nice trade also...lets take a scalp,so i bought it risking 10pips.

dukum:
Dude i am impressed by your performance do go open pamm account make u dey chop even more Benji's.keep your head high mate more greens to you and a happy weekend to you all.

Thanks bro,i appreciate your kind words...haven't played the pamm account arena before but will look into it.

JLINE:
level hit...its time to come back down and lets take another walk upwards the next level.

seems i won't mind choping 500+ pips coming down to take the walk upwards though ... will wait for a close below b4 entering.
us30 30mins tf

mrikay:
Brotherly... I have been adviced to sell eurjpy... Are you in on this?

a sell is cool considering a lot eur current place...a sell now will be fine but if price should close above the upper red line then might not be very good. if it doesn't then price should re-test the last month low which is the last red line lower there @ 109.xx
there is no clear direction on my other charting style though.
my advise: sell now or do what your instincts tells you.

mrikay:
Brotherly... I have been adviced to sell eurjpy... Are you in on this?

will have to check chart for that...but what does your own chart tell you ? don't do ej often...checking chart now.
an advise though: what anybody or someone thinks about your trade won't take you anywhere but BROKE in this biz. if you want to survive trust what you're doing.

might have bought early but i wasn't wrong though...might be done with the retrace and ready to move. uj monthly

level hit...its time to come back down and lets take another walk upwards the next level.

TP in prospect...watching current level critically...still expecting up move but wearing my jump suit though

jorel1:
Virtually 80% of posts on each page is from You ... it gets boring seeing same over and over again BTW congrats on your wins

you could make it more interesting by posting more of your trades entry and exit too as well,thanks anyway.