honeric01:

Hello pipslogians, long time o, alot has happened all these while. Good 2 visit dis page once more. God dey.

naijababe:

Mumu people calling for a referendum!!! As if dem get choice, maybe Germany should also call for a referendum before bailing them out.

JAZES:

Are we there yet?

Where u been go since? I don miss u for here oooo.

GUYS,
Liberty Reserve is very much available oooo, in case u want to sell your LR
dont hesitate to contact swiftecurrency. Please see my signature below for details.

odiaero:

Hello house, hv anyone ever made a withdrawal via Nigerian Credit Card from any forex broker? if yes, how long did it take to get to your bank account, thank you

JAkpayen:

They have a choice ooooo! Let them pull out of eurozone, print & control their money and pay back the debts. Imagine if the government workers in Nigeria have their minimum wage cut down as well as pension, then an increase in tax. Germany and France are just too greedy because of money. I agree with the referendum in toto.

unclenna:

the main cause of this volatility:
1) JAPANESE govt for the first time in three years embarked in selling yen, this singular action triggered the upward movement of USDJPY

2) EURO ZONE DEBT CRISES, This action helped to pull the EUR currency pair south

Right now you can notice that the technical has some how failed. What is ruling is the fundamental. Thsese happen at least once in a month

Like myself I know that most of us are technical traders, .Let me give you the secret to survive when fundamental is ruling the market, Jump to higher time frames for your analysis, Now am using daily chart and my system works for all time frame.

I want to use this opportunity to invite traders in this house to fxopen competition, for more info go to fxopen dot com

honeric01:

Engagement? Hehehe God dey lol. I don turn spectator for now till next year o. Market's wicked for now.

odiaero:

Hello house, hv anyone ever made a withdrawal via Nigerian Credit Card from any forex broker? if yes, how long did it take to get to your bank account, thank you

frenchman2:

presently watching eur/aud

sold 1.3299

SL 1.3320

TP 1.3030 = 300pips profit. not bad at all for just risking 21pips. Just hoping I got it right



30min time frame, i spotted a macd divergence. Take note of the doji also. (see chart below)

1hr time frame, spotted double top formation. Take note of the doji also on this time frame. (see chart)

3rd chart is the daily time frame. just to point out why i chose to take profit at 1.3030

Please no one should hesitate to point out if i'm wrong.

NB: Nothing can be guaranteed in forex.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

naijababe:

@ French, the divergence is valid but the double top pattern is invalid. Where is your neckline? It has to be broken before you consider the pattern a valid one. MACD divergence works best on higher TF i.e 4H and above. However, given a risk of only 21 pips for 300, I'd go for it too. Goodluck  

Where are my fellow indices traders? Still long on the Dow from last, lost 60 pips on the Dax, but I think it's ripe for re-entry.

netsurf:

sorry but this analysis is wrong from all angles, i'm sure you have closed that trade by now.

price sits comfortably atop a major support, that doji is not valid enough to take price down. sorry i did nt see this early enough, i'd have shown you what you didn't see.

odiaero:

^^ It means investors are scared to invest in Euro currency or Economy, because they are afraid of what my happen to Euro, cos they dont know if greece citizens will vote yes or no for the bailout, No will mean a default Greece, which is bad for Euro

aguiyi:

too many gaps,dont like it at all. s&p500 and dji only for me

aguiyi:

the chairman na senior man for romance section .
babe how has trading been,hope the mkt has been good to u

naijababe:

Trading's been good. Last week was da bomb but this week na so so jare. We thank God all the same sha. Shey u don chop pips die abi ?