₦airaland Forum

Brent long TP 111.56 SL 109.52

honeric01: Well, my SL is for one purpose, correction, i believe if i enter a position at the right time, then i shouldn't be using a large SL. using large SL to me means i am not sure of the direction.

It's okay. I am trying to get more proficient with picking tops and bottoms. That 80-pip SL for about 290-pip profit is very very fair to me.
Sometimes, I see less than 10-pip draw down on my trades.
I'm still working on my efficiency.

honeric01: I sold above the 94.xx mark. with a tight stop.

Also sold EJ (risky) but a tight SL too.

Okay, but me nor dey do tight SL. If price gets above 94.73 then my analysis was wrong and I will accept the loss.

fxbomovi: Careful with the sell. I see a uj continue rise till ahead of nfp 2moro

Thanks bro.I have my SL at 94.76 but I sincerely think it is going to drop off from here.
Let me try to help you see from my perspective. Check the daily candle on the 25th, it is clearly sell laden, anyone that failed to get in at that level on the 25th would see this as a great opportunity to go short and assuredly, many traders will go short.

zinosleek: sel eu with tp 1.2885 and sl 1.3072

zino,
please be careful with this sell. 1.3063 is where I expect the sell-off on EU.

honeric01: Ok, i haven't been able to spot a long term trend on UJ, even though i have been seeing 100 for a while now, just not sure if it's going to come soonest. for downward move, maybe to 92? maybe? not sure yet.

I see 93.96 as resistance. I suggest a sell from that level. Part profit can be taken at 93.34 SL at 94.75

Hi naijababe,
what do you think about WTI long at 90.19 and brent long at 110.48?
I think the trades can work out quite well and could possibly be held for a couple of days.

naijababe: Not selling gold until i see a decisive break of 1567 on the 4h tf.

It's okay. Just be careful around 1564, we might have that level as support.

naijababe: My goodness. See ranging, all because of Nfp. Na wa o

you can check gold, I expect a sell off from this level (1584).

Hi ayox, check USDCAD weekly chart there is a bearish bat with confluence on a supply trendline. I know you do harmonic patterns. Have a nice weekend.

I suggest AUDUSD long. The chart just showed a bullish engulfing candle at a previous support (1.0219) on 1hr chart. Stop loss 1.0194 while TP would be around 80pips. Happy trading!

HQ: Kept a sell order running from 1.589. A good balm over yesterday's losses.

I suggest that you cover your short trades. A re-entry at 1600 might work for sellers.

126.51 looks like a good level to add longs to the EURJPY trade.

LaconicINC: EJ buy,anyone?

I've been on it since yesterday. My best entry was at 126.00
The point to watch at the moment seems to be 127.57. If the level is clearly broken on the 1hr chart, I would add longs and leave them to ride till 129.4x
I placed a sell limit a little above 127.57 to hedge the trades just in case the market gets naughty.

fxyoube: who pick any of the GBP

I placed a buy limit at 1.5659 with TP at 1.5859

126.23 looks like a good support for EJ. I expect a test of 129.40 if this support holds.

fxyoube: am in ej sell @ 125. 66 wit 60pips SL let c wat ll b d out come

meshpips: Hi,
I hope you are not talking about EURJPY here? I would suggest that you place a buy limit at 125.42 that should earn you a couple of pips.
Just my view.
Meshach.

I suggest that you be careful with this trade bro.

Piponomics: Watch this 4h candle for a close below 125.60. That should be your trigger. May not be on hand to post at that time.

Hi,
I hope you are not talking about EURJPY here? I would suggest that you place a buy limit at 125.42 that should earn you a couple of pips.
Just my view.
Meshach.

naijababe: GU Monthly - that's one helluva trend line, not shorting GU anytime soon.

Hi,
I never saw the trend line until you pointed it out. I went long at 1.5694. Price looks quite oversold on the daily time frame so with this visit into previous demand zone I decided to buy.
The trade would be invalidated if price breaks the previous low at 1.5674.
I expect 1.6085 at least before we can begin to expect a decent down move.
Have a lovely day.
Meshach

naijababe: crude inventories worse than forecast, longs closed; gearing for a short position...........

Hi,
check 112.84 level for brent. It could be good for a long. Price seems to have hit the lower extreme level for today and as such my bias would be a buy from that level (112.84). Just my opinion.
Have a pleasant day.

babypipsy: pls, can someone help me with GTB's swift code. thanks

Use 'GTBINGLA'. Have a pleasant day.

Zeddicus: Wetin that one come mean nah bros

zeddicus, abeg na play I dey o!

boko haram trader: ^^^^Oboy!! with this kind chart i go blind in 24hrs WTF?!!!

just playing around with tags. Note the author of the quoted post.

LaconicINC: . . .today may 1 is my birthday o!

Happy birthday bro!

ecigwe: Hello guyz. Pls hw do i get customized indicators esp.linear regression channel and trendlines.
Free.

Linear regression channel is available on your metatrader. Click on "insert" top left of your terminal, then select "channel" and then linear regression.
As for the trend line indicator, you can get "mouteki" but I suggest you draw the lines manually instead of having a custom indicator draw them for you.

@ Tonjoan,

I suggest that you re-assess your EU position. We might see 1.3245 from this level. It took two days to complete the upside move, if there be symmetry in the time cycle then around NY on Monday, we should hit 1.3245.

See chart attached.

Have a pleasant day.

Meshach

@Fxking, I suggest you take it easy. Losses are part of this biz. Refuse to see yourself as the missing link to other traders' success. Humility precedes honour. Truth is that most of the traders here out-perform your daily pipage and really don't need your trade calls. Try clarify Lawson as regards the 'support trade'. Entry was 1.3177 and I haven't heard you talk about when to exit that trade. Lets take it that the trade is still running.

aguiyi:
who was on that bear train with me

I was on the sell trade. In 2012, I would expect that traders show some "proof" to the announcement made on this forum.
Drag your order number for the recently closed trade to your mt4 chart screen and attach it to the statement you made. That way, we would not be seen as people that just make base-less claims.

In the world system, SEEING IS BELIEVING. Let's help them believe.

Happy holiday.

Meshach

@ concept, I suggest short GU @ 1.572X SL 1.5778 TP 1.562x and beneath. Happy holiday. Meshach

Let's expect a huge gap up on GBPJPY by market open on Sunday. I see very heavy volume on the long side.
Have a lovely weekend.
Meshach

Hi all,
buy EURUSD @ market price 1.3474 SL 1.3422 TP 1.3680
Happy trading!
Meshach.

Hi all,
BUY EURGBP @ market price 0.8542 SL 0.8522 TP 0.8580

Happy trading!

Meshach.