DXYY:


Boss i think a buy on the GPBCHF IS A SUICIDE mission as the overall trend is pointing downwards , I m currently on a sell, but let's wait and see.

DXYY:


Boss i think a buy on the GPBCHF IS A SUICIDE mission as the overall trend is pointing downwards , I m currently on a sell, but let's wait and see.

Fxwarrior:


Experience has taught me not to ignore price rejection, be it on weekly or daily.

wuyexzy01:

Oga look at the weekly chart... BUY on every retracement.. apply proper risk management.

If i may ask,what do you mean by "Buy on every retracement"am still pondering

Bimmarlykay:
If i may ask,what do you mean by "Buy on every retracement"am still pondering

wuyexzy01:

Oga look at the weekly chart... BUY on every retracement.. apply proper risk management.

AK284:



Both buying and selling can actually be correct depending on where you enter and get out.
The truth is that Gbpchf can range very well.
It's also not very volatile
For me still on sell, planning to add another sell position.

Bimmarlykay:
If i may ask,what do you mean by "Buy on every retracement"am still pondering

OneMillionBTC:


Ohhhhhhh, good one.

wuyexzy01:

yes you are right. i quoted you cos you said the trend is pointing downwards. where as it has actually turn bullish teh teh. thats why i said you should look at the weekly.
and also yes one can even actually make money both ways. infact some times i make more money when a trade goes against me cos ill tripple down to where its going before actually resuming the trend...
In order news a daily close below 1.0999 negates the bullishness.

DXYY:


Nice analysis but i don't think it has turned bullish I believe that bullish candles on the weekly are meere retracement, anyways like you said we can both profit from it and aside that if it turns to loss we both learn so it's a win win.

Davigle:


Yes I did do EU and GU for study purpose but since you asked I'll post it below 👇👇👇
Cc: rhynoemmie

wuyexzy01:

yes you are right. i quoted that guy cos he said the trend is pointing downwards. where as it has actually turn bullish teh teh. thats why i said you should look at the weekly.
and also yes one can even actually make money both ways. infact some times i make more money when a trade goes against me cos ill tripple down to where its going before actually resuming the trend...
In order news a daily close below 1.0999 negates the bullishness.

Geovanni412:


The weekly low has not been taken out

There is no guarantee the market will break lower so seeing every drop as an opportunity to retest the weekly high is what he means by that

Same reason why I think eurusd might retest weekly high or somewhere close to that

But of course, there is always the chance that the analysis is proven incorrect by Mr Market

wuyexzy01:

brother na where ur own ponder begin my own start so. awa ponderer.

AK284:



From the chart you posted.
It's selling for me,and have being on the position since last week,just added another position.
If you are using a strategy of moving averages maybe buying but price action,trend line, Elliot wave strategies will be selling right now.
I saw the bullish candle on weekly chart truly but as we speak selling.
Don't forget even inside bullish weekly candle you may have like 50/50 bullish and bearish candle at the end of the week so paying attention to price at any point in time matters.

Geovanni412:


The weekly low has not been taken out

There is no guarantee the market will break lower so seeing every drop as an opportunity to retest the weekly high is what he means by that

Same reason why I think eurusd might retest weekly high or somewhere close to that

But of course, there is always the chance that the analysis is proven incorrect by Mr Market

DXYY:


I was actually expecting you to share your insights as to why you feel it is a buy but since you feel disturbed by my input I wish you green pips bro.

OneMillionBTC:


I don't feel disturbed by your input in anyway. I don't even know what analysis you are using or what you are seeing. If you had asked why I took the buy, I would have shared more light though. Like someone sighted already..... I trade with Elliott wave principle . It wants to continue the buy trend on 30mins/1hr chart. Same thing for EURGBP

Elliotwaveforec:
Gbpchf, buy! End of 4th wave on 1 hour TF, hence the start of the 5th wave (Impulse).

GabsonFX2:
Fundednext Interview

Eventually, after I refused to yield to their first interview request email, these guys are now tipping me with $15,000 honorarium account for time and expertise. Atleast, they beat FTMO who could not do same after I rejected their request.

It could be that they access this forum to have seen that I would be rejecting , all be it, if they make it $50K account - I will yield to their request. They laid down their rules and I yielded, it's now my turn to lay down my very own rules so they must yield too.

GabsonFX2:
Fundednext Interview

Eventually, after I refused to yield to their first interview request email, these guys are now tipping me with $15,000 honorarium account for time and expertise. Atleast, they beat FTMO who could not do same after I rejected their request.

It could be that they access this forum to have seen that I would be rejecting , all be it, if they make it $50K account - I will yield to their request. They laid down their rules and I yielded, it's now my turn to lay down my very own rules so they must yield too.

efe21:

Because I am seeing this trend for the first time.... It's remind me of all those Forex forums that year when men were still coming up as traders. LoLzzzzz 😁😁😁.... Someone above was even explaining the chart with DXY nonsense forgetting that price action backed with the market structure per time is the Koko..... Trading is too simple without much over analysis.

Common change in character followed through with break of market structure and a retest with the formation of the candlestick pattern to cement the confluences will give you a good entry that will cummulate in a profitable trade per time.

Then rinse and repeat over and over again with good money management in place (stop loss and take profit level established), then you are good to go..... LoLzzzzz .

GabsonFX2:
Fundednext Interview

Eventually, after I refused to yield to their first interview request email, these guys are now tipping me with $15,000 honorarium account for time and expertise. Atleast, they beat FTMO who could not do same after I rejected their request.

It could be that they access this forum to have seen that I would be rejecting , all be it, if they make it $50K account - I will yield to their request. They laid down their rules and I yielded, it's now my turn to lay down my very own rules so they must yield too.

Another Idan among others IDANs. Respect, chief, you deserve am.

Abeg, tell them you dey train boiz for one forum (FTA) like that. And make them come support your goals with giveaway accounts

GabsonFX2:
Fundednext Interview

Eventually, after I refused to yield to their first interview request email, these guys are now tipping me with $15,000 honorarium account for time and expertise. Atleast, they beat FTMO who could not do same after I rejected their request.

It could be that they access this forum to have seen that I would be rejecting , all be it, if they make it $50K account - I will yield to their request. They laid down their rules and I yielded, it's now my turn to lay down my very own rules so they must yield too.