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Forex Trade Alerts: Season 23 - Business (18) - Nairaland

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Re: Forex Trade Alerts: Season 23 by BinaryRocks: 9:35pm On Jan 09, 2023
Emmizay12:
Una wey dey use Deriv trade synthetic, make una dey careful

shocked

1 Like

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 9:36pm On Jan 09, 2023
OfficialP:
No major news until Thursday

Just expect volatility at 3 o'clock

Re: Forex Trade Alerts: Season 23 by Jameselias: 10:07pm On Jan 09, 2023
Cable (GU) is confused
Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 1:50am On Jan 10, 2023
I will be scalping Gbpusd to the upside, if price drops, test and trade above the thick orange horizontal level on my chart, just below the HOW. If price respects the level and trades above it, I will lookout for reversal patterns to buy GU .

2 Likes

Re: Forex Trade Alerts: Season 23 by FXcandles(m): 2:13am On Jan 10, 2023
China signaling to increasing oil import quota in 2023. Oil price drop to 74 level price after reached high 76.

Oil price now near lower band line looking new low.

Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 2:51am On Jan 10, 2023

https://www.youtube.com/watch?v=NF47ipLP_rc

1 Like

Re: Forex Trade Alerts: Season 23 by karkinase(m): 8:31am On Jan 10, 2023
Nice one GU

Re: Forex Trade Alerts: Season 23 by meshpips(m): 8:38am On Jan 10, 2023
meshpips:
For the coming week . . .

USDJPY

Buy limit at 131.41

Stop loss at 130.65

Target at 135

All the best everyone!

Price bounced from the level and did about 100+ pips on the buy.

I will re-enter buy at a level lower than 131.41

Re: Forex Trade Alerts: Season 23 by Darkpal: 8:44am On Jan 10, 2023
Copied:
MUST READ guys.
Want to be in the top 1% of traders?Look at these statistics by MFF:
60% of people who buy challenges don't use stop losses. Use a SL and you're already top 40%.
10% of traders who purchase a challenge pass the Phase 1 of the challenge. If you passed Phase I, you're already top 10%.
24% of traders who passed Phase I pass Phase II. If you passed both phases, you're already top 2.4%.
3% of traders who passed both phases got their first payout. If you've had your first payout, you're already top 0.072% of the traders who purchased a challenge.
The traders who reach their 4th payout have a maximum daily drawdown rule of 3%. I still think that's a lot. I would do no more than 1% of a live account a day.
The profitable traders are in the market less than 4 hours a day. I try to do no more than two 3 hour windows. But preferably I just trade one of those windows.
The most profitable traders don't hold trades overnight. I see no real problem with this besides swap fees. If your strategy allows it, go for it
A trader who holds trades over the weekend has a high chance of failing or losing the account. Monday open tends to be really volatile, but again, if you've backtested your strategy go for it.
When the markets are volatile more traders fail due to lack of discipline & risk management. Set a maximum daily drawdown, don't trade messy PA, and stay out of high impact news events.
Traders who are on their 8th payout never risk more than 2% on a trading day and stop trading once they've reached 4-8%. These traders make sure they get paid. There's no need of pushing upwards of 10%+ each month. Scale the accounts up instead of trying for crazy returns.

10 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by meshpips(m): 9:00am On Jan 10, 2023
USDJPY

Sell at current price 132.28

SL 35 pips

TP1: 131.43

TP 2: 131.21

4 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 9:09am On Jan 10, 2023
What I'm looking at today.

2 Likes

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 9:15am On Jan 10, 2023
Buy usdjpy now

3 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 9:22am On Jan 10, 2023
This was valid afterall

3 Likes

Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 9:41am On Jan 10, 2023
#Gbpusd like i shared earlier....

3 Likes

Re: Forex Trade Alerts: Season 23 by OfficialP: 9:44am On Jan 10, 2023
There's possibility GU dropping to 2100 before rallying

2 Likes

Re: Forex Trade Alerts: Season 23 by kozmicity: 9:47am On Jan 10, 2023
Tunechi5:
no limit ...naira account when using online transfer they'll give u a Nigeria account to transfer to

Omo... shocked have you used XM before?

2 Likes

Re: Forex Trade Alerts: Season 23 by ThatNiccur: 9:50am On Jan 10, 2023
Emmizay12:
Una wey dey use Deriv trade synthetic, make una dey careful


Hi, do you care to explain please? This is vague and I'd love to learn.

What are the things to be careful about?
Is the demo platform different from the real platform?
Do they manipulate trades based on one's entry, to take one out

Please share sir, I'd love to learn, as I am testing a strategy on Demo and it has been profitable overtime as seen in the screenshot

2 Likes

Re: Forex Trade Alerts: Season 23 by Veenbanks(m): 9:55am On Jan 10, 2023
Happy new year! smiley

2 Likes

Re: Forex Trade Alerts: Season 23 by ThatNiccur: 11:05am On Jan 10, 2023
Veenbanks:
Veenbanks is back. No time for long talks. As promised to my synthetic traders.
Boom 1000
Sell; 10068
SL; 10098
TP; 10008

NB; Apply proper risk money management system.


Been riding the trade for 2 days now, the sell set up is still valid, your stoploss was pretty tight and I'm pretty sure you got shut out.

4 Likes

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 12:01pm On Jan 10, 2023
The usdjpy buy signal is fomc signal and also i gave out nzdusd sell signal yesterday which has been playing around but today we will finally drop who sharp make this opportunity no fly you its my contribution to the community If you miss this na you sabi


Buy usdjpy
Sl-131.320
Tp-133.985
1-3RR

3 Likes

Re: Forex Trade Alerts: Season 23 by samfelly: 12:04pm On Jan 10, 2023
Geovanni412:


The challenge you have is one of market structure. The market rarely prints trend bars consecutively two days in a row. Check the pair of your choice and watch over 30 days. You will not see more than 6 times in which there were two trend bars consecutively.
The big moves you are looking for only show up after there have been haramis or inside bars for 2-3 days on daily. E.g. look at EURUSD chart this week.

My comprehension dey slow these days. Abeg, thorw more light on this. And if it is not much of a promise, add charts to paint it clearer for a dullard like me, chief grin

3 Likes

Re: Forex Trade Alerts: Season 23 by Lanshile(m): 12:31pm On Jan 10, 2023
Peterfx01:
The usdjpy buy signal is fomc signal and also i gave out nzdusd sell signal yesterday which has been playing around but today we will finally drop who sharp make this opportunity no fly you its my contribution to the community If you miss this na you sabi

Trade alert is different from trade signal
By posting trades u are creating awareness for a trader that their is a potential opportunity and he/she will check it out to see if it align with is view
Don't be talking like u are doing anyone a favor by posting chart

5 Likes

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 1:20pm On Jan 10, 2023
Lanshile:


Trade alert is different from trade signal
By posting trades u are creating awareness for a trader that their is a potential opportunity and he/she will check it out to see if it align with is view
Don't be talking like u are doing anyone a favor by posting chart

Bro just chill you either trade it or leave it
Re: Forex Trade Alerts: Season 23 by ThatNiccur: 1:22pm On Jan 10, 2023
ThatNiccur:



Been riding the trade for 2 days now, the sell set up is still valid, your stoploss was pretty tight and I'm pretty sure you got shut out.

Sell is still valid, entered real quick to lock in some profit. Take a sell and set TP at previous support candle, although it might be a little late now, as I entered at the close of the previous candle. You might also want to wait it out, to see price break out of the last support level, if it does, you can go short. I'm using the 1hr TF.

Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 1:23pm On Jan 10, 2023
saintfaculty:

https://www.youtube.com/watch?v=NF47ipLP_rc

Gbpusd trade closed at BE, we go again tomorrow.

4 Likes

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 1:33pm On Jan 10, 2023
samfelly:


My comprehension dey slow these days. Abeg, thorw more light on this. And if it is not much of a promise, add charts to paint it clearer for a dullard like me, chief grin

Chief, below is a chart of eurusd from August 2021- September 2021. In the box areas, you can see harami/consolidation period. It is the breakout from this box zones that gave the big move which all traders dey find. Observe the 1 month period and count how many times a trend bar was followed by another( about 3 times). Most times , a trend bar will be followed by pinbars and a frustrating period of consolidation for trend followers.

1 Like

Re: Forex Trade Alerts: Season 23 by meshpips(m): 2:37pm On Jan 10, 2023
CADCHF

Sell at current price 0.6894

Stop loss 30 pips

TP open

3 Likes

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 2:55pm On Jan 10, 2023
On the signal i gave after the first push please take profits the market is just using the news to retest after a breakout
Re: Forex Trade Alerts: Season 23 by karkinase(m): 3:00pm On Jan 10, 2023
Market moving very brutal this January.. always stay close to ur trade.
Powell on the news now
GU update

1 Like

Re: Forex Trade Alerts: Season 23 by pipfisher: 4:27pm On Jan 10, 2023
They say there is no holy grail in Forex... I am on quest to discover one. It must be hidden somewhere on the charts.

2 Likes

Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 4:42pm On Jan 10, 2023
To be a champion, you must first think like a champion.

1 Like

Re: Forex Trade Alerts: Season 23 by Tradinggiant: 5:02pm On Jan 10, 2023
pipfisher:
They say there is no holy grail in Forex... I am on quest to discover one. It must be hidden somewhere on the charts.
Good luck.
And don't forget to close the gate while coming back

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