₦airaland Forum

On the H4 chart, the smaller rectangle is a poi on that TF right?
On the weekly TF, I see that price just filled an imbalance and is returning south yea.
And on the M15, there should be a setup for taking shorts once it returns to the poi on the H4.

So in general term, i think the way I’ll understand it is the macro structure would be weekly and daily while the micro structure is H4 below.

I also recalled that I’ve seen this Micro and Marco structure explanation in a book I once read, hopefully I’ll go back to my library.

The weekly psychological support let’s wait to see if it fails then.

charly20:
https://www.tradingview.com/x/1zfLPu3G (M15)
https://www.tradingview.com/x/zJvW9fq8 (H4)
https://www.tradingview.com/x/8OPJr7UV (Daily)
https://www.tradingview.com/x/Yitosp5w (Weekly)


Cc abham.
PS: seeing price action in the micro and D1, PA in weekly may go below 77.

I'm only shorting any jpy pairs till year's end.

charly20:
I wish there was. This is my understanding of jpy pairs since I engaged in their study since the past year.

I could draw up a chart markup tomorrow so you could see it too.

I go dey on the look out.

The Macro and micro structure shift got me confused.
Any link to read up?

charly20:
Yes. My eyes see such target at 78. I guess that's why I believe the 5% target can be achieved before the time runs out. With all the red news next week, I'm banking on them to be the needed catalysts.

For CADJPY, 200 pips could be attainable. GJ refused to approach 155.450 and has reversed. Everything is set in order and i think it's time to party RED

Short on the long term. My target for AudJpy would be 78.779 hopefully it gets there though at the moment no shift in structure or maybe I’ve not noticed. Still training me eyes.

CopyJoe:
Yes. I'll wait patiently to get in at the right price.

I am short on the long term. February may deceive with a buy. Let's see how it goes.

Baba, you sef dey watch this AudJpy, I’ve been staring at my screen since 2pm waiting for liquidty to be taken below and push up intraday.

From the M15 swing, price dey Discount and some small confirmations.

charly20:
Hopefully next week gives us our 5%.

From my current position, I'll need about 400-500 pips to make it before 6/02/2022.

See you at the top.

karkinase:
Thanks bruh .. I’m fine-tuning my trading plan. I would need to cut my risks very low. Not fun giving ur profits back to this market.

Hehe indices spreads are high and it can make or break you.
I think it’s best to just use your trading plan as wallpaper after being typed on your note pad.

Hopefully the blue pips be with you.

karkinase:
Mehn im leaving nasdaq .. that shit is a devil gives small take plenty..got me disqualified twice now

I swear, the news mess things up.

femora007:
this week get as he be

Me too, I dey look out for them always.

infofirst:
Ameen o. I am expecting you too o. You and @copyjoe

How Kingpipmarshall go reach up should be studied.

Congratulations to you all.

Feshizzy:

We have fought a good fight,
Now we must rest for others to take the lead

It was fun while it lasted,
I learnt a fresh lesson in this sha,
I broke my plan, and i paid the price,
Lesson learnt.

Contest taking a new turn.

Englishisamust:
Plz how can I measure pips on mt4 mobile.

The picture below is mt5

Use the arrow or trend line object to move between the points you would like to measure. Then check where the details for OHLC dey you go see Arrowed line 0/ figure which is pips/ degree like 25”.
To calculate the figure in pips, for example you get 490 as the figure, just divide by 100 and you get 4.9.
Hope this helps.

My thoughts exactly. I’ll be under pressure and looking for setups wheat and there.

Edd1e:
LOL. Trading competition no be for me. Una dey try abeg.

Just in time to catch up, you’re welcome.

GodwinSmauel:
Hi guys

I'm just joining this thread
And it's really amazing having to see people who are passionate about this forex thing

Glad I am here

I hope I haven't missed a lot?

charly20:
Thank you for the encouragement.

Nice one boss.

charly20:
Thank you, boss.
I'll do better next time.

I always dey look out for you on the leaderboard. I’m happy you made it up there to get recognition.

The margin for this pair high or na me no calculate am well. I’m getting this 11.346 if you divide the current margin by the 5 positions opened.

Swipa:
Been buying Eur pairs lately.

I guess this be all part of growth and how to manage emotions too.

Kaybee7000:
Too much frustration this week,never once been depressed with market like this,haba mana





Nawa o,I was closing a pair on buy and open it sell,close again and repeat the same process more than 10times and all ended in mestruation result ,I off my phone and drop ham for house ,den i comot today cos if I no do that, I fit dey comma now I swear !!!

bigbasho:
Says you

E be like na Indicator be this. If yes, I don’t use indicators and congratulations with this.

ICT is running a mentorship on YouTube, check his channel.

FreshGuy2:
i been think say na only me dy this train.. I watch currency pairs tire still i no see clear entry enter trade today,i come dy wonder if whether i still sabi wetin i dy do

I swear the last part of your sentence just be like say all I’ve learnt and all the back testing is of no use. Well I guess with time and experience everything go play out.

No suitable entry today seh.

Na to dey close trade before the end of day because Wetin AudJpy just do me, I can’t say. From profit to SL.

OB did not hold and I did not see a rejection pattern to take a trade.

abham:
Nice one baba, hopefully it reverse from the Block.
A sell limit from 0.72211 and 0.72228. What do you think?

Nice one baba, hopefully it reverse from the Block.
A sell limit from 0.72211 and 0.72228. What do you think?

Sammyklever:
My expectation on Au

Waiting to get in at new York session

I’m bullish too. Liquidity has been taken but I guess I entered the trade too early.

I need to work on my timing and price.

GreatestManEver:
AUDUSD boys what’s your bias for the sweet baby this week?
For me I’m kind of bullish, like 70% bullish

Check forex bookz on telegram

FreshGuy2:
Good evening my bosses...
Can you guys here please recommend a good and free Order Block and Liquidity Pdfs..

haryodehjia:
Yes boss.. I insist it is pullback as there's a divergence on 1hrtf and 30mintf but will be expecting it to extend to 4hrtf before the buy continues on bigger tf.. So in the next couple of days will be expecting a range bond movement

Ok I think Banks in the US will be on holiday by Monday.

haryodehjia:
We have different chart boss..

The buy for now is a pullback

Looks like you have a bullish bias for this pair.

It was a limit order that got triggered. But let’s see how Monday go look like.

Immortal99:
I think you should have just waited till monday ... because price reached ur entry point late nd will relatively stay in de same place till nxt week ...

Now u are in danger of Monday mkt open spikes and high spread....

No.2 on the 15m u can see dat the pull back is a clean nice V shape type.... which by my experience so far is no strong enough to prevent the continuation of that heavy bearish trend

Immortal99:
Bro.. you get mind ooo...

To de buy using dat tight sl and far Tp .....with all dat 4hr and daily bearish momentum

To be honest, if the high does not create a swing low lower than the recent one, it might get taken but I may be wrong.

FreshGuy2:
Still holding these two pairs AUDUSD n NZDUSD.. Hopefully they go down more next week.

For the AUDUSD, I mapped out a Demand zone between 0.72227 and 0.72000 where price will react and take out the highs of 0.73127, that’s if the demand will hold, though I already took a buy though.
I also took a sell of 50 pips which hit my buy limit to trigger the order. Hopefully we all get it right in our own way.