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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (561804 Views)
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Re: Forex Trade Alerts: Season 20 by Nobody: 6:19pm On Aug 23, 2020 |
AudJpy, Looking to buy. 4hr timeframe
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Re: Forex Trade Alerts: Season 20 by Nobody: 6:21pm On Aug 23, 2020 |
UsdChf, looking to sell. 4hr timeframe
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Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 6:28pm On Aug 23, 2020 |
EURGBP At times, they come in twos.. It looks like a buy to sell. The buy should come first. Entry area, invalidation and target for the buy which should come soon.. All on the chart. Then, the sell. Which should come later.
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Re: Forex Trade Alerts: Season 20 by Fxwarrior: 7:21pm On Aug 23, 2020 |
My Thoughts On Gold On the long term, gold should continue it's bullish run by September. But for this week, unless we see 1970, we would assume gold would be bearish this week reaching 18xx atleast. Wait for it. |
Re: Forex Trade Alerts: Season 20 by bodeskii(m): 7:38pm On Aug 23, 2020 |
Tonyfx: What invalidates the setup in your opinion? Just looking to learn ![]() |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 8:38pm On Aug 23, 2020 |
bodeskii: I've learnt that the best setups are always very obvious and from his analysis in picture 1, price formed a bullish pinbar just right on the retest of the previous swing high but in picture 2, you noticed that there is a support level just sitting on 79.59 Now I'm not saying its impossible for price to move up from that pinbar but I'd rather risk my money on a more dignifying setup that's why I said the setup is not worth trading for me. Hope you understand.
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Re: Forex Trade Alerts: Season 20 by Bornfool(m): 9:04pm On Aug 23, 2020 |
Tonyfx: Kudos bro ![]() 1 Like |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 9:25pm On Aug 23, 2020 |
Bornfool: Na small small na, that's why they say forex is a marathon and not a sprint ![]() |
Re: Forex Trade Alerts: Season 20 by bodeskii(m): 9:32pm On Aug 23, 2020 |
Tonyfx: Are you saying you would prefer a buy signal at the 79.60 level? If yes, why is that area a better buy zone than the level price is currently testing? |
Re: Forex Trade Alerts: Season 20 by Gasive: 9:39pm On Aug 23, 2020 |
bodeskii: U no sabi read?
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Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 9:42pm On Aug 23, 2020 |
GOLD Too early to say.. . A break of structure high, marked x, first, before price returns to the green line is a necessary prerequisite for the setup to be valid.
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Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 9:43pm On Aug 23, 2020 |
Have a great trading week. |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 9:44pm On Aug 23, 2020 |
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Re: Forex Trade Alerts: Season 20 by bodeskii(m): 9:53pm On Aug 23, 2020 |
Gasive: Lol.. u go ask question one day.. person go follow type this nonsense give you ![]() ![]() |
Re: Forex Trade Alerts: Season 20 by Gasive: 9:59pm On Aug 23, 2020 |
bodeskii: Lolx, no mind me jare. Oga Tonyfx, answer the question abeg, make dis guy no swear for me o. |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 10:06pm On Aug 23, 2020 |
bodeskii: Oga both area's are good but as for me I like shooting with a sniper and not machine gun. Meaning if I should buy from that pinbar and the market decides to retrace lower and form a buy signal again at 79.60 then I've lost 1R and would need to risk another 1R at 79.60. So I personally prefer to sit on my hands and wait for the market to come down to the 79.60 zone so I know I will only risk 1R in total but if the market decides to go up from the present pinbar without me on board, that's also fine by me because I know that there are always going to be other setups that will meet my criteria. 3 Likes 1 Share |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 10:27pm On Aug 23, 2020 |
Gasive: Lolx nor worry he nor go swear for you. ![]() Ok bodeskii, let me give you this example, if I should take you into a forest and give you a rifle containing just 5 bullets and tell you to hunt birds. You obviously won't shoot at any bird that flies past you, will you?. But rather will be taking your time to look for easy kill probably a bird that has perched and is even distracted that's what you would likely want to shoot. That's thesame way I trade, I like to look for easy/obvious setups (free money). But that requires extreme patience,discipline and courage. 4 Likes 1 Share |
Re: Forex Trade Alerts: Season 20 by Gasive: 10:44pm On Aug 23, 2020 |
Tonyfx: Lolx... Well said. 1 Like |
Re: Forex Trade Alerts: Season 20 by Icus1: 5:51am On Aug 24, 2020 |
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:00am On Aug 24, 2020 |
Buying gold 1934 sl 1928 tp 1980 |
Re: Forex Trade Alerts: Season 20 by bodeskii(m): 8:06am On Aug 24, 2020 |
Tonyfx: OK.. I get your point.. Thanks 1 Like |
Re: Forex Trade Alerts: Season 20 by bodeskii(m): 8:14am On Aug 24, 2020 |
Gasive: I don carry ur matter go meet elders last night.. Lol Them say mak i free you ![]() ![]() ![]() |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:28am On Aug 24, 2020 |
Buying chfjpy 116.05 Sl 115.75 Tp 116.85 |
Re: Forex Trade Alerts: Season 20 by Bornfool(m): 8:40am On Aug 24, 2020 |
Lets wait for price to break that wedge to decide whether we are gonna go for long or short on Audchf. Price has been consolidating in that wedge for months. Key support is still 0.6542
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:51am On Aug 24, 2020 |
Closing Gold buy with 120pips. SELLING GOLD 1946 SL 1950 TP OPEN saxy4c: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:04am On Aug 24, 2020 |
I'd adjust SL to 1952 to be safe from spikes. saxy4c: |
Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 9:43am On Aug 24, 2020 |
CHFJPY History, at times, foretell what is to come. Entry more refined in the last picture.
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Re: Forex Trade Alerts: Season 20 by Fxwarrior: 12:07pm On Aug 24, 2020 |
Fxwarrior: What is happening to gold at the moment might well be seen as a correction for now. For tomorrow or Wednesday, bearishness should be expected. If it's tomorrow, once 1925 is broken strongly, 18xx should be expected. Possible gold trade for tomorrow Gold sellstop @ 1925 Stoploss @ 1930 Target 1835 Wait for it. |
Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 12:12pm On Aug 24, 2020 |
GBPJPY Compression.
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Re: Forex Trade Alerts: Season 20 by PJAMES1(m): 1:14pm On Aug 24, 2020 |
PJAMES1: XAUUSD Validation Remains a return to outlined entry area.
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Re: Forex Trade Alerts: Season 20 by Bornfool(m): 1:35pm On Aug 24, 2020 |
PJAMES1: Bro do you enter with a valid double bottom on the lower timeframe? |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:35pm On Aug 24, 2020 |
60pips SL hit on this. Risky buying Gold 1945 SL 1942 TP open saxy4c: |
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