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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (357293 Views)
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Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 9:18pm On May 18, 2019 |
GBPCHF. Bearish bias. There may be an opportunity to go short. If price retraces back to test the trendline, and there is a bearish price action. It may be a good place to sell. Why won't I be surprised if price retraces to test the trendline. For those of us just learning. The moving average helps. Look at the relationship between the price and the moving average. 1 Like
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Re: Forex Trade Alerts: Season 19 by collitexnaira(m): 10:21am On May 19, 2019 |
PJAMES1: I couldn't agree more with you bro. GBP pairs are so radical. They have been my undoing, owning to the fact that i use tight stops when trading swings. I have severally contemplated on removing them from my pairs but due to the fact they generate more pips when traded right made me to keep few of them. 2 Likes |
Re: Forex Trade Alerts: Season 19 by Bolutumiii(m): 1:42pm On May 19, 2019 |
My Setup For This Week. Looking Forward to a Bullish Move on This Pair CHFJPY 1 Like
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Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 2:53pm On May 19, 2019 |
collitexnaira: Exactly!! Very radical pairs. Can frustrate. |
Re: Forex Trade Alerts: Season 19 by coolvibes: 11:41pm On May 19, 2019 |
Buying Gold. Mean reversion trade. #Demo Account
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 8:46am On May 20, 2019 |
Quick sell on USoil. @currentprice, notice that there was demand between the levels I mentioned on Friday? USoil would soon get to a point from which one can sell it properly and hold for about 500 pips but this is not the level. I'm just taking this trade intra day. 1 Like
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 8:58am On May 20, 2019 |
meshpips: I didn't get the gap size required as at market open but I held on to the buy positions. The volume adjusted price was somewhere around 1.2778 before market closed on Friday. I expect a correction to that price before sellers can attempt to party again. 1 Like
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Re: Forex Trade Alerts: Season 19 by Bolutumiii(m): 9:18am On May 20, 2019 |
Bolutumiii:Buy trade triggered. Let's see what happens |
Re: Forex Trade Alerts: Season 19 by currentprice: 9:32am On May 20, 2019 |
meshpips: as I stated on Friday oyel was at a BUY levels unless it move below those levels. I risk Sell on Friday because of the suspicious north movement on THURSDAY I thought was MM trick to leave me behind. Thank God the risk pay off as I was able to recover Thursday lose with interest. Now for me i will be looking for an opportunity to BUY at either of those levels. i will only go back to sell when price move down to the BEARS territory i.e below the green level Dont know when i am gona get my trade this week. patience is the Key i am not gona rush 1 Like
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Re: Forex Trade Alerts: Season 19 by redsox11: 10:14am On May 20, 2019 |
Set short pending order on 50% fib on the just closed hourly bar. To expire in 40mins. Set on GJ and AU , AU looks better than GJ. |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 11:10am On May 20, 2019 |
meshpips: 66 pips done on the sell. 1 Like
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 11:12am On May 20, 2019 |
currentprice: Okay, nice! |
Re: Forex Trade Alerts: Season 19 by redsox11: 11:46am On May 20, 2019 |
redsox11: Called the trade when the Fibonacci was set. AU pending expired. GJ picked up. New low was in place , so SL went to BE. It's trend trading, so got to be left to run, until NY close or BE triggered. Forex made easy, I should set up a trading classes hehehe . 1 Like
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 12:24pm On May 20, 2019 |
USDJPY
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Re: Forex Trade Alerts: Season 19 by coolvibes: 12:37pm On May 20, 2019 |
coolvibes: My Lessons from this trade: 1. always use at least a medium sized stop loss for gold, oil etc 2. be patient for the most optimal price action entry I broke Those rules cause I thought price was gonna leave without making a retest of support 2 Likes |
Re: Forex Trade Alerts: Season 19 by currentprice: 3:44pm On May 20, 2019 |
missed it at d first level. no shaking, I will be patient for my own turn. 2 Likes
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Re: Forex Trade Alerts: Season 19 by currentprice: 4:30pm On May 20, 2019 |
not seeing real buying yet . I think it will still fall below the 2nd level before real buyer set in if any. let see how Mr market play his game |
Re: Forex Trade Alerts: Season 19 by currentprice: 4:44pm On May 20, 2019 |
look tempting to play fast on mr mkt toward the SELL side for now if u must follow do this, pls firs understand d risk involve o. SL as saviour |
Re: Forex Trade Alerts: Season 19 by currentprice: 4:56pm On May 20, 2019 |
eyeing to take a SELL risk below the while levels with 100 pips SL but planning to jump out at the SL should the price continue upward 1 Like
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Re: Forex Trade Alerts: Season 19 by currentprice: 5:00pm On May 20, 2019 |
trade taken 1 Like
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 5:17pm On May 20, 2019 |
currentprice: I have the same trade. Mine was a sell stop. 62.76 - 62.978 might have demand. I will watch closely or just cover the shorts anywhere there. 2 Likes |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:26pm On May 20, 2019 |
currentprice: I am on the waiting to see 64.50 to sell if it gets there. I took a buy at 63.15 earlier but closed at BE now. |
Re: Forex Trade Alerts: Season 19 by currentprice: 6:30pm On May 20, 2019 |
2 Likes
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Re: Forex Trade Alerts: Season 19 by Ghostfx: 8:37pm On May 20, 2019 |
blessed new week to all. For me i am taking gbp/cad short with tp at 1.6780 and long oil on a daily close today above 63.50 with tp at 65.83 1 Like |
Re: Forex Trade Alerts: Season 19 by redsox11: 8:46pm On May 20, 2019 |
Closed
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Re: Forex Trade Alerts: Season 19 by redsox11: 8:05am On May 21, 2019 |
Short pending order @ 50% FIB of just closed hourly bar on GN and GA. Expire in 45-50mins. |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 9:59am On May 21, 2019 |
infofirst: Giving gu buy a go again. 1.2689-----1.3250. |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 10:07am On May 21, 2019 |
infofirst: Good entry. I also got in a small position. I might add after I see a bullish H1 close. 1 Like
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Re: Forex Trade Alerts: Season 19 by redsox11: 10:55am On May 21, 2019 |
redsox11:Expired, no bite. 2 Likes
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Re: Forex Trade Alerts: Season 19 by currentprice: 12:45pm On May 21, 2019 |
currentprice: despite the trade first move toward my side. I still chop cane on the trade it move up and go against my trade. I have to close in negative, i can't hold longer cos of the risk involves i.e price have stay clear above all SELL level. looking at it very well price doesn't move up as it suppose for Bullish confirmation, meaning MM are playing one kind game we don't understand the reason I took the SELL risk. i will still try my luck to risk sell for the last time
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:23pm On May 21, 2019 |
meshpips: Yeah. It's looking good. |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:26pm On May 21, 2019 |
currentprice: Oil be playing wayo. Watching it closely. 1 Like |
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