₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,338 members, 8,421,421 topics. Date: Saturday, 06 June 2026 at 12:08 PM

Toggle theme

Phoenixfx's Posts

Nairaland ForumPhoenixfx's ProfilePhoenixfx's Posts

1 2 3 4 5 6 7 (of 7 pages)

BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:03pm On Aug 25, 2014
beejaay: try eurchf, its round turn pips is ridiculous, usdjpy is better compared to this pair
Beejay, Dont know if u trade this pair (EURCHF) and if ure a scalper/daytrader but that lil buy u see there is what i call a fakish buy. the pair's bias is still bearish. Expect pair to fall soon.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 5:39pm On Aug 25, 2014
naijababe: I have a lot of respect for traders who trade USD/JPY, i don't think there's a slower moving pair in this world
For some peeps that translates to safe.... grin
BusinessRe: Forex Trading - Season 14 by phoenixfx: 4:50pm On Aug 25, 2014
USDJPY: Hold on to ur sell trade. The pair has not yet exhausted its selling power. However, pls note that as a swing trader, this sell trade is what i call a fakish sell as price once it exhausts its selling power will retrace back up. Hopefully, will call out the retracement once its ready to play. Long term i see a SELL in the curr pair
BusinessRe: Forex Trading - Season 14 by phoenixfx: 4:42pm On Aug 25, 2014
AUDUSD: Is indifferent now. Bias is still with the bears for now but expect a major retracement up for the pair soon. Trail ur trades now
BusinessRe: Forex Trading - Season 14 by phoenixfx: 4:35pm On Aug 25, 2014
USDCAD: One last push up to hit resistance in play....The curr pair is setting up for a SELL TRADE soon. So bias is still with the bulls for now
BusinessRe: Forex Trading - Season 14 by phoenixfx: 4:18pm On Aug 25, 2014
phoenixfx: Bull trap in progress EURUSD...Will fall back down to test support and hunt stop losses before news release by 3pm. However that drop is to pave way for an overdue LONG in the curr pair.
Bull trap on the pair played out exactly....Poor reaction to news today hence no momentum to the lil spike that came by 3 pm. Still DONT enter a BUY trade now on this pair because it will still drop down to test support and hunt stop losses before news 2maro German IFO biz climate. Market movers fooling around trying to con peeps to think a buy trade is in progress...expect lots of ranging here on now till 2maro 9am....For the news all forces are synching for a BUY TRADE. Tk care peeps
BusinessRe: Forex Trading - Season 14 by phoenixfx: 1:19pm On Aug 25, 2014
Bull trap in progress EURUSD...Will fall back down to test support and hunt stop losses before news release by 3pm. However that drop is to pave way for an overdue LONG in the curr pair.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 10:28am On Aug 18, 2014
Been a long time i posted here guys....sadly, i jst lost my day job so having a difficult time adjusting. However, that leaves me and FX...Happy trading day guys
BusinessRe: Forex Trading - Season 14 by phoenixfx: 9:13pm On Aug 11, 2014
naijababe: Na my mama i dey bury o sad
Accept my condolences Naijababe...Missed ur presence in d forum. Welcome back
BusinessRe: Forex Trading - Season 14 by phoenixfx: 7:14am On Aug 11, 2014
phoenixfx: AUD USD: More BUYS ahead of the curr pair....In ranging mode now

Buying power exhausted. Bias reverting to SELL.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 7:27pm On Aug 10, 2014
AUD USD: More BUYS ahead of the curr pair....In ranging mode now
BusinessRe: Forex Trading - Season 14 by phoenixfx: 7:15pm On Aug 10, 2014
Hi
Kirinwa: GJ is sitting on a strong monthly support.
Buy on Monday for at least 200 pips by Tuesday.Enjoy.
Am not saying that monthly support cannot be broken but what I love about price action/ forex is that its repetive.It wouldn't break anyhow.What I feel should happen is that price will go up before coming down with force if it intends breaking. Maybe by Tuesday most likely Wednesday.
Trade plan
GJ buystop @ 171.50 if price dips to 170.90 position @ 171.00
Stoploss 171.00 or 170.50 depending on buystop
Target 173.50 or 173.00. ” ” ”

Good call...a little dip (SELL) towards 170.910 - 170.691 levels before any buy set up will come into play. Safe play is the Buystop buh like i said a mini-dip first.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:56pm On Aug 10, 2014
sojmann: I used a COG indicator with the WRONG settings sad
Now I have the correct COG and a VERY good filter wink
...Besides,Mustapha Belkhayate advocates using the COG with the martingale strategy,whereby you add to your trade @ -50pips and -100pips because price must eventually move back to the center of gravity(the middle line)
.....I can't afford doing this embarassed
Sojmann, i'll advise that u DONT try this martingale stuff on a live account (whether u can afford it or not) cos it has led to the quick death of so many accounts. As per the COG indy, i believe it has some flaws, some of which were pointed out by Ephisi few posts back so for me its a no go buh if it works for u or anyone else then thats gud. sowie 4 ur loss all d same.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 5:44pm On Aug 09, 2014
rozayx5: they dont have a Nigerian Office
webmoney
debit card
and wire are the options available to Nigerians
Thanks Rozayx5
BusinessRe: Forex Trading - Season 14 by phoenixfx: 5:43pm On Aug 09, 2014
latestsunny: Send email to sophocles@xm.com for complain or information. He's in charge of Nigeria. You can include your phone number If need be, so that he can call.
Thanks v. much
BusinessRe: Forex Trading - Season 14 by phoenixfx: 11:32am On Aug 08, 2014
tom29reloaded: bro nothing against u pls keep doing ur tin. my bad was i treated it as scalping. my highest stop is usually 10 - 20 pips for forex hence d big lot.

secondly i didn't analysed being dat d signal was looking sure d way u posted so i was like let me quickly make 50% here.

also check my own trades u will notice dat gold was capable of doubling my account but dat anger i closed it and withdraw all funds.

as Ephisi is a master of EU so i am on GOLD by God's grace. my strategy is +90% no chest beating as Dec 31 will prove if i am right or wrong (i don't believe in luck)

Lastly @ ephisi and phoenifx keep doing ur best u guys are simply good not some ego attention seekers like benpuzzy always shouting "fx is sweet and i make 3000 pips every month" without any worthy contribution since coming to dis thread.
No time to banter or argue with any man under d sun is not worth it at all. Until then bye
[b]@Tomreloaded...Thanks and pls DO NOT take any trade recommendations or alerts given by me or anyone else here in this thread HOOK, LINE AND SINKER (100%). The alerts we give is to give guys here a heads up to go and do ur own analysis and decide whether or not to take the trade. Nobody is a grandmaster in FX trading but it sure helps to be able to have confidence in ur strategy and PERSONAL analysis irrespective of what people even so-called experts may say. in other words, filter the noise, look at the charts and trade what's its telling u. i commend u on ur Dec 31 goal...dats the fire buh dont let it burn u, learn to practice good money management relative to ur account size. if its small, then there aint nufing u can do than accept lil pickings and build up ur account b4 bigger lot sizes come into play even if it takes a long period of time than ur deadline, remember my saying dat FX is a get rich slow business. stay humble and ctrl ur emotions. more pips to everyone in this community.[/b]
BusinessRe: Forex Trading - Season 14 by phoenixfx: 9:56am On Aug 08, 2014
mez: They don't have a Nigerian office.
You can request for a call back from their site, but they might not call you if you're not registered with them.
Funding can be with your visa or MasterCard.

Ok thanks very much...
BusinessRe: Forex Trading - Season 14 by phoenixfx: 8:07am On Aug 08, 2014
Pls Lawson and Mez and any other guys out there on live XM broker platform. Pls i would like to know if they have an office in Lagos jst like FXTM and what's d procedure to funding the account via local deposit. Any XM representative contact number to call would be appreciated. ive not been able to get any of these info from their webpage or live chat.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 7:56am On Aug 08, 2014
Wow!!!...what a sky rocket. Enjoy the pips
BusinessRe: Forex Trading - Season 14 by phoenixfx: 5:32am On Aug 08, 2014
ephisi: @phoenixfx what do you see on eurusd today?
A brief BUY now then a SELL to retest the 1.3347/1.3330 support level. The pair is seeking a buying support level to launch a massive change in direction for next week
BusinessRe: Forex Trading - Season 14 by phoenixfx: 4:40am On Aug 08, 2014
ephisi: Yea, i agree with you. I use purely price action. My curiousity was peaked by the fact that the reversal points on the cog seem to coincide with possible s & r for swing trades. Its subject to investigstion. By the way how do you trade? Price action? Or indis. Thanks

I trade pure price action buh just like every newbie back then i had a solid foundation in indys, not that it helped cos they failed me over n over again most tyms from poor application of the indy, some from being repainting indys. Anyway, what works for me now is Price Action. Note of warning for whoever may be reading this, they are many fakish moves that comes with trading PA, case in point is this daily pinbar of 5th june EUR USD...most people were expecting price to reverse sharply upwards after d long downtrend and jumped in with orders buh d opposite was d case as price hadda go retest the support (refs chart). So mastery of PA and its fakish moves is a must.

BusinessRe: Forex Trading - Season 14 by phoenixfx: 11:28pm On Aug 07, 2014
currentprice: ^^grin grin grin grin grin grin grin grin grin Hooo you little boys in the house after big boys includes Benbuzy left the housegrin grin grin grin grin grin grin grin grin grin grin ^^
hide under my sofa watching little boys alert while the big boys stand guest viewing. SMH
Ur comment needs more explanation..wat r u tryin 2 say
BusinessRe: Forex Trading - Season 14 by phoenixfx: 11:10pm On Aug 07, 2014
ephisi: Sorry I meant the center of gravity indicator. I always see it on your charts too
Nah those are sojmann charts... I knw dat I've stumbled on them during my journey thru fx and I feel d best use of them is in 4hr/ daily TF combined with the hot fibo zones of 38, 50 and 61 fibs...at such levels watch out 4 candlestick PA patterns. Are they on significant SR, then check d shape of d COG to reveal trend flow(also if PA is near the thick upper or lower bands) backed by d macd trend indy...then uve got a high probability set up 4 trade. However, I believe d indy may lag and may change shape (trend direction) after considerable movemnt in Price...this is however not how I trade and d indy is subject to more investigation by whoever wants 2 use it
BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:15pm On Aug 07, 2014
Orpeeh, Ceasebara and Currentprice...How far and pls who are the unknown guest that we have...even gettin more than real members of the thread... smiley
BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:13pm On Aug 07, 2014
Hi Y'all...How did the day go in way of trades...
BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:10pm On Aug 07, 2014
ephisi: Theres no time to go back combing pasts threads. I guess its a moderator thing. If u have some serious info to pass on y not pm or email me rather than creating a puzzle. Thanks for the heads up bro. As a forex trader i interpret charts and not past posts. Honestly if u have a strong point for me. Pm me. Thanks
@ Ephisi...he's doing a gud thing giving u a hint of d negative attitude of some bad elements of this thread. Ive been a member long enuff to see d "fights", negative and discouraging comments, scams, etc...got so bad dat d gud heavyweights of our dear thread even had to bail out. So beware and be cool.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:04pm On Aug 07, 2014
ephisi: Thanks @morenaira my integrity counts! Newbies get caught ip thinking they will making it trading fx in one year. If u make it in 5yrs youre lucky. Its a gradual process. Only a mentor with proof of profits can help u cut the lesrning curve to say 1 to 3 years. Blatant truth.

FOREX IS NOT A GET RICH QUICK BUSINESS BUT A GET RICH SLOW BUSINESS....
BusinessRe: Forex Trading - Season 14 by phoenixfx: 6:02pm On Aug 07, 2014
ephisi: I must confess that in few days here i have come to respect phoenixfx and sojmann! They have gotten me curious about this trend follower indicator. I was thinking to myself this morning. If i were to build a team of nigerian currency analysts to manage large portfolio these two guys should be on the team! We havnt scratched the surface of fx industry here in nigeria. Good job guys
Thanks very much Ephisi....Personally i don't use the trend follower indy buh from analyzing Sojmann 's charts i know he is doing a good job of utilizing the indy. I'll av a look at it later. More green pips to all
BusinessRe: Forex Trading - Season 14 by phoenixfx: 5:54pm On Aug 07, 2014
currentprice: brother are you invertedhammer? keep on good work
Hi Currentprice...tanx and No im not invertedhammer
BusinessRe: Forex Trading - Season 14 by phoenixfx: 9:23am On Aug 07, 2014
@ Ephisi. Yes presently there's enough momentum for ur short entry but be careful cos Hidden bullish divergence of yesterday still in play. hopefully shld be back b4 news 2 look at charts.
BusinessRe: Forex Trading - Season 14 by phoenixfx: 7:31am On Aug 07, 2014
hi pple... will be out most parts of today. enjoy d pips
BusinessRe: Forex Trading - Season 14 by phoenixfx: 5:36am On Aug 07, 2014
phoenixfx:
No Omejeo....USD JPY is giving a fakish buy move....More SELLS on the way.

@ Omejeo... Sell set up denied. Bias slowly changing to BUY.....The anticipated sells lacking momentum so d drop will not be much

1 2 3 4 5 6 7 (of 7 pages)