Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,891 members, 7,976,338 topics. Date: Wednesday, 16 October 2024 at 05:43 AM |
Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (570544 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 21 (2) (3) (4)
(1) (2) (3) ... (185) (186) (187) (188) (189) (190) (191) ... (660) (Go Down)
Re: Forex Trade Alerts: Season 20 by infofirst(m): 1:04pm On Mar 07, 2020 |
Kene1245: I hope too. @blackeurop @blackeuropean |
Re: Forex Trade Alerts: Season 20 by Nobody: 2:32pm On Mar 07, 2020 |
Skanas: You are welcome sir. |
Re: Forex Trade Alerts: Season 20 by Vandorra: 2:54pm On Mar 07, 2020 |
infofirst: Smh.....and once he fulfills the promise...all his ills will be washed away right? You are a real Nigerian! 1 Like |
Re: Forex Trade Alerts: Season 20 by situations: 4:28pm On Mar 07, 2020 |
. |
Re: Forex Trade Alerts: Season 20 by fucc12: 8:41pm On Mar 07, 2020 |
Your thoughts on USDCHF
|
Re: Forex Trade Alerts: Season 20 by TheYoda: 10:22pm On Mar 07, 2020 |
situations:Why are you acting like a slowpoke, gtfoh . Acting silly all over the place. |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:58pm On Mar 07, 2020 |
fucc12: While it's tempting to buy because it looks cheap... I think it's a bad idea trying to catch the bottom Market conditions suggest a strong Franc can still be the case for a while. I would prefer selling if continuation patterns show up. My thoughts. 1 Like |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 1:50am On Mar 08, 2020 |
The falling knife pickers agree with ya! PipMarshall: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 1:51am On Mar 08, 2020 |
We need to read between the lines atimes. Vandorra: |
Re: Forex Trade Alerts: Season 20 by voraz(m): 2:01am On Mar 08, 2020 |
PipMarshall: Same here. Holding sells |
Re: Forex Trade Alerts: Season 20 by voraz(m): 2:03am On Mar 08, 2020 |
voraz: The trend didn't end so I kept on using this format to find entries |
Re: Forex Trade Alerts: Season 20 by Nobody: 5:35am On Mar 08, 2020 |
PipMarshall: 13 likes... That's much. Will give more examples today when I am free. I will definitely give more examples. Hopefully it helps many on how to make trading plans and execute. 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 6:37am On Mar 08, 2020 |
PipMarshall: https://www.bloomberg.com/amp/news/articles/2020-03-07/saudis-plan-big-oil-output-hike-beginning-all-out-price-war?sref=5F8Ao01j&__twitter_impression=true Oil Naira might be in trouble if OPEC and Russia does not agree soon on coordinated supply cuts. What was the benchmark for our budget again? So as a speculator.. I would advice folks, who can, to hold their money in dollars. Maybe in a domiciliary account or something. 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 6:50am On Mar 08, 2020 |
Technically, doesn't look good either.. If it doesn't bounce here. 35 USD per barrel might be the next stop. It's hard seeing a bounce with all these fundamentals around it. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Vandorra: 7:56am On Mar 08, 2020 |
saxy4c: An auto exit route sometimes for self deceit. |
Re: Forex Trade Alerts: Season 20 by Nobody: 8:19am On Mar 08, 2020 |
Next let's do USDSEK. It is following my opinion for now. |
Re: Forex Trade Alerts: Season 20 by Nobody: 8:49am On Mar 08, 2020 |
Look how important the purple zone has been for USDSEK. So we can agree it's a very important level. Now analysing this again.. I am beginning to think my initial thoughts may be wrong. Looks like it's bottoming on the Monthly timeframe. And could test the high at the black line.. 2000, 2001 high. But there is no controversy as to how important that purple zone is. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Nobody: 9:04am On Mar 08, 2020 |
So if we add a trendline, and some sprinkle of RSI. We will find that it turned from a diagonal resistance provided by the trendline. We also find some bearish divergence. Which may signify there is an immediate top at that last high (2019 high). So I had been looking to sell for a while because I felt that could be a top that will bring a lot of downside move. It's only now that I have another perspective which I just put in the first post. But last month's candle was a nice pinbar. Which is a very strong bearish signal. Combined with the other evidences I just mentioned. And there is one more evidence on the weekly. So either ways.. If one is bullish one could be thinking.. Are we going to test the purple line again before we make another high? That's, we expect the purple line to be resistance becoming support. This is my view now. The purple line may hold as support. If one is bearish.. Are we going all the way down now? That's we don't expect the purple line to hold. This was my opinion before.
|
Re: Forex Trade Alerts: Season 20 by Nobody: 9:15am On Mar 08, 2020 |
Weekly. This was an extremely bearish signal. A pinbar, followed by an extremely bearish candle on the weekly. After this, one won't be wrong to take any one hour sell setups. I doubt I can find in this case. It just tumbled altogether. So after this I was looking to sell. One could have used the purple line as a near term target. So the 2nd picture was the picture before last week started. I was hoping for a retracement to the green line before selling but that didn't happen. As the drop was fast. So what's next. We monitor the price action around the purple line. I expect it to hold because I think I am now bullish. However, If it breaks the purple convincingly, means more downside is possible. And one can start looking for sell setups. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Nobody: 9:18am On Mar 08, 2020 |
Next we do maybe EURJPY. |
Re: Forex Trade Alerts: Season 20 by situations: 10:01am On Mar 08, 2020 |
. |
Re: Forex Trade Alerts: Season 20 by JafunmiFX: 10:23am On Mar 08, 2020 |
@pipmarshall Please what's your take on this? A buy??
|
Re: Forex Trade Alerts: Season 20 by Nobody: 10:27am On Mar 08, 2020 |
JafunmiFX: I will look at it. Will reply after I have.. later today.. |
Re: Forex Trade Alerts: Season 20 by Edd1e(m): 11:44am On Mar 08, 2020 |
PipMarshall: Nice charting analyses bro... keep it up. 2 Likes |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:46am On Mar 08, 2020 |
Edd1e: Thank you very much. 1 Like |
Re: Forex Trade Alerts: Season 20 by JafunmiFX: 12:13pm On Mar 08, 2020 |
PipMarshall:Okay boss |
Re: Forex Trade Alerts: Season 20 by TheYoda: 1:00pm On Mar 08, 2020 |
Some of what I'm looking at this week. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Nobody: 2:24pm On Mar 08, 2020 |
JafunmiFX: First thing.. I may be wrong. And Your idea may turn out good. But you asked for my opinion. So let me say what I think. I learnt the hard way not to ignore news.. And events around the world when trading. Till the issue of coronavirus is settled.. I don't want to buy the assets that will be affected by the coronavirus thing. AUD'S economy is closely linked to China. China and Australia are NOT economies that I would like to invest in at the moment. Secondly.. RBA just cut interest rate. The last bullish push is at the back of the cut being less than the market anticipated. A cut in interest rate isn't exactly bullish long term. Now Technicals. 2 Likes |
Re: Forex Trade Alerts: Season 20 by Nobody: 2:25pm On Mar 08, 2020 |
AUDUSD Eyes on 0.6670. A clear downward trend. And we assume that's still the case until proven otherwise. So maybe this up move is correction? The last key level it lost is 0.6670.. Will that turn to resistance? So if I see sell opportunities at that level. I will sell.. If it breaks that level easily... Then means maybe correction will be deeper. Or Bullish trend is emerging. But I will stay out in this case because I have decided to start going for only trades where everything adds up. Target will be 0.6285 if I sell. Will be looking for lower timeframe sell setups. But like I explained yesterday. Will close major positions after significant move in my direction and then see if the remaining small positions will hit that primary target. 4 Likes
|
Re: Forex Trade Alerts: Season 20 by Nobody: 2:42pm On Mar 08, 2020 |
AUDUSD. Eyes on 0.6670. 1 Like
|
Re: Forex Trade Alerts: Season 20 by ekesoft(m): 3:20pm On Mar 08, 2020 |
|
Re: Forex Trade Alerts: Season 20 by JafunmiFX: 4:23pm On Mar 08, 2020 |
PipMarshall: I actually don't know nada about using news to trade, infact I don't even care..maybe because I don't have a strategy yet, I'm still a newbie learning the ropes, so I never give it a thought I'm still trying hard to learn this charting..it's very hard o |
(1) (2) (3) ... (185) (186) (187) (188) (189) (190) (191) ... (660)
Forex Trading - Season 15 / ||SCAM ALERT!!! Don't Be A Victim||*UPDATES ON PAGES 1-7* / CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday
Viewing this topic: 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47 |