Donsheddy:


Because of cpi ive moved my s.l to below yesterday low...

Stoploss now at 1.25720

Reducing my rrr to 1:2

meshpips:
USDJPY

Distribution has been taking place since the past two days. Marked by the rectangle.

The upper horizontal line is the H1 resistance.

Also a fake out to trap buyers.

The real move ought to be sell side.

And so it came to pass . Nice one, chief

realone12:
you get mind dey sell USD for this CPI? bros don't do that.

Elliotwaveforec:
Short USCHF 8901 SL 9000 TP 8630

Elliotwaveforec:
Silver wave analysis for swing traders only.

TF: 4 hours
Currently on the fifth wave after the fourth wave bottomed at 2449.

Long 2565 SL 2447 TP 2820.

Elliotwaveforec:
Long US30 33640 SL 33420 TP 34000.

SL adjusted

klinksd:


1.0982 is the most optimal level for TP in this trade, as such, I have reviewed my TP.

There is a strong probability that a dip to 1.0845 may commence from around that level; that may be the CPI action today.

Cheers. 🥂

Donsheddy:
Another day for emotional wahala...
Gu no wan show me love this week

All yesterdays trade was stoploss upon stoploss..

I don pitch my tent with bulls today....

At 1.26190
Stops 1.25962
Tp 1.27050


Rrrr 1:3.6

Donsheddy:


Because of cpi ive moved my s.l to below yesterday low...

Stoploss now at 1.25720

Reducing my rrr to 1:2

Wisdom is profitable nah

CeeJeckydivah:
@humbletrader i made $400 (250k) today trading news how much did you make?

#GirlsTradeTooooo . Nice profit. But, leave my humble brother, biko

By the way, is this account attached to a trade explorer? I wan check something

CeeJeckydivah:
Dey play, just dey play, drop the trade explorer make we see

Adeleke2023:
I finally get my first prop account challenge with myfundedfx.. Swap free account... Wish me luck bosses in the house.. And I'll be glad to receive any advice from you guys.. Tnx

CeeJeckydivah:
@humbletrader i made $400 (250k) today trading news how much did you make?

samfelly:


Wisdom is profitable nah

Donsheddy:


TRADE CLOSED WITH 60 PIPS PROFIT....
ALL THE LOSSES MADE THIS WEEK RECOVERED WITH A LITTLE PROFIT ONTOP


NO REASON AM RISK MANAGEMENT IS BAE

rhynoemmie:


Congratulations on the account but what’s a swap free account?

rhynoemmie:


Congratulations on the account but what’s a swap free account?

HumbleTrader:
If I had use your lost size I definitely would have made more, anyway congrats.

Correct, the humble one . Correct 👍👍👍

meshpips:
Earlier today, I gave my recommendation concerning USDJPY.

The first trade hit SL and I updated us. I also state that I re-entered the trade.

Took 80 pips profit on the first leg down but there's more . . .

Niceguy24:
Good evening boss
Could you explain your analysis on usdjpy?
I mean why you sold
I was in a buy since yesterday because i felt it had broken my supply zone and had retested it multiple times forming a triple bottom
I am still new to trading though...
Pls explain
Thanks

Elliotwaveforec:

TP moved to 645

meshpips:


The past two days showed clear DISTRIBUTION as price maintained a tight range doing just 62 and 65 pips on Monday and Tuesday respectively. The usual ADR for UJ is 158 pips.

This morning, we have a fake out to the up side maybe trapping buyers or kicking out weak sellers.

After the fake out, I saw three m30 bars that did over 90% of the usual average hourly volume. All the candles had bearish bodies, the high volume shows institutional participation.

Then came the news and we saw the mark down which also doubled as the breakout from the range box. That's when I took the 80 pips profit.

If we had a breakout (more correctly put BREAK-DOWN) from a range box, we ought to expect a retest of the broken support which should become a turncoat resistance.

This gave me the opportunity to enter fresh sell trades as shown below.

Elliotwaveforec:

Secure your profit now 33753

rhynoemmie:


Congratulations on the account but what’s a swap free account?

Adeleke2023:
one example of standard raw spread account... Only three days holding and $130 profit is turning into $30... But with swap free... It should be around $128...hope you get it now

EmmanuelVi:

Ehm trader, biko check again, raw spread accounts don't matter to swap fees or commissions oo, all that matters is whether the account is swap free or not; whether it's an ECN or direct spread, don't matter.