₦airaland Forum

how market

@ehimac, really missed u on this forum. happy having thou back @ehimac, really missed u on this forum. happy having thou back

odiaero: Beware of buying today, so u wont end up counting ur loss

taken

@gold.....if price touches pivot and gain support then am buying

;Dhow market

uj has gone crazy

am out of uj.

let's see hw it will retrace

odiaero: Where u hide?

sir,

being busy with some somethings, but am bak and better.

did u see hw crazy uj is doing?

think of buying royce rolls as profit keep rolling on uj

somebody pls hold uj am tired of the profit

o boy see viewing post like when watching el-classico

Hi ,

Here are some of the important headlines that may help with
your upcoming trading decisions today... Also we have the
US FOMC Minutes coming out at 2:00pm EST, so make sure you
pay attention to that release as it may very well change
the sentiment for USD for the week... If you missed my
analysis, you can find it at the link below, as I expect
to see neutral or slightly bullish sentiment for the USD
after the Minutes:


[BREAKING NEWS]

(UK)Bank of England Releases Quarterly Inflation Report
which raised inflation forecast with CPI seen above 2% for
the next year or so compared to its Feb forecast of until
Q4 2012. The report noted that Inflation report chart shows
CPI at around 1.6% in 2 years and at 1.8% in 3 years assuming
market interest rate path and AFT steady at £325B. BoE Gov
King stated during Q&A that contingency plans were being
discussed for some time with UK Treasury and FSA regarding
the euro area. On QE decision he noted that ultimately have
to be driven by inflation outlook, last week decision
consistent with that idea.

WHAT DOES THIS MEAN? This means no more stimuli from BOE for
the time being as inflation is a concern. With UK's GDP
showing 2 quarters of negative readings in a row, the outlook
for UK is bleak at best, and if you combine the threat of a
EU collapse, GBP is likely to weaken further.

(GR) Greece Syriza party leader Tsipras: Interim government
should halt all austerity programs, state asset sales must
be frozen, wage cuts should not be implemented.

WHAT DOES THIS MEAN? Tsipras represents the people of Greece
and we may see the situation getting worse as we approach
the new election in mid-June... Greece may exit EU and there
is nothing anyone can do about it, especially with the public
stand by these leftists politicians. Verdict: SELL more
EURO.

(CN)China's "Big Four" state-run banks were said to have
issued almost no new Yuan loans in the first half of May.

WHAT DOES THIS MEAN? The AUDUSD pair was suffering not
only from euro zone risks, yet also concerns that activity
in China's economy may be faltering. I believe the long
overdue correction for AUDUSD is on the way, so definitely
SELL on any rally.

FOREXMART: How u doing bro? Morning oh.

top of the morning to you bros.

oya, uj move move move

my bet on the betonmarkets just expired out with 2000dollars on gu prediction

it is time to buy uj. once the 1hr candle closes as a reversal candle pattern am in. buy uj

stoploss 79.665. take profit 80.380(for me oo) join me at ur own risk

all the news i gave working as predicted. for those that took it may you be blessed with more pips

am tempted to buy gu now as my bottom bollinger has create support for price, i will only buy if a reversal candle form on the 1hr chart am still watching

for those that read my afore-mentioned news, good luck.

coz am already out with 85pips just now on sell of gu.

(JP) Japan Vice Fin Min Igarashi: Reiterates that could
intervene in fx market if excessive speculation occured.
Reiterates must carefully monitor whether rapid speculative
fx moves are occuring. Must not be overly pessimistic on
Europe, too early to expect USD and EUR weakness to persist
against JPY.

WHAT DOES THIS MEAN? It means don't bet on JPY to gain too
much... as a matter of fact, I've been advising my members
to SELL JPY. Remember last week's JPY strength was due to
the Golden Week holiday in Japan and Europe's Election
fears... with Japanese officials back to work this week,
we are highly unlikely to see further unchallenged strength
in JPY, so LONG USDJPY on dip is my current plan.

(UK) BANK OF ENGLAND (BOE) LEAVES INTEREST RATES UNCHANGED
AT 0.50%; AS EXPECTED. (The was a 16% of chance for 25B
increase in the APT heading into this decision).

WHAT DOES THIS MEAN? If you read my Strategy #5, you'd see
this coming as market sold off GBP ahead of the rate decision
and then reversed its course, classical "Buy on rumor, Sell
on news" reaction... In the long run I'd still be selling
GBP, since there are no fundamental reason to be buying
GBP at this time... so it's time to sell GBP at the high

(AU) Australia recorded a lower than expected unemployment
rate at 4.9% in April, a 1-year low. Employment change rose
for the second consecutive month. The news drove the AUD/USD
higher above $1.0115, but will make an argument not to cut
rates at the next RBA meeting. Full time jobs lost 10,500,
however part time jobs added 26,000 close to March levels.
Strength in the jobs market is mostly attributed to the
mining boom and the huge investments from the major miners
into expanding capacity to meet demand from India and China.
Australia 10-year yields around 3.321% after the data.

WHAT DOES THIS MEAN? I believe that AUD may find temporary
support due to this release, but the key is on "temporary".
I think the overall trend is still down, China is still
going to slow down, and the next quarterly inflation data
for Australia will be scheduled in July, which means RBA
will have to stick with its latest projections, and we know
those projections aren't favorable for AUD... Therefore, I'd
be looking to SELL on rally on the AUD...

odiaero: @ naijababe, answer me na

no it cant work, only mobile app will work for ipad and android

odiaero: Bro mt4 dont work on IPAD

is not mt4,

see, go to fxpro website. at the top you will see TRADING, GROUP, DIRECT,MARKET NEWS BLA BLA ....

just put ur cursor on traing and u will see trading platform at the drop down chose mobile app and go for ipad

odiaero: How did u do it?

direct from the website

i even have it on my android and both are working perfectly.


but i prefer sitting on my LCD, i only use the andriod and sometime ipad to watch my trade

go to fxpro and choose for ipad choose download and install that all i did

or betterstill you can go to market and search for it there

Although the US Dollar remains very well bid across the board (Yen exception) on risk liquidation themes, technical studies are starting to look a little stretched and could warn for some consolidation before any fresh currency weakness. We have mostly been seeing some corrective consolidation in early Thursday trade thus far, and from here, we prefer an approach of selling currencies into rallies.

The Australian Dollar is the outperformer on the day, with the commodity currency finding some relative strength on the back of a very well received employment report. Nevertheless, we would warn that Aussie bulls should not get too excited by this data showing, as broader risk off macro themes are at play, and should continue to weigh on the Australian Dollar. By extension, the latest China trade data was far from positive, and we believe it should have more of an influence on the correlated Australian Dollar than the Aussie employment data. The China data therefore is offsetting, and as such, Aussie rallies are still only viewed as short-term technical rallies ahead of an eventual bearish resumption below parity.

Elsewhere, the ongoing saga in the Eurozone is still very much in the spotlight, and it now looks as though any efforts for austerity in Greece could be out the window, given the post-elections government shakeup. The latest comment from SYRIZA leader Alexis Tsipras, that the Greek bailout agreement was "null and void", can not be sitting well with investors. Looking ahead, the key event risk for the day comes in the form of the Bank of England policy decision, although no change to rates or asset purchases are expected.

my one kobo

odiaero: Have any one ever succeeded in downloading mt4 on IPAD? Ipad is just useless, only PCtoMe am using on it, anyone?

i have but i still prefer my large 41 inches desktop to it

Strategy is to sell currencies (expect Yen) against the buck into rallies

unclenna: the GU move is premature is EU that suppose to start the move.....I see GU go south again(For now am not trading)

guy where you see south, gu continues with an uptrend. watch and see

for more than 10 mins now no pip movement on eu, wetin dey happen

unclenna: life is all about betting and staking...is how u take it dt will make it a gambling. When u place a sell or buy order u r betting that d market will either go up or down. If u bet right u win cash while if u bet wrongly u lose. All na d same bro.

gbammmm.

you have said it all

how market

odiaero: FX is not betting to me, u can only say u risk money to make money, gamble is all about hoping

bros, the only difference btw forex trading and fix-odd trading is just TIMING.TIMING will either make you or break you.

why i like it is that in forex getting just 50 pips at time may take several hours but in fix-odd, i normally use 20mins- 2 hours and cash out 2000 dollars