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Forex Trade Alerts: Season 19 - Business (125) - Nairaland

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Re: Forex Trade Alerts: Season 19 by gigfx: 1:31pm On Jun 11
UsdCad is under consolidation, looking on the 4H TF. Where it brakes to will make me stay on the trade or quickly bail out

Re: Forex Trade Alerts: Season 19 by meshpips(m): 1:36pm On Jun 11
Looking at the H1 chart for USDCAD, it is very easy for the trained eye to see that ACCUMULATION is currently on-going.

What we are waiting for is the mark up.
Re: Forex Trade Alerts: Season 19 by gigfx: 1:54pm On Jun 11
EurNzd doing very good.

Re: Forex Trade Alerts: Season 19 by meshpips(m): 2:22pm On Jun 11
gigfx:
EurNzd doing very good.

Yeah, good work!
Re: Forex Trade Alerts: Season 19 by gigfx: 2:24pm On Jun 11
meshpips:

Yeah, good work!
Thank you boss.
Re: Forex Trade Alerts: Season 19 by jamace(m): 2:29pm On Jun 11
gigfx:


Anything can happen in forex, it's just a matter of time. A news can come out and change the direction in a minute. But at the moment the pair is very much bearish. And nobody can say it will turn at this point or that point.

Another thing is that it's depends on the time frame you are trading from sha.
Yes o. Over to Mr Market to do his thing. grin grin

1 Like

Re: Forex Trade Alerts: Season 19 by enolife2(m): 7:20pm On Jun 11
USDCAD

like I said last Friday that usdcad will have an impulse pulback toward 1.33330 to gather enough momentum ( strength ) for the expected long fall. right now it has show some sign of rejection waiting for sell signal on daily chart which will drive the price down 1.31130 support level
Re: Forex Trade Alerts: Season 19 by enolife2(m): 7:25pm On Jun 11
EURUSD

this pair is ready to go for jump ride to 1.14466 resistant level . buying at the current price will make more profit but remember to place stop lost below the support level at 1.12636 in case the market misbehave
Re: Forex Trade Alerts: Season 19 by enolife2(m): 7:40pm On Jun 11
EURNZD

This pair is trying to rise from all time fall on weekly chart. For that reason, there is a lot of resistance the price need to break. right now you need to follow the trending channel of you don't want to be thrown out of window. this pair is good for long term trader who have patient to wait for more profit. as of now the price is in tight position between 1.69929 resistant level and 1.72059 support level. If it successfully break this support level, the price will move to 1.74831 Resistant level
Re: Forex Trade Alerts: Season 19 by meshpips(m): 7:44pm On Jun 11
enolife2:
EURUSD

this pair is ready to go for jump ride to 1.14466 resistant level . buying at the current price will make more profit but remember to place stop lost below the support level at 1.12636 in case the market misbehave

sell from 1.1339 until 1.1260 before attempting to buy.
Re: Forex Trade Alerts: Season 19 by enolife2(m): 8:17pm On Jun 11
meshpips:


sell from 1.1339 until 1.1260 before attempting to buy.
If I was to sell, I will have sell at 1.3472 resistant level and close at 1.3243 support level. but since am not scalp trader, I don't trade against trend. anyway every traders always see the same market differently that is why some win and some lose. it is what the trading sweet
more pips bro

1 Like

Re: Forex Trade Alerts: Season 19 by maryjames9: 8:53pm On Jun 11
meshpips:


sell from 1.1339 until 1.1260 before attempting to buy.

shocked shocked shocked. Bros, EU is bullish right about now. Trading against it is not very advisable. A 79 pips against the bull is definitely an overkill for a pair that hardly do 60 pips daily. Just an observation.
Re: Forex Trade Alerts: Season 19 by redsox11: 9:47pm On Jun 11
maryjames9:


shocked shocked shocked. Bros, EU is bullish right about now. Trading against it is not very advisable. A 79 pips against the bull is definitely an overkill for a pair that hardly do 60 pips daily. Just an observation.
He is calling intra-day set up, not long term.

You can hold your long term sell while I do buy and sell inside of it. I was long on UC in one of my account since yesterday. Today I was looking for scalp long with pinpoint entry but I didn't get the entry signal on my scalping method BUT if you look at it from long term, it's saying sell. It doesn't stop me from taking long entries.
Re: Forex Trade Alerts: Season 19 by redsox11: 9:56pm On Jun 11
meshpips:


I have my own order book. (The extreme right column of the attached screen shot shows me the VOLUME ADJUSTED price. This is the most important thing to me).

This is my own creative edge (maybe in my mind's eye because person fit think say him dey shake palm tree otherwise na only him own head dey shake).


meshpips:
The screen shot above shows the volume analytics for NZDUSD.

The volume adjusted price is currently about 30 pips higher than the ordinary price.

This tells me that NZD will buy at least to 0.6634 and possibly higher.

The volume adjusted price acts as a price attraction point and shows the future of ordinary price.

NOTE: This concept was created by me from the scratch. You might never find such a concept in any book.

You should share the volume adjusted price for different pairs... Let us make this money lol grin

Piqued my interest. I'm a cheat , I want it all. Sound like something that will go hand in hand with what I do.

A quick question if you would allow me, say you have 50 entries with this, how many would work out for you?
Re: Forex Trade Alerts: Season 19 by meshpips(m): 11:42pm On Jun 11
redsox11:


You should share the volume adjusted price for different pairs... Let us make this money lol grin

Piqued my interest. I'm a cheat , I want it all. Sound like something that will go hand in hand with what I do.

A quick question if you would allow me, say you have 50 entries with this, how many would work out for you?

I watch just six pairs (EURNZD, EURUSD, GBPUSD, NZDUSD, USDCAD and USDJPY).

I can share the levels if anyone cares to try them out.

If I have 50 entries with this method, I expect 49.5 to work.

I could make a mistake with the entry level though (which will cause me some draw down) but in the final analysis, profit will be made.

2 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 4:16am On Jun 12
meshpips:


I watch just six pairs (EURNZD, EURUSD, GBPUSD, NZDUSD, USDCAD and USDJPY).

I can share the levels if anyone cares to try them out.
If I have 50 entries with this method, I expect 49.5 to work. ... I like that.
I could make a mistake with the entry level though (which will cause me some draw down) but in the final analysis, profit will be made.

Tempting... Yes I'm sure a lot of us can benefit from your levels. If you share here.

Some more questions if I may, know you don't have to answer some or any of the questions.

1) You watch six pairs but you can get level for other pairs if you want to?
2) Talking about drawdown, 40, 60 or 100pips drawdown?
3) but in the final analysis, profit will be made.. Same day or sometimes carry over to the next day?
4) 49.5 out of 50 entries , don't you think that's too high to attain?

Ps: I'm being really greedy now, but I could tell this will be great add on for me if it's got high accuracy.
As I've got a badass mean revision method.

Pps: I wonder why peeps are not asking you questions or they don't see the value, just maybe we have got more long term traders here.

3 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by wiconse: 8:03am On Jun 12
To be honest, I want to be like him. #Redsox11
Re: Forex Trade Alerts: Season 19 by coolvibes: 9:04am On Jun 12
redsox11:


Tempting... Yes I'm sure a lot of us can benefit from your levels. If you share here.

Pps: I wonder why peeps are not asking you questions or they don't see the value, just maybe we have got more long term traders here.
Yeah we're interested grin
@meshpips can you please shed more light on this?
Where do you get your volume reading from? Normal Mt4 data?
Re: Forex Trade Alerts: Season 19 by jazzdude(m): 9:09am On Jun 12
AK284:


Wrong
And I am out if it!!!

This should've been an amazing trade
You literally exited your buy at the low
Re: Forex Trade Alerts: Season 19 by jazzdude(m): 9:13am On Jun 12
coolvibes:

Yeah we're interested grin
@meshpips can you please shed more light on this?
Where do you get your volume reading from? Normal Mt4 data?

I'm specifically curious about the drawdown...49.5 out of 50 is short of magic.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by jazzdude(m): 9:18am On Jun 12
redsox11:
Yes but not easy.

Do you know, 95% of posters on this thread are not profitable traders? Yes, don't believe everything you see online hook line and sinker. Not being profitable is not a bad thing though but you've to work smart, not just hard. A lot of the profitable ones rarely post here anymore.

I wasted a lot of years learning ABSOLUTELY RUBBISH and trash, some I'm still try to unlearn. The fastest way to becoming a profitable trader is not going to youtube or some forex forum, it's finding someone that is profitable, that is willing to help you, to help you shorten your learning curve.

Going to youtube and forum will make you go through wasted years like so many of us did, and a lot of us are still not profitable till tomorrow shocked grin.

I think you should go stalk;
@JerryQ
@currentprice
@Shevchenko2
@infofirst
@femora007

Especially someone like JerryQ, if you can get him to dedicate his time and teach you, I tell you, you would've shorten your learning curve by 5-7 years. The problem is, they've got no incentive to teach you, so i don't know how you will go about it.

If and when I'm ready personally, I can get someone profitable within a year, if they put in the work. As you wouldn't have to learn rubbish and waste years to get the right info.

Ps: Please , I'm not asking you to go give anyone on here your money.

Would be great if you could actually guide us by telling us the concepts you believe we should learn and those we should discard. Just that alone could go a long way in shortening our learning curves.
Forex is quite frustrating, but we can't quit, we do it because we love it.

2 Likes

Re: Forex Trade Alerts: Season 19 by jazzdude(m): 9:27am On Jun 12
redsox11:




It seems you're cooking something interesting here. I particularly like the add on, it's the professional way of trading. I and my friends, call it dancing with the price. Something I need to learn and work on. Especially attacking sequence.

Ever heard of attack and rescue sequence? just asking.

I personally believe adding to trades or stacking is one of the best ways to actually make some real money trading. When you're right make money, when you're wrong, get out small.
When one gets profitable standard industry risk goes out the window. Why do brokers promote 1% risk? Because they make more money on spreads when you lose your account gradually and slowly.

1 Like

Re: Forex Trade Alerts: Season 19 by AK284(m): 9:56am On Jun 12
jazzdude:


This should've been an amazing trade
You literally exited your buy at the low


Yes, one of the lesson is follow your plan and analysis, nothing matters after that: gurus talk, cnn news ,cnbc opinions, alot of people here thought it still a down movement: although, it actually caught my stop loss
Re: Forex Trade Alerts: Season 19 by jazzdude(m): 10:24am On Jun 12
AK284:



Yes, one of the lesson is follow your plan and analysis, nothing matters after that: gurus talk, cnn news ,cnbc opinions, alot of people here thought it still a down movement: although, it actually caught my stop loss

classic textbook stop hunt.
Re: Forex Trade Alerts: Season 19 by gigfx: 10:28am On Jun 12
gigfx:
EurCad is about to sell.

Sold @ 1.50050
Stop loss @ 1.50855
Take profit @ 1.49255

Loss trade.
I will re-enter this trade if the current 4H TF candle close below 1.5060
Re: Forex Trade Alerts: Season 19 by Jlovin(m): 10:34am On Jun 12
meshpips:


Bro, I have only taken one course and it was from smbcapital (they do stocks not FOREX).

I have my own order book. (The extreme right column of the attached screen shot shows me the VOLUME ADJUSTED price. This is the most important thing to me).

Our ignorance is what the broker capitalizes on.

Taking courses might not really be the way. I know people that have taken some of the most expensive FOREX courses yet I can't see a commensurate increase in their profitability.

Most of the headway a trader makes in the course of this business will come by regurgitating thoughts about FOREX in your mind. Inspiration from the "divine" or spiritual realm plays a great role in determining ones success.

There is a big difference between scientific knowledge and revelational knowledge. The latter is what will really be of benefit to you. The former only makes you PROUD.

Revelational knowledge. The nail right on point
Re: Forex Trade Alerts: Season 19 by coolvibes: 11:22am On Jun 12
meshpips:




I can share the levels if anyone cares to try them out.
Please do boss. Seems like the anti spam bot blocked your last posts.
Re: Forex Trade Alerts: Season 19 by alphaNomega: 1:22pm On Jun 12
So far so good, men are doing well even though I have been unable to share any definite trade idea for two weeks now.

2 Likes

Re: Forex Trade Alerts: Season 19 by currentprice: 3:47pm On Jun 12
my fellow currency traders, how is the mkt?

grin grin grin

2 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by coolvibes: 3:55pm On Jun 12
currentprice:
my fellow currency traders, how is the mkt?

grin grin grin
Fine Boss smiley
Re: Forex Trade Alerts: Season 19 by currentprice: 3:58pm On Jun 12
before I go

if u can take the risk, oyel is due for pullback BUY

let go make money together or chop the beating together.

i am watching to buy at the next candle. hope it can fall below yelow to reduce my SL risk

Note; oyel still on downward trend so take your SL serious

grin grin grin

1 Like

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