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Forex Trade Alerts: Season 20 - Business (238) - Nairaland

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Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 3:08pm On Mar 26
PipMarshall:
CADCHF..

Buy setup...

A retracement to the lower green line or a break of the high is the entry trigger.

Perfect setup.
We had a good reaction at the lower green line.
Now, we await a break of the high to continue towards our target.

Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 3:16pm On Mar 26
There are still some I have not posted.. Will continue later..

All the before pictures were posted with the original posts.

Hopefully someone learns from the reason and logic behind the setups. At the end of the day, it's your outlook and experience that makes you profitable. And what you learn over time.

If anything.. You could learn the reason behind choosing a bias. The reasons I would say a pair is headed up or down. That's the first step in generating a trade idea.

Having a bias.



Some were explained in the original posts. Why I have that bias and I think a pair is going up or down.
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 3:26pm On Mar 26
PipMarshall:
AUDNZD.

Simple buy setup.

It's safer to wait for that high to be taken... If RRR is good... Good buy.

Inch perfect setup that miss the target by a couple of pips.

Resistance became support.
Our ABC.

Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 3:38pm On Mar 26
saxy4c:
Who is the guy in the article? Does he trade?
I'm buying USDCAD again 1.4080 SL 1.4040 TP 1.4400

You are buying USDCAD? . undecided undecided
Stop getting me scared.

I typically don't like being on the opposite sides of your trades. I am curious to see what happens this time.

Had to edit this. Note I am not buying. I am NOT buying.

Re: Forex Trade Alerts: Season 20 by iHateDcrowd: 3:46pm On Mar 26
well my black market friend says dollar is 370 today but time don go far here. I will go collect tomorrow to fund my dollar account and. then use my debit card to fund directly with my prefer broker. no e-wallet wahala

been doing this with my aliexpress purchases all this while.

we need dollar at 300 naira though.

see rate despite the 380 devaluation by CBN

https://www.exchangerates.org.uk/Dollars-to-Nigerian-Naira-currency-conversion-page.html
Re: Forex Trade Alerts: Season 20 by PIPnator10(m): 4:12pm On Mar 26
Oil..
Not a trade call neither am I touching this f@&ker..
But would really like it to rise from there at least for our dear Nigeria.

Re: Forex Trade Alerts: Season 20 by jsheng(m): 4:19pm On Mar 26
PipMarshall:


Buying USDCAD. undecided undecided
Stop getting me scared.

I typically don't like being on the opposite sides of your trades. I am curious to see what happens this time.


Baba.... Your own juju pass my own ooh, make I parkwell to who get muscle between you and forex.... Watching usd/CAD get to @1.4400
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 4:26pm On Mar 26
jsheng:


Baba.... Your own juju pass my own ooh, make I parkwell to who get muscle between you and forex.... Watching usd/CAD get to @1.4400

Do you get the post now
I have edited to make it clear.

I wasn't changing my bias.
I am sticking with my plan.
That's why I am saying I am curious to see what happens this time.

He's buying..

I am selling.
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 4:27pm On Mar 26
I literally just put it up there I still expect it to reach the purple line.
Nothing has changed.

I am bearish till the purple line or slightly above where I will look for buys.
Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 4:33pm On Mar 26
Benqozenero:
If you have the first lesson note sell usdchf now @ 0.97915.
SL @ 0.98648

I want to explain what said I added to the note

If you are still with this trade, i have taken 125pips profit. you can take your profit too or allow it to continue to run.
LET ME GO SELF ISOLATE.

5 Likes

Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 4:51pm On Mar 26
I reckon EURUSD still needs one or two more 1 hr highs before a drop. grin grin
Re: Forex Trade Alerts: Season 20 by Lapeztech: 4:54pm On Mar 26
Benqozenero:


If you are still with this trade, i have taken 125pips profit. you can take your profit too or allow it to continue to run.
LET ME GO SELF ISOLATE.
Nice one.
Re: Forex Trade Alerts: Season 20 by Lapeztech: 4:58pm On Mar 26
PipMarshall:


I reckon EURUSD still needs one or two more 1 hr highs before a drop. grin grin

EURUSD approaching the 1.10496 level. Might continue up after retrace
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 5:09pm On Mar 26
Lapeztech:

EURUSD approaching the 1.10496 level. Might continue up after retrace

1.1050?
It's possible..
Very possible..

I expected 1.1000...
Plus I have not seen any obvious reversal signs.
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 5:21pm On Mar 26
PipMarshall:


So what's the situation with AUDNZD?

'The thing itself speaks. A plank in a shipwreck.'

A story of triangles. A poem of continuation.

The answer is doom.

If I see a bull run from the AUD in the months to come.. It will be a surprise to me. Fundamentals back this up. The coming data for the coming months won't do AUD any good.

It has one way to go and that is DOWN.

Now the charts.

AUDNZD has been on a downward trend for a while. There is an impulsive leg down from 2010.

And then it traded in a symmetrical triangle for some months, then broke to the downside. Retested the triangle and continued down. The first continuation pattern.

As if that was not enough. Simultaneously, it's been trading in a descending triangle for a while. And this month, it's taking out the base and breaking out downwards. The second continuation pattern.

Every sell setup with this gives a lot of potential. A retest of that green line and rejection will be a setup of dreams.

Remember AUDNZD?

And now my attention shifts to AUDNZD where I seem to have spotted what seems like a sell setup. In line with this detailed analysis.

What's the plan now?

To wait for a decisive break of the lower green line. With a possible retest of structure.

Entry criteria is to get a decisive break of the lower green line (which seems to be the neckline of an heads and shoulders pattern.)

Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 5:37pm On Mar 26
Gold is stubborn...it's trying but


DOWN.

It's safe to wait for daily closure..
Another hanging man, might as well just sell at the close of the candle. When spread normalises.

Again.. Just my opinion.
Could be wrong.

Re: Forex Trade Alerts: Season 20 by docus: 6:19pm On Mar 26
y are we having fake spike on gold that is not universal on all brokers, I need answers pls
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:22pm On Mar 26
You're really just a clown cheesy
Trade went 60pips and took me out at par. Its either going about 200pips more to the downside or wants a move up, but I'm out for now, enjoy your move beautiful chartist cheesy cheesy
PipMarshall:
You are buying USDCAD? . undecided undecided
Stop getting me scared.

I typically don't like being on the opposite sides of your trades. I am curious to see what happens this time.

Had to edit this. Note I am not buying. I am NOT buying.
Re: Forex Trade Alerts: Season 20 by docus: 6:23pm On Mar 26
See difference BTW above and this one

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:24pm On Mar 26
EURUSD SELL 1.1025 sL 1.050 Tp at least 10R
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 6:24pm On Mar 26
saxy4c:
You're really just a clown cheesy
Trade went 60pips and took me out at par. Its either going about 200pips more to the downside or wants a move up, but I'm out for now, enjoy your move beautiful chartist cheesy cheesy

grin grin

I don't like seeing you take an opposite position to mine.
It makes me less certain of my plan..
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 6:25pm On Mar 26
docus:
See difference BTW above and this one

The chart posted is pepperstone.

Nothing like that here o.

What broker is yours?
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:59pm On Mar 26
I would like to call this guy same thing, but honestly it has a long way to go down. Technically especially.
Whether OIL is 200usd or 2USD, it makes no difference, the mighty bulk of earnings ends in a few hands.
Maybe Oil should go to zero let Nigerians stop this rubbish on oil dependency with no diversification whatsoever.
Sooner than later, oil would be of no value, in as little as 5yrs some countries wouldn't need oil for anything, we need to start taking dressing.
PIPnator10:
Oil..
Not a trade call neither am I touching this f@&ker..
But would really like it to rise from there at least for our dear Nigeria.
Re: Forex Trade Alerts: Season 20 by docus: 6:59pm On Mar 26
PipMarshall:


The chart posted is pepperstone.

Nothing like that here o.

What broker is yours?
Global prime
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:09pm On Mar 26
saxy4c:
Gold just did a 4weeks correction move in 1min, my heart hasn't stopped palpitating.
I'm buying Gold 1600 SL 1590 TP 1700.
Trade Is up 430pips, i just need less than 600pips more

saxy4c:
Gold is a good buy at 1626 again SL 1622 TP still 1700.
This reentry is up 170pips.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:48pm On Mar 26
Selling GBPJPY 132.70 sl 133.30 TP open
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 8:03pm On Mar 26
docus:

Global prime

Alright
Mine had no issues.
Apperas ICM had same problem.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:04pm On Mar 26
Buy USDJPY 109.200
SL 108.900
TP 114.200
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:09pm On Mar 26
Both of these calls have given us a Tp at 109.20 with 350pips about 10R. Let's see if we can catch the upside with previous post. grin

saxy4c:
Sell USDJPy 111.50 SL 111.800 TP 109.200
saxy4c:
You can join USDJPY SELL 110.40 SL 110.85 TP 108.65
Re: Forex Trade Alerts: Season 20 by PipMarshall(m): 8:17pm On Mar 26
The bears awaken.
Keep an eye on the green line.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:17pm On Mar 26
Above 1616, its upwards for me.
PipMarshall:

The bears awaken.
Keep an eye on the green line.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:26pm On Mar 26
I'm going to sell again at 133.30 if price gets there and place SL for both at 134.00.
saxy4c:
Selling GBPJPY 132.70 sl 133.30 TP open

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