₦airaland Forum

This story is very funny.

I am sure what you refer to as petty to him may not. We are different in our individual personality so if he says he wants this then just give him and be happy.

I usually use one funny phrase on my wife each time she gets on my nerves and the phrase is as harmless as anything to me but she hates that phrase like hell and i have to stop using that.

Also as an e-commerce person, my wife complains that i spend so much time with the system and i just hate it when she refers to this issue and it almost caused serious quarrel at a time but she has learnt to tolerate that aspect of me so as a couple you must never and never undermine the dos and donts of your spouse else we will only be brewing trouble every now and then.

flexiblekolly: Its what I'm using. All U need to do is to mail me or call me (kolascope@gmail.com) or (08183466400)...

We will be glad to have you explain here how it works.

This is a laudable gesture an very well appreciated. I wish you success and i will follow up to see the progress.


This is the transparency we need in this business and not some funny copy and paste lucky greens. Wishing you the best.

honeric01: Are you a woman?

I know it will be very convenient for some rationale people here to advice i just chill and let any bias post pass but is that really the ideal thing to do.

Honeric i need to answer this people and let them understand that baseless ego-centrism is not a way of life to embrace.

I am here because i believe i have something to offer but i forgot that this is a Nigerian forum.

The best way out is for me to stop posting here.It seems this thread is filled with 90% jokers. Wishing you all a pips full carrier.

Toks2008: The 1hr swing configuration still suggest a further intraday bullish correction to res 12965 and we may see a range bound move if res 12965 region proves formidable.

let me quickly drop a hint about break out confirmation.

If you are expecting a certain supp or res level to get broken, say we are waiting for res 12965 to get breached or hold. You dont just buy immediately because price moves higher to maybe 12980.

You will wait for the close of that candle stick that breached that res to close. you may use the 1hr or 4hr for long term swings.

Then you can place a pending buy above that candle say 10/20pips above the high value(attach data window to your chart to view close/open/high/low values of candles).

so lets say the hourly candle breached 12965 and closed with high at 12980, a buy stop at 13000 will be ideal.

if the next candle triggeres that entry then you are 80% sure that that level has been breached and same goes for a supp level.

hope this helps.

in view of the above illustration, a breach of res 13011/21 should suggest a bullish takeoever hence we are likely to see euro glide down smoothly.

wizecoder: GUY we trade differently i may be comfortable with 20 pip SL, guy U do not sound like the pro u want us to believe u are....besides... its more profitable to trade dn train that is if u know how to trade....
@winningways....me need a tithe of that ur monster trade

Wow1 Wizcoder, i had always held you in high esteem but i am so disappointed with this your post as it makes me wonder if this is coming from an EA coder who i expect should be highly intelligent.

Imagine your comment to a swing trading illustration. This goes to show how disdainful some people can be.

This thread sucks. Imagine his comment to my swing trading article whearas any one with very little iq will understand that he is writing from an intraday trader point of view so why the need to quote that comment i made on swing trading. Oh my GOD

I may stop posting here after today. This is suppose to be a forum where opinion can be shared freely without any bias opinion from people but some people have turned it to something else.

The 1hr swing configuration still suggest a further intraday bullish correction to res 12965 and we may see a range bound move if res 12965 region proves formidable.

let me quickly drop a hint about break out confirmation.

If you are expecting a certain supp or res level to get broken, say we are waiting for res 12965 to get breached or hold. You dont just buy immediately because price moves higher to maybe 12980.

You will wait for the close of that candle stick that breached that res to close. you may use the 1hr or 4hr for long term swings.

Then you can place a pending buy above that candle say 10/20pips above the high value(attach data window to your chart to view close/open/high/low values of candles).

so lets say the hourly candle breached 12965 and closed with high at 12980, a buy stop at 13000 will be ideal.

if the next candle triggeres that entry then you are 80% sure that that level has been breached and same goes for a supp level.

hope this helps.

FOREXMART: I advice you pause for a while. It all happens to us cos from the complains people are posting here. Your analysis and calls are doing more harm than good to them. Personally your analysis does not affect my trading but like i always say, the newbies are very vulnerable, believe me i have seen it all from season 1 to this current season. We have come a long way. I advice you pause, go back to the drawing board and try as much as possible to make your opinion more textbook defined. Weldone, Ese.

Of what use is this thread anyway if all we get here are sarcasm and unwarranted bias towards one another. Why are Nigerians so myopic in our reasoning.

Each time i log in here, i see different traders sending different chart pics and trade suggestion. Any intelligent and positive thinking person would either use it to compare his/her trade suggestion or overlook it.

Toks2008: Now if im to give alert on euro, i will say buy to res 12965 and wait to sell if that res holds

Now i have sent an article here before explaining how you can confirm a true break out. so all you do is wait and see if price breaks 12965 and the next 1hr candle breaks the high of the candle that breached that initial break out candle by 20pips. Then we forget selling, else we sell down to 12876 or lower so this is very clear.

Now what harm has this comment done?If you read this and it agrees with your trade set up then fine and if it does not simply pretend you never saw it.

May GOD help Nigerian forex traders.

Kashif: Warning: If you don't have a means of livelihood, dont look at forex! You need to have a means of funding your account because account blow-outs must come. It is your resolve not to give up that keeps you going. After you have stabilised (may take years for many), then you can make it your primary income stream.

Good morning peeps!

You are perfectly right my brother. But above all, we must learn to be disciplined because greed is a monster that will always come up but we will need another source of income so that we can always fund your account each time we lose it as a result of greed.

[quote author=raycolz_84]moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me[/quote]Now if im to give alert on euro, i will say buy to res 12965 and wait to sell if that res holds

Now i have sent an article here before explaining how you can confirm a true break out. so all you do is wait and see if price breaks 12965 and the next 1hr candle breaks the high of the candle that breached that initial break out candle by 20pips. Then we forget selling, else we sell down to 12876 or lower so this is very clear.

[quote author=raycolz_84]There is an adage that says "if someone wears a cap, its another person that can conviniently say how the cap fits the head or not, and not the person wearing the cap"... You are jus so full of self praise.. "I am so skilled in this business, am the best with technical analysis, am this, am that" please save us all these sermons okay! If u are really that good, increase your lot size and make more money for ur pocket, moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me, no hard feelings anyway, ‎​Just felt i should drop this, this is forex where anytin can happen, and we are all still searching for the HOLY GRAIL.[/quote]Any time i see a bias comment like this, i always make it a duty to check the profile of the poster and past comments. Having done that, i have made my conclusion about your personality.

Nevertheless i will assume i did not see the derogatory side of your comments even though you ended with a false notion.

But let me give you a little bit of education here as regards your comment.
"moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me"

1.First i want you to understand that no matter how sure you are about a trend direction, it remains speculation. Nothing is guaranteed in forex trading except loses.
2. I am a swing trader and i base my speculation on failed supp and res levels so when i write a phrase like "if" you need to understand that its simply based on probability because all trade decisions are based on supp and res levels.

If you check my posts here, my alerts are very clear to intelligent traders and if you check the time tag on my posts, you will see that i make my speculations hours before the scenario unfolds. So its far from guessing and at the same time it remains a speculation.

Furthermore, i want you to understand that i am not full of myself as your wrote. I am only down to earth. When i say i am skilled in identifying trend and swing set ups,i don't see why that should get any right thinking person angry. There is nothing bad in saying you are good at what you do, it can only be subjected to trials and you are not in any position to advice me on what to do asking me to increase my lot and so on.

Let us all have a positive attitude towards our fellow humans so that we can make progress in life.

many traders place stop loss indiscriminately and when stopped out, they blame brokers for hunting their stop

The coders of mt4/mt5 have done it in such a way that random moves will always take place and this is why swing trading is very ideal.

Its like taking a flight from Nigeria(supp level) to new york(res level),along the way, the pilot might be forced to divert and make a stop over ue to storms and unforeseen circumstances(reversal and retracement points) but will hardly return back to Nigeria(supp level or oversold level) at lest 80% certain that it will get to New york.(res level or overbought level)

This is just how swing trading works

Any crazy reversal points can come up if you are buying a pair from the oversold region to overbought region or vis avis.

These reversal points are sometimes very strong that it will cause a strong retracement but most times will not break the strong supp of the over sold region and your stop loss should be placed below this supp.

Ability to identify vivid supp and res levels is what traders should learn and stop blaming brokers when they get their unrealistic stop loss hit.

Hope this helps

Toks2008: Random price movement will forever be the nightmare of traders. Euro still down on the 4hr bit we just might see an intraday bullish correction to retest res 12965 so you just may decide to hedge your sell position to that level leveraging on crazy moves while you adjust your sl of the long term sell to 12981 or you may decide not to hedge and watch the drama

The present euro swing configuration still suggests this move so trade with care.I guess we may have to wait for the NFP news tomorrow to propel euro far down.

Happy pipping

I have received many e-mails from Wanna be traders wanting to get into forex training and the moment i tell them they will need to subscribe for training, they complain they don't have money and i'm referring to Nigerian wanna be traders.

So i wonder where they intend to get money for the trading proper.My online practical oriented training is very convenient for anyone but its very tasking for me so if you are expecting me to use my internet bandwidth to do verbal training and also spend my time to be online to give you quality training for free then you need to look elsewhere or just do self training which is not a bad idea. I give free tips in my skype room which is very free but i don't do proper one on one training for free. I need to put a fee on it to make it valuable and the fee i charge is miserably small co pared to the quality of practical training i give.

I have noticed that many Nigerians will rather go live with 10k usd and rather lose it than to spend a paltry sum of 100usd for good practical training.

There are 3 ways to learn this business.

1. Learn the hard way by losing your money without getting required training.
2. Self education which is not a bad idea.
3. Get the proper training from an experienced trader who knows what he is doing.

And a note of advice to wanna be traders, before you pay anyone for training or seminar, ask that trainer to give you 3 or 5 trading signals and if he makes green 3 out of 5 then you can go ahead and get the training from him/her.

Forex trading is not a bread and butter business. Its either you are ready for it or you forget it.

samkoro: Gej or ur Oga Jona never inspired that satanic incident.Oga jona will never love those pictures.

Those satanic scenes are inspired by ur god Allah. That satan called Allah is what inspired it and not the hard working president.

Islam is a religion created by satan to decieve million of people to hell fire.

Allahu akbar!! they shout praises knowingly and unknowingly to satan.

Let's not be too irrational in expressing our grievances. These killings in question can never be carried out by right thinking Muslims. I am convinced that the extremists are only hiding behind Islam to do these evil acts. Islam can be a volatile religion in the area of seeking retribution which ought to be God[s duty but generally Islam is a religion of peace.

My only wish for all Muslims is to accept Jesus as their lord and saviour irrespective of whether they are Muslims because Salvation has nothing to do with religion. Nevertheless, lets pray for the bad eggs that are hiding behind islam to perpetrate evil acts.

For how long will this continue?

Toks2008: The present euro bullish correction should be an opportu nity to sell back with sl at 12963 tp 12848 now at 12928.

Random price movement will forever be the nightmare of traders. Euro still down on the 4hr bit we just might see an intraday bullish correction to retest res 12965 so you just may decide to hedge your sell position to that level leveraging on crazy moves while you adjust your sl of the long term sell to 12981 or you may decide not to hedge and watch the drama

Toks2008: The bears are really having great fun with euro and we are likely to see a bearish continuation to supp 12720 but as we already know, price movement does not give us the luxury of smooth glide all the time so i will advice traders to exit their sell position around supp region 12842 as we just may see another crazy bullish rally at that point and if that point get breached we will wait for confirmation and make a decision.

Trade with care.

The present euro bullish correction should be an opportu nity to sell back with sl at 12963 tp 12848 now at 12928.

Toks2008: Buyers of euro should hands off totally if euro tests res 12959 as we are likely to see a crazy fast moving bearish crash if that region holds.And the crash may go far down to supp 12759 or even lower.

The bears are really having great fun with euro and we are likely to see a bearish continuation to supp 12720 but as we already know, price movement does not give us the luxury of smooth glide all the time so i will advice traders to exit their sell position around supp region 12842 as we just may see another crazy bullish rally at that point and if that point get breached we will wait for confirmation and make a decision.

Trade with care.

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Toks2008: Buyers of euro should hands off totally if euro tests res 12959 as we are likely to see a crazy fast moving bearish crash if that region holds.And the crash may go far down to supp 12759 or even lower.

So lets see how far the bears can go. Trade with care.

Happy pipping

Toks2008: We are likely to see another intraday bullish rally today on euro as a breach of res 12926/936 may see euro moving higher to test res 12959 so traders should watch out for this.

Prolific intraday traders can also consider buying euro 12891/12876 with sl 12846 and tp at 12959.

Trade with care.

Buyers of euro should hands off totally if euro tests res 12959 as we are likely to see a crazy fast moving bearish crash if that region holds.And the crash may go far down to supp 12759 or even lower.

Toks2008: If euro eventually tests res 12959 then i will advice euro buyers to hands off and chill out cos that res looks so formidable to send the bears in swift motion so you may buy with great care to that strong res point.So lets as how euro plays out the melodrama.

With good mm, you will certainly enjoy the madness of crazy price movement and you can even leverage on it of you understand your supp/res levels.

We all can see the randomness of price action and to think that some people just aimlessly trade these flimsy moves. If a trader must take advantage of random moves, you should first get a drift of the destination then simply wait for pullbacks and buy or sell in that anticipated direction.

The 1 minute chart is ideal for catching these flimsy moves and to take advantage of it.

For instance, i anticipate that euro may test res 12959 and if i simply want to open trades on pullbacks, i will go to the 1 minute chart and use stochastic 20 10 10(modified settings and wait for the fast and slow lines to move to over sold and buy for 10/15pips, wait again for the stoch to move to oversold region and buy again.

If you check the 1 minute chart you will see that such have happened several times in the course of this present euro move.

So if you must scalp at all, do it in the direction of the existing intraday trend and not long term trend. And this applies to all trading instruments because they all have the same swing scenario.(overbought and oversold situation)

Even looking at gold, the swing configuration shows a possible bullish advancement to res 1790.80 but if you want to scalp this possible bullish move, just go to 1min chart and attach stochastic following same process of buying at over sold region.

Hope this helps

Toks2008: We are likely to see another intraday bullish rally today on euro as a breach of res 12926/936 may see euro moving higher to test res 12959 so traders should watch out for this.

Prolific intraday traders can also consider buying euro 12891/12876 with sl 12846 and tp at 12959.

Trade with care.

If euro eventually tests res 12959 then i will advice euro buyers to hands off and chill out cos that res looks so formidable to send the bears in swift motion so you may buy with great care to that strong res point.So lets as how euro plays out the melodrama.

With good mm, you will certainly enjoy the madness of crazy price movement and you can even leverage on it of you understand your supp/res levels.

infofirst: Thanx for the insight n that is the point, we need to wait for right entry

And believe me friends, if we all can be very disciplined to wait for the right time to place a trade and i mean when your trading method says go,i bet we will all have the course to smile almost all the time as we will always have more wins than loses.

But many traders are impulsive traders. They see a flimsy short term price movement and they just punch the order button without really guaging the trend and carefully plan their trade.

It pays to be patient and never ever be scared of losing because you actually lose more by trying to avoid loses. Losing and gaining is an integral aspect of fx trading and we are only expected to make more profits to cover the loses.

Toks2008: I trade using failed supp and res levels and as i wrote before, i am highly skilled in this area. So buying euro at supp 12891/12876 with sl at 12846/12836 with tp at 12958 still remains a good option. If 12846 get breahed, i will wait to sell euro after a pullback.

Because the swing configuration i see still suggests a bullish rally on euro to res 12954. That is the intraday swing i see,

But if supp 12846 gives way,i sell down to 12808 and recover the lost pips as well as make new pips down thereby still maintaining profits. That is my intraday style of trading.

Forex trading no easy and we can only speculate so make we dey see how euro go play the cards today.

Even with all these moves, we could still see a glide down to supp 12876 before a definite move up but as i wrote, if res 12826/36 get broken, else, i still see a crazy rally down to 12876 before a possible blast up to 12958.

Bollinger: Careful toks, i think EURUSD is on the verge of tumbling like a drunken sailor. Might be wrong though. I really don't have too much affinity towards the pair. how have you been anyways?

I trade using failed supp and res levels and as i wrote before, i am highly skilled in this area. So buying euro at supp 12891/12876 with sl at 12846/12836 with tp at 12958 still remains a good option. If 12846 get breahed, i will wait to sell euro after a pullback.

Because the swing configuration i see still suggests a bullish rally on euro to res 12954. That is the intraday swing i see,

But if supp 12846 gives way,i sell down to 12808 and recover the lost pips as well as make new pips down thereby still maintaining profits. That is my intraday style of trading.

Forex trading no easy and we can only speculate so make we dey see how euro go play the cards today.

Toks2008: Long term trading is good but its best when you use intraday charts to trade it taking advantage of pullbacks. Leaving positions to run for too long is not advisable when trading manually as random moves will and must surely come in thereby watching profitable pips disappear before your very eyes.

Fortunately i am very skilled in identifying strong supp/res levels and i simply use this as a leverage against random moves. So we may see a strong move down on euro but i will advice that traders exit their sell around supp 12828 and wait for another possible pullback.

We are likely to see another intraday bullish rally today on euro as a breach of res 12926/936 may see euro moving higher to test res 12959 so traders should watch out for this.

Prolific intraday traders can also consider buying euro 12891/12876 with sl 12846 and tp at 12959.

Trade with care.