₦airaland Forum

Observe and point out what you see.

Follow the bread crumbs and fill in the gaps (as basho says it)
So you know how Friday go be and how the next few weeks go look like

karkinase:
Let’s see what’s in for Gold

Now we have a clear change of structure,I'm interested. Tomorrow we scout for shorts.

infofirst:
Haaa. Na fake o. Best student in class inside dream. I no see any award when I woke up. One day,one day. I will rep too

Chai. Dem don do my boss mago mago

VlamesIffect:
Boss charly which time frame be this?... .na still news go determine my entry....some of those trades fit no valid after this week....but mk we dey see...

H4. Of course na news go determine how the show wan be. 2 plans;

a) If dollar crash first to that buy zone that sell for up go be short term like "enter and gettat fast" kind of trade.

b) If dollar rise first then the sell go be "enter and stay relaxed" kind of trade.

You get? . But the way the chart is looking, plan (a) is likely going to be higher probability.

infofirst:
To con counter your view ehn. I watched with amazement how that your gj went to retest the high even when it looks it was clearly down bound.Even thou it eventually went south but Well for the gj. 158. 5*/2* looks like a level I will be watching to consider buying. Usdchf is my only pair of interest in your chf pairs, I will say 0. 93*** good level I will watch for buy.
Pretty some cool pips up for grab from the yen on the downside

You and Oga VlamesIffect dey plan harvest these UsdChf o. About 500 pips to the upside. I go still share update for una for extra 700 pips to the downside . Before i settle down to trade live,make una use am boost account small.

I look forward to trading it though at least for the pleasure of rewarding myself for the patience (whether e cast or not )

This setup is still in line with the setup from 05/07/2022.

kozmicity:
Gold may or may not respect the supply zone it's at simply due to the fact that there is an imbalance to be filled directly above that zone. So it might push as high as 1805- 1811 that's when I'll start looking for sells. Gold might sell lower than 1711 in the future because there is simply liquidity to be taken and the pattern isn't complete.

Cc Charly20 I always dey admire your setups so no vex say I don give you work

Please help me with insights on my charts . Thank you

I don't know how gold will react when the market opens (obviously ) but IF gold decides to trade down first, that is what I'll be looking for to go long. IF otherwise and it rallies towards 18**, that is where I'll close partials for shorts (theoretically anyway, since i don't do "partials" ).

PS : You no give me work, I appreciate your kind review for my effort in putting out clean setups. This is just another opportunity for improvement. Thank you.

Galleryeasy:
A little bit higher? Well I'm looking out for DXY to get to demand zone , that's when it will be fully confirmed, but as it stands now no more buying,I have closed my all trades on US30.

33400-33450 is my preferred selling price.

Galleryeasy:
The Beast US30 has gotten to the dead zone, let's wait for clear BMS +RTO on 4hr, before striking, anticipating for huge sell off this coming week.

I have my eyes a little bit higher. Let the new week start, it's likely to be red.

karkinase:
Two consecutive weekly bullish close for Gold, bulls have finally taking over.. I don’t think we might see any deep retracement.

I still expect one last move towards 16** in the coming weeks.

But make we dey look. Gold shorts may just come in around 1798- 1815 area IMO. I agree with Xautrader4L2 sha.

charly20:
Update!

The second part is almost complete and indices may continue it's downtrend.

This setup is complete and I'm scouting for short opportunities. I'm yet to find a good POI so I'll wait for the market to show her hand before keeping any expectations.

Happy weekend!

charly20:
Although, i modified this setup. Let's see if sell off will begin or if it will do what i know yen to do; blow through those supplies with humongous bullish candles and keep mooning

This was called and it's 300+ pips blue. I have an estimation of 800 pips to the downside.

charly20:
Watching price delivery around my preferred point.
@karkinase, @PraiseGod4u we are in alignment. My short term TP is at 1685-1682

Make e close like that this month,make August sweet

GJ is going according to my expectation. I'll drop all updates at the end of the week.

Apparently, my gold call would have favoured only a scalper as i was caught on the wrong side . But that is the cost of trading counter trends.

charly20:
I don't think you're "missing" anything if you're already in as i would have already entered the trade if i was actually trading. However, i would have managed my lot size by going half in.

H4 and H1 have already given a LL but not a LH which on D1 would be a failed swing (i.e M pattern ). The failed swing on D1 is what I'm expecting during early week trading next week. The price I'm looking at is 165.500

This expectation is not guaranteed anyway but it is part of my learning process

All the big grammar i wrote on 23/07/2022 was represented on the charts in this just concluded trading week. Although my expectations were exceeded just a little bit to a price i imagined the market had no interest for any longer, it still gave what i was looking for before i would have entered with the remaining half lot size

Cc. Infofirst.

karkinase:
E be like Gold will sell massively oo. It have hit rock

Gold is really funny. It had all 2 weeks or thereabouts to complete wave 4 pullback to 1813, e no do am. Gold wants to run several thousand pips in 3 days... Kai

VlamesIffect:
Gbljpy dun do him worst .

Anyway i dun close for the month with 200+ pips on that buy. I dun forget say Monday na start of new month....this July just hectic one kind....

Bosses make we begin drop analysis for next month abeg....

All the analysis na tomorrow we go put head together compare notes. I go call updates for all the trade calls wey i don give so far; GJ, Chfjpy, gold and S&p 500. Whether e hit stoploss or e dey profit, we go see all

July don finish. Make we arrange for next month.

karkinase:
Charly20, did you use fib tool for your entry

I did not. But i could estimate that that area is likely premium market (>50%). I was more interested in "places of value".

I may not dismiss the idea that gold may be ranging as this is last trading days of the month. As it is with the end of any trading period, volume is usually low.

Watching price delivery around my preferred point.
@karkinase, @PraiseGod4u we are in alignment. My short term TP is at 1685-1682

Make e close like that this month,make August sweet

GJ is going according to my expectation. I'll drop all updates at the end of the week.

samfelly:
I don dey smell vawulence for Charly20 body, small small . I hope no be VlamesIffect dey rub off on all of us so o?

Anyways, u talk am well, sha, but make Quickfunding no cum use vawulence ans u back be ma fear

Oga vlames na bad influence . But true true, e get some things we no suppose close mouth for so that things kwanu no go spoil.

This one don pass be kiaful. Share idea,no......Drop chart,no.... Follow through kwanu,only when trade dey in profit. Which kain wahala be that one? If you wan make people patronize your services, open your own thread. Simple!

QuickFunding:
If you observe and like my work... My WhatsApp number s available

Chief,
This is how it's done. If you want to lure anyone to your DM, you don't scream "contact me". You make sure you find good signals with high accuracy from wherever you get your signals from and showcase it as your own. Anyone who is then gullible enough to follow your breadcrumbs trick will then foolishly land in your DM. Easypeasy!

If you want to be a con artist, do it with finesse.

PS: Don't bother calling on Buddha and the angels and the devil and whoever to help you hide your mask. It's repulsive.

Cheers!

FXcandles:
Why forex called as red products? because investor may losing half or all their investment.
Everybody who joined forex, must to agree with the risk involved.

Now, oil price still moves below 100 level price, precisely at 94.59. When we think price will moves to 100 level price and open buy, profit will be, but if buy then oil price continue to drops at 90 level price let say and decided to cut loss, hence loss will be.

My boss,
I'll be frank with you that while i always look forward to your posts, I have failed to grasp the idea of your posts. Is it time to short? Is it time to go long? What exactly are you expecting?

I hope in your next posts, you'd be able to shed more light on your analysis. Thank you.

Feshizzy:
Hello Everyone,
I greet everyone,

The Winner of fta (talk and do) contest, S01 E02
is
fatalitho

I appreciate everyone who participate in the contest as always,
You might not win the grand prize yet, but you are still a winner also.


Contest results is now open to the public,

Best Regards,

Kudos, chief. Eventually I'll join along the way.

XAUTrader4L2:
Bro i dont know anything about ew or wyckoff but in my opinion structure wise, price moving to the blue zone is a bear market. I saw briefly an ew long term chart of gold that started from 2015 if am not mistaken on twitter on friday, it suggested that the 4th wave has ended and that the 5th wave to run above 2074.

Yeah! I'd agree with the run above 2074 but that is the grander cycle (i don't know the term core Elliot wave traders call it). But I'm looking at this shorter term perspective.

When the last bearish leg is complete will be the beginning of the run towards and maybe above 2074 (that one go be for investors )

One small term at a time

DestinyDjohn:
Okay boss mi let me also add my view to GbpJpy...from the first picture below the jpy index is currently on a supply zone ...now I'm expecting jpy to show some weakness in that zone for price to drop..meaning if i should look at GbpJpy for instance,I'm looking for a short term buy opportunity since the jpy is expected to sell off ...image 2 is the chart of GJ and price is also at a demand zone correlating with the third line bounce on the trendline and the weak jpy..so I'm looking forward to see reversal patterns in m15 in that demand zone so I can buy it upto 167.00....thier liquidity resting above 166.00

I'll be looking at 830 in the index.

XAUTrader4L2:
We finally have a swing low since after gold continued the bear trend from this year high. Could this be another pullback or the actual bottom. To confirm the bottom well gold needs to change structure on the daily, we will get to know in the weeks ahead. Gold is at the bottom of the 2 year range as shown in the box on the weekly chart. A break of either side would cause a massive move. Upside break would be at 2074 while the downside would be at 1676.

Here's what I'm looking at repetition-wise. After this 4th wave correction, the 5th wave may just cause a fake out towards the blue zone.

Wyckoff-wise, that's spring. Elliot wave, that's wave 5 and institutional order flow- wise, that's clearing of liquidity.


I'm anticipating

infofirst:
I can but agree with you. Do you think a D1 reversal is not there already? I thought a push and reversal from the 4h or 1h is better to avoid missing out. Tell me what I am missing.

I don't think you're "missing" anything if you're already in as i would have already entered the trade if i was actually trading. However, i would have managed my lot size by going half in.

H4 and H1 have already given a LL but not a LH which on D1 would be a failed swing (i.e M pattern ). The failed swing on D1 is what I'm expecting during early week trading next week. The price I'm looking at is 165.500

This expectation is not guaranteed anyway but it is part of my learning process

abham:
Tsk, this is the umpteenth time I’m acknowledging that other concepts are profitable too.��‍♂️

We both have been saying the same things in long sentences....lol

The divergence remains that you are campaigning that he settles for only ICT while I'm suggesting that he takes his time to explore other concepts.

In all, we want the best for his growth.

abham:
Well, I stated earlier that other concepts make returns but ICT concepts are PRECISE . Talking about the psychological aspect of trading, that was covered in the W.E.N.T series I mentioned earlier but experience will also weigh in no doubt but saying a new trader should not start with ICT concepts, c’mon.

Tbh, baby pips material is just prepping new traders for liquidity as a new sucker is born every minute, not that the stuffs there don’t work but that’s how I see it.

I know some may come and say show us your history on Fxblue and stuff, I’m barely consistent but for someone just a year here and with the improvements I’ve made, that’s ok. Besides I started taking ICT concepts in February.

Charly you implement ICT concepts the most here, you give us the testimony.

Of course, I implement ICT but guess what? I never really went through most of his videos just basic knowledge and serious chart time. My trading system is simply market structure (yes, the usual HHs and LLs) after having tried several other trading styles in my starting months.

What I'm saying is, there are a lot more traders (even here, I'm sure) who do not implement ICT's concepts but other trading styles and they are very profitable.

I do not patronize the idea of imposing my own preference(s) upon another person simply because it is what is most convenient for me. I can float a reasonable portion of my profit but i won't tell another person to do same because I can manage the downsides of that decision but the person may not.

All in all, what I'm saying is explore and find what you're comfortable with. The market is for us all.

Thanks.

abham:
With all due respect, this is not correct!

Starting ICT’s concept is the best thing that will happen to every new trader. Initially when I started learning forex, that was the same mentality people on NL gave me that his concept is mostly for big banks and stuffs.

It might be difficult to grasp at first, I agree, even now I’m still struggling with entries though my bias has improved to like 75%. You don’t just get the concept of learning a new language once you start learning it so give yourself time. It might take months or years but the precision when using ICT concept(s) is next to none.

I won’t mention names of some traders here that use those concepts but you can see their accuracy on trade calls here before the market moves. I’m not saying other concepts don’t make money but hey, wouldn’t you want precision in your trading?

Also ICT concepts are not for lazy traders because you have to go into the charts and do your back testing and go through the forward testing phase, you might want to give up when you don’t see results. Either way you’re making progress but it’s normal, the frustration will always set in. Besides, wouldn’t you want to learn from someone who has almost 3 decades of experience in the markets?

Even some of the concepts you might come across in learning for example smart money, he the grand daddy.

Thathinka, WHAT WOULD YOU REALLY WANT AS A NEW TRADER?

Actually, I think everyone should have the option to explore. In my opinion, EVERY strategy works (trust me, i have checked).

Falcon,Wyckoff,Supply and demand, breakout trading, VSA, name them. They all work.

What every new trader will eventually have to work on is how to manage the greed, fear, frustration, anger, all the emotions that come with trading. And this is what takes time.

kozmicity:
My enter eas aggressive??
And here I was thinking I was overly conservative

For my system,yes. This is because originally it hadn't made a clean change of character yet. If was going to go gun blazing as is usually my style, I'd use half the planned lot size then the remaining half after an established change of trend.

Na money management naim sure pass

As I claimed several posts ago, ***/jpy had limited buying opportunities. The decline may have just started.

Still taking trades mentally, i have not settled for swing shorts yet (maybe by aggressive entry like @kozmicity's entry price, i should be in). It is the end of one trading week and as a new trading week starts, i may expect price to push back upwards a little bit( early week repricing) to give a D1 reversal pattern before I can go full swing mode on them all.


Cheers!
Richgen my boss, how have you been?

charly20:
166.390 is where I'd prefer to look for shorts. I may expect short term shorts from 165 anyway but long term shorts, I'll be looking at the aforementioned price

This was called. It's not too late to join.

159-155 are prices open for TP.
Trade safe!

Jameselias:
please if am to set 62 and 79 retracement in which of the box should i put it

50%, 62%, 79%.

Edit accordingly. However, those values do not mean anything specifically to me IMO. I just look at premium and discount prices (I.e above 50% and below 50% respectively)

So make you no begin give yourself unnecessary headaches