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Djwalata's Posts

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BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 1:37pm On Oct 16, 2019
Abilistic:
Nice one......

And you use only channel with S/R?
Yes. Fibbo sometimes if it is inline with my s/r
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 11:48am On Oct 16, 2019
Abilistic:
Do you trade only daily TF bro?
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.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 10:58am On Oct 16, 2019
femora007:
I am still holding my sell
I will sell again if it doesn't close above 1485 today.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 10:15am On Oct 16, 2019
saxy4c:
SELL NOW GBPNZD 2.0322
TP 2.0000
SL 2.0360

SELL NOW EURNZD 1.7595
TP 1.7000
SL 1.7640
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

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 5:46am On Oct 16, 2019
djwalata:
I've closed my gold at 1482. good pips in
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
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 5:39am On Oct 16, 2019
djwalata:
I hope someone traded my gold call
I've closed my gold at 1482. good pips in
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 10:15pm On Oct 15, 2019
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 9:37pm On Oct 15, 2019
Fmusty:
The very bullish candle of previous week should give u clue it might likely break it.
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.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 5:23pm On Oct 15, 2019
infofirst:
Even a daily close is not enough. Any conservative buy should be after some drop.
I will consider sell as well if it closes below it with a bearish signal
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:43pm On Oct 15, 2019
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
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:08pm On Oct 15, 2019
djwalata:
A daily close above d upward channel will open buy opportunity

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:06pm On Oct 15, 2019
A daily close above d upward channel will open buy opportunity
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:03pm On Oct 15, 2019
djwalata:
I c inverted head and shoulder pattern on daily TF. A break below 107.80 will rebate d upward move.
Did someone trade this?
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 3:42pm On Oct 15, 2019
My silver is selling as well
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 3:42pm On Oct 15, 2019
I hope someone traded my gold call

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 3:05pm On Oct 15, 2019
I c inverted head and shoulder pattern on daily TF. A break below 107.80 will rebate d upward move.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 2:38pm On Oct 15, 2019
Ogboraph:
With what GU is doing pls don't follow me oh. It may wipe account if you are not careful.
it is dangerous to trade GBP at this moment on a lower TF unless u r glued to ur screen.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 7:55am On Oct 15, 2019
bojbest:
My citerias didn’t play out well. Will let this pass.
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.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 2:07pm On Oct 14, 2019
This in house fight will not help us.
Gold sold here.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 12:44pm On Oct 14, 2019
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.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 11:22am On Oct 12, 2019
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.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 8:15pm On Oct 11, 2019
alphaNomega:
No, your extracted chart does not explain the questions I asked because that part of the chart was nonexistent at the time.

Anyway, like you said, we are here to learn. I hope you've learned something from this brief interaction.
Sure. learnt as well from it. Lessons never stop in Forex trading
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 7:04pm On Oct 11, 2019
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.
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 6:30pm On Oct 11, 2019
alphaNomega:
This is the thing with backtesting technical analysis cheesy

Below is a picture of the EU as it appeared at the close of 5th June daily candle. What is the dominant trend? How would you draw your SR and trendlines? So many questions, but I will exercise restraint!
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
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:50pm On Oct 11, 2019
alphaNomega:
I can never forget how the June 5 daily bearish pinbar on the Fibre ruined my analysis at the time. After all said and done, I went short only for a bullish engulfing bar to appear the next day and hit my SL. That was when I started having doubts in technical analysis.

The market won't work according to your methods all the time, but that moment was a reality check. I am not against technical or fundament analysis here, I am only sharing my experience. I still use both methods to varying degrees.

NB: For newbies, EURUSD is also called "the Fibre"
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:22pm On Oct 11, 2019
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 4:15pm On Oct 11, 2019
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 2:47pm On Oct 11, 2019
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 2:19pm On Oct 11, 2019
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 2:01pm On Oct 11, 2019
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.

BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 1:55pm On Oct 11, 2019
infofirst:
Is your channel auto or manual? Your S n R lines too... Manual or auto? Good one.
Manually drawn all by myself.
Thanks. But I'm still a learner as well
BusinessRe: Forex Trade Alerts: Season 19 by djwalata(m): 1:42pm On Oct 11, 2019
djwalata:
I'm short already. The chart is self explanatory. Bearish pin bar almost on d upper channel which serves as a resistance.
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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