bigbasho:

I have seen Redsox trade this way. I am still learning it

nennin:
Good evening sir, pls sorry to disturb u. the gold buy still running with about 130+ pips, while the GBPJPY was later closed with -30+ pips. i entered GOLD buy @1267.43 and now the price is 1280, is there more room to move further?. i want to use this free $30 from XM to grow my equity.

redsox11:
Two major obvious H&S but only 1 is valid according to the rule.
The rule helps, so you don't start to chase shadows.
Looking for H&S even where there's none.

Shevychen2:


3.Still on profit taking, a market based system of profit taking is more reasonable than fantasy. It is nice to have 1:10 R:Rs but it is fantasy if it is not price based. Where is the next support and resistance? What time of the day or week is it? For example. A day trader still hoping for a major move after UK session close is day dreaming.


5.Don’t fight to get a 100% success rate. Anything above 50% is good if you target 1:2 RR. If you keep changing your system with every loss, you will never grow.

bigbasho:
It is nice to have 1:10 R:Rs but it is fantasy if it is not price based This is what i am gunning for now. So that i can make more money from a 20 pips move than a 200 pips move. My goal is to make money not pip. kikikiki. @Redsox should know where i quote this from..

BigJakie:


Hello Redsox... Ive been tradin the forex market recently with a little bit of success. Thanks for sharing such valued info on here freely... Based on your H&S system this seems to be a valid setup.
It alligns with the 61.8 fib level...

Correct me if I'm wrong

May the pips be with you
Cheers

incredibleace:
GBPUSD sell

BullBearMkt:

...you're not disturbing me sir. We are only helping one another here.

Gold: On weekly it is still neutral and it can go either way, but intra-day wise, it looks like it might likely reverse to rally, but...
GBPJPY: Weekly is rising. As I mentioned earlier, it might likely pullback to support before rallying. I think by now, from last week close, you should be in profit as at today.

Cheers.

nennin:
yes i have made 200+ pips in profit, thanks sir God bless.

redsox11:


Peeps go to university for 3+ years to get a degree which doesn't mean you'll be successful in life, it just makes things easier for you, broaden your horizons. Imagine if ppl put the same effort in FX, a lot people would have been more successful. Instead people look at it as get rich quick scheme.

Nice job Nennin . Don't forget, you've to keep at it, nothing is impossible. You have to work hard and put in the work.
Keep it up man.

Ps: True story... A Nigerian guy, living in Surulere, Lagos, username Kin- something on FF turns 10k dollars to 137k in 2 weeks.. We've got some real talented people in 9ja. Of course, not everybody will get to that level.

You don't have to compete with anybody, just compete with yourself, that way you'll continue improving.

bigbasho:

@ bolded is what i want to be hearing o. That was what i meant in my previous post. Hammer the trade with good lot size and R:R rather than accumulating pips with small lots. do you have the link to his thread maybe i can spy on him

Bolutumiii:

Pls, don't 4get to carry a video recorder along while spying oooo

BigJakie:


Hello Redsox...

May the pips be with you
Cheers

bigbasho:

@ bolded is what i want to be hearing o. That was what i meant in my previous post.

incredibleace:
GBPUSD sell

FX:
EURJPY has finally broken the 131.82 support. If it closes below this support today by 11pm . . .
If you feel this is not an A+ setup, give your reasons. So be on alert! It is a waiting game.

meshpips:


I always recommend selling from an UNTESTED resistance level or on the retest of a newly broken support level.

This way, you get into the trade using LIMIT orders.

I got into a sell on EURJPY, the screenshot shows the trade in it's early stage.

redsox11:


I saw a reaction at your area, would have use the sharp fall as A. Did you catch this? 9-10pips SL, it was good for 30 pips. I usually lock my trade/ breakeven when I have 1:1 RR, that way it's a free trade.

One can set pending or wait around the C area for reaction before entering.

He didn't share how he trades/ or system, just random talk with myfxbook link and live calls when he was entering.

FX:
Well good for you. May the pips be with you. I will wait until 131.82 support is broken properly and price closes below it on daily chart. Then I will sell on retest. I don't trade 1 hour chart.

meshpips:


Kindly note the bolded "daily" . . .
Yesterday's candle closed as a dragon fly doji with a bullish body. Don't you think the chance for a reversal to the upside is high?

meshpips:


Please keep an eye on this trade.

I strongly feel that GBPUSD will keep buying until 1.324* region. You can check the reaction at 1.3096 level (it seems obvious that price found demand there).

FX:
. . . Post yours let me see.

FX:
Who is with me on EURUSD. I sold at 1.1640 resistance. Target is 1.1500. RR is 1:3.5 May the pips be with us.

eye2sabi:

Good morning brother, I have been following your posts and I must say I've learnt so much from you. You're doing a great job.

Please when trading your H and S, where to you consider as your area of interest? Is it S&R lines/zones? Or is there another factor you use to determine it.

Thanks