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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (155340 Views)
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 12:38pm On May 23 |
Cashhy11:This would have been a nice place to enter after the break of the recent low by an M15 candle, there is also the center pivot acting as resistance too. But there are Usd news coming by 1:30pm & 2:30pm respectively. So entering this trade at the time it presented an opportunity is a bad idea. But it's a good thing the short happened as predicted. It gives more confidence. BtcUsd has finally cracked and shot up as predicted, after using the pivot center point as the new support, price at 70k, you can breakeven at this point and let the probabilities play themselves out, or you can just be me and say fuc k it, let's go. 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 12:47pm On May 23 |
LordBillionz:Trading platform? Can you be more lucid please, because I don't understand what you meant by trading platform I make use of. Analysis done on Tradingview and trades taken on Fundednext. |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 1:19pm On May 23 |
The screen time doesn't necessarily mean you're gonna sit in front of chart watching candles sticks behavior all day. What I believe they meant was, have a strategy that you will strictly adhere to day in day out, by trading only this strategy, you will see how it fails, how it works. The screen time here is to figure out why it works in some scenarios and why it fails in some scenarios too. By so doing, you are gathering the screen time already and you know when your strategy works more, and when it fails more. With this knowledge, you will only take trades during the scenarios your strategy works more and won't trade at all at those scenarios they fail more. This is a life long career that can make one financially dependent in this world we are in, it's time we started investing on it. Instead of getting a prop account to practise, why don't pay for tradingview premium to backtest data and keep journals, I see people here all the time fighting to win free prop accounts, giveaway, but we know deep down they don't look ready. Majority of them ends up blowing the account, and they'd say they've learnt but they haven't. They are still the same, because they are not being fully honest with themselves that they are not good enough. Luck or prayer doesn't work in this line, only statistics does. Your win rates in relative to risk reward. When you finally have a strategy that has been fully backtested by you yourself. The only thing left holding you back will be you and not any other external factors. 4 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by leetylee: 1:26pm On May 23 |
Did any of you saw the tweet about kojofx and the propfirm saga |
Re: Forex Trade Alerts / Discussions: Season 24 by peterincredible: 1:29pm On May 23 |
Cashhy11:thanks for your input I really appreciate noted already |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 2:32pm On May 23 |
News didn't make me take trades today. EurGbp long UsdCad short BtcUsd long, and most of them aren't doing bad at all. Apart from this BtcUsd. UsDollar is weakened with the news release @1:30 but it's acting strong against BTC. O ga o, crypto traders, I hail o. Is this how crypto instruments behave? 2:45pm is almost here, so no more news till 7pm, let's go through the pairs to see If they've got something to offer before 6pm.
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 2:54pm On May 23 |
Cashhy11:The 2:45pm news release has scattered everythingπ€£. Day traders that trade during news release are really trying, all my technical analysis being based on what's 50:50 release is something I can't cope with. |
Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 2:55pm On May 23 |
Petah:amazing. π€π€π€π€π€π€ Eu short . . . |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:28pm On May 23 |
NzdUsd short, I'm taking half my positions off at that 0.60846 and break even the other half and let it ride to TP or SL, or close manually if it doesn't happen till 6pm. I need a break and retest of that 0.61074, I will join the continuation candle to the downside.
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:47pm On May 23 |
GbpAud Long. The counter trendline broken, the resistance broken, just retest and continuation needed to enter. Those purple horizontal lines her for partial profit taking if trade turns out positive. That's all for the day.
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:08pm On May 23 |
Golden Hint on Gold Trading Each day, b4 5pm naija time, you see gold making a full body candle this long. Go to M5 and do the opposite...sure way to make money. More hint to come on this. Shalom! 4 Likes 2 Shares
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:31pm On May 23 |
Bought again, let's see if we can push it up GabsonFX2:
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:33pm On May 23 |
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:35pm On May 23 |
Current state, still waiting to take this one's profit before today's close.
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:40pm On May 23 |
The true life of a scalper. I post trades here only when I swing, but today I decided to try posting scalping today 2 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:41pm On May 23 |
Close now in profits too. I'm done for today 3 Likes 1 Share
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 4:48pm On May 23 |
UsdCad long, resistance broken and retested, let's see if the next M15 candle will close above the high and we long it. GbpAud has failed to close above its recent high, maybe the break was a fakeout, that's one of the way to know, rebreaking a former high few minutes or hours it's created.
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 4:48pm On May 23 |
GabsonFX2:One and only Gab of our timeπ 3 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by Supremefx(m): 4:57pm On May 23 |
New YouTube Video Out Now Go Stream Now https://www.youtube.com/watch?v=KLpeu-vZJO8?si=fDPWqENAgEwJTUxQ |
Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 5:18pm On May 23 |
Done for the week... Its been a long time I go agressive on a single trade.. 3 entries
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Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 5:35pm On May 23 |
dmahn: Nice job |
Re: Forex Trade Alerts / Discussions: Season 24 by Deynum: 5:36pm On May 23 |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 5:55pm On May 23 |
It's 6pm already, even though the trades look promising for a continued moves to the predicted direction, I close all my trades whether in loss or profits latest 6pm. EurGbp short signal came earlier, so I already sold before GbpAud broke the high, so I couldn't take two Gbps simultaneously, UsdCad also gave a long signal. All in all, the three calls were on point once more. Don't predict, but react to the market. Follow the price. I'm done for the week. Results of the trades taken this week. Wonderful week it has been, hopefully next week is better. 8/10 for the week. Lost 2, won 8π 4 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by amabengroup2(m): 6:10pm On May 23 |
leetylee: Please what happened, do you mind sharing with us here? |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:11pm On May 23 |
It's not even the money sometimes, the feeling of getting direction right most of the time is something else entirely. The feeling is heavenly, the confidence in your system up to the roof. 2 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 7:04pm On May 23 |
Confidence in this business is non negotiable. . Trust your boss even if idolo drop him own. π€π€π€ Eurusd. Monitoring gbpaud. Likely shorts coming. |
Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 7:43pm On May 23 |
Petah:if the candle close bullish today, i will look for long positions tomorrow. shallom. |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 7:45pm On May 23 |
Been thinking with closing trades at 6pm, I'm leaving too early, especially days like today when news has disrupted the day already. Maybe 8pm might be more ideal, since that will mean 3pm New York time. I'm leaving too early. Four calls after news, only three posted here though: GA, NU, UsdCad. Results below. 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 7:45pm On May 23 |
i agree with you sir. i think thats the phase that signal consistent profitability is close.... Cashhy11: |
Re: Forex Trade Alerts / Discussions: Season 24 by LordBillionz: 7:52pm On May 23 |
Cashhy11:I meant the broker you use. Exness or ...? |
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