₦airaland Forum

nolly042: dont say i always counter ur moves but the market is not just too safe buying it at the current price. look at the daily properly. note my pair anyway

You are right bro,it isn't safe yet to buy.Even concept has agreed with that when he said buying might start after the next retracement.

Concept: yeah bros, your analysis on the pair is close to mine 300+ pips here. It might start from this next retracement. Goodluck bro.

I expect price to bounce in the region of the Psych Barrier of 9200,if that should happen,that will just be the time to go long for at least 300pips.Good luck to you too.

Hello house,been a while.

tonjoan: To all who have the details of my traditional wedding holding tomorrow, I say see you there.

Congrats again bro.May God bless your union.

Concept: Can somebody trade CADCHF in bulls direction? It is going to be a fortune.

I always admire your foresightedness.Been on the tail of the pair.I am not pulling the trigger yet cos i m monitoring it from the weekly,it is going to go up and down for a little while but when it is ready to trend strongly,I am going to be waiting..looking at 300pip rise eventually.

nolly042: tonjoan and whirlwind a big tnk u for saving my account today. just say u are welcome cos u won't understand what i did there. whats happening in Lagos fellas?

You are welcome.We are all here to exchange ideas.

tonjoan: Preparing as much as I possibly can. If you're in Lagos, please join us.

Would have loved to be there but I am out of Lagos and will be in a long while.

tonjoan: always seeing things from my point of view. How u de? Been a while.

Bro,I dey fine o.Hope the prep for the d-day is going well.I always look at the higher TF to see what is happening before I enter a trade on the lower TF.I think eurusd just hit a minor resistance.This is why I am staying out of it for now,no trend strength yet in any direction.

nolly042: 4 hrs is saying bear sir n am flowing with them till weekly S1

Eurusd is still bullish on the daily and I see a strong support on the daily that may bounce it up.Still on the sidelines though waiting for a clear cut signal to enter a trade.

Fxwarrior: I wish to make certain points clear and thus erase every misunderstanding once and for all.I have not categorically stated that scalpers are gamblers.I only said that scalping is not trading.Of course I am entitled to my views.It is my fundamental human right.I was asking for explanation from Ogbograph to determine if scalping gives rise to gambling and the money management behind it.I was misunderstood.My apology was borne out of humility and willingness to end unnecessary rivalry and arguments. I didn't say scalpers don't use stoploss.While reacting to what 9japipper said,I stated,stoploss not placed 'ATIMES'.Even Ogboraph who is a scalper confirmed that he doesn't use stoploss.We should read in between the lines to understand simple English before responding to the dictates of our heart.I have a scalper friend who in a bid to make 10pips in 20 trades lost his account balance.I have never,I repeat never claimed to be the best.ENOUGH SAID let's concentrate and focus on tomorrow's analysis.

Seconded!,enough said really.Lets move on.

nolly042: some systems of trading can actually be tiring. making a sell call when u r see a wonderful move to the northern hemisphere

Bros,i was going to caution .banito but was too busy tending my trades.Just closed my long ej since friday for 118 pips and hope to re-enter long if after the 4hr close,bulls are still in charge.

tonjoan: Long time. About eurjpy, 106 no be moimoi but with wetin i de see on daily and weekly we de very likely to get there.

Hailings bros,I feel you on the ej,the signs of tanking don dey show already especially on the daily just like you mentioned and the key support on the daily is at 106.xx,even the 4H is showing signs of bears creeping in.As you don talk so,na to keep eye on the ej be that.Uj done dey lose upside energy gradually but I am still holding on to my uj long till I get a confirmation it is not a simple retracement.

@odiaero.Na u o.Give some to a brother na

Hello house.Just setting up for for the day.Had to take time off after the misadventure of GU yesterday .I thank God for CJ,GJ and UJ for restoring most of the losses in GU.

@Tonjoan.106.00?,that is gonna require some serious selling pressure,too many barriers on the way down,besides UJ is not letting up just yet,you know he likes to influence his brothers.We dey watch sha,to jump in once the tanking starts.

@piphunter.GU is neither here nor there,it is gradually creeping into consolidation on the higher TFs to pack up energy and then burst out in whatever direction it decides to go.

JAkpayen: Why not sell from 1.0520 for 120 pips target. That where I'm seeing it go

AU doesn't seem to be ready to go down yet.Out with -13pips when i noticed a strong support on the weekly,how could i have missed that.

^^^.I anticipated that might happen,I planned to add to my position when price goes above my entry and reverses hopefuly.

sold audusd @1.0506,TP @ 1.0406

@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

^^^ eu or gu

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

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?.

Concept:
Supposing forex has a licence I would have told you to let the authority revoke my own if your expectation on GBPCHF is met. If you sell, I am not saying here that there will not be pips but there is a saying not the quantity of trade but the quality of trade. No way you can compare 1000pips with 80pips. GBPCHF should be an order entered with trailing stop & forget it for a while because the trend up is just building up. Nolly04 is seeing resistance on daily, I am seeing support there.

You are right about the support.Been tracking the pair,there is a very strong support on the 4H,daily and weekly @1.4429 area preventing the downward slide.The strength of that support will surely determine the direction the pair would go.I think the support would hold for now.

Yen crosses pumping out the pips!!! .UJ dragging his pals down.

Ogboraph:
going for brain reactivation brain is no more thinking right just loss $1000k on this so guys trade well till brain is fix GBPUSD  

Sorry bro,that is the nature of the business,I know you know that.Like I said yesterday,the bulls are still shackled,GU is practically wearing 'shorts',its going to take a powerful news to shake it out of those shorts.Reevaluate and reassess your analysis and wait for the buy,cause its sure going to happen at some point,the signs are already showing on the daily or just go with the flow for now.

Ogboraph:
pls help me analyze this let evry one do the maths

this is my life trade i ve placed it already so if i loss it no chakking

I see your point bro,I use MAs to trade too.I can see where you are coming from,the fast MA crossing the slow MA and the upward push.You maybe right but don't you think you pulled the trigger too soon.I would have waited for a cross or at least a 'kiss' and then hopefully price retest the fast MA and bounce before I pulled the trigger.This is FX bro,you might just be right cos nothing is guaranteed.

tonjoan:
Thanks bro.
I never told you. i've followed your analysis a couple of times and I must admit, they are quite insightful.

Coming from the Guru of candlesticks charting,that is a huge compliment.Thanks,just doing my bit to reach your level.

Ogboraph:
GBPUSD 1.6009 here we come  

GBPUSD 1.6009 here we come    

GBPUSD 1.6009 here we come    this is to announce the soon arrival of 1.6009 on GBPUSD  

Not so fast bros,the bulls are still shackled

tonjoan:
Thank God fxisreal has sent it to you. Enjoy the book cos it will blow your mind.

Lol. 1st, let me thank you for taking some pressure off my shoulder.
2nd, there's no problem and i wasn't busy with the chart. I was off my system practically all day as I'm preparing for my wedding. This means I may not be so chanced to be here as I would have loved to.

Congrats bro,wish you the best.

okemmadu:
really? mine says S2. i use IBFX Daily pivots.

EU is on S3

tonjoan:
lol at the highlighted. It was worth the wait wasn't it? Ol'boy you be grammarian o. I'd advice you don't chase 1.6 yet as 1.5824 looks feasible and perhaps, 1.572x on monday before the 1.6

Yes boss.Just checked my charts,the H4 tells me 1.5824 is near and my daily tells me 1.573x is possible before the upside move but I guess your eagle eye is already seeing 1.572x already .Will be looking out small rallies and see if they bounce off a resistance.

Just logged in to see GU hit all my TPs except one at 1.5846,still looking good to take that out.What a wait for the GU fall,3days of foot dragging and protracted debate as Tonjoan would say, Thank God it panned out as planned,my capital exposure on this GU was much.

@Tonjoan.U too much joor,at a point was almost losing faith in my analysis if not for your encouragement.
Time to prepare and look out for 1.6xx

tonjoan:
GU traders, a good sell opportunity just presented itself.

Bros,I hail o.Just added to my shorts of yesterday before I saw your post.Your eyes sharp die.Was watching the 30mins chart waiting for the bounce and it just did.

Just logged in to see GU still playing hide and seek.A lot of debate over GU going up or down.My advice;stick to what your chart is telling you.As for me,I m still holding my short from yesterday,it may seem countertrend but I believe GU is going to tank,a deep retracement before the upward move.My TP is 1.5840,so help me God.

tonjoan:
TY Bello's song "The land is green" is renting the air right now.

Congrats bro,eurusd went as planned.Wish I was more greedy