₦airaland Forum

Bolutumiii:
Oga Jline and other Fx boss in the house, pls out of Standard account and Ecn account which one is the best, nd y.

Bro open normal standard account... ECN is an exaggeration if the account is not large.

JLINE:
Will long gold at 1227.67 just to ride to st norm before Lt norm is valid as a tgt.
Its time for gold to come to its st norm min tgt for a long at bolded.

St norm moved...looking to go long between 1228.58 and 1226.75 with stop below 1225.50.

Placed a sell limit on gbpcad at 7755 with 45pips stop while having 7708 being a bounce for limit to be picked. Tgt is 900+ pips,hoping to catch around 2k + here with 3 to 5 entries.
SHALOM

Placed a buy limit on cadjpy at 82.05(plus spread) with 35pips stop... Price is about to be bearish at 82.42 area and start coming to pick entry at LT norm 81.99.
While TP is 300+ pips at 85 area. Expecting to make at least 600+ here with 3 entries possibly.

JLINE:
Looking to go long on EU at 0947/0930 risking just 30 with TP at 106/111

Just went long now

JLINE:
Will long gold at 1227.67 just to ride to st norm before Lt norm is valid as a tgt.

Its time for gold to come to its st norm min tgt for a long at bolded.

JLINE:
Best second opportunity to buy Audusd again... Price bounce on norm.

Next valid tgt in au is 7455 then mt norm will be the next buy level.

Best second opportunity to buy Audusd again... Price bounce on norm.

aonag:
i think this pair still has some dipping to do before looking upwards.

The only thing it has to do is retrace back to my entry after reaching 7414 area and then continued upwards.
Let the market do its thing Bro.

Will long gold at 1227.67 just to ride to st norm before Lt norm is valid as a tgt.

Looking to go long on EU at 0947/0930 risking just 30 with TP at 106/111

I entered long on audusd at 7400 with 30pips stop...TP is open.

Live rates...just in case you took a position before the weekend.

aonag:
did you take an trades in anticipation of Macron's win?

No

There is gap as expected... Waiting for market open.
Eu at 1030 area last I heard but not so sure and uj at 103 also,confirmations from market open will tell.

Newton's Law of Motion

Isaac Newton's Law of Motion: (law of inertia)

"Corpus omne perseverare in statu suo quiescendi vel movendi uniformiter in directum, nisi quatenus a viribus impressis cogitur statum illum mutare." (Every body persists in its state of being at rest or of moving uniformly straight forward, except insofar as it is compelled to change its state by force impressed.)
First Law: An object at rest tends to stay at rest, or if it is in motion tends to stay in motion with the same speed and in the same direction unless acted upon by a sum of physical forces.
Second Law: A body will accelerate with acceleration proportional to the force and inversely proportional to the mass.
Third Law: Every action has a reaction equal in magnitude and opposite in direction.



========================
Explanation:
Newton's law of motion should be the first technical thing you must learn about charts. This law applies to charts. The law of inertia.

Prices move... Movement is motion... You need to understand how things move, how the prices move... It moves according to Newton's Law of Motion.

This is how momentum works. When you have a lot of momentum behind a trade, your risks are greatly reduced. Why?... because it would take a lot of force to change the direction. It would take a lot of force for your trade to go against you.
#copied

I have been trading for 2 yrs and 6 months.

orfilla4:
Hey bro. How many years have you been trading forex? Just curious.

3 years learning and 2 years trading... I always love to answer this question as 2.5 years of trading.
Years don't count,if I had learnt the right things at the right time I won't have had to waste so many years for it.
Well that may be the price to pay though,the tough times and some few years of trying some stupid stuffs online.
I don't really care if someone had been trading for 30years,the results are what I am concerned about because too many traders brag about the number of years they have been trading without corresponding results. Thank you..

EZEIGBO1OFIMO:
Great weekend Motivation sir

Thank you for the kind words.

Socrates' Wisdom: Secret to Success

A young man asked Socrates the secret of success. Socrates told the young man to meet him near the river the next morning.

They met the next morning.

Socrates asked the young man to walk with him towards the river.

When the water got up to their neck, Socrates took the young man by surprise and ducked him into the water.

The man struggled to get out but Socrates was strong and kept him there until he started turning blue.

The young man struggled hard and finally managed to get out and the first thing he did was gasp and took a deep breath.

Socrates asked. "What did you want the most when you were under water?" The man replied, "Air".

Socrates said, "That's the secret to success. When you want success as badly as you wanted air, you will get it."

"There is no other secret.

A Motivational Story

Once a upon a time...

Man was very inquisitive and very interested about predicting the weather. It was a very important issue in getting it right (mostly for agricultural reasons). Man used omens and divination to predict weather. Later on they found a more accurate way of predicting the season with the formations of the stars.

Fast forward to the year 2010 and man have come very far and developed new ways and technologies in predicting the weather. Even with our current technology, with the super computers we have, predicting the weather still isn't 100% accurate. Hence, the saying; "Since when was the weatherman correct about the weather!"

Rewind a little, with the introduction of the computer. Man celebrated on how this technology would help in predicting the weather. The computer can calculate tedious data in hours instead of days. Man saw a great potential and went straight to work, developing the computer to help him in predicting the weather.

As with any endeavor, it was faced with setbacks and failures. You see, Man found out that the computer wasn't as consistent as he hoped it would be. The results were slightly better, but nowhere close enough to acclaim that there was a consistent measurable result... or reliability.

So, they invited the great minds, experts in the field and anyone else who wanted stand up to the challenge. They invited people to write a code for the computer to predict the weather (of course the winner would receive a prize).

There were thousands of code that were written and developed for the computer, but it did not produced the significant results. There were codes that took into account hundreds of variables, some codes took advantage of major variables, the codes ranges from the simple code to the very complex code that seems out of this world. But the results... the results were below the median, meaning that the odds were the same as tossing a coin (heads or tails) in predicting the weather.

But there was one code which was the winner... It produced a more consistent result and it out-classed all the other codes in performance. The result of the code produced way above the median, giving good reliability, but... it wasn't 100% correct. It was more of like 60%-70% correct, while the rest of the codes were producing only 10%-35%.

To the everyone's surprise it wasn't a complex code... It was a simple code, nothing more... Actually, the code contained only 1 line of coding:

Code:
"Tomorrow's weather is similar from Today's weather."
#copied

orfilla4:
I don't fully understand your analysis, but I still like it. Thanks

Lol
Place a line at 80.29 and 83.61...look for an opportunity to sell till 80.29. From my chart,the opportunity is happening now.

orfilla4:
Maybe the file format of your screenshot is not accepted.

Pics below.

orfilla4:
JLINE: Ok, so here is the detailed analysis you're requesting. Read it carefully and execute properly.

For this pair audjpy, only one thing is for sure, it will either move up or down. And you have two options, either buy or sell. So what you will do is flip a coin then buy if it turns head or sell if it turns tails. You have 50% chance to win and that's a pretty good chance.

So there you have it, your detailed analysis. Good luck.

I don't understand... Was having issues adding pics to the analysis and had to post first now.

orfilla4:
Your detailed analysis please.

From this first chart,you can see price coming from a down trend creating ll and lh consistently for a very long time using the weekly tf...price got to the new high labelled green which broke the previous high at the blue area just before it changing the trend to become bullish making this green area a new H and the previous red area a valid L.

On the second chart,price missed a regular larger norm move at 80.29 which was supposed to hit but rather dropped at a range and mid.

On third chart...lower tf, price closed below st norm but having a retest now which is almost the best entry for a sell downwards.
Note: watch out for news on AUD coming up which will push price faster to tgts or new figures.
Move: price will come to larger norm tgt at 80.29 and then a move up to 87 levels and higher.

orfilla4:
Hey bro, what do you think will be the direction of audjpy next week?

I'm actually planning to buy it.

Do you want every details or just direction ?

Call Tobe Faloye 08095727528. He is very good.

There is high possibility for GBP pairs to gap up across the board come next trading day...st norm tgt are still above. GU 35 GJ 147.2 GA 813 GChF 339. GCAD 795 and GN 934
Waiting for all these st norm tgt,then there will be a resumption of trend.
SHALOM

Uj at strong R areas and I expect a gap up during the weekend too. Looking at 113.39

JLINE:
Any mini pip above 09785 will send EU possibly to bolded.
Still Watching...st larger norm tgt
Edit: 0979 better

Already above and price missed EU 10 with just 2 pips at 98 while other brokers already have 102 on their platform.

Please if you get this mail,it's a spam( if you download the zip file all your log in details will be sent to host mail) please be warned. Don't download and be careful with files you download in your mail sent to you by strange mails or not confirmed friends.

Here is the mail :

Subject: Binary Options RSI Strategy (For Nairalanders)
To: @
Date: Thursday, May 4, 2017, 12:24 AM

Fellow Nairalanders,
This is your guy young modulus, and as
per request of those who asked me
for tips on how to trade binary
options, i've attached my
RSI strategy to this email, So kindly
unzip the file, run the unzipped
file and begin trading.

The email address is : youngmod@gmail.com
The person could use other mails and there was an attached zip file(the virus).
SHALOM

JLINE:
EU tgt of 10 , 11 and 13larger norm will likely push uj to 108 and 106 with 100 norm tgt.
Nevertheless if this EU norm move is missed due to upcoming events then we would see price st norm at .0759 the previous missed norm tgt which might initiate the larger bull move or the retest of .0584 norm.

Any mini pip above 09785 will send EU possibly to bolded.
Still Watching...st larger norm tgt
Edit: 0979 better