Silver is sold already here. Follow d downward trend. Bearish pin bar was formed on Wednesday followed by yesterday's bear. .
Good luck

djwalata:

Good work BUT newbies with small capital should b careful because selling is not supported here. trend is ur friend.GU might b targeting 1. 2760 which is d next resistance. good luck

Best thing is for those that entered the buy from the beginning to keep adjusting their positive sl and enjoy the ride. Entering new trade comes with more risk but it can actually pay if you know what you are doing.

infofirst:


Best thing is for those that entered the buy from the beginning to keep adjusting their positive sl and enjoy the ride. Entering new trade comes with more risk but it can actually pay if you know what you are doing.

I'm not buying this. This was a reply when he said GUSD should b sold targeting 30pips. I'm waiting for it to reach 1.2750/60 which is d next resistance to know if sell signal will b seen.

EURCARD employment news in about 30mins..
Lets hope it pushes price to break the orange resistance. If it happens, its buy but if its doesnt, may be its a start for a sell.
Good luck to us all.

djwalata:

I'm not buying this. This was a reply when he said GUSD should b sold targeting 30pips. I'm waiting for it to reach 1.2750/60 which is d next resistance to know if sell signal will b seen.

I yamm not getting the part you are not buying.

PIPnator10:
EURCARD employment news in about 30mins..
Lets hope it pushes price to break the orange resistance. If it happens, its buy but if its doesnt, may be its a start for a sell.
Good luck to us all.

Chai..news took me out on BE after giving me 54pips.
Will be watching it still, price is still within the weekly support.
Will see what happens..

infofirst:


I yamm not getting the part you are not buying.

Look at d chart. I'm not buying because it has already touched d upper line of d channel.
So any day it eventually reaches 1.2750/60, I will know what to do.

djwalata:

Look at d chart. I'm not buying because it has already touched d upper line of d channel.
So any day it eventually reaches 1.2750/60, I will know what to do.

I did not suggest buying at this price too. I said those that sold( buy I mean.. Edited) earlier as in from the very beginning the rally started shd enjoy by moving sl till it last.

djwalata:
I'm short already. The chart is self explanatory. Bearish pin bar almost on d upper channel which serves as a resistance.

u can join d party. Don't expect any buy at d moment.
There was a bearish pin bar yesterday as I said which was rejected by d horizontal resistance and also d upper channel resistance.
Today's employment change is massive as well. Good luck.

djwalata:
u can join d party. Don't expect any buy at d moment.
There was a bearish pin bar yesterday as I said which was rejected by d horizontal resistance and also d upper channel resistance.
Today's employment change is massive as well. Good luck.

Is your channel auto or manual? Your S n R lines too... Manual or auto? Good one.

And in addition to boss @Redsox11 suggestion, folks should try and comment on a trade call especially if it's one of those pairs they trade as well. For me, I do not trade most cross pairs but am more of Gu eu uj egbp oil


Make una dey try like trade calls too. It takes gut to drop calls and even more to accept losses.

infofirst:


Is your channel auto or manual? Your S n R lines too... Manual or auto? Good one.

Manually drawn all by myself.
Thanks. But I'm still a learner as well

djwalata:

Manually drawn all by myself.
Thanks. But I'm still a learner as well

We can always get better. I will like to be a learner like you when I grow up and start learning.

The fibs are on point too. If I had pay attn to fibs.. I could have seen the correction from 1.255* was just around 50% when the rally started. Just that those your Mas looks too much.They are obstructing the price gradually. What Mas number you use.. I like 20, 50 & 200

There's a minor support at d current price level but I expect it to go down if and only if it doesn't close inside d support of d channel. I'm already short because of today's employment change which is quite positive.

FFMV Dashboard Trade Call:

USDCAD Sell Signal

Entry: 1.32158

Exit (SL): 1.33384

Target (TP): 1.30809 - You can consider BE and trail the price from behind

FFMV Dashboard Signal below

Trade call alert. Expect a move upward when daily price closes above d current price level which serves as a resistance also d 200MA(colour black)which serves as a resistance. Watching closely.

Sunnycliff:
Oil is set for a full bullish swing.
An Iran oil ship has just been attacked by a missile. The China USA trade deal is coming with a positive glimmer. Anticipated OPEC oil supply cut by a minimum of 1mbpd in December and 2020 are all indices sustaining this bullish trend.

Am still holding on my Oil Trade

You can place a Buy trade at 54.75 and TP @55.50, SL 54.30

My oil buy limit just picked at 53.85. Tp 55.85. Where boss @currentprice to come and anoint this trade o.


Plan your trade and trade your plan.

Not a trade call. (EURCAD)
The pair took me out at BE, Just leaving here for record purpose.
To see if what I feel about it happens.
Me trading it will be revenge trading which isnt a good idea.

UsdCad Unemployment rate was awesome.
Its clear that the bears have the market.

Stopped me out but I reentered because price formed a double top pattern.

We hope the bear keep pushing it down.

redsox11:
This thread is getting HOT and more participation from everyone.

I see a lot of live calls, post of entry and showing balls.
It takes steel balls to make live calls, and post aftermath of the chart, loss or win, doesn't matter.

Even forexfactory traders don't have that ball, a lot of fakers over there with after market reach TP post.



Ps: I'm truly sorry if I stepped on any one toes here, never was my intention to pick on anyone, forgive me.
I'd like us all to work together to better us all.

You said the plain truth, your post does not resemble stepping on toes at all.

See there is one long term foreign trader like that, whose trade calls I used to follow. The person predicted that all the gbp pairs will crash with certainty. I later found out that there was about to be a serious bullish move, I quickly exited the trade if not my account would have been blown to pieces. I. e the "bet9ja ticket" would have cut in different places multiple times. Eventually took the opposite trade. At least the person would have been kind enough to alert us about the change of plans or trade.

Educational purposes...
Be careful when u want to go long at d current price. 200MA is a resistance.
The upward trend line also is touched already. U might consider to take profit if u r long already.
I'll wait for d price to close above d trend line as well as d 200MA to consider a buy.

If you are not long on Cable today, you might want to reevaluate your position. The bullish giveaway is still on. Even I that refused to trade again this week had to get some bonus.

Long GBPUSD, even if it is for 10 pips

alphaNomega:
If you are not long on Cable today, you might want to reevaluate your position. The bullish giveaway is still on. Even I that refused to trade again this week had to get some bonus.

Long GBPUSD, even if it is for 10 pips

You are right bro..
And this push up will likely continue into next week.
Took this long not long ago and its kind of trying to drop now.
London closes in less than 1hrs, I guess the big guys are taking profit hence the dropping.
Might enter again when price find support after the london close.

Capitals:

Will the sell hold or is this going to be hot knife over butter experience.

Attention shifted to AudJpy, will just observe GBP pairs on the sidelines.

To the newbies who r always going up and down searching for a romantic and out of this world indicators....
The best indicators u can ever c is on your chart.
Example is this.
Bearish trend, bearish pin bar, 61% fibbo as well as horizontal resistance level. What r u waiting for than to sell?
NOTE.. Even if it goes against u, u ve already fulfilled ur part of d assignments.
Stop looking for indicators that can't take u anywhere.

djwalata:
To the newbies who r always going up and down searching for a romantic and out of this world indicators....
The best indicators u can ever c is on your chart.
Example is this.
Bearish trend, bearish pin bar, 61% fibbo as well as horizontal resistance level. What r u waiting for than to sell?
NOTE.. Even if it goes against u, u ve already fulfilled ur part of d assignments.
Stop looking for indicators that can't take u anywhere.

I can never forget how the June 5 daily bearish pinbar on the Fibre ruined my analysis at the time. After all said and done, I went short only for a bullish engulfing bar to appear the next day and hit my SL. That was when I started having doubts in technical analysis.

The market won't work according to your methods all the time, but that moment was a reality check. I am not against technical or fundament analysis here, I am only sharing my experience. I still use both methods to varying degrees.

NB: For newbies, EURUSD is also called "the Fibre"

Educational purposes...
Buy signal is when d current price closes above d downward channel for d upward channel to take over. This also is in line with the 100MA (colour green) as a resistance. I'm buying this a few pips above the current price.

alphaNomega:


I can never forget how the June 5 daily bearish pinbar on the Fibre ruined my analysis at the time. After all said and done, I went short only for a bullish engulfing bar to appear the next day and hit my SL. That was when I started having doubts in technical analysis.

The market won't work according to your methods all the time, but that moment was a reality check. I am not against technical or fundament analysis here, I am only sharing my experience. I still use both methods to varying degrees.

NB: For newbies, EURUSD is also called "the Fibre"

Educational purposes....
I'm not your teacher but I can never trade this as a bearish pin bar...
My reasons... The body of a PIN BAR shouldn't be more than one third of d entire candle itself. Kindly take a look at d other pin bar I circled, (did it failed to sell? NO....the body is never bigger than one third of d entire candle itself.
Also, the the candle u called a pin bar formed in an uptrend.
Check d candle very well b4 u consider it as a pin bar.

djwalata:

Look at d chart. I'm not buying because it has already touched d upper line of d channel.
So any day it eventually reaches 1.2750/60, I will know what to do.

but i said sell and not buy read it well.

djwalata:

Educational purposes....
I'm not your teacher but I can never trade this as a bearish pin bar...
My reasons... The body of a PIN BAR shouldn't be more than one third of d entire candle itself. Kindly take a look at d other pin bar I circled, (did it failed to sell? NO....the body is never bigger than one third of d entire candle itself.
Also, the the candle u called a pin bar formed in an uptrend.
Check d candle very well b4 u consider it as a pin bar.

This is the thing with backtesting technical analysis

Below is a picture of the EU as it appeared at the close of 5th June daily candle. What is the dominant trend? How would you draw your SR and trendlines? So many questions, but I will exercise restraint!

alphaNomega:


This is the thing with backtesting technical analysis

Below is a picture of the EU as it appeared at the close of 5th June daily candle. What is the dominant trend? How would you draw your SR and trendlines? So many questions, but I will exercise restraint!

We r all here to learn. None knows it all..
I've extracted the June5 u r talking about in d chart above. the overall trend is bearish as u can c d big bearish channel drawn. as we all know that Forex can never b a one way traffic, there will b a little uptrend in d big down trend.
I bliv d chart I posted concerning d June5 is enough to explain all these questions. we had little uptrend in d overall bearish channel.
d black bar inside d first circle was June5
LOOK AT D EXTRACTED CHART I POSTED