₦airaland Forum

CopyJoe:
EU removed.

AU also removed.

I'm left with GU, GJ, and Gold.

The dollar is still weak.

But the buy has left. Long candles already printed.

Elliotwaveforec:
Gold about to move up; buy 1788 with SL 1778, TP 1900

Sweet gold

The competition has ended the thread is now dry.

Or is it because we are approaching the fourth quarter?

I know trading activities drop in 4th quarter.

CopyJoe:
AU also removed.

I'm left with GU, GJ, and Gold.

I would equally be reducing my pairs to 3.

I'm about being a specialist

charly20:
I would equally be reducing my pairs to 3.

I'm about being a specialist

For a newbie like me, I think we only need few pairs.

I can add more as I grow.

CopyJoe:
For a newbie like me, I think we only need few pairs.

I can add more as I grow.

True. The few pairs one has, the better he understands the price action about that pair.

I look to understand the PAs of EU, UCAD and gold

Forexislife:
Waiting for a possible retrace back to 1801 for a sell opportunity.

and this is how it ended.

I have reduced my lot size due to low level of confidence in my trade for the last 2 weeks.

Again, I am only concerned about consistency until next year all things being equal.

CopyJoe:
@Forexislife

I believe with market structure you'll be able to tame Gold. Just analyze on D1 and use your H1 for entry.

You already have the confidence to trade it.

No man can tame gold lol. For the confidence part? It's an everyday thing. To be profitable in this field is not child's play but we move.

CopyJoe:
The competition has ended the thread is now dry.

Or is it because we are approaching the fourth quarter?

I know trading activities drop in 4th quarter.

I was banned from posting since yesterday.

Forexislife:
No man can tame gold lol. For the confidence part? It's an everyday thing. To be profitable in this field is not child's play but we move.

I intentionally used the word tame.

I meant you can become profitable from trading the asset.

Forexislife:
and this is how it ended.

I have reduced my lot size due to low level of confidence in my trade for the last 2 weeks.

Again, I am only concerned about consistency until next year all things being equal.

Nice one boss.

CopyJoe:
I intentionally used the word tame.

I meant you can become profitable from trading the asset.

Of cos. That is very possible. Growing my account from 120 USD to over 400 in 3 months+ is a big win. The consistency is not an easy thing to do I tell you. There are days I don't trade and I feel left out even if price move over 200 pips. Not easy I tell you.

Watching gold again...

I don’t know how but I’m doing quite well with LTCUSD but I’m still observing if I can master the pair, though I have others I’m watching.

charly20:
I would equally be reducing my pairs to 3.

I'm about being a specialist

Forexislife:
Watching gold again...

Well, didnt see any reason to trade this. Till next week.

abham:
I don’t know how but I’m doing quite well with LTCUSD but I’m still observing if I can master the pair, though I have others I’m watching.

If you feel really confident trading it. I don't see why you shouldn't master it

CopyJoe:
AU also removed.

I'm left with GU, GJ, and Gold.

Fridays are usually like that especially when the pair made some serious move during the week.

Lmao the spread scares me, I’m thinking of dropping ETH though it has the same chart pattern with LTC.

charly20:
If you feel really confident trading it. I don't see why you shouldn't master it

VeeVeeMyLuv:
Fridays are usually like that especially when the pair made some serious move during the week.

They are good pairs to trade.

The only reason I removed the pairs is the fact that I can't trade many pairs for now.

charly20:
I honestly don't think so. I think it's just retracement which is rightly due.

I think it's only going to RTO at 92.303 area which is a mitigation block. I'm still bullish on the dollar in the coming days till 95/96.


My margin is preventing me from adding up positions on my already running trades.

What's RTO and mitigation zone?

Elliotwaveforec:
What's RTO and mitigation zone?

Reading now

My break is finally over.

Not trading is also part of trading.

The break has helped me to learn more.

I'll demo trade with a $30 account on Exness as from market open. I want to get used to the broker before I go live.

@GabsonFx,

Boss, it's been a while.

Mitigation zone spotted, added to my knowledge.

As I said earlier, I'm still very bullish on USD and bearish on EU. Unfortunately, I was so busy that I didn't observe price mitigate those areas so I could manage to add a few more positions.
I'm a swing trader-in-training the kind crypto traders call HODLERS so I'm ready to lose an already profitable trade if it suddenly goes against me. Since USD has so beautifully reacted as expected, I'll still HODL my USDCAD till 1.30 and EU till I see USD becoming weak.

Elliotwaveforec:
What's RTO and mitigation zone?

An RTO is "return to order block". By my understanding, It is an ICT concept which denotes an area where institutional buyers come to close orders which they had previously opened after accumulation or distribution.

There are many "blocks" though .

I learned from ICT, glad to see you found something interesting from my post.

Enjoy your weekend!

charly20:
As I said earlier, I'm still very bullish on USD and bearish on EU. Unfortunately, I was so busy that I didn't observe price mitigate those areas so I could manage to add a few more positions.
I'm a Player-in-training
the kind crypto traders call HODLERS so I'm ready to lose an already profitable trade if it suddenly goes against me. Since USD has so beautifully reacted as expected, I'll still HODL my USDCAD till 1.30 and EU till I see USD becoming weak.




An RTO is "return to order block". By my understanding, It is an ICT concept which denotes an area where institutional buyers come to close orders which they had previously opened after accumulation or distribution.

There are many "blocks" though .

I learned from ICT, glad to see you found something interesting from my post.

Enjoy your weekend!

Thanks for replying. You're good.

Short UScad 2658 SL 2675 TP 2550
Long AU 7363 SL 7340 TP 7450
Long Gold 1790 SL 1778 TP 1830
Long GU 3840 SL 3825 TP 3940

Elliotwaveforec:
Thanks for replying. You're good.

You're welcome

In the past two/three days, data from gold shows a preparation for 1822 ish but I had to go to M5 to see if it's ok to engage in the long yet but apparently, it's still what I believe to be the last move of the bearish corrective wave (the 5th wave)

I think it would be more comfortable to buy if the high of what I describe as wave 4 is broken.

Till next week! I'm grateful for this week's blue pips.
It's difficult to develop the right psychology and it's even more difficult to WAIT for the setup to be completed especially as a new trader but I have submitted to TIME