₦airaland Forum

GU

making money is spiritual oo... make nobody whine u ..this forex matter ehn. just pray you never blow up before the market makes its good move.

Gold trade

For newbies, number of pips don’t matter but your risk to reward ratio.

kozmicity:
GJ and GU.

EJ has something similar to GJ, but I'm waiting to see how it develops.

Nice one… we trade in a similar fashion . 👍

Donsheddy:
That trade na 50/50 i no trust the bulls and i no trust bears....
I sha go with bears cus of dxy...
And London guys came in with strong bear presence...
Make we dey watch them with one eye...

Bulls dey vex ,, price has stayed too low. Anyway I sha know even if bears 🐻 will come in na till Newyork session 3pm

dmahn:
All I see here are bulls. Willing to add to position on any little retracement. I won't be surprise if price breaks 140.000....I think VAP is relying on RSI oversold and divergences Trade safe boss.

This is what liquidity and imbalance solves thou.. I checked the UJ chart and I saw that price had a sell imbalance on the daily which it went to mitigate. So VAP is kinda right thou. Yea I think so it relies on RSI oversold and divergences

Donsheddy:
Morning Guys so i saw the bull move i no too trust am...
Even thou im not too okay with bears i took now cus of eurgbp bears... Dxy is giving me some confidence....

Entry 1.23592
Stoploss 1.24052
Take profit 1.22659

Rrr 1:2

Abeg buy oo.. why u Dey sell for demand level

GU buys solid for the day till Newyork session

Omo the one time I try to be a swing trader I no like see reds before my trades turn blue. Na swing - scalping for me oo

I’m I the only one seeing a reversal on GU after FoMC

Seems GU will continue its bearishness today

rhynoemmie:
Omo the people waiting for this pair to fall eeh

Very stubborn pair

Very stubborn ehn..JPY is a dirty weak currency ..

found the snap tool

XAUTrader4L2:
Analysis on a big screen is just nice, makes you feel like a guru . But this is investing dot com and not tradingview, tradingview has a tool to take a snapshot instead of what you did here.

i swear bro

Gold and GU Chart analysis from desktop 🖥

Gosh I’m deleting my TradingView mobile asap.. so this is what big screen guys enjoy.. henceforth for me no laptop no trading ..
chart analysis from a desktop so crispy clean n neat

dottozil:
Thanks, but that 5 minimum trading days na problem o, na everyday person go they see trade set up?

No.. within 30days you should at least trade more than five times

iichidodo:
[color=#1986BC] Who's longing GU?? Remember, hold till 6pm. Easy peasy, 10,000$ easy..[/color]

Time to short now..

reload your bearish 🐻 gun on GUfor another leg down

meshpips:
Secondary school maths nor be waste of time. We were taught about :
Measures of central tendency - mean (or average), median, mode etc
Then
Measures of dispersion: Range, variance etc

Your ATR indicator measures dispersion. Use it on the H4 time frame, you will see that the current H4 candle has exceeded the Average value which the ATR gives.

Use another indicator that measures dispersion - Bollinger bands which is basically standard deviation (set deviation to 2, period to 24 and shift to zero).
We have 24 hours in a day (this is why I used 24 periods on H1 time frame).
You will see that price has CLOSED below the lower band.

Statistics has it that about 90 or 92% of the normal distribution reside with the envelope formed by 2 standard deviations above the 24 SMA (Middle band) and 2 standard deviations below the 24 SMA.

Once and if price closes below the band, you can begin to look for reasons to buy and expect a reversion to the mean (average) price

We have seen the close below the lower band. We have seen price fail to make a new low in the just completed hour (thus forming a degree one swing low)

Bulls are around bro!

Professor 🥸you are right thou .. there is lack of selling @ the moment because sellers want to sell at a premium level hence bulls will take advantage and move price back to the mean

meshpips:
It should be about 50 pips.
Put any measure of dispersion indicator on your chart. You will see the clear over-extension to the sell side.

A mean reversion is needed for a corrective wave before any other impulsive selling can be considered.

Nice 👍 one .. this is what we should be s discussing on this thread on a market week .

Donsheddy:
Gu drop jusr started....
No sign of bulls yet...
Bears just broke a key levels...
They should drop more

Omo that GU na continous selling oo.. every retracment na chance to reload for sells again .. until 1.2305 before we can be watching out for reversals.

infofirst:
Thank you. Nope.

Okay.., it will faze out pretty soon.. stay tight

infofirst:
I want to express my gratitude to everyone. I value each and every comment, wish, and prayer that has been shared with me. It serves as a valuable lesson for all of us.

It's important to distance ourselves from negative thoughts, emotions, and individuals. The condition I am currently dealing with, known as Vertigo, seems to be influenced by an unconscious accumulation of negativity from various sources. My inner ears seem reluctant to release all this information, leading to severe dizziness and vomiting.

I find comfort only when lying down, as sitting or standing causes discomfort.

If anyone has personally experienced Vertigo, I would appreciate hearing about any remedies or solutions. I have also explored therapy videos on YouTube, as certain exercises have proven helpful in overcoming the condition.

I have undergone all possible tests, scans, and examinations, and everything appears normal and negative. Therefore, infection or similar issues are not the cause.

In a humorous sense, I suspect that my ears have accumulated an excessive amount of "charts" information and are unwilling to let it go. 😂😂😂😂

Speedy recovery man.. I feel this has to do with ur neural systems… like ur doctors prescribe rest and lying down on your back will give you more ease. meanwhile do you work in heavy machinery areas with large amount of decibels?

.

Make Una leave overload for agbero.. market has enuf shege to show.. why waste ur strength arguing here..

smilinguy:
Make una no dull o

Omo the fundedtrader is really going all out in taking that market share from ftmo and mff.

iichidodo:
[color=#1986BC] Left GU for UJ shorts...I hope the GJ will affect UJ favourably, till tomorrow.[/color]

Sure it should.. fingers crossed

Who’s on GJ .. seeing a massive 300 pips move down from here

iichidodo:
[color=#1986BC] Me...As usual from my 2pm stand point. Sorry, I couldn't give the heads up before then, the last time I did last week Monday, GU just refused to come down till 7.am the next day..[/color]

Nice one.. but I’m seeing a reversal tomorrow London session..

Who’s shorting GU..