Djwalata's Posts
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Abilistic:Yes. Fibbo sometimes if it is inline with my s/r |
Abilistic:90% of my trades r on a daily TF, d remaining 10% is 4HTF . U can hardly loss on a daily TF. look at his EURNZD now... stop loss hit. |
femora007:I will sell again if it doesn't close above 1485 today. |
saxy4c:You try but look at it this way... If it closes above 1.7576 today, it might b difficult for it to drop below it, look at d upward channel as well which serves as a support. Anyhow we trade.... Money management is all that matters
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djwalata:ujpy also closed at 30 pips profit. it might retest 108 which serves as a channel support. I'll buy again at 108 if I c buy signal.stop loss also at 107.80 silver also closed at a little profit |
djwalata:I've closed my gold at 1482. good pips in |
Don't b surprised when it gets to 0.7900 if only Friday's close doesn't close below 0.7500 Good luck. Forex trading is a skill which is to be learnt.
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Fmusty:Honestly, I'm not in a hurry to buy or sell GBP pairs right now because I'm yet to c a clear picture of d movement . I don't rush into joining a moving train when my chart patterns do not give me a go ahead. there r many pips from other pairs as well with much more clearer picture. cadchf on my mind now. waiting for how it closes today. |
infofirst:I will consider sell as well if it closes below it with a bearish signal |
Be careful to buy gusd at this price because 1.2765 is a major resistance. a daily close above it will convince me to buy |
djwalata:
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A daily close above d upward channel will open buy opportunity |
djwalata:Did someone trade this? |
My silver is selling as well |
I hope someone traded my gold call
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I c inverted head and shoulder pattern on daily TF. A break below 107.80 will rebate d upward move.
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Ogboraph:it is dangerous to trade GBP at this moment on a lower TF unless u r glued to ur screen. |
bojbest:It will b difficult for ujpy to go down unless it closes below 107.80 on a daily TF. inverted head and shoulder pattern will keep d price up above 107.80 . The pattern is negated only if it closes below d said price. If d pattern stands, we could c about 450pips upward. |
This in house fight will not help us. Gold sold here.
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Be careful when selling ujpy, I c inverted head and shoulder pattern which can ultimately deny it from falling beyond 107.80 on a daily TF. this will bring hundred of pips if this is achieved. |
Successful traders are extremely patient, it doesn't matter if d set up takes 2weeks to take shape... what matters is protecting their capital. They will rather wait until d odds are tilted in their favour. Have a wonderful week. |
alphaNomega:Sure. learnt as well from it. Lessons never stop in Forex trading |
This room is quite dull. I like it more when many pple are contributing.. whether for or against any suggestion so far it is void of abuse. I hope we all make it in Forex. |
alphaNomega:We r all here to learn. None knows it all.. I've extracted the June5 u r talking about in d chart above. the overall trend is bearish as u can c d big bearish channel drawn. as we all know that Forex can never b a one way traffic, there will b a little uptrend in d big down trend. I bliv d chart I posted concerning d June5 is enough to explain all these questions. we had little uptrend in d overall bearish channel. d black bar inside d first circle was June5 LOOK AT D EXTRACTED CHART I POSTED |
alphaNomega:Educational purposes.... I'm not your teacher but I can never trade this as a bearish pin bar... My reasons... The body of a PIN BAR shouldn't be more than one third of d entire candle itself. Kindly take a look at d other pin bar I circled, (did it failed to sell? NO....the body is never bigger than one third of d entire candle itself. Also, the the candle u called a pin bar formed in an uptrend. Check d candle very well b4 u consider it as a pin bar.
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Educational purposes... Buy signal is when d current price closes above d downward channel for d upward channel to take over. This also is in line with the 100MA (colour green) as a resistance. I'm buying this a few pips above the current price.
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To the newbies who r always going up and down searching for a romantic and out of this world indicators.... The best indicators u can ever c is on your chart. Example is this. Bearish trend, bearish pin bar, 61% fibbo as well as horizontal resistance level. What r u waiting for than to sell? NOTE.. Even if it goes against u, u ve already fulfilled ur part of d assignments. Stop looking for indicators that can't take u anywhere.
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Educational purposes... Be careful when u want to go long at d current price. 200MA is a resistance. The upward trend line also is touched already. U might consider to take profit if u r long already. I'll wait for d price to close above d trend line as well as d 200MA to consider a buy.
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Trade call alert. Expect a move upward when daily price closes above d current price level which serves as a resistance also d 200MA(colour black)which serves as a resistance. Watching closely.
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There's a minor support at d current price level but I expect it to go down if and only if it doesn't close inside d support of d channel. I'm already short because of today's employment change which is quite positive.
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infofirst:Manually drawn all by myself. Thanks. But I'm still a learner as well |
djwalata:u can join d party. Don't expect any buy at d moment. There was a bearish pin bar yesterday as I said which was rejected by d horizontal resistance and also d upper channel resistance. Today's employment change is massive as well. Good luck.
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