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Forex Trade Alerts: Season 18 - Business (25) - Nairaland

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Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 12:41am On Feb 13, 2018
teejaysmarty1:
OIL ATR @ 6044.12 ish area

142 pips

Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 12:44am On Feb 13, 2018
teejaysmarty1:
GBPAUD DAILY bounce up around 17,621.22

26 pips

Re: Forex Trade Alerts: Season 18 by redsox11: 7:05am On Feb 13, 2018
redsox11:
1 trade left on U/jpy. Scouting U/C. Was out breakeven the last time. Moving with the flow.
USDCAD to breakeven, free trade now. No dilly dally, sweaty palms, wishing and praying for price to move in your direction.
USDJPY, can you hold out for few days? most won't.

Re: Forex Trade Alerts: Season 18 by redsox11: 8:01am On Feb 13, 2018
Brokers' stats show that retails traders enter in the correct direction in 60% or the cases. So why do they lose? Their loss are twice bigger than their gains. "They lose more money on their losing trades than they make on their winning trades."

Cut Your Losses Early, Let Your Profits Run. When your trade goes against you, close it out. Take the small loss and then try again later (allow price to move away from that area, saves you from getting trapped in a ranging market).

It is better to take a small loss early than a big loss later. When a trade is going well, do not be afraid to let it continue working. You may be able to gain more profits.

Do more of what is working and less of what is not – but it runs contrary to human nature. We want to be right. We naturally want to hold on to losses, hoping that “things will turn around” and that our trade “will be right”.

Meanwhile, we want to take our profitable trades off the table early, because we become afraid of losing the profits that we’ve already made. This is how you lose money trading.

When trading, it is more important to be profitable than to be right.

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Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 8:08am On Feb 13, 2018
USDJPY DAILY ATR @ 10,796.5
Re: Forex Trade Alerts: Season 18 by Nobody: 8:09am On Feb 13, 2018
This is for educational purposes, if it doesn't fit your learning curve or strategies, just pass.
This is to show how important some LEVELS ARE, ( STRONG PIVOTS combined with SUPPLY_DEMAND with bollinger, that's what i use) no matter which tf you trade. many of us just trade blindly, losing pips unnecessarily, entering the market when those that can push the market are out already living us in the hands of cunny brokers.

The most difficult thing in trading is knowing the direction of trend or direction of entry. That is where the money is whichever pairs we trade.

Fx is very difficult to trade because we are not institutional traders. So why disturbing your self to trade as institution traders?
Why cant us just be patience study to see what the big players are up to and strategically follow them? If you have screen time, you will be amazed, even during high impact news how price spike and touches those levels few seconds before and after the news, and the big players are out already living many of us to gamble with brokers. We can be like them by following them even if we swing trade and our entries can even be in 1min ( noisy right?, tell that to those who trade on 10-100lots per trade but you may not know what you save in risk reward ratio and how you can make more with that, by adding positions (another money making idea) you are out when others are planning to enter market).

To start with, get a strong levels that can make some positive differences. the higher the level,( weekly/monthly) the stronger you see strong reversal. Study those levels and see what prices do around that. Be patient and trade less. If you are a newbie reading this, better start with just a pair, after all, consistent money is all that we need.
Below are some of the levels personally analysis. You can learn one or two things there.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 18 by Nobody: 8:11am On Feb 13, 2018
Then the bigger pictures of what happened on 1hr, you will see that a small trend generates to higher one.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 18 by Nobody: 8:18am On Feb 13, 2018
Even as day/swing trader, you should always know what can cause a reversal and false breakout @mrikay... There are some times, that we just need to see what price will do first.
Interesting thing is that if you are on lower tf, like 1min, i always laff when i see price reactions on those higher levels. The rapid movements will surprise you, serious fight between counter trade ( buyers and sellers) because a lot of big players put pending order that is activated immeadiately and you see rapid movements. It happened on my cable trade on thursday, and guess what, the sellers won because it was an area of monthly supply.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 8:40am On Feb 13, 2018
@ priceaction. A very good analysis. Always look @ the bigger picture(TF) to look for trades on smaller picture(TF). it cant be simple more than that.Absolutely spot on!

EURJPY ATR @ 13,264.5
Re: Forex Trade Alerts: Season 18 by Nobody: 9:29am On Feb 13, 2018
happening now on eurusd to butress my points

1 Share

Re: Forex Trade Alerts: Season 18 by Nobody: 12:11pm On Feb 13, 2018
teejaysmarty1:
@ priceaction. A very good analysis. Always look @ the bigger picture(TF) to look for trades on smaller picture(TF). it cant be simple more than that.Absolutely spot on!

EURJPY ATR @ 13,264.5

thats the summary bro
Re: Forex Trade Alerts: Season 18 by Feshizzy(m): 1:29pm On Feb 13, 2018
priceaction:


thats the summary bro

Your analysis is top notch sir,
Always well respected!!
The apb/Heikin-Ashi do help filters some noise in chat.
Thumbs up

1 Like

Re: Forex Trade Alerts: Season 18 by Fxwarrior: 3:23pm On Feb 13, 2018
Fxwarrior:
ALERT:

GBPAUD buystop @ 1.7700
Stop Loss @ 1.7600
Target @ 1.7900

Triggered.
Re: Forex Trade Alerts: Season 18 by Shevychen2: 5:30pm On Feb 13, 2018
Anyone else watching UJ at its current level? I am already in with a 100 pips SL. If it breaks below 106.50 then maybe time to mobilise for 102/100.

Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 8:21pm On Feb 13, 2018
Shevychen2:
Anyone else watching UJ at its current level? I am already in with a 100 pips SL. If it breaks below 106.50 then maybe time to mobilise for 102/100.

I bought it @ 10,763(double bottom on weekly and 15min TF) now @ 8 pips profit. But i see its just for a short term.
The monthly(trendline broken) is sell, weekly is sell, daily is sell. we will need the help of the trading gods to push it up further up!
Re: Forex Trade Alerts: Season 18 by Nobody: 8:53pm On Feb 13, 2018
Shevychen2:
Anyone else watching UJ at its current level? I am already in with a 100 pips SL. If it breaks below 106.50 then maybe time to mobilise for 102/100.
Bro, from that your chart, it just completed short buy reversal, making it likely difficult to go up as am thinking. Breakout may be seen soonest if the candle remain like that.
Re: Forex Trade Alerts: Season 18 by Nobody: 9:34pm On Feb 13, 2018
Possible swing buy..
EURCHF Daily.

Re: Forex Trade Alerts: Season 18 by Nobody: 9:37pm On Feb 13, 2018
Gold 4hrs

Re: Forex Trade Alerts: Season 18 by redsox11: 9:47am On Feb 14, 2018
Flat now on Usd/Jpy , no fancy R:R though as my initial stop was close to 33pips.
Usd/Cad won't just fall. I will sit on my hands now and wait for another ride.



redsox11:
USDCAD to breakeven, free trade now. No dilly dally, sweaty palms, wishing and praying for price to move in your direction.
USDJPY, can you hold out for few days? most won't.

Re: Forex Trade Alerts: Season 18 by mrikay: 1:33pm On Feb 14, 2018
Big thank You to Price Action for this timely information.... I will need to read and reread this and then find how to marry it with my trading style.

Thanks Boss!
Re: Forex Trade Alerts: Season 18 by Nobody: 6:04pm On Feb 14, 2018
EURGBP 4hrs

Re: Forex Trade Alerts: Season 18 by slegerman(m): 6:12pm On Feb 14, 2018
Hello Bosses in the house,
Can you recommend any good ECN/STP broker based on your experiences.
I intend starting with $2,000 or more but definitely less than $5,000
I have search reviews online and I can't make up my mind.
Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 7:41pm On Feb 14, 2018
AUDUSD for a bounce back downwards around 7905.85 ish.
Re: Forex Trade Alerts: Season 18 by teejaysmarty1: 7:41pm On Feb 14, 2018
slegerman:
Hello Bosses in the house,

Can you recommend any good ECN/STP broker based on your experiences.

I intend starting with $2,000 or more but definitely less than $5,000

I have search reviews online and I can't make up my mind.

I recommend IG
Re: Forex Trade Alerts: Season 18 by slegerman(m): 7:49pm On Feb 14, 2018
teejaysmarty1:

I recommend IG
Thank you boss. Will check them out
Re: Forex Trade Alerts: Season 18 by Nobody: 9:22pm On Feb 14, 2018
PIPnator:
Possible swing buy..
EURCHF Daily.


EURCHF triggered. Lets see what happens.

USDCAD sell also,.. wink wink


Gold bleeped me. I posted gold trade call yesterday. I thought the trendline/resistance will hold when it didnt break after 3 candles close. Only to wake up to my SL hit. It actually bleeped me 2 times, i waited for a pull back and then bought, only for the news to mess me up again. I had to remove the gold chart from my watchlist.

With these 2 trade and another 2 running, iv recovered the loss..

Re: Forex Trade Alerts: Season 18 by Nobody: 9:31pm On Feb 14, 2018
Possible buy on CHFJPY..

Daily and 4hrs chart.

Re: Forex Trade Alerts: Season 18 by Nobody: 9:43pm On Feb 14, 2018
EURNZD Weekly and daily....

1 Like

Re: Forex Trade Alerts: Season 18 by redsox11: 2:20am On Feb 15, 2018
PIPnator:
Possible buy on CHFJPY..

Daily and 4hrs chart.
Pipnator good work, nice and clean charts.
Re: Forex Trade Alerts: Season 18 by Nobody: 4:05am On Feb 15, 2018
redsox11:
Pipnator good work, nice and clean charts.
thanks bro..Appreciate.



chfjpy sold for 50pips, in readiness for the buy later.
See as the thing miss my tp just 3pips shocked shocked

1 Like

Re: Forex Trade Alerts: Season 18 by otarunero2015(m): 10:47am On Feb 15, 2018
priceaction:
This is for educational purposes, if it doesn't fit your learning curve or strategies, just pass.
This is to show how important some LEVELS ARE, ( STRONG PIVOTS combined with SUPPLY_DEMAND with bollinger, that's what i use) no matter which tf you trade. many of us just trade blindly, losing pips unnecessarily, entering the market when those that can push the market are out already living us in the hands of cunny brokers.

The most difficult thing in trading is knowing the direction of trend or direction of entry. That is where the money is whichever pairs we trade.

Fx is very difficult to trade because we are not institutional traders. So why disturbing your self to trade as institution traders?
Why cant us just be patience study to see what the big players are up to and strategically follow them? If you have screen time, you will be amazed, even during high impact news how price spike and touches those levels few seconds before and after the news, and the big players are out already living many of us to gamble with brokers. We can be like them by following them even if we swing trade and our entries can even be in 1min ( noisy right?, tell that to those who trade on 10-100lots per trade but you may not know what you save in risk reward ratio and how you can make more with that, by adding positions (another money making idea) you are out when others are planning to enter market).

To start with, get a strong levels that can make some positive differences. the higher the level,( weekly/monthly) the stronger you see strong reversal. Study those levels and see what prices do around that. Be patient and trade less. If you are a newbie reading this, better start with just a pair, after all, consistent money is all that we need.
Below are some of the levels personally analysis. You can learn one or two things there.


Someone should just have faith in mY future on this thread and decide to mentor me for free am on my way to raise trading capital. I would like to start live trading in at lieast six months
Re: Forex Trade Alerts: Season 18 by Nobody: 11:11am On Feb 15, 2018
EURGBP i posted earlier, likely to trigger.


Likely price action for NZDUSD and EURUSD. Im looking at a sell but if the resistance breaks, then I look to buy.
***Apply serious caution here, some news are coming out later. Dont know how price will react.

NZDUSD daily.

EURUSD daily.

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