NewStats: 3,263,938 , 8,181,977 topics. Date: Sunday, 08 June 2025 at 09:05 PM 6as2f

infofirst:


Closed 86 pips in green. The 86pips in red now back to one digit green.

GBP bull are loading. Do not be caught unaware. Plan your trade and trade your plan.

wamiikechukwu:


I think we should wait for ADP non farm employment data schedule to be released by 1:30 pm..

yesterday ISM data shows that the US manufacturing sector is slowing down.

the only reason the USD is still showing signs of going bullish is because of high interest rate for bonds.

As anticipated the ADP data was bad, showing that the US economy is losing steam.

let's wait for Friday NFP data, which I am expecting to be bad too...

wamiikechukwu:
from the poor manufacturing data released by ISM and trump's tweet... I am expecting USDJPY to trade below 107.60-.

any contrary opinion on this.

USDJPY is currently below ***.30

Fed chairman said they will not lower the interest rate until negative data comes up and we are not hoping for any more rate decision till late this year or next year, despite falling US manufacturing sector.

As far as the USD interest rate is higher than JPY, EUR, AUD, investors will keep buying US bonds thus dragging price higher.

wamiikechukwu:


As anticipated the ADP data was bad, showing that the US economy is losing steam.

let's wait for Friday NFP data, which I am expecting to be bad too...

Hahaha boss mi. When we go con chop the pips nah if we keep waiting

infofirst:


Hahaha boss mi. When we go con chop the pips nah if we keep waiting

honorable sir, your signature.

infofirst:



GBP bull are loading. Do not be caught unaware. Plan your trade and trade your plan.

Bro stay safe oh!!! At the moment, the market has no direction. I'm also thinking we could be in a consolidating era. But no one knows what could happen.

Eyes on AUDUSD.

Recently I had 4 straight losses. Painful but the market still dey teach me some kinda lessons.

One thing I think will make new traders better is taking SMALL losses early than hoping price could reverse when you are on the wrong side. You should be FEARFUL when you are on the wrong side of the market.

But when you are on the right side, be HOPEFUL. LoL

femora007:
Survival of the fittest

patient pays. EurGbp hit SL but later go in the expected direction, UsdJpy too at entry but i enter again, all in good profit now

m

redsox11:
Hit your SL unless you are not using SL. Dropping like stone since your buy call.

Go for it, if you can, I'm sure you are aware of the extra pressure it does bring to trading.

My intra-week VAP analysis shows that this week's resistance is at 108.11 .

Price needs to re - visit this level 'cos that's that's where sellers would be waiting (between 108.11 - 108.407)

Regarding SL, I don't use it. I simply hedge the trade and resolve them at the appropriate /resistance level.

meshpips:
Buy USDJPY at current price.

Target 108.10

Then maybe 108.38

Happy trading!

meshpips:


My intra-week VAP analysis shows that this week's resistance is at 108.11 .

Price needs to re - visit this level 'cos that's that's where sellers would be waiting (between 108.11 - 108.407)

Regarding SL, I don't use it. I simply hedge the trade and resolve them at the appropriate /resistance level.

I don't understand, the chart shows when you said BUY USDJPY. Price went south since then.
Are you saying you don't accept loss?? you just hedge the trade that goes against you?
So when do you release the hedge?

I thought you mentioned you update your vap value every hour?
You mentioned intra-week just now?

buy usdjpy 107.064

Enjoy the trade!

redsox11:




I don't understand, the chart shows when you said BUY USDJPY. Price went south since then.
Are you saying you don't accept loss?? you just hedge the trade that goes against you?
So when do you release the hedge?

I thought you mentioned you update your vap value every hour?
You mentioned intra-week just now?

hedging a trade is like pressing the PAUSE button. It is almost same as cutting the trade only that you really do not have to cut anything.

The hedge can be resolved at any /resistance level of choice.

Think about this as regards cutting trades:

a lady has br**st cancer, they CUT off the br**st. Does she still survive in the end?

Companies "down size" or "right size". Don't many of them still go belly up?

You cut 50% loss and now need to make 200% profit to get back to where you were before.

Brother, think for yourself and stop accepting the plenty untrue and illogical stuff they have been parading in the face of traders.

NOTE: Regarding the intra - week analysis, you always should have a broader overview . I am undoubtedly an intra - day trader but I have a very good overview of longer duration.

Let's see how this new entry will fare.

that VAP already highlighted 108.11 as intra - week resistance for the adjusted price?

So we can expect to close our buy trades anywhere between 108.11 - 108.407

Usdjpy... I feels 107.4*-6*...108? Anything is possible in this market. Never say never. I struggled to the sell along the way and exit. Now I will be eyeing 107.4*-107.6* to re the seller iff...

infofirst:
Usdjpy... I feels 107.4*-6*...108? Anything is possible in this market. Never say never. I struggled to the sell along the way and exit. Now I will be eyeing 107.4*-107.6* to re the seller iff...

Thanks for sharing your outlook.

Let's see how it plays out.

Kindly consider trading the following

Sell eurcad
Buy cadjpy
I may be wrong

any one interested in usdchf, time to go long

GU.

Where could it be going??
Any ideas? Please share

bojbest:
GU.

Where could it be going??
Any ideas? Please share

We have some bank holiday today and during the week also. Maybe.

Preferred method of entry and money management with pivot trading for most people I see.

They usually reduce risk and spread trade entries covering larger surface area, instead of a single entry. and use of expert to manage the large number of trades.

femora007:
patient pays. EurGbp hit SL but later go in the expected direction, UsdJpy too at entry but i enter again, all in good profit now

Make I b like you boss mi when I grow up.


@currentprice @pinbar...where are we? Kudos @pinbar with your Telegram channel. Lots of resources and insights at no cost. God bless you.

infofirst:


Make I b like you boss mi when I grow up.


@currentprice @pinbar...where are we? Kudos @pinbar with your Telegram channel. Lots of resources and insights at no cost. God bless you.

Boss for where, I am still learning sir

femora007:
Boss for where, I am still learning sir

The joke aside boss mi. Those who know sabi.

That your Ausd Have you close it... That Au looks like going to smatch that area up and possibly break higher. USD ganna get some rain in days to come.

infofirst:


Make I b like you boss mi when I grow up.


@currentprice @pinbar...where are we? Kudos @pinbar with your Telegram channel. Lots of resources and insights at no cost. God bless you.

Can i get the group link please �

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redsox11:



That was close to 100% return, wow. Are you using the same method with your live BUT with reduce risk? or some other method you are still working to perfect?

current standing on the risky and the conservative one

this week went well

bojbest:
GU.

Where could it be going??
Any ideas? Please share

Check the GU's position in the market right now according to FFMV Dashboard...

GBPs generally moving up

can someone tell me what happened to GBPUSD? I keep buying on every drop since Monday and it will hit stoploss but today and lost recover and added 250% plus

Will EURUSD DO THE SAME? I added buy with massive lot 4.0. With stoploss of 15pips

my humble opinion on USDJPY.

ISM will release there data on non manufacturering employment by 2:45pm trade cautiously.

the data they published last two days on the manufacturing employment drove USD down by 80+pips.

Also know that the non manufacturering sector makes a huge percentage of the employment.

I am on a sell though.

wamiikechukwu:
my humble opinion on USDJPY.

ISM will release there data on non manufacturering employment by 2:45pm trade cautiously.

the data they published last two days on the manufacturing employment drove USD down by 80+pips.

Also know that the non manufacturering sector makes a huge percentage of the employment.

I am on a sell though.

My Bro. News sometimes do have funny outcomes but one needs to be careful. At any rate, USDJPY is currently at the level on H4, so it is 50/50. Bounce or break? Anyways let's wait and see what happens...