Neroiam:
USDJPY, H1 (Technical analysis)

Looking at the above chart, we can clearly see that the market has ranged or consolidated within the 107.343 and 106.646 before making a breakout.

It is also important to note that the reversal following the breakout, didn't leave any concrete evidence(candlestick) symbolizing change of trend(downtrend as it's below 200MA). Hence the downtrend is likely to continue.

The 20MA(purple) & 50MA(red) conforms with the 38.2 and 61.8 fib levels respectively showing probable points of retest to continue in the downtrend; with 61.8 having about 70% of this probability owing to the 106.646 resistance line.

Going long for 50pips at current price wouldn't be a bad idea. However, a sell limit at 106.646 would see us to a targeted 200pips.

NOTE: There are about 10 other criteria(checklist) considered in analysing this pair which weren't is shown in the chart or comment.

Stay woke ���

Kudos bro, love that analysis this type of thing I love seeing

Bornfool:


Kudos bro, love that analysis this type of thing I love seeing

Exactly.

Gold is going up as planned. I have a fair idea where she is going to and how she would react at the 1910 price next, but I'm more interested in how I can find the next setup for we to get about 10,000pips no kidding.
We should see a move of about 500pips correction but I'm not interested in that. Looking for a massive buy opportunity.
I'm about 5000pips up on the last time I I adviced us to buy Gold for the long run. For silver if you bought those bars at the time I adviced, your SAFE investment would have doubled by now. I ask again, what form of physical investment does that in about 4months? I took the trades as adviced and would hold till Gold gets to 3000. I'd close the first buy at 2000 InShaAllah.
A profitable week to us.

saxy4c:

The Gold market doesn’t move because of more bulls or more bears it moves according to numbers that need to be achieved, I think that's closer to what ALgo traders do. It’s like a bus that needs to travel from A to B and doesn’t care how many people will get off the bus or get into the bus,it just keeps moving until it accomplishes that its route. to follow.
Still confusing stuff for me but that's how I see it.

Oya let me not stop at grammar and show you something that is most likely to happen [I'm always disappointed when I cast her secrets sha ]. She will hit 1910 then retrace for like 20 to 40pips. Then the next thing she does after, I'd know If 1920 is coming or she's going down. That's if she doesn't touch 1891 again today.

Gold has hit the 1910 level and retraced for up to 40pips. This is my next plan
. I won't be trading the Asian. I'm now interested in the 1906 level. If it breaks this level down and crosses 1898, its going for 1885 and break of that is 1850 before I attack another. Let's watch these levels on the charts.

In summary of what I see for the week. GBPUSD and EURUSD are bullish GBPJPY as well but I'm prepared for a sell on this one if the market forces go there.
A great week to us.

Hi guys, please I want to open a micro account on hotforex.
What leverage should I select?

Please let's close the USDCAD buy and sell 3420 SL 3450 TP 3330

saxy4c:
Buying USDCAD to 3560, selling there to 3000 at least.

Use the highest leverage available.

Macabs:
Hi guys, please I want to open a micro account on hotforex.
What leverage should I select?

Usdcad up 30pips

saxy4c:
Please let's close the USDCAD buy and sell 3420 SL 3450 TP 3330

Buying Gold 1914 SL 1911 TP 1925

She is about to make a new all time high and I'm pretty excited to be part of history

65pips up. Gold has made an all time high, some mighty stops are about to be taken or a very painful reversal is about to occur.
Please, stops at entry and I need a 4H power nap.
Love you all.

saxy4c:
Usdcad up 30pips


Buying Gold 1914 SL 1911 TP 1925

She is about to make a new all time high and I'm pretty excited to be part of history

saxy4c:
Usdcad up 30pips


Buying Gold 1914 SL 1911 TP 1925

She is about to make a new all time high and I'm pretty excited to be part of history

Pls I want know, abeg, ejowo, boko, where is that thing actually going? I want to ride it forever. I just entered now, including silver.

I never knew this thread existed o ,its actually good to be here

@saxy4c, can you direct me to where you taught how to trade gold on this thread? ( the link) ,and I see you are doing a good job sir


But I read like 6 pages or so and nobody is talking about NASDAQ, is it like you guys don't trade it?

EurAud Daily timeframe. Could this be a double bottom reversal pattern?

AudJpy Daily tf. Looks bullish. I'll be buying if I can get a candle stick confirmation at O mark

Gold Trade

Buystop at 1940
Stoploss at 1935
Target 1960

Aslm,
Big people in the house, I want someone to help me with $10 to deposit in my non deposit trading account woth InstaForex so that they will not convert it to demo account.

They stated that after7 days without depositing they will convert it demo, all effort to get even $10 to deposit has been fail and I make reasonable profit within the time frame.

Here under is the screenshot of their mail and my live trading account.

I'm buying GBPJPY 135.35 SL 132.95 TP 138.

saxy4c:
Gold has hit the 1910 level and retraced for up to 40pips. This is my next plan
. I won't be trading the Asian. I'm now interested in the 1906 level. If it breaks this level down and crosses 1898, its going for 1885 and break of that is 1850 before I attack another. Let's watch these levels on the charts.

In summary of what I see for the week. GBPUSD and EURUSD are bullish GBPJPY as well but I'm prepared for a sell on this one if the market forces go there.
A great week to us.

Join the telegram handle on his signature
I hope this help

Effulgent:
I never knew this thread existed o ,its actually good to be here

@saxy4c, can you direct me to where you taught how to trade gold on this thread? ( the link) ,and I see you are doing a good job sir


But I read like 6 pages or so and nobody is talking about NASDAQ, is it like you guys don't trade it?

herdeyhoh:
Join the telegram handle on his signature I hope this help

Thanks boss

peteregwu:


Pls I want know, abeg, ejowo, boko, where is that thing actually going? I want to ride it forever. I just entered now, including silver.

I've been sending you PM but you aren't replying
pls WhatsApp me 090_ 2588_ 4684

If you have a live account of $3000 or more and you need an experienced trader to handle it for you with guaranteed profit, please contact me on zeroeightonedoublenineonedoubleninedoublesix

I'm going to buy Gold at 1934/5 SL 1931 TP 1955

saxy4c:
Gold is going up as planned. I have a fair idea where she is going to and how she would react at the 1910 price next, but I'm more interested in how I can find the next setup for we to get about 10,000pips no kidding.
We should see a move of about 500pips correction but I'm not interested in that. Looking for a massive buy opportunity.
I'm about 5000pips up on the last time I I adviced us to buy Gold for the long run. For silver if you bought those bars at the time I adviced, your SAFE investment would have doubled by now. I ask again, what form of physical investment does that in about 4months? I took the trades as adviced and would hold till Gold gets to 3000. I'd close the first buy at 2000 InShaAllah.
A profitable week to us.

This your gold investment burst my brainooo, you don become billionaire now

I'm adding a buy Gold 1932 SL for both is 1930. If it hits, we would get a l great entry soon.

My plan. I do want 1922 for a long term buy. This entry is to try to take out the last high for any possible short term retracement. I'd be moving to BE once in 40pips profits.

saxy4c:
I'm going to buy Gold at 1934/5 SL 1931 TP 1955

Both trades up 180pips, if price closes back below 1938, I'm placing buy limits at 1938 and 1936. And No I'm not mad

saxy4c:
I'm adding a buy Gold 1932 SL for both is 1930. If it hits, we would get a l great entry soon.

My plan. I do want 1922 for a long term buy. This entry is to try to take out the last high for any possible short term retracement. I'd be moving to BE once in 40pips profits.

All trades up 350pips, you can TP here at 1945 or hold 1954. But if she goes back to 1942, please close in appreciable profits.
I'm closing now, its monday, I no wan hear 2secs all profits loss. We would catch the next move again InShaAllah

I'm buying gbpnzd 9250 SL 30pips TP 80pips

saxy4c:
Both trades up 180pips, if price closes back below 1938, I'm placing buy limits at 1938 and 1936. And No I'm not mad

Let's risk 40pips of the first win
Selling Gold 1943 SL 1947 TP 1923

Lol abeg just for fun, it seem the USD currency is damn weak fundamentally. Abeg make person make money this week o

EU approaching 61,8 fib of 636 and 2554 at 1820., Buyers, you know what to do.

Mrbillionaire:
EU approaching 61,8 fib of 636 and 2554 at 1820., Buyers, you know what to do.

can u show us the chart bro

70pips up. Let us close this Gold sell. I now call it a good day

saxy4c:
Let's risk 40pips of the first win
Selling Gold 1943 SL 1947 TP 1923

hidhrhis:

can u show us the chart bro

I didn't use chart, I just calculated it.

Bro na you dey find trouble now with the name calling oh . It's actually pretty easy to do. Have an account where you do your normal intraday buy here, sell there like I only know how to do, then have segregated accounts where you trade only commodity and indices.
That way you only go on the account to add trades in between and close them to grow your equity while the initial entry is still running to a long term target.
But most importantly, you're not looking at the account daily and tempted to close. Started this silver spot account as at when I bought silver bars also.
Bought 50ounces of Silver then, now the equity amount is 500ounces in a few short months. And I'd leave it to run till Silver is $170 per ounce from my calculations.
Well I'm here, we would do It together this time.

Bornfool:


This your gold investment burst my brainooo, you don become billionaire now

Buying spot Gold for the top of the Channel is not bad from here. 40pips SL.