jorel1:

check ur 4hrs for a head and shoulder formation.. however that level hasnt been breached since 4 years, but at market open you could buy from 1.47911 or current price.

yep, if the trade pans out nicely then I m hoping we ll breach that level, cos my final tp will be above it.

jorel1:
#GBPCHF, wait for the next retracement and brace urself for a long sell. (first buying it next week from 1.4791 and finally selling from some fib or MA level. this position could last for months , a year or more while i add more sell or buy positions depending on the existence of a trend from the 4hrs chart to capture the weekly range for weekly cashout.)
offcourse except 1.5329 gets breached (tested 4 times the last 4 years)
sounds to easy though but i see it playing out that way

price may not retrace to that resistance . but I hope it does, so I can join d sell party.

#GBPCHF , from another perspective,
- just completed its mission of filling the gap created in January
- Broke a trendline base.

GN
Sell limit @ 2.3700
SL @ 2.3770
TP @ 2.2788
Apply due diligence
Risking 70pips for 982pips......let's see how it goes

#eurusd, selling from here 1.14442 short term
ALthough i believe the most of the EURO pairs still got bullish tendencies for the next month..

adeniyia33:
Hello Room,
XM traders please advise me here.
It has been difficult processing my deposit using my Mastercard (GTB).
I was advised to use other means of fund deposit when I contacted XM live chat. The only option left here is Fund transfer (Bank Wire)

Please how many days does it take to transfer fund to xm MT4 using bank wire? Thanks all

Use webmoney to fund your account, then request for xm Mastercard, and you are good to go, other brokers i am aware of with good rep are alpari and instaforex meaning you could fund and withdraw your money locally. IMHO.

sweetmaris:


Sorry please who is happypip

You'll get to know her when you visit babypips.

adeniyia33:
Hello Room,
XM traders please advise me here.
It has been difficult processing my deposit using my Mastercard (GTB).
I was advised to use other means of fund deposit when I contacted XM live chat. The only option left here is Fund transfer (Bank Wire)

Please how many days does it take to transfer fund to xm MT4 using bank wire? Thanks all

if the bank you make use of did it swiftly, within 5 business day, they should get it

stcool:


I had that problem with my foreign broker, the new cbn rules bans use of card for forex, or online betting deposits.
Only way is to get somebody do an electronic transfer into your domiciliary account(note he must also have received the fund through e-channel), then from there u carry out a wire transfer.

Better still open an account with a broker here in Nigeria....atm I use markets.com and forextime, investigate for yourself too!

i don't think cbn ban the use of card online. They only reduced the limit of online transaction to 300 usd per day

Is it possible to fund an account with a bank account that's different from the one you use to open the account?

Karlebolu:
Is it possible to fund an account with a bank account that's different from the one you use to open the account?

CAPITAL NO,,,,,and if any broker give you the go ahead then be ready to be scammed

Capitals:


yep, if the trade pans out nicely then I m hoping we ll breach that level, cos my final tp will be above it.

Bought the open as I planned, got just two trades. Risking a combined 200pts to try and get 1000+pts. Watching my small tf to see if signs that I may be wrong show up and wishing everyone a profitable week

currentprice:


CAPITAL NO,,,,,and if any broker give you the go ahead then be ready to be scammed

Thanks boss.

jorel1:
Its Still bullish next wee but it will only go for a retest of the ceiling, even GBPAUD likely gonna break its ceiling , i dont think GNPNZD would.

GBPAUD already forming a higher low and high...if there isnt any gap down over the weekend , i open a buy anticipating a breakout

#GBPNZD , time for a sell

Capitals:


Bought the open as I planned, got just two trades. Risking a combined 200pts to try and get 1000+pts. Watching my small tf to see if signs that I may be wrong show up and wishing everyone a profitable week

nt looking good, adjusting sl to 14780, 60pts. Also puttn tp on 1 trade at entry price. Switching attention to usdchf, nzdca

endfx1:
GN
Sell limit @ 2.3700
SL @ 2.3770
TP @ 2.2788
Apply due diligence
Risking 70pips for 982pips......let's see how it goes

nice one chairman... but me no get the patience for 982pips ooo

Please, any explanation for this Euro gains

bought au @7225 sl @7190 tp @7380

Capitals:
lots of swing opportunities, trend exhaustion's. The following weeks should be interesting. I suspect the influence of news events, nt too sure

Missed the much anticipated EA sell natruetalk referenced, wont be chasing the market. I got to sell EURCAD instead and got some NZDCAD sell, USDCHF buy as consolation. I biggest winner for the month of August hit tp (abt 980pts for last tp target), lost 120pts GBPchf buy this morning. Hunting for sept/oct big winners. Good luck to me

My CHFJPY buy seems to be under performing, tempted to close it to make up for GBPCHF loss earlier. Anyhow, august has been another good month

A nice Bullish Gartley set-up on GBPUSD/RSI BAMM...Looking for my entry set-up b4 pulling the trigger.

endfx1:
GN
Sell limit @ 2.3700
SL @ 2.3770
TP @ 2.2788
Apply due diligence
Risking 70pips for 982pips......let's see how it goes

Trade stopped out re-entered and may add to sell by 10am

What goes up must come down.

went long on GU since 8am. this trade will be on for some weeks

Capitals:


Missed the much anticipated EA sell natruetalk referenced

It hasn't even shown the trigger for a sell for me.. Still watching.

now I know why someone claiming to help me made me fund my account when I haven't learned the basics in forex,now he is no were to be found he registered me under him as affiliate,can someone help me I have almost lost my deposit.

GU sell entered now at 1.5700 for a 30pips take profit.rrr=1;1

sexaddict08:
Please, any explanation for this Euro gains

Its called a risk sentiment (appetite or aversion)
Risk sentiment, or risk appetite, is a subjective market term used to describe how investors are behaving and feeling, basically the mood of the market. Since a great deal of financial market activity is based on short-term speculation, meaning investments can be entered and exited quickly, risk sentiment is an important concept for investors to understand. The term became a popular descriptor of market activity during the heightened market turbulence before and after the Great Financial Crisis of 2007-2009 (GFC) and subsequently. (Please see important risk disclaimer at bottom.)

Risk sentiment is used to describe investor behavior: essentially are investors ‘seeking risk’ or are they ‘seeking safety’ (risk aversion):

Risk ‘On’: Risk appetite is positive (risk is ‘on’) when the economic outlook is upbeat, incoming economic data is supportive, and markets are exhibiting low-to-normal levels of volatility (both up and down), among other considerations. In a risk ‘on’ environment, investors feel more confident and will tend to buy so-called ‘risky assets’ and sell ‘safe haven’ assets, trying for higher returns. For most individual investors, risky assets mainly include stocks, commodities, precious metals, and higher-yielding currencies, commonly emerging market currencies and the Australian and New Zealand dollars.

Risk ‘Off’: Risk sentiment turns negative (risk is ‘off’) when the economic outlook is poor or deteriorating, economic data is disappointing or downright negative, and volatility is high and to the downside. Unexpected or sudden negative events, such as a financial/credit crisis (as seen in the GFC/Europe in 2011-2013), disappointing economic data, financial sector upheaval (banks in trouble), geopolitical turmoil (such as North Korea test firing missiles), scandals, natural disasters, and even simply market turbulence itself can shift sentiment to risk ‘off’. When investors turn ‘risk averse’, they tend to take two actions: 1) sell existing ‘risky asset’ positions and 2) buy ‘safe haven’ assets. Safe haven assets are seen as the best way to preserve capital during periods of ‘risk aversion’ or panic, and include: US Treasury debt (and other highly-rated government debt), the US dollar (USD), Japanese yen (JPY), Swiss franc (CHF), and sometimes gold.

Why is it important?

An understanding of risk sentiment is important for investors to manage risk, preserve capital and balance emotions. Once you learn that the daily or weekly ups and downs of markets frequently reflect shifts in risk sentiment, you’ll better understand those movements (staying sane in the process) and interpret news, data and events in a clearer light. Keep in mind that shifts in risk sentiment can happen gradually or quickly, and can last for hours, days or weeks, before they may reverse.

Viewing market news and data through the lens of risk sentiment cuts through much of the ambiguity or complexity of individual events. As news unfolds, simply ask yourself “Is this good or bad for risk sentiment?” The significance of the news will generally determine the degree of the corresponding market adjustment. For example, a disappointing minor economic data report in an otherwise positive economic environment may only see risk appetite dented briefly or maybe not at all, suggesting risk assets may dip slightly and then recover. In contrast, a big disappointment in a major economic release (such as the monthly US employment report) against a deteriorating economic backdrop, could trigger an extreme sell-off in risky assets that may extend recent declines.

What do I do with it?

The first step in utilizing risk sentiment is knowing how to find it.

Stocks are among the most obvious real-time barometers to watch: if they’re up, risk is ‘on’; if they’re down, then risk is ‘off.’ To gauge the degree of risk ‘on/off’ in stocks, you can look to the VIX index, frequently called the ‘fear index’. The VIX Index measures market expectations of future volatility (the VIX is a CBOE futures contract on S&P 500 volatility); the higher it moves, the more panic in the market and vice versa.
US Treasury yields: if they’re up, markets are selling US government debt (prices down/yields up) and feel safer or more optimistic; if they’re down, investors are buying US Treasuries and are scared or disappointed.
Currencies (FX) are frequently the fastest reacting of risk assets. More than that, currency markets are always open, so you can gauge the market’s reaction to news or events when stock markets are closed. If the USD is stronger against higher yielding currencies, markets are likely disturbed by news and seeking the safe haven of the greenback. (Non-US investors may also be looking to buy US Treasuries as a safe haven, for which they need to buy USD.) JPY strength (selling others/buying JPY) against other major currencies is another harbinger of risk ‘off’ sentiment. In particular, watch for lower carry trades, such as AUD/JPY or NZD/JPY, as an indication of risk aversion. JPY weakness (higher AUD/JPY and NZD/JPY) suggests risk is on and markets may gain. Even if you’re not trading currencies, it’s important to be aware of what’s happening in FX markets.
Once you’ve got a sense of risk sentiment, you can use it to gauge potential future market movements and refine your investing strategy. For instance, you’ve established a savings plan where you invest $500 per month in stock ETFs around the end of each month. If risk sentiment gauges are all pointing to risk ‘off’, you might consider delaying that investment, potentially buying at a lower level once markets settle down. Alternatively, if you have gains in your existing portfolio, but risk sentiment begins to show signs of turning negative, you could enter/raise a stop loss order to protect your gains in case markets do decline. As well, an investor could also take profit (sell) on a portion of his long portfolio to reduce exposure and manage risk. Conversely, if risk sentiment is positive and improving, an investor may feel more confident buying a more volatile, higher-risk stock and reducing lower-risk, fixed income investments.

While frequently useful, please keep in mind that the risk model outlined above doesn’t always apply. Investors will need to pay close attention to the news and events that might cause a change in risk appetite to determine likely outcomes. However, just simply being aware of risk sentiment can give an investor the insight to make better investing decisions over time.

Yes i can help you IF ONLY you will be disciplined enough to follow my free alert here.

3636enzyme:
now I know why someone claiming to help me made me fund my account when I haven't learned the basics in forex,now he is no were to be found he registered me under him as affiliate,can someone help me I have almost lost my deposit.

.

3636enzyme:
now I know why someone claiming to help me made me fund my account when I haven't learned the basics in forex,now he is no were to be found he registered me under him as affiliate,can someone help me I have almost lost my deposit.

#EURAUD , even if risk sentiment is still on , Just sold..at top