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Forex Trade Alerts Season 17 - Business (214) - Nairaland

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Re: Forex Trade Alerts Season 17 by redsox11: 10:27pm On Nov 29
currentprice:
as my policy on MM. if trade fail to move below breakout candle red arrow by market close. i use to close all my trade or reduce my exposure to the mkt.

that all.
grin
I like your real time analysis and trade. Maybe we should all work towards something like this , except you're scalping and have limited time.

No after trade posting of chart. Can we all do this though? Even if it's demo.

What do you guys think?

1 Like 1 Share

Re: Forex Trade Alerts Season 17 by orpeeh: 12:07am On Nov 30
redsox11:
I like your real time analysis and trade. Maybe we should all work towards something like this , except you're scalping and have limited time.

No after trade posting of chart. Can we all do this though? Even if it's demo.

What do you guys think?
let the analysis begin
Re: Forex Trade Alerts Season 17 by BullBearMkt(m): 7:53am On Nov 30
currentprice:
BullBearMkt,,,I am ready to re-sell crude oil. current candle and the next will likely confirm my bias to load south

grin grin grin
...you're absolutely correct, dollar strengthens since this week and causing oil to fall. However, fundamentals still favours oil's rally. I'm still in the trade & I expect a pullback to $54.95 any time soon.
grin grin grin grin grin
Re: Forex Trade Alerts Season 17 by currentprice: 11:06am On Nov 30
this is how the trade look like this morning grin

on a normal trade the pullback is not suppose to move above the candle that follow the breakout candle"the yellow arrow" . candle has been ranging around the yellow arrow candle so trade still good to hold on to.

1 Like

Re: Forex Trade Alerts Season 17 by redsox11: 11:14am On Nov 30
1hr and 4hr view.

Re: Forex Trade Alerts Season 17 by redsox11: 12:21pm On Nov 30
Took me out @Breakeven

Re: Forex Trade Alerts Season 17 by ipledge01: 12:31pm On Nov 30
currentprice:
don't know how to teach grin grin grin but would like to run small commentary on one of my strategy till i take this trade. pple will see how i chop my menu on crude oil

as my view above the pointed red candle is my breakout candle grin normally i don't use to do anything with such candle but i work my entry on either next or next candle. as it is now next candle continue falling,,,, this is good sign but because these candle length is long i will wait for possible pullback but the bullback must not take out the breakout candle red arrow. but it allow to almost cover the next candle green arrow.

note- sometimes the next candle may takes many candles to pullback to my reach. which may take next houly candle, 2 , 3 4 or even days to reach grin as i said pullback only allow around the green candle. if it goes to breach the red candle it turn back to BULL signal

grin grin

How about the white horizontal line? Where do you determine where you're looking for a breakout above/below. wink
Re: Forex Trade Alerts Season 17 by unamdi(m): 3:36pm On Nov 30
Pls guys how do i start this forex trading and which forex broker do you guys recommend because I read online that some manipulate your trade or hold your money. Abeg make una no vex if I digressed the thread. I just need some answers. Pls a response would be appreciated. Thanks
Re: Forex Trade Alerts Season 17 by currentprice: 4:34pm On Nov 30
update on the trade grin

the trade is not yet there until price move below the candle that follow the breakout candle red arrow and it can never turns bullish until the break-out candle taken out green arrow
grin

1 Like

Re: Forex Trade Alerts Season 17 by currentprice: 5:02pm On Nov 30
to achieve good bear coming in,,this levels green need to be broken down
grin

Re: Forex Trade Alerts Season 17 by Feshizzy(m): 5:26pm On Nov 30
unamdi:
Pls guys how do i start this forex trading and which forex broker do you guys recommend because I read online that some manipulate your trade or hold your money. Abeg make una no vex if I digressed the thread. I just need some answers. Pls a response would be appreciated. Thanks

It's very Okay to ask questions,
If you are new to the trade, I advice you to visit and live in babypips.com and click on "school" in other to fully understand the basics on the trade firstly,
But if you have gone through this stage already.
To find good broker just google the term "best forex broker review in 2017"
That way you read reviews and understand your brokers well enough,

Then the most important of all these is to find a suitable system to depost and withdraw with ease.

Cheers!!
Re: Forex Trade Alerts Season 17 by Tunderr(f): 6:22pm On Nov 30
I am loving it here now. Cleaner thread and alot to learn.
Re: Forex Trade Alerts Season 17 by Tunderr(f): 6:25pm On Nov 30
currentprice:
to achieve good bear coming in,,this levels green need to be broken down
grin
hopefully the fast move down is not a leg up for more buyer coming into the market.
Re: Forex Trade Alerts Season 17 by unamdi(m): 8:09pm On Nov 30
Feshizzy:


It's very Okay to ask questions,
If you are new to the trade, I advice you to visit and live in babypips.com and click on "school" in other to fully understand the basics on the trade firstly,
But if you have gone through this stage already.
To find good broker just google the term "best forex broker review in 2017"
That way you read reviews and understand your brokers well enough,

Then the most important of all these is to find a suitable system to depost and withdraw with ease.

Cheers!!
Thanks bro... I appreciate. But what would you suggest as a suitable system.. I am seeing plenty Fxtm online
Re: Forex Trade Alerts Season 17 by Feshizzy(m): 8:14pm On Nov 30
unamdi:

Thanks bro... I appreciate. But what would you suggest as a suitable system.. I am seeing plenty Fxtm online

System or Broker?
For broker, I believe I have already given you some heads up,
For system, Well for that, you have to slowly find your own path. But PA remains Key and King!
Re: Forex Trade Alerts Season 17 by unamdi(m): 9:09pm On Nov 30
Feshizzy:


System or Broker?
For broker, I believe I have already given you some heads up,
For system, Well for that, you have to slowly find your own path. But PA remains Key and King!
Okay... Thanks.. You are my go to guy from now on grin
Re: Forex Trade Alerts Season 17 by Feshizzy(m): 9:33pm On Nov 30
unamdi:

Okay... Thanks.. You are my go to guy from now on grin

Hehehe,
Thanks for the honours,
We do have very experienced members here who would be glad to help also.
Just get the basics right, no shorcuts.
In the end, you would be glad you did!

Cheers!
EF
Re: Forex Trade Alerts Season 17 by unamdi(m): 10:06pm On Nov 30
Feshizzy:


Hehehe,
Thanks for the honours,
We do have very experienced members here who would be glad to help also.
Just get the basics right, no shorcuts.
In the end, you would be glad you did!

Cheers!
EF
I seriously want to get the basics walahi.. U for put your mail on your profile for easy questioning so that I don't fill the thread with something else
Re: Forex Trade Alerts Season 17 by meshpips(m): 2:27am On Dec 01
ipledge01:


How about the white horizontal line? Where do you determine where you're looking for a breakout above/below. wink

This trader has asked an important question.
The white line seems to be the "datum", how do you determine where the white line should be placed?
Re: Forex Trade Alerts Season 17 by midps007(m): 8:51am On Dec 01
Dear profitable investors,
Please is there any one using the mobile mt5 platform? How is it compared to the mobile mt4?
Re: Forex Trade Alerts Season 17 by midps007(m): 8:54am On Dec 01
ehizmac:
Yesterday was all fun on GBPUSD sell.... Quickly got out before the tsunami news....wishing all a wonderful trading opportunities today...

Bros, IS this your mobile platform metatrader mt5 or mt4?
Re: Forex Trade Alerts Season 17 by wamiikechukwu(m): 11:55am On Dec 01
redsox11:
Took me out @Breakeven

What tool do you use to open or close your trade.
Re: Forex Trade Alerts Season 17 by incredibleace(m): 2:57pm On Dec 01
who bought cadgringringrin
Re: Forex Trade Alerts Season 17 by currentprice: 3:21pm On Dec 01
update

as i said earlier, the pullback that move above the candle that follow breakout candle red is not good sign. on a normal trade it doesn't suppose to. the trade is eventually bad embarassed , candle has move above the breakout candle blue, hope it close above it.. i call it backbone move.. so it has turns bullish grin grin going forward is to look for buy signal. i don't use to buy immediately but i buy at pullback any time within the blue box and all the money lost would be recover.
that how i play my game here

grin grin grin grin

2 Likes

Re: Forex Trade Alerts Season 17 by currentprice: 4:08pm On Dec 01
see how the candle closed grin how u seen such long candle over 2days? no

it can show now since it has break the back of the previous breakout candle to claim new breakout candle
grin

1 Like

Re: Forex Trade Alerts Season 17 by redsox11: 4:19pm On Dec 01
currentprice:
see how the candle closed grin how u seen such long candle over 2days? no

it can show now since it has break the back of the previous breakout candle to claim new breakout candle
grin


There's a lot of room to bank your profit or protect some. Good one.


incredibleace:
who bought cadgringringrin
Did you get in that drop?


wamiikechukwu:


What tool do you use to open or close your trade.
Market order, Pending order and trade manager to manage my trades.
Re: Forex Trade Alerts Season 17 by redsox11: 4:26pm On Dec 01
Was stalking this yesterday before I fell asleep and missed the trade.

Woulda enter first yellow line where there is red arrow down, and would have hit my SL. I'll re-enter again at the 2nd yellow line.

It's all repeat and rinse for me now. Just look for same formation and enter. Lose some, win more and advantage of having R:R on my side.


Ps: Similar formation to what I posted last time.

Re: Forex Trade Alerts Season 17 by redsox11: 4:53pm On Dec 01
Another pair. Same set up.... To be fair, wasn't looking at this at all though yesterday.
I don't want to be all talk, anybody can post "see what I missed". I'll try post some in real time next week as I take them.


Ps: Idea behind it, I look at daily and see how far out it has move. It's like a spring, sooner or later, it's going to snap back to mean.

Price travel far out, it always snap back to mean, it's dangerous if you don't know what you are doing as it's against the trend as at when I'm taking the trades.

Example, if you use bollinger band ( I don't use it), price always come back to middle of the band (which is the mean)

Re: Forex Trade Alerts Season 17 by BullBearMkt(m): 5:01pm On Dec 01
currentprice:
see how the candle closed grin how u seen such long candle over 2days? no

it can show now since it has break the back of the previous breakout candle to claim new breakout candle
grin

grin grin grin grin grin
Re: Forex Trade Alerts Season 17 by mercylicious234: 5:47pm On Dec 01
Re: Forex Trade Alerts Season 17 by mercylicious234: 5:52pm On Dec 01
meshpips:


This trader has asked an important question.
The white line seems to be the "datum", how do you determine where the white line should be placed?

I have not seen you on Liteforex social for a week now.
What happened?
Re: Forex Trade Alerts Season 17 by Futureinvestors(m): 9:02pm On Dec 01
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