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Forex Trade Alerts: Season 20 - Business (381) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Neroiam(m): 6:27pm On Jun 07, 2020
Three possible BUY positions on GU conforming with the extended 20, 50 & 200MAs inducing a change in trend. Price has broken a major resistance giving more confirmation.

NB: The market is currently above all three MAs used in this analysis.

Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 7:18pm On Jun 07, 2020
Neroiam:
Three possible BUY positions on GU conforming with the extended 20, 50 & 200MAs inducing a change in trend. Price has broken a major resistance giving more confirmation.

NB: The market is currently above all three MAs used in this analysis.

Why are you using Fibonacci expansion?
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 10:14pm On Jun 07, 2020
These are my trading bias for the week. If you need charts for any of them, just let me know:

GBP heavy bullish
EUR heavy bearish [just dont trade it with usd]
CHF bearish
JPY bearish
CAD heavy bullish [not surprised with OPEC news]
NZD bullish
AUD bearish [I'm not clear, he is behaving mad]
GOLD heavy bearish
SILVER even more bearish than gold
NATGAS bullish [I'm not friends with oyel again]

2 Likes

Re: Forex Trade Alerts: Season 20 by Neroiam(m): 10:18pm On Jun 07, 2020
Donvic4u:


Why are you using Fibonacci expansion?

To mark the extended area for a retest and a possible break to 141.4 FE or 161.8 FE. The fib ratio can also be used to mark point of trend continuation. But I've decided to use the extended MAs as you can see on the chart. They'll show give a perfect take off level. If you notice, I used the support/resistance lines as well.
Re: Forex Trade Alerts: Season 20 by Nobody: 10:21pm On Jun 07, 2020
I think gold is about to fly; wait for it to retrace 1670 and put SL at ,1660.

ABC correction on daily chart.
Re: Forex Trade Alerts: Season 20 by Nobody: 10:36pm On Jun 07, 2020
EU just completed the 5th wave on 1 HR TF bottoming at 1277 growth is expected, put SL at 1270, buy above 1277

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 10:56pm On Jun 07, 2020
Buy eurcad 5146 SL 5110

1 Like

Re: Forex Trade Alerts: Season 20 by mhillie(f): 3:30am On Jun 08, 2020
Alexis11:


I don't have access to the email I used to register again
Share your recent email address let me put you through.
Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 3:52am On Jun 08, 2020
PJAMES1:
GER 30.

DAX marches on, relentless, towards a new all time high.

This is essentially a fundamental driven bias. Been finding a way to get long positions into certain indices for a while. Bull market, most of them, until proven otherwise . But before the otherwise, I tend to believe DAX is going to make a new all time high.

A word of note here. If you're long indices. Don't over leverage. When they will drop.. It's going to be swift and sharp.

Bullish momentum is there. And I just want to buy the dips.

Trying at the grey area around market open provided I am satisfied with what I see.

We get a bullish candle on Monday?.. We march on.

I am long.
Stops below the liquidity base.
Not showing in the picture.
I hope it goes to plan.
I just need a bull candle today.

1 Like

Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 3:54am On Jun 08, 2020
PJAMES1:
USDJPY has room to run.

Despite the recent massive USD sell off. USD made substantial gains against the YEN. I expect a USD recovery against the other pairs. What I am saying is this: USDJPY should not see any significant drop any time soon.

We can clearly see a key structure level has been taken. And price has held above it so far.

What's next?
Probably a retest of the region.
If that holds.. We see the purple line.

The destination is clear : 111.70

A thing about the USDJPY is that when it moves, it moves. I once looked at the weekly chart and noticed it does not put in long wicks on the weekly. So I don't expect the pullback to go below that key structure level.

If I am not sure yet as to if it has found support.. There is a trick.. But I don't think I will resort to that.

Eyes firmly on the grey box. It's an area of interest. There are also liquidity bases there.

Word of caution. Everybody sees that key structure level. I won't be surprised if prices are manipulated around there to induce shorts, trap shorts and force out buyers.


I will show this one no mercy if it goes to plan. We wait to see. The idea is to stay sharp.


There is a risk of further retracement.
But I make an attempt here.
Stops some distance below the base.

1 Like

Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 3:56am On Jun 08, 2020
AUDUSD.
Didn't talk about this.

But I am just trying to work the ranges.
Slept off.. Missed my entry at the upper blue line. But RRR is still okay. Target is the lower black line. 0.6850 area.

Where I have to reevaluate.

1 Like

Re: Forex Trade Alerts: Season 20 by Ogboraph(m): 4:38am On Jun 08, 2020
Neroiam:
Three possible BUY positions on GU conforming with the extended 20, 50 & 200MAs inducing a change in trend. Price has broken a major resistance giving more confirmation.

NB: The market is currently above all three MAs used in this analysis.
since last week this was my trade and my target is 1.28000

2 Likes

Re: Forex Trade Alerts: Season 20 by Ogboraph(m): 5:41am On Jun 08, 2020
i just entered another buy. on EURUSD

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:24am On Jun 08, 2020
100pips up.

Selling Gold 1691 SL 1698 Tp 1666
Selling Gbpusd 2695 SL 2730 Tp 2570
saxy4c:
I'm buying Gold 1681 SL 1673 and holding over the weekend.
Re: Forex Trade Alerts: Season 20 by Ogboraph(m): 7:00am On Jun 08, 2020
Ogboraph:
JUst as predicted and plan the more it drop today the more i buy. for today only

AUDUSD

Re: Forex Trade Alerts: Season 20 by Neroiam(m): 8:56am On Jun 08, 2020
Monday 8, June 2020.

EURAUD --->SELL

EP: 1.61931
SL: 1.62470

TP: 1.60999�
Re: Forex Trade Alerts: Season 20 by Tonyfx: 8:56am On Jun 08, 2020
https://www.nairaland.com/5910811/coronavirus-new-zealand-wipes-out

This news is gonna give their economy a big boost grin grin
Re: Forex Trade Alerts: Season 20 by dasanchez1(m): 9:06am On Jun 08, 2020
Tonyfx:
https://www.nairaland.com/5910811/coronavirus-new-zealand-wipes-out

This news is gonna give their economy a big boost grin grin
FUNDAMENTAL NEWS grin grin

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 9:13am On Jun 08, 2020
Mrbillionaire:
I think gold is about to fly; wait for it to retrace 1670 and put SL at ,1660.

ABC correction on daily chart.

If only I had enough fund to trade gold, 1800 is sure, entry 1677 SL 1660
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:15am On Jun 08, 2020
I'm going to add sell if price gets to 1698
saxy4c:
100pips up.
Selling Gold 1691 SL 1698 Tp 1666
Re: Forex Trade Alerts: Season 20 by Nobody: 9:26am On Jun 08, 2020
Mrbillionaire:


This gold should hit 1670 if it closes below1723 today

Who remembers this post?
Re: Forex Trade Alerts: Season 20 by Faizee32: 10:14am On Jun 08, 2020
Please mind the blurry image... EURGBP H4 looks promising

Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 10:31am On Jun 08, 2020
Faizee32:
Please mind the blurry image... EURGBP H4 looks promising
head and shoulder pattern itis coming for a retest in which it will go short
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:33am On Jun 08, 2020
Today should be mainly corrections and the trend picks up from maybe tomorrow or end of USA/Asia. Session. Let's not get caught up in these retracements.
That's my view though.

Selling AUDJPY 76.45 for 200pips Tp
saxy4c:
These are my trading bias for the week. If you need charts for any of them, just let me know:

GBP heavy bullish
EUR heavy bearish [just dont trade it with usd]
CHF bearish
JPY bearish
CAD heavy bullish [not surprised with OPEC news]
NZD bullish
AUD bearish [I'm not clear, he is behaving mad]
GOLD heavy bearish
SILVER even more bearish than gold
NATGAS bullish [I'm not friends with oyel again]
Re: Forex Trade Alerts: Season 20 by KansiTower(m): 11:50am On Jun 08, 2020
kai e no go better for Gbpjpy oo
Re: Forex Trade Alerts: Season 20 by Gasive: 12:06pm On Jun 08, 2020
Neroiam:
Monday 8, June 2020.

EURAUD --->SELL

EP: 1.61931
SL: 1.62470

TP: 1.60999�

Bro, close this position right away.


@ Oga PJames1, I believe this is the right time to buy. smiley
Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 12:20pm On Jun 08, 2020
Gasive:


Bro, close this position right away.


@ Oga PJames1, I believe this is the right time to buy. smiley

No one is sure for certain.
He may be the right one.
That's where money management comes in.
Just follow your own plans and let money management do the rest.

1 Like

Re: Forex Trade Alerts: Season 20 by Gasive: 12:24pm On Jun 08, 2020
PJAMES1:


No one is sure for certain.
He may be the right one.
That's where money management comes in.
Just follow your own plans and let money management do the rest.

Alright sir. smiley
Re: Forex Trade Alerts: Season 20 by Neroiam(m): 12:27pm On Jun 08, 2020
Gasive:


Bro, close this position right away.


@ Oga PJames1, I believe this is the right time to buy. smiley

Lmao.. Me wey open am so, I nor know wetin i see?

I dey on 30+ pips profit laidis o

Re: Forex Trade Alerts: Season 20 by Gasive: 1:04pm On Jun 08, 2020
Neroiam:


Lmao.. Me wey open am so, I nor know wetin i see?

I dey on 30+ pips profit laidis o

I know you are good at what you do.

But my buy setup just took shape and I decided to notify a brother. smiley

That's why we're here. smiley
Re: Forex Trade Alerts: Season 20 by Gasive: 1:09pm On Jun 08, 2020
EurAud.

Let's see how it goes. smiley

1 Like

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