₦airaland Forum

looking at usdchf 4hr tf,i expect a sell off but price needs to reach a point first...if price closes above the X line which is 0.96489,then we will see price moving to the norm quickly and then the sell off maybe...don't know whats happening economically but chf is coming strong from my analysis across most pairs though.

it will take nothing less than 3-6months of consistent contributions on other threads on FF and valuable comments before you are allowed to open a thread in FF...just saying the obvious though. so whoever is going to open the thread had better go create an account now and start working. i will be here though and keep this place busy with the other guys that will be here waiting too. I am not for or against the thread opening,am just giving out loopholes and where challenges will be found.

opening a thread in FF,you will have to be GOOD...i almost walked that path but i thought to myself what's the need. In FF,criticisms is in the highest level cos the world is watching what you are sharing not just 9ja only and God help you that the system or style of trading wasn't copied from someone and you are now forming boss on it,the owner will gladly publicly announce you. just be patient bro,time will tell. you owe nobody no explanations for your actions. just chill for some time maybe the mod thinks its too early for that. just my candid opinion anyway.

priceaction:
Jline ,are u a nigeria based in Nigeria? That pair ger30 kinda strange. What interest you in it buddie?

I am a Nigerian based in Nigeria...the pips it get to offer when you are on the right side. there are other stocks,indicies e.t.c. i will love trading but i need the ones that's worth my time. open up a Ger30 chart and just use your crosshair to draw from just a point to another,the pips in it is what i love in just a few candles or time.

omejeo:
ok thanks

UWC

omejeo:
JLINE this eurusd is it in upternd move or downtrend

sorry,just saw this now...its uptrend.

omejeo:
OK THANKS JLINE FOR YOUR INPUT .YES THAT W FORMING WE ARE GOING FOR ANOTHER LEVEL UP

no problem bro,we are here to help each other or better still watch our backs.

@ omejeo type %$ into your fib like the one on the pics below. use 1.80161 as the high and 1.38792 as the low off the weekly chart on the eurnzd.
you will have something more like this below too,the upper red line is the mid of 100 and 61.8 and the other red line below the 50 level is just a normal s/r...that W could be forming though but you never can tell,just my stupid analysis though.

my new outlook on eurusd...will gladly buy if price closes above the norm level with the normal 30pips stop and first tp @ 1.14xx and 2nd tp just 2.5% above the first tp.

will be selling Ger30 once price close below the short red line there but i expect a pullback because of the previous s/r marked by those arrows there...then when price closes below,will gladly sell till price hit the norm.
daily chart

gold went through the first red x and close to the norm at the second red x...i need a touch at the norm by the next open and a close below,then will the sell begin. patience is key.

updates on my trades...eurusd reached 150+ a close was a necessity.

omejeo:
According to weekly tf i think EURNZD WILL RESUME UP TREND .PRICE is sitting on support level and also on fib 61.8%.bullish bias my view .ANY INPUT IS ACCEPTED from the house

just wanted to show you something...put that 0 fib point where your 100 fib point is and take the 100 fib point where your 0 fib point is and then you should be able to project where price is going...just my 1cent contribution.

thanks to gbpnzd...what could i say more than this. eurusd @ +70 after the previous stop. ger30 did the needful and gold is still trying to activate.

jorel1:
am not in this trade , but i ď suggest stay with sell and eat this months candle completely .. i think this month candle for most GBP pairs gonna be a long one.
Although brexit or no brexit we 'll likely see new lows form before the bulls come in if the brexit gets a stay.

thanks

Lifecontinues:
I wish I had about $100,000 to trade fx, World bank will look for me by the time I start trading with 100 lot size.

1 pip gives $1000 and imagine basketing like 20trades with each on 100pips

Fx can make one imagine eeh

bros there is no imagination,i believe one day we will get there just like what one of my bosses is doing right now. he started early anyway.check the pics below...
we will get there bro and these imaginations will come to pass. @jorel1 what you think of gbpnzd weekly,everything screaming sell on the pair and i am targeting 1800pips.

well will eurusd be held...1.17 in sight but a little retrace might occur along the way.

lost the 37 on the uj buy...standing aside seems like gold and ger30 is hitting it up,lets go there.

eurjpy monthly seem activated for the buy...

risking buy on uj 37pips for 136pips TP...

waiting to sell gold,will wait for a better entry at marked positions though

JLINE:
looking carefully at the Ger30 1hr tf...price popped down to the box area and being held by the NORM properly by the NORM,there was a move up but price was held by the mild s/r red line just above it,if price happen to break the red s/r which is at 10117 level then there will be a buy trigger but in any case will be looking for a buy opportunity this time around,think the bear party is over. if the buy opportunity activate then we might ride 3000+ upwards.

banked in half the target and above and left to see another entry. chart below.

Now,i know why my previous handle was dragged down...my post was reported and i know WHO now. well lets leave that,lots happened and happening.

Eurusd 4hr tf...there might be a pull back on this pair but trading pull backs is somehow anyway but from the first chart if the blue or red x lines ever holds price or closes below it with price first touching it and coming downwards then will sell if price closes below the NORM level...on the chart is my edited fib and the normal fib which is red,you can see price close to the upper line of the NORM which is also close to the 38.2 level of the red fib marked with the red x line,so many obstacles for eu going up there.
on the second chart is also eu 4hr tf chart depicting on how eu plans to hit the 1.17 level but you can see the chart is squeezed in other to obtain a certain point of previous low and a present high which brings the fact that it may take time or not for it to be achieved.

looking carefully at the Ger30 1hr tf...price popped down to the box area and being held by the NORM properly by the NORM,there was a move up but price was held by the mild s/r red line just above it,if price happen to break the red s/r which is at 10117 level then there will be a buy trigger but in any case will be looking for a buy opportunity this time around,think the bear party is over. if the buy opportunity activate then we might ride 3000+ upwards.

First one on my list is Gbpnzd...analysis taken from the 4hr tf. price is currently close to the NORM @ 2.08469 and closed above it at where the blue x line is but i expect price to make it to the lower blue x line close to the thick red line area which will form a kind of a double bottom of some sort or so coming back to around 0.07886.if this happens and the lower blue x line holds price then we will see a quick move up back to above NORM level at 2.08469 which will activate the buy with stop just below the 0.07886 line level. the buy will be for a while maybe...
i said something about the brexit on my previous posts and its effects but remember brits are still in the EU till maybe after the poll, meaning everything happening in EU at the moment still affects the GBP pair and there are high impact news coming around why not risk a little.
Thank you.

Dropping my analysis on how i will be playing it by the next trading day or week,don't think will be chanced to do that by tomorrow or the next just maybe though.
Analysis loading...please take note of the words in between like "IF" "MAYBE" e.t.c and these analysis are just for educational sake not a reason to base your trades on. Thank you.

jadyclem:
@jline, thanks for ur candid response, I appreciate.

you welcome bro...

jadyclem:
@jline thanks for ur response. I have checked d last five pages and couldn't find where u posted d name of d norm line indicator. can u pls tell me d name of d indicator? thanks

JLINE: Its not an indicator...itsThis question keeps coming up at every instance in time or pms i get for it...well,what you see on my chart is a normal fibonacci tool...what you see as the NORM is the 50level on the fib tool. The only difference between my fib and the normal fib tool is that;i combined murrey maths,a little of elliot wave figures and the normal fibonacci and secondly,i use the fib as a price projection tool the other way round unlike the normal way its being used. There is nothing special Bro,hope we are good.

Its a Fibonacci tool that's on your mt4 platform with me editing it as said above. Thank you.

@mrikay...i have a clearer a perspective to analyze usdjpy for you using eurusd. current personal view of eurusd is to test 1.17xx to reach 1.24xx target and that will make usdjpy on the other hand have a free crash to 103.xx having a target of 100.xx or lower still very valid.
the first eurusd chart is taken off the 2008 high and 2008 low and the 2nd fib is taken off 2009 high and 2010 low,both almost coincides with another on the different levels but will work with the newer one though... there will be a point where yen and euro will look into turning things around though making an exchange in strength gained,at that point uj can rise and eu can fall,that point coulod be at the various NORMs lets hope so though. Hope this clears everything,questions welcome. Thank you.