₦airaland Forum

Fxmagnate:
Still raking in pips from my sell since late yesterday
Thanks to Tonjoan for views n confidence shared
its bin an easy week,
closing shop.
anybody wanna share my weekend?

^^^this is no lazy NFP o,

abi, d NFP even smooth sef. no scatter scatter. really been an easy. thanks for the thanks. About the weekend, Send your chauffeur to come pick me na.

JAkpayen:
@ tonjoan
The selling continue for EU & GU bro! It has shown sign since yesterday. Abeg JAZES if you are reading this I need 50 units of LR.

Since yesterday my brother. was adding to the short at every brief rally.

Ogboraph:
GU you must hit my take profit target 1.5684 just as i posted this moring thank you @ concept and tounjoun

ALER ALERT ALERT SEE enjoyment BUY USDCAD now @o.99176 take profit to hit 1.0018

Welcome bro.

JAkpayen:
You are really a professional/professor in this business. I doff my hat for you!

Thanks bro

Very lazy NFP abi na NFA sef

whirlweend:
@tonjoan.Greetings bro,I am just viewing the charts now and saw what GU has done.You were right afterall.Well the only condition I would have gone long was not met so I sat it out,I guess the resistance on the 200 dma was too strong.Watching the 4hr tf to see if it will bounce from the support holding it up

It will bounce but we are still bearish. NFP is likely to spike it up for the big dogs to get a good entry after which they tank it further low. Yesterday's low is in view that is if we dont even go far below it and see 1.5650. M ake una no kill me say i de look for too much o.

Fxmagnate:
^^^im beginning to dof my hat for u tonjoan, keep it up, straight n simple

Thanks bro. Time to take a break and return for nfp

Much as gu is bearish today alongside eu, I'll advice you don't enter a new short here until it bounces like 30 pips from this low.

Time to bounce on gu for a few pips.

mekuzoil:
A couple of guys have requested I share again my NFP trading strategy. May I then share.
At the release of NFP, the attendant noise will rent the air. That's not a time to take a position. I usually wait for the dust to settle and go to 5 mins tf to look out for a harami formation. Once you spot it, look out for the candle that closes either above or below. If above, we go long for almost 4hrs and vice versa.
Safe trade everyone
@tonjoan


Thanks, bro, for sharing this,U always bring more confidence to the table.

Welcome bro.

That gbp news might just do this. Make gu go to 1.5770, bounce it up and make us range a bit before we begin the final descent to yesterday's low as would be aided by NFP

fxisreal:
Gu is playing around the dailypivot, as d price is waiting for d news @ 9.30 b4 real action. as for me i stay with SHORT today. Goodluck mate

Short is the way to go. I wont be surprised if we see the low of yesterday.

A couple of guys have requested I share again my NFP trading strategy. May I then share.
At the release of NFP, the attendant noise will rent the air. That's not a time to take a position. I usually wait for the dust to settle and go to 5 mins tf to look out for a harami formation. Once you spot it, look out for the candle that closes either above or below. If above, we go long for almost 4hrs and vice versa.
Safe trade everyone.

gu, the most erratic dancer amongst the currency pairs.

Somehow, I see us seeing yesterday's low on both gu and eu.

whirlweend:
^^^ eu or gu

Both.

Ogboraph:
yes you are correct pls any one trading GBPUSD should be very carefull on this sell call this GBPUSD may go up any time soon so to your own peril

Smokescreen

whirlweend:
You are very correct ma'am.For the dax to have gone up,it means there would have been a high demand for the euro by investors in order to go bullish on the dax.Small wonder euro has been shooting up.

I believe gu is preparing for an upside breakout;Ascending triangle pattern on the 1h TF.I am waiting patiently for price close above the 200DMA barrier before I pull the trigger.Are we looking at the much awaited 1.6xx?.

I wonder why I seem not to see the reversal. I still see it as a retracement. The daily charts just dont look good to me. stop loss will be the account rescuer eventually.

naijababe:
All I'm going to say is this, if you are short on either gu or eu, be careful

The dax - (german index) gained 140 pips today with no sign of pausing, Eu follows the dax like 5 will 6. Whatever I do, I wont be shorting eu

Long time. How is it going?

nolly042:
@concept three black crows almost formed on our pair. it is still saying the same thing to our current trend

It's so great hearing you mention three black crows. You're becoming a candle expert.

nolly042:
lite forex and fxsol or am i wrong with the name.

I don't have those brokers platform so I would't know but fxcm seems to have something like that but it wasn't a well formed shooting star. However, the height of that candle needs to closed above for a valid buy entry to be made, otherwise we look very likely to fall from that high.

nolly042:
i guess their was a bad market for the gurus in the house today. tnk God for today cos mine was good. i only regret closing my usd/chf sell in the mornin. God is ever faithful[b] the shooting star we saw on the GU 4hr TF was wrong[/b] cos it neva appeared around any[b] weekly pivot point[/b]
1 HR TF causes noise in the market especially when u are not yet sure of the direction. tomorrow is anoda trading day. ur book is actually sinking in my head gradually.

Shooting star on 4hr/ Which platform be that?

gu better respect this your double top and begin your descension from here.

It is not whether you are right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.- Stanley Druckenmiller (one of my favorite traders)

Kashif:
Today, USD pairs misbehaved across board. I can see most people pitching their tents with GU and EU sell; please be careful. EU gave me a blow this afternoon o! We all need to get over what we call recency bias. Unfortunately, this will continue to haunt not very experienced traders.

Frankly, study of candles - shooting star, hanging man, morning star etc work better in stock. You dont have to believe me anyways

Forex trading is simple, only that it is difficult.

Shalom

What a submission. lol

nolly042:
we are about seeing morning star on the daily chart for both EU and GU.

Yeah. Will wait to see how the day closes. Won't be surprised if the day closes with a shooting star. You know, with those reversal signs forming on the 1hr, one has to be wary of going further long until it is thoroughly broken.

nolly042:
we are about seeing morning star on the daily chart for both EU and GU.

Yeah. Will wait to see how the day closes. Won't be surprised if the day closes with a shooting star.

odiaero:
At trojan, am still waiting for the selling u comfirmed that will start 4 hours ago

aeronautic aero, is there something you're taking personal?

eu 1hr. Shhoting stars. One being a doji shooting star neccesitating an evening star formation off the daily resistance. The trip to 1.3000 might as well have begun.

gu 4hr, bearish harami right under the daily resistance plus a potential bearish divergence. The trip to 1.5650 might have begun. I always speak as a trend follower o. lol

nolly042:
sir this hammer on the 4HR TF on GU is it for the good of the short or a continuation of trend

What particular candle were you referring to?

nolly042:
sir this hammer on the 4HR TF on GU is it for the good of the short or a continuation of trend

my bro, I havent been on the chart for hours now and wldnt know how exactly the it looks now but I wont be surprised if it drops from 1.5830 and form a bearish pin bar cos I spotted a resistance there plus a potential bearish divergence.