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Forex Trade Alerts: Season 20 - Business (165) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Nobody: 8:32pm On Feb 26, 2020
PipMarshall:


wink wink

EURUSD bulls.
You also need these charts. Winter may be coming.

EURUSD..I think I have something like that against london open tomorrow.
I think, if EURUSD is rising, USDCHF should be falling.
Re: Forex Trade Alerts: Season 20 by voraz(m): 8:39pm On Feb 26, 2020
PIPnator10:


EURUSD..I think I have something like that against london open tomorrow.
I think, if EURUSD is rising, USDCHF should be falling.

I'll be closing out my USDCHF sells now.
I expect some upside now.

EU should drop too

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 8:46pm On Feb 26, 2020
This is USDCHF.
Looks like we could be getting reversal....
Notice the divergence
(Check out the attached USDCAD chart for an actual example)

It's not moving down fast enough so I've locked in enough profits.
We could see an Inverse Head and Shoulder formation around this point so upside is more likely now..... Enjoy! grin

Re: Forex Trade Alerts: Season 20 by Nobody: 8:47pm On Feb 26, 2020
Trendline broken

Re: Forex Trade Alerts: Season 20 by Nobody: 8:52pm On Feb 26, 2020
voraz:


I'll be closing out my USDCHF sells now.
I expect some upside now.

EU should drop too

Done so already too.
On the side for new opportunity but I no lie,
any pair with CHF na torture. Thre average pip per day na like 50pips.
Re: Forex Trade Alerts: Season 20 by Nobody: 8:55pm On Feb 26, 2020
voraz:
This is USDCHF.
Looks like we could be getting reversal....
Notice the divergence
(Check out the attached USDCAD chart for an actual example)

It's not moving down fast enough so I've locked in enough profits.
We could see an Inverse Head and Shoulder formation around this point so upside is more likely now..... Enjoy! grin

There could be some reversal on it.
You can see the price just kissed the 200MA, the one I asked you about last week.
We wait to see what happens tomorrow.
Re: Forex Trade Alerts: Season 20 by voraz(m): 8:56pm On Feb 26, 2020
PIPnator10:


Done so already too.
On the side for new opportunity but I no lie,
any pair with CHF na torture. Thre average pip per day na like 50pips.

No be lie sir but I'm doing a more laid-back style now with pairs like that.... Trying to swing them laslas and not get caught in false reversals. That's why I just use my SL in profit to capture majority of the move and not close out outrightly.
Re: Forex Trade Alerts: Season 20 by voraz(m): 9:00pm On Feb 26, 2020
EU is another one of interest.
But the zone of interest is still 'ahead ahead' (blue box)
Considering the reaction points I'm watching are still far ahead, I'll employ the same style with USDCHF..... I'll just capture most of the move and leave it to run.
I have a close by Target and the 'ahead ahead' target..... Hopefully one of them hits before it reverses to SLs in profit.

I'll be waiting till London Session tomorrow for volatility here and on UCHF.

Anyone else watching this?

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 9:05pm On Feb 26, 2020
PIPnator10:


There could be some reversal on it.
You can see the price just kissed the 200MA, the one I asked you about last week.
We wait to see what happens tomorrow.

Yes that's one of the reasons why I'm being skeptical about EU's distance
GU respects that MA too.

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 9:07pm On Feb 26, 2020
PIPnator10:


EURUSD..I think I have something like that against london open tomorrow.
I think, if EURUSD is rising, USDCHF should be falling.

That's why I said EURUSD bulls need those charts. USDCHF beginning to look like a long.
If usdchf goes up.. Eurusd should go down.

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 9:11pm On Feb 26, 2020
PipMarshall:


That's why I said EURUSD bulls need those charts. USDCHF beginning to look like a long.
If usdchf goes up.. Eurusd should go down.

True.
Maybe EU and UCHF will start moving together since EU and GU have been opposite sad
Re: Forex Trade Alerts: Season 20 by Nobody: 9:14pm On Feb 26, 2020
I need to get used to gold movement because I will be trading it soon. Studying and practising continue. That's where money is!

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 9:34pm On Feb 26, 2020
walexy100:
I need to get used to gold movement because I will be trading it soon. Studying and practising continue. That's where money is!

Hands in the air for you sir.
See you there soon.
Re: Forex Trade Alerts: Season 20 by voraz(m): 9:35pm On Feb 26, 2020
Chose to take a very small, very tight trade on GU now.... If Asian ranges take it out, I'll reenter during London

Re: Forex Trade Alerts: Season 20 by Nobody: 9:42pm On Feb 26, 2020
voraz:


Hands in the air for you sir.
See you there soon.

Thx Brother
Re: Forex Trade Alerts: Season 20 by Nobody: 10:02pm On Feb 26, 2020
since monday, towards the end of US session i noticed that wonderfull things happen in gold.
Re: Forex Trade Alerts: Season 20 by Nobody: 11:00pm On Feb 26, 2020
Ok so we seem to have created a range in a range type of situation. Support created that needs to be retested. Which side would it likely break out, i vote the downside.

Re: Forex Trade Alerts: Season 20 by voraz(m): 1:38am On Feb 27, 2020
EG has bought as expected.
Watch for drops tomorrow if the TL isn't broken

Lines up perfectly with my GU buy expectation

Re: Forex Trade Alerts: Season 20 by Kene1245(m): 6:18am On Feb 27, 2020
[quote author=Samchuky post=86968428][/quote]

Yes
Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 7:30am On Feb 27, 2020
Kene1245:


Yes

You are doing great.
Re: Forex Trade Alerts: Season 20 by Nobody: 7:39am On Feb 27, 2020
XAUTrader4L:
Ok so we seem to have created a range in a range type of situation. Support created that needs to be retested. Which side would it likely break out, i vote the downside.


we might probably just stay in this range till monday which is also first week of march. lets see how price reacts to the economic data we have today and tomorrow, though i dont expect much.
Re: Forex Trade Alerts: Season 20 by mrikay: 7:43am On Feb 27, 2020
jamace:
Happy new year to everybody. Best wishes always.

happy new year boss!
Re: Forex Trade Alerts: Season 20 by mrikay: 7:44am On Feb 27, 2020
Edd1e:
HAPPY NEW YEAR TRADERS. Wishing us a pipful year ahead... More winnings...
my 2 hands day up oga!

1 Like

Re: Forex Trade Alerts: Season 20 by Edd1e(m): 7:47am On Feb 27, 2020
mrikay:


my 2 hands day up oga!
Welcome back bro. Where u dey since. Good to have you back here
Re: Forex Trade Alerts: Season 20 by voraz(m): 7:56am On Feb 27, 2020
voraz:
EU is another one of interest.
But the zone of interest is still 'ahead ahead' (blue box)
Considering the reaction points I'm watching are still far ahead, I'll employ the same style with USDCHF..... I'll just capture most of the move and leave it to run.
I have a close by Target and the 'ahead ahead' target..... Hopefully one of them hits before it reverses to SLs in profit.

I'll be waiting till London Session tomorrow for volatility here and on UCHF.

Anyone else watching this?

This is the reason why I didn't close out outrightly.
We had extra movement smiley
London Open, we could see reversals now but at least extra pips were bagged

Re: Forex Trade Alerts: Season 20 by voraz(m): 7:58am On Feb 27, 2020
voraz:
Chose to take a very small, very tight trade on GU now.... If Asian ranges take it out, I'll reenter during London

This was too tight.
An extra 3 or 4 pips would've kept me in the game

Re: Forex Trade Alerts: Season 20 by voraz(m): 8:11am On Feb 27, 2020
voraz:
EU is another one of interest.
But the zone of interest is still 'ahead ahead' (blue box)
Considering the reaction points I'm watching are still far ahead, I'll employ the same style with USDCHF..... I'll just capture most of the move and leave it to run.
I have a close by Target and the 'ahead ahead' target..... Hopefully one of them hits before it reverses to SLs in profit.

I'll be waiting till London Session tomorrow for volatility here and on UCHF.

Anyone else watching this?

My stops were too tight here but the same effect happened on EU.

Re: Forex Trade Alerts: Season 20 by voraz(m): 8:23am On Feb 27, 2020
voraz:


Caught the small sell then the buy.
Wave Theory works fine wink
Anyone else enjoy this? grin

Sorry I couldn't update here though.... See my battery lipsrsealed
voraz:
EG has bought as expected.
Watch for drops tomorrow if the TL isn't broken

Lines up perfectly with my GU buy expectation

Looking for drops now

Re: Forex Trade Alerts: Season 20 by voraz(m): 8:28am On Feb 27, 2020
We could be seeing an expanded flat here
That would make EURGBP fly up a little extra

I'm not taking it though

Re: Forex Trade Alerts: Season 20 by vcente(m): 8:37am On Feb 27, 2020
voraz:


My stops were too tight here but the same effect happened on EU.
can you please explain to me why you're using the lowest lot size. Am a newbie so any insight you can drop will be appreciated
Re: Forex Trade Alerts: Season 20 by voraz(m): 9:04am On Feb 27, 2020
vcente:
can you please explain to me why you're using the lowest lot size. Am a newbie so any insight you can drop will be appreciated

Lot sizing should depend on your account size and risk amount you're taking.

On the trade in question GBPUSD, I mentioned it was a high risk trade that I wouldn't want to enter till I see where volatility pushes in London Session..... That's why I entered a small position last night and it was taken out, this minimal risk was taken
Re: Forex Trade Alerts: Season 20 by vcente(m): 9:23am On Feb 27, 2020
voraz:


Lot sizing should depend on your account size and risk amount you're taking.

On the trade in question GBPUSD, I mentioned it was a high risk trade that I wouldn't want to enter till I see where volatility pushes in London Session..... That's why I entered a small position last night and it was taken out, this minimal risk was taken
alright, I understand, but this means that you won't make appreciable profits unless there is extreme volatility. By the way how long do you keep open positions?

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