₦airaland Forum

naijababe:
I see most pple here are day traders, well I'm a swing trader and generally trade off the daily charts. On my two pairs I intend to do the following

EU - I believe it's due some correction so will long around 13750 area with SL @13650 and TP @ 14350.
GU - Some correction already with a lil' bit to go, plan to long around 16180 with SL @ 16100 and TP @ 17050 (may take profit and re-enter along the way)

Happy hunting y'all

Hi sis, I strongly suggest that the GU long be taken @ 1.624x or 1.6261 so that we have a support level right behind us. 4hr up trendline in the first case and a horizontal key level in the 2nd instance. Regarding your TP, I also suggest 1.6650/66 as a logical level to exit longs. That's the 88.6% retrace level of the XA leg of a probable bullish butterfly. Talking about swing trading, silver has hit 36.36 and is on the verge of begining a MAJOR bear move. 1st TP is 24.xx Happy trading! Meshach

This could be very daring but I like to test how rugged a trading system is in the face of strong news like NFP.
Only take this on a demo, I 'm taking it on my live account though.
LONG GBPUSD @ 1.6262 TP 1.6390 SL 1.6184
Happy trading!
Meshach.

BUY GBPUSD @ 1.6262 TP1 1.6324 TP2 1.6391 SL 50PIPS.
Let me use this medium to apologize for the failed EURGBP trade of yesterday. I'm sorry to have made you guys loose money following my signal.
Happy trading!
Meshach.

honeric01:
Mennn EJ don do me something oo, kinda stuck on it, any chances of seeing EJ pull back to at least 114.00-114.10 so i can cut loss?

I have tried checking my chart to see that, to blurring to me, anyone's got an idea?

It's 11am Nigerian time, EURJPY has shown signs of weakness in the just completed 15min candle.
If there's a time to sell, none could be better than when you see a degree two swing high on 15min tf.

Happy trading!
Meshach.

[quote author=Ken.d link=topic=502155.msg7838262#msg7838262 date=1299160185]Hi every one. Is there no one here operating his/her dom a/c with GTB and residing in Port Harcourt? I'd beg of a favor from such persons because I want to go into real trade but there is an impediment, which I know could best be handled by such persons per se. If moved to help you can contact me via 07038920209 or d.ken33@yahoo.com. [/quote]I advice that you make use of liteforex nigeria. You can deposit in Naira and make withdrawals also to your naira account. They are quite efficient. I've been using them since 2009.
Forget about the stress of sending money via bank wire for now.
Visit www.liteforexng.org
Have a pleasant day.
Meshach.

Hi all,
EURGBP should be good for a sell at 0.8545
Place sell limit at 0.8545 with 40pip SL and TP 0.8461 or lower.
Happy trading!
Meshach.

NOTE:
Our AUDUSD long from yesterday is still doing very fine. Presently +64

Hi all, yesterday I gave a trade call to sell GU. Please exit the short if you are still in it. Price broke above my 1.6326 resistance line yet again. This is STRONGLY indicative that the next level of resistance (1.6393) would be reached. This level for today should reject price. Place pending sell trade @ 1.6390 SL 1.6440 TP 1.6265 Happy trading! NB: Our AU long is doing very well. We had less than 20-pip draw down from our entry level. Price just gave another opportunity for traders to add to their longs @ 1.0152 let's see how price reacts @ the 127% fibo exp level of our probable butterfly's XA leg. On the longer term, there's something about 1.0527 that is attracting price. Time would tell. Meshach

Hi all,
SELL GBPUSD SL 50pips keep your TP open we should do at least 600pips south from here.
Happy trading.
Meshach

Kashif:
This contradicts your earlier call. Checked, but could not find the reason for this call. Anyway, I am still short on this one from yesterday and, I think there is still room for downward move.

May the pips abide with you.

I'll help you bro. Go to daily tf, can u see a probable bearish butterfly forming? NICE!
I'll modify the tp-ies to 1.0265 and 1.0350
I'll allow time and the market do the remaining explanation.
Happy trading!
Meshach

Good morning all, buy AUDUSD @ 1.0105 SL 1.0045 TP1 1.0200 TP2 1.0228. Happy trading! Meshach

Sell EURJPY @ 113.46
Reason: trendline break plus re-test on 30min tf
TP 111.21 SL 50pips
Happy tarding!
Meshach.

Sell AUDUSD @ 1.0185 SL 1.0235 TP 1.0060
Happy Trading!
Meshach

Welcome on board chimex. I think GU finally broke the gate and bears have kicked in. I see a HUGE resistance at 1.6297
This south train can run till 1.5686 then we would re-assess the position. Options expire this Friday plus NFP, I guess we can expect some huge volatility on that day.
See ya at 1.56xx
EURGBP sell limit @ 0.8523 SL 0.8573 TP 0.8410
Happy trading!

Hi all,
EURGBP would hit its channel extreme @ 0.8440 I suggest a buy from this level SL 0.8390 TP 0.8547
Happy trading!
Meshach