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Forex Trade Alerts: Season 20 - Business (150) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Nobody: 10:53pm On Feb 23, 2020
AUDUSD

Still bearish..
At least for now..
Will watch what price does at the green level.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:28pm On Feb 23, 2020
Gbpnzd sell@2.04860Tp 2.03982 Sl 2.05480
Re: Forex Trade Alerts: Season 20 by Nobody: 11:28pm On Feb 23, 2020
perfect WVAP SET UP.

USJPY TO HIT 11204 TODAY. 56 MORE PIPS WAITING FOR GRAB.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:56pm On Feb 23, 2020
Funnily Gold closed exactly at the trendline at 1643, LTF TL though. I believe a lot of people would be in buys from that point, but is the market merciful to late entrants? Fundamentally with all the news of the weekend, GOLD should open with about 100pips up, but technically it needs a retrace. My stops are safe at BE anyway.Let's see what the market makers decide to do grin
saxy4c:
Trade at at 1614.5 and 1625 closed at 1647, 545 pips 27R!! This is how I recovery happens grin
In front of us in the midst of us trading and squabbling grin I'm taking Selling Gold 1547 SL 1550 TP open

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:03am On Feb 24, 2020
I failed grin The gap up was only 140pips not 100pips as expected, just shows that Gold has just been purely fundamentally driven recently, let's see how we can synchronize TA and FA on this lady
Selling Gold 1661 SL 1664 TP 1635.
saxy4c:
Funnily Gold closed exactly at the trendline at 1643, LTF TL though. I believe a lot of people would be in buys from that point, but is the market merciful to late entrants? Fundamentally with all the news of the weekend, GOLD should open with about 100pips up, but technically it needs a retrace. My stops are safe at BE anyway.Let's see what the market makers decide to do grin
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:06am On Feb 24, 2020
My jump buy on Friday on Gold just paid of in all accounts big time, no trading for today, a good way to start the week

2 Likes

Re: Forex Trade Alerts: Season 20 by Nobody: 12:09am On Feb 24, 2020
PipMarshall:
WTI..

Energy....

The direction is clear. And that is up.

But we may need to watch if price can correct downwards to the area of the lower lines. Where it's more easy to find an entry. There is also a tradeable setup to the area I ideally want to buy. And I actually shorted last Friday.

Well... Pure luck.. This is probably the most easy trade I ever been in.. Closed manually. grin grin

Now trying to watch out if long indicating price action will come up..

Re: Forex Trade Alerts: Season 20 by Nobody: 12:09am On Feb 24, 2020
Mad Monday!
Gaps everywhere!

1 Like

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:10am On Feb 24, 2020
Holidaying on Monday lols, but if the jump have gone against me, I will be losing 1 percent, as this was the risk I betted on.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:16am On Feb 24, 2020
SL Hit. 300pips on one 15M candle, Gold is back!!! We're most definitely seeing 2000 this 2020.
saxy4c:
I failed grin The gap up was only 70pips not 100pips as expected, just shows that Gold has just been purely fundamentally driven recently, let's see how we can synchronize TA and FA on this lady. Selling Gold 1661 SL 1664 TP 1635.
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 12:18am On Feb 24, 2020
shocked shocked shocked GAP ooo grin
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:20am On Feb 24, 2020
Jubilation everywhere
Re: Forex Trade Alerts: Season 20 by Nobody: 12:20am On Feb 24, 2020
PIPnator10:
Mad Monday!
Gaps everywhere!

It's scary..
I think I have to start closing positions Friday irrespective.
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 12:23am On Feb 24, 2020
Any hits on how to trade gold? buy or sell?
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:24am On Feb 24, 2020
GladmanGoddey:
shocked shocked shocked GAP ooo grin

That Gold in fact have closed the week targets for us, my eyes oh my eyes, best bet on gap prediction for a long time for us, we did not place trades on Gold on Friday, but two hours before closing, after much analysis, when I got back from queries, we placed all buy and risking 1 percent, thanks to that, jubilation and closed for Monday trading in any instrument.

2 Likes

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:26am On Feb 24, 2020
I would suggest you stay on the sideline before the opening of the Hong Kong session. A clear direction should be seen then. A 300pips move in 15mins isn't something you should gamble with, especially with about 3 gaps below.
GladmanGoddey:
Any hits on how to trade gold? buy or sell?

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 12:29am On Feb 24, 2020
PipMarshall:


It's scary..
I think I have to start closing positions Friday irrespective.

Best to close some lots and leave some especially for trades entered at bargain.

Your oil sell.. Good one!
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 12:29am On Feb 24, 2020
Blackeuropean:


That Gold in fact have closed the week targets for us, my eyes oh my eyes, best bet on gap prediction for a long tine for us, we DoD not place trades on Gold on Friday, but two hours before closing, after much analysis, when I got back from queries, we placed all buy and risking 1 percent, thanks to that, jubilation and closed for Monday trading in any instrument.
Congrats oh grin
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 12:30am On Feb 24, 2020
saxy4c:
I would suggest you stay on the sideline before the opening of the Hong Kong session. A clear direction should be seen then. A 300pips move in 15mins isn't something you should gamble with, especially with about 3 gaps below.
I hear wink
Re: Forex Trade Alerts: Season 20 by Nobody: 12:30am On Feb 24, 2020
WTI.

As I said.. I am looking for longs.
I will wait to see if it reclaims the level, and then see if the level holds, and then give it a shot.

Same with AUDCHF

Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 12:31am On Feb 24, 2020
PIPnator10:


Your oil sell.. Good one!
Did oil gap too
Re: Forex Trade Alerts: Season 20 by Nobody: 12:31am On Feb 24, 2020
PIPnator10:


Best to close some lots and leave some especially for trades entered at bargain.

Your oil sell.. Good one!

Yes I understand. It's all about calculation and all.
Thank you!
smiley smiley

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 12:36am On Feb 24, 2020
GladmanGoddey:

Did oil gap too

Yea bro.. Gapped with over 150pips drop!

1 Like

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:37am On Feb 24, 2020
GladmanGoddey:

Congrats oh grin

Thank you, I have to set alarms because of this trade, I slept on time by 6pm just to make sure I'm here ready to close things with my good traders, alarms was fully setted to wake us up 8 minutes to Gold opening, if we did missed till the next candle, you see the way the next candle retracted? It would have cut the profits, So we were fully awoken 8 minutes to, and jackpot it is.

2 Likes

Re: Forex Trade Alerts: Season 20 by Nobody: 12:40am On Feb 24, 2020
Blackeuropean:


That Gold in fact have closed the week targets for us, my eyes oh my eyes, best bet on gap prediction for a long tine for us, we DoD not place trades on Gold on Friday, but two hours before closing, after much analysis, when I got back from queries, we placed all buy and risking 1 percent, thanks to that, jubilation and closed for Monday trading in any instrument.

Nice one - dollar rain
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:45am On Feb 24, 2020
But I'm not not going to wait till 3am as I need to rest. I'd say a buy around the 1655/7 area seems worth it.
GladmanGoddey:
I hear wink

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 12:46am On Feb 24, 2020
GladmanGoddey:
Any hits on how to trade gold? buy or sell?

dont do anything. watch how the market behaves in the next 8 - 12 hrs. most weekend gap gets filled in gold, i suspect we have made the top of the week. my thoughts

1 Like

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:49am On Feb 24, 2020
walexy100:

Nice one - dollar rain
Thank you
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:56am On Feb 24, 2020
The trading pit was opened for you and your trading buddies 7hours before the trading bell for Europe rings and you guys could close your trades manually, not with limits that you set at the close of the last OFFICIAL trading day? I'm glad you're online to respond momentarily.
I thought the European Forex trading floor has it's hours commonly observed as running between 07:00 - 16:00 GMT? Can you please clarify me on how you and your colleagues could do this? This is a trading related question right?
Blackeuropean:


Thank you, I have to set alarms because of this trade, I slept on time by 6pm just to make sure I'm here ready to close things with my good traders, alarms was fully setted to wake us up 8 minutes to Gold opening, if we did missed till the next candle, you see the way the next candle retracted? It would have cut the profits, So we were fully awoken 8 minutes to, and jackpot it is.
Re: Forex Trade Alerts: Season 20 by Nobody: 1:08am On Feb 24, 2020
that 1H candle closed in a very serious rejection. lets see what happens next.

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 1:27am On Feb 24, 2020
saxy4c:
The trading pit was opened for you and your trading buddies 7hours before the trading bell for Europe rings and you guys could close your trades manually, not with limits that you set at the close of the last OFFICIAL trading day? I'm glad you're online to respond momentarily.
I thought the European Forex trading floor has it's hours commonly observed as running between 07:00 - 16:00 GMT? Can you please clarify me on how you and your colleagues could do this? This is a trading related question right?

Don't get me Wrong, Dukascopy, Saxo are both opened, and this will be our first time of opening overnight positions on Gold or any currency this Quarter, and as long as you are not trading shares or stock, Metals, Silvers, Oil and some other instruments always open same time with this two brokers, For stocks, you have to wait for 0.7:00 and not gold and others.

1 Like

Re: Forex Trade Alerts: Season 20 by infofirst(m): 1:29am On Feb 24, 2020
PipMarshall:


I am guessing you used that very long wick to determine this level. wink wink grin grin


Yeah.

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