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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:52pm On Sep 28, 2019 |
Sorry for the many messages. Last thing to say.. I could as well be wrong with every of those setup. But someone said.. Reward comes in doing the same things over and over. This is my personal bias. Should not be used solely to make trading decisions. Look at the pairs yourself and decide based on your system. Like the bosses say.. Trust your system. I trust mine. In the end I think the psychology and money management is what distinguishes those who lose money from those who make money.. Also. Always remember... 'Wealth is patiently built over time.' No need to rush and be greedy. Be patient with what you are doing. Give yourself time. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:47pm On Sep 28, 2019 |
Finally, update on NZDCAD. We are still waiting for Nzdcad to give us something concrete at this critical support level. I can't seem to find anything concrete yet. So we wait. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:43pm On Sep 28, 2019 |
USDCAD. Nothing to say here. 'The thing itself speaks, A plank in a shipwreck.' 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:40pm On Sep 28, 2019 |
USDCHF. I am still bearish. 2 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:36pm On Sep 28, 2019 |
AUDNZD. Weekly.. Daily. Weekly: Will broken resistance turn support? One hour chart: Is that a break out from a corrective structure? Only time will tell. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:21pm On Sep 28, 2019 |
Audchf. One hour chart. Clear inverted heads and shoulders pattern. A break and retest of the neckline could present an opportunity to go long. 2 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:16pm On Sep 28, 2019 |
Pairs I am looking at for this coming week. Gold. Daily and 4 hour. A break of the neckline of the head and shoulders pattern could usher in more downside move. A reasonable entry could be clear rejection at the retest of the neckline, after a break occurs. 3 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:55pm On Sep 24, 2019 |
PJAMES1: Stopped out at BE by the upward spike in GBP today. Found another entry. Let's see what happens. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:25am On Sep 23, 2019 |
BullBearMkt: Thank you. This post was helpful. Took a big look at the pair, agreed with the bias and got an entry. Hopefully it continues down.
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:02pm On Sep 22, 2019 |
bojbest: You have a mail. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 11:59am On Sep 22, 2019 |
Benqozenero: Hmmn.. I understand. But then. Retest entries look the safest to me. Let's see how it plays out. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 11:57am On Sep 22, 2019 |
bojbest:. If it breaks the trendline, we should see the base of that channel. 0.9700 area. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:29am On Sep 22, 2019 |
USDCHF. Daily. Made an Aggressive entry. Note that the trendline might as well be respected. Infact buyers defended it aggressively on Friday when price touched it. So wait for a break of the trendline and retest before considering selling. Again, nothing is guaranteed, this can be entirely wrong and is not a financial advice. Just my personal trades.
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:37am On Sep 22, 2019 |
PIPnator10: Thank you. Beautiful trade idea. I have the same bias. I even sold already. Let us see how it goes. Won't be rushing to move my stop to BE because of the consolidation you talked about. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:28am On Sep 22, 2019 |
Edd1e:. Thank you. I have started live trading. I recently funded my live account. Will let the house know how it goes. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:23am On Sep 22, 2019 |
infofirst: Thank you. Yes, very strong selling pressure. The monthly gives me a bias in a way. I know what I prefer to happen. Of note is that, the pair has failed to make a higher high for a while now. And is challenging the last higher low presently. It may bounce now (RSI indicates oversold), but I think in the months to come, it's inevitable that the support will be breached.
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 2:02pm On Sep 20, 2019 |
NZDCAD Weekly. Decision time for Nzdcad. Now we watch closely for price action at this critical weekly support. Something spectacular may come up. Massive potential either ways. Bounce or Break.
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:46pm On Sep 08, 2019 |
infofirst: Thank you. I will be back posting charts soon. Now that I am going live this coming week. Tried funding a live account last week. Issues with my card and all. Trying to sort that out. Hopefully tomorrow I will be live. So would be back posting charts soon. .. Meanwhile.. EURUSD. 1 hour chart. From the higher timeframes, I have a long term bearish bias. There is a gap on the weekly chart many believe might be filled. Some even think we may reach parity. Downtrend from the higher timeframes, I don't think a reversal is happening soon. So I am looking to sell. I may be wrong though 3 Likes 1 Share
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 9:23pm On Aug 25, 2019 |
maryjames9: Thank you Learnt from this. So fundamentally, GBPJPY should ordinarily be expected to depreciate due to current happenings.. Hmmm |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:45pm On Aug 25, 2019 |
PJAMES1: GBPJPY. Interesting setup. Up or down. There is an opportunity somewhere there. I can't say which yet. Perhaps a little more up.. Then downnn
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:37pm On Aug 24, 2019 |
BullBearMkt: Yes.. It can continue downward. For a buy trade.. There must be a clear rejection off the present level. Preferably, one could wait to see if a corrective structure will form. And then buy on breakout from corrective structure. All in all. Movement both ways is possible and patience is needed. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:36pm On Aug 23, 2019 |
PJAMES1: Will it hold? Fingers crossed. Next candles most important. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 2:21pm On Aug 22, 2019 |
GBPJPY Long idea. We are looking for a retest and rejection off the neckline of the inverted head and shoulders pattern. 3 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:09am On Aug 22, 2019 |
PJAMES1: Demo trade A setup to learn from. The first picture was posted here. Currently, price is approaching our initial target. And I have closed one or two positions in profits already. Will it continue up? Only time can tell There were a lot of confluences to take this trade. 1) Breakout from the wedge pattern. 2) Close above the moving average. 3) A large bullish candle at the retest of the wedge resistance and the moving average. Right entry would be to wait for some retracement after the large bullish candle. Stop would be below the large bullish candle. 2 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:10pm On Aug 07, 2019 |
Thread is dry. AUDNZD Trade Idea. Long if you can find an entry. Practice safe trading please (money management) 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:10am On Aug 06, 2019 |
CADCHF in our demand zone as explained in the previous post. It's time to watch the price action closely. Personally, I am interested in shorts. But anything is possible.
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:29am On Aug 03, 2019 |
PJAMES1: Like I explained in the last post. Ranging market. The supply zone actually held. Price currently trading about 190 pips below that zone and heading to the floor, demand zone. By the way I doubted myself, closed the position, reentered at a lower price and made losses, despite the simple initial analysis and initial entry being perfect. Trading is much more than the right set-up. You have to be able to manage trades. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:18am On Aug 03, 2019 |
Trade Idea. CADCHF. Been in a range for a while. You could see the range roof and floor (the black lines). Our job now is to look closely at the price action at the range floor. My preference would be to sell at the retest, if the range floor is broken. However, note that the floor is a strong demand zone. So before selling, wait for a decisive break. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 1:47am On Jul 30, 2019 |
sats: Hmmm Delicate issue that I try to avoid as much as possible. I don't recommend brokers. As for me, I intend using Pepperstone for now. Because I already have an account with them and I have used them before, plus I have other people around using them, but I prefer Darwinex and I will definitely shift to Darwinex later on. You could search about them. If you are impressed by the reviews, fine. If not, keep searching. Any decision to use any is at your own risk. Just like mine is at my own risk. I just answered your question on which I will be using. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 1:36am On Jul 30, 2019 |
PJAMES1: This is what has been playing out with EURNZD. Correction was completed. Then next impulsive move started. NZD still strong long term. I do not recommend selling NZD if you will be holding for long. Top Down Analysis in this post with pictures. Will it continue? I don't know. Only the markets know. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 1:32am On Jul 30, 2019 |
redsox11: I still have a short position from around 1.7100 EURNZD not done going down yet in my opinion. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:20pm On Jul 26, 2019 |
Long Bias on AUD invalidated on multiple grounds. They can't seem to find support. Aud pairs. I am leaving them alone till further notice. |
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