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Re: Forex Trading - Season 15 by docus: 6:20pm On Mar 18, 2015 |
lets see what FOMC brings to the table |
Re: Forex Trading - Season 15 by Nobody: 7:17pm On Mar 18, 2015 |
docus: Lots by the look of things, if only I had not closed my GJ buy |
Re: Forex Trading - Season 15 by sojmann(m): 7:18pm On Mar 18, 2015 |
Wow!
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Re: Forex Trading - Season 15 by infofirst(m): 7:28pm On Mar 18, 2015 |
naijababe:U allow fundamental to deceive u |
Re: Forex Trading - Season 15 by Nobody: 7:33pm On Mar 18, 2015 |
infofirst: Lol...........I was afraid ni because the signal I took was an intraday signal ni. Make I no complain, +50 pips is better than 0 or -30 But mehn, I for don chop 200 pips clean mouth with 30 pips sl now |
Re: Forex Trading - Season 15 by Nobody: 7:36pm On Mar 18, 2015 |
DJIA has done a combined move of +500 pips today |
Re: Forex Trading - Season 15 by docus: 7:43pm On Mar 18, 2015 |
naijababe: lol, me too if only i had not close my gold & silver buy. well dats fx for us |
Re: Forex Trading - Season 15 by Usernametaken: 9:05pm On Mar 18, 2015 |
naijababe: Madam pls can you share how you arrive at d support and resistance lines you use and how you use them. They are always gud at picking low risk trades. Thanks. |
Re: Forex Trading - Season 15 by pinbar(m): 9:06pm On Mar 18, 2015 |
naijababe: i think the bullish party has just started for GJ, it started with the pinbar in 1hr, next another pinbar formed in 4hr hours, and now daily has formed its own pinbar.... , i expect a pull back and a major bullish continuation...... Mehn.... they just released this hungry bulls o. |
Re: Forex Trading - Season 15 by Usernametaken: 9:08pm On Mar 18, 2015 |
sojmann: Sir how do u draw your trend lines? If an indicator can you share it with us newbies? Thanks. |
Re: Forex Trading - Season 15 by Capitals: 9:08pm On Mar 18, 2015 |
Capitals:First tphit on USDCAD, This plus the tp on eurgbp is +82, my first eurgbp loss was -120. I still have 2 trades going in eurgbp and UsdCad. if I can get an extra +40 I ll be back to BE on 368 and all floating trades will be pure profits. Observing...
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Re: Forex Trading - Season 15 by infofirst(m): 9:10pm On Mar 18, 2015 |
naijababe: I did make something from the eu but it pained me i closed earlier as well+173....it moved +200 extra, two weeks expectation done in a day. |
Re: Forex Trading - Season 15 by Nobody: 9:11pm On Mar 18, 2015 |
Usernametaken: Just normal support and resistance method of drawing lines ni, I tend to plot them on the 4h and take my trades on the 1h. pinbar: Not yet, the daily looks like it is going to be a high wave candle but who knows, I took the buy not on the hourly pin bar but the engulfing pattern. There's no pin bar on my own 4h more like another morning star. |
Re: Forex Trading - Season 15 by TheShootist(m): 11:08pm On Mar 18, 2015 |
Very soon, we will all start using 'ni.' When it starts i'll remind you I said it. Just like 'Nucca.' I remember somebody saying he is not seeing nucca on his platform? He also wanted to short the Nucca. Lol! #Naijababe |
Re: Forex Trading - Season 15 by drpips1(m): 11:41pm On Mar 18, 2015 |
naijababe: Prophesy fullfilled FoMC always doing it QE things |
Re: Forex Trading - Season 15 by Bollinger(m): 11:44pm On Mar 18, 2015 |
pinbar: I deduce that you may be correct. A 1000 pip party, which for me is a 40000 Dollar windfall up and another 40000 down if it hits that first tp. If all goes well that is. Fingers crossed.
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Re: Forex Trading - Season 15 by Bollinger(m): 11:50pm On Mar 18, 2015 |
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Re: Forex Trading - Season 15 by Nobody: 11:56pm On Mar 18, 2015 |
TheShootist: |
Re: Forex Trading - Season 15 by elyte(m): 2:37am On Mar 19, 2015 |
RED ALERT: Usdcad Bears are Knocking! I did an analysis on 13th February on Usdcad after discovering a successful flat formation and a reasonable bearish candlestick formation. You can read http://forexsnipper..com/…/flat-formation-in-usdcad…. Usdcad went into some intraday triangle consolidation and I got myself following it hitherto. The triangle consolidation was breaking upside in an intra day motive diagonal move with 1.2800 acting as a resistive barrier. With another resistance at 1.3025 up for grasp and the FOMC announcement coming soon. It looked like a battle between these resistive levels...A resistive zone came to mind ( 1.2800-1.3205) especially when noting that 127% and 138.2% extension of wave1-3 from 4 of the C leg of the flat also fall within this zone. With price forming a flat corrective pattern (with C let coming as a clear impulsive move) at 50% retracement of the bearish move between Jan 2002 and Nov 2007, a reversal trigger is needed whether technically or fundamentally. With the FOMC at the corner and 1.2800 acting very strong and an expected flat correction for a fresh bearish move, I had to exit my buy to 1.3205 and watch how price react to the announcement before knowing the next destination The FOMC was negative and price move sharply out of the intra day ending diagonals to start a move downward. With all indications almost satisfied for a bearish move, Usdcad is expected to be on a bearish journey especially if this week candle is an engulfing one. Follow up at www,forexsnipper..com and book mark it. More analysis to come |
Re: Forex Trading - Season 15 by dorodee(m): 3:45am On Mar 19, 2015 |
elyte: This one na Forex commentary... no bi Alert ooo.. As I am reading it what comes to mind is FOOTBALL!! nothing spoil shaa. |
Re: Forex Trading - Season 15 by elyte(m): 5:57am On Mar 19, 2015 |
it's an alert...not a trading signal...let me upload the analytical chart for you>>>you can follow my blog for more updates dorodee:
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Re: Forex Trading - Season 15 by elyte(m): 5:59am On Mar 19, 2015 |
#EURUSD This market has for long crashed down. I am one of the people waiting for a turn. With the completion of the long term bearish correction, price is expected to move up. A trigger is needed and it seems we have now. From the weekly chart I have below shows the wave analysis from the beginning of this millenium 2000till date, during which we have a five wave impulsive move followed by a zigzag corrective patter. The B leg of of this zigzag is a triangle formation. Triangles are known to usually precede the end of a run. Price broke out massively in a trendy impulsive move ( this can be seen clearly on the daily chart). The C leg of the zigzag completes a 100% extension of A leg from B leg which is a very typical fibonacci relationship in zigzag corrections. Price is expected to turn from here to 1.1800 resistance, 1.2600-1.3000 ( breakpoint retest of the triangle) and if the long term bullish trend resumes, price go higher and higher. Always check www.forexsnipper..com for updates
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Re: Forex Trading - Season 15 by Nobody: 7:15am On Mar 19, 2015 |
Bought GJ, sl at 17900, tp 18500 if I don't see any reversal candles at or near any of the secondary zones along the way |
Re: Forex Trading - Season 15 by sojmann(m): 7:19am On Mar 19, 2015 |
Usernametaken: It's not an indicator Just connect swing highs and swing lows |
Re: Forex Trading - Season 15 by sojmann(m): 7:26am On Mar 19, 2015 |
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Re: Forex Trading - Season 15 by Bollinger(m): 8:37am On Mar 19, 2015 |
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Re: Forex Trading - Season 15 by dukum: 8:41am On Mar 19, 2015 |
sojmann: Careful with your chf trades,news release by 9:30am(major) |
Re: Forex Trading - Season 15 by Nobody: 8:44am On Mar 19, 2015 |
naijababe: Sl hit.................the spirit of FOMO at play |
Re: Forex Trading - Season 15 by natruetalk: 8:52am On Mar 19, 2015 |
natruetalk: patience pay, I closed my EU yesterday cos of d fomc. it was a good decision after d fomc hyper settled, i re-enter toward my bias pre-fomc. Most of d time in forex. tech prevail 2 Likes 1 Share
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Re: Forex Trading - Season 15 by fxstory(m): 8:53am On Mar 19, 2015 |
Usernametaken:one easy way to draw a support and resistance line is to use the line chart.then draw it on the high or low of the lines.this way, it eliminates the wicks shadow lines if drawn.many people makes the mistake of drawing the line at every wick shadows which is wrong.one way i draw mine is to use the line chart.this is just one of the simple secret many traders use to draw a good support and resistance line |
Re: Forex Trading - Season 15 by fxstory(m): 8:55am On Mar 19, 2015 |
Usernametaken:one easy way to draw a support and resistance line is to use the line chart.then draw it on the high or low of the lines.this way, it eliminates the wicks shadow lines if drawn.many people makes the mistake of drawing the line at every wick shadows which is wrong.one way i draw mine is to use the line chart.this is just one of the simple secret many traders use to draw a good support and resistance line and you would be surprised to find support and resistance where you think there was none if you had used the candle chart but after constant practice, you can use the candle chart to draw support and resistance confidently |
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