Forex Update on USD/CAD, EUR/USD, USD/CHF

USD/CAD, EUR/USD, USD/CHF

Sometimes last week, i asked us to make certain decisions on the trade. I am aware that these trades did not go as some would want it to. some of you were hoping to start seeing profits immediately. I was careful about this.

I decided to post just once and after that I kept mute as I did nothing but to watch the market events.

The CBN Policy indeed affected Dollars. This is to say that Naira is a very strong currency in the International Arena and majorly in Africa.

These are currently what is obtainable as at June 24, 2015

I would like you to know that Forex is not gambling. you must understand Forex trading before going into it. I will soon be doing Forex Lectures. I hope to begin before the year runs out.

Also, always use money that you can dash out to trade Forex. Please, never use your income to trade Forex especially when you have just started. Its very funny that some Nigerians do borrow money to trade. This is wrong. Forex experts do not use all their resources to trade. You Must realize that the possibility of making wrong decisions is very possible especially when you make such decisions with borrowed money. Forex works with the heart and its an art. If you are an artist, you will understand the secrets of Forex.

The very heavy technicalities some people have attached to Forex and made it very hard and people are not able to see the simplicity in this.

Below are the  trades so far:

USD CAD

Click Here To View Last Week Update on USD/CAD for Comparison

There is however a trend-line that needs to be broken. so if this trend line breaks northward, you make take trading decision. Pls, close this trade for now

EUR/USD

Click Here To View Last Week Update on EUR/USD for Comparison

This trade is quite interesting as you will not always see this spin. My eyes will be on this trade to know when to close the trade because its really getting close to its peak

USD/CHF

Click Here To View Last Week Update on USD/CHF for Comparison

FOREX REVIEW on GDPUSD & EUR/USD

GDP/USD

I wrote about selling this few days ago. We actually saw a little fall in the trade as expected. Now we should expect a  fall that should start mid-week next week.

I am expecting that you will study this trade very well and look out for opportunities next week.

we should also wait for the stochastic to go over bought.

At the Point of the Hammer, we would have thought that this trade would run Northward. It actually did, but eventually came back downwards. Please kindly check from point one to point two as indicated

Again, we should expect that market will move south. but this will not be immediate. We should be looking at mid or late next week

EUR/USD

Once the trade breaks the upper trend-line, we should expect a run upwards/northwards. If you like to take the risk, you may, but its more risky. Why not wait for the trend to break upwards first

COMPACTIBILITY VS LOVE + Forex Update

COMPACTIBILITY VS LOVE

Many times, we chose because we found love. Ohhhhh, we say its love at first sight! I cannot just tell, her eyes stole my heart. Or the way she walked was what set my soul on fire!
Nonsense, which dirty soul did she set on fire!

This is the error and many times our parents do not even advice us rightly because even they themselves are dysfunctional.

The first thing you need to look for is compatibility. If you admire Miss Nigeria, the first thing is to get to know her. Find a way to talk to her. Become friends on the day and not night friends otherwise na another talk e go be.
 

Look for qualities and not quantities.
Search her innermost heart and not her innermost body. Look for friendship.  If she can be a good friend, then she can be a good wife.

The error we make is that we begin to look for love and when we are through with the marriage, we now begin to fight for how we can stay as husband and wife. The fight becomes so terrible that the husband gets home only at 11pm because his wife is a WWF Champion.

And the wife needs a companion and not a sex machine who knows nothing more than sex. So she finds another partner to be with. So, this is why many times, courtship is very important.

Your best friend=Your good Wife

 

He that finds a wife finds a good thing and obtains favour from the Lord!

FOREX UPDATE on AUD/JPY

We have made a good trade with the AUDJPY. This i believe is now a good time to begin to get ready to close this trade. If you made the trade when we began, pls start watching for over sold so that you can close this trade. I am not a day trader so sometimes when we push a trade, it might take more than a week before we begin to see results. I will like to believe that by April 7th, this trade would have entered over sold. This is the time to begin to watch this trade as I may be too busy to tell you its already on over sold. Thank you.

Regards. .....Allen Akinbolaji

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The USD/DKK is giving us strong indications that an uptrend movement is possible. Clicking on buy may not be a mistake.
Trade well
Allen