Borntosmoke:
This man eenh.

KING KONG wey im speech dey move market .

Borntosmoke:
This man eenh.

Raise the vahullence

Wait oh... Who else has noticed that Kingpipmarshall has deactivated?

Danator:
Wait oh... Who else has noticed that Kingpipmarshall has deactivated?

Better for him

Danator:
Wait oh... Who else has noticed that Kingpipmarshall has deactivated?

who knows, maybe he finally succeeded in securing a prop funded account after so many failures.. and he decide to japa from this thread.

realone12:
who knows, maybe he finally succeeded in securing a prop funded account after so many failures.. and he decide to japa from this thread.

Maybe. But the Kingpipmarshall I know would have made a proud exhibition of it here.

Forex trading remain risky, traders control their risk but can't control the market.
Oil price still continue drops eventually reached 86 level price. The next support roughly 83 near middle band line.
News oil, citing to Oilprice, OPEC+ luring hedge funds enter in oil market. According to Reuters, hedge funds and other money managers purchased the equivalent of 62 million barrels in the six most important petroleum futures and options contracts in the week ending Oct. 4th.

This is the best time to stay out of market.

Fxwarrior:
This is the best time to stay out of market.

I swear bro. Price just dey range

Borntosmoke:


I swear bro. Price just dey range

Boss, what do you think about hedging with tight stop of 15-25 pips in a market like this? Any move out of this tight range will likely yield anywhere from 30-100 pips. The loss will be covered up for by the potential big winner.

Borntosmoke:


I swear bro. Price just dey range

This is the time to blow accounts via revenge trades.

Let me drop something today....

BUY and SELL USDT here with safe transaction confirmed.
Chat ADMIN: https:///+1a6jEve67oJjMWY0

Donsheddy:
Let me drop something today....

Where is our entry point

Usdcad setup high possibility of a buy during cpi because we are in a bullish trend approaching the top of our overall expanding channel but if price breaks below the uptrend we start looking for sells cpi can create high volatility so it's advisable to use buystop or sell stop orders

Peterfx01:
Usdcad setup high possibility of a buy during cpi because we are in a bullish trend approaching the top of our overall expanding channel but if price breaks below the uptrend we start looking for sells cpi can create high volatility so it's advisable to use buystop or sell stop orders

What if the market surprises us by dumping usd/cad? It is at a critical reversal area after all.

Geovanni412:


Boss, what do you think about hedging with tight stop of 15-25 pips in a market like this? Any move out of this tight range will likely yield anywhere from 30-100 pips. The loss will be covered up for by the potential big winner.

Boss I don't know. I just dey run mouth for here. I be better newbie. Na u suppose they teach me this thing self

Peterfx01:
Usdcad setup high possibility of a buy during cpi because we are in a bullish trend approaching the top of our overall expanding channel but if price breaks below the uptrend we start looking for sells cpi can create high volatility so it's advisable to use buystop or sell stop orders

From your chart this looks more likely to sell than a buy.. (Rising wedge) cos you got loads of liquidity underneath

Donsheddy:
Let me drop something today....

I saw how it went against you... the market can be crazy..

Geovanni412:


What if the market surprises us by dumping usd/cad? It is at a critical reversal area after all.

The guy is also right
Boss the Long term movement of the trade is buy but their is a chance of the trade making a 150 pip movement downward base on my analysis but we never can tell what will happen due to the news
It can decide to push upward without going to take the 150 pips or it can decide to push downward but it depends on where price is compared to my entry that will determine if I will put sl to profit to cover my swap or close it

Geovanni412:


What if the market surprises us by dumping usd/cad? It is at a critical reversal area after all.

true the market could dump but I'm 90% sure it's a buy, but if we break that uptrend then we're looking for sells but as long as we're still resting on that trend line then it's a buy always apply proper risk management!

Geovanni412:


What if the market surprises us by dumping usd/cad? It is at a critical reversal area after all.

and that's what retail traders are thinking not market makers

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Peterfx01:
and that's what retail traders are thinking not market makers

For it to pump, market has to go quiet for some hours leading up to the cpi announcement. The other possibility is that we see a massive pump due to market manipulation without the market going quiet, whatsoever. Your advice on stop orders is legit sha. Na d way to go-- to run am with like wide s/l of like 70 pips and small size.

Geovanni412:


For it to pump, market has to go quiet for some hours leading up to the cpi announcement. The other possibility is that we see a massive pump due to market manipulation without the market going quiet, whatsoever. Your advice on stop orders is legit sha. Na d way to go-- to run am with like wide s/l of like 70 pips and small size.

Whichever way bro, the market will decide if any of us are right it's a win but if any of us is wrong its a lesson. your opinion was well appreciated

Peterfx01:

Whichever way bro, the market will decide if any of us are right it's a win but if any of us is wrong its a lesson. your opinion was well appreciated

Na d way i be. Make we see wetin market makers go decide.

Still hanging on to this sell limit before CPI

Lol..1:30pm today will either kill somebody's son or turn somebody's son to a millionaire...anticipating CPI!!

CPI will not do anything special but follow the overall trend which is bullish USD and bearish xxxx/USD

Update on the usdcad setup the reason I'm posting this is for traders to be aware of market maker trap seeing this it's obviously a rising wedge but look there is another pattern above which is a bullish pennant many traders will see this as a break of wedge pattern but I see it as bullish continuation pattern

Based on wetin boss Peterfx01 yan, i believe say this trade idea go align if the trade gets filled.

GBPUSD (modified):
sell stop :1.111
stop loss : 1.121
tp : 1.082
tp2: 1.062



Whichever order gets filled - we move. CC: lanshile

FXcandles:
Forex trading remain risky, traders control their risk but can't control the market.
Oil price still continue drops eventually reached 86 level price. The next support roughly 83 near middle band line.
News oil, citing to Oilprice, OPEC+ luring hedge funds enter in oil market. According to Reuters, hedge funds and other money managers purchased the equivalent of 62 million barrels in the six most important petroleum futures and options contracts in the week ending Oct. 4th.

A proper buy is loading