Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,889 members, 7,976,328 topics. Date: Wednesday, 16 October 2024 at 04:58 AM |
Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (570530 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 21 (2) (3) (4)
(1) (2) (3) ... (186) (187) (188) (189) (190) (191) (192) ... (660) (Go Down)
Re: Forex Trade Alerts: Season 20 by JafunmiFX: 4:28pm On Mar 08, 2020 |
PipMarshall: Okay thanks for the insight...as I mentioned earlier, I'm still a newbie...what prompted me to think it's a buy was the bullish engulfing pattern on the weekly, daily and 4hr Tf...I just want to ride to the 38fib (6670) I don't know if it will hold or not, I just want to catch the few pips to the last zone that broke Is that a better way to trade? |
Re: Forex Trade Alerts: Season 20 by Nobody: 4:28pm On Mar 08, 2020 |
JafunmiFX: It takes time. Don't rush it. This is my 3rd or 4th year after I started entirely new to it. That's not long at all but I can definitely tell you I have improved over time. And gotten better over time. It only gets better. Trick is you will likely lose money when you start out.. Even after success on demo.. But don't lose much before you gain consistency. So even after success on demo.. Start with small live accounts. |
Re: Forex Trade Alerts: Season 20 by Nobody: 4:33pm On Mar 08, 2020 |
JafunmiFX: If you find a buy setup.. With a favourable RRR to the zone. You can go for it. It's likely the zone will be tested. But it's barely 30 pips from the area already except you are trading 15 minutes chart or something. |
Re: Forex Trade Alerts: Season 20 by JafunmiFX: 4:38pm On Mar 08, 2020 |
PipMarshall: Thanks for your input boss.. I don't really like demo trading, I opened a live account and I deposited 5usd as tuition fee, I no time I don blow am (lol)...I'm planning to pay another tuition after my exam, I think it will make me more serious about learning quickly I want to know this thing before I finish school, no job for this country |
Re: Forex Trade Alerts: Season 20 by JafunmiFX: 4:40pm On Mar 08, 2020 |
PipMarshall:I don't really have a tf for taking trade...I check on from 4hr to LTF to get better entry |
Re: Forex Trade Alerts: Season 20 by harizonal123(m): 4:58pm On Mar 08, 2020 |
Quote of the week There are two types of traders: 1. Those who are humble. 2. Those who will be humbled 4 Likes |
Re: Forex Trade Alerts: Season 20 by signalsmedia: 6:41pm On Mar 08, 2020 |
Happy Sunday guys 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 7:28pm On Mar 08, 2020 |
Alright.. I will do EURAUD next. A major clearly defined trading opportunity for the coming week has presented itself. |
Re: Forex Trade Alerts: Season 20 by Nobody: 7:53pm On Mar 08, 2020 |
Here.. I have talked about how EURAUD has significant upside to it. And I have not changed my opinion. We can see that breakout on the Monthly after months of consolidation. And I think it's headed for the purple zone which is 61.8 retracement level. However.. The past week, we had the formation of a hanging man. Which can be taken as a suggestion that the pair is about to retrace. And test the area of consolidation it broke out from. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Nobody: 7:59pm On Mar 08, 2020 |
When we check the daily.. We saw how Friday's candle is a pinbar. That's is a bearish signal. If Monday's candle is black.. You can as well just short at the close of the candle. When we look at the four hour chart.. It even becomes more interesting.. We see what looks like a double top being formed.. That gives us a measured objective of where we can look to take profits (the purple line). Conservative traders can however take profits at the green area. It also gives us an area of confirmation for an entry. If the double top forms.. At the break of the neckline.. Conservative traders can go short. Very Aggressive traders, however, can go short after spread normalise at market open. Ordinarily aggressive traders will wait for a black candle on Monday. 2 Likes
|
Re: Forex Trade Alerts: Season 20 by Nobody: 8:43pm On Mar 08, 2020 |
I must add, though, that it's best to wait for the double top to form and the neckline to be broken.. Aud is not a reliable currency to buy these days. |
Re: Forex Trade Alerts: Season 20 by Nobody: 10:12pm On Mar 08, 2020 |
Gaps everywhere. That euraud setup probably invalidated by the gap. 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 10:22pm On Mar 08, 2020 |
PipMarshall: When I said wuruwuru to the answer.. Anyway.. Anyhow.. All that matters is price reaching the target. Market open at around 1.3550 See how 1.3320 became support. 1 Like
|
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 10:22pm On Mar 08, 2020 |
Gbpjpy buy@136.380 Tp 137.000 Sl 136.000 |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 10:29pm On Mar 08, 2020 |
Tp hit 3R. saxy4c: |
Re: Forex Trade Alerts: Season 20 by Nobody: 10:34pm On Mar 08, 2020 |
PipMarshall: GBPNZD is another one that has gone to the target. And even surpassed it in this case. There could be retracements here and there but GBPNZD remains poised for significant upside. It has one way to go in the long term. And that's UP. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Nobody: 10:39pm On Mar 08, 2020 |
PipMarshall: Not yet time to post charts for these. We still have a long way to go.. Down is the way for XXXJPY. When your system says sell.. It's likely to be correct. I leave you with EURJPY chart. We should see 116 and even lower. 1 Like
|
Re: Forex Trade Alerts: Season 20 by Nobody: 10:42pm On Mar 08, 2020 |
It's like I said.. For the present market conditions. Be more inclined to your setups that say you should buy safe havens. If you would be selling them.. Make sure you are really sure. The safe havens.. JPY.. GOLD, CHF. Also.. AUD .. NZD.. CAD... Before buying be very sure.. Especially with the economic slowdown associated with the coronavirus. 1 Like |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:05pm On Mar 08, 2020 |
Second entry up 280pips 9R close. And wait for buy again. saxy4c: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:08pm On Mar 08, 2020 |
Buy Gold 1690 SL 1687 TP 1740 |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:26pm On Mar 08, 2020 |
SL hit -1R. Would look for setups at morning. saxy4c: |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:26pm On Mar 08, 2020 |
Oil eh!! at 32$.. Is Nigeria gonna survive it? And from the look of the chart, looks like its gonna drop to $25!! Anyways..wishing us all a pipful week ahead. 1 Like |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:29pm On Mar 08, 2020 |
Selling Gold 1692 SL 1694 TP 1640. Great week to us. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:42pm On Mar 08, 2020 |
SL hit, dont buy Gold, I'm taking a final sell 1695 SL 1699 TP 1675. It should fall at Asian as long as price closes below 1700. |
Re: Forex Trade Alerts: Season 20 by fucc12: 11:52pm On Mar 08, 2020 |
fucc12:Falling like rain |
Re: Forex Trade Alerts: Season 20 by Sunnycliff(m): 12:07am On Mar 09, 2020 |
Russia have destroyed the oil market. Many oil traders will definitely file for bankruptcy. Crude oil is less than $35 . This is too bad for many oil dependent nations like Iran, Iraq, Venezuela and Nigeria. Even Saudi Arabia is in trouble. Many oil traders who escapes suicide this day will be those with stop losses , because hedge funds are in deep poo now. Global economy is set to suffer another recession. All thanks to Coronavirus 1 Like |
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 12:26am On Mar 09, 2020 |
How can one remain sane with this kind market |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 12:30am On Mar 09, 2020 |
Sunnycliff: It's an insane market situation. One really need to plan how to survive In the midst of it all. Oil will go back up there. I was surprised it can retest the 20's again. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:44am On Mar 09, 2020 |
Ok got a 5M close at 1700 Gold is now a buy at 1698 Tp 1730 Sl 1694 saxy4c: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:46am On Mar 09, 2020 |
Here are setups to look out for this week. EURUSD Keep an eye on this line. Under this, eurousd sell for 200 pips. Top 1500.1520 area. Dont buy eurousd. Just wait for sell spot. Euro interest rate decision in this week. And they can cut rates. So euroxxx can fall badly. GBPUSD Gbpusd top 1.32. If hold then down again for retest broken trend line. And again upto 1.35+-. 1.32 is top t for now. USDCHF Usdchf on weekly support. Already oversold. More chances it can hold support. And go up. Must see price action. USDCAD. Weekly resistance touched. And overbought already. Me, I'm expecting down next and retest of broken trendline. GOLD For gold, I drew this one yesterday. Top 1700. I'm only looking for sells, this up move is fake, I know when this lady wants to play me When I see other high probability setups, I'd be back.
|
Re: Forex Trade Alerts: Season 20 by WildChild00(m): 12:47am On Mar 09, 2020 |
Re: Forex Trade Alerts: Season 20 by situations: 12:51am On Mar 09, 2020 |
. |
(1) (2) (3) ... (186) (187) (188) (189) (190) (191) (192) ... (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
(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. 37 |