abham:
Hi good evening. I’ve been observing it for a while and I was expecting the SL at the top to be taken for a reversal down. Your analysis is same as mine but I’ll be excited to see how it plays out tomorrow.


At the moment, Nasdaq is the strongest of the three indices and divergence is a powerful confluence in trading indices.

Modified: In your previous chart markup, what is the difference between
1) BOS and ChoC and
2) When do they apply
3) What parameters do you look out for in their application.

I think I might have asked this before but just refresh my memory, thanks.

charly20:


BOS = Break of structure.
CHOCH= Change of character.

Change of character is transition from bullish market to bearish market and vice versa.

Break of structure is violation of already established lows or highs in that market (bullish or bearish).

Change of character indicates start of a new trend (bearish or bullish) and BOS indicates trend continuation.

pickatyouu:
Eurusd setting for a sell.
Waiting for the last confirmation to get in.

Will keep u guys updated


Set up has changed, think I will be going for a buy position now

Fxmansaix:
analysts gain pride in being right. TRADERS gain pride in character and psychology. But the desires to being right doesnt make money overtime. psychology and character does

nzechu:
pls highlight the importance of character in trading. psychology I understand but character I don't, thank you

pickatyouu:


I am in a buy position at the moment


Modified

Trade so far. Hoping to get out on a 1:1 RR.

Fxmansaix:
Your character As a trader basically is your discipline ,work ethic(e.g journaling your trades every Single time and screenshoting them before and after) and “rigidity to your rules”. Psychology is right mindset,emotions control and flexibility to market expectations(seeing the markets truth everytime and not your truth).

nzechu:
nice one. that discipline is very important following set rules. I find it difficult forgoing a trade that has left entry point. and most times the trade ends up knacking me akpako, before making tp

boom99:
Eurgbp about selling

Arijude:
in soup

TheYoda:
Fantastic posting, you posted it when you entered the trade. That goes with the name of this thread, " forex trade alert"
Kudos brothers, doesn't matter if price hit TP or SL.

Thank you both for your post sir.

Elliotwaveforec:
People, know that some brokers manipulate prices, e.g FBS and Liteforex.

Gold lows today according to metaquotes, Instaforex and ICmarkets didn't break the support; but the two brokers' charts show the support was broken.

Traders, take note; stop hunt is real and it's done by your brokers

nzechu:


its a general thing for brokers especially on gold. and its very bad. funny enough i checked silver that's doing same thing with gold, there was no touching of that support

1. octafx, 2. hotforex,and 7bforex. compare and contrast

Elliotwaveforec:
People, know that some brokers manipulate prices, e.g FBS and Liteforex.

Gold lows today according to metaquotes, Instaforex and ICmarkets didn't break the support; but the two brokers' charts show the support was broken.

Traders, take note; stop hunt is real and it's done by your brokers

docus:
For those asking for BTC signal, we are in another bear ride(take note of the flag)

Feshizzy:


Welcome to FTA (talk and do) contest, S01 E02

I'm opening the competition now, because i don't know howy Friday my look like.

I strongly advise everyone not to open their FTMO account yet else you won't be able to meet up the 10 minimum days.

The reason i have opened competition now is so that anyone having issues with fxblue sending invitations can resolve it before Sunday.

So for now register on fxblue (if you don't already have)
Link it with the contest and wait till Sunday before opening your FTMO trial.

Feel free to read and understand the rules if you care to join.

Prize Win for this challenge is MFF 10K challenge,
If we have a draw, it would be 5K for 2 winners.

Competition Rules:
1. Must register fxblue username with exact same FTA moniker/username
2. Open FTMO trial (NORMAL) mt4
3. No rules on lot sizes, positions or pairs
4. 10 minimum trading days
5. Must meet minimum 10% profit target after end of contest
6. Daily Drawdown 3%, Overall Drawdown 6%
7. Participants might chose to hide their open trades, but all closed trades must be visible to the public.
8. Ftmo metrix and credentials would be given to organisers
9. Close all trades before 10pm on second week Friday

After winning the competition.
Prize winner rules:
1. Must pass evaluation challenge phase 1 and 2
2. No trading days rules, but drawdown rules still apply.
3. To prevent rushing to pass challenge, prize would only be available after 30 days of first trade.
4. After challenge passed, winner would be given the full amount value of the challenge passed.


Post Winner prize:
1. Winner would be in a special group.
2. Winner would be given more accounts(possibly upgrade) when available to pass challenge.
3. Winner doesn't need to be in further contest to get more accounts so long they passed previous accounts
4. If winner fails to pass account, they would be removed from group and would need to win contest to get account.


Winners holds no liability to account loss, as well as organisers reserves all rights.

https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1678&rx=1657013851797

Competition starts at Sunday 7pm local time to enable all accounts sync before 10pm.

Feshizzy:
Good Day Wonderful Trader,
Here's a reminder

Elliotwaveforec:

That's about 900 dollars. If your account hasn't been obliterated yet, kindly close the position and use 0.1 as lot size for gold. Price needs to go against you by 90 dollars (900 pips) for your account to be wiped out, which is even risky.

Gold is still a buy but close the position and use 0.1; slow but steady, don't be a gambler.

DannyFX2638:
what's the reminder for ?? Thought you said it's 17 July ??..

Just want to be sure that it's not this Sunday

Feshizzy:


Thank you for bringing this to my notice,
It's actually 10th of July and not 17th
I have made the necessary corrections

It's basically this Sunday, which is tomorrow