₦airaland Forum

Where is EU & GU heading to?

unclenna: I see EU move up to 400pips within this week and next week.

I am on same page with u

odiaero: Are will there yet?

Boss, what's your view of EU because I have open position (long)

nolly042: my people i just want to say thank God for saving my life from an autocrash yesterday that i cud'nt explain. i lost my memory but now am recovering bit by bit

He'll always be your protector.

Cheers

dboy365: the min pip value in all those trades was $7/pip for the smallest account under my management. Some were $33.9/pip for the JPY pairs. You dont wanna know the $$$ made.
Following Odiaero path, small small

correct guy

dboy365: What a pipsfull day. I'm drunk with pips--over 634pips so far from just currencies and oil-(no index). Mindblowing equity growth in just one day.

Congrats guy but I hope your pips count. If I can harvest 634pips in a month it will be like to months for me because I valued the dollar value of a pip not just pip

tonjoan: be careful selling eu. though we might get to 1.2665- 1.2623 but we might bounce later today through to tomorrow.

I reduced my TP to 1.26693 based on your advice and it worked.

Keep on good work.

tonjoan: be careful selling eu. though we might get to 1.2665- 1.2623 but we might bounce later today through to tomorrow.

Msg taken

To all the guru in the house. Would EU touch 1.2600 this week? Though my TP profit is at 1.265

odiaero: The work of auto stoploss is to place stoploss each time u enter a trade automatically, u will have to set a fixed stoploss on the manual, piplocker lock u trade(s) with positive pips whe u trade achieve that and can trail too, but everything as discribed above is intergrated in my platforms as one

I have an EA that can place stoploss automatically, close half of your trade at a given target and lock in profit, place pending order or market order and a lot more. I am not marketing anything but just to let some members know that an EA is not only meant for trading and making profit for you while you do nothing as seen everywhere on internet.

edujoy: Hi guys, I just finished working on this EA, I backtested for 1 year +, the result is mind blowing, I will soon publish a link for everyone to follow the live trades of this EA real time.

Cheers and happy pips

It's just a matter of time your backtested will soon blow your account off. Good EA do exist but not for sale and beside back test is totally childish in FX better "fronttest" it and when it make you your first million dollar do let's know.

Have you ever being privilege to view professional traders trading on London/NY floors. Wake up guy

@ Odiaero, would EU touch 1.19..?

I think this forum is turning to hide and seek game and I believe it might soon loose its taste.

I have made this and that will not help anyone here but rather destroy the fate of new beginners who are here to learn how to trade not what we're making.

When very few traders are making serious money on the same forum where others are wondering if they are doing the right thing. Then the question will be why not help them. I read a post earlier where one of us just blew his account. Of-course it might be his mistake but it's still money and we might have prevent it if we do give analysis not just result of trade the house does not know how we entered it.

I call on all gurus in the house to consider rendering a selfless service because that's what people will remember you for and God'll reward you for that. As from next week when market give clear direction, I will be doing the little I could but I know there are better traders than me in this forum.

Let's help others please.

Just my view.

silibaba: profit running on eu of 15 pips,
but have already cash out 2000dollars on eu fall in betonmarkets. am loving this game

Can you share with me the strategic you are using on betsonmarket. I tried it sometime but I get burnt.

My email is pipmaster77@gmail.com

Thanks

mylove007: Hello all,
Can anyone please furnish me with the names of good forex signal pproviders that provides good profits with minimal losses? I appreciate your response.

Guy go and invest your money on offline business, no forex signal provide worth it. The signal is designed to suit their trading style not yours and you will loose big at the end of the day. If their signal work well why would they be sending it out to people. A good trader can turn just $500 to million of dollars in no time.

Or better still find someone who knows how to trade and let him/her trade your money for you at the low leverage. No good signal provider anywhere in the world, they are just marketers and their results are not real. They are expert in sales not in trading and I bet you, you will soon discover the truth.

Just my view.

@ dboy365

Auto pivot is not a new thing and it has been around for very long time. It would be better if you'll share your trading style and how you spot your entry so that the beginner can benefit from it. There are lot and lot of strategies in the market, within 5mins I can form 5 strategies but would they withstand the test of time?

I have attached your auto pivot software here for whoever want to download it but it might not even help anyone because there's no short cut to learning. You must and must learn price action first and foremost before talking about strategy because all the strategies you will ever develop will base on PA and PA is the only indicator that can make you, others only affirm its position but not where it's going to.

Just my view

Close part of the EU long and let other run with trailing stop.

I need get go out and get life

See you all tomorrow.

odiaero: Are we there yet?

@ Oga naa u dey hold down EU, abeg let it move up so that I can take 50pips and go rest for today. biko

tonjoan: oh my. i meant to say 1.3087 not 1.3187. So far the 1.305x is holding out well as resistance but 4hr showing signs of further up we might see thet 3087 and 3114

I am tire of gluing my face to the screen because of this EU that has refused to move up. May be I will close it out and have life today.

namdo: ahhh, na waaaa, pipmaster tell him straight now. put the files in c:/program files/metatrader4/Experts/indicators. and then restart your platform and chose/activate the indicator from your indicator draw down menu on the chart for each instrument. Abi no be so?

@ Namdo, It seems you know how to explain thing well. I am just a trader who know what he's looking for, may be very soon I will need to assistance

Thanks for your straight post

lari03: @ pipmaster77 please,I am a novice when it comes to using these files and automated trading software, and I calculate my pivots manually so I wont mind an explanation on how to use the fibo_piv _v2.eq4, the metaquotes download seems linked to my mt4 automatically from a double click on downloads. And on opening it all I see is plenty english, do I need to take it to MS Xcel to utilise it?

You do not need to open it. Just download the two files to your desktop, copy and paste the files into your custom indicator in meta-trader then open your terminal and look for it under custom indicator and double or right click it to attach it to your chart

tonjoan: eyeing 1.3187 i guess.

@Tonjoan - my TP is even lower at 1.3128 but what do you think about the resistance at 1.305..?

How far can EU go today?

I posted pivot file for members who are struggling to plot one on their chart to download for free without asking your email for advert but non acknowledged it and I am sure many have downloaded it. This is not a good attitude and it kills for spirit to help other for free

odiaero:
My man why are u using 5minutes chart? well if ok good for u, i dont use it, another please plot ur pivot if u dont have the auto plotter, proting ur pivots points and others allows u to know when the market is surly to bounce

Hi all,
For those that does not know how to plot pivots level, you can download and use this one. I use it on 5mins to 4hrs charts.

Drop the two files into your custom indicator file in your metatrader

Happy green pips

odiaero: Closing shop for the day, watchng comments

The way you trade the market look almost alike with mine and I will like to know you. If you do not mind, may be will could communicate through mail or chat and let me see if I could learn new things from you.

Cheers

tonjoan: DRAGHI: Most countries made "good progress" in 2011
Draghi: Many govts are making progress on fiscal consolidation
Draghi: the LTROs have been successful in avoiding major credit crunch
DRAGHI: There's been "significant progress" on fiscal front
Draghi: inflation expectations firmly rebounding
draghi:expect gradual euro zone recovery
DRAGHI: Spain has made a "significant effort"
Draghi: italy has achieved remarkable progress
Draghi: ecb sees significant drop in key volatilty indicators.

These are a few bullet points from Draghi's 1:30PM ECB press conference. Minutes into his speech, credence was given to the the reversal pattern that was building. I rarely am a news person but with those bullet points, we can safely say the euro zone isn't as bad as generally painted.

All these there talks since last year has not affect the life of individual in the zone, they are just trying to raise investors hope...

READ THIS
[b]Euro Zone has been tested enough and has not much space to move, adding more fund to the IMF means nothing because unless such fund get to the economy and to the market then such a firewall becomes a problem for itself, you probably wonder why the GBP hit the roof, some they call it inflation and some would call it a clever UK approach, but the fact is it is a rally before the dip, the all Euo zone is dragging every member of its own to a Simi-collapse, so the wise is to give a value to the independent currency before lending, or otherwise central banks would find whatever lending is less value that what is demanded in return.


The Euro must go down to at the best 1.25 and even lower, the reason still up because of 2 main factors,..

1) Investors keep pumping with fears of Euro down slide and massive losses

2) Central banks and governments want to keep the hope, they know very well if the Euro went below 1.30 then the logical effect will be massive load on the Euro.


Now as soon as the Euro hit the 1.29 1.28 then the push down will start, although some recovery will be in place but the 1.20 range is a must, I personal amazed how still the Euro up till today while everything is going down the drain !!. but not that much of surprise otherwise Euro zone leaders would face a blame and trigger protesting across the zone.[/b]

tonjoan: should eu go down haven formed very strong reversal patterns across all tools and systems on the 4hr, then it must be said that something terrible must have gone wrong with fx.

Boss I believe in your technical analysis and I respect your opinion but there is no positive solution to EURO crisis for now and that pair must go below 1.29 and so on. It might not reach there now but it will surely there and all technical analysis include candle reading might not be able to foretell it.

Just my view

odiaero: Are we there yet? sell EU with me at ur own risk, see at the pivot now

I have even hit the sell button before I saw you post the pair has given me more than enough this week and I have decided to risk 100pips in following it and I will not go back until after the news tomorrow

FOREXMART: My forex account was hacked, lost my laptop nd properties to the kano crises so am just on the sideline in port harcourt with my mini account. I need a laptop Badly. How una dey?

odiaero: Can u please enlighten us how fxaccount can be hack?

As far as I know, FX account can not be hacked. If you set your platform to always remember your login details, the person who stole your laptop will only have access to your trading account and can place/close trade but you have 100% right to change your password immediate you escape from the scene if at all your account have meaning to you except if you are trying to say, the thief or whoever stole your laptop also hacked your email and your phone number and mailed to your broker to change his bank details and your broker will be so foolish not to go extra mile to verified the identity of the sender. Should in case that happen such broker should not be in the business in the first instance.

Just my view o

WINNINGWAYZ: Good PM
Hope you had a good trading day?
I would like to comment on Retracement. This morning, I did wrote that I didnt enter the Eur/Usd trade that ran over a 100 pips. Some friends were calling, panicking that they have missed a glorious opportunity. I told them I would not enter but will make same profit. And I had to prove it. getting into a moving train can destabilize you. Be patient and wait. After a very fast move, it will retrace. watch your volume, as volume reduces, know that momentum is reducing. Watch out for hanging man, dojis, hammer formations to confirm and use CCI to check for hidden divergence. On confirmation, draw your fibonacci and consider 23% and 38 % retracement. Used it in Eur/Aud trade yesterday and Eur/Usd today, upon request from my friends. attached are both files relating to it.
Getting into an already moving train unsettles you. There are always pips to be made.
Happy pipping

Oga, I like your analysis but your risk is only good on demo as shown in the trade you placed. To me the account size is too small for 5 standard lots even if have 1000:1 leverage and your signal is 99% sure something can still go wrong and with your SL of 48pips, the account will be half wipe out if it goes against you which it can for sure.

Anyway, you analysis is good because there is always a pull back from heavy fall.

Cheers

umozez: @pipmaster the excel. Tanx

download it here
[url]
https://www.nairaland.com/download/694115[/url]