Markets have been slow this week. Currently Difficult to even squeeze out 30pips successfully from currency pairs.

Everywhere jus stand still

ogashman:
Markets have been slow this week. Currently Difficult to even squeeze out 30pips successfully from currency pairs.

Everywhere jus stand still

more like ranging.
you can easily squeeze out 50-70 pips and if you are a Player, you get to watch as you give everything back.

Market will move 40 pips in profit and will reverse back to my entry
i hope market wont continue this way next week

hidhrhis:
Market will move 40 pips in profit and will reverse back to my entry
i hope market wont continue this way next week

well it will make sense to think this week is accumulation and next week should expand

ZedFX:

well it will make sense to think this week is accumulation and next week should expand

i hope so

What a slow week!!!
The market is waiting for one thing alone. For DJT to concede.
Biden seems to have a solution to tackling Covid-19 and the markets accept that.
If you noticed, there was much movement, life came back into the market when it seemed Joe Biden was winning in the election.
I'm afraid if DJT does not concede over the weekend and the market sees nothing in that regard, there may be another week (next week) of less movement (Range market).
Good luck and a beautiful weekend to everyone.

This week did not favour me.
Hopefully next week is better.

In the meantime I'll be refreshing and relearning a few things over the weekend.

pipnator00:
What a slow week!!!
The market is waiting for one thing alone. For DJT to concede.
Biden seems to have a solution to tackling Covid-19 and the markets accept that.
If you noticed, there was much movement, life came back into the market when it seemed Joe Biden was winning in the election.
I'm afraid if DJT does not concede over the weekend and the market sees nothing in that regard, there may be another week (next week) of less movement (Range market).
Good luck and a beautiful weekend to everyone.

you see this is my problem with fundamentals.
very good analysis but I just can't factor it in.
if DJT poses a risk to the market, abi we should see a risk-off market, runs to safe-haven till the future becomes clear but here we are not knowing how the fundamentals is playing out.
I just can't patch things up.
the other day EU talked about aggressive easing in December, I didn't still figure it out, sad one

Lol
I still be learner o

giddy2019:

baba come and teach me this stuff nau

ILuvBreasts:
Lol I still be learner o

baba teach like that ooi

Pipsbasketings:
Detailed here: https://feedback.tradeinterceptor.com/knowledgebase/articles/392594-what-is-the-difference-between-market-makers-and-e

Thank you

ogashman:
Markets have been slow this week. Currently Difficult to even squeeze out 30pips successfully from currency pairs.

Everywhere jus stand still

IMAliyu:
This week did not favour me.
Hopefully next week is better.

In the meantime I'll be refreshing and relearning a few things over the weekend.

ZedFX:

more like ranging.
you can easily squeeze out 50-70 pips and if you are a Player, you get to watch as you give everything back.

About 150 pips banked and 180pips open trades still running. Different strokes for different folks

I quite agree with u....different stroke for different folks


I was only able to milk abt 70pips this week

ogashman:
I quite agree with u....different stroke for different folks


I was only able to milk abt 70pips this week

harizonal123:






About 150 pips banked and 180pips open trades still running. Different strokes for different folks

as it mean im also closing all my trade too and not let it run i would have banked close to 250 pips
besides u cant expect someone swinging trades to be closing trades anyhow even in profit and majority who had a bad week are swingers

Chai see men looking for 200pips. Me na only 10pips a day I dey find o

Thought I'd share this.
Found this channel on YouTube where the guy back tests different trading styles and strategies 100 times to get the win to lose ratio.
https://www.youtube.com/c/TRADINGRUSH

TAGM:


Please sir which broker would you advice one to use?

Fxpro is what I use and it's okay by me for now.

EURJPy on my watchlist for long

Pair: EurAud

Tf: 1hr

Trade bias:bullish

Trade bias parameters: ascending channel.

Price has kissed the bottom and top of the channel at least three times. So I expect price to rally back up the top of the channel when market opens

hidhrhis:




as it mean im also closing all my trade too and not let it run i would have banked close to 250 pips
besides u cant expect someone swinging trades to be closing trades anyhow even in profit and majority who had a bad week are swingers

Oga I didn't quote you and I'm not in any competition with u or anybody.... That is why I ended with that statement above. Beside I'm not a day trader. Ok?

WallStreetfx:
EURJPy on my watchlist for long

Draw a trend line from the LL to the HL

MrStealYourGirl:
Draw a trend line from the LL to the HL

Why?

Would have entered this trade once market opens but I'm just looking at the RSI.

Any one has an opinion? Atleast I could learn a thing or 2

harizonal123:


Oga I didn't quote you and I'm not in any competition with u or anybody.... That is why I ended with that statement above. Beside I'm not a day trader. Ok?

seriously i dont like the way u guys behave
it is a public forum in which ur statement can be quoted besides did i say im in a competition with u or anyone
im only expressing my opinion that only swing traders had a bad week based on the fact that they allow trades to run
i did not mean any harm or made the statement cos of any ulterior motive
remove the negativity and lets reason like men

Crixxx:
Would have entered this trade once market opens but I'm just looking at the RSI.

Any one has an opinion? Atleast I could learn a thing or 2

bro im still on my earlier sell
price reversed against me from the area i marked blue and came to test my initial entry
im hoping the sell continue cos the way the market his behaving
im even afraid to enter trade

hidhrhis:

bro im still on my earlier sell
price reversed against me from the area i marked blue and came to test my initial entry
im hoping the sell continue cos the way the market his behaving
im even afraid to enter trade

What happened to me on Friday had made me hold back... I might just wait for someother indication or I let it be... Well you have a cool entry there.

Crixxx:


What happened to me on Friday had made me hold back... I might just wait for someother indication or I let it be... Well you have a cool entry there.

i wanted to close it but i closed my eurjpy and chfjpy sell which later continued to sell so i made up my mind that if it close above my entry i will close it in small loss but it reversed when it got to my entry
i hope the journey continues downward

Crixxx:
Would have entered this trade once market opens but I'm just looking at the RSI.

Any one has an opinion? Atleast I could learn a thing or 2

I am looking at this one as well.
I similarly have a bearish bias. Not unless some fundamentals mess everything up.

I hope the divergence of the macd holds.

hidhrhis:

i wanted to close it but i closed my eurjpy and chfjpy sell which later continued to sell so i made up my mind that if it close above my entry i will close it in small loss but it reversed when it got to my entry
i hope the journey continues downward

Since I'm not in already, I'll wait for Monday then I will trade a pullback if it keeps moving downwards.

Crixxx:


Since I'm not in already, I'll wait for Monday then I will trade a pullback if it keeps moving downwards.

na qualms bro

My performance last week. Made me have to re-evaluate and adjust how I trade.
Hopefully I see improvements.

Still bearish on AUDUSD.