₦airaland Forum

Abbycite: Nice question? What I want in a Mikel Obi is what I see in defensive midfielders like Yaya Toure, Busquets, Essien, Alonso. So because Mikel won d CL, he should win d award? Then Toress should win d Ballon d'or too..

Toks2008: Well, i must let you all know that there is always a two way approach to trading in a trendy market.

1.We have trend chasing: This is a very dangerous approach as you are always in haste to jump into a moving trend risking any sudden retacement.

This approach is not ideal in any way. Any time you look at your chart and you see price movement taking place in any direction, dont jump in. First you ascertain the main trend as we always have retracement and main trend going on at any point in time.

Then when you spot the main trend, you dont chase it by jumping in but wait to do the right thing which is

2.Buy or sell back: Now we know that euo is in a strong down trend but this does not mean you just sell except you really want to use large stop loss which in most cses is not advisable.

So i advice that when you spot a particular trend, wait for a pullback which must always happen. Then buy back at a test of strong supp in an uptrend and sell back at a test of strong res in a downtrend.

This is the principle on which i coded the intraday hacker EA but im still perfecting the method but nevetheless, i will be glad to allow any interested trader to have the log in details to see good points where we can sell euro back into the existing downtrend or buy back in an uptrend using 2 strong points.

Remember, never chase a moving trend but wait for a pullback no matter how tempting the move may be,just wait because just when you decide to hop in, you might be surprised that pullback may just startt at that same point in time an you ae left at the mercy of watching price rerace on you.

Hope this helps

Toks2008: Hello Traders,

We should be careful at this point in time with euro/usd, euro/jpy. Gbp/usd and euro base pairs as well as gbp base pairs as we may be seeing a long move down.

In view of this fact, we should expect deceptive bullish correction which may make a swift u-turn from time to time.

Traders of GU, euro/usd and euro/jpy should take advantage of any bullish correction to sell back as euro makes a long term bearish voyage to supp 12717, Gbp/usd aiming supp 16072 an ej may test supp 9912 so just wait to sell at pullbacks and if you must buy short, buy with care.

Happy piping.

maryjames9: Oga,try get your facts right. One of my friend's sister got a laptop free of charge in Ekiti. Pls find out. I dont know of anything exept that there is awuf laptop for goverment schl students.

kenny1984: Good morning, Just closed half of my SHORT trade on the AUDUSD for 25 pips and moved SL to BE.I am heading out that's why i closed it.Would have left it open because i know Price would go towards the PP before moving in the upward direction or because of the inverted pin bar on the daily tf, if we put a fibonacci retracement on the daily tf, the first level of 23% would be @ 1.03684 and the 38.2% level is @ 1.02202.Price could move down south to this level before resuming the north direction.By then a double top would have formed on the daily tf.we would just have to look for the neck line (support) and look for a sign for the upward resumption.if price breaks below the neck, we would just keep our short running, but i doubt this would happen.Like i said, i have my last lot running to maximize profit, i envisage over 100 pips.23 pips is not bad for an early morning trade.
Take care Y'all.

ps:i stand to be corrected.kindly drop your opinions.i would be offline n might not be able to read or comment,but would gladly read when i return from class....DLA

ayox2003: New week we've got!

^ Nice one on the Aussie. It might go down to 1.0520 before going back up.

Checking out the weekly charts of USD pairs, I chose USD/JPY.

A strong hammer was formed lastweek thereby pushing the price up. Looking to go long but yet to decide on TP cos it seems to be very quiet anyway.

Just wanna stop to say hello to everyone.
As at the time of this my post, I expect Usd/Jpy to go south for the next one or two weeks.
WRITE IT DONW. Move for about 300pips. So also the Gbp/Jpy




Frawzey

otokx: Did they tell our girls not to wear ear rings? isn't it ironic that while men are struggling and using ear rings the women are going plain?

Kemaona: Abeg poster go bury urself. I be attendant, na little cash dey collect from you, na u dey hala 4? If na my station u come, u 4 pay much. U b greedy entity.

dayokanu: Why are Arsenal fans always sore losers calling him betrayer?

Baggio Played for Juventus, AC Milan and inter Milan. no one called him betrayer

Inzaghi played for Juve and AC Milan no one called him betrayer

Zlatan played for Juve, Inter and AC , no one called him betrayer

Vieri played for Juve Inter and AC no one called him betrayer

Ronaldo Lima played for Inter and AC no one called him betrayer

Seedorf played for Juventus, Inter and AC no one called him betrayer

Andrea pirlo Played for Juve, Inter and AC Milan no one called him betrayer

Why be say na only Arsenal fans dey complain