ichidodo:
Yeah...Your friend is absolutely correct for the time being...The latest signal coming from that price action before close of market is a solid buy...

hidhrhis:

yeah im also of dat opinion but if u look at the way the bull and the bear are moving in the flag it may be a trap for the buyers cos anytime there is a bullish run the group of bear candles that move always engulf the bull candle and close below it by forming a new low

Pipsbasketings:
Stay glued here.
Remain active here.
Ask questions.
Read books, see videos
Backtest, demo trade
You need plenty of time and dedication

The beauty of this thread is that you have a huge diversity of traders with varieties of strategies and knowledge....so stay active.

@Kkins25, regarding the contestants' login details: the accounts are just 2weeks old, thus I don't see any benefit it will do; however, I will be able to share it only by the end of the contest - Dec 24.

ichidodo:
On the contrary, it's a trap for those going short as it has been flirting low so far, egging people to go short with no meaningful breakout or confirmation...The only clear -as daylight- signal is the multiple price rejections at four o clock to six o clock (GMT)...Then you go fundamental and see that the yen has been the best performer the past week (Rising covid-19 cases in the west and undecided US elections) And a strong yen is against the policy of BOJ-exports become expensive therefore there's a reduction in demand for Japanese goods which can be catastrophic for the fragile economic eco-system- and...So expect something dramatic this week against the yen from BOJ..

kkins25:
ok sure, a[b]ny one who wants the ebooks should just inbox[/b].. i think al brooks' books are the best books i have and the 3(which i have read only quarter way, because the man can talk too much) give elaborate detail on price action..ive read like only 3 chapters like 5 times now. i still feel ive missed something. Al brooks is awesome.
thanks for the tip sir..

IMAliyu:

Not unless you're leaving a trade to run for multiple days they are usually negligible.

And some brokers offer swap free accounts for people following strict religious rules.

kkins25:
ok sure, a[b]ny one who wants the ebooks should just inbox[/b].. i think al brooks' books are the best books i have and the 3(which i have read only quarter way, because the man can talk too much) give elaborate detail on price action..ive read like only 3 chapters like 5 times now. i still feel ive missed something. Al brooks is awesome.
thanks for the tip sir..

Crixxx:
Who knows where or how I can get the pivot point tool on my mt4 or do I have to calculate it manually?

IMAliyu:

Wouldn't that be the Fibonacci retracement tool?

Pipsbasketings:
Met half of my goal ($600.0) on my UCAD, will continue to ride until about Wednesday next week.

Pipsbasketings:
Still on my UCAD: I entered with the hope of gaining 200.0pips ish, equivalent to $600.0 profit, currently at 46.0pips; but, market has been a little bit ranging for 3days with extremely low volatility.

The close of today will determine if I should still expect my goal or not.

Analysis done in previous posts.

Pipsbasketings:
Update on my UCAD! Entered about 2days ago, still riding.
Price went -60.0 pips ish before making the anticipated move.

Pipsbasketings:
I added one more buy: total: 0.30lots - Time to close my lappy

Bye for now guys!

Pipsbasketings:
I entered UCAD instead, same as my outlook prove morning post.

IMAliyu:
Wouldn't that be the Fibonacci retracement tool?

hidhrhis:
There is another covid19 news which is making jpy pairs to misbehave
i don run before it hit me

Pipsbasketings:
Update on your EJ-Sell: This will be for learning purpose ONLY
From my previous analysis on your EJ-Sell (See quote below), No. 2 played out and you would have been trapped in a ranging market if you did not exit the trade.

I suspect EJ to range for 2-3 more days, except big news is released, which could then take it out of a ranging zone.

As for me, I avoid trading this type of market

jbutney:


where did you click to get this please. Been looking for it

Sunnycliff:
Natural Gas is headed TOWARDS 2.600

Donvic4u:


What are we to do with this now?

Cos it's not possible to enter again

Pipsbasketings:
Update on your EJ-Sell: This will be for learning purpose ONLY
From my previous analysis on your EJ-Sell (See quote out of a ranging zone.

As ading this type of market