ayox2003: Bought Gold at 1754. tp at 1760. would close position if it doesnt touch 1760 by 4am. (edited)



Frawzey

ayox2003: Closed Gold at 1765.52. A risk on trade.




Frawzey

unclenna: EU sell has upper hand today

JAkpayen:
Sent you a PM

Toks2008: Hello Traders,

We should be careful at this point in time with euro/usd, euro/jpy. Gbp/usd and euro base pairs as well as gbp base pairs as we may be seeing a long move down.

In view of this fact, we should expect deceptive bullish correction which may make a swift u-turn from time to time.

Traders of GU, euro/usd and euro/jpy should take advantage of any bullish correction to sell back as euro makes a long term bearish voyage to supp 12717, Gbp/usd aiming supp 16072 an ej may test supp 9912 so just wait to sell at pullbacks and if you must buy short, buy with care.

Happy piping.

Toks2008:

Despite the evolving down trend on the euro 4hr chart, we just might see a good intraday bullish correction today which should give us a good opportunity to sell back.

Intraday traders willing to catch the bullish correction can buy with care to res levels 12912/12950 but i suggest you chill out at 12912 and wait to sell.

The dynamism of price action is every trader's nightmare but if you understand trends in relation to specific time-frames, you will use this as a big leverage to trade the random moves profitably.

Trade with care and use good mm.

Happy pipping

surveyProf:
Yeah you're on point bro, already selling!

Toks2008:

So watch out for another bullish rebounce at a retest of supp 12869 which should take euro even higher to 12912/950 so the choice is all yours. but if euro tests supp 12847 before bouncing up to 12912 then forget the bulls and go with the bears

trade with care.

Toks2008:

well, it depends on your trading personality. If you are a long term trader, you shoud not have any problem with euro possible intraday bullish surge which may take place today as i see a bullish bounce back at the retest of supp 12869.

This is why i wrote"12873 should be a good point to buy back to res 1292 with sl at 12847. If stoped out then the bears can be said to have regained dominance"

So watch out for another bullish rebounce at a retest of supp 12869 which should take euro even higher to 12912/950 so the choice is all yours. but if euro tests supp12847 before bouncing up to 12912 then forget the bulls and go with the bears

trade with care.

Toks2008:

This is the point of decision for intraday bulls and bears. 12869 may take euro up to 12912 or higher if it holds but if euro decends further to test supp 12845 then sell euro with peace of mind to 12750.

rozayx5: AUDUSD and EU , i deh laugh for spanish, the kind rubbish where una do yesterday in the form of range, ATM go jam today
@Unclenna, no response for facebook how far nah

megatechgh: Please somebody help.
I donot know if this is the right section for my post.
I want to go to into forex trading (trading personally)
I heard about instaforex on e-naira.com.
Please guys assist me with info
judebeyou@yahoo.com
Thanks. Any advice will be highly appreciated.

cristog120: im still waiting for this wave to complete b4 the buy trigger. big boys got the move distorted but trend must complete.i dont scalp but have locked in 50% of my target.

presciainter:

Yes, but like I posted earlier, the buy trigger has to be in line with Price Action.

Look at my posted chart below of EU in 4HR TF. For EU to break the daily EMA 22O will really require some serious move that will first take 1HR MA 12 (Simple) and more, hence the bias to hold sell until proved otherwise. The Cross level of the pair in this time frame suggests clean and clear touch of the 38% Fib level. The only thing now is the time

naijababe: [size=16pt]Darn!!!! COMMODITIES ROCK!!!! [/size]

ayox2003:

Gold is a cashpot!!!!!!!!!

He who owns the gold, makes the golden rule.....hahaha.

My position is still very open cos if might touch 1765.



Frawzey

naijababe:


Headed for 1768 at least. Mehn, this week is outta this world in a very very good way.

ayox2003:

1768? Ehn hen?. Or we should close this to rest a little cos I've stacked half a thousand pips since 1am.

I'm tryna check out the news to see if there is gonna be one from spain as the PM talks abt the budget today.



Frawzey

ayox2003:

Gold is a cashpot!!!!!!!!!

He who owns the gold, makes the golden rule.....hahaha.

My position is still very open cos if might touch 1765.



Frawzey

naijababe: @ Prettywoman, just seeing your post.

Gold below is rather unlikely but you just never know. Right now, I am loaded up on buys on oil and gold. See chart on gold below, see the the fib levels clustered at 1754/5 area. Although US oil is a tad messy, UK oil is much more clear cut. We'll see how it goes, they are all low risk trades for me