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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (560420 Views)
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 7:32pm On Oct 11, 2020 |
i'm anticipating price get to 125.276 in which i will be selling and looking towards price breaking out of the wedge and tp at the blue zone 1 Like
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 7:39pm On Oct 11, 2020 |
if u look at the price here it has being forming lower high and lower low i was thinking price will invalidate the movement last week with the way the market was doing anyhow but it closed as a price rejection at the support turned resistance i will be looking to sell from that zone at the market opening and where i marked will be tp 1 Like
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 7:42pm On Oct 11, 2020 |
GBPUSD im thinking price will move up and close inside the channel with a price rejection i would have love to explain my reason for stating so but it will be too lengthy i hope it goes the way i think 2 Likes
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 7:52pm On Oct 11, 2020 |
AUDJPY i will be entering this base on the close of the candle by 2 if it close above that zone it will be invalidated but if it close below the zone i will be entering it i want to keep this here so that i will come and look at my kalokalo analysis later 2 Likes
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Re: Forex Trade Alerts: Season 20 by goldenpatty: 8:15pm On Oct 11, 2020 |
forendals:Thanks a lot , this will help |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 8:24pm On Oct 11, 2020 |
hidhrhis: Good analysis bro. Let's keep the thread moving. 1 Like |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 8:26pm On Oct 11, 2020 |
hidhrhis: We don't mind sir as long we can learn |
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 8:48pm On Oct 11, 2020 |
WallStreetfx:bro im just a learner,learning from all the bosses here. |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 10:14am On Oct 12, 2020 |
WallStreetfx: Selling NZDCAd 30 pips sl , Tp open |
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 11:48am On Oct 12, 2020 |
looking at this GBPCHF there is a symmetrical triangle in there in which it is still playing inside the triangle i use to think that since it is an ascending symmetrical triangle it will be breaking up and if it is a descending symmetrical triangle it will be breaking down based on what i read in books but i later realize that both the ascending symmetrical triangle and the descending symmetrical triangle can break anywhere they like and another way i use to assume where the triangle will break is to know the side receiving the pressure looking at this chart i realized that it is likely to break downward based on the fact the downward trend line is the side receiving the pressure though it is an ascending triangle how is it receiving the pressure? the price broke out of the triangle and some traders would have added position thinking the downward movement will continue but the price turned back and came to close as a price rejection which would have taken out there stops and by closing as a price rejection reading meaning to it means that sellers try to push the market out but met a resistance by the buyer who pushed it back up The sellers will go backup to add more fire power so as to break out of that zone and the more the pressure the more the buyers become weak and later give in to the sellers. either way the price will break it must invalidate the lower high and higher low on the chart please im posting this so as to checkmate what I've learnt for some time and keeping a diary for myself abeg im in for correction If the price did not go as stated dont use me laugh oo cos im still a learner im targeting 130 pips on this after break out 1 Like
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Re: Forex Trade Alerts: Season 20 by Nobody: 1:11pm On Oct 12, 2020 |
I I were to draw it, it is a symmetrical triangle and it could break either sided. I think it will break out to the north. TP 1935 buy 1854 symmetrical triangle is differ from ascend and descent. note |
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 1:18pm On Oct 12, 2020 |
Mrbillionaire:my bad i mean symmetrical triangle wasnt aware i wrote ascending triangle anywhere it breaks i will be waiting for it to do break out |
Re: Forex Trade Alerts: Season 20 by Nobody: 1:35pm On Oct 12, 2020 |
hidhrhis:ok 1 Like |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 2:02pm On Oct 12, 2020 |
WallStreetfx: Buystop 1.0860 Sl 40 pips Tp open |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:50pm On Oct 12, 2020 |
Buying Gold 1921 SL 1917 Tp 1950. Risky setup. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:55pm On Oct 12, 2020 |
Closing this with 30pips. Sell Gold 1924 SL 1928 tp 1905 saxy4c: |
Re: Forex Trade Alerts: Season 20 by meshpips(m): 3:21pm On Oct 12, 2020 |
saxy4c: Been selling since morning
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 3:33pm On Oct 12, 2020 |
NZDUSD sell will give a good RRR for those who trade the daily TF |
Re: Forex Trade Alerts: Season 20 by Nobody: 4:42pm On Oct 12, 2020 |
hidhrhis:it's broken out 27 pips already |
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 4:51pm On Oct 12, 2020 |
Mrbillionaire:yeah bro but i will wait till price close at 6 cos the first bullish candle close with a high volume and low price and with the way im seeing it,it may be a rejection tryna form cos the first bull candle closing as an invalid candle may be a trap i will be buying by 6 if it happens it close above it 1 Like |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 4:56pm On Oct 12, 2020 |
If after the donkey years you've been on here, your only contributions are reactionary and after the fact posts, then please try not to get me irked by mentioning me on such.. So we should all come here and post results of trades that you weren't confident to take but for some whip of good luck it turned out right and you now display your result. If the trade had gone against you, would you have made this silly comment? Ok, I also took the trade much earlier as well, but decorum allowed me to post my reentry which is also in profits and not just come on here to show results ![]() Unto what aim? meshpips: 2 Likes
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 6:07pm On Oct 12, 2020 |
Mrbillionaire:it closed outta it but the price rejection is a problem i was thinking if it will break out of the triangle and take out the 1.18871 or close at the same level but instead only rejected that point now the way im anticipating it, it is either it closed at the .18871 to validate my buy option or it moves to close inside the triangle again i think i will sit it out for now cos it seems more like a 50/50 chance to me right now whats ur opinion bro |
Re: Forex Trade Alerts: Season 20 by Nobody: 6:28pm On Oct 12, 2020 |
hidhrhis: Take a look at the daily timeframe, there was a rejection down there and is wave 2 and we are currently riding the third wave which is expected to shatter 1895.
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Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 6:41pm On Oct 12, 2020 |
Mrbillionaire:thanks bro but the thing still looks somehow to me maybe i will have to sit it out and observe how it will break it and by so doing learn some thing 1 Like |
Re: Forex Trade Alerts: Season 20 by highcurrent: 7:02pm On Oct 12, 2020 |
Mrbillionaire:the wave man, how do you see UJ, I think it is going for 101 on a long term it has been unable to close above 106 on the daily. besides there is downward trendline on the daily |
Re: Forex Trade Alerts: Season 20 by Nobody: 7:10pm On Oct 12, 2020 |
highcurrent: yes it's destined for south |
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 7:15pm On Oct 12, 2020 |
USDCAD, I think the price will retest the 1.299 - to 1.295 range once more.
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Re: Forex Trade Alerts: Season 20 by highcurrent: 7:31pm On Oct 12, 2020 |
Mrbillionaire:Alright man, thanks 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 10:20pm On Oct 12, 2020 |
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Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 11:46pm On Oct 12, 2020 |
Buying EURUSD. Decision was based on the price action pin bar rejection off a previous trend. And crossing of the 50 and 200 ema on the 4h tf. I may be wrong.
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Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 11:49pm On Oct 12, 2020 |
IMAliyu:Yeah I but I place a buy stop to reduce my risk on d trade, also audnzd |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 11:51pm On Oct 12, 2020 |
hidhrhis: I think it is retracing because USd is very weak but I may be wrong |
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