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Forex Trade Alerts: Season 23 - Business (523) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trade Alerts: Season 23 (792712 Views)

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Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 2:05pm On Aug 07, 2023
zonall:
...do you see anything special at the level of 1938 on XAUUSD on the lower TFs? @Bimmarlykay

...M5 is saying something like a swap zone or is it a fakeout swap zone?...only time will tell.

Good day traders.
Nothing special boss...just that it's being acting as a new strong resistance level
Re: Forex Trade Alerts: Season 23 by zonall(m):
Bimmarlykay:
Nothing special boss...just that it's being acting as a new strong resistance level
...it was a fakeout zone, nice level for re-entry when the dips start. 🥂
Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 3:07pm On Aug 07, 2023
Buy Gold again Tp1938 & 1940
Re: Forex Trade Alerts: Season 23 by Davigle(m):
EU buy @ 1.0989
Stop @ 1.0975

Fingers crossed. Let's see how it goes....
Re: Forex Trade Alerts: Season 23 by RKTexpert: 3:08pm On Aug 07, 2023
GbpNzd don dey approach all time high...I don place sell in wait for am shaa...lets see how the NY session goes.
Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 3:09pm On Aug 07, 2023
zonall:
...it was a fakeout zone, nice level for re-entry when the dips start. 🥂
That was my fear.At this point, i know it wants to consolidate between 1932-1940 so am just scalping till it decides it destination.
Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 3:11pm On Aug 07, 2023
Bimmarlykay:
Buy Gold again Tp1938 & 1940
1936.50 is safer TP
Re: Forex Trade Alerts: Season 23 by zedegit: 3:13pm On Aug 07, 2023
Is anybody trading Gold today?

Awilo logomba. grin
Re: Forex Trade Alerts: Season 23 by karkinase(m): 3:35pm On Aug 07, 2023
Seems bear 🐻 party all the way for ***/USD pairs
Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 4:10pm On Aug 07, 2023
EmmanuelVi:
If I was to be a trader employing sentimental analysis; whenever I see the crowd going longs, that's when I would be seeking an opportunity to go short...against the crowd.
That's just my approach to the markets though.
Thanks for sharing your perspective! I agree that going against the crowd can be a viable strategy in trading. However, my trading approach involves a combination of factors, including sentiment, key levels, and areas of interest. While this week's bullish sentiment might suggest a long opportunity to some, I focus on my daily marked-up levels that guide my trades.

Connecting this to the weekly sentiment, I seek trades that align with both my daily setups and the overarching weekly sentiment on an asset. Last week's sentiment for GBP/USD was bearish, and trading in line with that sentiment would have led to favorable gains. Here's a screenshot attached, showing last week's sentiment for reference.

It is however worthy of a note that my sentimental strength meter on GBPUSD has a win rate of 65% so far this year. This further underscores the value of combining sentiment with other factors in my trading decisions.

May the pips be with us all.

Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 4:59pm On Aug 07, 2023
saintfaculty:
Thanks for sharing your perspective! I agree that going against the crowd can be a viable strategy in trading. However, my trading approach involves a combination of factors, including sentiment, key levels, and areas of interest. While this week's bullish sentiment might suggest a long opportunity to some, I focus on my daily marked-up levels that guide my trades.

Connecting this to the weekly sentiment, I seek trades that align with both my daily setups and the overarching weekly sentiment on an asset. Last week's sentiment for GBP/USD was bearish, and trading in line with that sentiment would have led to favorable gains. Here's a screenshot attached, showing last week's sentiment for reference.

It is however worthy of a note that my sentimental strength meter on GBPUSD has a win rate of 65% so far this year. This further underscores the value of combining sentiment with other factors in my trading decisions.

May the pips be with us all.
I think that's wonderful, your approach is definitely one to reckon and that's just the way I approach the markets too, except for the sentimental analytic aspect of course.
Welldone!
Re: Forex Trade Alerts: Season 23 by richgen(m): 5:44pm On Aug 07, 2023
This week from today to Wednesday there may not be much
movement aka volatility until the CPI on Thursday.

Watch it as not to be trap in a consolidation.

I refer to USD based pairs.
Re: Forex Trade Alerts: Season 23 by charly20(op): 5:58pm On Aug 07, 2023
richgen:
This week from today to Wednesday there may not be much
movement aka volatility until the CPI on Thursday.

Watch it as not to be trap in a consolidation.

I refer to USD based pairs.
I'm expecting midweek or Thursday reversal template.

I'm keeping a close eye on 1.10700 on Eurusd

👁️
Re: Forex Trade Alerts: Season 23 by samfelly:
haryodehjia:
Who has heard about ryze funding??
friendbee:
grin grin grin grin grin grin @infofirst please laugh with me. oh boy runnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
samfelly:
I like the $1,000 3 phase account
VeeVeeMyLuv:
It is a very terrible prop firm

Check out the reviews
samfelly:
Okay, I've read funny and sweet reviews about them. I'll test them to see, as well. Na that $1,000 with 3 phase account I go use. When I climb on board, I go let FTA know. Let me judge them, also cheesy
Let me be the judge of them, also, with this 😃😀😁. $500 account instead of the $1,000 I tot I would test run. Trustpilot go full with my negative reviews of them, if them do me dirty 😁

Re: Forex Trade Alerts: Season 23 by rhynoemmie(m): 6:00pm On Aug 07, 2023
pristinee:
USDCHF
Same outlook

You're seeing trendline, I'm seeing fvg
Last last we go dy alright fo this forex

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 6:02pm On Aug 07, 2023
rhynoemmie:
Same outlook

You're seeing trendline, I'm seeing fvg
Last last we go dy alright fo this forex
Na bearish outlook you get abi na bullish outlook?

Or you are waiting for some signals to print on the market before taking a stance.
Re: Forex Trade Alerts: Season 23 by EASYLIFE4US: 6:05pm On Aug 07, 2023
richgen:
This week from today to Wednesday there may not be much
movement aka volatility until the CPI on Thursday.

Watch it as not to be trap in a consolidation.

I refer to USD based pairs.
This simply means that the Forex market is controlled by the big banks,they move the market when it suits them, look at gbpusd and usdjpy, uj moved in intended direction but gu stalled in the new York kill zone
Re: Forex Trade Alerts: Season 23 by rhynoemmie(m): 6:10pm On Aug 07, 2023
Geovanni412:
Na bearish outlook you get abi na bullish outlook?

Or you are waiting for some signals to print on the market before taking a stance.
I'm bearish on the pair.
Waiting for the fvg/ black zone to be filled.

Will be selling from there
Re: Forex Trade Alerts: Season 23 by iichidodo: 6:15pm On Aug 07, 2023
[color=#1986BC] Day 3, Started from 6.5% but brought it down to 6%. Got very annoyed and left my weed to unleash my cheat on forex. Cheat took me from 6% to 10.9% but decided to pick my village people's call when I decided to leave cheat and use my coconut head..... Coconut head crashed from 10.9% to 4.1%...Now Coconut head is -2K on DD. Pls pray for Coconut head.[/color]
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 6:16pm On Aug 07, 2023
Elliotwaveforec:
100 pips in red before recovering.

From scalping to Swinging.
Still holding after 160 pips in red! Experiencing swing-trading on a live account for the first time.

I wanted to scalp a, na so UJ change am for me. Thank God I no use big lot size.
Re: Forex Trade Alerts: Season 23 by peteregwu(m): 6:29pm On Aug 07, 2023
On SILVER, lookin for move towards the upside. Risky though.

Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 6:30pm On Aug 07, 2023
iichidodo:
[color=#1986BC] Day 3, Started from 6.5% but brought it down to 6%. Got very annoyed and left my weed to unleash my cheat on forex. Cheat took me from 6% to 10.9% but decided to pick my village people's call when I decided to leave cheat and use my coconut head..... Coconut head crashed from 10.9% to 4.1%...Now Coconut head is -2K on DD. Pls pray for Coconut head.[/color]
Most times it's the strategy we do not follow properly.
Mee sef chop wotowoto today. Frm tomorrow, na my x nd O cheat i go use with lotsize rule. E suppose work

Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 6:36pm On Aug 07, 2023
Today's market momentum is slow as a snail.
Re: Forex Trade Alerts: Season 23 by GabsonFX2:
Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 6:40pm On Aug 07, 2023
peteregwu:
On SILVER, lookin for move towards the upside. Risky though.
As am seeing this my mind dun rest for XagUSD wey i buy. cool
Re: Forex Trade Alerts: Season 23 by Thespacechamp: 6:52pm On Aug 07, 2023
GabsonFX2:
Follow-up Gold analysis.

Gold remains in its ranging zone, I will never advise my enemy to have been trading her for the past week, today and tmao inclusive. To avoid spikes and low volume, better to stay aside.......The good days are coming, for sure.

Outlook: No trade on Tuesday as well, staying aside....Will check again for a trade on Wednesday.

kiss
psychology!
Re: Forex Trade Alerts: Season 23 by Proudpolygamist: 6:54pm On Aug 07, 2023
Bimmarlykay:
As am seeing this my mind dun rest for XagUSD wey i buy. cool
grin Silver wey dey behave like who dem swear for.
Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 6:55pm On Aug 07, 2023
EASYLIFE4US:
This simply means that the Forex market is controlled by the big banks,they move the market when it suits them, look at gbpusd and usdjpy, uj moved in intended direction but gu stalled in the new York kill zone
They don't control it, atleast not anymore (most of 'em); they only have a bigger impact.
Re: Forex Trade Alerts: Season 23 by iichidodo: 6:56pm On Aug 07, 2023
PIPSMARSHALL:
Most times it's the strategy we do not follow properly.
Mee sef chop wotowoto today. Frm tomorrow, na my x nd O cheat i go use with lotsize rule. E suppose work
[color=#1986BC] The essence of a good trader is to build the house back after burning it down... Coconut head was way out of his depth out there without trusted backup. Any ways, we live to learn...I'm sure, you will be able build your house back up.[/color]
Re: Forex Trade Alerts: Season 23 by Proudpolygamist: 7:03pm On Aug 07, 2023
samfelly:
As suggested by boss Proudpolygamist, here is the link to keep our challenge account winners' accountable.

Remember, you are not trading to please the gallery (FTA). We know it's a Private Account, but Public Acountability is a fine thing. IT WILL KEEP YOU IN CHECK. Accountability is a good sportsmanship.

https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1969&rx=1690896156046

@Everyone, to prevent 'restless finger syndrome' 😃 from happening, I made it strictly by invitation. Will be sending link to join to challenge account holders, only.
ava boss, e be like some pipo collect money instead of prop account this time around o🤔
Sapa yapa for area no be small😁
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 7:12pm On Aug 07, 2023
peteregwu:
On SILVER, lookin for move towards the upside. Risky though.
I concur 100%

Wave analysis on daily TF.
The fourth wave just bottomed at 22.07; fifth wave has started, to swing past 26.13 significantly.

For swingers only!

Long with SL at 22.00 TP 26.50
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 7:22pm On Aug 07, 2023
GabsonFX2:
Follow-up Gold analysis.

Gold remains in its ranging zone, I will never advise my enemy to have been trading her for the past week, today and tmao inclusive. To avoid spikes and low volume, better to stay aside.......The good days are coming, for sure.

Outlook: No trade on Tuesday as well, staying aside....Will check again for a trade on Wednesday.

kiss
Similar thing for eurusd as well

But I disagree a lil' bit on timing

I think Tuesday could provide an opportunity to trade on eurusd and even on xauusd

Rationale is that market ranges for 2-5 days before a significant move on the daily worth taking.

But to be safe with xau, it could be better to wait for market to get to 1958 or 1919 before picking a trade.

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