mrikay:


This one will be my 3rd trade of the year...

Could run for months though.

mrikay:


Haaaaa! See Nigerian guys oh! Unbelievable!

pipsTaper:
Just finish testing an Expert advisor i have been writing for a while now, it is a moderated aggressive position trader with automated stop loss and Take profit, only trade at mid week days and does only permit low dragdown while aiming for profits as possible it can. i have attached the ex4 code for anyone to test run it on strategy tester, currency is GBPUSD, time frame is h1, use with current spread, and every tick testing
This is for whole year 2016 history
note ....leave the input parameter so as not to alter the strategy settings

wishing every member of the house a 2017 filled with more knowledge and wealth

zboy1998:
Last 10 days were all about stupid and unreasonable fake spikes, either up or down. Now, back to technical analysis, we expect a consolidation over 1.04 and regain of our first target 1.046 (hit already around the end of 2016).

Eyes on second target 1.051, much probable unless Fed will concretely boost a hawkish sentiment (for the Greenback) regarding an eventual upcoming tightening monetary policy (for the USA). This week is a nonfarm payroll (and unemployment change) week, so a bad reading can be of all advantage for the EUR.

CHECK MORE AT
]http://www.asia.sgtmarkets.com

obatine:
SELL JPY PAIRS....LETS SEE HOW THE TRADES PANS-OUT.

DoroBad:

Good call. I expect JPYs to drop like stone within the next 3 trading days.

Trading only the GBPJPY. . . i call it the dragon. GBPJPY was responsible for over 50% of my losses, back then when i used to blow accounts.

not any more. . . . . . NOT any more!

obatine:


@ DoroBad you're absolutely right....

DoroBad:
i now eagerly await the non farm payroll to come and to the needful to my TPs. . .

I used to fear the non farm payroll..... now i know it was all hype.

JAkpayen:

Well done! DoroBad on your trades.

USD is expected to make gain from the NFP today.

JAkpayen:
^^^
Watch the trend line for eurusd for today, if it does not break we will expect a downward trend.

DoroBad:
Thanks, chairman.

I've also come to realise that forex is sometimes manipulated by the big dogs.

The sentiment is that USD should gain, but they'll sometimes make the trades go against the usd, so that a lot of stoplosses would be hit , before the market then favours the usd.

The reason I avoid sl

mrikay:
is anyone buying usdcad?

wamiikechukwu:



@1st bolded, the market makers like goldman sach, fed reserve, central banks etc controls the market.

@2nd bolded That why 95% of traders lost there money, because their stop loss is always hit.

wamiikechukwu:
.

mrikay:


Red red... Story of my life

Except #audnzd sha

DoroBad:
NFP update: My equity down by $4. balance up by 14$

JAkpayen:

Be mindful of your euraud trade so that it won't mess up your capital. That pair might reach 1.4650

Do you use mental SL?

Pipsbasketing:
I have been very busy, too many stuffs to attend to. I should be back here in the meantime