infofirst:

86.8* is a good point to exit todae n then 88.2* possible next week n will trade wat i see n all of dat r just expectatn

infofirst:


May b we can get there or not...

natruetalk:


i have closed my oil buy with +20pips i will wait till normal time to trade again may be d confirmation will be pure by then.

natruetalk:
@2021 close ur oyel sell, it time to buy oyel @ dis current price of 84.22 but if d move breached 84 downward i will close my buy. let c hw far it can happen again

i will keep that GA buy as well .

hope we will wake up in dollar

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natruetalk:


all trades closed

naijababe:


I must be a masochist. I bought it again this morning at 84.20 Bought dax too

beejaay:


dont you guys for-see serious problem for Nigeria with this oyel free fall at this crucial time of the year with election so close plus 70% guarantee that the fall will most likely last for the rest of the year maybe below 80 or even 70$ based on what the chart is screaming.

am getting scared for this country oooo, especially when lot of nigerians dont know whats going on.

guys what do you think

Sunnycliff:


My brother you are not far from The truth! The problem is Saudi Arabia trying to punish The likes of Russia in The Oil business! Now The reality of Economic oppression and slavery bringing to bear The old cliche, when two elephants fight The grasses suffer! I suggest OPEC should place a price floor for Oil before it wrecks The economies of Oil dependent nations like Nigeria!

beejaay:


the things is OPEC cant force member countries to sell at a particular price, countries can sell at any price they so wish, and remember most giant countries aint really a member of OPEC ie USA, Saudi Arabia.

I also read somewhere that Saudi Arabia is gunning to begin selling its oyel at ridiculous price of 50$ before year end to weakling the action of Russia in Ukraine and Syria revolution, which means the Oyel price fall in the long run is not solely economical but with alot of political undertone... another thing to bear in mind is cheap oyel price will not affect the Gulf states like UAE, Saudi Arabia and the likes but will most likely crush Nigeria..
I fear for my country

Aggrippa:
the question now is that what is the country doing about the situation. are they smiling and merrymaking?

honeric01:
I don't even mind if oil sells for $20, maybe this will make the country sit tight!

jamace:
AAhh. Salary dependent workers and even pensioners will die o as govt will not be able to provide.

honeric01:


For good things to happen, bad things must first give way.

For gold to become gold, it has to go through rough paths.

honeric01:


For good things to happen, bad things must first give way.

For gold to become gold, it has to go through rough paths.

jamace:
AAhh. Salary dependent workers and even pensioners will die o as govt will not be able to provide.

beejaay:

yeah you are right but i dont wish the kind of fire gold passes through for Nigeria cos everybody will be hurt in one way or the other

the truth is i cant help shake off the feeling that somethings are about to happen in this world.... gold is heading down towards 200EMA on the monthly chart and Oyel is diving down plus USD is gaining ground when it should be losing ground... Chinese just overtook USA as the biggest economy in the world and yet USD is appreciating. big thing is gonna happen in the next2-5years and i hope it wont consume us all

seyejohn94:
ej if i am not mistaken i can see a potential triple top on daily...i bought with stp below today's low close below 135.76 i shud exit the trade....low risk setup...

fxbomovi:
u mean triple bottom

seyejohn94:

yep...tnx waz typing with sleepy eyes... triple bottom...already in the trade though....

will b watching gold reaction @ 1240

honeric01:
Gold opened with a gap, same with oil.

adeyinkabasir:


wanna sell PM to u ooo