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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (538637 Views)
Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 21 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts: Season 23 by klinksd: 11:58am On May 23, 2023 |
infofirst: ...you were right ooh....what an elder sees while sitting on the ground, the young ones go climb tree and still no see am.... ... we are coming boss. 🥂 1 Like 1 Share |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:00pm On May 23, 2023 |
klinksd: Gu drop jusr started.... No sign of bulls yet... Bears just broke a key levels... They should drop more |
Re: Forex Trade Alerts: Season 23 by klinksd: 12:08pm On May 23, 2023 |
Donsheddy: Na wa oooh... ...put your TP close nah, make I chop small buy, even if na pullback. You just dey short since morning...only you...there is God oooh 1 Like |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:11pm On May 23, 2023 |
klinksd: Better Join the Winning team oh 😂😂😂 1 Like |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:15pm On May 23, 2023 |
Donsheddy: GU will soon start buying . Current H4 candle is overextended to the downside. A mean reversion (correction to the buy side is expected). |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:17pm On May 23, 2023 |
@infofirst so sorry about your health condition. I will send you messages on WhatsApp when it is day time in your location. Pele |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:18pm On May 23, 2023 |
infofirst:Okay.., it will faze out pretty soon.. stay tight |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:20pm On May 23, 2023 |
meshpips: Today candle is definitely closing bearish... Buying wont be more than 30pips thats if they will buy |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:21pm On May 23, 2023 |
Donsheddy:Omo that GU na continous selling oo.. every retracment na chance to reload for sells again .. until 1.2305 before we can be watching out for reversals. |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:24pm On May 23, 2023 |
karkinase: You get it... |
Re: Forex Trade Alerts: Season 23 by sampz: 12:33pm On May 23, 2023 |
infofirst: speedy recovery boss |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:43pm On May 23, 2023 |
Donsheddy: It should be about 50 pips. Put any measure of dispersion indicator on your chart. You will see the clear over-extension to the sell side. A mean reversion is needed for a corrective wave before any other impulsive selling can be considered. 1 Like |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:53pm On May 23, 2023 |
meshpips:. This grammar is plenty sha... But with what im seeing now... Its suicidal to press buy... Cus bears just started there move... Any bull move now is just a pull back |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:54pm On May 23, 2023 |
meshpips:Nice 👍 one .. this is what we should be s discussing on this thread on a market week . 5 Likes |
Re: Forex Trade Alerts: Season 23 by charly20(m): 12:55pm On May 23, 2023 |
Selling GJ at 171.800 with stop loss at 172.400 may not be a bad call. Tp at 167.*** charly20: 1 Like |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:19pm On May 23, 2023 |
Donsheddy: Secondary school maths nor be waste of time. We were taught about : Measures of central tendency - mean (or average), median, mode etc Then Measures of dispersion: Range, variance etc Your ATR indicator measures dispersion. Use it on the H4 time frame, you will see that the current H4 candle has exceeded the Average value which the ATR gives. Use another indicator that measures dispersion - Bollinger bands which is basically standard deviation (set deviation to 2, period to 24 and shift to zero). We have 24 hours in a day (this is why I used 24 periods on H1 time frame). You will see that price has CLOSED below the lower band. Statistics has it that about 90 or 92% of the normal distribution reside with the envelope formed by 2 standard deviations above the 24 SMA (Middle band) and 2 standard deviations below the 24 SMA. Once and if price closes below the band, you can begin to look for reasons to buy and expect a reversion to the mean (average) price We have seen the close below the lower band. We have seen price fail to make a new low in the just completed hour (thus forming a degree one swing low) Bulls are around bro! |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 1:26pm On May 23, 2023 |
meshpips:Professor 🥸you are right thou .. there is lack of selling @ the moment because sellers want to sell at a premium level hence bulls will take advantage and move price back to the mean |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 1:33pm On May 23, 2023 |
karkinase: Small chart wey we dey manage boss Meshpips don. Carry plenty grammer full inside.... I never dey see bulls sha.... Gu wey just break 1.23900 Dude gas do atleast 50pips from there |
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:34pm On May 23, 2023 |
Buying UJ .... Yesterday's SL hit |
Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 1:34pm On May 23, 2023 |
Gu is bearish until further notice |
Re: Forex Trade Alerts: Season 23 by Petah(m): 1:37pm On May 23, 2023 |
peteregwu:Thank you for the bolded. I think I am getting there. I hope I get to learn from you a lot. 2 Likes |
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:43pm On May 23, 2023 |
Peterfx01:Don't think so bro ...All indicators point to a strong buy. |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:44pm On May 23, 2023 |
Peterfx01: I sincerely hope you put some real money behind this assertion? I will ask you to show us your GU sell in the near future. Let's only try to say things that we put our own money on because some younger traders might be trading based on these things we say. |
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:45pm On May 23, 2023 |
Hot tip for the 2pm candle stick stand point... You see GU? Just buy and hold till 6pm. Remember your SL. cheers |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:48pm On May 23, 2023 |
iichidodo: Bro, this might buy but maybe for just some pips. Kindly go back on your H4 chart and look for something that looks like an evening star (3 - candle pattern). It is not exactly an evening star because the bearish candle closed far lower than the open of the bullish one. That whole setup is very strong supply. Look within the micro-structure of that 3-candle pattern to find your sell entry. 1 Like |
Re: Forex Trade Alerts: Season 23 by iichidodo: 2:02pm On May 23, 2023 |
meshpips:Bought UJ at 138.67... And it's gone through the roof plus it is just 2pm...By my calculations, the bulls have it for now this evening. Hopefully this burst through 140? ..141?.. |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 2:06pm On May 23, 2023 |
iichidodo: Okay, I hear you. VAP shows 138.8X as resistance and 138.40 as supply for November 30, 2022 It went from being bullish on that day to closing bearish. History just might repeat itself. Fingers crossed! |
Re: Forex Trade Alerts: Season 23 by iichidodo: 2:12pm On May 23, 2023 |
meshpips:Scratch what we said before because we just closed our UJ buys...Now selling from a good vantage position infact better than yesterday's. Kudos... 1 Like |
Re: Forex Trade Alerts: Season 23 by LordXau: 2:18pm On May 23, 2023 |
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Re: Forex Trade Alerts: Season 23 by meshpips(m): 2:22pm On May 23, 2023 |
What is happening right now is a simple sentiment play (Henry Liu's style). The upcoming economic report at 14:45 hrs (local time) has created a concerted weakness in the USD. You can check Gold and all the majors, they are all showing a weakness in the USD. Some 5 -10 minutes before the news, I will exit all my positions. This is how to buy the rumour and sell the news! |
Re: Forex Trade Alerts: Season 23 by samfelly: 2:23pm On May 23, 2023 |
dottozil: Bro, hope you saw where I mentioned u, sir? |
Re: Forex Trade Alerts: Season 23 by samfelly: 2:30pm On May 23, 2023 |
Niceguy24: Did u see where I mentioned you, also? Na una I dey look dey waka. Abeg join if you never do so. Meat plenty for soup no mean say the soup go spoil |
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