Otenzy:
GU has been good this morning. Done for the day. Good morning guys

sheffy87:



what your whatsapp number ?

redsox11:
Trade idea. Would be nice to see the cad news come out hot, to drive USDCAD up with good momentum, taking out last month high.
Thus setting up a beautiful sell off back into range. So basically fake break out and back down into range. Very close to doing AB=CD

Trust me , if it breaks that high today or tomorrow , it's definitely coming down into range, you can take that to the bank.

AK284:



I agree with your assessment,but the question is not whether it will come down but where(price range)?
I believe one fundamental event will power it upward out of the current range to somewhere around 1.37818 before coming down to initial range position,but as it is no sign it going to breakout

redsox11:


I trade intra-day not long term. Yours is geared towards long term from the chart image you attached.

Look at mine below. Was initially waiting after BOC news to trigger fake breakout "to trick traders to buy" before selling back into range.

redsox11:
Few pips late but got my butt in anyways. buh-bye

Addme:
Pls sorry for my question; Can Forex be taken as a full time job and foot ones bill. If Yes..... Please can you or any one tutor me....

I am ready to go any length.. Pleeeaaasee

maryjames9:


Forex can be taken as a full time job but hold on a minute. Forex is not as easy as that. While you build a formidable strategy for making consistent profits in forex market, find an offline job, business, buying and selling and keep doing it. This may take you years like 1 to 5 or even 15 years. When you are ready, you will know. Many of us are traders not because we make money, but because we have passion for it and haven't given up.

Being profitable consistently in forex is achievable with consistent and persistent learning, demoing, trading, getting your hands burnt many times and not giving up on learning, back testing your strategy again and again until you get to the point where you can confidently say you are part of the less than 1 percent profitable traders in the world.

Keep learning. Many YouTube videos, materials, offline and online live sessions, many better indicators besides the stupid ones most forex platform have as default and all sorts of information online which eventually helps you build a strategy that is suitable and tailored to your personality and emotions. Keep learning bro but be sure to get a real job that pays and make you money while you learn forex. My 50 cents.

dunsin125:
I thought EUR/USD would go up but it has dropped drastically

maryjames9:


Lolzzzzz. Nobody can say where and how the market will go. Those who call themselves fundamental traders will always have something to say to justify the trend. I love them though but I am not up for fundamentals. As a trader, you have to be ready for whatever the market throws at you and adjust your trades accordingly. For example I placed some trades last night for like 6 pairs including Audusd, I had to close Audusd alone with a loss of 20 pips because I saw my indicators showing a reversal. I left other pairs and even executed 1 more pair more because I have been watching that pair and it just satisfied my entry conditions. I am smiling this night when I noticed all my pairs 6 pairs are green. Won't close any unless I see a reversal so I won't close my good trades too early so when I have a loosing trades, my few good trades will compensate for the loosing ones.

When you buy/sell a pair, watch out for a reversal on your chart and close if not favourable early enough. Mind you I don't use lower timeframes. That way I can best interprete and understand the market trends.

maryjames9:


Lolzzzzz. Nobody can say where and how the market will go. Those who call themselves fundamental traders will always have something to say to justify the trend. I love them though but I am not up for fundamentals. As a trader, you have to be ready for whatever the market throws at you and adjust your trades accordingly. For example I placed some trades last night for like 6 pairs including Audusd, I had to close Audusd alone with a loss of 20 pips because I saw my indicators showing a reversal. I left other pairs and even executed 1 more pair more because I have been watching that pair and it just satisfied my entry conditions. I am smiling this night when I noticed all my pairs 6 pairs are green. Won't close any unless I see a reversal so I won't close my good trades too early so when I have a loosing trades, my few good trades will compensate for the loosing ones.

When you buy/sell a pair, watch out for a reversal on your chart and close if not favourable early enough. Mind you I don't use lower timeframes. That way I can best interprete and understand the market trends.

Addme:
Thanks for this.
I actually have a job though low paying.
I actually listened to a programme where someone talked about forex and link with one Intl. partner who provides them with tools which they will just copy and paste on their platform and this has been helpful to them.
They also said they do forex fully.
All these actually spurred my question because just like I said I'm ready to learn it so far it can pay my bills.

dunsin125:
The EUR/USD went up on Monday and Tuesday I think the highest in a month so I thought it would continue that way so I bought but the market has gone so low but I am optimistic it will rise up again, let mr market smile to us��

Addme:
Thanks for this.
I actually have a job though low paying.
I actually listened to a programme where someone talked about forex and link with one Intl. partner who provides them with tools which they will just copy and paste on their platform and this has been helpful to them.
They also said they do forex fully.
All these actually spurred my question because just like I said I'm ready to learn it so far it can pay my bills.

dunsin125:
The EUR/USD went up on Monday and Tuesday I think the highest in a month so I thought it would continue that way so I bought but the market has gone so low but I am optimistic it will rise up again, let mr market smile to us��

dunsin125:
I thought EUR/USD would go up but it has dropped drastically

lonewolf777:
How many pips are you targeting?

maryjames9:


For example I placed some trades last night for like 6 pairs including Audusd, I had to close Audusd alone with a loss of 20 pips because I saw my indicators showing a reversal.

Mind you I don't use lower timeframes. That way I can best interprete and understand the market trends.

AK284:


EUR/USD had being down ward movement from on Monday till date.perhaps you're mistaken it for another currency.

dunsin125:
I thought EUR/USD would go up but it has dropped drastically

meshpips:
@infofirst, thanks so much for sharing your view on US oil.

Let me post 2 charts that summarize what I expect this week on Brent crude