meshpips:


Kindly note the bolded "daily" . . .
Yesterday's candle closed as a dragon fly doji with a bullish body. Don't you think the chance for a reversal to the upside is high?

Hi everyone,

yesterday, I made an observation about EURJPY (D1 chart) as quoted above. For candles with a small body: wick ratio, the candle wick shows where the buying/selling pressure is.

We observed a lower wick on EURJPY which is indicative of buying pressure.

EURJPY needs to "mirror" either the movement of EURUSD or USDJPY.

I am seeing buyers creeping in on USDJPY.

This might be the propellant required for EURJPY to rise.

Chai una dey try o,
How are guys able to cope in this range market?

redsox11:
Good entry you've got there mate.




Best use what you're comfortable with. S&R is good, even supply and demand. I usually like confluence of different things, I don't even think about it, when I look at my charts, they just jumped at me. I'll talk more about area of interest sometime soon.

Okay thanks a lot boss.

VeeVeeMyLuv:
Chai una dey try o,
How are guys able to cope in this range market?

This "range" market has returned decent % profit this week.

$30 daily will give you about N10,500

Do that for 20 trading days and you have over N200,000.

Gather in bits and soon enough, it will become large.

GU LONG modified @ 1.3138

SL 1.3100

teemy:
GU LONG

SL 1.3100

You might not see that level bro.

Price reversed at the previously broken resistance at 1.3119

EA LONG@ 1.5150

SL 1.5100

GCAD LONG @ 1.6653

SL 1.6600

meshpips:


You might not see that level bro.

Price reversed at the previously broken resistance at 1.3119

My analysis says the USD and CAD are weak at a time GCAD is on a buy reentry

I would go with anything long GBP at the moment not to talk about the news coming up soon

However, I have a GCHF short in place that I feel only confident of entering after the news

NCAD Long @ 0.8788

SL 0.8730

AJ Short @ 0.8708

SL 0.8754

NJ Short @ 0.7868

SL 0.7910

GCAD TP 1.6710 ignore

Close EA @ 1.5175

Close GU@ 1.3157

EN Buy @ 1.6776

SL 1.5720

teemy:
EN Buy @ 1.6776

SL 1.5720

I appreciate your signal drops but i honestly don't think this is helpful to anyone here... how about you post some analysis and reasons as to why you're delving into a trade so we carry ourselves along.
Cheers

BigJakie:


I appreciate your signal drops but i honestly don't think this is helpful to anyone here... how about you post some analysis and reasons as to why you're delving into a trade so we carry ourselves along.
Cheers

You are on point. And the very large SL is also disturbing too.

VeeVeeMyLuv:
Chai una dey try o,
How are guys able to cope in this range market?

Here's one more withdrawal to wrap up this week's trading.

Knowledge is that which dispels fear.

Knowledge is what the trader needs.

Have a lovely weekend everyone.

meshpips:


Here's one more withdrawal to wrap up this week's trading.

Knowledge is that which dispels fear.

Knowledge is what the trader needs.

Have a lovely weekend everyone.

Hw do you know the right time to close ur trades bro, or perhaps hw do u set ur Tp. #Thanks.

BigJakie:


I appreciate your signal drops but i honestly don't think this is helpful to anyone here... how about you post some analysis and reasons as to why you're delving into a trade so we carry ourselves along.
Cheers

Who never can tell, some maybe taking his signals, as ure not sure of everybody's move after the signal is being posted. You can actually plead with him to share his analysis without the preceeding sentence.

BigJakie:


I appreciate your signal drops but i honestly don't think this is helpful to anyone here... how about you post some analysis and reasons as to why you're delving into a trade so we carry ourselves along.
Cheers

It is only for those who want confirmation of their trades. I am not as generous like some nice folks here that share their systems as I believe in the 'law of diminishing returns'. Just my style.

FX:
You are on point. And the very large SL is also disturbing too.

Incorporating adequate money management into your system, a 50 pips SL allowing price to 'breathe'would not move you if you already know the %age risk that would mean to your account. Download the volume allocator spreadsheet below my signature. I have updated it from the last one. Take note to change the exchange rate depending on what currency your account is domiciled in.

CLose GCAD @ 1.6700

UJ Long @ 113.42

SL 113.00

TP 113.64

Bolutumiii:

Hw do you know the right time to close ur trades bro, or perhaps hw do u set ur Tp. #Thanks.

I exit my trade when I am happy with the profit.

The plan presently is to make money EVERYDAY. Anything between $30 - $60 is okay. The profit might be from a single trade or multiple trades.

The GBPUSD buy is still open, hopefully, we will see 1.3242 or higher before Wednesday next week but if hand "scratch" me, I will "jejely" close the trade.

Waiting to short GCHF, GJ also

UCAD Long @ 1.2678

SL 1.2630

TP 1.2720

Close Aj @ 86.88

I have exited the GBPUSD buy trade for about 78 pips profit.

Price might still rise to 1.3242 - 1.3292 region but I am happy with my profit.

Enjoy the rest of the trading day everyone.

GCAD Short @ 1.6755

SL 1.6805

GCHF Short @ 1.3130

SL 1.3180

GJ Short @ 149.60

SL 150.10