austey10:
Let me see how this trade pans-out...

JLINE:

Yes Bro...watching too.

priceaction:
I closed my usjpy bull last night for 8pips... Don't like what am seeing on higher period. Esterblised sell, wc is around 20pips in my favor now for around 50pips target. If not closed or scaled out my bull yesrtdy, it would had be run to loss by now.
It might shrink down gradually

priceaction:

I am having fillings that usjpy gets down gradually, it will complete it with a spike down. But am watching sha.

priceaction:

I am having fillings that usjpy gets down gradually, it will complete it with a spike down. But am watching sha.

redcliff:


You be winch!!!!

priceaction:

I no be winch bro. Na dia way. They build fake signals up and if you are not careful with mental/visual calculations, you will be caught unawares. They might have taken out a lot of pin bar traders at the break with speed. As It was close to my TP,iwanted to increase by TP by 50pips, and add new position, but it was freezes due to momentum, by the time it came back, TP taken. So I have to stop executing new order until I see what happened tomorrow. That would have even hit my TP also cos it went by over 60pips more.

priceaction:

I no be winch bro. Na dia way. They build fake signals up and if you are not careful with mental/visual calculations, you will be caught unawares. They might have taken out a lot of pin bar traders at the break with speed. As It was close to my TP,iwanted to increase by TP by 50pips, and add new position, but it was freezes due to momentum, by the time it came back, TP taken. So I have to stop executing new order until I see what happened tomorrow. That would have even hit my TP also cos it went by over 60pips more.

redcliff:
Donald Trump is making forex more difficult daily with the things he says..lol

redcliff:
Who has an idea of what the outlook for eurnzd maybe? I placed a sell yesterday but there was a big spike that stopped me out. Wokeup this morning to see it still went down......

Achimaechi:
I like the way you explained your experience, for me am still finding it difficult to switch from 1Hchart to D1chart cos l don't undestand how long a trade on daily chart will last or 4H chart.
Any explanationt on that,
thanks

wamiikechukwu:



i keep on saying that the reason we loss in fx is because of stop loss.

JLINE:

ok...here it does.
usdjpy:last time i dropped an analysis on this pair long term was buy where that marked red X(norm) is and now price is currently at 113.89...
that down red symbol candle there made a bearish close below the mid right there and as you can see the next month candle could not close above rather a doji was formed there. this month candle is trying to push through too but not going through at the moment.
The next thing price will do is to make retrace to the norm (100.xx) level...there is another larger picture there which leads usdjpy to 66.xx .
the first pics depicts the first scenario and the 2nd pics depicts the 2nd scenario having 66.xx as target and having 112.35 has a trigger point for it to occur.
The best thing now is to look at lower tfs for opportunity to sell.
EDIT: the 3rd pics shows the 66.xx target...i think i just got a way to trade this thing lower tf and still be on the trend.
Thank you.

JLINE:

Posted march 7th...so far,good pips pouring in.
There will be an update on this move but for now there is a minor R at 108.07 and another strong R at 105.** before the target.

redcliff:


Bro do you hold positions over the weekend? Are you currently holding one on UJ? Please what position os this? I closed by short term sell position because i made some good pips from there and i dont want to lose it.