₦airaland Forum

Concept:
EU ~ Long will hold for the week I think.

FOREXMART:
Unclenna I have an account with fxopen and have visited the site but cant see anything regarding the competition you spoke about.

stagger:
Naijababe, why u dey waste time with someone who is obviously stuck with his beliefs that defy common sense logic?

Imagine writing this statement on eToro education blog where I am a regular contributor:

Would I not have been thrown out of the job since and they will go to town about "these crazy Nigerians".

There is a saying in my language, that a madman sees every other person but himself as mad.

I am not saying anyone is mad, but the same kind of logic is playing out here.

naijababe:
Difference between news and price action   Why do people continue to make this ignorant statement  

News leads to market sentiment which in turn leads to price action! I guess to some people price is a completely independent variable

naijababe:
So am i since i'm pretending to not call you out on your wrong silver call a few pages back 

naijababe:
Okay you are right, i was wrong. Happy now

stagger:
The Reserve Bank of Australia cut interest rates, fuelling AUD weakness, so not surprising. This was a news effect.

naijababe:
This is forex o man mi, could have easily gone the other way.

naijababe:
Are you sure you are  seeing your chart for what it is and not applying your bias? Don't be surprised if it gets to 11++++ before it heads south. If i was trading it, i'd be looking for longs to take me to the 11++++ area.

unclenna:
october/nov. Analysis: eurusd: using d daily chart u wil notice dt d month of oct has been an uptrend n using d wave pattern wil r nw on d 4th wave which is y we had d down trend correction. D 1st wk of nov. Will c d market complete d 5th wave which is a bullish trend n wil take d price of eurusd to 1.44 region b4 d downward trend dt wil folo

naijababe:
Are you sure you are seeing your chart for what it is and not applying your bias? Don't be surprised if it gets to 11++++ before it heads south. If i was trading it, i'd be looking for longs to take me to the 11++++ area.

Blog icon:
Sorry to hear . . . if you ask me for my opinion, I will advise that you quit the 'short' hunts and rather focus on buying on retracements (pending bullish signal confirmations from your trading strategy).
I say so because this pair has broken the major resistance levels, and from all indications (from my point of view, at least) this pair is in an uptrend presently . . . Just my 2cents though. Have a great trading week and month ahead!

unclenna:
@pip love-vendor, do you trade the call you displayed, i don't like long term trading, I wish you all the best

FOREXMART:
Pip love-vendor Do you know how to use murray math? it could help based on what I saw in your video. You did not take your short trades from the extreme. just my contribution bro.

Zeddicus:
I feel you bro. I used to think the highest i could go was the one hour charts but since i moved away from there and taking entries based on the daily charts with the same trading system, my trading has never been the same. I was also scared of the stop loss initially(it gets to 400pips atimes!) but since i properly got my grips on position sizing (thanks blogicon), i take trades with no fear and the number of lost trades have gone down dramatically! Never believed the statement that says "The higher the time frame the stronger the signal" till now.

FOREXMART:
Ziddicus that's on point, very well said. Like I tell my students. You can buy all the trading systems on earth but you can never buy discipline and money management which accounts to 70 if not % of what makes a successful trader. @pip love-vendor no vex abeg.

Thanks.