50pips:

not just looking bearish, but have formed a head and shoulder pattern so downtrend prevail.

@silibaba you tot me all this

HAHAHAHA. Real nice one. By implication, if it goes up, it should touch 96.43 to 96.52 area, the fall at least 150 pips. Tnx for the observation. Will wait on watch. trigger for sell should occur at two levels, 96.20, 96.43 areas. Will wait for sell signals to be triggered. Thanks very much.

Thanks AU. I patiently waited. + 18 now. locked on + 10. lets c how it goes.
Happy pipping

Entered: SELL EJ @ 95.99 SL 96.15 T.P 95.57

Nice work rozayx5. Keep it up.

Good Morning people. Just woke up and have been stopped on + 10 pips on EJ, and +5 pips EU, UCHF.
Am looking at the bearish tendencies across board. Starting from AU.

SELL U/CHF @ 0.9786, TP 0.9765 SL 0.9701

BUY EJ @ 95.91, SL 95.77, t.p 96.39

BUY EU @ 1.2271. T.P= 1.2299. SL 1.2255

WINNINGWAYZ: Unclenna, thnx.
Sell GU @ 1.5720. stop loss @ previous day's high 1.5738, TP = 1.5687

WINNINGWAYZ: As far as EJ does not bridge 96.60, Take sell@ 96.30 Take profit @ 95.88

WINNINGWAYZ: if EU will rise, it will get to 1.2304 but remain under 1.2316. Under this scenario, 1.2242 seems inevitable. SELL .and calculate your SL accordingly.

WINNINGWAYZ: Sell Gold @ 1618. stop loss 1623. take profit 1608. AU SELL @ 1.0472. stop loss @ 1.0493. take profit 1.0410

AU, no problem. Should had known u wanted to obey the whole number rule. I think I will wait for morrow to decide.

Thank you great people

rozayx5:

how do you use it so, that i can beef up my arsenal

Tnx for asking. when it turns green, bullish, red bearish. But the way I use it. not as an entry signal, but a gauge of the momentum. As far as the new bar is taller the the next, the indicated direction has gotten energy to continue its movement.

if EU will rise, it will get to 1.2304 but remain under 1.2316. Under this scenario, 1.2242 seems inevitable. SELL .and calculate your SL accordingly.

unclenna: Am on it sir.............But I will allow my own to run until counter signal.......Na long term ur boys dey now sir.....

WOW... Am really happy Bros. Am dropping Advanced ADX. use it to gauge the momentum of a trend.
See you on the green side of pipsland.
Happy pipping

Sell Gold @ 1618. stop loss 1623. take profit 1608. AU SELL @ 1.0472. stop loss @ 1.0493. take profit 1.0410

As far as EJ does not bridge 96.60, Take sell@ 96.30 Take profit @ 95.88

Unclenna, thnx.
Sell GU @ 1.5720. stop loss @ previous day's high 1.5738, TP = 1.5687

Good work house. Was away for almost a month. The market wasnt really going well initially though, had to modify to suit the market.
I added a couple of indicators that doesnt repaints and got high accuracy. will drop it later.
My price action still intact. when it gets harder, just trap what you know.
Happy pipping

Nice work. Can i contact u via email?
Thnx

Hmm. the market situation calls for caution. Had not traded for a while. long term might not be very okay for now. Am seeing very bullish set ups for EJ. am on BUY now, as far as prices do not break below .95. Enter @ 98.05.
Wishing you the best.
Happy pipping

unclenna: TAKE PROFIT HIT..YOU SEE THE REASON FOR THE 50PIPS....

Well done.
I just sent you an email. plz, respond when you have the time.

My observation is that inside the initial signal of 1-2 AM, there is always a smaller one by 5:30 to 6:AM, before accomplishing the initial signal. You can check and see what I think.

Thank you
Happy pipping

ehizmac: Date symbol type price pips
2012.06.21 EURUSD sell 1.2555 +134
2012.06.22 USDCHF buy 0.9566 +103
these are my positions so far and it still remains...am currently looking at closing this positions when i make over 300% of my account....
i wish i can explain my system but i know if i do more than 95% of people here will disagree so whats the point...since i personally discover this system there is no trade i dont make profit...most big traders in forex do long term, initially the return might be small but as your account grows in size you will enjoy very bit of it. then you will know that forex is just a free money.. i dont trade with emotions or tension because all my entries are calculated out and i know how to turn my lossing trades into very big wining trades so i have no fear whatsoever .... dear fellow traders follow the trend cos its you friend...i hate this two words in forex STOPLOSS and TAKEPROFIT cos its not applicable to my trading style and i believe those words are meant for you to make money for your brokers...[b]not until you know how to turn your losses into wining my dear emotion will never stop hunting you in forex....[/b]those who have ears let them hear...thats my one cent... happy piping guys

Well said bros.
But bros o, this positions have been for like a week. dont you think the lots sizes are to high to give 300% on 137 pips? 50 pips loss could have given margin call?
Plz, no offence. Just wanna learn about it.
Thank you

These are not very good times. locked profits on EU n GU though, will stand aside and watch. Just be careful. Crazy volatility.
I will send the piplocker asap
For those whose internet or broker wont allow for flexibility of closing orders.. and opening, use the close all. those with requote issues. Attach as an EA. I can close all positions once and reverse. You will need it in this volatile market.

hisableplc:
I rather watch GU misbehave cos my alert says buy for gu but am shorting gj and dis 2 r paralel
so my decision for gu is go above weekly pp i buy or close this candle as sell n i join d train 2 south

Nice one for the EJ call. got stopped out on +2 pips. Use the piplocker software. Has been great using it since I got it in this great house free.
Note, when I use tight loss, breaching it is a call for the other direction. Watch out for this.
Keep it up.
The market is rather volatile. Keep your profits.

New Buying opportunities for EU and GU. For the late entrants, risk 10 pips and aim for 50 each. GU @ .98 and EU @ .96

Theyjih: can't agree more.!.

Good Morning BROS. just loving my price action.
Happy pipping

EJ has got more fire power. Risking 13 pips, Am Buying. @ 99.35, as far as closing 1HR candle stays atop 99.37

Buy Gold @ 1575 now. It a bullish run. SL = 1568. 200 pips is the outlook now.
Happy pipping

Good morning.
Nice work all. After the early week's losses, had to observe the market again and fine-tuned my system. Had not traded more than an hr per trade, using price action, so, taking trades and posting is sometimes short.

My Verdict... Buy GJ, GU. GU @ 1.5587 TP = 1.5621, then 1.5700. Stop loss 1.5575
GJ 123.80. TP 124.13, 124. 41, SL=123.68

Happy pipping.

JAkpayen: Buy GU @ market open (presently around 1.5566 SL 1.5500 TP 1.5800 and EU @ 1.2550 SL 1.2510 TP 1.2950

Gooodluck y'all

UCAD is such a potential for a fall to 1.0050

Good one. Am on low risk sell for UCAD.

infofirst: second TP? CHECK IT

Sorry. 101.40.
Tnx

Nice Set up for GU. and AU.
very low risk entry. Buy AU @ 1.0047 and place SL @ 1.0037. 1st TP is 1.0077 then 1.0096

Buy EJ @ 100.94. SL 100.71. 1st take profit @ 101.20, second TP @ 100.40.

http://www.myfxbook.com/contests/trading-championship-june-2012-oanda/9

Hi people,
Told you we will do naija proud. Started the competition this morn and am 9th. where are others?
Had issues with the java thing, could have touched at least 80% with friday's trades. Nothing spoil.
Happy pipping