₦airaland Forum

charly20:
If gold retests 1670 area, it may be an opportunity for short term short positions to 1627.

PS: only for study sake!
Trade safe, it's crazy Friday again.

It didn't clear up all that TL LQ the way i wanted it but the delivery is yet the same.

Happy weekend, everyone.

Usdcad is a crazy pair. Nothing anybody fit tell me again

charly20:
I've only been making observations and hardly any trades because the noise has been too much for me since 2 months (at least from a swing perspective).

***/Usd pairs seem to be in profit taking zones by the bulls and may continue crashing in the next few days (maybe to complete preparations for bullish swing trades).

I may attempt to short **/USD at tomorrow's open.

I picked two pairs from the posted charts to place orders for- GU and Usdchf respectively. I went short today for GU and the opposite for Usdchf.
GU closed with about +50 pips and Usdchf about +40 pips.

Let's see how Friday's trading period progresses. I'll then decide whether to leave it over till next week or not.

If gold retests 1670 area, it may be an opportunity for short term short positions to 1627.

PS: only for study sake!
Trade safe, it's crazy Friday again.

Took a peek at DXY and na mind games dem use everybody dey play.

There's SSL at 109.250 to be taken and an important demand zone below. Just above it is BSL to be taken and an important supply zone above. I reckon that the BSL is ripe enough to be taken.

Pattern traders can see the falling wedge and "SMC" people can see LQ pools above and below.

Let's watch.
Every system is profitable.

Galleryeasy:
The thread is becoming toxic, some of us come here whenever we want to kill boredom. Real traders don't have strength for all these unnecessary fights after a stressful day. Peace!

They are best ignored. Eventually, it will fade out.

I've only been making observations and hardly any trades because the noise has been too much for me since 2 months (at least from a swing perspective).

***/Usd pairs seem to be in profit taking zones by the bulls and may continue crashing in the next few days (maybe to complete preparations for bullish swing trades).

I may attempt to short **/USD at tomorrow's open.

Sha make crypto people collect their money now before we see Eth at $800

Cc Emmizay12

Borntosmoke:
Good evening boss, can u swing trade on mff??

I'm sure you can but the statistics indicate that daytraders survive the most in the program.

karkinase:
Bro abeg na . You no like me @ all.

The adrenaline rush go make you feel accomplished na

XAUTrader4L2:
Fundamentally the WSJ article was the one that moved the market today.
Technically gold has a potential double bottom on the daily.

@charly20 i still remember your analysis were you used my chart.

You're the boss!

kozmicity:
Relax bro, I was joking.

I make mistake. I for tell you "carry on", so that we for laugh

kozmicity:
See better party

E be like say I go soon switch my pairs. The streets is so cold right now.

Don't.

Current market condition is one to stay away from.

Be safe!

realone12:
still on day trading?
abi u Don switch go swing

Today's trade was supposed to be a swing entry.

Kaybee7000:
This GU was in 90pips when I off data , I on make I check , SL don hit, I manually closed the UJ

Exactly my situation . Trade i waited all week for, kai

Geovanni412:
Boss, everything agst usd is bouncing back to pre cpi levels. EURUSD just bounced back after losing 100 pips due to cpi. I think XAU will move upwards and hit 1670 quite easily - my two cents.

This madness moved my trade a reasonable number of pips to the proposed direction. Before I'd return to see trade progress, 100 pips sl on the opposite direction had been taken.

I guess it's time to buy up **/USD.


CPI? Looool.

charly20:
Trade your plan. I'll update far into October.


Cheers!

Trade review
_______________________________________________________________

Since the last time i made these calls, i recorded 1 win and 2 loses but a net profit overall.

I wanted to post the chart clean but neh, the "location icons" are all price notes containing my plans, executions and lessons from each setup. All three setups have changed sentiment from the previous calls i made with the close of last week's trading session.

While dxy was bearish, i tried to sell usdcad but the weyrey no gree and AU refused to join GU and EU in seeking the moon. "The market can stay irrational longer than you can stay solvent". so I cut my losses as it is in the chart and let EJ cover the losses.

With the close of last week's session, i will seek to sell AU and EJ. For now,I'm not interested in usdcad.

Have a great weekend!

A trader's journey... pic.twitter.com/D8oVQP5HMO

— Andrew Aziz (@BearBullTraders) October 6, 2022

Enjoy!

charly20:
The month is almost done.
Prepping myself for some swings for next month.



and if AU shows a bullish reversal, I'll buy up till .69***.

The criterion to go long on AU was if it traded and closed above .65310 on H4. It has since failed to do that. One loss from one attempt to buy after price traded above the determined price and sold far into the range again.

charly20:
The month is almost done.
Prepping myself for some swings for next month.


EJ - I want to buy from 139 to around 145. It could fall from there.

Any long position should be closed now. Engaging shorts!

Lanshile:
You are correct boss
I checked the dollar Index though it is bearish but realized the way the bearish movement is going u never can tell when it will change direction and as for euraud I just leave am ni
I don't know anything about correlation and I don't use it but if u notice anything be updating
I will be holding the AU Sell because it is now risk free and it is still validating my sell and the area where it is attempting to make the buy is an area where I dont pick trade
Noise is just too much at that area
Too many wick rejection but if it makes 2 bullish candle close irrespective of the volume as long as it is 2 bulls in a row I will follow ur step to look for buy

I'm sure you will find the correlation between AU and S&P 500 interesting. Clean SMT divergence right there, right now.

charly20:
I'm still looking to see if this gold scenario i pointed out sometime ago will play out.

Didn't trade it but called it.

Kaybee7000:
Lolz FTA too sweet today o, one man with $1 acct just liedown for him bed with one leg ontop of the other and start stressing my comrades here l, infact the thing reach my men(Charly and inf) LOLZ is God not wonderful


Damn I DON GIVE UP LASLAS

I just get too much free time today na why . I no go surprise the day him go post chart for this same space

GRIMMJOE:
What are you getting heated over, isn't a trader supposed to master their emotions.

Anything that can not stand the test of scrutiny will continue to fail.

And forex trade is a failed venture.

Abi na you get the tone wey you use read that write up. If the tone in your head is that of an emotional person, cheers!

I no even know you to come dey vex for wetin no concern me .

GRIMMJOE:
That why it's gambling, let her show us her full margin that failed.

Look Chief, I have no interest in arguing with you.
Whoever "she" is you're quoting doesn't owe you sh*t. "She" might as well be as successful as you can imagine, I don't care, really. "She" might as well have as little losses as you can think of, i still do not care. "She" has paid her dues, whoever "she" is and whether "she" is winning or losing shouldn't be your concern.

Learn, fail, feel frustrated, be angry, break your seat if you will. After that, if you're still interested in trading, go back and continue learning, failing and feeling frustrated till you get it right.

If you're looking for easy money that will come in daily, without much stress, go wash plate or wash cars or any other jobs out there and stop constituting nuisance.

No be by force to become trader.
Peace.

infofirst:


He has actually lost much more than that. The $1 na sarcastic figure.

Like that brother zédegit that wanted us to give him signal so that he will use 1000 lots and change his life overnight.

Ministers of FOREST affairs. Na forex we dey do for this side

karkinase:
the reason I like it is it can easily compensate for losses.

It can also make losses loooong. Uncle infofirst knows my story

Wait o. Is it this uncle that wanted to trade with $1? 700 naira?.

No be swap money be that?
Jesus! and una follow am dey argue?
Hei God!

If you say forex na scam, you are correct.
If you believe say you fit earn a living from forex, you are correct.

Una get strength to dey argue upandan. You get only $100 to trade with. You see trader wey don spend years inside the business dey run full margin, you sef carry your small $100, your one and only to run full margin. I laugh in bulls and bears.

The person wey show you him full margin trade, get 1000 $100 to play with so that if one cast, e get another one to use play and you follow am? Lol.

Let's say you're intermediate and finally got a $5000 funded account, you too wan follow run full margin so you go rake in $40,000? This delusion will only keep you among the 80% losers while those in tune with reality will be in the 20% success level in the pyramid.

It's the 80/20 rule. It is life.
My trades dem dey go well but far into October we will review.

Cheers!

realone12:
I'm a swing trader... but I have been seriously learning day trading lately.. I started when I come to realise that prop firms do not really encourage swing trading..
and me na how to have funded account full my head..

I observed equally. And i have been working ceaselessly to be as fluid as possible. Because i no go run go dey funded if I'm not properly prepared.

It's easy. Anybody could give an experienced trader to pass the evaluation phases on their behalf but na how you wan take dey business?

karkinase:
Mehn I can’t swing oo… I’m more of a scalp-Player. Once I push the swing small I leave the rest

I tried to do daytrading this month. How many times i post setup? . Sometimes, when i got it right, i won't be able to have a good night rest or do other things in peace.

Na so my mind go dey go to check if market don spoil everything. Abeg swing naim sure for me