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Forex Trade Alerts: Season 21 - Business (9) - Nairaland

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Re: Forex Trade Alerts: Season 21 by dennison4luv: 11:43am On Jan 09
orogo:
Gold is inversely proportional to the dollar so gold and dollar cannot take a whack at the same time. If dollar goes down, gold goes up.

For those that want to invest in bitcoin, know that the market is currently for sellers. This is because the market is over extended to the upside and has gapped from its 20, 50 and 200 moving averages. Professional investors would have taken off 80% of their position and left 20% in because it is a very important asset and no one wants to be completely out of it. Whenever that 20% doubles, they will take halve away and continue this process until Bitcoin finally crashes to where it can fin support to survive. When that happens, money removed from the asset will be reinvested into the asset - this is when you should be investing in bitcoin for the long term.

Greetings to the house, I am new in this group. I started learning forest trade since April last year, I treaded demo for three months before I start trading live account, I made a lot of money trading only Gold but because of greedy and not using stoplost I have lost more than $2300 and my investment was about $1400 and others are the gain that I made within a month. Now I have learnt a lot through the burning of my account and reading more and developing some skills on my own, but now u did not have money to fund my account with Hotforex.
I have bening hear of some brokers that will give you funded account and you pay for subscription. Please I want to know the best brokers and how do one earn and are you paid through the percentage you gained in a month?
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 12:39pm On Jan 09
dennison4luv:


Greetings to the house, I am new in this group. I started learning forest trade since April last year, I treaded demo for three months before I start trading live account, I made a lot of money trading only Gold but because of greedy and not using stoplost I have lost more than $2300 and my investment was about $1400 and others are the gain that I made within a month. Now I have learnt a lot through the burning of my account and reading more and developing some skills on my own, but now u did not have money to fund my account with Hotforex.
I have bening hear of some brokers that will give you funded account and you pay for subscription. Please I want to know the best brokers and how do one earn and are you paid through the percentage you gained in a month?
Yea..U are paid depending on the firm u using .
Lots of them out there, do your research and pick ur choice
Re: Forex Trade Alerts: Season 21 by dennison4luv: 12:44pm On Jan 09
Donvic4u:

Yea..U are paid depending on the firm u using .
Lots of them out there, do your research and pick ur choice

Please I need to know the best and the conditions they normally give for the trading
Re: Forex Trade Alerts: Season 21 by infofirst(m): 1:53pm On Jan 09
We are in season 21. And some beginers are still asking for resources to learn about this market. That is first sign of unseriousness. If you are truly willing and ready to learn. You will go back to reading the past seasons. Every resources you need are there.
Many have asked for books to read but did nothing after getting those books.
If you want more books on fx, join this group on telegram, https:///forexbookz or @forexbookz. Books plenty there and will even tire you. Lol

On prop firm,
I am not against using them but the truth is if you are not able to trade demo or small live account profitably for some time, chances are that you will not get it right trading big size account.
We need to work on our psychology and money management, study the business model of this prop firm, you will see that they set rules that will safeguard their money and make it difficult for you to lose far beyond what you have deposited. Incorporate this practice in your personal account too.
Face the reality and stop running after short cuts. Stop asking for strategies, learn to study the charts, compare charts posted here with your chart. Discipline your self to trading 0.01 lot. Its small money per pip but it is just what your account size can take for now. Use 1:25 leverage too, it will automatically prevent you from over trading.
Start doing things differently if you want a different and better outcome in this market.
Take the affirmative step this year to stop losing all your money.

10 Likes

Re: Forex Trade Alerts: Season 21 by infofirst(m): 1:55pm On Jan 09
@pipsbasketings
Abeg boss, how far with the plans for contests this year
I wished to participate too.
Lets have some fun and opportunity to learn.

3 Likes

Re: Forex Trade Alerts: Season 21 by infofirst(m): 2:01pm On Jan 09
PJAMES1:
CADCHF
4 hour timeframe and 15 minute timeframe.
Friday afternoon.
Makes it quite dicey.

But overall beautiful price action.
You could check out to see if you find anything.

Bullish bias.
If the trendline doesn't hold. Doesn't change the bias. It just means it probably wants to retrace deeper. Quite confident we see 0.7080, maybe next week.

0.7080 is a good immediate term target.

Good outlook doc. I looked through my chart too and I agreed. How have you been doing?

1 Like

Re: Forex Trade Alerts: Season 21 by PJAMES1(m): 6:24am On Jan 10
infofirst:


Good outlook doc. I looked through my chart too and I agreed. How have you been doing?

I am good sir. Thank you.
I hope you are good too sir..

1 Like

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 1:10pm On Jan 10
Theyoungmaster:
G/CAD has printed a rising Wedge. Anticipating a Sell off.
Sell stop placed @ 1.72807

GBP/AUD has printed a symmetrical triangle. Anticipating a break out to the upside. Buy stop placed @ 1.77979

Let's see how it goes.



Bar the tight stop loss used, G/Cad is playing out as anticipated. There's still room for more descent towards 1.68696 support. I'll observe what happens at the immediate support @ 1.72254 before re-entering.
sell stop is placed at 1.71649
Will move Sl up to recent swing high @ 1.722715 when the market opens.

Let's see how it goes

Re: Forex Trade Alerts: Season 21 by dennison4luv: 1:28pm On Jan 10
I will like to participate in the next contest
Re: Forex Trade Alerts: Season 21 by XAUTrader4L: 1:38pm On Jan 10
Nasty bloody week( flush out), not what i was expecting but you have to adapt when the market tells you are wrong. It closed slightly back into the zone. Right now just to wait and see where it gets support( not to catch a falling knife) though it is also concerning that it broke the recent high low which it may continue to go down and attack the 30 nov low. The weekly candle doesnt look good and frankly it has become frustrating and boring but i think that is how they want people to feel.

Re: Forex Trade Alerts: Season 21 by saxy4c(m): 4:10pm On Jan 10
Hi madam. I don't know who would have put you up to this but as my attention has been brought to this, I decided to respond. I haven't had any conversations with you about any paypal transactions. You shouldn't let yourself be used by unscrupulous elements who'd want to use my name to carry out misdeeds.
Make your verifications by asking whoever you're chatting with to mention you from my moniker before you carry out any transactions please. I always recommend HazzanTazzan for such deals as he has proven to be reliable with past transactions worth thousands of usd and has good rates. I haven't been on the NL for a bit so please be weary. Let's have a good trading year smiley

Xilsbridalhouse:
Hello guys, please can i trust Saxy4c? I intend buying PayPal funds from him...many scammers have messaged me already, but he seems to be kind of genuine. Please help me out everyone.

Thank you.

8 Likes

Re: Forex Trade Alerts: Season 21 by Xilsbridalhouse(f): 5:48pm On Jan 10
saxy4c:
Hi madam. I don't know who would have put you up to this but as my attention has been brought to this, I decided to respond. I haven't had any conversations with you about any paypal transactions. You shouldn't let yourself be used by unscrupulous elements who'd want to use my name to carry out misdeeds.
Make your verifications by asking whoever you're chatting with to mention you from my moniker before you carry out any transactions please. I always recommend HazzanTazzan for such deals as he has proven to be reliable with past transactions worth thousands of usd and has good rates. I haven't been on the NL for a bit so please be weary. Let's have a good trading year smiley

Wooooooow!!!! I knew it!!!! At first I almost believed him, Infact I believed him but something just insisted I asked him to mention me here, then he came up with “Funds has been sold” grin I checked your profile, saw that you haven’t been online for sometime, and knew he was a scam!
Infact True caller showed his name as “Anu Carpenter”, so i asked him for his name, he replied Paul, he also told me he is Igbo. When I told him about the true caller name, he then replied that he used to be a Carpenter blabla lies!
He wasn’t the only one who tried defrauding me, many of them and with the help of God, true caller exposed them all! One even acted like he was real, he agreed to inviting an escrow, for some reasons the transaction continued the next day, I messaged him and he tried to convince me to pay directly to him, while true caller showed his name as : Nairaland scammer! He ran off later just as Hassan had predicted.


To say I’m highly disappointed is an understatement! Never knew we have so many of these scammers here!!!

Fortunately for me, HazzanTazzan is a very good old friend of mine, immediately I saw his moniker I was convinced he is the same friend of mine and that turned out true.

Anyways, I’m still looking for a good seller, as I’d need PayPal funds regularly but at low rates like $400.

Thanks a lot sir.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 6:07pm On Jan 10
Please it's ok..
We don't want another round of this again

2 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:05pm On Jan 10
will be looking for selling opportunities for EU. A bearish pin bar has formed on both monthly and weekly TF. Coupled with the bearish pennant forming on the 4h TF. So I'm expecting a sell off down to the 1.20840 support drawn from the monthly Tf. A possible break above 1.22589 invalidates the set up.



This is still in play. 2084 is clearly in view. Quite pathetic I couldn't take opportunity of this drop. It's one thing to make good trade calls and another thing to take it.
We move...

Re: Forex Trade Alerts: Season 21 by PJAMES1(m): 8:07pm On Jan 10
PJAMES1:
GBPJPY.
15 minute timeframe.

Very bullish bias on this pair.
You can check it out to see if you can find anything for yourself.
142.70 is a good near term target.

I closed this around entry. And not presently in a GJ trade. I hope to buy on weakness as my bias has not changed but it looks like it wants to drop a lot for now. I am watching now.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:14pm On Jan 10
PJAMES1:


I closed this around entry. And not presently in a GJ trade. I hope to buy on weakness as my bias has not changed bit it looks like it wants to drop a lot for now. I am watching now.

Same bias here Sir. Expecting GBP pairs to sell off this week towards 1.34** zone before a bounce up.

Modified: GU was locked in a range for the better part of last week. Anticipating a break out to the downside. The pair has been overbought for a while anyways. A break above last week's high of 1.27033 and subsequently the resistance @ 1.37339(drawn from monthly TF) invalidates this sell set up.

Re: Forex Trade Alerts: Season 21 by Fibonacci88: 8:43pm On Jan 10
On the USD.

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 3:56am On Jan 11
Theyoungmaster:


Same bias here Sir. Expecting GBP pairs to sell off this week towards 1.34** zone before a bounce up.

Modified: GU was locked in a range for the better part of last week. Anticipating a break out to the downside. The pair has been overbought for a while anyways. A break above last week's high of 1.27033 and subsequently the resistance @ 1.37339(drawn from monthly TF) invalidates this sell set up.


Playing out nicely. Will enter sell if the immediate support at 34460 is broken.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 4:00am On Jan 11
Theyoungmaster:
will be looking for selling opportunities for EU. A bearish pin bar has formed on both monthly and weekly TF. Coupled with the bearish pennant forming on the 4h TF. So I'm expecting a sell off down to the 1.20840 support drawn from the monthly Tf. A possible break above 1.22589 invalidates the set up.

Playing out nicely. I couldn't take this trade on market open. Slept off. Choi.

"never chase the train, there will be many more train rides another time"

4 Likes

Re: Forex Trade Alerts: Season 21 by ekesoft(m): 5:08am On Jan 11
Theyoungmaster:



Playing out nicely. Will enter sell if the immediate support at 34460 is broken.
Nice one bro
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 7:19am On Jan 11
Selling GBP/JPY.
-Triple top on 4H TF.
-Double top on daily TF
-Ongoing Retracement on Monthly and weekly TF might stretch till 38.2 fib level (138.060 support drawn from monthly TF) before bulls come back in.
SL is set at 30 pips from entry.

Let's see how it goes.

6 Likes

Re: Forex Trade Alerts: Season 21 by Mayork2(m): 7:05pm On Jan 11
dennison4luv:


Please I need to know the best and the conditions they normally give for the trading
send me a pm
Re: Forex Trade Alerts: Season 21 by dennison4luv: 8:45pm On Jan 11
Fmusty:


The fewer the setups you have, the better... I don't know how you do your analysis, if you have not being doing this before, I suggest,

Base your bias on the big picture, check monthly and weekly, if what you see is bull, then focus on daily and 4H to suit your technical analysis and look for a buy opportunity...... If eventually you see a bear, I will personally ignore it and stick to what d bigger picture is saying, buy confirmation or no trade.... This helps me to filter.

For entry, you can go to 15mins/30mins.

Perfect your skill and look towards ftmo or 5ers for funding, after u must have passed ftmo evaluation. Building a small account is like mission impossible.


please reply my email
Re: Forex Trade Alerts: Season 21 by Mrbillionaire: 9:26pm On Jan 11
Buy uscad 2776 SL 2755 TP 2843

1 Like

Re: Forex Trade Alerts: Season 21 by XAUTrader4L: 11:42pm On Jan 11
What a confluence of support.
Lower bollinger band,
Demand zone,
Trend line from march 2020 low,
Oversold rsi and
Daily pin bar.

2 Likes

Re: Forex Trade Alerts: Season 21 by ekesoft(m): 11:49pm On Jan 11
XAUTrader4L:
What a confluence of support.
Lower bollinger band,
Demand zone,
Trend line from march 2020 low,
Oversold rsi and
Daily pin bar.

I like the way you analyze the market .. nice one
Re: Forex Trade Alerts: Season 21 by iamehmakute(m): 12:57am On Jan 12
infofirst:

Many have asked for books to read but did nothing after getting those books.
If you want more books on fx, join this group on telegram, https:///forexbookz. Books plenty there and will even tire you. Lol


the link isn't going through sir, can you help with a working link
Re: Forex Trade Alerts: Season 21 by infofirst(m): 4:13am On Jan 12
Theyoungmaster:
Selling GBP/JPY.
-Triple top on 4H TF.
-Double top on daily TF
-Ongoing Retracement on Monthly and weekly TF might stretch till 38.2 fib level (138.060 support drawn from monthly TF) before bulls come back in.
SL is set at 30 pips from entry.

Let's see how it goes.

Bulls taking over, I just bought at 141.05, tp 142.10, sl 141.30

1 Like

Re: Forex Trade Alerts: Season 21 by infofirst(m): 4:18am On Jan 12
iamehmakute:
the link isn't going through sir, can you help with a working link
May be nl cut the link, search for this @forexbookz. It shd lead to it
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 5:49am On Jan 12
Theyoungmaster:
Selling GBP/JPY.
-Triple top on 4H TF.
-Double top on daily TF
-Ongoing Retracement on Monthly and weekly TF might stretch till 38.2 fib level (138.060 support drawn from monthly TF) before bulls come back in.
SL is set at 30 pips from entry.

Let's see how it goes.

SL hit
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 5:51am On Jan 12
infofirst:


Bulls taking over, I just bought at 141.05, tp 142.10, sl 141.30

Could be a pull back. There's a strong resistance up @ 141.248. I see price being rejected there.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 5:52am On Jan 12
Trading small account hard gan. A minor retracement takes out your stops. Toorh.

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