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Forex Trade Alerts: Season 20 - Business (618) - Nairaland

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Daily Forex Trade Journal 2020. / Forex Trade Alerts: Season 19 / Forex Trade Alerts: Season 18 (2) (3) (4)

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Re: Forex Trade Alerts: Season 20 by giddy2019(m): 11:03am On Nov 18
friend2Macron:
Finally got my live account application approved. After the advice I got here, I went with a broker with a leverage of 50:1. I hope to learn from the gurus here.
please how is it going
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 11:05am On Nov 18
The way market is doing this week
it is beyond me
i entered this trade and it got invalidated had to restrategise and saw this
Divergence and a Wedge
i dont know if it will go right but i don enter

Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 11:25am On Nov 18
hidhrhis:
The way market is doing this week
it is beyond me
i entered this trade and it got invalidated had to restrategise and saw this
Divergence and a Wedge
i dont know if it will go right but i don enter

Ur safe entry should have been a break of the wedge nau...
Goodluck though, u may just pick the top

2 Likes

Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 11:29am On Nov 18
Donvic4u:


Ur safe entry should have been a break of the wedge nau...
Goodluck though, u may just pick the top
yeah i entered cos of the divergence
if the set up plays out fine
the break of the wedge will be another point of reentry for me
Re: Forex Trade Alerts: Season 20 by TAGM(m): 12:07pm On Nov 18
please people which broker is best here in nigeria?
Re: Forex Trade Alerts: Season 20 by meshpips(m): 12:08pm On Nov 18
giddy2019:

baba com and taech FC now

Create a LIVE account with TigerWit and fund with the minimum $50 deposit.

Once you do this, you will be qualified to receive their training for free (whether onsite or online).

All the best!
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 12:50pm On Nov 18
Heads up, more vaccine news.

1 Share

Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 2:28pm On Nov 18
giddy2019:

baba com and taech FC now

Just visit babypips and YouTube or www.cryptotips.us, you don't have to pay to learn Forex because there is no guarantee that you will be profitable. Try research many strategy as possible and backtest it with past data, if you are satisfy with a strategy after backtesting open a demo account and forward test for at least 3 months, then after that go live grin

2 Likes

Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 2:33pm On Nov 18
EJ Analysis Update - For Learning Purpose ONLY

Few days ago (quoted below for quick referencing), I had the outlook: 0% Buy 65% Sell and 35% Range. No. 2 played out, and No. 1 started playing out yesterday, price has moved 32.0 pips, I still see about 150pips or more.

Caution: Note: If you are in the contest, ignore this analysis (it may ruin your contest account or automatically disqualifies you grin grin grin ), I have not been making calls because the contest is ON so I switched to just passing knowledge to everyone including myself grin grin grin


Pipsbasketings:
EJ Analysis Continues - For Learning Purpose ONLY

See previous analysis on EJ (quoted below for quick reference), then follow up with this.

Attached picture is a detailed analysis of EJ, better in pictures than words. From previous analysis, No. 2 played out, now 1 is playing out: Reason I placed 0% Buy 65% Sell and 35% Range

Though the short started 8hours ago, you can still short with 55pips SL, TP about 150 pips or even more

Note: If you are in the contest, ignore this analysis (it may ruin your contest account or automatically disqualifies you grin grin grin )

Pipsbasketings:
Update on your EJ-Sell: This will be for learning purpose ONLY
From my previous analysis on your EJ-Sell (See quote below), No. 2 played out and you would have been trapped in a ranging market if you did not exit the trade.

I suspect EJ to range for 2-3 more days, except big news is released, which could then take it out of a ranging zone.

As for me, I avoid trading this type of market



Pipsbasketings:
Here is my detailed analysis of your EJ, Enjoy it grin - See my chart first for an explanation

As for me, I would not have entered any position as I wouldn't like to be trapped in a ranging market: you did and in some pips already, so this analysis could help.

1. Look at that newly formed bearish candle, price is about to swing back to the support to test it again (the 3rd time). I would expect the support to be tested again especially on market open (today/tomorrow), if it does and successfully breaks that support; bro, continue your sell for another 4-5days and you could earn additional 200.0pips

Aliter

2. Watchout, If that support is tested the 3rd time and not broken, but rather swings back up to 124.220; I would believe you have been trapped in a ranging market - just get out at that point, I believe you will still come out with few pips.

Above all, I don't see a buy for the next 4-5days, what I see is a sell or range based on 1 and 2. Continue selling if 1 is fulfilled, get out if 2 is fulfilled.
Buy= 0% Sell=65% Range=35%

Despite this analysis, do not neglect proper risk/money management.

1 Like 1 Share

Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 2:35pm On Nov 18
giddy2019:

baba com and taech FC now
do as wallstreetfx said and study all my bosses in the building's chart
The best way u can learn forex is self learning in which u make ur discovery from ur research and work
btw always ask question
no question is dumb
Re: Forex Trade Alerts: Season 20 by Zither(m): 2:52pm On Nov 18
hidhrhis:
The way market is doing this week
it is beyond me
i entered this trade and it got invalidated had to restrategise and saw this
Divergence and a Wedge
i dont know if it will go right but i don enter

A trendline break should confirm your divergence. In this case, a break of your wedge should confirm both divergence and wedge pattern. good luck in your trade.
Re: Forex Trade Alerts: Season 20 by Zither(m): 2:55pm On Nov 18
WallStreetfx:


Just visit babypips and YouTube or www.cryptotips.us, you don't have to pay to learn Forex because there is no guarantee that you will be profitable. Try research many strategy as possible and backtest it with past data, if you are satisfy with a strategy after backtesting open a demo account and forward test for at least 3 months, then after that go live grin

I wish it was as easy as that.
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 2:55pm On Nov 18
Zither:


A trendline break should confirm your divergence. In this case, a break of your wedge should confirm both divergence and wedge pattern. good luck in your trade.
Thanks brother
Re: Forex Trade Alerts: Season 20 by Zither(m): 2:59pm On Nov 18
You're welcome

1 Like

Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 3:06pm On Nov 18
Zither:


I wish it was as easy as that.

Ok
Re: Forex Trade Alerts: Season 20 by friend2Macron: 3:28pm On Nov 18
giddy2019:

please how is it going
Not bad so far. As a newbie, my first goal is protecting my capital not making profit and I've been doing that thus far. I'm actually using the live account as a demo. I will take it more seriously when the money is real cheesy
I'm really learning from the analysis the bosses are making here.

3 Likes

Re: Forex Trade Alerts: Season 20 by kkins25(m): 5:08pm On Nov 18
finally, my ban don lift. would be uploading books to the link in my signature
cc:Avast, CopyJoe, Guideyoursoul, babaaelino92 and Jmarjr
Re: Forex Trade Alerts: Season 20 by kkins25(m): 5:13pm On Nov 18
so NOTHING dey happen for forex markets today ni?? there was a little spike on the 1 minute time frame when the vaccine news came out but like say the big banks no dey interested. Retail traders just push the thing go a few pips before it resumed its normal sluggish downtrend... grin grin grin..
i traded on the one minute time frame sha and made $1. to trade on that time frame no be beans ohh... see as my body dey shake as price dey dance..

its DEMO by the way

1 Like 1 Share

Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 5:25pm On Nov 18
Buying CHFJPY.
Worse case scenario, I lose 200pips.

1 Like

Re: Forex Trade Alerts: Season 20 by friend2Macron: 5:27pm On Nov 18
Please what's you guys take on AUDNZD? Considering a buy, is it wise to buy at this point?
Re: Forex Trade Alerts: Season 20 by kkins25(m): 5:35pm On Nov 18
IMAliyu:
Buying CHFJPY.
Worse case scenario, I lose 200pips.
hey, im intrigued, there are no signs of reversals from what i observe. I'm guessing analysis was done on the lower TF? or Are you expecting the support level to hold out of instincts??
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 5:58pm On Nov 18
kkins25:
hey, im intrigued, there are no signs of reversals from what i observe. I'm guessing analysis was done on the lower TF? or Are you expecting the support level to hold out of instincts??
To be honest this was more of a gut feeling, but there are few things, that gives me more confidence in it, such as the confluence area on the previous daily chart, the 200ema and support line.

A pin bar on the hourly chart, if a pin bar doesn't form on the 4h close, I'll be existing the trade.

And a few other things, such as the divergence on eurchf.

And the fact that I'm willing to lose about 200pips

Re: Forex Trade Alerts: Season 20 by Yovanne: 6:36pm On Nov 18
I would like to ask you as more experienced guys. Is there a difference between paid webinars and free ones? I have already realized that independent study does not lead me to a deep understanding of the processes. However, I am faced with a choice. You can learn something for free. There is YouTube, there are courses supported by large trading platforms - https://www.forextime.com/education/forex-trading-for-beginners However, there are also personal trainings on a paid basis from different coaches. Does it make sense? Or should I be consistent and continue to study the available material?
Re: Forex Trade Alerts: Season 20 by Avast(m): 6:42pm On Nov 18
kkins25:
finally, my ban don lift. would be uploading books to the link in my signature
cc:Avast, CopyJoe, Guideyoursoul, babaaelino92 and Jmarjr

Thanks boss
Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 7:37pm On Nov 18
Yovanne:
I would like to ask you as more experienced guys. Is there a difference between paid webinars and free ones? I have already realized that independent study does not lead me to a deep understanding of the processes. However, I am faced with a choice. You can learn something for free. There is YouTube, there are courses supported by large trading platforms - https://www.forextime.com/education/forex-trading-for-beginners However, there are also personal trainings on a paid basis from different coaches. Does it make sense? Or should I be consistent and continue to study the available material?

Study the materials available to you brother..
No coach will teach you how to master trading psychology and risk management, only you yourself will
Re: Forex Trade Alerts: Season 20 by ichidodo(m): 7:56pm On Nov 18
So that mini uptrend on Cadjpy this evening just bailed me....Now,I'm freeeeeee...Going gung-ho short on Aud/USD as it's Soo high at 0.732s will hold this b**tch down until I grow grey hair or it falls to 0.712s.. Asta el fuego!

2 Likes

Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 8:18pm On Nov 18
Looks like BTC hit a high of 18400 and is long overdue for a correction.

Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 10:42pm On Nov 18
EURUSd neckline break will trigger my entry

1 Like

Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 10:53pm On Nov 18
WallStreetfx:
EURUSd neckline break will trigger my entry
what if it breaks out and did nt come back for a retest
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 11:14pm On Nov 18
hidhrhis:

what if it breaks out and did nt come back for a retest

I may wait for retest or not but most of the time I don't wait
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 11:20pm On Nov 18
WallStreetfx:


I may wait for retest or not but most of the time I don't wait
nice one bro i hope the trade goes as planned cos of the way trade have being reversing in profit against me this week
to enter trade dey fear me
i entered right from the top

Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 2:01am On Nov 19
hidhrhis:

nice one bro i hope the trade goes as planned cos of the way trade have being reversing in profit against me this week
to enter trade dey fear me
i entered right from the top
No fear bro

Just got in now

1 Like

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