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Forex Trade Alerts: Season 20 - Business (23) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Fmusty: 2:59pm On Jan 10, 2020
voraz:


Glad to see you're holding this too
It wants to give me small heartache

I open 2 positions of EURNZD sell since December 18, 2019..... I took profit of 130 pips from 1 position, this is the second position still running.

1 Like 1 Share

Re: Forex Trade Alerts: Season 20 by voraz(m): 3:44pm On Jan 10, 2020
voraz:
My game plan on Oil is to look for sells.
Even when Fundamentals are saying otherwise..... Market should pity me and drop grin lipsrsealed

This is a long-term focus and the only move I'll be looking for (for now) is the drop to 50

Just saw this post.
Market pitied me grin grin
Re: Forex Trade Alerts: Season 20 by voraz(m): 3:46pm On Jan 10, 2020
CHFJPY is still viable
Enter sells at CMP..... SL at the previous high (40 pips max)..... TP at 111 (140 pips)


Nice Risk to Reward

4 Likes

Re: Forex Trade Alerts: Season 20 by beejaay: 4:44pm On Jan 10, 2020
saxy4c:
I've just bought OIL 59.40 SL 58.40 would update TP later.


just seeing this... market dynamics has changed and look like market is about to have its trend extended..i have exited one half the trade with a loss of -10Pips and will exit the other at BE if it eventually get there...it can still buy but i cant see it again especially for my kind of target view.....i hope it works out for those still in it....
Re: Forex Trade Alerts: Season 20 by Fmusty: 4:55pm On Jan 10, 2020
Fmusty:
Selling GOLD, will move out when i see reason to. Good Risk/Reward ratio

Closed in loss.
Re: Forex Trade Alerts: Season 20 by voraz(m): 5:06pm On Jan 10, 2020
saxy4c:
Going to take a bit more risk and move sl 40pips below for news spikes. This better make my weekend.


weekend made!
Will you be taking boys out? grin
Re: Forex Trade Alerts: Season 20 by voraz(m): 5:08pm On Jan 10, 2020
voraz:
CHFJPY is still viable
Enter sells at CMP..... SL at the previous high (40 pips max)..... TP at 111 (140 pips)


Nice Risk to Reward

GJ going better now..... Phew
Re: Forex Trade Alerts: Season 20 by voraz(m): 5:12pm On Jan 10, 2020
GU is looking suspicious now.

EU, NU and Gold have pushed up but it hasn't.
It could do its own this way.

Let's see next week.

Re: Forex Trade Alerts: Season 20 by beejaay: 5:30pm On Jan 10, 2020
beejaay:


just seeing this... market dynamics has changed and look like market is about to have its trend extended..i have exited one half the trade with a loss of -10Pips and will exit the other at BE if it eventually get there...it can still buy but i cant see it again especially for my kind of target view.....i hope it works out for those still in it....

Out... Happy wkend
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 6:07pm On Jan 10, 2020
Weldone guys, i can see you guys are really killing it wink
Re: Forex Trade Alerts: Season 20 by teemy(m): 8:58pm On Jan 10, 2020
Fmusty:


Yep, they have low spread.. I use them.

https://www.icmcapital.co.uk/

or

https://www.icmcapital.com
Re: Forex Trade Alerts: Season 20 by TheYoda: 12:01am On Jan 11, 2020
TheYoda:
Hitting the high and low.
Breakout but no retest for entry.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:03am On Jan 11, 2020
Still holding this oil in a bit of negative. Let's see what will move it this weekend. A small loss or heavy wins, worth the hold.

infofirst:

My oil out at BE.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:05am On Jan 11, 2020
SL saved by 2pips on GJ, like you said the turn of GU would be a banger!
infofirst:
Yeah. Sold uj too.
Gj... Have a sell too but gu might take it higher before drop again. Low risk. So am safe whichever it decides to do.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:09am On Jan 11, 2020
My dear sir, I know you with the eyes you've got you'd make Gold your slave cheesy, I still honestly never saw anything at that 1472 inflection point that frustrated a couple of my trades down there. No run Boss!
infofirst:

I dey rest my case with gold for now.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:13am On Jan 11, 2020
Beautiful setup! Would have jumped in if I saw this, you know like a few here say, I have no game plan and no risk management but somehow I keep getting lucky, RRR is my kind of party O! cheesy
voraz:
CHFJPY is still viable. Enter sells at CMP..... SL at the previous high (40 pips max)..... TP at 111 (140 pips).Nice Risk to Reward
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:16am On Jan 11, 2020
You have taken me to be bus station and thrown me under the bus abi? Na here I go remain,USDCAD now looks down to me and oil has to go up [even though I should be looking at it the other way around]

beejaay:
market dynamics has changed
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:19am On Jan 11, 2020
Haba? How demo pips wan do that one? hit me up on my DM sir grin
voraz:
weekend made!
Will you be taking boys out? grin
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:47am On Jan 11, 2020
longlife20:
Gold move with tension, right now the tension btw US and IRAN has died down, gold is likely to test 1520 before reversal.
My dear brother, I'm not doing your fundamentals again, if they want, Trump should propose to President Rouhani, I'd stick to the levels I've always traded successfully till now, I leave fundamentals to the gurus abeg cheesy.
I still feel if GOLD didn't break 1540 the first time the fall from up was just profit taking by big investors from all the way down around 1420 buy. Read these two previous posts and the corresponding charts.
I'd explain this when my eyes are clearer and keep your eyes on this page I'd be giving you a trade where we'd risk between 4 to 7usd for a 2000pip gold move In Sha Allah.
saxy4c:
GOLD is back at 1548, if your bias favours buying I think this is another great opportunity for you to catch it.

saxy4c:
You're right about being a sentimental commodity with gold, but if market is really down till 1520 or 1500 why did 1540 hold for the frist attempt? I think market may take her down more later...maybe say around 1400-1450. Because for me once market turned back down to 1540, it didn't just go direct to 1500/20 to try to form a year low? For now, I'm with the bulls as regards her. But again I may just be wrong! cheesy
This chart is ne being purely technical with Gold.

1 Like

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 3:27am On Jan 11, 2020
saxy4c:
Adding another sell here at 9030 sl for both 9050.

So both trades are cumulatively up 110pips [on standard lot,as that's the minimum lot to trade indices]. What better day to expect a sell off when:

*Price was around an all time high and psychological figure of 9000
*A wicked divergence [@PipMarshall this is my major use for RSI] had appeared since around 8700. I trade divergence more aggressively. There are more conservative methods.
*Gold kept hovering around a critical level of 1540 [she is inversely correlated to US stocks as explained before]
*Coincidental that NFP [a very important news that can move gold over 1000pips in a few seconds] was coming out just around indices at 9000?

If only we could read then practice, rinse repeat, rinse repeat, there is a whole lot to be learnt on here in practicals for free!!! For those that condemn the valuable lessons from the kind gentlemen on here, you are the problems of the black race!

1 Like

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 3:42am On Jan 11, 2020
Gold behaved golden on NFP again, just like the start of the week. Went only 12pips against our re-entry before giving us a cumulative 250pips after NFP. The coming weeks would bring us more beautiful trades by God's grace. Amen!
saxy4c:
Gold behave like this for nfp.
Re: Forex Trade Alerts: Season 20 by docus: 8:08am On Jan 11, 2020
eyeing UJ long with tp1=114.130 tp2=123.940

Re: Forex Trade Alerts: Season 20 by docus: 8:42am On Jan 11, 2020
For those that love crypto, now is the time to buy BTC, Long all the way. I see it hitting 20000

Re: Forex Trade Alerts: Season 20 by docus: 4:36pm On Jan 11, 2020
docus:
eyeing UJ long with tp1=114.130 tp2=123.940

Both charts above will weeks or months to manifest
Re: Forex Trade Alerts: Season 20 by AK284(m): 9:56pm On Jan 11, 2020
docus:
For those that love crypto, now is the time to buy BTC, Long all the way. I see it hitting 20000




Be wary with crypto, I think there is high probability it's coming down deeper despite the break out
Re: Forex Trade Alerts: Season 20 by docus: 11:11pm On Jan 11, 2020
AK284:





Be wary with crypto, I think there is high probability it's coming down deeper despite the break out

More Price Action will tell
Re: Forex Trade Alerts: Season 20 by voraz(m): 11:18pm On Jan 11, 2020
saxy4c:
Beautiful setup! Would have jumped in if I saw this, you know like a few here say, I have no game plan and no risk management but somehow I keep getting lucky, RRR is my kind of party O! cheesy

Holding drawdown grin
Re: Forex Trade Alerts: Season 20 by voraz(m): 11:22pm On Jan 11, 2020
saxy4c:
SL saved by 2pips on GJ, like you said the turn of GU would be a banger!

GJ nearly gave me heartache, going fine now tongue
Re: Forex Trade Alerts: Season 20 by AK284(m): 11:50pm On Jan 11, 2020
docus:


More Price Action will tell


Sure, it will be will soon be clear as the day
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:22am On Jan 12, 2020
Ok look at why I'm sort of confident on this one, USDCHF is going down which is in normal response to USD weakness. I've looked at USDCAD to corroborate the movement of USDCHF as they are most times now back in correlation these days.
If USDCHF and USDJPY continue down [which I bet on because they clearly responded to USD weakness], then CHFJPY should anytime from now follow its constituent pairs [USDCHF ÷ USDJPY i.e 109.48 ÷ 0.9727 = 112.55, like @infofirst pointed out earlier], as the pair hasn't moved it's own move down yet.

P.S Don't ever follow my mumbo jumbo!
Cheers bro!

voraz:

Holding drawdown grin
Re: Forex Trade Alerts: Season 20 by voraz(m): 4:54am On Jan 12, 2020
saxy4c:
Ok look at why I'm sort of confident on this one, USDCHF is going down which is in normal response to USD weakness. I've looked at USDCAD to corroborate the movement of USDCHF as they are most times now back in correlation these days.
If USDCHF and USDJPY continue down [which I bet on because they clearly responded to USD weakness], then CHFJPY should anytime from now follow its constituent pairs [USDCHF ÷ USDJPY i.e 109.48 ÷ 0.9727 = 112.55, like @infofirst pointed out earlier], as the pair hasn't moved it's own move down yet.

P.S Don't ever follow my mumbo jumbo!
Cheers bro!


I didn't think of it this way..... I only kept the USD - JPY inverse relationship in mind.
A weak Dollar would equal a strong Yen, thus catapulting it to the downside.
But weak USD also equals strong CHF, this is probably why it's not going down as quickly as expected

Good morning and thanks for the insight
Re: Forex Trade Alerts: Season 20 by voraz(m): 7:30am On Jan 12, 2020
docus:
For those that love crypto, now is the time to buy BTC, Long all the way. I see it hitting 20000

I expect it to reject off your black moving average.
It doesn't look like the right time to hop in yet.

Attached is my expectation.....

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