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Forex Trade Alerts: Season 23 - Business (267) - Nairaland

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Re: Forex Trade Alerts: Season 23 by klinksd: 11:58am On May 23, 2023
infofirst:


Why not wait for it to complete her drop. Or at least for a 4H reversal close
Turn by turn

Edited.. The 1h closed good. Just protect the entry or reaccess the tp.

...you were right ooh....what an elder sees while sitting on the ground, the young ones go climb tree and still no see am.... cool

... we are coming boss. 🥂

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:00pm On May 23, 2023
klinksd:


...you were right ooh....what an elders sees while sitting on the ground, the young ones go climb tree and still no see am.... cool

... we are coming boss. 🥂

Gu drop jusr started....
No sign of bulls yet...
Bears just broke a key levels...
They should drop more
Re: Forex Trade Alerts: Season 23 by klinksd: 12:08pm On May 23, 2023
Donsheddy:


Gu drop jusr started....
No sign of bulls yet...
Bears just broke a key levels...
They should drop more

Na wa oooh...

...put your TP close nah, make I chop small buy, even if na pullback.

You just dey short since morning...only you...there is God oooh grin

1 Like

Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:11pm On May 23, 2023
klinksd:


Na wa oooh...

...put your TP close nah, make I chop small buy, even if na pullback.

You just dey short since morning...only you...there is God oooh grin

Better Join the Winning team oh 😂😂😂

1 Like

Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:15pm On May 23, 2023
Donsheddy:


Gu drop jusr started....
No sign of bulls yet...
Bears just broke a key levels...
They should drop more

GU will soon start buying .
Current H4 candle is overextended to the downside. A mean reversion (correction to the buy side is expected).
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:17pm On May 23, 2023
@infofirst so sorry about your health condition. I will send you messages on WhatsApp when it is day time in your location.

Pele
Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:18pm On May 23, 2023
infofirst:


Thank you. Nope.
Okay.., it will faze out pretty soon.. stay tight
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:20pm On May 23, 2023
meshpips:


GU will soon start buying .

Today candle is definitely closing bearish...
Buying wont be more than 30pips thats if they will buy
Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:21pm On May 23, 2023
Donsheddy:


Gu drop jusr started....
No sign of bulls yet...
Bears just broke a key levels...
They should drop more
Omo that GU na continous selling oo.. every retracment na chance to reload for sells again .. until 1.2305 before we can be watching out for reversals.
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:24pm On May 23, 2023
karkinase:

Omo that GU na continous selling oo.. every retracment na chance to reload for sells again .. until 1.2305 before we can be watching out for reversals.

You get it...
Re: Forex Trade Alerts: Season 23 by sampz: 12:33pm On May 23, 2023
infofirst:
I want to express my gratitude to everyone. I value each and every comment, wish, and prayer that has been shared with me. It serves as a valuable lesson for all of us.

It's important to distance ourselves from negative thoughts, emotions, and individuals. The condition I am currently dealing with, known as Vertigo, seems to be influenced by an unconscious accumulation of negativity from various sources. My inner ears seem reluctant to release all this information, leading to severe dizziness and vomiting.

I find comfort only when lying down, as sitting or standing causes discomfort.

If anyone has personally experienced Vertigo, I would appreciate hearing about any remedies or solutions. I have also explored therapy videos on YouTube, as certain exercises have proven helpful in overcoming the condition.

I have undergone all possible tests, scans, and examinations, and everything appears normal and negative. Therefore, infection or similar issues are not the cause.

In a humorous sense, I suspect that my ears have accumulated an excessive amount of "charts" information and are unwilling to let it go. 😂😂😂😂





speedy recovery boss
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:43pm On May 23, 2023
Donsheddy:


Today candle is definitely closing bearish...
Buying wont be more than 30pips thats if they will buy

It should be about 50 pips.
Put any measure of dispersion indicator on your chart. You will see the clear over-extension to the sell side.

A mean reversion is needed for a corrective wave before any other impulsive selling can be considered.

1 Like

Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:53pm On May 23, 2023
meshpips:


It should be about 50 pips.
Put any measure of dispersion indicator on your chart. You will see the clear over-extension to the sell side.

A mean reversion is needed for a corrective wave before any other impulsive selling can be considered.

.


This grammar is plenty sha...
But with what im seeing now...
Its suicidal to press buy...
Cus bears just started there move...
Any bull move now is just a pull back
Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:54pm On May 23, 2023
meshpips:


It should be about 50 pips.
Put any measure of dispersion indicator on your chart. You will see the clear over-extension to the sell side.

A mean reversion is needed for a corrective wave before any other impulsive selling can be considered.

Nice 👍 one .. this is what we should be s discussing on this thread on a market week .

5 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 12:55pm On May 23, 2023
Selling GJ at 171.800 with stop loss at 172.400 may not be a bad call.
Tp at 167.***

charly20:
Strong yen in the coming days + weak GBP since may = strong recommendation to short GJ.

The risk to reward is like 50 pip risk (max) and 300 pips reward (minimum).

Be safe.

1 Like

Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:19pm On May 23, 2023
Donsheddy:
.


This grammar is plenty sha...
But with what im seeing now...
Its suicidal to press buy...
Cus bears just started there move...
Any bull move now is just a pull back

Secondary school maths nor be waste of time. We were taught about :
Measures of central tendency - mean (or average), median, mode etc
Then
Measures of dispersion: Range, variance etc

Your ATR indicator measures dispersion. Use it on the H4 time frame, you will see that the current H4 candle has exceeded the Average value which the ATR gives.

Use another indicator that measures dispersion - Bollinger bands which is basically standard deviation (set deviation to 2, period to 24 and shift to zero).
We have 24 hours in a day (this is why I used 24 periods on H1 time frame).
You will see that price has CLOSED below the lower band.

Statistics has it that about 90 or 92% of the normal distribution reside with the envelope formed by 2 standard deviations above the 24 SMA (Middle band) and 2 standard deviations below the 24 SMA.

Once and if price closes below the band, you can begin to look for reasons to buy and expect a reversion to the mean (average) price

We have seen the close below the lower band. We have seen price fail to make a new low in the just completed hour (thus forming a degree one swing low)

Bulls are around bro!
Re: Forex Trade Alerts: Season 23 by karkinase(m): 1:26pm On May 23, 2023
meshpips:


Secondary school maths nor be waste of time. We were taught about :
Measures of central tendency - mean (or average), median, mode etc
Then
Measures of dispersion: Range, variance etc

Your ATR indicator measures dispersion. Use it on the H4 time frame, you will see that the current H4 candle has exceeded the Average value which the ATR gives.

Use another indicator that measures dispersion - Bollinger bands which is basically standard deviation (set deviation to 2, period to 24 and shift to zero).
We have 24 hours in a day (this is why I used 24 periods on H1 time frame).
You will see that price has CLOSED below the lower band.

Statistics has it that about 90 or 92% of the normal distribution reside with the envelope formed by 2 standard deviations above the 24 SMA (Middle band) and 2 standard deviations below the 24 SMA.

Once and if price closes below the band, you can begin to look for reasons to buy and expect a reversion to the mean (average) price

We have seen the close below the lower band. We have seen price fail to make a new low in the just completed hour (thus forming a degree one swing low)

Bulls are around bro!
Professor 🥸you are right thou .. there is lack of selling @ the moment because sellers want to sell at a premium level hence bulls will take advantage and move price back to the mean
Re: Forex Trade Alerts: Season 23 by Donsheddy: 1:33pm On May 23, 2023
karkinase:

Professor 🥸you are right thou .. there is lack of selling @ the moment because sellers want to sell at a premium level hence bulls will take advantage and move price back to the mean

Small chart wey we dey manage boss Meshpips don. Carry plenty grammer full inside....
I never dey see bulls sha....
Gu wey just break 1.23900

Dude gas do atleast 50pips from there
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:34pm On May 23, 2023
Buying UJ .... Yesterday's SL hit
Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 1:34pm On May 23, 2023
Gu is bearish until further notice
Re: Forex Trade Alerts: Season 23 by Petah(m): 1:37pm On May 23, 2023
peteregwu:


You like to competenand compare and thay shows you still a kid and immature trader.

It's not that I can't trade with 1 or more, I have done that in the past when I was so desperate and taking trades from others but after I had learnt the hard way, I decided to go off any social media for sometimes for like a year; by then I had to go back to learn more and more and I was humbled and started using smallest lotsize with live accounts just to deal with my emotions and discipline and also to understand how swing traders catch huge pips in the market. I was desperate not for the money but for the huge move in the market, then the whole thing started clicking gradually till now.

Below is my 1000+pips I made from cadjpy and gbpjpy last year and cadchf with about 600+pips and with just 0.01 alone. I could have increase my lotsize but I was also learning to observe the market move. So, Mr man, forex is not for competition. It's only new traders or immature who are not discipline that love to show off for ego.

Those trades you see, I held it for like a month plus. I am in jeff group on telegram and they saw it last year December.
Thank you for the bolded. I think I am getting there. I hope I get to learn from you a lot.

1 Like

Re: Forex Trade Alerts: Season 23 by iichidodo: 1:43pm On May 23, 2023
Peterfx01:
Gu is bearish until further notice
Don't think so bro ...All indicators point to a strong buy.
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:44pm On May 23, 2023
Peterfx01:
Gu is bearish until further notice

I sincerely hope you put some real money behind this assertion?

I will ask you to show us your GU sell in the near future.

Let's only try to say things that we put our own money on because some younger traders might be trading based on these things we say.
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:45pm On May 23, 2023
Hot tip for the 2pm candle stick stand point... You see GU? Just buy and hold till 6pm. Remember your SL. cheers
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:48pm On May 23, 2023
iichidodo:
Buying UJ .... Yesterday's SL hit

Bro, this might buy but maybe for just some pips.

Kindly go back on your H4 chart and look for something that looks like an evening star (3 - candle pattern). It is not exactly an evening star because the bearish candle closed far lower than the open of the bullish one.

That whole setup is very strong supply.
Look within the micro-structure of that 3-candle pattern to find your sell entry.

1 Like

Re: Forex Trade Alerts: Season 23 by iichidodo: 2:02pm On May 23, 2023
meshpips:


Bro, this might buy but maybe for just some pips.

Kindly go back on your H4 chart and look for something that looks like an evening star (3 - candle pattern). It is not exactly an evening star because the bearish candle closed far lower than the open of the bullish one.

That whole setup is very strong supply.
Look within the micro-structure of that 3-candle pattern to find your sell entry.
Bought UJ at 138.67... And it's gone through the roof plus it is just 2pm...By my calculations, the bulls have it for now this evening. Hopefully this burst through 140? ..141?..
Re: Forex Trade Alerts: Season 23 by meshpips(m): 2:06pm On May 23, 2023
iichidodo:
Bought UJ at 138.67... And it's gone through the roof plus it is just 2pm...By my calculations, the bulls have it for now this evening. Hopefully this burst through 140? ..141?..

Okay, I hear you.
VAP shows 138.8X as resistance and 138.40 as supply for November 30, 2022

It went from being bullish on that day to closing bearish.

History just might repeat itself.
Fingers crossed!
Re: Forex Trade Alerts: Season 23 by iichidodo: 2:12pm On May 23, 2023
meshpips:


Okay, I hear you.
VAP shows 138.8X as resistance and 138.40 as supply for November 30, 2022

It went from being bullish on that day to closing bearish.

History just might repeat itself.
Fingers crossed!
Scratch what we said before because we just closed our UJ buys...Now selling from a good vantage position infact better than yesterday's. Kudos...

1 Like

Re: Forex Trade Alerts: Season 23 by LordXau: 2:18pm On May 23, 2023

Re: Forex Trade Alerts: Season 23 by meshpips(m): 2:22pm On May 23, 2023
What is happening right now is a simple sentiment play (Henry Liu's style).

The upcoming economic report at 14:45 hrs (local time) has created a concerted weakness in the USD.

You can check Gold and all the majors, they are all showing a weakness in the USD.

Some 5 -10 minutes before the news, I will exit all my positions.

This is how to buy the rumour and sell the news!
Re: Forex Trade Alerts: Season 23 by samfelly: 2:23pm On May 23, 2023
dottozil:


How do I register for the TFT competition pls, this is my first time

Bro, hope you saw where I mentioned u, sir?
Re: Forex Trade Alerts: Season 23 by samfelly: 2:30pm On May 23, 2023
Niceguy24:
Bro abeg drop registration link
Exam don finish so i suppose get free time
Thanks

Did u see where I mentioned you, also? Na una I dey look dey waka. Abeg join if you never do so. Meat plenty for soup no mean say the soup go spoil

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