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Forex Trade Alerts: Season 20 - Business (10) - Nairaland

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Re: Forex Trade Alerts: Season 20 by ekesoft(m): 1:03am On Jan 04, 2020
voraz:
If you check my first post on EU, you'd notice that box..... We've had a massive reaction at that level but I think I'll hold the trade still.

Let's hope for the best..... Worst case scenario, breakeven
If i May ask , why was that box at that location, was there any support there in the lower timeframe?

1 Like

Re: Forex Trade Alerts: Season 20 by belovez(m): 1:38am On Jan 04, 2020
NAKED TRUTH ABOUT FOREX

�The only part they told us about Forex was that we would be our own bosses and make lots of money and be rich.

�They never told us that we would fail many times before we succeed. They never told us that we would blow our accounts. No one said anything about the sleepless nights trying to figure out a way forward.

�No one told us about the stress and anxiety.

�No one told us that we would be jokes to the society especially when we start changing from one strategy to another.

�No one told us that forex was more of character development and we will have to be more than patient.

�That we would make so many mistakes end up losing a lot of money. That at some point we would have to risk our lives in order to move forward.
We had to figure this out all by ourselves.

� some of us after going through so much pain we decided that we were going to succeed or die trying.

�Some of us we are never giving up on this no matter what. We are now doing it and very aware of the circumstances.

Take this when moving in 2020
Happy New Year to all the Great Mentors in this forum. May the PIPS be with us all in Jesus name.

14 Likes

Re: Forex Trade Alerts: Season 20 by voraz(m): 5:40am On Jan 04, 2020
ekesoft:

If i May ask , why was that box at that location, was there any support there in the lower timeframe?

I can't remember what made me decide to put it there currently, but since I noted it, it'd be one of the three things I look out for
- a minor S/R zone which could cause reversal
- a significant fib level
- order blocks (I'm still trying to wrap my head around this)

Overall, I try to influence my trade decisions as much as I can with the knowledge I've gained of the market.

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 5:54am On Jan 04, 2020
Could anyone post screenshots of EU, GU and Gold charts?
I'm running on Free Basics rn cry *tongue-out emoji*

Edit: CADCHF and EURGBP too please grin
Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 7:23am On Jan 04, 2020
Blessedchild24:

pls is this different from 200:1
Nop
Re: Forex Trade Alerts: Season 20 by Nobody: 9:26am On Jan 04, 2020
AUDUSD is a trade plan going as expected.

Now I am watching closely to see when it will be right to go long.

Re: Forex Trade Alerts: Season 20 by dammy20: 9:56am On Jan 04, 2020
voraz:


I can't remember what made me decide to put it there currently, but since I noted it, it'd be one of the three things I look out for
- a minor S/R zone which could cause reversal
- a significant fib level
- order blocks (I'm still trying to wrap my head around this)

Overall, I try to influence my trade decisions as much as I can with the knowledge I've gained of the market.
Where the box was a fib 61.8 level.
Re: Forex Trade Alerts: Season 20 by MrUnder: 10:02am On Jan 04, 2020
saxy4c:
I am totally lost on this...

Okay
you posted the image of the pattern that makes you add to your position.

Can describe or explain the patterns in words?
saxy4c:
I am totally lost on this...

Okay
you posted the image of the pattern that makes you add to your position.

Can describe or explain the patterns in words?
lipsrsealed
Re: Forex Trade Alerts: Season 20 by Ummuaisha(f): 10:03am On Jan 04, 2020
voraz:
Could anyone post screenshots of EU, GU and Gold charts?
I'm running on Free Basics rn cry *tongue-out emoji*

Edit: CADCHF and EURGBP too please grin


I sent you a mail, do check.
Re: Forex Trade Alerts: Season 20 by ekesoft(m): 10:22am On Jan 04, 2020
voraz:


I can't remember what made me decide to put it there currently, but since I noted it, it'd be one of the three things I look out for
- a minor S/R zone which could cause reversal
- a significant fib level
- order blocks (I'm still trying to wrap my head around this)

Overall, I try to influence my trade decisions as much as I can with the knowledge I've gained of the market.
Thanks a lot ,,,,,,,noted
Re: Forex Trade Alerts: Season 20 by Nobody: 12:20pm On Jan 04, 2020
voraz:
Could anyone post screenshots of EU, GU and Gold charts?
I'm running on Free Basics rn cry *tongue-out emoji*

Edit: CADCHF and EURGBP too please grin

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 1:25pm On Jan 04, 2020
Please can you quote what you're talking about?

MrUnder:

Okay
you posted the image of the pattern that makes you add to your position.
Can describe or explain the patterns in words?
lipsrsealed
Re: Forex Trade Alerts: Season 20 by MrUnder: 2:05pm On Jan 04, 2020
saxy4c:
These are the kind of patterns I see that help me hold my trades or add more to the trade. Watch out for them, the market follows a beautiful pattern that when recognized makes trading a lot more predictable. Listen to your charts, it speaks volumes.

Re: Forex Trade Alerts: Season 20 by TheYoda: 5:42pm On Jan 04, 2020
CadJpy, looking for sell, valid for only Jan.

Re: Forex Trade Alerts: Season 20 by TheYoda: 5:59pm On Jan 04, 2020
4hours chart below - Trade plan for 1 week window. - This week.
Daily chart - Trade plan for 1 month window. - January.

S/R , Pivot. Weekly / Monthly mark up/down and failures.

Re: Forex Trade Alerts: Season 20 by Nobody: 7:15pm On Jan 04, 2020
Buy 3080, tp 3200

Re: Forex Trade Alerts: Season 20 by solitytv123(m): 8:33pm On Jan 04, 2020
someone should analyze Gbo/nzd pair i am currently selling it.
Re: Forex Trade Alerts: Season 20 by Fmusty: 10:22pm On Jan 04, 2020
solitytv123:
someone should analyze Gbo/nzd pair i am currently selling it.

GBPNZD is not in a major zone, be it a resistance or support, which gives a higher probability trade.

I don't know your entry price, so don't know if u are in profit or loss. And I won't say u should close it or leave it, take a decision based on your risk management.

But for me, i won't consider buying or selling GBPNZD at d moment.
Re: Forex Trade Alerts: Season 20 by Nobody: 10:24pm On Jan 04, 2020
solitytv123:
someone should analyze Gbo/nzd pair i am currently selling it.

Wave 2 has been completed down, wave 3 starts up now. Strong buy.

The trend line has been broken on the 4 hour. Chart, which confirms the bullish bias.

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 11:05pm On Jan 04, 2020
solitytv123:
someone should analyze Gbo/nzd pair i am currently selling it.

I expect it back at 2.0000 before it falls massively again. Will try and do proper analysis and post tomorrow.
Re: Forex Trade Alerts: Season 20 by topsyn03(m): 11:06pm On Jan 04, 2020
EU TRADING ANALYSIS FOR THE NEXT FEW DAYS...
LET SEE HOW IT GOES

Re: Forex Trade Alerts: Season 20 by topsyn03(m): 11:08pm On Jan 04, 2020
Good Luck
topsyn03:
EU TRADING ANALYSIS FOR THE NEXT FEW DAYS...
LET SEE HOW IT GOES
Re: Forex Trade Alerts: Season 20 by topsyn03(m): 11:14pm On Jan 04, 2020
GU analysis

Re: Forex Trade Alerts: Season 20 by Trustrade: 4:14am On Jan 05, 2020
Guys, with the current clash between America and Iran. Will this have any effect on the XAUUSD pair?
Re: Forex Trade Alerts: Season 20 by voraz(m): 7:45am On Jan 05, 2020
Thanks @walexy100 ..... I was able to get back on shortly after I posted that here.
Thanks again.

These are my expectations on EU.
We should see more drops.

Re: Forex Trade Alerts: Season 20 by voraz(m): 7:46am On Jan 05, 2020
To see the account grow, I'll be closing out my position and re-entering at the top.

Happy Sunday everyone.
I'll post some more charts later.
Re: Forex Trade Alerts: Season 20 by voraz(m): 7:56am On Jan 05, 2020
CADCHF did us well last week.
About 170+ pips from both entries.

For this week, we should see a drop BUT let's see the effect of this war on Oil.... A rise in Oil prices should see a rise in CAD strength.

If this fundamental effect doesn't kick in, let's watch for the drop..... As long as the green zone isn't breached to the upside (#2), drops would be feasible..... SL @ 0.7540..... TP @ previous low (could break much lower)

Both possibilities are accounted for....
#1 - slight push higher before drop
#2 - drop immediately

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 8:07am On Jan 05, 2020
My game plan on Oil is to look for sells.
Even when Fundamentals are saying otherwise..... Market should pity me and drop grin lipsrsealed

This is a long-term focus and the only move I'll be looking for (for now) is the drop to 50

1 Like

Re: Forex Trade Alerts: Season 20 by voraz(m): 8:12am On Jan 05, 2020
Silver.
I missed the divergence cry

Looks like long term upside on this pair (and it's brother Gold)

We've had an impulse to the upside now. After correction to 38.2 (or reasonable pullback), we'll be looking for buys tongue

Re: Forex Trade Alerts: Season 20 by Nobody: 9:01am On Jan 05, 2020
USDSEK.

Bull or Bear market?
I am bearish.
Waiting for good entries ( the best RRR) or confirmation before entering.
I should sell this.
But I wait for retracement to the green line.
Or break below the black line.


@voraz..
@walexy100

Any elliot patterns on this pair?

1 Like

Re: Forex Trade Alerts: Season 20 by solitytv123(m): 11:27am On Jan 05, 2020
reason for my bias,double top on daily and price below EMA

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