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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (562140 Views)
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:21am On Jun 24, 2020 |
I'm selling Gold 1770 SL 1775 TP 1755 BE at 1765 break. I like to tell stories but stories in advance because I've lost a whole lot of Benjamins in the past to those who were professionals in showing past results and giving report card of price action that has already occurred. That's a major feature of scammers. Or they give plenty rubbish grammar or complicated calculation processes. Come, our forefathers traded forex with pen and paper oh. Did Gold take a pause at 1773? [then why do people keep saying bad about top/bottom pickers? ![]() Gold usually takes a rest of 100/200 pips after she has made a 500pips move like this from the 1720[these are things you learn in $1000 courses and they work, not those N50k kings that are only focused on the next isi ewu joint ![]() If you can just read through the process I outlined step by step on how to get here, you'd see that even Gold can be tamed once you can add a bit of sentimental analysis. And sorry, if you expect I leave my only job - trading, to mentor you for free or whatever amount I could very well get from executing a few trades, then you're being highly unrealistic. I've already written/charted out like 75% of how I trade on the pages of this season and it would benefit one to put in that little effort. But I am not a pro, I could very well be wrong on this call I just made, I only just try to put the odds in my favour. Approaching trading knowing you don’t know is very powerful. But approaching trading thinking you know is dangerous. saxy4c: saxy4c:
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:33am On Jun 24, 2020 |
Nice setup for CHFJPY.
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Re: Forex Trade Alerts: Season 20 by Neroiam(m): 8:27am On Jun 24, 2020 |
NZDJPY
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Re: Forex Trade Alerts: Season 20 by TheYoda: 8:31am On Jun 24, 2020 |
Gbpusd
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Re: Forex Trade Alerts: Season 20 by Nobody: 8:32am On Jun 24, 2020 |
saxy4c: You talk too much 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 8:39am On Jun 24, 2020 |
KingPipmarshall: Trade Lost. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:50am On Jun 24, 2020 |
40pips up, secure trades. saxy4c: |
Re: Forex Trade Alerts: Season 20 by Nobody: 8:55am On Jun 24, 2020 |
KingPipmarshall: Trade Lost. Should take another selling trade if there is price action at the fibs level. |
Re: Forex Trade Alerts: Season 20 by Neroiam(m): 9:06am On Jun 24, 2020 |
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Re: Forex Trade Alerts: Season 20 by Gramps: 9:10am On Jun 24, 2020 |
USDJPY retesting 50. Safe sell ![]()
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:12am On Jun 24, 2020 |
That was a sniper entry already too exposed on JPY, I for join. Anyone interested in GBPCHF Buy? Neroiam: 1 Like
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Re: Forex Trade Alerts: Season 20 by Neroiam(m): 9:16am On Jun 24, 2020 |
saxy4c: I'm not sure you wanna by against CHF rn tho ...that's rising wedge you got on GBPCHF, H4 Make ur SL jus dey under 61.8 FE to be safe. If it breaks it, then na hellfire that tin dey dig so oo ![]() ![]()
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:26am On Jun 24, 2020 |
As price failed to break that retest high, market looks better headed to the 2300s. You sell stop at 2470 and let's wait for a fall. saxy4c:
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:36am On Jun 24, 2020 |
I don't see CHF, USD, JPY, CAD and GOLD all being strong at same time. So which is the risk on risk off again na? I'm betting on USD AND JPY strength then CAD and CHF weaker. There is also a channel I see on your chart, buyers should bounce in around 1.0790 Neroiam: |
Re: Forex Trade Alerts: Season 20 by Aptitude09(m): 9:36am On Jun 24, 2020 |
Re: Forex Trade Alerts: Season 20 by Neroiam(m): 9:39am On Jun 24, 2020 |
saxy4c: Ehn.. chf sabi mumu |
Re: Forex Trade Alerts: Season 20 by TheYoda: 10:43am On Jun 24, 2020 |
TheYoda:The GU is in serious battle, no free ride at all there, at least for now.
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Re: Forex Trade Alerts: Season 20 by dasanchez1(m): 10:46am On Jun 24, 2020 |
saxy4c:At the bold, what's it all about? |
Re: Forex Trade Alerts: Season 20 by TheYoda: 10:52am On Jun 24, 2020 |
GN 4hr chart is looking interesting and setting up for some good trade for tomorrow, most likely, unless the bullish over run it. I'm looking for a bearish 4hr bold candle, to signify sellers coming in. My take is today will close bullish, and tomorrow will set up for sell, first don't be hero, wait for the 4hr candle to signify sellers coming in. For comparison, similar set up happened on GU just today. GN is just running a day late. For GU, price at critical point, rejection forming on trend line on 1h/4h , need to see seller or buyer over power the other to decide what direction. |
Re: Forex Trade Alerts: Season 20 by TheYoda: 10:54am On Jun 24, 2020 |
GU chart.
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Re: Forex Trade Alerts: Season 20 by TheYoda: 10:58am On Jun 24, 2020 |
USDJPY formed bearish outside bar on daily chart, was going to short it today ( 15min chart ) but the price action on it looks terrible, too many tiny candles and no momentum. |
Re: Forex Trade Alerts: Season 20 by TheYoda: 11:08am On Jun 24, 2020 |
Mentioned some pairs and where to look for bounce on weekly chart. I like wick bounce, targeting price to bounce off at the wick of previous candle (wick on weekly and monthly candle is good to look for bounce on ) " when you see it, you just don't jump in, you let the market give you some kind of confirmation " PinBar , Strong Bearish Candle Bearish outside bar Bullish outside bar Double top Double bottom Already gave idea here how to drill down from HTF to pick entry on LTF, with lower risk, tight SL with bigger reward. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:11am On Jun 24, 2020 |
I meant like very good catch on the entry, right on target, low drawdown as in the entry too bad ![]() dasanchez1: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:18am On Jun 24, 2020 |
Hit BE after hitting 1765 as planned. Selling GOLD again 1779 SL 1782 tp open. Like the first trade, move to BE after 50pips. She should begin to drop significantly from these 1777/79 levels. Buyers need to start taking profits and the greedy ones are about to be had ![]() saxy4c: |
Re: Forex Trade Alerts: Season 20 by TheYoda: 11:20am On Jun 24, 2020 |
Posted where to expect a bounce from on this pair during the weekend. 1) you see the bounce , 2) wait for confirmation 3) entry 4) entry 3 max to get it right 5) when you see the confirmation, you don't jump in, you still drill it down ![]() as you need your SL in the range on 7-20pips max, to allow for good reward. Did I hear you say , but how can I drill down after confirmation 4h candle, well a lazy way is find entry at the 23-50% retracement on the confirmation candle ![]() 1 Like
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:25am On Jun 24, 2020 |
Re: Forex Trade Alerts: Season 20 by TheYoda: 11:32am On Jun 24, 2020 |
Okay, yada yada , that's enough for 1 day. ![]() ![]() Enjoy !! 1 Like
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Re: Forex Trade Alerts: Season 20 by dasanchez1(m): 1:17pm On Jun 24, 2020 |
saxy4c:Thank you.. |
Re: Forex Trade Alerts: Season 20 by Neroiam(m): 2:13pm On Jun 24, 2020 |
TP @ 69.600 SL @ 68.390
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Re: Forex Trade Alerts: Season 20 by Bornfool(m): 2:19pm On Jun 24, 2020 |
TheYoda: I have a question let say I saw a confirmation candle on daily and I want to enter on 4hour with fibs let say price retrace to 23.0 for entry what is the idea place to set your stoploss? |
Re: Forex Trade Alerts: Season 20 by holuwajobar(m): 2:23pm On Jun 24, 2020 |
Gold is doing wonders
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:25pm On Jun 24, 2020 |
Second entry up 70pips. saxy4c: |
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