₦airaland Forum

gaelllic:
Anybody feel EURUSD can make 1.1 before tomorrow?

lol, are you trading 1min timeframe?? EURUSD is already in 1.1..
How many decimal places??

It would be nice to see the ROI of day traders here, by end of day just post your net pip profit or net pip loss ...do this for a week , not for fun or judgement but just for statistical analysis to proof right or wrong the myth about only 5% of day traders making it in forex and to see if day traders are running in an endless mirror maze.
Ofcourse I am excluded from participating in this exercise because am not a day trader..
CEO forex

GBPCAD , is this sell for good or a retrace to shoot higher ?? Moreso, i don't think the Boc rate decision carries much water to cause a breakout..
Already in - 400 pips on this pair

Making money trading the news rumour ..still .nuturing open positions.
The actual day of the news is always full of confusion...

Lol , seems the weekend is reserved solely for quarrels and I sabi pass wankers .. so make i join
And for those wanking about head and shoulders, like every other natural pattern such as Fibonacci, these are patterns which occurs in every random event chart including weather, clinical instruments and ofcourse markets.. trading with this patterns is still a 50/50 probability event...for example, if you decide to ignore the likelihood of a bear sentiment against next weeks US fed rate decision all because of a bullish head and shoulder pattern , u 'll be in 4a supprise.

GBPUSD bullish movement was only due the BOC interest rate which striked a bullish rally for GBPCAD USDCAD which in turn affected the bearish movement of other GBP pairs - talk about correlations-.

So depending in a trader's time frame perspective, trading against your favorite head and shoulder pattern doesn't make the trader an amateur.

Mr EZEIGBO1OFIMO is correct except bringing in the issue of bond pricing bla bla , the knowledge of this is not neccesssry to trade in the market neither does working in financial sector doesn't make u a good trader ( btw, if you mathchicks are so good a finance expert, why do u depend on following other traders here?) surprisingly most traders in this forum are more knowledgeable in financial economics even without a finance related degree and trade better than those who work in finance.

olly12:
Well it cant be better than this, we will teach you how to do this in a professional way Seminar is Thursday and Friday next week address is on the post above come collect free money to trade and learn how to use it well.

Okay, I would like attend your forex seminář, but Since you trade with demo account, could you please post your demo earning statistics as an account statement over the last 6 months.

Lol, someone is seeking attendees to forex training seminar based on results of a demo account..
,

Tom29i:
Thank God for new day. for those reading pls forex is not get quick rich. due to dis fact so as not to mislead others with my post I am going to be doing 45$ to 4.5k or 5k first quarter 2016. I may be adding additional fund come January. do not imitate me cos u don't know d efficacy of my system.

Also., my experience over d years thought me not to trade more than one USD base currency or commodity pair cos 90% of time they move in same direction. beware of over trading , correlation. therefore I have adopted one pair only whether move or not. patient pays long run.
EU will soon fall . same with gold

hope someone learns.

Chronicles of a mastermind you all follow here thy brethren and you shall succeed..
Now i believe in your 45$ to 45K mission

GBPCHF , that drop
Take me to #1.31

Whao too much money today from GBP pairs initiated weeks ago..+ AUDNZD all sell

olly12:
Sorry for posting late here today it been a hectic day for us at Comex Capital.
All Euro pairs are going up new opportunities are just presenting themslves to go long now.


EUR/USD
SIGNAL: LONG 1.0832
SL:1.788
TP:1.0967

EUR/GPB
SIGNAL LONG 0.7187
SL:0.7150
TP:0.7216

EUR/JPY
SIGNAL LONG 133.63
SL:132.73
TP:134.33

SIGNAL LONG 0.7187
SL:0.7150
TP:0.7216

EUR/AUD
SIGNAL LONG 1.4911
SL:1.4741
TP:1.5136

But I don't think you nor cumx capital owe anyone here an apology for late post

They give me a false sense of security and cost me money in the long run..the most important is knowing when to give up, when to take profit and trading off significant pivotal levels.
If black monday or 9/11 situation occurs (1/1000 chance) then I either win big or lose big.period

People are only conditioned by conventional thinking and can't think differently, that's why, brokers still have shiny days ahead.

olly12:
Well its funny hearing different comments, firstly, some traders thinks they are good when they make profit over some period of time i tell you this, and am more than 100% sure that's not correct. To my friend that cant remember the last time you put a stop loss to your trade i bet it you think the market cant move 500 pips in a row within 4hours well you have to check history bro, price can move even more.
The problem most traders is not the price prediction that makes us to fail its just our mentality that causes our downfall.

Cool down, every trader fails and wins , with systematic and mechanistic optimised approach you can defeat the market.
The fact i don't trade with stop doesn't mean i don't have a mental stop..
But anyway, don't worry, i have a enough history and equity to cover - 2000 pips
Instead of your advice based on your einstein mentality, Your concern rather should be learning from me on how i trade like an investor without stoploss...
there is no law that says stops must be used, its only what the brokers encourages clients to use so they can stay in business..its not my fault if you don't have the intelligence or IQ or education to invent strategies to optimize your trading skills.so if it works for you as a new trader, use it..don't follow me

Ogboraph:
for you to trade that way , which mean yoiur lot size must be very low 0.01 or 0.02 with low leverage. my stop loss always 30pips to 45pips o GU and EJ. by now you should learn leson

lol , low lot size or huge equity ,
Actually, my main worry is not the incurred loss but being on a positive side of market and getting stopped out because of the use of a last minute stop loss...

I can't even remember the last time i traded with a stop loss ,
Sometimes, from - 500 pips to + 1000 pips.
peace of mind.
I was already in a EURJPY buy since 3 weeks , I don't know what made me place a stop loss on that trade yesterday, even though the pair was on a nice oversold support area . Probably the sily interest rate news. Stop loss triggered and closed with - 200 pips.
No more.

favourume:
Why?

Did you follow my advice?

Owliver:
o agree it will most likely give sell opportunity but dont bank on rate hike oh. see as eu surprise people with them rate lol. people expected a cut

well the sentiment has always been to sell the rumour and buy the news...
just like u once said, open position long b4 the news release..Today's scenario is a typical example.

EURUSD GBPUSD retracements offers good opportunities for sell entry against next weeks interest rate decision from US...

brainbucks:
Oboyeeeee!!!

EUR is on a mental case right now walahi talahi!

Best to stand aside with popcorn and watch in 9D.

Chai I just dey sorry for every human species wey dey unfortunate to be caught up in this storm.

Chisos!

Its not mental, its an expected scenario. traders already sold it finish pending the anticipated rate decrease ,and the news came out a stalemate so now there is no reason to sell something oversold..however the panic is not necessary as this only affects the 1hr timeframe traders

favourume:
Just closed a deal and made $30.72, my first ever. God make e dey b like dis Õoooº°˚ ˚°º

Withdraw everything deposit + profit now..
don't continue ..

The EURO intends to as well drag its siblings down today ..
New lows

samindehouse:
I think you are myopic. Maybe you should ask yourself why the best professional Forex traders still sell you their trading systems and offer paid mentorship. Do you think they don't make money from forex?

Just to show you the high level of my myopia
Actually they don't make money, forget those videos they make on YouTube. Moreover, what is your criterion for considering them as best? , do you share the same bank account with them
Just like the so called forex mentor who duped a woman on this forum of her $1500 , i could make a seminar on youtube or write a book about trading and it sounds so nice and professional but yet i make loses everyday or dont even have the liver to open a position.
Nonetheless, Japanese trader who made $13 million in forex this year doesn't sell book or signals .

brainbucks:
Huh...what about GBPCHF??

Go.Buy.Plantain.Come.House.Fry??

Instead of initiating argument, if you had gone to your chart immediately to see what was going with GBPCHF, shebi you wud have made about 300+ pips now..

samindehouse:
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Subscribe only when you are convinced.
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Lol, sometimes, I wonder how one who claims to be successful trader making money still looking for kobo kobo selling signals, it just doesn't make sense...
if i make millions as a realtor, why would i need to bother myself to sell tomatos ??.

Edd1e:
hello guys, just watching gbp/usd , already long on the pair cos
price is far from daily kijun sen meaning oversold/ disequilibrium, there is a corresponding harmonic pattern to buttress the buy condition, however, there is still a slight momentum to the downside cos of the angle of 4hr kijun and 100 ema, so the impending buy position might be a pullback. looking forward to sell back if price bounces off the purple res or kumo bottom/top or breaks the lower fractal to follow the trend

Lol, looks like world map

Nigerian CBN cuts interest rates by 3% , market expected to react

Owliver:
dont bank on that. its risky

Virtually everything about forex is risk., so if the opportunity presents itself for you to take a calculated risk based on a hypothesis.. ; why not

iheanyiebeneze:
Do also remember the possibility of ECB rate cut by December...

rate cut for EU + rate hike for USD...thats ofcourse a combo for the EURUSD..

US economy added 210000 jobs in October...december rate hike feasible..
Brace yourselves and be on the right side before then.

jorel1:
#usdcad , [s]selling using 1,3346 as escape route resistance [/s]
#GBPcad , selling using 2.0320 as escape route resistance

600 pips down ,
200 pips to destinaion

jorel1:
#AUDNZD , opening a sell for long term on next 5mins retrace

618 pips already
aiming to break low of 2014