ehhya.... i pity you and your trading cycle with this your ideas, those of you planning on leaving your trade thinking stoploss will save you. i want to tell that should the gap go against you. your account might be in soup. i've had first hand experience of this. well, so you can know the stoploss will just help you close in loss once the gap is against.

huh... seriously, this guy is really doing great and he's got a lot of chill. oga redcliff but u funny o. well oga jline una dne see say people wey dey benefit from your drop full ground. take no offence bro.

Naruto87:
what's the best indicator for h1 trading... I normally use ichimoku indicator for my h4 trades.

stay true to your ichimoku if it's giving you result. or use price action with S.R and FIBS

redcliff:


Jline to be honest, these your signals does not really do anyone any good because its not gotten in real time. if you want to dishout signals for free, maybe you should have a telegram group where you add people and just drop these comments there. atleast nobody can reply there so there are always no conflict of interest. or better still whatsapp group if you want some form of participation.

lol...doing someone good o. na forex no be binary nah. infact, i dont agree with his entry sometimes like i just entered the cad/jpy cos i always want to see the respective pair i want to trade fully in power with an explicit price action to base my bias on before i enter. But he's really good at it and i give it to him. you can enter later even if price has moved once you know your target and the potential profit still outweighs risk the ahead. but its cool if he can start a telegram or whatsapp group. or betterstill bookmark this page and dey reload ahm nao

JLINE:



Hey Bro... Bolded hit,time to look for a sell to that 1.067*
The exact figs are .0844 and .0847 as shown by mid and tgt. Trade safe.

big thanks.

JLINE:

First tgt from current price is 1.084* and then price will come down back to 1.067* and from there to 1.15**.
You have to just wait to enter a buy trade at the best entry as price has already gone too far,wait for a retrace that should start occurring in the coming days. Thank you.
These are speculations based on current data,please note that there might be changes as the market unfolds but one thing is certain at larger norm tgt 1.15** will be hit.

thanks for the insight... been trying to convince myself that the price will come down but all i see is price heading to 1.09 region since 1.07 region has been tested and held.

what's your take on aud/nzd. do you see it breaking 1.07 region or its journey to the north is on point. oga jline, priceaction and everybody will appreciate ur opinions.

priceaction:

You might be right, especially strong resistance above it. I entered sell based on what I see both strong resistence area on weekly chart and other little analysis for short term of around 80 pips. Entered around ..5459. Though there was a sharp drop this morning before retracing a bit and ranging now. I will see how it plays until today's end/ tomorrow if it drops again, then likely continue down if it keeps ranging, it might push up.

i was short before but entered a new long position based on the price action. the only thing holding my short bias is a bearish harmonic shark pattern on the daily(weak conviction though cos might really move higher before finally coming down). should my stoploss get smashed i think im cool.

priceaction:
if you are interested in UScad, join now, actually it was the only pair i closed negative on friday for -20 pips because of likely gap of today. I would have been like 60pips up now. But it is just building SELL Signal. Trade wisely

oga priceaction going by price action analysis- hammer head on the 4hr t.f, above 200ema on both 4hr and daily t.f morealso no sign of weakness on the daily t.f. though it has a strong resistance above it. but should the current 4hr candle engulf previous bearish candle(consuming any sign of weakness) do you still think it's bearish?

JLINE:
There seems to be another 1000+ pips in sight...watching pairs for min norm tgt to be valid.
After this 1000+ maybe then we would go for another 3000+ pips or more. I was able to give only 1700+ previously but hope to meet this tgt this time around.
SHALOM

Na to follow you bumper to fender bro...

Great stuff you posted bro. God bless you oga JLINE.

olalol:
Anyone have contact of pipsbasketing?

He had a Facebook group which i joined then but they moved off to telegram group. but i didnt join then cos i thought the facebook group will still be active but wasn't anylonger.

jorel1:
Lol, what happened to this life??
But why are people are still rubbing shoulders here on who is the most experienced trader and landlord here
There are some old monikers here , it gets boring still seeing their post after posting for more here than 8 years. .. let the new ones space to show off their skills..
although, I see some already assumed an advisory role here but what I dont understand is why would one see it as an achievement to be in some online forum for more than 10 years, is it some work experience or an addiction? or your Life is locked in some static sphere, or are you scared people would say you arent trading anymore?

huh huh...

can anybody see the H.S pattern carving out on eur/aud 4hr t.f and also on eur/gbp daily chart. enter as your system dictates.

sell cad/jpy if you can. aud/jpy sell still ongoing with aud/usd hitting t.p.observe your due dilligence like some do say.

hmmm...though, i never got a leg-up i walked my ass straight up but i got inspired majorly from this thread. oga Feshizzy hope you wont leave.

many people dne leave this forum o. oga jline sef dne take holiday. who go replace them o. anyways, sell aud/usd if you can though price dne move, sell aud/jpy next support is at 83.80. observe your due deligence like theyjih always say.

on 5min chart still going down but too late to enter...lol. lower T.F might not be good for your bro but might train yourself towards it. that was where i started my forex journey.

dorodee:
GJ and CAD/CHF took my SL and went back.

Baba must hear this!

. Hahaha, this got me laughing real loud. baba sef dey follow through.

mrikay:


There is plenty of manipulation going on right now.

my brother ihn get as ihn be o. my lil brother was like 1min is the heart of chart, 5min goes with the tide, 15min still on point, 1hr is record keeping while 4hr is history and the rest i'm sure they aint of my concern. this was what i told him when i was teaching him. works well in this scenario. happenings are not out of this world just some shits playing out like you said. you know higher T.F small lot size fat stoploss, set and go sleep or flex whereas smaller T.F opps for high lot size flow with the current trend but tight monitoring.

definitely took the knock from GJ

G/J has repeatedly been my doting pair. 138.7-140.3 back to back. going in for another ride. willing to give out some of catch if things go funny though.

JerryQ:


Yes Mate, Very Correct. When we have a range we expect a breakout right? EJ has broken out on a long on daily time frame, it points that GJ should follow up. This week should make it clearer sha.

well, i think might remain in that range till article 50 is through... scratch that. and for E/J bulls are in power for sure in the long term but 122 is a key handle. moreover, will load long once 121.554(this week pivot) is breached by a 4hr bullish candle which will see 121.408 resistance broken as well. on the other hand a gallant bearish candle under 121.408 will make me go short to 120.13.... lets see how it goes.

oga jerryq. But G/J appears to be locked in a range. 140-138 on a 4hr chart. my thought though.

dorodee:



I'm out of this game!... Watching tinz

Boss. it was a good setup but was interested in buying lower. having my pending buy at 137.70 with a 60pip stoploss and T.P at 141.80 and look at eur/gbp im kinda looking at a nice sell setup with a 60pip stoploss and 300pip T.P

iheanyiebeneze:
sell usdcad now at 1.3400 for a 100pips take profit. Reason, the gap between 500dma and current price is over 250pips. UC has no choice than to give up some of the pips before or after NFP this friday. RRR=1;1.
If you lose your money on this trade, i will pay you back if you have evidence of entering at this level.
tp=100pips
st=100pips.
lets go...

lol... this move sure you die hunh.

fxstory:
this thread is still alive

very much alive bro. you sef fit drop to bless the ministry.

50 crates of egg available at my farm in osogbo. @ #900 & #950. call or whatsapp 07066866798.

JLINE:
My mentor said : Those who can;do.Those who can't talk about those who can.
SHALOM

.
whoops... oga JLINE. seems like this your comment has been stalking me. don't get me wrong fa. some top calling can be objective o. cos i often do that as well. did that with aussie/usd myself. i dey everly review ur drops and they always on point. twale for you cos of your selflessness bro.

VeeVeeMyLuv:
today is usu the day when traders return pips gained back to the market.

DIFF STROKE FOR DIFF FOLK... well, maybe for someone trying to call top or bottom. abi you wan make wickyyolo flash you ihn trade history...lol.

tradepunter:
I don't know why traders cant choose a currency pair to concentrate on.... secondly if you are the on and off trader then its best to let it rest because you learn more if you are on the markets monitoring and taking down notes every.

For example i can tell from experience the USD rally against the CHF to 1.01180 yesterday was the perfect set up to sell. Reason is because for couple of months 1.001 and above has been price level buyers have been pushing for USd, therefore a 1.01180 was never going to be sustained.

I approach FX as a naked trader since technical analysis is limited and indicators are seriously lagging since they all very short shelve life.

What i normally do is to establish the fundamental and speculative drivers of a price movement along with economic data. Its easier to set up and sell into rallies that are driven by speculative drivers.

The truth of forex is there is no one cap fits all system or strategy, rather its about consistent evolution of your mindset and understand on the multiple dynamics of risk

DIFF STROKE FOR DIFF FOLK..

Is the AUDUSD rally about to reverse course? That’s the question many traders are asking following this morning’s shakedown.

The cause of today’s tumble was a hawkish remark from Janet Yellen about the need for the Fed to raise rates at the next meeting.

But let’s not get ahead of ourselves. After all, it’s a 60 pip drop within a 540 pip rally.

Clearly, the U.S. dollar strengthened as a result of this news. The dollar index (DXY) is up again today and has now appreciated in six of the last seven sessions. This isn’t surprising given the bullish breakout that I pointed out on February 7th.

I maintain my bullish stance on the DXY and believe the index could appreciate considerably over the coming weeks and months.

As for the AUDUSD, the pair has formed an intraday pattern that has put buyers on notice. The 4-hour upward sloping flag in the chart below is as well-defined as they come and hints of an imminent reversal.

On top of that, the pair is in the process of carving out a bearish engulfing day. But with five hours left in the session, anything can happen.

From here I’ll be interested in shorting the AUDUSD should the pair close below channel support. Key levels to keep an eye on include 0.7608 and 0.7520. Only a close above the 0.7700 handle would suggest a move higher toward the confluence of resistance at 0.7750.(BY JUSTIN BENNETTE). Morealso i have seen harmonic pattern(indicators don't move market) on 30min, 1hr and 4hr T.F...

usd/cad is in a DOWN TREND, not advisable to buy. if i buy it now i'm kind of taking a walk for some odd drunk idea. check the daily time frame it's clearly in a down trend. on the 30minT.F the upward movement is a retracement. an inside bar(showing continuation of the current trend) setup followed by a bearish break of a trendline on 30minT.F. not taking a position is itself a position.