₦airaland Forum

Davigle:
EURUSD
1M: last month candle clearly rejected off a bearish orderblock (-ob) made on wed Dec 01' 2021.
1W: the candle of mon june 12'2023, shows an imbalance, and within that imbalance, price made relative equal lows, which is in confluence with the imbalance there. Therefore liquidity seems to be residing below those equal lows in form of sell stops @ 1.08354.
1D: multiple rejections can be seen from the bearish orderblock of wed july 26'2023. the last rejection formed a swing high which will push price lower. the low of wed Aug 02'2023, is the next draw on liquidity @ 1.09124.

Davigle:
so here's my analysis for the week
DXY
1M: there's an imbalance(fvg) which was made on the Fri Apr 01' 2022, price rejected off the imbalance multiple times which can be clearly seen by how last month candle closed.
1W: we have a balanced price range as price filled up an imbalance made on mon july 03' 2023. There's liquidity (buy stops) residing above the imbalance @ 103.543 in form of relative equal highs.
1D: the relative equal highs can be clearly seen, which is our draw on liquidity (DOL), wether price gets there or not is irrelevant, but that's where price is likely to gravitate to.

Theyoungmaster:
Some folks are moving mad fr! Cos wetin be this gan gan?

samfelly:
New York and nothing else?

OfficialP:
u are missing the point bro. This is not the normal gbagbos or vawulence. Its really necessary.
Am glad boss Infofirst decided to speak up, I hope other FTA old timers who know meshpips will also speak up.


Lets call a spade a spade.

TradingGod:
nice analysis

What timeframe do you use?

dottozil:
Your bias are correct but one thing I have come to realize this past few months is that, the market does whatever it wants for example DXY has been bearish for some time now normally gold shouldn't be selling at all but for some Time now it has been selling, and If DXY is selling most dxy pairs should be buying but some are still selling. This market ehn, best thing is just to analyze each pair as you see them.

Geovanni412:
Cool.

Closed my usdchf trade sha. Waiting for retracement due to cpi to re-enter.

New york session?

What's unique about trading during that time zone?

Geovanni412:
@ davigle, hope you were able to get a buy in on eurusd

It didn't dip to the levels I expected but it has overall been bullish this morning.

Geovanni412:
I would not sell Xauusd

Reasons...
1.Market is at key support level
2. Dxy looks bearish
3. Cpi can reverse things temporarily
4. Market tends to form a pullback after 3-5 bars down or upwards on the daily. This is day 3 of downtrend on xauusd .

Personally, I don't trade xauusd but I trade Eurusd which sometimes is correlated to xauusd.

Unless cpi news will not affect gold, I expect Xau to be bullish today

Here's how I think it may go:

Jameselias:
Me, i know, i will make it, one day, but the patience to wait for those days is the problem,

The need to escape scorching poverty is the reason for the impatience

Davigle:
😱 I feel like the market is toying with my emotions. I have been bullish on both EU and GU, although yesterday I traded against my bias due to FOMO and the market smacked my behind. now I have been waiting for an entry to long either EU or GU during the NY killzone only for price to come close to my entry on EU and then take off to smash my target 😥.

karkinase:
Sentiment for USD seems to flip bearish entering US session

Davigle:
trade hit SL 😥
currently on a short scalp on GU as price is heading to take out sell stops on the H4, I'm having difficulty posting charts but I'll try and update later

Davigle:
EU buy @ 1.0989
Stop @ 1.0975

Fingers crossed. Let's see how it goes....

kozmicity:
My entry area

charly20:
Because you posted...
This is the summary of my setup without all the boring details.
Targets; Lows of June 30th Lows of May 31st Lows of March 14th

charly20:
Why you dey add my name together with big bosses their own?

😒

Piptocoin:
[color=indigo]I've replied. The pdf is about 41mb.[/color]

2paid2Bmad:
What this fake pastors don’t know is everything In life is a concept of betting.
You stake something e.g your money, your life or reputation to acquire something higher. The part where God gets angry with you is when you allow greed to come in…Now I know this is quite controversial, but let me explain.

When entering into any business, you do a feasibility study and stake your money or capital, hoping your predictions are right according to the available data before you.
This may be true or you lose your money(capital, stake)…Isn’t this the same concept with sports betting? Same with Forex and whatever you do in life, you’re either staking your money, life, ambitions, reputation or whatever you own for a better chance at success.