ayox2003:

Hahaha...Oyato ke?

I dey on vacation lastweek ni jare. But I'm refreshed now.

I go check them.


Frawzey

mkmyers45:

i will appreciate your action on them this week...e don dey urgent sha...Are you seeing what EA movement is doing? since 11:00 it has been ajascoing between .64-.68

pappy2000:

Please send me your telephone number .I have changed my phone

fxbomovi: is this thread experiencing a meltdown or what?


In order to use Betonmarket profitably, you have to decide on three things. The first is how far the currency pair is expected to go one direction or the other. The second is to know how long it will take to get there. And the third question you must answer is whether the currency will stay at or beyond your target for a certain length of time

prince123: Seems bommaster is away

ayox2003:

Ok. I dey see am. Euro will crash this year.


Frawzey

fxbomovi: is this thread experiencing a meltdown or what?


In order to use Betonmarket profitably, you have to decide on three things. The first is how far the currency pair is expected to go one direction or the other. The second is to know how long it will take to get there. And the third question you must answer is whether the currency will stay at or beyond your target for a certain length of time

ayox2003: Whenever you see a chart, and notice that a GAP is between Candle A and the next candle (Candle B), four possible scenarios would happen:

1) If the GAP occurs in a downward trend, wait for the next candle formation. Once the next candle follows the trend, SELL/FALL. It means investors have made up their minds to continue selling after a little contemplation/pause.

2) If the GAP occurs in an upward trend, wait for the next candle formation. Once the next candle follows the trend, BUY/RISE. It means investors have made up their minds to continue buying.

3 & 4 are very important

3) If a GAP occurs in a downward trend, wait for the next candle formation. Once the next candle changes to an upward trend (reserves the trend) then BUY/RISE. It means investors have changed their minds after the "break" to stop selling and start buying.

4) If a GAP occurs in an upward trend, wait for the next candle formation. Once the next candle changes the trend (reverses the pattern), SELL/FALL. It means investors have changed thier minds after the "break" to stop buying and start selling.

The screenshot below is in-line with 4. The trend was up but the trend changed after the Gap between candle A and B. As I'm typing this, over two hours that I've place the trade, the trend as been going down.


NOTE: Always wait for the next candle before making any trade using GAPs.


Frawzey.

ayox2003:

Hmmm, thanks for the 3 points there. Weldone Sir!

If not for Bommaster, the thread would have gone to the dregs. We are all needed to make this great as it used to be. Tutorials and analysis are need for everyone to learn from the thread. Bommaster is really doing a great job with the alerts and I doff my hat for that. Thank God we have him, else we for dey page 2. Lol

Kudos to everyone still around.


Frawzey

mkmyers45:

I've been going through chats and it seems gaps occur quite a lot....just sighted 3 gaps on EU since yesterday...

mkmyers45:

You see EU hitting .16 before year end?

ayox2003:

When I finished posting that tutorial on gaps this morning, I say another gad on kiwi (NZDUSD) in a downward trend. Do you know that there are traders that only trade based on gaps alone. They wait for the gap-up and gap-down. Lol.




Hahaha. Euro go turn CAD be that. Hahaha. Its likely Greece leaves anytime soon because they need more funds ang Germany is not ready to provide it. If they leave. It would fall yakata. Lol. Lets wait and see sha.


Frawzey

prince123: Seems bommaster is away

ayox2003:

When I finished posting that tutorial on gaps this morning, I saw another gap on kiwi (NZDUSD) in a downward trend. Do you know that there are traders that only trade based on gaps alone? They wait for the gap-up and gap-down. Lol.




Hahaha. Euro go turn CAD be that. Hahaha. Its likely Greece leaves anytime soon because they need more funds ang Germany is not ready to provide it. If they leave. It would fall yakata. Lol. Lets wait and see sha.


Frawzey

mkmyers45:

Agreed...anyway it seems you trade mainly with Bom charts? am i wrong?

bommaster:

afternoon house,

bro am still in d house, just want to see more cotribution from house, doesn't like one man house,

meanwhile am getting ready to bet for gu fall, uj fall, ea rise etc. enjoy

ayox2003:

Well, most times I compare both charts and when I feel bom's price doesnt rhyme with my chart's, I use bom straightaway. But I generally love charts with white background.

fxbomovi: What timeframe?

mkmyers45: anyone watching UJ? is that a gap?

ayox2003:
Good Afternoon,

How's the fasting? Hope its not stress-filled sha.


Frawzey

ayox2003:

The 15TF.



Which TF? *Your internet fast o*



Frawzey

ayox2003:

The 15TF.



Which TF? *Your internet fast o*



Frawzey

prince123: please what chart do u use on bom

jsh_eng: Getting ready for the news? 4 hr tf says short, market is now trading around 1.0170, so the release should be strong.(imo)csm says cad is really strong so I am waiting for the news best case scenario is to enter orders before the market moves.

jsh_eng:

MY U/C AND G/U ALL IN PROFIT, TF 4HRS

G/U AND U/C STILL LOOKING STRONG

ayox2003:

When I finished posting that tutorial on gaps this morning, I saw another gap on kiwi (NZDUSD) in a downward trend. Do you know that there are traders that only trade based on gaps alone? They wait for the gap-up and gap-down. Lol.




Hahaha. Euro go turn CAD be that. Hahaha. Its likely Greece leaves anytime soon because they need more funds ang Germany is not ready to provide it. If they leave. It would fall yakata. Lol. Lets wait and see sha.


Frawzey

Manweysabi: can i use my fone place trade? Make u dey alert ur boy nau!

Manweysabi: can i use my fone place trade? Make u dey alert ur boy nau!

jsh_eng: G/U DON VEX, NA ROCKET E DEY USE FLY