.

saxy4c:
Traders are some of the most psychologically abused craftsmen in the world walahi
I felt stupid yesterday, when I had a perfect plan for Gold, but traded the opposite and lost a few Rs. It gave me mind to stick to my plan today, and I don't regret it, lol

100%

AUDNZD buy 1.02590
SL 1.02200
TP : 1.0900

Interesting take.
Be safe guys.

PIPnator10:
Always painful when you miss this kind of move because you re already in a stupid trade.
Some crazy pairs will be giving you easy entry/confirmation, yet be abusing you emotionally with there 30pips +ve and 25pips -ve retracement.
Meanwhile the trade target is just maybe 100pips while GU just did 500pips in a jiffy. They end up wasting your days.

Just better to concentrate on better pairs

If that breaks easily.. There is danger and before any buy whatsoever.. Wait for a buy setup on at least daily timeframe.
This selling pressure is too much!!

I am now neutral GBPUSD

Closing this at 1590 and Selling with SL 1594 TP 1565

saxy4c:
Buying Gold 1589 SL 1586 Tp open

Of course it has long been posited that indices have a direct and relational effect on the forex markets, it's all interconnected. What affects one affects the other. Experts have been using this theory to predict trends and market direction. Me I'm not trading anymore till Monday. The markets just too volatile today my indicators are having validating my analysis of the market

infofirst:


Just better to concentrate on better pairs

Long throat no dey allow person especially when you see easy confirmation.

EURCAD.. @PipMarshall Thanks for the heads up.
We see how it goes.

EURCAD has picked the call...

Saxy4c

Support should become resistance.
Hopefully we get a decent retest and rejection.

PIPnator10:
EURCAD.. @PipMarshall Thanks for the heads up.
We see how it goes.

You are welcome.
Yeah.. We hope for the best.
How did you get an entry..

Waited so long only for one 15 mins candle to make RRR unsuitable for me.

Trade is up 120pips 4R closed.

saxy4c:
Sell limit EURUSD 1.1250 SL 1.1280 TP 1.1100

Closed at 1575 150pips 4R. I'm alright

saxy4c:
Closing this at 1590 and Selling with SL 1594 TP 1565

PipMarshall:

EURCAD has picked the call...

Saxy4c

Support should become resistance.
Hopefully we get a decent retest and rejection.

Some decent retracement. 15 mins tf.

Now.

Risky but RRR better..
Stops 1.5487

It has to hold..
That green line for us to be safe.
Price might test it properly.
It has to hold.

Else.. One chance

PipMarshall:


You are welcome.
Yeah.. We hope for the best.
How did you get an entry..

Waited so long only for one 15 mins candle to make RRR unsuitable for me.

Those 2 candle with the yellow arrows pointing towards them were my confirmation.
How ever I shouldnt have entered the lower trade.
I should have waited for at least a turncoat resistance.
Anyhow, will be monitoring the trade.

PIPnator10:


Those 2 candle with the yellow arrows pointing towards them were my confirmation.
How ever I shouldnt have entered the lower trade.
I should have waited for at least a turncoat resistance.
Anyhow, will be monitoring the trade.

Oh..
Thank you.

Even if this is a very useless pair, it is finally giving one joy with about 170pips, you have mind my brother to trade your style, entering way after I I would have entered, but i see you make less losses that way. Good work to you and the great @pipnator10. Una give me mind scarra

saxy4c:
I got stopped out on this -1R
Entered again with same parameters.
Pipmarshall still not picking your call?

Crazy pairs

See this one too..

saxy4c:
Even if this is a very useless pair, it is finally giving one joy with about 170pips, you have mind my brother to trade your style, entering way after I I would have entered, but i see you make less losses that way. Good work to you and the great @pipnator10. Una give me mind scarra

The break is my confirmation. More confirmation is retest and decent rejection.

One of the reasons I'm here unknowingly to a lot is that I also learn a couple of things. You've become my new indicator for knowing when to secure my rather aggressive entries and possible take a conservative reentry to increase the Rs. Ěsé ghán

PipMarshall:
The break is my confirmation. More confirmation is retest and decent rejection.

It seems @pipmarshal knows how to analyse the market very well.

Well done traders just new to this thread I will love to learn from you guys

A retest at the resistance looking for possible long on this

PipMarshall:

If that breaks easily.. There is danger and before any buy whatsoever.. Wait for a buy setup on at least daily timeframe.
This selling pressure is too much!!

I am now neutral GBPUSD

I dont see any floor until 1.22xx at least. Of course the market volatility will shake things around and give a 100-150 pips retracement here and there but still..

Sell USDCAD 1.3853 SL 1.3900 TP 1.3000
Buy AUDUSD 0.62750 SL 0.62400 TP 0.70000

PipMarshall:
Finally for today..

GBPNZD long setup.

The more green lines it takes, the more likely it will get to the purple line

This is probably the cheapest buy area for the maximum advantage if this setup is right.
It's also the most risky as it's like trying to catch a bottom. Fails most times. Plus there is not much of a confirmation.

I can't say anything with certainty now.
Maybe if it gets topmost green line..
I will be able to make mouth small..

My attention now goes back to GBPNZD which appears to be aligning with my model now..

If your system says buy..
Attempt it.

Always remember the best setups fail. So use money management principles.

Shevychen2:


I dont see any floor until 1.22xx at least. Of course the market volatility will shake things around and give a 100-150 pips retracement here and there but still..

I understand.
Thank you for the input.
The selling pressure is too much!!

Trading halted for the second time in a week.

Retail traders be careful.

This EUrusd really broke the 1st 2nd zones looking for it to break the 3rd to short it nicely

PipMarshall:
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.

ARRIVAL!!
0.6285
For those of us still learning to trade..
This is an interesting before and after.. Duly explained.
And with the steps of the execution explained here. We can pick a thing or two.

What's next for AUDUSD?

DOWN

There may be retracements here and there though.

peteregwu:
It seems @pipmarshal knows how to analyse the market very well.

I am only just trying.
A lot still to learn.
Still trying to get better.
We keep working hard.
We keep going.