Willing to short GU at market price tommorow or wait for a little upward movement towards 1.27699 before shorting. Tp1@1.27000 ..TP 2@1.26476

Alternatively I've found an inverted head and shoulder pattern which looks like the bulls might come in at the left shoulder(Tp1 @ 1.27000)...But the H4 is still downtrend so the buy is a risky one. I will be buying if the low is taken out on a false breakout giving us a hammer candlestick.. Then I will go long and put Sl below the hammer low

EmmanuelVi:

I agree with you on the DXY our lady...The DXY is still bearish on the very near term, but has so much bullish momentum that piqued the interest of bulls from the 12,744 Weekly support level (blue line).
We could be seeing a proposed (or unconfirmed, as I like to put it) change in trend if price pushes further with the bullish momentum and manages to breach the top of the last lower high nesting just beyond the 12,923 Daily resistance level.

Sooner or later, we should see price showing bearish pressure in order to retest the zone betwixt the 12,771 Daily support level (2nd red line) and the 12,744 Weekly support level (blue line), so to decide whether to stay above it or continue back down in agreement with the Weekly bearish trend.

Closed this guy in little profit just to avoid holding trade over the weekend..Will place an instant sell order of 0.01 at market opening price and the limit orders will add to lossing position should there be deeper retracement. The low is TP and Open

Bimmarlykay:




Lolzz i just dey talk ma my mind boss, you're the boss ...normally ama scalper but if you apply 200 EMA you'll see it at 1949&1950 on H1 & H2 respectively...those things most times sends prices back. But on second thought,you might but right cus Bollinger band center MA is positioned @1954 on 1D and price might touch it


But those two places are my point of interest then i wait for confirmation before I know if its a buy or sell as it might break 1955 and go way up to 196x .

Spot on bro...where have you been all these while... your outlook resonates. 🥂

The Yen....well, market structure's already telling the story, let's just see if the next series of price action agrees with the story.
141.77 Daily support (red line) is the decision ground for bulls.

zonall:


Thanks Chief...well, let us see what the market prints.

I would also like to see your perspective, viz entry and take profits.

Cheers. 🥂

Technically... as that MA nd Bollinger band seems comprehensive check a 2h chat you'll see a descending channel and price moving up to test 1950-1952 I'll wait and see if they can send it back to 193x

zonall:


Spot on bro...where have you been all these while... your outlook resonates. 🥂

Lolzz boss market has thought me how to look at different perspective b4 concluding.

I will be looking at a bearish dxy for this week ..my bias will only change once price breaks that high

dmahn:
Willing to short GU at market price tommorow or wait for a little upward movement towards 1.27699 before shorting. Tp1@1.27000 ..TP 2@1.26476

Alternatively I've found an inverted head and shoulder pattern which looks like the bulls might come in at the left shoulder(Tp1 @ 1.27000)...But the H4 is still downtrend so the buy is a risky one. I will be buying if the low is taken out on a false breakout giving us a hammer candlestick.. Then I will go long and put Sl below the hammer low

Umm...how do you make sense of your candlestick bodies (talking about the colours), won't they be sort of confusing or don't you consider closing prices?
I mean the colours you're using for your candlesticks are green and...well, green lols..

Wetin i know be say tomorrow... Anywhere you meet gu just press sell ....

I sha will be waiting for them at 27800...
But if i see a reason to sell before den na selling....
Till 26000

Oga infofirst, some of us dey here wer no talk fa, we're in the race abeg help us if we fit make better progress.

infofirst:
I am active member on this thread and I am qualified to participate in competition here but I will not make any post atleast in a week to tell what my weekly overview is like, I will not ask questions, I will not answer any question. I will not like, comment or share. And I will make 10% and claim infofirst prize.

Dey play.
Dey play dey play

Oga infofirst, some of us here no dey too talk fa, we're in the race too, abeg make una help us if we see better progress

infofirst:
I am active member on this thread and I am qualified to participate in competition here but I will not make any post atleast in a week to tell what my weekly overview is like, I will not ask questions, I will not answer any question. I will not like, comment or share. And I will make 10% and claim infofirst prize.

Dey play.
Dey play dey play

Cara12:
Why am I seeing a bearish dxy and bullish Eurusd while majority are seeing otherwise? Euraud looks bullish too.

Chart

Bimmarlykay:


Technically... as that MA nd Bollinger band seems comprehensive check a 2h chat you'll see a descending channel and price moving up to test 1950-1952 I'll wait and see if they can send it back to 193x

...well drawn trendline, though I use Bollinger Bands as my dynamic trendlines.

Beyond your 193x, I see 1910.8 as a minimum, more like a first target for M5, there should be some ranging or retracement afterwards, with H4 pointing structurally for a further descent to 1774.

Usually, I confirm trends and entries on both H1/H4 and M1/M5 timeframes to ensure only highly probable trades, while increasing my RR.

zonall:


...well drawn trendline, though I use Bollinger Bands as my dynamic trendlines.

Beyond your 193x, I see 1910.8 as a minimum, more like a first target for M5, there should be some ranging or retracement, with H4 pointing structurally for a further descent to 1774.

Usually, I confirm trends and entries on both H1/H4 and M1/M5 timeframes to ensure only highly probable trades, while increasing my RR.

Fair enough chief.

Tho i won't writeoff price hitting 1960 cus traders propose but market diposes.

Bimmarlykay:


Fair enough chief.

Tho i won't right of price hitting 1960 cus traders propose but market diposes.

Of course bro, we may be wrong...we lose some, we win some, hopefully more.

Cheers.

samfelly:


CONGRATULATIONS, you did exceptionally well.

Thank you.

Had a bias that USDZAR is ripe for southern movement past the mark circle below.The chart look pretty clean and clear for elliotwave entutiast.
The only warning here is her strong volatility can sent you parking to village so be careful trading it.

EmmanuelVi:
The Yen....well, market structure's already telling the story, let's just see if the next series of price action agrees with the story.
141.77 Daily support (red line) is the decision ground for bulls.

We have similar analysis on this...... Make we pick 200pips . Enjoy

AU 0.7220 target for the month is my target, I’m bullish.

June and July are EQH.😌

I don't really trade on Mondays.
Enjoying myself tomorrow
Tuesday we start the week
Not trading on Mondays psychologically prepares me for the week; it takes so much to take control of yourself and not trading on Monday reaffirms that! for me

rainlover:
we all see the charts differently.. u see bearish dxy, I see bullish dxy.. someone somewhere hasn't seen anything 😌

lol also someone somewhere is actually trading and making bands

Oil price today 82.56 on XTIUSD chart FXOpen. Small gap seen in low timeframe M5 , the price jumped 82.31 from 82.15.
There is new survey by Argus stated OPEC’s Production Drops More Than 1 Million Bpd In July.

HappyNew Week Guys ✔️

My tp is around last week low and sl is around 28000

Donsheddy:
HappyNew Week Guys ✔️

My tp is around last week low and sl is around 28000

Let me wait for pullback as today is Monday before loading shorts😅

🚀📊 GBP/USD Sentiment Update!

Last week: 16.0% 💔
This week: 30.6% 🌟

Market sentiment for GBP/USD is on the rise! 📈 I'll be on the lookout for potential buying opportunities. Stay tuned for more updates. Happy trading! 💰📉

#GBPUSD #MarketSentiment #TradingOpportunities

Good morning huz. I have two trades running in my TFT competition account euraud and gold
Then I try opening a sell on usdchf but it keeps saying position limit reach, it wasn't like this last week as I was able to open more Dan one currency pair with 5.00 lot size.
Abeg wat could be the problem

On EURSEK, here my take but very risky trade.

infofirst:


How are we fairing in the tft competition so far?
Make we dey sample small considering fxblue fall our hands.
I am still at 6% hoping my acct will not experience retracement. 14% more to go.

Still at 0%. Three trades took off without tapping me in last week, I almost chased traces, but thankfully I was able to hold back.

We go again this week. Good morning sir.

Going long on EG at CMP 0.8625
SL 0.8619
TP 0.8655

0.8700 is 2nd TP if you can hold for as long as it takes

Davigle:
EURUSD 👇
And I also similar bias on the cable and gold.
By the way I am bullish on all ***usd...

My entry area

rhynoemmie:


In the spirit of going full margin
Let me add gbpusd and eurchf
Charts are coming later

My charts as promised

The ideal move for gbpusd will be to wait for the rally up, then shorting. But if you’re not patient enough, you can just find an entry an then join the buy move. Me I sha am waiting gon. I don’t feel like dashing market money this morning.

Eurchf is more of an aggressive entry. Pair is reacting well from the fvg. The only thing keeping me from taking this trade is the pip count and my no-trade on Monday rule.

Overall bias for dxy is a bearish one till some extent and then the bullishness resumes

Can’t post pictures. Glo neva serious this week