₦airaland Forum

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Owliver:
nice trade meehn. cad is getting ready for strength. usdcad says so.

Mftivi:
you always want to trade with high TF horizontal levels cos it has more credibility and takes more data into consideration.

Its safer to trade in direction of the daily and 4hour trend momentum and retest of a broken level saves you from entering a fake breakout.

Avoid Asian session breaks it fails most of the time.

mark your horizontal levels on the daily and look for entry signal from the 4 hour TF when you get a hang of it you can go lower to 1hour and 15 but you know these TFs are kinda noisy.

IF you must trade breaks directly let the breaking candle be a power candle enter at the break of the high or low depending on the direction you wanna trade. these are just my opinion and not a hard rule.

Thanks

Kirinwa:
Bros based on news release

Kirinwa:
EJ buystop @ 137.00
EA buystop @ 1.5800
EN buystop @ 1.7900

stoploss is 50pips for all
Target open

Owliver:
yes but sometimes it does not get there before buyers continues and sometimes it will drop back under the zone.

Owliver:
Yes. except you want to take few pips like 30, 40pips or even more base on the volitility level of the pair. Daily tf should give you trend bias and then you find an entry in smaller tfs. meanwhile, you should know that bias changes, you'll have to determine that on the charts when 'important' levels are breached.

Owliver:
the pair is currently sitting on a pivot zone. theres a sell set up on 1hr tf but daily tf is bullish so you stand aside.

Owliver:
exactly sire

Owliver:
can you pls tell me how to get to forextime lagos branch and their customer service number?

Owliver:
if the pupple line can pass today then i'll leave this trade till tomorrow.

Owliver:
Oga me sef dey learn oh no reason far people wey you suppose learn from no dey come here regularly again.

Owliver:
it should no much threat

Owliver:
ok thank you sire

Owliver:
but i heard CBN stopped that. how true is that?

Owliver:
how do they make deposits and withdrawal?