₦airaland Forum

Maximip:
On which?

all pairs i put out. . . .but remember. . . .if you dont have a long term view please disregard. . . . . .also. . . i would be very very wary of shorts on Eu. . . .

God help me. . . . i'm already drooling in anticipation. . . . . . .

dboy365:
Martin Schwartz: ‘The Pit Bull’s Guide To Successful Trading’. Page 287:

I’ve said it before, and I’m going to say it again, because it cannot be overemphasized: the most important change in my trading career occurred when I learned to divorce my ego from the trade. Trading is a psychological game. Most people think that they’re playing against the market, but the market doesn’t care. You’re really playing against yourself. You have to stop trying to will things to happen in order to prove that you’re right. Listen only to what the market is telling you now. Forget what you thought it was telling you five minutes ago. The sole objective of trading is not to prove you’re right, but to hear the cash register ring.

‘Worst Fears Not Realized’

I have stated before that whenever your worst fears are not realized about a trade and the market is letting you out better than you expected, it is not just luck. Rather your position is most likely correct and should not only be held but perhaps added to.

Add to your winning positions. Reduce your losing positions.

Welcome all to pips-filled week!

completely disagree. . . . . .this book was definitely meant for scalpers.

tonjoan:
trust me this congratulations are in order. check out the 4hr formation already acting in consonance with the spinning top on daily. we can only close on the gap and crash again as daily is on its way to form an evening star.

when it comes to price acceleration to take profit point i am a cynic, . . .i am used to waiting weeks for price to hit tp. . . so you have to understand my mistrust. . . .

JAZES:
All these exotic pairs, na wa ooo. I no dey go near them ooo, i hail una ooo.

opportunities for good trades must be exploited from all avenues. . . .

tonjoan:
Means over the weekend international trades transactions were on-going and so exchanges took place. The gap is the reflection in the charts of those excahnges.mourinho, your pairs AUDNZD and EURNZD tanked considerably at the gaps. Congrats

too early for congrats. . . . .i dont trust gaps. . . .

tonjoan:
Good garriaaaaaaaa. At market open my audusd and eurusd hit tp. waiting for gbpusd

Young jedi. . . . careful with longs on Gu. . . .

Zeddicus:
^^^Oga MOURINHO.

please. . .please. . .you're making me blush

LaconicINC:
@pip p.imp,i love your 300 sl strategy and d fact one has to take d trade in d opp direction wen it is hit to recoup the loss and make profit,my question is,has it always workd?Is it (failproof) what's the psychology behind it and what TF shd we be lukin at here?Thanks 4 your anticipatd reply

No strategy on earth is infallible. . . .anyone that says otherwise is dellussional,  . . but this strategy has a 90% success rate. . . the only reason it is not successful 100% is due to emotions. . . .impatience and of course greed in not maintaning money management rules. To trade this way you must ask yourself these questions. 1. . . can you hold a trade for two months?. . . . 2. . can you forego shorter time frames and focus on 4hr to weekly timeframes?. . . 3,  . .can you maintain your discipline and stay true to money management rules? if there is any doubt to any of the questions then this strategy is not for you. i have managed to narrow down 5 crucial waves patterns which i'm calling the mourinho wave pattern. . . .in dedication to naijababe . . . . . .all beginning with a symmetrical triangle. . . . .it is so accurate it is uncanny and it scares even me. with this strategy i was able to identify with no doubt that these pairs are heading towards these directions. . . .usdjpy long 8200. . .eurcad short 13500. . . audnzd short 12890. . .gbpusd short 15739. . . eurusd long*1400. . . silver short 26**. . .they are in their 5th and final wave pattern and it's going to be nasty. the only flaw in the strategy is news breakouts which is where the 300 pip stop loss comes in. . . . .pair correllation and the trader himself. Dont ask me to break it down just yet. . . .i will in due time. . ,  . .just enjoy the alerts for now. . . . . . . Goodluck

p.s. . . eurusd has already started as put out last week to 14***. . . .and also gbpaud long 19***

The way usdjpy will rise up 8200 will shock a lot of people. . . . beware of shorts on usdjpy. . . .if you dont trade long term please ignore this alert. . . . all alerts come with a 300 pip stoploss. if hit place a buy or sell order. . . .as the case may be. . .and in this case it would be a buy for the original tp to recoup you loss and make your profits. . . goodluck

McNelson:
Hello gurus in the house,  Just got a software from a friend (AUTO TRENDLINE) wanna post it to the house to check its effectiveness,  But I need a permission, since d room has been silent for a while

you don't need permission to post anything. . .the only thing people dont like is if it's for marketing purposes. . . you can still post marketing stuff. .  .just be prepared for the backlash. Anyway as per the indicator i installed it and it failed woefully in my test. It completely missed key support and resistance points so much so that i was wondering what the programmer was looking for. .  .price wise. . . . with the way i trade. . . all you need in a trendline is one that can identify a symetrical triangle. . . identify the impulse wave against the symetrical triangle and lastly identify the downtrend or uptrend trendline confirmation of the symetrical triangle. your indicator on the other hand was all over the place picking higher highs and lower lows without actualy picking the one that matters. That is why i dont trust indicators. . .you have to be psychic to decipher them.

forecast for the coming week;
Eurnzd. . . .this pair has confirmed it's downtrend and expect a strong wave south then another wave up to complete it's trendline formation to price 16852,  . . .EURCAD. . . this pair has completed every and all requirements. . .all that is required is to place a sell and wait for price to hit 13610. . . . Audnzd. . .the pair is in it's final formation of a downtrend trendline. . . .again all that is required is to place a sell for a tp of 12898. Gbpusd. . .now this pair is tricky. . . .for all intents and purposes it is in it's final stage of forming it's downtrend trendline but their is a snag. . . the correllation between eurusd and gbpusd. . .  eurusd has been fracking up all month. . it's been giving confusing signals up until the 3rd of this month for a 400 pip move upwards on the 4hr chart. . . .here lies the problem. gbpusd has confirmed it's downtrend but since both pairs like moving like brother and sister we are then faced with two scenarios. 1. . .either gbpusd stops where it is at the moment and ranges until eurusd completes it's tp or 2. . .follows the damned pair. if gbpusd does follow eurusd then be very careful on buys on the pair 'cause it can switch out badly against you. i would recommend placing a sell at present price and just wait it out 'cause gbpusd will fall to price 15722. as said in the past. . .all calls come with a 300 pip stoploss. . ,  . if hit. . . place a buy or sell stop in the direction of the original tp. . .Mourinho signing off,  . . as naijababe has dubbed me . .  . .but seriously. . . . goodluck,

Ps. . . for the scalpers in da house. . . .focus on euraud. . . the pair is in a strong uptrend and can be scalped to price 13680.

will be signing of soon. if you missed all the good entries today there is still one rearing it's sweet head. . . nzdcad. . . the final confirmation pattern is about to form which will take price 300 pips up. . . .goodluck y'all

naijababe:
Pips are igniting some people's heads here. Someone call 911, we need to pour water on their heads

And ma'am. . .you miss the point. . . it is the discovery of new patterns that swells the head

naijababe:
Pips are igniting some people's heads here. Someone call 911, we need to pour water on their heads

too late. . . .we dont need no water let the m%$#f^##&ker burn. . . . .

tonjoan:
And as her majesty the Queen (naijababe) extends.  

Na your name henceforth be that.

you don kolo. . . .

naijababe:
As your lordship pleases

Haba. . . .that's taking it too far. . . .your highness will do just fine . . . . .

naijababe:
Carry go jare, i am sure it's not too late   and please drop the ma'am abeg. Ema so d'arugbo

yes ma'am. . . not my fault. . .it's the soldier in me.

tonjoan:
MOURINHO. hehehe

Sha remember me in your kingdom ooo

Abi?. . . .the name kinda sticks. . .dont you think. . . . .all thanks to naijababe. . . .

naijababe:
Oh for eff sake, give it a rest pip-p.imp.

Stagger, leave Mr flash alone, he's the Mourinho coach in here.

Thanks ma'am. . .never thought of it. . . do you think i can change my id to mourinho?. . . is it still possible?

Oh oh. . . . .sneaky bastard. . . .Nzdcad is warming up for a nice uptrend before it crashes. . . .just waiting for the final pattern to string together. . . when finalized it would be a nice 300 pip move. . . . what a week.

stagger:
Self aggrandizement is one thing that turns me off badly about you. And you just did it again. Na you press the coal tar for road? 

here's more bling for you mr strategy inventor. . . you haven't seen anything yet. . . . i hope you've got glasess on as per my tip.

Just jumped from number 700 ranking to number 36 in less than a week in the ducascopy traders competition. . . . . .that's pretty impressive if i do say so myself considering everyone had a 10 day head start on me. . . . . . .also in the top ten fxopen pamm account competition. . .i'm winning that one. . .it's a foregone conclussion. . . . . shattered my all time pip gathering percentage this week (get it . . .pip gathering. . .pip p.imp) . . . . no?. . . . you guys suck. . .  . . .really blessed week. . . . .discovered numerous chat patterns for price entry and impulse waves as well. This has been a darn good 4th quarter. I bet if i had brought gloom and doom that would have been alright with you,  . .you know what they say. . .a miserble person likes company. . . .unfortunately i'm not one of them. . . . so you are on your own. . . ,  there is also another nigerian saying that says red neck lizard wey fall from tree nod im head to congratulate imself if nobody go congratulate am. Hope you still have your shades on. . . .

stagger:
Self aggrandizement is one thing that turns me off badly about you. And you just did it again. Na you press the coal tar for road? 

yes sir, mr strategy inventor . . . . haters hate. . . players play. . . .player hater. . .guess my bling is too bright for you. . . here's a tip. . . . wear shades .

Holy guacamole. . . . . just woke to see the damage Eu and Gu did. . . . damn i'm good

naijababe:
Shey you know say pesin wey chop alone go die alone sha ?

All will be revealed in my next youtube video ma'am. . . .

Jesus. . . . . found another pattern for precise entries. . . . . this 4th has really been good to me. . . . .watch how audnzd will capitulate. . . .

naijababe:
^ The December competition is $800 for first prize That aint worth the hassle jo

you just missed registration for the current one worth 7k. . . .plus you get the chance to be a pamm account manager, . . . .i trade the monthly to sharpen skills and it does help. . . . .really.

McNelson:
Yes BOSS

which one be boss na?

naijababe:
@ pip-p.imp please send me the link to the fxopen competition. I want to try one these compos jare.

yes ma'am. . . .it's forexcup.com. . . . . . .you need to open at least a demo account to gain access though. . . . .

McNelson:
wow, saw the signal on a 4hr chart. Thanx for the alert. Though I dnt trade that pair. But I'm gonna trade this one. Already in the market

careful. . . . .my trading style requires plenty of patience and minimum 300 pip stop loss. . . .even if the stop loss is hit i will recover it plus interest on the same trade. . . . key word here is patience and money management. . . . .

Eurnzd is really really ripe for a 700 pip fall. . . . .

tonjoan:
Why stay away bro, when 4HR has flagged the bulls? I understand your caution given the whipsaws on the lower tfs but 4hr is well formed now.

This Gu. . . Eu uptrend no go get part 2. . . . especialy Eu. . . .smacking my lips already. . . . .

Just opened my inbox and saw loads of messages from fxopen. Boys are being disqualified like crazy for cheating. . . . they probably got wind i would win the pamm account competion and decided the only way to win was to start cheating. . . . .if dem like make dem use oturmokpo i go still win am. . .7k no be joke. . . . .

McNelson:
Please the gurus in the house should please help me confirm this signal on EURAUD, My system is telling me to sell

the kind of trader you are would determine the response. . . .are you a scalper, intraday or position trader? from a position trader's point of view. . . .the pair is the worst pair to focus on right now cause it's saying absolutely nothing on all time frames. . . . same as intraday. for scalping purposes. . .it is more bullish than bearish.  . . . .but. . . .it is just about to switch to the downside on 5min. . . at the same time i would not put my money on it. . . .i hate scalping. the best pair that i believe is in prime position is the audnzd which is extremely bearish.

tonjoan:
yeah. good set up

All that's left now is to keep fingers crossed. . . . .