JLINE's Posts
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mrikay:for gbpnzd,i wouldn't say much but will wait for price to react accordingly. USDJPY,i have been watching a script play my friend but i wanted to ride the pullbacks and i got burnt...the script is based ofF weekly and monthly tf though see chart below. EURJPY is still in play my friend,its patience...price has not closed below the NORM but just went through it and there is still a mofu line just below the line and those red X lines are what i watch for price reaction when price gets close there and those red lines you see are 61.8fib and 38.2 fib around so. so,we still in shape very soon the buy will start and we will ride for long i think but not today.see chart below. Always remember,i trust my NORM but i wait for price confirmation before i jump the bait. hope my explanations is clear enough.
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jadyclem:i answered this question just a page back or so. its not an indicator,its a fibonacci line. Thank you. |
usdjpy hit stop just below the norm...loss of 45pips though
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Today is a good day my friends...cheers ...today we merry for next week we consolidate. Ger30 hit target in few secs...old and new chart below. sorry,forgot it hit around like 950+ pips just to say. LOL
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JLINE:http://www.bloomberg.com/graphics/2016-brexit-watch/ |
when fundamentally its normal for GBP to be bearish and then you check technicals and it keeps screaming bullish,then you ask yourself what those mofus are doing ? then you just realize those mofus are planning to put some retail traders out of business for good...if you know the poll date,then keep it close it won't be funny what will happen and remember stop loss doesn't hold your broker from misbehaving if the worse occurs except you are dealing with an american regulated broker which most Nigerians i believe don't patronize because of high initial funding rate. Thank you. |
Lifecontinues:This 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. |
still waiting for the silver,when price hit the norm then we ride...patience.
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Ger30 sell activated as 30mins candle closed below the lower line of the norm,lets go for the 800pips hunt downwards back to the 100level side.
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i have a reason to buy usdjpy more likely,a bounce off the norm like that will do the needful. normal stop too,lets make it below the norm though like 45pips stop and tp @ 230pips.
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Oluseyijay:go to their site and click on deposit using atm cards and follow the process carefully but remember to have more than what you want to fund on your gtbank account due to exchange rates difference. Thank you. |
just sold my euraud again with 30pip stop,hope this one plays better though. |
mrikay:if you enter that trade again,could be on a bright side though...it seems all pair against xxxjpy is going north come tomorrow and after then. |
mrikay:Nothing like that,I don't believe those fairy tale of market stuffs...its pure figures and trading for me. Was trying to play pattern and I don't really know pattern that much except my NORM fib style of trading. I think I missed the gbpnzd buy entry too. |
mrikay:I missed the trade,always busy these days that's why. |
Might close the trade back seems I still entered too early,will wait after tomorrows bunch of news to be given. Still bleeded a few pips though. |
JLINE:Was stopped out of the Euraud trade...Audjpy trade is still playing. |
mrikay:yeah a buy now is the best go at it but i need a confirmation from the 4hr tf though cause entering this trade just off the monthly like this might mean catching a falling knife,a little move down will be good for a better entry.
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mrikay:Thank you too...no more downside except some fundamental and even at fundamental we still go up maybe. luck to you bro. |
The wait for gbpnzd is about to start paying maybe.price might get to the NORM or not but will still give it time to visit it though. Buying still cooking up maybe.chart below...
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@mrikay...i got this monthly chart for you bro,the set up is off month tf. price just bounced off the NORM,it just hit it at 121.891...so,will prefer you looking for buy opportunities on lower tf. see chart below.
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I just sold euraud and bought audjpy...determine your trades and entry,this is not a signal but just my personal entry time. i hope you understand the risk. Thank you. |
well, Audjpy and Euraud played as expected time to enter trades accordingly...entering trades at the close of todays candsle,patience is a virtue i must tell you. Gbpnzd playing as expected but the draw down to the NORM so quick is something too quick,will be back. |
mrikay:i will bro |
will be looking to buy Gbpnzd and Gbpjpy for a long term...waiting for the entry. |
JLINE:the break just ocured downward but the big question is : is the the break for real ? will wait the the end of the day to confirm the break and will give how i plan to play it. below is the old and new chart respectively off the daily chart.
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JLINE:This trade is playing the buy side and the stop on the sell already hit and currently @ 45+ at the buy side. |
JLINE:price currently topped and there will be no further up move till end of today candle...if it plays like this then there will be a quick short and the next buy signal will be the 2nd entry i mentioned earlier. the first chart is the 4hour chart i dropped before and the 2nd chart is the new daily chart i drew again. Thank you.
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Hi guys,good afternoon...am having the opportunity to look at my chart this afternoon and price did as i projected or scripted,so will play accordingly. will pull up chart and past posts now. Thank you. |
lol... ![]() |
Audjpy made the break on a 4hour chart,could deliver up to a 100pips upwards in total before we come back to the 2nd entry. i will ride the 2nd entry looking at nothing less than a 400pips trade. Gbpjpy looking good too...think tomorrow night will decide which way i go but already dropped a chart on gbpjpy monthly before and how it plays. figures might have change,will drop the update before taking the trade. I had a mix up on silver earlier but there are clearer figures now,will be re-entering the trade also think tomorrow night too if all i am expecting plays out. There are other pairs,will just drop them as i enter each trades too. i expect erratic moves this coming days starting from today with nice volativity too. |
closed all positions in profit anyway,month is coming to an end,need a clear head start...left jp225 trade but played it buy and sell at the same time with 30pips on both sides and Tp of 90pips on both sides too,so will be catching 60pips either way. planning on going longer time frames too like say weekly and monthly too. |