₦airaland Forum

Current stance of gu We're gonna have some major bleeding once significant areas are broken

kozmicity:
Sells?!?

To be honest right now I can't say for certain it looks like the market wants to just play around

Gu update take profit was hit before the market started reversing if you were on this trade congrats now the sells for gu continues

Add more positions now price is still above our support sl and tp will come later

Sl-1.11714
Tp1.12722

The market has failed to break that temporary support we have there and also created a double bottom so let's scalp buys together

Update on the gu trade gu is currently at a major level if price stays above that lowest rectangle box then scalp buys with caution since overall trend is pointing lower be safe and always break even when in profits

Lanshile:
Okay but dont post a message that translate to mockery to the reader
I understand u entered too early we traders always give excuse for our fail trade it is normal

its not a failed trade if it is the overall direction it's only a late entry

How's it going traders hope you all are trading safe update on the nasdaq setup take profit was hit but market conditions these days are harsh so you know we can't control how long or how the markets gets to our desired price its up to the market, we should point out the direction and let the market do the rest

Lanshile:
Do u still remember this call u made
If we followed u blindly do u know how much would have been lost but I no quote u just like u just did to elliot


Pass ur message if the person listen fine and if he doesn't just ignore the aftermath u no need am

See bro let me tell you something yes it was too early to give that call I also took a loss on that whatever trade I post here I'm also on it whether you quote me or not I'll admit I took a loss on that trade don't take things too serious my swing update on gu is still valid and nasdaq approaching take profit!

Elliotwaveforec:
For me, na strong buy.
1538

LoL bro hwfr

Please guys Runaway from buying gu today !

Lanshile:
Big man
I'm sorry to say I think u need to go and make corrections to the way u draw ur trendline so as not to be getting the wrong man information
If it is wick u want to be using to draw it connect it with each wick from point A to point B without the body of the candle interfering and if it is the body u want to be using use line chart to draw it so as to get accurate point of close then change it to candlestick after that
U will be able to read ur chart more better that way
If it is the wick u are using if the candle make a close at that trendline u will know the setup has become invalid and if it is the close of tye candle u want the be using u will know that if a wick bounce from ur trendline u will know how to approach it

yh your right where you place your trend line matters, if You also know mt4 shifts trend line so basically I analyze first on trading view get the perspective there and come on to mt4 to make it look similar with what I have on trading view and a trend line shouldn't be too perfect it's just a guide by the way where do you stand on gu today?

Yesterday signal update the market took me out only to respect this highest point and now it's time to sell nasdaq to that trend line

karkinase:
Mondays are really meant to reset the market.. been having a bad Monday streak.

There is some sense here no cap

Finally the buyers are done we should start seeing sellers entering the markets today was just buyers for gu
Free signal sell nas100 now
Sl -11133.97
Tp1 10979.60
Tp 2 10933.95

abham:
The big boys are shorting the market bro, just be careful as there is a sms with a failed high as you marked.

Check out the commercials figure in the photo below as they are short.

This post is not to invalidate your setup but just be careful to not get caught on the wrong side.

lol extremely careful at this point if you have made profit break even and bro I would love you teach me more about this

Lanshile:
Big man Analyse it again to check if it connect to a buy
If I were to trade this I will be looking for a buy instead of a sell

LoL bro be careful tho

I'm anticipating a strong sell momentum for gu so I'll strongly suggest to only be looking for sells this week for swing traders you can hold this trade with me and keep adding to your winners as the market moves for a sell

How's everyone doing, I hope we are all preparing for the markets this week cause work never stops as a forex trader I'll like to share my breakdown on gbpusd which is due for a potential 500+ pips so you all can also make some money as well it's straight forward and simple

Vawulence everywhere if you think your a good trader and you want people to trust you to pass prop firm challenge or their hard earned money simply drop 5 signals for the group to know your accuracy while we execute your signals on demo account violence shouldn't come first

The joy choke the bag secured����if you took this trade congrats don't think like a retail trader think like a market maker

Update on the usdcad setup the reason I'm posting this is for traders to be aware of market maker trap seeing this it's obviously a rising wedge but look there is another pattern above which is a bullish pennant many traders will see this as a break of wedge pattern but I see it as bullish continuation pattern

Geovanni412:
For it to pump, market has to go quiet for some hours leading up to the cpi announcement. The other possibility is that we see a massive pump due to market manipulation without the market going quiet, whatsoever. Your advice on stop orders is legit sha. Na d way to go-- to run am with like wide s/l of like 70 pips and small size.

Whichever way bro, the market will decide if any of us are right it's a win but if any of us is wrong its a lesson. your opinion was well appreciated

Geovanni412:
What if the market surprises us by dumping usd/cad? It is at a critical reversal area after all.

and that's what retail traders are thinking not market makers

Geovanni412:
What if the market surprises us by dumping usd/cad? It is at a critical reversal area after all.

true the market could dump but I'm 90% sure it's a buy, but if we break that uptrend then we're looking for sells but as long as we're still resting on that trend line then it's a buy always apply proper risk management!

Usdcad setup high possibility of a buy during cpi because we are in a bullish trend approaching the top of our overall expanding channel but if price breaks below the uptrend we start looking for sells cpi can create high volatility so it's advisable to use buystop or sell stop orders

Lanshile:
Boss if u enter live with the way u just execute this trade u will lose everything
I like telling people the truth
Just because it worked out now doesn't mean it will the next time
Their is luck in trading but don't ride on luck

I didn't enter this trade because I felt like entering let me give you a little expo, I first understood the market structure which is an expanding channel and entered on right shoulder of the head and shoulder and have in mind there was retest on the 15 mins and that's where I entered and if you know how to locate your 3rd strike zone you'll know all this was in confluence saying the same thing, I'm still a beginner in this business so I'm open to learn new things

So with All these inspiration and motivation who is trading cpi this week with me

Funny enough the market is like a person trying to catch a rat and leaves cheese all around which is success on demo trading and the get Rich quick scheme and live trading is where the big trap is with the big cheese in the middle only those with knowledge can access the cheese without been cut-out. A little inspiration forex is possible and not a scam and don't complicate things in forex, simple makes the most money in this game think outside the box if you want to succeed in forex