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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (359949 Views)
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:12pm On Dec 18, 2019 |
You have an opportunity to.earn while you learn in this industry. Good luck to you my waterside brother. Tobra ![]() solitytv123: |
Re: Forex Trade Alerts: Season 19 by ekesoft(m): 12:16pm On Dec 18, 2019 |
Please are these spreads okay
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Re: Forex Trade Alerts: Season 19 by Nobody: 12:26pm On Dec 18, 2019 |
saxy4c: You dey vex oh.. lol I havent actually done anything on that one. (AUDUSD) Normally price will make a second attempt to break the support.. Where is fails to break it, thats when I will know it's a buy but if it breaks it, then its a sell for me. So I am waiting for that scenario to play out. **Sometime I miss out, enter late or even make a loss on a good trade while waiting for the scenario to play out. I guess that trading/learning too. |
Re: Forex Trade Alerts: Season 19 by Nobody: 12:28pm On Dec 18, 2019 |
bojbest: Stoploss hit. 1 Like |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:31pm On Dec 18, 2019 |
PIPnator10:we Mucho gracias Amigo. The charts clear... I have a concern that made me close my egbp sell just before this chart... That 0.848** that yesterday candle close above. It makes me feel the level you sold from is 50:50. I will still wait and see how the day candle close. 0.856*-0.857** am watching to take some sell. Am on sideline. |
Re: Forex Trade Alerts: Season 19 by Nobody: 12:34pm On Dec 18, 2019 |
saxy4c: Let's see.. I don't trade oil at the moment but I did market the weekly S/R at the start of the week. If should trade it today, I will be looking for a buy as long as price doesnt break the support at 60.295. If that support holds, I think also price will go beyond the resistance at 61.00.
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:36pm On Dec 18, 2019 |
Adding to this trade: Buying EURNZD 1.6935 SL is entry of first trade TP same 1.7200 of initial trade. saxy4c: |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:37pm On Dec 18, 2019 |
bojbest: That's FXTM stop loss hit right. Because the same trade on Icmarkets is yet to hit stop loss. |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:46pm On Dec 18, 2019 |
Na una type dey lead sheep go slaughter house come run abi? ![]() The setup met all my parameters and my 33pips risk looks sweet for whatever rewards I expect on this. Thanks a whole lot for the caution, but better be a sheep than a pig on the sidelines.I no wan carry last. ![]() PIPnator10: |
Re: Forex Trade Alerts: Season 19 by Nobody: 12:51pm On Dec 18, 2019 |
infofirst: Here is the actual trade. Maybe I entered too early. That's probably because I saw that setup yesterday and the moment I woke up to see price stalling around that yellow resistance (my daily resistance) I sold it. However when you look at how yesterdays candle closed very bullish, that may be the signal for a change in trend from sell to buy. So for this trade, the green horizontal line may be my take profit if my stop loss doesnt get hit. 2 Likes
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:55pm On Dec 18, 2019 |
USDChf buy limit @ 0.97860 SL : 0.97560 TP : 0.99460 usdcad buying 1.3145 sl 1.31057 Tp open |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:04pm On Dec 18, 2019 |
saxy4c: Is fear catching you already.. ![]() ![]() ![]() ![]() You go don get used to trades hitting your SL. That one no dey fear me anymore. You may have a good trade there. When you see the hourly candle, price have attempted the support 2 times already. Also, price is still respecting the trendline. I am still on the sidelines probably because I have other trades im managing plus the daily still dey do green (bulls) this hours and the next hour red (bears). Better I wait for more confirmations. 1 Like |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:15pm On Dec 18, 2019 |
During my off day yesterday, I Closed my EURAUD buy in 150pips profit and took a sell, attaching proof for the kalo.kalo bros them. If you're holding please take whatever profits you still see. We have now taken janglova up and down profits on this mad pair so far. Let's tame these mar-ket-s together in simplicity. NU hit 18pips SL before the second sell that's running in good profits. GU has given us 100pips till now. I've reversed my AUDUSD bias, if the new trade doesn't win @pipnator10, you will pay me back oh! saxy4c:
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Re: Forex Trade Alerts: Season 19 by Donvic4u(m): 1:20pm On Dec 18, 2019 |
PIPnator10: engulfing and pin bar ...can we call dat a rejection? |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:27pm On Dec 18, 2019 |
Donvic4u: Bullish engulfing.. Bullish pin par.. Yea, thats rejects. We have them already on AUDUSD? Ok if you post charts? |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:27pm On Dec 18, 2019 |
Note,with the new USDCAD call, I've switched direction on this trade that gave birth to the kalo-kalo traders club of Nigeria ![]() Took the 40pips it gave me at par with my risk, not bad for 3%. saxy4c: |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:28pm On Dec 18, 2019 |
saxy4c: Egba mi ooo! ![]() ![]() ![]() Patience bro, you still have a good trade thee. 1 Like |
Re: Forex Trade Alerts: Season 19 by Donvic4u(m): 1:30pm On Dec 18, 2019 |
PIPnator10:
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:35pm On Dec 18, 2019 |
Ehen! Because all I have been seeing is buy buy buy. @firstinfo you might want to take a look at this. As you summoned our Oga, let's try to squeeze out all we can from him before he goes on another hiatus. In other words you're telling me to take this trade, ok. Buying OIL 60.60 Sl 60.20 Tp 62.00 PIPnator10: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:39pm On Dec 18, 2019 |
So sorry for the late response. Yes, for me I've posted my entry on here. Trade still hanging around the kalo-level [a few pips away from the posted point] but not bad to dive on and join in! peteregwu: |
Re: Forex Trade Alerts: Season 19 by Fmusty: 1:58pm On Dec 18, 2019 |
Fmusty: stay close |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:58pm On Dec 18, 2019 |
[quote author=Donvic4u post=85018775][/quote] Yes bro.. those are rejection. But note, rejections can be broken too. thats the reason to wait for multiple rejections on higher time frames 4hrs..1daily.. The more rejection candles on the higher time frames, the stronger the rejections. **I use charts from 2 sources which the 4hrs/daily closes at different times. Below is a 4hrs chart different from the one you posted.I have the one you posted too. You can see the rejection candles as shown with the arrows especially the yellow arrow. Also see the yellow arrow above for same type of rejection candle. Whenever I see the candle as seen with the yellow arrow around Support/resistance area, I kinda feel we may experience a change in trend. 1 Like
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:13pm On Dec 18, 2019 |
My brother these candle patterns at trendline line points is just a game of suwe to me, forming all sorts of continuation and reversal patterns at the same spot, except just like 3 I've always used and their efficacy have been satisfactory to me. The only two patterns I see at trendlines are firstly, if price gets to trendline and quickly bounces then I'm on the right side. Secondly is purely time, if price struggles around a reversal point for a long period of hours or days, the way it was doing around 6600 for KIWI, then I also feel I've got some correct people trying to gather muscle in my direction as well and I'm confident in my entry. How many times have you seen a pin bar right after you saw a bullish engulfing. Price is King. Donvic4u: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:28pm On Dec 18, 2019 |
GU is now running in 120pips profits almost 6% . I emphasize on certain points because I want us to change our mindset. Some people see forex as a game of loss loss loss. I'm only trying to show you that with a bit of patience, you can make a living thorough trading. Just keep watching ![]() saxy4c: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:40pm On Dec 18, 2019 |
If you missed this trade or ran away from it too early like some people I know ![]() saxy4c: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:54pm On Dec 18, 2019 |
I see gold giving me one more opportunity to load on my buy so I'm taking a final bullet on gold. If these gold trades go south it will pain me small sha. Buy GOLD 1471 SL 1467.95 TP 1495 And I expect gold to go up then indices are going down down. Already exposed on nasdaq and sp. Going on: Sell DOWJONES 28280 SL 28350 TP 28080 |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:02pm On Dec 18, 2019 |
Yes I am breaking a major rule by moving stop loss. But with the last candle of USDCAD I dont think i want to risk too much anymore. I'd set my sl to 27 pips only at 3118 and also set a sell stop there with sl 40pips above. Tp open saxy4c: |
Re: Forex Trade Alerts: Season 19 by peteregwu(m): 3:29pm On Dec 18, 2019 |
saxy4c: Thanks buddy |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:30pm On Dec 18, 2019 |
Now see the gold trade I took just before the close of the last candle. Can you see how those 3 candles before my entry candle and even the entry candle were aggressive sells? Anyone would've been scared to take a buy trade at that level but would be rather comfortable riding the strong candles down. That's psychology . But I knew in advance that 1471/2 is a strong barrier because @infofirst mentioned and price reacts all the time there although I can't see anything at that point till now. Also Dollar index was dropping just when price got to support, same time? MMs we dey see as you oh ![]() See? The courageous buy against the initial graggra of the 3 candles before has come out with about 30pips in less than 30mins. I'm not saying ignore candle patterns bro, just don't solely rely on them. saxy4c: Donvic4u:
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Re: Forex Trade Alerts: Season 19 by Fxwarrior: 3:41pm On Dec 18, 2019 |
Fxwarrior: Its happening. Christmas money about to be delivered. |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 4:17pm On Dec 18, 2019 |
Interesting, so what news is this trade based off on? Fxwarrior: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 4:27pm On Dec 18, 2019 |
GU has hit sl of 40pips AU still around entry and moving GJ sl by 5pips to 142.95 for small breathing room. saxy4c: |
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