Theyoungmaster:
Just took a sell on EU. entered off retracement at Asian high.
12pips SL, hunting for 52 pips.

let's see how it goes.

dmahn:
Good morning Fam. Last week was awesome with you guys, Im very glad to be part of this family. May this new week brings lots of profit for us.
CPI is coming tommorow, Lets trade safe guys

Currently watching the S&P, i found an inverted head and shoulder on H1, The neckline yet to be broken, Once the neckline is broken, i expect a retracement and im buying, Sl below the right shoulder.

NFA!!! DYOR

Good luck guys

dmahn:


Sorry cheif .. Visa Gold card I mean.. Debit and credit into same Card

klinksd:
From a review of last week's price action, the predominant trend of EURUSD in the Daily and H4 timeframes appear to be bearish.

A brief bullish pullback from the lower to the higher highlighted zone on the chart is expected to trigger the dip.

BUY LIMIT
En: 1.06495
SL: 1.06325
Tp: 1.07330

If the 1.07330 level is rejected {SL - 1.0749}, I will ride the dip to 1.06329.

However, if the level is accepted, I will continue with the pullback to 1.0796, before re-evaluating the next possible POI for the dip.

No trading plan is fail-proof. Trade responsibly at all times.

...may the blue pips continually be with us... 🥂

Theophinio:


Boss your stop loss is too tight

A very high chance to be stopped out on every trade

Theyoungmaster:


Price has finally dropped down to the demand zone(daily OB) as predicted. From tomorrow, I'll be looking closely at the reaction at that zone. Its evident that price quickly pulled away from that zone. As long as no daily candle closes below that zone, I'll be looking for buy trades only.

Theyoungmaster:


a big stop loss wouldn't have still sufficed. if i had my SL at 50pips, twill still be a lost trade. I feel the idea of setting SL is to protect your account and get you off a trade tat will go otherwise. If 10pips can do the job, why waste 50pips?

I'm even seeking to wait till a set up forms so nicely that i can enter with like 5pip stop loss. smaller stops helps psychologically.

Theophinio:


Nice explanation boss

But you know market fluctuates aggressively

Except you target smaller pip profit. Is good though

Example. I took cadchf trade today with 50 pip stop loss to target 100 pip profit . Could you believe it went 49 pip against me, just a pip remaining to stop me out.

But at last smashed my 100 pip take profit

meshpips:
USDJPY

Sell at the current price 132.56

TP is open

meshpips:


Set TP at 131.78

Happy trading everyone!

meshpips:
GBPNZD

Sell at current price 1.91727

TP is open

meshpips:


Set TP to 1.9136

meshpips:
USDJPY

Sell at the current price 132.56

TP is open

meshpips:

You mean CADCHF did 100 pips today?

The pair did less than 40 pips. Even on Friday, the range was not up to 100 pips.

Theophinio:


Boss

Check your chart yesterday so you see for yourself

It actually moved about 165 pip yesterday

Theophinio:


Boss

Check your chart yesterday so you see for yourself

It actually moved about 165 pip yesterday

kendoschurrle:


You never learn how to count pips but you dey dish out advice

Nothing wey fibonacci no go see for bollinger band

Theophinio:


Nice explanation boss

But you know market fluctuates aggressively

Except you target smaller pip profit. Is good though

Example. I took cadchf trade today with 50 pip stop loss to target 100 pip profit . Could you believe it went 49 pip against me, just a pip remaining to stop me out.

But at last smashed my 100 pip take profit

dmahn:
Which pair has done you soo bad that you've removed it from your watchlist forever . Even if you see 100% setup on the pair, you no go trade am. Also which Pair has always beign very loyal to you

As for me ehn...Anytime i see GBPAUD , i dey pick race , dey no born me well make i near am again in my life. I lost $40 on a single trade in a day with 0.01 lots size .

CHFJPY has remained very loyal to me. Always giving good profits

Add yours

MONEY247:
CPI is a no no for me....
Some people will blow their account today....
You know CPI doesn't respect stop loss....

If you want to trade CPI....
Fund a separate account and trade...