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Forex Trade Alerts: Season 22 - Business (333) - Nairaland

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Re: Forex Trade Alerts: Season 22 by charly20(m): 7:39am On Jul 08, 2022
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.
wink

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.


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.

8 Likes

Re: Forex Trade Alerts: Season 22 by KAM3KAZI: 9:07am On Jul 08, 2022
USDCAD looks like a good sell to me right now

1 Like

Re: Forex Trade Alerts: Season 22 by abham: 9:39am On Jul 08, 2022
Ok, I’ll keep this in mind.

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.

1 Like

Re: Forex Trade Alerts: Season 22 by pickatyouu: 11:11am On Jul 08, 2022
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

1 Like

Re: Forex Trade Alerts: Season 22 by Nobody: 11:15am On Jul 08, 2022
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

8 Likes

Re: Forex Trade Alerts: Season 22 by pickatyouu: 11:55am On Jul 08, 2022
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

I am in a buy position at the moment


Modified

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

Re: Forex Trade Alerts: Season 22 by nzechu(m): 12:11pm On Jul 08, 2022
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
pls highlight the importance of character in trading. psychology I understand but character I don't, thank you
Re: Forex Trade Alerts: Season 22 by Nobody: 12:36pm On Jul 08, 2022
nzechu:
pls highlight the importance of character in trading. psychology I understand but character I don't, thank you
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).

3 Likes

Re: Forex Trade Alerts: Season 22 by Arijude(m): 1:54pm On Jul 08, 2022
Us job report grin grin grin
Re: Forex Trade Alerts: Season 22 by Arijude(m): 1:54pm On Jul 08, 2022
pickatyouu:


I am in a buy position at the moment


Modified

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

1 Like

Re: Forex Trade Alerts: Season 22 by Donsheddy: 2:08pm On Jul 08, 2022
Let's go there....
I say make I drop signal today

Village people...
S.l. straight ��

2 Likes

Re: Forex Trade Alerts: Season 22 by nzechu(m): 2:11pm On Jul 08, 2022
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).
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

3 Likes

Re: Forex Trade Alerts: Season 22 by Donsheddy: 2:12pm On Jul 08, 2022
Trade idea...
Used 0.01 lots on this One...
Just testing and practicing...
Newyork trade....
Re: Forex Trade Alerts: Season 22 by boom99(m): 2:49pm On Jul 08, 2022
Eurgbp about selling
Re: Forex Trade Alerts: Season 22 by Nobody: 2:53pm On Jul 08, 2022
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
lool that tells you that your nervousness doesnt cause nothing to the chart but lots of havoc to you and your improvements, and in the long run prevent you from wielding and manifesting some exceptional trade management "prowess"
Re: Forex Trade Alerts: Season 22 by boom99(m): 2:56pm On Jul 08, 2022
boom99:
Eurgbp about selling

It did well
Re: Forex Trade Alerts: Season 22 by pickatyouu: 4:10pm On Jul 08, 2022
Arijude:
in soup


I have close my position with a good profit
Re: Forex Trade Alerts: Season 22 by zonall(m): 4:29pm On Jul 08, 2022
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.

Thank you too boss...cheers.
Re: Forex Trade Alerts: Season 22 by Random75: 4:54pm On Jul 08, 2022
Hello Traders.

2 Likes

Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 6:32pm On Jul 08, 2022
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

6 Likes

Re: Forex Trade Alerts: Season 22 by nzechu(m): 6:52pm On Jul 08, 2022
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

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

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

1 Like

Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 7:05pm On Jul 08, 2022
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
Very bad, I'm changing my broker right away to ICmarkets or instaforex.

My wave counts would be done with metaquotes demo chart henceforth.

3 Likes

Re: Forex Trade Alerts: Season 22 by docus: 7:11pm On Jul 08, 2022
For those asking for BTC signal, we are in another bear ride(take note of the flag)

1 Like

Re: Forex Trade Alerts: Season 22 by pickatyouu: 7:25pm On Jul 08, 2022
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

FBS spread is very volatile and very high.

1 Like

Re: Forex Trade Alerts: Season 22 by bukas15(m): 7:56pm On Jul 08, 2022
Pls house is it advisable to trade with itrade up sbt robot ??

Pls how reliable is the bot
Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 8:11pm On Jul 08, 2022
quote author=Elliotwaveforec post=114395140]
4th wave is expected to cap below the red line; corrective move for now. Bullish![/quote]



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


Yea! Approaching the red line

1 Like

Re: Forex Trade Alerts: Season 22 by Fxwarrior: 6:20am On Jul 09, 2022
I am still bearish biased in gold. There was a price rejection at 1765
with a break of monthly support at 175x

We might see price at 16xx by next week.

Let's keep our fingers crossed and watch how next week pans out. Endeavour to make your own research too

4 Likes

Re: Forex Trade Alerts: Season 22 by Feshizzy(m): 9:56am On Jul 09, 2022
Good Day Wonderful Trader,
Here's a reminder

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.
Re: Forex Trade Alerts: Season 22 by DannyFX2638: 10:15am On Jul 09, 2022
Feshizzy:
Good Day Wonderful Trader,
Here's a reminder

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

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

3 Likes 1 Share

Re: Forex Trade Alerts: Season 22 by zedegit: 10:41am On Jul 09, 2022
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.

Oga you have finished me. Kai I am still trying to gather myself.

My body is shaking. Forest has finished me. Eba mi o.
Re: Forex Trade Alerts: Season 22 by Feshizzy(m): 10:51am On Jul 09, 2022
DannyFX2638:
what's the reminder for ?? Thought you said it's 17 July ??..

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

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
Re: Forex Trade Alerts: Season 22 by exmaysn12000: 11:11am On Jul 09, 2022
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

Would like to join, but still unclear about the stage after passing the competition, where u need to pass challenge phase 1 and 2 before price is awarded.

Will the winner buy the challenge him/herself, then u/host refund/award price later on if trader is successful?

2 Likes

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