Are you the one on with the Cali pickup guy, Lionlees guy?

WildChild00:
I am not a forex trader, but a consign nairalander, when I see things Identify and say it without fear of been favoured or intimated.

I'm adding another buy EURUSD 1.0890 Sl for both 1.0860

saxy4c:
EURUSD BUY 1.0915 SL 1.0875 TP 1.1075

saxy4c:
So tell me about last weeks candle formation and how it relates to why you got in on a sell at that point. Because I'm still going to buy EU and GU. But I might learn new stuff.

Before I answer this question, last week candle on weekly closed on what?

usd growing stronger yet gold standing firm.
I fear gold pass anything

Clearly a marobuzo.

Blackeurop:
Before I answer this question, last week candle on weekly closed on what?

saxy4c:
Clearly a marobuzo.

Not what i mean, bullish or bearish, it closed bearish. So we expecting second weekly bearish to follow this week, and continuous downward monthly Candle after last month inverted hammer on monthly Candle of last month.

Blackeurop:


Not what i mean, bullish or bearish, it closed bearish. So we expecting second weekly bearish to follow this week, and continuous downward monthly Candle after last month inverted hammer on monthly Candle of last month.

nice analysis there.
either ways, profit can be made

sl hit on gold.

I am not selling gold again this week

You are distracting me from what I asked as to why you sold exactly at 2989. It is definitely not because last weeks candle closed bearish. Look at the 3 attached example, weeks closed strong bearish and the following 2, 3 and even 6 weeks in a case were bullish.
So WHY DID DECIDE TO TAKE THE SELL ON THIS WEEKLY CANDLE AND AT THAT POINT?

Blackeurop:
Not what i mean, bullish or bearish, it closed bearish. So we expecting second weekly bearish to follow this week, and continuous downward monthly Candle after last month inverted hammer on monthly Candle of last month.

saxy4c:
You are distracting me from what I asked as to why you sold exactly at 2989. It is definitely not because last weeks candle closed bearish. Look at the 3 attached example, weeks closed strong bearish and the following 2, 3 and even 6 weeks in a case were bullish.
So WHY DID DECIDE TO TAKE THE SELL ON THIS WEEKLY CANDLE AND AT THAT POINT?

the bulls are in control of gold

What did you understand by that analysis?

wiconse:

nice analysis there.
either ways, profit can be made

walexy100:
Gold to hit 1570 today

1570 hit.

saxy4c:
You are distracting me from what I asked as to why you sold exactly at 2989. It is definitely not because last weeks candle closed bearish. Look at the 3 attached example, weeks closed strong bearish and the following 2, 3 and even 6 weeks in a case were bullish.
So WHY DID DECIDE TO TAKE THE SELL ON THIS WEEKLY CANDLE AND AT THAT POINT?

Oh why i sold at 2989, i sold there because I'm going for selling and that place is a resistance and best place to sell.

voraz:
Buying EU

Bad network didn't get this in on time
Wi-Fi sponsors are free to contact me

EU hit SL..... Didn't BE on time
GJ is still around there, showing signs of sellers coming in

voraz:
Gold looks like a nice buy BUT I won't be placing buy orders yet.
It's a little something the market has taught me

I'll be selling at the red marked zone.
It should be a quick move.

Gold is here now
Watch and see

Oh my gold!!! It's like you'd leave this lady alone and just follow what we do. This is clearly a point to show you that the Bulls are trying to test the 72 level and if they don't succeed, then the real sellers take them all out!
This candle was just to shake out weak hands like you who didn't buy at the 62 support or sell at the 7x supply zone. Try and see what I'm saying. Just try, it's not as difficult as the GBPUSD that I've not understood yet.

wiconse:
the bulls are in control of gold

saxy4c:
What did you understand by that analysis?

all he is trying to say is that THE WICK FOR THE WEEKLY CANDLE IS FORMED ALREADY, THEREFORE PRICE SHOULD MOVE DOWNWARDS.

whether he is right or wrong, one thing i know is that price can never move in a straight line.

in otherwords, bulls will make profits and bears will also make profit.

You see why I ask that this guy mentors you on Gold? I even forgot that he has been waiting for this level, if I had free equity and the 1567 was my first sell, kaboom! I'm adding another entry at 70/2 with a tight sl of 75/76.
These are the kalokalo ways I trade Gold.

voraz:

Gold is here now
Watch and see

wiconse:


the bulls are in control of gold

You were really hit hard.

It simply obeyed WVAP a 1570

voraz:
Gold looks like a nice buy BUT I won't be placing buy orders yet.
It's a little something the market has taught me

I'll be selling at the red marked zone.
It should be a quick move.

this is a massive yet simple analysis

Fine,I give up. You should know better that I'm definitely not trying to determine his being right or wrong. When he sold there was no wick because he practically sold at the Top of the weekly candle as at that time. And that was a scary precose entry even though his initial call of sell around 2964 went only 2pips in his favour before going about 30pips against the trade.
I'm trying to study why he takes his entries, maybe I'd try BB setup on the charts to see if that helps. There's something he is doing that is correct, but why he can't explain, I can't explain, but I'd figure. You cant see one winning scalp trades back to back and just ignore.

wiconse:
all he is trying to say is that THE WICK FOR THE WEEKLY CANDLE IS FORMED ALREADY, THEREFORE PRICE SHOULD MOVE DOWNWARDS.

whether he is right or wrong, one thing i know is that price can never move in a straight line.

in otherwords, bulls will make profits and bears will also make profit.

saxy4c:
Oh my gold!!! It's like you'd leave this lady alone and just follow what we do. This is clearly a point to show you that the Bulls are trying to test the 72 level and if they don't succeed, then the real sellers take them all out!
This candle was just to shake out weak hands like you who didn't buy at the 62 support or sell at the 7x supply zone. Try and see what I'm saying. Just try, it's not as difficult as the GBPUSD that I've not understood yet.

you are right.
i am yet to understand this gold.

saxy4c:
You see why I ask that this guy mentors you on Gold? I even forgot that he has been waiting for this level, if I had free equity and the 1567 was my first sell, kaboom! I'm adding another entry at 70/2 with a tight sl of 75/76.
These are the kalokalo ways I trade Gold.

I THINK VORAZ WILL BECOME ONE OF THE BEST TRADERS EVER

Home now

voraz:
Gold looks like a nice buy BUT I won't be placing buy orders yet.
It's a little something the market has taught me

I'll be selling at the red marked zone.
It should be a quick move.

Chart after.

The downward push might not be sustained but either way, we got nice reaction from there

Blackeurop:
Home now

I'm guessing you're going to rest now.
Good evening Blackeuropean..... You're an inspiration source for many (me included)

Turning profits daily in this market is a feat to not be looked down on.
Someday soon

voraz:


Chart after.

The downward push might not be sustained but either way, we got nice reaction from there

WHAT COULD BE THE REASON

voraz:


Chart after.

The downward push might not be sustained but either way, we got nice reaction from there

I concur.

voraz:



Turning profits daily in this market is a feat to not be looked down on.
Someday soon

ABLE


HE IS REALLY AN INSPIRATION TO ANYONE THAT WANTS TO BE PROFITABLE IN THIS BUSINESS

wiconse:
usd growing stronger yet gold standing firm.
I fear gold pass anything

You self just dey make me laugh on this your gold stuff.

peteregwu:


You self just dey make me laugh on this your gold stuff.

YOU SHOULD KNOW HOW IT FEELS HOLDING A TRADE FOR MORE THAN A DAY JUST VFOR IT TO GET TO TP

wiconse:


WHAT COULD BE THE REASON

Reaction is not always reversal.
meshpips, saxy4c, Infofirst, currentprice, edd1e and nearly every trader I've met here has an eye for these levels.
Blackeuropean uses them well for scalping