meshpips:


Price has reversed.

You can close your sell in profit.

Price will come back to the pre - NFP trading level within the next one trading day.

I guess I am beginning to sound like a broken record.

I will only close it only if the next 4H candle comeback to trade above 1.33150

gigfx:


Thanks. I intend keeping it for long, until I see any reversal. I will adjust my stop loss sha.

You guys trade just dey gime joy �

You guys are pros.
Whenever I see u guys charts with so many sophisticated indicators i just shed tears for my own.
Hope I will reach una level one day

Josh2x:

You guys trade just dey gime joy �

You guys are pros.
Whenever I see u guys charts with so many sophisticated indicators i just shed tears for my own.
Hope I will reach una level one day

Am not even close, am just a learner as well. Still trying to find out what works for me. And if you keep pushing too one day we will get there.

gigfx:


Am not even close, am just a learner as well. Still trying to find out what works for me. And if you keep pushing too one day we will get there.

Amen o

Let me continue with my demo account ��
Las las money must be made.

Hello house, anybody that have knowledge about this mt5 forum should abeg give me tips. i want to use it to raise money to start trading. I don't think I can use my own money again after two margin calls.

jamace:
I agree with you because I saw that too. However, I prefer obeying my indicator. I have learnt how to be patient in this biz and I can hold a trade for as long as a month.

Thanks and be focused. We can make it in this biz.

PS: I trade on 4H TF.

yes we can make it. stay blessed bro

You mean a buy back to 1.33500 price area?

meshpips:


My brother, you need not try analyse so much.

USDCAD will come back to its pre NFP trading level within the next ONE trading day.

lonewolf777:
You mean a buy back to 1.33500 price area?

Yes sir.

Hello boss, thanks for ur maturity of mind & candid opinion. U didn't call me disgusting & lazy. As for d bolded in ur comment, whatever I say now or do is below par & sadly I can't sit & pass an exam cos I easily forget & find it very difficult to assimilate a sentence. I've tried all I can. Some blame it on d fact dat I never got d chance to breast feed at all. I don't want to believe it is d cause. Well on d bottom of dis post is my previous comment on a thread where I talked about dis issue.


I always feel dat d people here will be more understanding to my plight & actually help & see if really I'm just a mere scammer. If truly I was dat bad, will I have d mind to tag my previous usernames? No.

My postings here seems to make many hate me d more & d shallow thinking of others is dat granting me help will cause bad precedence which is not true.

Which normal human being with both hands & legs & full functional productive brain finds it honourable soliciting or begging financial assistance from people? How long would he continue doing dat? Feed, cloth & pay ur wards fees from such money. It doesn't make sense.

I don't wish any of u experience my struggle & not when some of u have tasted d financial enjoyment of life & comfort.

If life is by work alone, I wouldn't even be on dis website posting in d first place. My living would've been too engaged for humanity.

P.S: For those of u always angry when I post dis, pls forgive me for disturbing ur eyes, mind, sleep & forex trading. I wouldn't do it again. Cheers.

drpips1:

I hope you consider my candid advice, getting loan will not help with this your current state of mind, it will only enslave you the more into the hands of your lender. You have been here for ages, since the time bernanke and obama where trying to show us quantitative easing, I feel even though is $1 you have, it will be more honorable to have multiply it ,you grow more profit, you grow more friends, it is far better than squashing the $1 and looking for who will give you another by chance, you can type very well and express yourself soundly, something is lying dormant here that is not been put to use

Truest:
my greatest pain in life is inability to become a computer scientist 13 or 15 years ago after life showed me d great potentials in me.

right now I practically lost my brain & can't even right good english, can't remember small equation, favor is not coming my way. I continue doing menial jobs cos I fell from an intelligent student to forgetful student years ago. I abandoned science for social science & didn't help me either. I would have been one of those gurus students taking their fellow students tutorials in university days. I abandoned school eventually.

d pains & state of oblivion is still here & I always feel shortchanged by nature & all my mates have all moved on & enjoying life & their family. I'm not a young person in age either & I am neither lazy nor an hater, envious, fornicator etc but it pains me looking at those meaningless years & living I am going through


I always wish to be reborn & start afresh

USDCAD
Looks like the house is seriously divided on where the pair is heading. At the end of the day, I think it may depend on how long you would like to hold.
An aggressive entry presently puts me in a short position. May close in profit and then wait. But we may have to wait to see for sure where the pair is going. If I wanted to be sure or conservative, would have waited.
Long term bias for me is short. From a technical point of view, USDCAD can actually witness a massive sell off in hundred of pips.
I will post my charts today. And talk about how to wait for confirmation for the sell off. That is, what to look out for to catch the trade if it happens.
We only speculate. Price determines what we do. Not the other way round. We can't tell the price what to do.

Be like say USDCAD na the favourite of people on this thread o. Na only USDCAD waka come?

SayDeeJay:

Check your mail.

pls boss send it to me at shefiu1995@gmail.com. Thanks

@gigfx, I reviewed my USDCAD buy trade to see what went wrong. I noticed that the support level I picked was poorly "defended".

This was why the support failed to hold during the NFP/CAD news report.

However, a new support has been established and this one is very well defended.

I expect a gap upwards on this pair when market opens.
The first price attraction point will be 1.3338 while the previous take profit will be the second price attraction point.

Let's see how this plays on when trading resumes.
Enjoy your weekend.

Is anyone using XM broker here please?

USDCAD.
Daily timeframe.
I entered a short position based on the break out and retest of the ascending wedge.
If you look at the weekly timeframe, you can see that the pair is about to test the lower trendline of an ascending channel.
So we are to wait for how price reacts now, at this area. So what to do is to wait. I won't be buying if there is no break of the trendline. I am only interested in selling this pair. If the setup for sell doesn't show up, I will stay out.
So here is one of the things to look for. A decisive break of the trendline, then a corrective structure. That is, after the break, you drop to the daily or 4 hour timeframe or even 1 hour timeframe (not as reliable as the higher timeframes) and watch for an upward price movement. Then you draw a support trendline for this upward price movement. The confirmation for a sell will be the break of the support trendline (break out from the corrective structure).
I have put a third picture to put the two in context. Weekly trendline support in Green and where price is at the moment.
Infact, I just looked at it again. One can redraw that trendline. And this level will also correspond to an horizontal support. Look at the last picture. Don't be caught by surprise if USDCAD tumbles.
A rejection could also happen but I will just stay out of that.

Okay, It seems the pair will drop further �

meshpips:


Yes sir.

I believe the trendline has already broken on the weekly chart, let's watch how price react.

SayDeeJay:


Pm me

Thank you so much for the books bro, I am understanding it gradually. God bless

docus:
I believe the trendline has already broken on the weekly chart, let's watch how price react.

Don't be surprise if there is a retest of that broken trend line this week.

I'm looking for a very skilled EA coder, anyone here?

Michealeni:

Don't be surprise if there is a retest of that broken trend line this week.

Sure, if there a retest am looking out for more sell signals to add to that trade

docus:

Sure, if there a retest am looking out for more sell signals to add to that trade

I am also now looking for bearish price action to sell.

USDCAD

Last Friday, I said the price will find it way to 1.3266 support level, which play out well with a little pull back and close just above the horizontal 1.3266 support.

At this point there is NO strong buy signal form on the daily chat. This indicate that market will experience an impulses pull back from this support level to 1.3333 resistant level to gain more strength and fall back to fully break the 1.3266 level

Once it fully break the 1.3266 level, it will fall to the next support level which is at 1.31130


But if the pull back break the 1.33330 and 1.33795 resistant levels and show strong signal, then the price will continue it journey towards 1.35875 diagonal support level, but doubt if it will happen

Right now the USDCAD is just on the watch card of professional traders looking for either sell or buy strong signal to strike.

I wish you Guys happy new trading week and more earning pips to you bank

enolife2:
USDCAD

Last Friday, I said the price will find it way to 1.3266 support level, which play out well with a little pull back and close just above the horizontal 1.3266 support.

At this point there is NO strong buy signal form on the daily chat. This indicate that market will experience an impulses pull back from this support level to 1.3333 resistant level to gain more strength and fall back to fully break the 1.3266 level

Once it fully break the 1.3266 level, it will fall to the next support level which is at 1.31130


But if the pull back break the 1.33330 and 1.33795 resistant levels and show strong signal, then the price will continue it journey towards 1.35875 diagonal support level, but doubt if it will happen

Right now the USDCAD is just on the watch card of professional traders looking for either sell or buy strong signal to strike.

I wish you Guys happy new trading week and more earning pips to you bank

Would have loved to see your charts. It's easier getting your mind from pictures of the chart. Would have been easier to follow and learn from your analysis

EURUSD

Eurusd successful broke the diagonal trend line and the 1.13244 horizontal resistant level with strong signal on daily chat. this indicate that EURUSD will be moving to 1.1446 horizontal resistant level by next week.

You are free to correct me


I wish you Guys happy new trading week and more earning pips to your bank

PJAMES1:


Would have loved to see your charts. It's easier getting your mind from pictures of the chart. Would have been easier to follow and learn from your analysis

Image 1: weekly chat

image 2 : daily chat

image 3: daily chat too

enolife2:
EURUSD

Eurusd successful broke the diagonal trend line and the 1.13244 horizontal resistant level with strong signal on daily chat. this indicate that EURUSD will be moving to 1.4466 horizontal resistant level buy next week.

You are free to correct me


I wish you Guys happy new trading week and more earning pips to your bank

I also think EURUSD is going up. Being holding a long position for a while. 180 pips in profit but it's a long term trade. So still holding. But I expect more upside move.

PJAMES1:


I also think EURUSD is going up. Being holding a long position for a while. 180 pips in profit but it's a long term trade. So still holding. But I expect more upside move.

Yes, it's an upward trade because trying to change trend direction. I will advice you to lock some pips in profit ( move your stop lost to at least 70 pips profit position below support level) on 4hours chat

PJAMES1:


I also think EURUSD is going up. Being holding a long position for a while. 180 pips in profit but it's a long term trade. So still holding. But I expect more upside move.

watch for resistance at 1.14447, once price break through this level then the bulls are in control

infofirst:


I hereby cancel this gesture for kozmicity. I doubt he regularly visit or read here for him not to have seen this since. Regular members are the target.

Sorry for this... But I wasn't able to login my account...why? I do not know but I've always been visiting as a guest.