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Forex Trade Alerts: Season 19 - Business (238) - Nairaland

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Re: Forex Trade Alerts: Season 19 by Nobody: 7:24am On Oct 15, 2019
This example of trade i talked about bouncing off yearly resistance pivot (red line) . This is goldusd. You can see what happened on friday, it bounced off the line with tight stoploss of around 30 pips, assuming on higher time frame and may be less than that on 5mins or 1 min chart. You can see the power of higher time pivots. if that trade is held, you likely get over 200pips at the peak of the trend and a very decent profits with peace of mind and readjusting your sl.. Imagine looking for such signals alone on over 15 pairs. This is one of many ways to KISS. Learn to keep things simple and understand market price action. This is my own version of VAP. cheesy
Enough said. grin grin grin

3 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by djwalata(m): 7:55am On Oct 15, 2019
bojbest:



My citerias didn’t play out well. Will let this pass.
It will b difficult for ujpy to go down unless it closes below 107.80 on a daily TF.
inverted head and shoulder pattern will keep d price up above 107.80 . The pattern is negated only if it closes below d said price.
If d pattern stands, we could c about 450pips upward.
Re: Forex Trade Alerts: Season 19 by Nobody: 8:02am On Oct 15, 2019
djwalata:

It will b difficult for ujpy to go down unless it closes below 107.80 on a daily TF.
inverted head and shoulder pattern will keep d price up above 107.80 . The pattern is negated only if it closes below d said price.
If d pattern stands, we could c about 450pips upward.

Awesome.
The inside bar candle just gave me a reason to go short. Looking at 4hr time frame, I thought price wld form a reversal pattern ( double top) then i enter below 108.200. But it didnt. Also Volume didn’t give me a confirmation on daily time frame.

Let see what will happen today!!
Re: Forex Trade Alerts: Season 19 by Nobody: 8:46am On Oct 15, 2019
priceactionx:
banned by bot on my other moniker.
If you are a lover of ger30, you can buy, @12520
sl of around 30pips, and tp of around 120 pips.
Major barrier around 12570-5, but if broken, we may have a nice ride.
exited for 46pips. bounced off the level i said with slippage of 25pips.

1 Like

Re: Forex Trade Alerts: Season 19 by Nobody: 9:19am On Oct 15, 2019
mark your calendar, likely days for market abnormal movements: ( fundamentals)

Talks between the EU and UK saw sterling rally, but the probability of a deal ahead of Thursday's highly anticipated EU Summit is looking unlikely. The sentiment was summed up by the Finnish PM who stated, "I think there is no time in a practical way and in a legal base to reach an agreement before the Council meeting."

With so much volatility and uncertainty and a script that seemingly changes every day, here’s a list of key events to look out for this week to help you plan your next trade.

Tuesday and Wednesday 15 and 16 October 2019

The Queen’s speech will be debated by MPs
Macron-Merkel meeting

Thursday and Friday 17 and 18 October 2019

Crucial two-day summit of EU Council leaders begins. The last meeting currently scheduled before the Brexit deadline.

Saturday 19 October 2019

Special sitting of parliament
Johnson will be hoping to put a deal to a vote. If this deal isn't approved by parliament and MPs don’t agree to a no-deal exit, Johnson must ask the EU for another three month delay to Brexit, as required under the Benn Act.

Thursday 31 October 2019

The current deadline for the UK to leave the EU, with or without a withdrawal agreement.

Thursday 28 November 2019

An early election date suggested by political commentators

Friday 31 January 2020

Anticipated date for an extension request to Article 50

As the Brexit deadline draws closer, the prospect of even higher volatility in GBP forex pairs and the UK 100 is an elevated risk.

We'd like to remind you to monitor your account’s exposure at all times and have sufficient funds to cover your margin and positions. We regularly review our margin rates to ensure they accurately reflect current market conditions and may decide to increase them during periods of high volatility.
courtesy peperstone
Re: Forex Trade Alerts: Season 19 by freshStarz: 9:59am On Oct 15, 2019
meshpips:
While those three are making up their minds whether or not they would like to be disgraced in one single move, taking down all three of them, let's go look for some other trade to take.

@infofirst, hope you have taken the little correction I pointed out in your grammar? Money nor go fit you if your English grammar dey disjointed okay?

Now back to trading business . . .

NZDUSD

Buy limit being approached.

grin grin grin
Re: Forex Trade Alerts: Season 19 by currentprice: 10:10am On Oct 15, 2019
currentprice:


moving trade to BE is not my system of trading but i am moving this trade to BE

reason if price comeback to move few pips below the entry price. oyel will likely move lower below previous support, if this happen not worth holding

grin grin grin grin

oyel stop me out at BE.

now looking to SELL

grin grin grin grin

2 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 12:09pm On Oct 15, 2019
meshpips:
Traders please take note, if ever you see anyone still trading GBP pairs in this period so close to finalizing the BREXIT saga, the person is outrightly a terrible risk taker or simply is inexperienced.

If ever you experienced the SNB taking off the peg for CHF some years ago, you will never make the mistake of trading around such intriguing economic periods. Quite a number of Brokers went belly up by that singular event.

The volatility you saw on GBP pairs on Friday is still small compared to what can still happen.

Stop losses would NOT be honoured. Spreads can widen to over 100 pips on floating spread account types.

Which sane trader would want to risk such?

@redchicken, be guided with your choice of pairs to trade.
bross not yet time. So selling is activated on GU. Adding more sell

2 Likes

Re: Forex Trade Alerts: Season 19 by Nobody: 12:12pm On Oct 15, 2019
bojbest:
NZDUSD.
Long.
Stoploss: Below yesterdays candle.
Citeria: Head and shoulder pattern, Weekly pinbar and possible double bottom pattern from next week.

Target: I don’t have at the moment. Looking at the months previous high.

I think this could be an emerging bull market.


Stops loss hit.

1 Like

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 12:15pm On Oct 15, 2019
EURUSD SELLING ACTIVATED I COULDN'T POST ENTRY ON TIME. I was busy after taking the screen shot. But you can still sell at this current price of 1.10080. Target 1.09440. After that you are on your own oh. It can go Fother down or turn upwards. This is calculated by my fibonachi retracement

Re: Forex Trade Alerts: Season 19 by QDubz(m): 12:30pm On Oct 15, 2019
Ogboraph:
EURUSD SELLING ACTIVATED I COULDN'T POST ENTRY ON TIME. I was busy after taking the screen shot. But you can still sell at this current price of 1.10080. Target 1.09440. After that you are on your own oh. It can go Fother down or turn upwards. This is calculated by my fibonachi retracement

I would love to ask, do you do your analysis with your phone..
Or you use the phone only to monitor trades?.
Just curious
Re: Forex Trade Alerts: Season 19 by Nobody: 1:18pm On Oct 15, 2019
and again this i missed. Power of simplicity and PA. like 10pips sl, 50pips TP (haaa, for gold?, yes, possible if you do good homework). These are the areas that form the beginning of pinbars you always see sometimes.
Now rally at weekly pivot and likely ready to revert at weekly pivot. I dont think the strength downward is strong enough.
updated... the downtrend continued for over 110pips from that spot, and likely continue because of downtrend......

2 Likes

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 1:46pm On Oct 15, 2019
QDubz:


I would love to ask, do you do your analysis with your phone..
Or you use the phone only to monitor trades?.
Just curious
i use my computer every trading days from 5am to 6am to Look and the support and resistance level and the pivot piont on this two currency EURUSD ABD GBPUSD, then note them. The close the PC and go for my daily work. Then i analysis with my mobile phone to follow the market using The RSI on my mobile MT4 and enter trade using 4hrs candlesticks formation with its bollinger bands 4h 1h 30min chart. Then enter from 5min inline within 15min moving averages looking out for breakouts and reversal formation. Use all trading patterns and predict your moves. now take a look at 4Hr candlestick which will close soon in 15min time and the see the 15min chart is telling me to close my sell and Buy EURUSD from this point but. Unless breakout occur it will be false. Signal. Since daily chart is saying reverse divergence to sell.

2 Likes

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 1:57pm On Oct 15, 2019
Now if there is a proper breakout that the price move on one candlesticks on 5min or 15min directly and closed above 1.10115 line as shown below picture the i will buy it again. And set stoploss at last low present candles

1 Like

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 2:06pm On Oct 15, 2019
No proper breakout so selling EURUSD continue down down

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 2:12pm On Oct 15, 2019
Ogboraph:
No proper breakout so selling EURUSD continue down down
Can you the the next moves just after i posted the above analysis

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 2:16pm On Oct 15, 2019
Who will sell GU and GJ with me as i refused to buy it even as they went up against my trade at first.

Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 2:25pm On Oct 15, 2019
With what GU is doing pls don't follow me oh. It may wipe account if you are not careful.

Re: Forex Trade Alerts: Season 19 by djwalata(m): 2:38pm On Oct 15, 2019
Ogboraph:
With what GU is doing pls don't follow me oh. It may wipe account if you are not careful.
it is dangerous to trade GBP at this moment on a lower TF unless u r glued to ur screen.
Re: Forex Trade Alerts: Season 19 by djwalata(m): 3:05pm On Oct 15, 2019
I c inverted head and shoulder pattern on daily TF. A break below 107.80 will rebate d upward move.

Re: Forex Trade Alerts: Season 19 by infofirst(m): 3:10pm On Oct 15, 2019
infofirst:
......

This week. Am observing Usdjpy for a sell around 109.15- 109.35.
Gbpusd at 1.275***.
Can't say the price am watching for oil yet but am bullish bias.

Happy green pips folks.....


Lots of push here nd there for gbpusd. Know the price to enter and you will be fine... I will be on the look for 1.248*** to buy if we push there before 1.275**
Re: Forex Trade Alerts: Season 19 by Karleb(m): 3:29pm On Oct 15, 2019
GBP is at it again!
Re: Forex Trade Alerts: Season 19 by djwalata(m): 3:42pm On Oct 15, 2019
I hope someone traded my gold call

Re: Forex Trade Alerts: Season 19 by djwalata(m): 3:42pm On Oct 15, 2019
My silver is selling as well
Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 3:47pm On Oct 15, 2019
djwalata:

it is dangerous to trade GBP at this moment on a lower TF unless u r glued to ur screen.
you have said it all. It took me out,so shap shap. If my phone was not with me i would be crying by now. grin
Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 3:49pm On Oct 15, 2019
EURUSD FALL MY HANDS ANY WAY AT LIST I TOOK SOMETHING FROM IT,AND CLOSE IT. Bull let see you move. Properly before we buy. This is forex.trading
Re: Forex Trade Alerts: Season 19 by Karleb(m): 4:00pm On Oct 15, 2019
@infofirst I hope you caught the GBP bullish movement.

In my opinion GBP/JPY is heading for the 145. grin grin grin zone and with the looks of thing it will get there sooner rather than later.

@ house Where is PJAMES1?
Re: Forex Trade Alerts: Season 19 by djwalata(m): 4:03pm On Oct 15, 2019
djwalata:
I c inverted head and shoulder pattern on daily TF. A break below 107.80 will rebate d upward move.
Did someone trade this?
Re: Forex Trade Alerts: Season 19 by GodisGreat4vr: 4:06pm On Oct 15, 2019
Forex is predictable
All the secrets of Forex is in this gbpnzd chart...Study it and thank me later

1 Like

Re: Forex Trade Alerts: Season 19 by djwalata(m): 4:06pm On Oct 15, 2019
A daily close above d upward channel will open buy opportunity
Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:07pm On Oct 15, 2019
Karleb:
@infofirst I hope you caught the GBP bullish movement.

In my opinion GBP/JPY is heading for the 145. grin grin grin zone and with the looks of thing it will get there sooner rather than later.

@ house Where is PJAMES1?

I did not my bro. Just looking. I was able to sell at 1.2750 & 1.2796 thou

The GBP have it for now. They can fly as much as they can. We can only follow. They are at turning point now. So how they close today will tell what is to come next... So never say never... 145 truly is possible
Re: Forex Trade Alerts: Season 19 by djwalata(m): 4:08pm On Oct 15, 2019
djwalata:
A daily close above d upward channel will open buy opportunity

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