Geovanni412:


The weekly low has not been taken out

There is no guarantee the market will break lower so seeing every drop as an opportunity to retest the weekly high is what he means by that

Same reason why I think eurusd might retest weekly high or somewhere close to that

But of course, there is always the chance that the analysis is proven incorrect by Mr Market

No mind the guy, he wan use style ride me. We all know say na speculation business.

DXYY:


Nice analysis but i don't think it has turned bullish I believe that bullish candles on the weekly are meere retracement, anyways like you said we can both profit from it and aside that if it turns to loss we both learn so it's a win win.

you have said it all brother... i think it is more than mere. na full body candle wey completely engulf ahm.

Bimmarlykay:
If i may ask,what do you mean by "Buy on every retracement"am still pondering

brother na where ur own ponder begin my own start so. awa ponderer.

AK284:



Both buying and selling can actually be correct depending on where you enter and get out.
The truth is that Gbpchf can range very well.
It's also not very volatile
For me still on sell, planning to add another sell position.

yes you are right. i quoted that guy cos he said the trend is pointing downwards. where as it has actually turn bullish teh teh. thats why i said you should look at the weekly.
and also yes one can even actually make money both ways. infact some times i make more money when a trade goes against me cos ill tripple down to where its going before actually resuming the trend...
In order news a daily close below 1.0999 negates the bullishness.

DXYY:


Boss i think a buy on the GPBCHF IS A SUICIDE mission as the overall trend is pointing downwards , I m currently on a sell, but let's wait and see.

Oga look at the weekly chart... BUY on every retracement.. apply proper risk management.

Gold actually fell gidigan ni o.

The move is still yet to start. till next week.

wuyexzy01:
EXPECTING A WILD BREAK OUT TO THE UPSIDE ON CAD/JPY. AMA DO SOME WILD ACCOUNT FLIPPING.

The move is even yet to start.

EXPECTING A WILD BREAK OUT TO THE UPSIDE ON CAD/JPY. AMA DO SOME WILD ACCOUNT FLIPPING.

CAD/JPY BUY!!!

UPDATE!!!
bought usd/chf...

GBP/USD clearly bullish.... i will load some long after NFP. probably i can get a decent retracement by then.

Geovanni412:


Backtest your strategy more and note the things that rarely work statistically

If a setup plays out wrongly over 60% of the time, stop playing that setup.

That way, when you lose, you will know if it is just bad luck or you misunderstood sth about your setups

Stop using limit orders to predict trend reversals....it will continue to end in tears.

Ha!!!! Premium tears for that matter!

EUR/AUD looks good for a sell. but ill like to see it rally back to 1.66000 psychologically level with some rejections then i follow.

gold doesnt look like its ready to drop yet. plus what im looking at post NFP. already closed all positions.

oga kozmicity... that gold ehn i no dey ever like front run ahm. when e dne clear say e dey go down i go join i no dey ever mind using a very wide stop loss. as it is now im not interested at all. but i try to do a mark up sha. mke i sit down on my gbp/jpy buy jeje so i can press withdrawal in peace tomorrow.
Toor... nairaland no gree mke i post chart for both gold and gbp/jpy.

Gasive:
@Gabsonfx2 , @Pristinee and @all
As the refree, it's my duty to pick a location, and the location is ORILE BUS STOP. Time remains 3pm.
Please ensure you arrive 30minutes prior(whilst putting traffic into consideration too) so you will have enough time to get ready before the big fight.

I will contact you to get your numbers and you will have to sign your death warrant, provide your next of kin numbers and a caveat (duly written and printed by me), that will exonerate your opponent incase of murder. All the paperwork will be done at the Orile police station before the bout can begin.

That's it guys, this fight is promising to be a spectacle and if you're in Lagos I implore you not to miss it.
#IStandWithVawulence!

Oga e dey ur body...

GabsonFX2:
Alright.

I will honour you with the bolded.

God bless you brother. You'll always be honored.

haaaaa!!!
Egbon gabsonfx2. walahi u r more than this. i know you from afar. this is tooooo low. you are way more than this. if you decide to stop replying to all this nonsense it wont take anything from you. pls i beg you with everything you believe in to stop this. e jo mo fi olorun be yin. just ignore.

kinda safe to say USD/CAD is done with the correction. hopefully will be a good bull run onwards.

infofirst:


😂😂😂 90% of most of us here can do the same.
The greed in men no b small.
I have said it over and over, most of us are armed robbers. Na fear of been caught dey stop us from going out to Rob.


To make 65% in less than a month is already greed at her peak.

I remember saying also that it takes one moment of drawdown, more than ten years efforts can go down the drain.
Better to face reality now, risk control can never be over talked, and don't waste years raking gambling gains.. Market dey laugh us doing that. Market knows when he will come for us.

Boss, u mean if dem wan see the face of robbers on the forum. They should come to FTA thread?

UPDATE! UPDATE!! UPDATE!!!
USD/CAD buy... loads of long loading. apply proper risk.

UPDATE!!! gbp/jpy BUY!!!
S.L 180.90.

Geovanni412:


The reverse is the case

He is likely to win....

Market rarely breaks established range area....and the low of the month is 18.6

If it will break the area, he will know more based on ranging around 18.9.

If he loses, his best move if he is a long term trader is not to consider shorts

But to consider buying around 18.0

I learnt something from this my brother.

PraiseGod4u:
FundedNext doing the lord's work.


Getting ready

Congrats brother. Make I carry book come take lessons for your side?

peteregwu:



Pls allow him, I don't think that is necessary. Let him learn at his own pace. I don't think we ought to comment about sl being taken or not on anyones trade, it would look as if we are too perfect in this business.

Ha! My Oga, perfect ke. The first lesson for everyone here is that this thing is a game of probability. Once that sink in one is half way to success land. It later went straight to take my very own S.L sef. Make e no vex if I cause him any damage o.

RKTexpert:
usdcaf
respect yourself🤕

Lol... give ahm yellow card if e do any how.

Geovanni412:


Every setup is a 60-40 probability at best

You might be right...he has no issue unless he foolishly used his full allotted risk to play it

You've said it all my brother.

Olawale86:


Thanks bossman, I hit my tp already

.
Hooray!!! You can as well join the sell side party.

Geovanni412:


The reverse is the case

He is likely to win....

Market rarely breaks established range area....and the low of the month is 18.6

If it will break the area, he will know more based on ranging around 18.9.

If he loses, his best move if he is a long term trader is not to consider shorts

But to consider buying around 18.0

O.k... but this setup as e dey so. I've traded it profitably many times. Based on daily T.F

GBP/JPY bought. had i entered this trade on monday my S.L would have been cleared out. it has tested the lows, it should continue to march northwards now.

Olawale86:
This how I started my first purchase prop firm account , so Help me God and good people in the group

.
your S.L is very likely to be taken. Its in an established down trend.