₦airaland Forum

#GBPAUD EURAUD both dancing by their monthly pivot, sell now for TP of 550 and 450 pips respectively.
invalid if current resistance is breached.
SL

#GBPJPY opened sell

#GBPAUD, found it high for the week?? to sell

harizonal123:
Just standing by and waiting for an opportunity at the end of the day.Trading on mondays is always associated with low volume & I have learnt my lessons

Well, 2O0 pips and counting today already
Thanks to GBPAUD GBPJPY,

#GBPAUD, just opened a buy

Capitals:
Thats great bro, used to think you traded short term cos you are always in touch with your fundamentals, news . . .

i trade only GBPAUD or GBPJPY (when it recovers from hibernation) swing or short term ,
Look for long/medium term opportunities with other pairs...
And spike trades where I watchout for News report with very significant deviation from forecasted value.

we seem to share the same trading style , long term

Capitals:
How I fared this trading week, 1 tp hit AUDCHF (320 pips), no loss, no break even, 1 new trade EURAUD buy. can only attach four charts

#GBPAUD, an over the weekend Gap is likely, lots of downside momentum before friday close.

Thou Shall not kill

$EURUSD back to month open 1.0970...

jorel1:
sell GBP, now

#GBPAUD spike entry down 350 pips already , staying with it till i find a good reason to buy
#EURUSD selling on current retracement price until breakeven or heaven knows when

#GBPAUD, officially bearish for the next couple of weeks i suppose

$EURUSD average staying >200K per month job added!Looks like a sign of a healthy economy? No reason for not raising rates now

$EURUSD I predict we may see 108 at some point today, starting now it will be a glide down to 105 until Sep. On Rate rise 102-103 then parity

currentprice:
i knew you looking to sell eur.usd the reason i bold quote the part ,,,my chart is giving me a buy signal that was why i ask if you still going to buy dollar (sell eur.usd)..... already in the trade anyway

Based on the weekly chart ,the the sell wagon already took off from #1.1447 just waiting for a right entry to sell, result from todays NFP will determine if it the EURSD price goes up to find a good sell entry for me...if result says otherwise to sell then i sell from current price after todays release.

If you are already in a buy (EURUSD) then stay with it ,the outcome of the News will determine if you profit from the buy or profit from a sell.

Today’s NFP Employment Change release is forecasted at 226K while the Unemployment Rate is expected to be at 5.3%. If we get a significantly lower release on the NFP (154K or worse) and slightly higher Unemployment Rate (5.3% or more), I´d be looking to SELL the USD against stronger currencies as speculation for Feds to potentially delay the timing for the first rate hike. On the other hand, if we get a strong NFP release (294K or better) and the Unemployment Rate falls or remain at 5.3%, USD could strengthen and I would BUY USD against other weaker currencies.
If we get a conflicting release, then well wait and see how the market reacts first. If there is an overwhelming sentiment driving the market, well get plenty of opportunities for an entry if we just wait for 5 minutes after the release; you´ll get a much clearer view.

NFP Trading Strategy
Let´s talk about how to trade this release: We´ll wait for the numbers to come out but continue to hold on a trade, Even if we get our tradable figures (294K to 154K). Wait for a possible revision of the previous release number of 223K, and market usually overreacts with the Revision and chances favor that a solid trade will present itself if we don’t get a conflicting releases between the revision and the actual release; at this point, still stay out of the market.
Then the next step is to wait for the Unemployment Rate, which is expected to be at 5.3%. If the Unemployment Rate were to surprise higher, we’ll have to make a decision based on the market sentiment coming into this release… Of course, if Unemployment rate were to fall below 5.0%, then we should see a surge in USD as traders speculate Fed accelerate rate hiking process.
After all of the numbers have been released, wait for the market to push and wait patiently for a decent retracement before getting in. Look for recent support/resistance areas for entry as a high impact news with various components are extremely volatile, and those who are patient will always get a chance to enter with a much better entry.

currentprice:
brother,,,,what you saying on eur.usd fundamental. i want to BUY the pair ,,,the candle price support the BUY ACCORDING TO MY CHART

well, technically buying the #USD means selling the EURUSD ..which i meant long term.
about today, anything >200k is still bearish for EURUSD

Liquidity providers for Nigerian brokers > Access bank ,skye bank, Union bank ?

#GBPAUD , week ending bearish, probability next week tends bearish is 92.78%

EmmanuelD1st:
Are you a Nigerian or do u reside in Nigeria? If yes, how do you deposit and withdraw via skrill and paypal?

Easy, just register and submit passport + proof of residence(bank statement)

Hmmmm. Even mere commissioner

I deposit and withdraw via skrill, netteller, paypal , alertpay without problems
why are others finding it difficult to deposit

jorel1:
I think GBPAUD destination is that white MA..i dont see it going up anytime soon

still watchout for my white MA

sell GBP, now

FOREXMART:
Lol trust me they are very well filtered.

These are the only high impact news releases for the week expected to move or cause commotion in the market this week

GBP Manufacturing PMI
US ISM Manufacturing PMI
AUD Retail Sales m/m
AUD RBA Rate Statement
GBP Services PMI
US ADP NFP Employment
US ISM Non-Manufacturing PMI
Australian Employment Change
UK BOE Interest Rate
Canada Employment Change
US Nonfarm Payroll (NFP)
and Me

FOREXMART:
careful if trading today, there's a total of 34 fundamental events till 3pm. Heads up.

lol 34 fundamentals, well probably you need to filter your economic calendar properly in order of importance.
However there will always be fundamentals, i have come to believe these fundamentals create lots of panic and fear in trading, just focusing on your technicals is sufficient to trade , the so called fundamentals at best or worst case scenario create a spike of 100 pips (loss or gain)..
Most times i am correct with my technicals but due to fear of fundamentals i close the trade only for the price to continue in my direction after the news release.

If you are not comfortable with this then ignore the currency pairs bearing the fundamentals and trade a pair without fundamentals for the day.
or better still get an entry at the right time so as to be far from current price when the news release is out.

Third world countries lagging behind in everything

jorel1:
Took profit on GBPAUD buy , shorting it down to >>#2.092
Short GBPNZD at supposedly good price (high)

I think GBPAUD destination is that white MA..i dont see it going up anytime soon

beejaay:
any good broker recommendation with easy deposit and withdrawal aside forextime....i need a good broker with good pricing and customer management

www.earnforex.com/forex-brokers
read the reviews

femadesh:
Hello house

Can anybody please put me thru or link me to a site dat explains how to add an EA dat is in .exe format to an mt4

Thanks

Click file, >> data folder>> MQL4>>experts

Took profit on GBPAUD buy , shorting it down to >>#2.092
Short GBPNZD at supposedly good price (high)

#EURNZD good place to go short for long term