₦airaland Forum

natruetalk: eyeing to sell eur/aud just hit my intra-day resistance @ 1.4993 now and finding it hard to move above it after several attempt.

what house think of this move?

meshpips: We discussed about this yesterday. Why did you still take it?
Meshach

natruetalk: sold cad/jpy as shown below

Goodluck

natruetalk: scanning for jpy pair entry today

probably Cad/jpy

eyeing on gbp/chf buy

natruetalk: good morning all

am still waiting to see how my eur/gbp position will end

meshpips: I think price is at an unfairly low price for today and quite likely, this whole week.
I leave the market to be the final arbiter. I sure could get whacked again like the first trade.
Meshach

meshpips: First signal failed (-100pips).
BUY USDJPY @ 97.30 SL 96.85 TP 98.63
HAPPY TRADING!
MESHACH

Igwe OO: got what u meant now.

#U should have been more explicit earlier.

Igwe OO: U understood my point? Im not trading both now rather, i was pointing out that EG is crazy with its movement while EA is cool headed. Plays the trend very well.

Igwe OO: Bro' u dey there too.

#will be watching the trade closely 'cos that pair na one crazy pair. Unlike EA, that pair doesnt play the trend very well.

natruetalk: taken my first trade of the week as shown below.

efe22: As for me, I totally disobeyed my rules as follows:
- Don't risk more than 3-5% of capital in a trade.
- Don't trade more than one pair
- Trade 15/30 mins using price action from higher timeframe
- First target 1:1
- Don't be greedy
I'm not used to starring at screen when trading but the funniest part I did't set take profit (due to runner) only to come back to see my targets met sooner than I expect and started retracing toward their stop loss area.
Also, on FOMC day, I was suppose to place a buy stop on UJ @97.60 but connection issues spoil things but when it was restored, price was at 97.80 and I bought there risking 10% because there was a bullish engulfing on 4hrs but due to the risk and fear, I closed at 7$ profit only for that trade to yield $400 before dawn.
I hard a total draw down of 15% because I accidentally closed EG/AU buy trades in loss that would've gained 5% each. If I had stick to my rules and not chasing hundreds of pips, the draw-down ought to be my gain.
I have to stick these rules in front of my PC to avoid future occurrence. Going back to my one pair policy to avoid distraction.

natruetalk: 2 minute more

natruetalk: at this point only nzd news with good data can save EN , and all N pair. the pair has tried breaking any breakable resistance

looking toward sunday night for NZD TRADE BALANCE that could be turning point

natruetalk: Alot of bargain in the market this week as i saw some good set-up on many pair. i pray May God Almighty open our eyes to pick the right one
be patient and trade responsible.
am eyeing to buy eur/gbp
goodluck

naijababe: The week ahead, I expect to see oil pull back to 105.5x area and head to 108.80, maybe even break it for destination 110.4x

rozayx5: yeah, when EN starts crashing EA will follow with speed

i noticed that when selling EA yesterday, but i just took the trade cause i got a go ahead

natruetalk: okay let me try from here

have entered EN @ 1.7091 sl 1.7171

natruetalk: this eur/nzd is looking like good deal to me here. am enter now for some pips if it fail to happen here it going to test higher of last week again @ 1.715x zone not bad to take some risk at this zone 1.7068 now

any opinion?