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Forex Trade Alerts: Season 21 - Business (324) - Nairaland

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Re: Forex Trade Alerts: Season 21 by Forexislife: 1:46pm On Oct 08, 2021
CopyJoe:
NFP doing me good at the moment.

But let's wait and see how this ends.

grin
you get mind. Trading before NFP
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 1:48pm On Oct 08, 2021
Gold really carry this NFP results for head o grin ...
Since the data come out in favour of Eur...i have put a buy limit on 1.1538X ......maybe Monday a retrace ment. If not till next time Eurusd..... grin
Re: Forex Trade Alerts: Season 21 by CopyJoe: 1:52pm On Oct 08, 2021
Forexislife:
you get mind. Trading before NFP

Study the charts before the news, there's always a clue.

News respects structure.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 1:56pm On Oct 08, 2021
I'm glad I made mistakes this week.

I learn more from my mistakes.
saintfaculty:
lookout for price action patterns to join the buy on EURGBP... price is in a buy area now

Your charts and that of GabsonFX has taken me to a whole new level.

4 Likes

Re: Forex Trade Alerts: Season 21 by Forexislife: 1:57pm On Oct 08, 2021
CopyJoe:


Study the charts before the news, there's always a clue.

News respects structure.
Well, in the past I have tried to do that but news can't be predicted with the chart in my opinion. Maybe you see what we dont see. You can share your knowledge oh I don't mind. Thanks man grin
Re: Forex Trade Alerts: Season 21 by Nobody: 2:02pm On Oct 08, 2021
VlamesIffect:


Nice one oga joe grin why i didn't enter that sell signal. But overall i think audusd should sell.

Sure. My thoughts also. Risks is everything tho

Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:03pm On Oct 08, 2021
Forexislife:
Well, in the past I have tried to do that but news can't be predicted with the chart in my opinion. Maybe you see what we dont see. You can share your knowledge oh I don't mind. Thanks man grin

TREND, Market structure (100% interested in high and lows) and order block.

And whenever you see double top or double bottom, it's a trap.

Price will come back and smash it with full force.

Na the work of the big banks.

Most times when price wants to change direction from an uptrend to a downtrend and vice versa,

Banks create double top or double bottom in the direction its wants to go,

Go the opposite direction and then reverse back to where the top or bottom is and smash it.

It's not always smooth. You must be able to spot it with good chart time.

3 Likes

Re: Forex Trade Alerts: Season 21 by Nobody: 2:08pm On Oct 08, 2021
KingPipmarshall:
GU. Trend is down and I look towards 1.3000 long term.

Selling only. I want my errors to be minimal. EU taught us a big lesson.

Enjoy!!


Live to fight another day.

Re: Forex Trade Alerts: Season 21 by Nobody: 2:09pm On Oct 08, 2021
I don't trade like this boss, if I will already be in a position and NFP meets it there, so be it... I don't trade because of NFP, I'm a born swing trader.

Forexislife:
Well, a man gotta do what a man gotta do.

SL at +20. Target 200 pips

5 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:10pm On Oct 08, 2021
Double top.

To my fellow newbie.

What you see in most forex textbooks is basic knowledge. To understand all jargons.

Real-life application is different.

I understood market structure better this week.

Because of that I'll further reduce the number of trades per week.

Less is more. And there are too much noise in the market.

I am still a learner and only sharing what I know.

I am in no way a guru and also still a demo trader.

So, you can understand how easy it's to talk as a demo trader.

4 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:14pm On Oct 08, 2021
GabsonFX:
I don't trade like this boss, if I will already be in a position and NFP meets it there, so be it... I don't trade because of NFP, I'm a born swing trader.


Sweet.

If I am not in a position too before the news, I dare not enter minutes before or during the news release.

cheesy

2 Likes

Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 2:14pm On Oct 08, 2021
KingPipmarshall:


Sure. My thoughts also. Risks is everything tho

YES BOSS no risk no reward..... But me i will wait till usd news effect die down before i enter sell boss....
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 2:16pm On Oct 08, 2021
KingPipmarshall:



Live to fight another day.

Your trading psychology is solid my boss....
Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:18pm On Oct 08, 2021
Previous double top.

Result.

Some double tops and bottoms will hold but in the future,

Price will come back and smash it.

It may take years.

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:20pm On Oct 08, 2021
Let me continue to learn from my bosses.

Selah.
Re: Forex Trade Alerts: Season 21 by Forexislife: 2:21pm On Oct 08, 2021
GabsonFX:
I don't trade like this boss, if I will already be in a position and NFP meets it there, so be it... I don't trade because of NFP, I'm a born swing trader.

I get you. It was just a suggestion. You have a huge capital. Even na 0.02 you use am play football. grin grin grin

Just kidding. I will be looking forward to your gold update next week. Thanks.

3 Likes

Re: Forex Trade Alerts: Season 21 by Forexislife: 2:22pm On Oct 08, 2021
CopyJoe:


Sweet.

If I am not in a position too before the news, I dare not enter minutes before or during the news release.

cheesy
I didn't enter minutes before news. I put pending orders 40 pips away, both buy and sell orders. SL was 50 pips on both. Not easy but it worked. grin grin grin
Re: Forex Trade Alerts: Season 21 by Forexislife: 2:22pm On Oct 08, 2021
CopyJoe:


TREND, Market structure (100% interested in high and lows) and order block.

And whenever you see double top or double bottom, it's a trap.

Price will come back and smash it with full force.

Na the work of the big banks.

Most times when price wants to change direction from an uptrend to a downtrend and vice versa,

Banks create double top or double bottom in the direction its wants to go,

Go the opposite direction and then reverse back to where the top or bottom is and smash it.

It's not always smooth. You must be able to spot it with good chart time.
This feels complicated to me. I guess you are used to it. Keep it up bro. Nice one.

3 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:24pm On Oct 08, 2021
Forexislife:
I didn't enter minutes before news. I put pending orders 40 pips away, both buy and sell orders. SL was 50 pips on both. Not easy but it worked. grin grin grin

I was only affirming what GabsonFX said.

You know I don't hide how much I love your confidence when it comes to Gold.

I know one day I'll be as confident as you @Forexislife

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:28pm On Oct 08, 2021
GabsonFX:
You know what I see in your trading outcomes: I see you are more matured and more disciplined, I see you are taking your time with the market and that you are strict with what you are doing.

Kudos


Thank you, boss.

You contributed a great deal to my journey so far.

I know say one day I go be like you.

3 Likes

Re: Forex Trade Alerts: Season 21 by charly20(m): 2:40pm On Oct 08, 2021
Tony142:




U see adult acting like children as embarrassing, but I see it as creativity, the reason why most people are not creative or broke is because they act too matured, acting matured is good but acting like a child once in a while triggers creativity


To figure out Forex , u will need some level of creativity or else u will continue blowing your account, and acting like a child once in a while helps to develop creativity cool



That may have been creative to you but it was very dirty to me.


Unfortunately.
Re: Forex Trade Alerts: Season 21 by charly20(m): 2:45pm On Oct 08, 2021
GabsonFX:
What you are doing in this challenge is what I would like to put my money on, so you could take a prop - I love it, but what I don't like is it seems to me you don't have a set price to know when to get out when things go wrong.
Overall, I'm glad you are better.
kiss



Read me like a book sad

3 Likes

Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:00pm On Oct 08, 2021
charly20:



Sometimes it's embarrassing to see adults act like that

That is why respect has no age.

Silence doesn't Equate to wisdom nor maturity.
Maturity is knowing when to talk and when to listen.

No be everything we go dey keep quiet about,
Na why we still dey like this for this country.

In the name of forming adults, we just dey monkey dey do.
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:02pm On Oct 08, 2021
charly20:




That may have been creative to you but it was very dirty to me.


Unfortunately.

I don't remember our post was meant to entertain anyone?
It was informative, information is not always appeasing..
Re: Forex Trade Alerts: Season 21 by Forexislife: 3:03pm On Oct 08, 2021
CopyJoe:


I was only affirming what GabsonFX said.

You know I don't hide how much I love your confidence when it comes to Gold.

I know one day I'll be as confident as you @Forexislife
confidence ke, grin grin grin

This is the first time I'm doing this oh. But looking at previous NFP, that's how gold moves so I thought about taking advantage.
Re: Forex Trade Alerts: Season 21 by jammer777: 3:03pm On Oct 08, 2021
If this week has been good, please don't forget to pay yourself. Happy weekend to y'all.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 3:08pm On Oct 08, 2021
Forexislife:
confidence ke, grin grin grin

This is the first time I'm doing this oh. But looking at previous NFP, that's how gold moves so I thought about taking advantage.

I'm not talking about NFP.

Trading gold in general.
Re: Forex Trade Alerts: Season 21 by Forexislife: 3:14pm On Oct 08, 2021
Forexislife:
Well, a man gotta do what a man gotta do.

SL at +20. Target 200 pips
closed. Gold is not anybody's mate

Re: Forex Trade Alerts: Season 21 by Forexislife: 3:14pm On Oct 08, 2021
CopyJoe:


I'm not talking about NFP.

Trading gold in general.
Oh OK I get you bro.
Re: Forex Trade Alerts: Season 21 by Forexislife: 3:16pm On Oct 08, 2021
Next week will be good if gold closes below 1770

Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 4:14pm On Oct 08, 2021
Ok. Jpy is going the other way.... Still holding....

I already sensed a buy on cadjpy...thank God i removed it from my watchlist... it already broke-out....
Now to chf, nzd & gbp...still holding... Gbpjpy has reached first high of 152.840 if it keeps buying to above 153.439.....I AM OUT.

For chyjpy first high at 120.594 reached... Above 121.192....I am out.

Nzdjpy is still under 78.10 so i'm still holding for a sell.... today's just 8th of October....we still 14+ more trading days to go.
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 4:21pm On Oct 08, 2021
Since nfp and cad employment is out....time to buy USDCAD....if i can't get on eurusd trade...this is a second option

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