NewStats: 3,262,568 , 8,177,527 topics. Date: Monday, 02 June 2025 at 07:08 PM 59285s

obatine:
#BREAKOUTANDCHANNELTRADES

Hope you keep posting, good info.

I like it when channel ( I usually call is price compression ) is obviously going down for good buy entry and vice versa.

When I see the compression, I know price is trying to find the nearest area of interest then go the opposite direction.

Ps: You enter a trade and it's taking so much effort to give you profit, it's going +5, +7, +10, +12, YOU notice you are in profit but it's taking forever to move in your direction, all of sudden price will just move against you with so much ease and head to your SL.

You're most likely in a price compression.

redsox11:


Hope you keep posting, good info.

I like it when channel ( I usually call is price compression ) is obviously going down for good buy entry and vice versa.

When I see the compression, I know price is trying to find the nearest area of interest then go the opposite direction.

Ps: You enter a trade and it's taking so much effort to give you profit, it's going +5, +7, +10, +12, YOU notice you are in profit but it's taking forever to move in your direction, all of sudden price will just move against you with so much ease and head to your SL.

You're most likely in a price compression.

I'm still waiting for you to talk on areas of interest as you said you would. it will really go a along way to help some of us. thanks bro

phew, oga mesh pip exited the g/u early

phew, oga meshpips exited the g/u early...i believe there's still room to the party... oga pipsbasketting welcome back like a new sim...ha

ALERT ALERT ALERT.... FOLKS LET US BUY GOLD. the pool party is still very much at it's early stage...

buy usd/cad... still look much dicey but i've entered already... the R:R looks good. targeting 1.28897

wuyexzy:
phew, oga mesh pip exited the g/u early

I didn't exit too early.

Price didn't do up to 20 pips higher than my exit point.

I have sold, banked profit on the sell and now I am currently buying.

We might see 1.328* at least.

eye2sabi:


I'm still waiting for you to talk on areas of interest as you said you would. it will really go a along way to help some of us. thanks bro

I will soon.

It's not some big secret though

You can see where price are drawn to mostly on your charts / decision areas

Cheers.

redsox11:


Couldn't figure out the H&S on your GJ chart. Maybe I've got sight problem.

Exited mine.

But it later dropped to my target of 148.55

Weak CAD at news

ACAD Long
CadCHD Short
CadJ Short

50 pips SL.

ACAD TP 0.9670

The rest, your discretion

AJ Long@ 0.5797

TP 0.8580

SL 0.8455

EA Short @ 1.5621

-50, 100

GA Short @ 1.7480

-50, 120

Personally I would be exiting my cad trades when ACAD reaches TP.

Looking next for weak USD

Gazelle22:


But it later dropped to my target of 148.55

Yeah I saw that, good job.


G/U in 250 pips range. I'm looking for a reaction at the upper horizontal line. So as to get reduce SL.

Good day guys.... This is another opportunity to book some pips... GBPJPY n USDJPY SELL @CMP

Closed my CADS

ehizmac:
Good day guys.... This is another opportunity to book some pips... GBPJPY n USDJPY SELL @CMP

Isn't that lot size a bit large for that balance?

teemy:
Closed my CADS


Isn't that lot size a bit large for that balance?

Yea it is a very big lot size for the but based on the analysis involved i call it the jackpot setup so I loaded my boat.. For those interested in ing the whatsap group should inbox me their details... Pls for only serious minded traders

Hi all,
I am the latest newbie in forex trading.
Please recommend some good books for me.

NIGERIAN FX TRADERS: ALWAYS ON THE LEAD

- EHIZMAC, MESHPIPS, REDSOX11, PIPSBASKETTING, JLINE, ETC, SPOTTED

I have most times laid my little head back to think why Nigeria as a country is not ahead of the most developed countries of the world. That question, till date, still appear rhetorical.

Nigeria is blessed with a lot of talents, creativity and ingenuity. As a journalist and Political Scientist, I have had the opportunity to evaluate the performances of Nigerians individually, both at home and in diaspora.

In the world of academics, policing and defense, research, technology, science and development, business and investments, Nigerians are always on the lead when placed under the same condition with their counterparts across the globe.

To save time and space, the business of Forex trading is about the most risky and complicated. Investors across the globe will rather prefer going for very safe investments like bonds and Treasury Bills with meager returns of sometimes less than 5% annually. Nigeria sold her USD denominated bond at 7.5% this year, yet, foreign investors were falling over themselves leading to its oversubscription.

Normally, Forex Traders who brand themselves 'professionals' will see a return of 30% annually as amazing. United States government practically bans there citizens from involving in Forex trading. Where they are allowed, tough regulations follows. For instance, managers must be professionals, ed and regulated. Brokers will not allow more than 1:50 leverage, etc.

But come down to Nigeria, that which appears very tough and scary for the supposed educated, enlightened and civilized nations and citizens is like a child's play here. Forex trading has become very common and lucrative, with talented Nigerians safely returning sometimes over 100% monthly or in less than a month.

In this thread for instance, evidence abounds of Nigerians who make themselves and Nigeria proud.

Meshpips recently got involved in Social Trading with liteforex to benefit both himself, newbies and even professionals who will still like to diversify. He made it public here. In that way, his efforts will greatly be rewarded in times to come.

Redsox11, Ehizmac, Pipsbasketting and a whole lot of others are encouraged to follow suit.

Congratulations to all of you.

# NigeriaHaveTalent#

GAZELLE MEDIA

Gazelle22:
NIGERIAN FX TRADERS: ALWAYS ON THE LEAD

- EHIZMAC, MESHPIPS, REDSOX11, PIPSBASKETTING, JLINE, ETC, SPOTTED

I have most times laid my little head back to think why Nigeria as a country is not ahead of the most developed countries of the world. That question, till date, still appear rhetorical.

Nigeria is blessed with a lot of talents, creativity and ingenuity. As a journalist and Political Scientist, I have had the opportunity to evaluate the performances of Nigerians individually, both at home and in diaspora.

In the world of academics, policing and defense, research, technology, science and development, business and investments, Nigerians are always on the lead when placed under the same condition with their counterparts across the globe.

To save time and space, the business of Forex trading is about the most risky and complicated. Investors across the globe will rather prefer going for very safe investments like bonds and Treasury Bills with meager returns of sometimes less than 5% annually. Nigeria sold her USD denominated bond at 7.5% this year, yet, foreign investors were falling over themselves leading to its oversubscription.

Normally, Forex Traders who brand themselves 'professionals' will see a return of 30% annually as amazing. United States government practically bans there citizens from involving in Forex trading. Where they are allowed, tough regulations follows. For instance, managers must be professionals, ed and regulated. Brokers will not allow more than 1:50 leverage, etc.

But come down to Nigeria, that which appears very tough and scary for the supposed educated, enlightened and civilized nations and citizens is like a child's play here. Forex trading has become very common and lucrative, with talented Nigerians safely returning sometimes over 100% monthly or in less than a month.

In this thread for instance, evidence abounds of Nigerians who make themselves and Nigeria proud.

Meshpips recently got involved in Social Trading with liteforex to benefit both himself, newbies and even professionals who will still like to diversify. He made it public here. In that way, his efforts will greatly be rewarded in times to come.

Redsox11, Ehizmac, Pipsbasketting and a whole lot of others are encouraged to follow suit.

Congratulations to all of you.

# NigeriaHaveTalent#

GAZELLE MEDIA

Such an interesting write up and I must say very encouraging... Kudos as we plan to fly the Nigerian flag higher...

redsox11:


I will soon.

It's not some big secret though

You can see where price are drawn to mostly on your charts / decision areas

Cheers.

Alright boss. Yea I call them supply and demand zones.
But I still want to understand your own view though. Lol I'm Oliver twist

mamatwiny:
Hi all,
I am the latest newbie in forex trading.
Please recommend some good books for me.

check www.360forextrader.com

pipbaskets, if you follow the Nigerian way of life you Will end up not helping any one.

just do what your comfortable doing.

ehizmac:

Yea it is a very big lot size for the but based on the analysis involved i call it the jackpot setup so I loaded my boat.. For those interested in ing the whatsap group should inbox me their details... Pls for only serious minded traders

Please kindly post the link to the whatsapp group here for easy access.
Thanks for wanting to help new forex traders.

GBPAUD

Hello @resdox11 can you pls share your head and shoulder patter with me, my e-mail is [email protected] or if you have it on this platform kindly share the link.

Thanks in advance.

I would have loved to share the WhatsApp link but am trying to avoid spammers infiltrating the group... So send me a message or show your interest then will you...

nohalti:

Please kindly post the link to the whatsapp group here for easy access.
Thanks for wanting to help new forex traders.

gold was lit, closed out...

having a pending buy limit lower on gold.

some setups im looking at next week...
i have no doubt that in me about gbp/usd hitting atleast 1.33954 in the near term. look at the candle pattern on the weekly chart showing a strong base for the bulls. with the daily ing that as well... trade your plan, plan your trade.

might be bad business selling some pound pairs especially gbp/usd and gbp/cad unless for scalping...ha, just me thinking loud. nobody knows what price has in stock.