₦airaland Forum

redsox11:
x on chart means, crapy and unreadable chart on 1hr or HTF time frame and couldn't tell the direction.
Range bound, sit on my hand, wait it out.

1hr TF... GBP pairs since last week... Ranging market. No direction.

redsox11:
x on chart means, crapy and unreadable chart on 1hr or HTF time frame and couldn't tell the direction.
Range bound, sit on my hand, wait it out.

1hr TF... GBP pairs since last week... Ranging market. No direction.

mohd001:
i want to ask you which trading platform are you using for Forex? because i have tried several platforms before, of which they all absolutely disappointed me

redsox11:
Today's set up. I especially like GA and GN, showing good down trend. So a pull back to the tma band will give me a short entry, a place to start my averaging from.

redsox11:
GbpChf is not ideal set up, but I'm going to start averaging short soon.

redsox11:
Recommendation ; ICMarket , Pepperstone , GlobalPrime and Darwinex. Do your research and pick one , all very good brokers.

redsox11:
Ps: Average in some GBP trades.

redsox11:
After seeing 3 or more consecutive bars on bigger picture ( weekly chart)… You then check your 4hours chart for possible trade entry.

I’ll show you what to look for on 4hrs chart before you enter the market.

By combining our knowledge of MARKET STRUCTURE so far with SMA Line.


FOR SELL ENTRY

1) You need to see price break deep through the MA Line.

2) As 1 occurs, see that the price also break through the last HL(higher Low)

3) Price come back up and bounce off MA Line before falling down again.

redsox11:
1hr / 5min charts.

MrUnder:
Hallo.
I have asked this before, but I didn't get the right answer.
What is the setting of your MA line? is it 30 EMA or 20 SMA?

MrUnder:
One hour bigger picture, 5 minute entry?

redsox11:
1hr / 5min charts.

redsox11:
Some good spike on GBP now , I'll start averaging short on GN and GJ

redsox11:
Some good spike on GBP now , I'll start averaging short on GN and GJ

redsox11:
Averaging started.

redsox11:
Closed GC trade for -18pips, as my bias is now long on it. GN took profit, some 200pips , I'll post chart later.

redsox11:
SMA30 1hr direction, 5mins where to average in for entry.

redsox11:
Averaging started.

redsox11:
Averaging started.

redsox11:
Added GU to the mix. I'm looking to close ( or set to BE ) my short trades today or early hours tomorrow because price is close to long bias.