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Forex Trade Alerts: Season 21 - Business (152) - Nairaland

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Re: Forex Trade Alerts: Season 21 by SystemBet: 7:26am On Jun 08, 2021
Where ever it breaks out to this morning, overall looks bearish but currently oversold on stochastic (modified) on the 1hr

I feel a little bullish bias

Re: Forex Trade Alerts: Season 21 by SystemBet: 8:55am On Jun 08, 2021
SystemBet:
Where ever it breaks out to this morning, overall looks bearish but currently oversold on stochastic (modified) on the 1hr

I feel a little bullish bias

Wrong! cry
Re: Forex Trade Alerts: Season 21 by Donsheddy: 9:05am On Jun 08, 2021
SystemBet:


Wrong! cry

I see overall bullish...
The market is actually testing alot of people...
For me any where the market heads to
I follow...
Currently enjoying Gu
Re: Forex Trade Alerts: Season 21 by SystemBet: 9:36am On Jun 08, 2021
Donsheddy:


I see overall bullish...
The market is actually testing alot of people...
For me any where the market heads to
I follow...
Currently enjoying Gu

Weekly bearish divergence is forming....overall trend might be bearish long term
Re: Forex Trade Alerts: Season 21 by SystemBet: 10:55am On Jun 08, 2021
SystemBet:
Where ever it breaks out to this morning, overall looks bearish but currently oversold on stochastic (modified) on the 1hr

I feel a little bullish bias


Happy hunting!

Re: Forex Trade Alerts: Season 21 by Nobody: 1:13pm On Jun 08, 2021
I just switched to H4 to risk 34pips - I want to take advantage of GJ from the H4 then ride it through D1 close today if GJ remains bearish by today's close - I will close my H4 chart and back to D1.

Chart modified: analysis added to it


GabsonFX:
UPDATE: GJ and Gold: Today's close
Still no good entry for gold, I will continue to abandon it till say Wednesday close
Also for GJ, the bolded below is playing out on today's close (see attached)....I will again abandon it and check again at tomorrow's close.

LESSON HERE IS: Check gold and GJ since last week Tuesday on the D1 TF, that will be about 5 candles backward and see how price has moved within them, it would not have been profitable (swingers) to have entered those pairs as the price would have trapped you in a range. Getting trapped in a range is the easiest way to lost money and blow an account.

THE PSYCHOLOGY HERE IS: Stick to your gun, the market will tempt you, the chart will tempt you, forum noise will tempt you; but you should ONLY wait for your time, wait only for when your entry says YES and no more even if it will take days.

Finally, it's more profitable to avoid a trade than to lose it, so why the rush?


2 Likes

Re: Forex Trade Alerts: Season 21 by SystemBet: 2:01pm On Jun 08, 2021
The hardest part for me is the WAITING! Kai!
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 2:50pm On Jun 08, 2021
GabsonFX:
I just switched to H4 to risk 34pips - I want to take advantage of GJ from the H4 then ride it through D1 close today if GJ remains bearish by today's close - I will close my H4 chart and back to D1.

Chart modified: analysis added to it



Boss, I decode everything, good job. I think 4 hours isn't bad at all for entries.
Re: Forex Trade Alerts: Season 21 by djwalata(m): 3:43pm On Jun 08, 2021
It seems d minor support/resistance is playing out well. I bought since d last candle didn't close below it.

Re: Forex Trade Alerts: Season 21 by sjebube(m): 5:02pm On Jun 08, 2021
Pls drop analysis on UJ
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 5:17pm On Jun 08, 2021
Buy uschf 8963 SL 8940 TP 9500

Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 5:30pm On Jun 08, 2021
sjebube:
Pls drop analysis on UJ

10902 was rejected yesterday, and a full bullish bar foming today. I recommend Long.

SL 10910 TP 11100

Re: Forex Trade Alerts: Season 21 by bigbasho: 5:51pm On Jun 08, 2021
It has shown strong reversal pattern on Daily and H1. I will buy now if i wanna trade it SL below the previous low.... But why GJ gan sef. Its crysal clear pattern on GN.
GabsonFX:
I just switched to H4 to risk 34pips - I want to take advantage of GJ from the H4 then ride it through D1 close today if GJ remains bearish by today's close - I will close my H4 chart and back to D1.

Chart modified: analysis added to it


Re: Forex Trade Alerts: Season 21 by Nobody: 6:03pm On Jun 08, 2021
At 4H close, a bullish candle formed at the rejection...GJ is respecting that blue price....I have exited with -13pips (spread included), will wait to see today's close - so I'm back to D1 TF.

GabsonFX:
I just switched to H4 to risk 34pips - I want to take advantage of GJ from the H4 then ride it through D1 close today if GJ remains bearish by today's close - I will close my H4 chart and back to D1.

Chart modified: analysis added to it


2 Likes

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 8:24pm On Jun 08, 2021
The fall continues to 1870 tomorrow.
Re: Forex Trade Alerts: Season 21 by Nobody: 9:07pm On Jun 08, 2021
Meanwhile, these are my background running trades which I trade on my other account but don't call here....I have dedicated myself to analyzing and calling only Gold and GJ here, those, I trade on my main account

5 Likes

Re: Forex Trade Alerts: Season 21 by sjebube(m): 9:45pm On Jun 08, 2021
Elliotwaveforec:


10902 was rejected yesterday, and a full bullish bar foming today. I recommend Long.

SL 10910 TP 11100

Re: Forex Trade Alerts: Season 21 by Nobody: 9:50pm On Jun 08, 2021
Now at today's close: no entry on gold and GJ, will check again at tomorrow's close.

2 Likes

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:03am On Jun 09, 2021
Thunday1005:
Maybe the document are not clear enough

I guess so. It's bee approved now. Thanks for your input
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:07am On Jun 09, 2021
NetValueFX:

Avoid anything bonus. Please I take God beg you.
grin grin grin free things dey purge.

1 Like

Re: Forex Trade Alerts: Season 21 by djwalata(m): 10:15am On Jun 09, 2021
Closed even though it hasn't hit SL but it has eventually closed below d minor support

Re: Forex Trade Alerts: Season 21 by Gasive: 2:12pm On Jun 09, 2021
djwalata:
Closed even though it hasn't hit SL but it has eventually closed below d minor support

You should have waited a bit longer. Gold will boom any moment from now. You can still buy now.
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 2:16pm On Jun 09, 2021
XauUsd Sell at 1895

Stoploss at 1905

Target 1865
Re: Forex Trade Alerts: Season 21 by TheYoda: 2:33pm On Jun 09, 2021
Gchf and egbp

Re: Forex Trade Alerts: Season 21 by djwalata(m): 2:58pm On Jun 09, 2021
Gasive:


You should have waited a bit longer. Gold will boom any moment from now. You can still buy now.
Fxwarrior:
XauUsd Sell at 1895

Stoploss at 1905

Target 1865
I don't c gold selling at d moment because of many reasons.
Lower high is being formed.
Trend line resistance will b broken soon
Re: Forex Trade Alerts: Season 21 by djwalata(m): 3:06pm On Jun 09, 2021
May b the minor support in d circle did not actually get broken

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 3:35pm On Jun 09, 2021
Gasive:


You should have waited a bit longer. Gold will boom any moment from now. You can still buy now.

At what price did you buy
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 4:11pm On Jun 09, 2021
djwalata:


I don't c gold selling at d moment because of many reasons.
Lower high is being formed.
Trend line resistance will b broken soon

Lower high means bearish.

Yesterday's high was 1903

Today's high is 1898

It means a continuous drop in price.
Re: Forex Trade Alerts: Season 21 by Nobody: 4:36pm On Jun 09, 2021
Yes boss, while I wait for a close on D1, I sometimes visit H4 to ride the direction into D1, then close the H4 chart and focus on D1; by doing this you risk less and also you have already gained back your spread and some few pips just to get prepared for D1, and if it does not work, you have very little to lose like this one where I exited at -11.0pips (spread included). The best thing is to know when to get out if it will not work.

Elliotwaveforec:


Boss, I decode everything, good job. I think 4 hours isn't bad at all for entries.

1 Like

Re: Forex Trade Alerts: Season 21 by djwalata(m): 4:45pm On Jun 09, 2021
Fxwarrior:


Lower high means bearish.

Yesterday's high was 1903

Today's high is 1898

It means a continuous drop in price.
What I mean by lower high(according to some) is what many sites call higher low.
It depends, even Justin calls it "lower high instead of higher low.
Re: Forex Trade Alerts: Season 21 by Nobody: 4:50pm On Jun 09, 2021
This is NU, a close below the blue price today - I will short it with SL indicated, risking 60.0pips, TP OPEN. H1 indicates a breakout.

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 4:59pm On Jun 09, 2021
This is NJ-D1, a close below the blue price by the end of today, I will short it risking 60pips. TP open...Reason: Downtrend confirmed on H1, expecting a clear breakout.

1 Like

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