₦airaland Forum

freshcvv:
they are bearish does not mean they are falling right now, they need a push to go down more, both gu and eu, i see gu going to 1.5735-50 again and eu at at least 1.3080-1.3110 before the move to 1.2925 and 1.2880

With the way I see the 4hr setting, I would very much doubt that.

russy:
its like the trend is getting tired, i will rather buy gu than the trouble eu

I think differently. 4hr and daily are so bearish. Please look at the charts all over again.

freshcvv:
buy is screaming to 1.311 at least, 1:2 risk ratio

My bro, look before you leap. But if you've leapt before looking, I guess you might just have to damn the consequences.

bond777:
The "big boys" that move this market can be very very funny and unpredictable. everything is pointing south now - meaning majority of retailers will be calling 4 shorts shorts. De big boys after seeing a considerable number of people shorting may decide to wipe out there positions by taking a contrary move. This market can be crazy. that is y no matter the accuracy of de call don't forget to place SL and use good MM.

Cheers

They only hunt stop losses but hardly change the trend.

FXKing2012:
Those of you buying the euro, u might wanna read these: http://ca.news.yahoo.com/official-doubts-euro-countries-over-whether-greek-bailout-105141920.html

http://ca.news.yahoo.com/frances-societe-generale-takes-hit-greece-072420783.html

I say the euro is going down down down. . .

You know, even the technicals are also screaming along with the fundies. Two strong voices.

The butter is melting.

FXKing2012:
sell eur/usd at 1.3025 with SL at 1.3075 and TP at 1.2925.

Sold already at 1.3022

FXKing2012:
Very right. The trend is way too strong to oppose at this point even though 1.3000 area should pose a real psychological barrier.

That 1.3000 was my tp which I woke up to see met. When I sell, I shall be targeting 1.2960 for now.

Good to wake up to tps.

FXKing2012:
Itz another beautiful day to get paid! I say we get ready to buy eur/usd, what say you?

I will be waiting for a sell opportunity.

aguiyi:
was that a spike or a surge

Spikesurge. lol reason why we shouldnt overtrade.

Thank you fomc for continuing with the trend.

bond777:
FOMC ahead CAUTION adviced,

I no de o,


cheers

Sometimes sef this fomc de disappoint. mkt go just quiet. let's see how this one goes.

Oya, make una close shop for the day go sleep.

Dungren:
^ Icing on the cake for long term traders, it is not applicable to short term traders, and saying in a general term that it is the only way one can make it in this biz is actually false.

There are a thousand and one ways to approaching the market and that cannot be disputed. We are talking about trend trading though. What I find bemusing is a very busy person wanting to trade outside the trend. He definitely will not be able to swim through troubled waters.

Blog icon:
+1

Possible explanations why some traders are having contrary views as to the direction of EU and GU are that;

1.) Some amongst us are very short term intra-day traders; looking to bag from 20 to 50 pips from within trends, and they are done for the day.
2.) Some are scalpers looking for a quick 5 to 30 pips on just any direction
3.) Some don't pay attention to the details and clarity that the higher time frames (daily and weekly charts) speak of the market.

With that said, I'd like to point out that the weekly time frames of EU and GU are strongly screaming a huge sell off. If you read my weekly analysis from my price action trading forum on Sunday you should have seen it.

Whatever category of trader that you fall under, I believe you can make use of the little info I have given above to shape your trading decisions. It is very good to go with the trend, but then it isn't a crime to knock off some pips in those little trends in the major trends.

As for me, I remain very bearish on EU and GU, as well as bullish on Usd/Chf. My long entry has been doing good, though it has been dancing up and down. This brings me to the point that keeping off your live trades is the only way to make it in this biz. If I closed out this trade when it did some correction to the downside I'd be crying that it later shot up.

Safe trading to everyone!!

You've said so many wise things here but the italicized/bolded is the icing on the cake. thumps up.

The trend as they say, is your friend. Nice trading day.

So eur/jpy you finally came through?

X3n:
sorry, I meant TP @3120 not 3180

I de look at 1.3000-1.2993

fxisreal:
thatz my trade for today with sl@1.3060 and tp of 50+ pips. let see how it goes bros.

dont let me discourage you jare. We learn from our failures and successes.

odiaero:
Where are u guys getting this long of a thing on EU self?

Unfortunately in life we see differently.

fxisreal:
longed eu @ 1.3082  sl 1.3060 goodluck

Quite adventurous bro. that's trading against trend except you're scalping on it.

massive greenland

Well, so long as they have a sl.

buy eu?

odiaero:
Why are u guys buying EU?, well am waiting to sell, and will be doing masive selloff later in the day

When the train has left the station?

JAkpayen:
^^I'm looking at entering from 1.3140 with a very tight stop @ 1.3100. I won't be surprise if it hit 1.3285

Don't be surprised if we see 1.3000

good one gu,eu,au and uchf

Ogboraph:
yes the Land is green BUY now EURUSD, EURJPY

Are u serious? With shooting stars all over the place?

JAkpayen:
I'm buying EU and GU joor! Those pair go rise today.

Na later in the day.

The land is green.

@ ogboraph, talking about same ej, I want to console myself with the doji and shooting star on 1hr.

Ogboraph:
forget the news and trade on technical and History of the past days of the market on EUR zone, my terget still remain on 1.3205 on EURUSD as i ve posted in page 67 see my EURJPY has hit my second TP

Congrats on your ej. That pair is the only negative I've had in the week so far even though my sl is yet to hit, That said, i think eu will assume a bullish stance much later in the day or week but for now, it might go to 1.3115 before rising.

aguiyi:
bros no be small matter o, imagine a broker ordering a trader to close his account and withdraw his money just because he had a wining streak

That's laughable. All these new brokers are becoming a huge joke.