Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 12:10pm On Sep 07, 2021 |
CopyJoe: I believe you'll recover your losses if you make it slow and steady.
Thanks for the info.
When I finally go live, I'll withdraw my profit as often as I can.
My goal is cash flow. I am not a fan of compounding until I have made enough and used it to acquire assets.
As per your current trade, is that not 100 pips plus I am seeing for 0.03 lot size? So I understand by the bolded that you want to "get rich quick?"  Well, I on the other hand am a huge fan of compounding. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 11:51am On Sep 07, 2021 |
I'm channelling my last energy to focus on Gold. I have EU and USDCAD running already at good prices.
My POI still remains below 1800. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 6:21am On Sep 07, 2021 |
Trade opened on EU at 1.1880. let's see how far we can ride this wave.
@ogashman
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 12:46pm On Sep 06, 2021 |
ogashman: Selling EurUsd
Entry 1.1864 Sl: 1.1875
Tp:open Boss, I'm looking at .1880 since 4hr has not made a lower high yet, that price could be a good price for a lower high before the train leaves for good. What do you think? |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:49pm On Sep 05, 2021 |
samfelly: Sniper Entries? Good. Any materials to guide me on that, pls? Since na small account we dey always trade, den Sniper riffle is a must have I learned some concepts from ICT but I try to trade with confluences since na small account I fit dey trade with  I can't afford to trade what I feel at this stage of trading. I'm still too inexperienced to want to run before the story teller. Instead let her tell the story and we play along. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:36pm On Sep 05, 2021 |
samfelly: I have been wondering if anyone here know any strategy or course or materials I can read to help with entries like dis (image attached) I think they are called "sniper entries( trading what you feel and not what you see)". I only think it depends on how well you may have studied price movements over time. Not a fan though. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:31pm On Sep 05, 2021 |
klinksd: My perspective on Gold has changed.
Analysis on W1, D1 and H4 suggests that price could retrace to a little above 1839, then, pullback to the swap zone of 1800/1801, before the rally to 1864/1866 thereabout.
No trade idea is infallible though. PA is always key.
@charly20 @Kaesyrn, it has been a while...hope you are good. Amen to that. I was going to pick GA to replace gold till I looked further and saw an opportunity. I hope it goes as planned. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 1:05pm On Sep 05, 2021 |
For a moment, I thought gold has run away beyond reach but I may just get lucky to see price return to my POI.
Fingers crossed to see the lower part of the wedge approached and off to 1860 it will be.
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 12:50pm On Sep 05, 2021 |
skylane: thank God risk management is the sure game you know the price just completed the move as u said it was initially going down and news never change direction of price only hasten it but well looking at bullish next week but we wait price to give us signal They said "nobody is wrong and nobody is right in the business" because bears eat, bulls eat and pigs are slaughtered. You were right and turns out I'm equally right. Cheers to a new week! I hope we get pips this week (the blue ones though  ) |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 10:42am On Sep 04, 2021 |
Weekly recap! I had marked up my dxy wrongly during the week. @skylane you were right that NFP would be negative but It didn't cause a lower low but did what I expect NFP to do  . "Mitigate prices at an old accumulation box I had neglected" . But it didn't sell below the box. I have "swing trader's eyes" so I was mostly interested in making sure the bullish bias remains. The confluences for which I'm buying the dollar are; >Wave 4 is complete. Wave 5 maybe happening from next week, seeing that we still have a higher low. >Mitigation complete >usdcad has completed her 4th wave in the falling wedge around discount price. >The 4hr PA closed with a bullish engulfing candle (I think) for dxy. PS: The last confluence would be a shift in structure. I expect the dollar to rally to 95/96 which are equilibrium prices. I'm open to change of bias as I'm not the storyteller ,THE CHART IS
Slowly, I'll get there.
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:16pm On Sep 03, 2021 |
skylane: hope you had a better stop loss bro,structure broken I dint see this message quickly I would have warned u,becos i will still break Thanks bro, I'm doing fine here  . I risked 60 pips for her. I'm not flinching one bit. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 6:29pm On Sep 03, 2021*. Modified: 8:18pm On Sep 03, 2021 |
As the week closes, I'll still be keeping my eyes peeled on that area. Apparently USDCAD is only looking for a good HL. EU hit her head hard on an old resistance(lol). Buying now is quite expensive (I don't even entertain the thought). Gold didn't come down for me to buy cheaper, So I would looking for shorting opportunities instead. With my tight leverage I can only trade three at a time , so no other pair but to study these three. Someone said sometime that trading is boring(but interesting  ) I'm beginning to see it now. And a little update from my watch list, I've substituted usdchf for GBPAUD. Usdchf price moves too choppy for my taste. I hope to finally settle with the pairs that I find most comfortable to study. Happy weekend everyone!
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 5:03pm On Sep 03, 2021 |
CopyJoe: I am now in love with Gold.
I'll trade Gold with H1 & H4.
I'll allow it to run on D1 sometimes.
If I get my entry right, I'll trade it into D1.
The goal is D1 but entry will be on H4 & H1.
If the trend is not clear, I'll trade H1 & H4 and take profit. Gold be running away from me  but I'm waiting for here at 1860. I refrain from chasing her. Zooming out , a sell from 1860 will be something else  . Unless otherwise stated. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 3:16pm On Sep 03, 2021 |
With all the gra gra, no structure was broken anywhere  . I'm still maintaining my bias till today closes. skylane: boss I don't fear NFP so should other people who are better than me here eg you it follows the price action I only expect NFP to do one thing; purge liquidity (take out buy stops and or sell stops). Nothing else. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 1:09pm On Sep 03, 2021 |
skylane: am seeing shorting first Omo... Wahala o. I'm seeing this on USDCAD from my end. The show is about to start anyway  . Let's enjoy 
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 1:00pm On Sep 03, 2021 |
klinksd: For the bolded, watchful waiting till 1770, even 1767...e get why...  Abi o. With gold, I can never be too careful with my small cap.  |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 12:57pm On Sep 03, 2021 |
skylane: NFP is here! it has been looking trickish but as the time comes close to 12gmt its beginning to unviel itself I see a negative news for the dollar base on structure but this is not a trade call,will weight with closer time to release @charly20 It's getting tricker no doubts. No confirmation for longs yet.  But I still maintain my bias till otherwise. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 7:34am On Sep 03, 2021 |
GabsonFX: Added: By the time you get taken out at BE, price continues in your direction; you lament and want to enter again in order to join the move - This I absolutely go against, don't try it at all - you will be obviously and rigorously chasing price if you do and trust me, your psychology would be messed up by this time.
If you find yourself in this shoe, just uninstall MT4/5 and go on a compulsory holiday.
This speaks to me.  Gj is no longer an open position because of this but I learned  . I no go do am again.  |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 6:53pm On Sep 02, 2021*. Modified: 8:25pm On Sep 02, 2021 |
skylane: bro I think you are right even though the news fit jobless came out positive it dint have effect on the currency but instead we going down for a final touch ,maybe and just maybe the NFP will be positive for dxy,but let's see Nice to see you're seeing from my angle. I've been stalking USDCAD and she has made the move I so much anticipated. I'll post my chart later as I'm not comfortable enough where I am atm. That's why I've been looking for sells for EU a long time. Maybe dxy will be bullish after all. Cheers! ModifiedThe three pairs I can only trade atm (so sorry Gj  ).I'm waiting to see if gold will come to 1792 area.EU becomes a tradable asset for me when I see the today's low broken maybe with NFP impact otherwise hands off. Dxy has not shown me willingness to go lower and USDCAD is right where I want her. See attached
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 1:24pm On Sep 02, 2021 |
skylane: good evening colleague base on probability am not saying it must fall,besides I can't really give you accurate direction until 30mims to news release,now looking at the structure,we have a falling Dollar already struggling to go back up but mffff, private nfp companies in USA did a consensus yesterday it fell the dollar hard,at mostly they use it to gauge the government NFP,by 12:30gmt we have news oof jobless claim coming up,it might push the price back up then NFP tomorrow might push it down Ok... I see your angle now. But as I like to say, we watch together, we learn together. Cheers! |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 10:37am On Sep 02, 2021 |
Piptocoin: [color=indigo]I was really wondering the statement I made that must have offended him. He probably misunderstood my intention.[/color] Nah, I understood the man. He probably had read with a particular intonation in his mind, if you know what I mean. But it's all good now.  |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 9:24am On Sep 02, 2021 |
Lordfave98: with all due respect Sir, I just started about 2 weeks back and I’m pretty sure I do have an inkling to some of the terminologies you listed, I came across this thread last night and decided to follow up because I saw professionals here and would love to be informed in areas I’m deficient in, mind you I have no tutor but got the little I know about Forex from watching YouTube videos and reading about some terminologies in Forex, I rely heavily on YouTube for lessons as I haven’t got funds for now to pay for any class and that doesn’t make me less capable to learn it, reason I asked is, because I have zero practical knowledge, haven’t seen anyone trading to know how to go about it but I’m quite knowledgeable about it and some other things theoretically. Well what do I know?, you are the professional but a little advice from me, please learn how to criticize constructively. Thanks I really hope you'd stop feeling offended sir, but I think @piptocoin means well for you. Maybe you read with a different intonation inside your mind but I think he means well. It's a process you've started, welcome to the community. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:48am On Sep 02, 2021 |
skylane: you are right bra,news complete structure,and I make 80% of my profit on it,I was lucky with oil inventory news yesterday,the way am looking at the structure of the market NFP Friday will fall the dollar but an still checking not yet confirmed Quick question, Why do you think dollar will fall?  I'm seeing the opposite. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 9:14pm On Sep 01, 2021 |
charly20: So as I was pointing out yesterday about USDCAD, I closed the Friday buy order at the grey area and I'll be standing aside tomorrow to see the party happen. (I really hope to see .25400)
EU has reacted nicely at the .18430 area, I would like to see it close inside the yellow line. (I already have an open sell order after intra day confirmation)
Dxy reacted nicely at the previous area I marked. All in preparation for the last bullish move (I believe).
Gold did her magic intra day but I'm still waiting on her.
Till tomorrow, we watch. Today's recap, EU created a new high today which signifies my entry was too early. Closed out with -15 pips. I'll wait tomorrow to see if today's low would be taken out or we would see a new high heading for . 1870. Though it still plays within the channel. I'm trading with change in structure. I still favour a short for my EU because NFP looks to favour the USD. (My opinion)
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 7:23pm On Sep 01, 2021 |
Forexislife: Shitty week?
All buys closed. I think everyone's careful cos of NFP  News only purges liquidity and hastens the normal direction of a trend. But if one is inexperienced,na to jejely comot body before account go bleed  |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 7:20pm On Sep 01, 2021 |
Thought I should share with the community.
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 3:17pm On Sep 01, 2021 |
Trading with tight leverage only gives room for a few pairs or a limited lot size to trade with (Thank you, Infofirst).
At this point, I can only choose three out of five on my watchlist.
>Usdcad still building liquidity. >I hope EU does not break my projected 4th wave line or channel resistance otherwise bias changes provided dxy plays along.
>Pair no.3 =gold. Liquidity build up still happening.
Therefore, no trade today, Only watching. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:00am On Sep 01, 2021 |
Gj lives in a range.
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Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 7:05am On Sep 01, 2021 |
NetValueFX: If you can tell me the overall trend on this chart I will answer your question.  .... Dorime. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 9:21pm On Aug 31, 2021*. Modified: 9:53pm On Aug 31, 2021 |
yomifowe: Which is the best timeframe to trade: 1hr, 4hrs or daily? IMHO, I think it's subjective and depends on your personality. That's why there are scalpers, day traders, swingers and position traders. It's left for you to assess yourself and understand what's most suitable for you.  |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:18pm On Aug 31, 2021 |
charly20: After studying the PA of today for USDCAD, dxy and USOIL, I'll be closing my already opened buy order of USDCAD at the grey zone (flip area). And wait to buy cheaper at the .25400 area. I'm counting on the OPEC meeting and NFP to further aid in purging liquidity.
Meanwhile, gold may give me the greenlight tomorrow, I still wait at my highlighted prices. |
Business › Re: Forex Trade Alerts: Season 21 by charly20(m): 8:16pm On Aug 31, 2021*. Modified: 9:10pm On Aug 31, 2021 |
So as I was pointing out yesterday about USDCAD, I closed the Friday buy order at the grey area and I'll be standing aside tomorrow to see the party happen. (I really hope to see .25400) EU has reacted nicely at the .18430 area, I would like to see it close inside the yellow line. (I already have an open sell order after intra day confirmation) Dxy reacted nicely at the previous area I marked. All in preparation for the last bullish move (I believe). Gold did her magic intra day  but I'm still waiting on her. Till tomorrow, we watch.
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