saxy4c:
Technically I'd be selling Gold here as you're 100% correct! But this is where I'm going to apply experience and stick to the buy, I'd explain something in detail when I'm in the right frame of mind. I'm actually quite unsettled today, no vex.

i just bought gold now.
i believe usd will get weaker.

I AM RISKNG 10%

I'm closing the EURCAD AND EURUSD sell trades with 80pips each here. 160pips with 20pips risk, 5R.
Buying EURUSD now 1.1000
also buy limit @ 1.09800
SL 1.09600
TP : 1.12555
Totally not in line with the USD being strong but I'm going mad with the markets.

saxy4c:
Closing here with 80pips 2R.
Next week looks like some major moves are in play as most pairs are on major support and resistance.
My most probable trade would be to sell EURCAD with 40pips SL and looking for way down.
Then this one is a pure gamble, definitely everyone sees GBP going up on a BREXIT as that should take Pound higher.
I'm risking 10% to SELL GBPUSD at 3200 and 30pips SL , expecting a gap of at least 500pips down on market open. Hope February brings the start of high precision trades again. At least most of the BREXIT and CORONA would be over as the Chinese don find cure.
Have a great weekend guys.

You've got have 3 balls to be buying here, but I like madness so let's ride it together. I'm already quite on some multiples of my initial risk so my mind is at peace. Good luck to us, where is your stop?

wiconse:

i just bought gold now.
i believe usd will get weaker.

I AM RISKNG 10%

saxy4c:
You've got have 3 balls to be buying here, but I like madness so let's ride it together. I'm already quite on some multiples of my initial risk so my mind is at peace. Good luck to us, where is your stop?

1549.40.

The pip gods be with us. As someone mentioned we are only "the blind leading the blind"

wiconse:

1549.40.

saxy4c:
The pip gods be with us. As someone mentioned we are only "the blind leading the blind"

my reason for buying is basically the double bottom.
why are you buying?

Funnily I was just going to ask why you bought, my lines keep being rejected at the bottom, thats why I bought at 1553 after the last retest.
Price is at a stand still, that's why I haven't closed the buy. I expect a big move at 10pm today when Gold closes and when She comes back, she should break higher.
Do I make any sense? You guys have turned me to a learner here, I really thought I knew how to trade alone.
There is also a 4H divergence setup. But its fully in play only when price gets to close above 1560. You see it?

wiconse:
my reason for buying is basically the double bottom.
why are you buying?

saxy4c:
Funnily I was just going to ask why you bought, my lines keep being rejected at the bottom, thats why I bought at 1553 after the last retest.
Price is at a stand still, that's why I haven't closed the buy. I expect a big move at 10pm today when Gold closes and when She comes back, she should break higher.
Do I make any sense? You guys have turned me to a learner here, I really thought I knew how to trade alone.
There is also a 4H divergence setup. But its fully in play only when price gets to close above 1560. You see it?

@blackeuropean, give us insider info. where is gold going to?

Trade is up 15pips 1.5R 7.5%. I need to make 10% account growth on this!

saxy4c:
Market is waiting for something that even I don't know.I'm going to take a quick
BUY here at 3280 Sl 3270 Tp 3300 with a 5% risk. If I'm right on this, then I can predict where oil, gold and pounds are going next.

I kind of use my stops the other way around, you dey fear Gold?

sconp:


Didn't know this pairs require that kind of SL mostly use 20pips for currency the 40 for gold, but not tradig gold at the moment.

Na by force?

wiconse:

@blackeuropean, give us insider info. where is gold going to?

saxy4c:
Na by force?

since i missed gbp move, i cant miss this one.

come to think of it, Trump wants a weaker dollar

peteregwu:


Bros, I have blown away my account like 3 times last year.

You even tried i blew 5 account in less than 6 month i nearly cursed the person who introduced forex to me

No no no, Trump wants a bloody strong dollar. It's the Democrats opposition led by Pelosi that want a weak Dollar.
Strong Dollar means US stocks go higher, that's why thats why the Stock in US are at an all time high. The highest ever! Everyone feels he will escape the impeachment thats why the dollar is high today as I predicted yesterday.
So I'm believing the markets have already priced in his impeachment fail and bought dollars, so when its confirmed, they sell the hell out of the Dollar to make massive profits.
Forget about Gold and the Dollar, there is no correlation with them anymore. I dont know if I've made any sense but my current analysis has confused me as well.
Technically I should be selling Gold with 2000lots but I'm buying @ummuaisha, this is my reason.

wiconse:

since i missed gbp move, i cant miss this one.

come to think of it, Trump wants a weaker dollar

Ibrahim505:
Please which broker is better between forextime and hotforex?
I'm starting a live account as upgrade from demo.

They are similar,only that Hotforex better small in term of spread.

Ummuaisha:




But I think gold is going down any moment from now. Just my thought sha

I agree with you, but my clear bear position is on silver which is always in sympathy with gold

wiconse:

@blackeuropean, give us insider info. where is gold going to?

Lol no news, I'm not in office we all home, closed like 3 hours ago from office, but will use my laptop at home to check on Gold, but market is dead by now Na.

Blackeuropean:


Now listen let me Educate you on my scalping techniques that is secret, a little headsup, As my kind of scalping, if I'm to place total 1 lots which is $10 in a pair, I simply devide it to 0.1 each, and place the first 0.1 lot, then if the market price moves up again(just like what you saw on Gold 1550 to 1556) and the trend is already confirmed, you place another 0.1 and once the trend start going down, then you place the rest lots. This is what is called plan you trade and trade you plan.

But if you enter all the lot size you want to use at a go, this to me is not scalping, and not my style.

What difference does that make price can continue to dangle btw 10pips or more range b/4 going to expected destination. If each leg you take only have a different of 2-3 pips difference?

AK284:





What difference does that make price can continue to dangle btw 10pips or more range b/4 going to expected destination. If each leg you take only have a different of 2-3 pips difference?

I only place trades on confirmed trending or about to break out pairs, I don't scalp on ranging market as I'm not range scalper but trend scalper.

Market is dead because its waiting for the BIG NEWS at 10pm Nigerian time. The idiots want to kill us when market closes. The smart trades are setting up now for the big move.

Blackeuropean:
Lol no news, I'm not in office we all home, closed like 3 hours ago from office, but will use my laptop at home to check on Gold, but market is dead by now Na.

saxy4c:
Market is dead because its waiting for the BIG NEWS at 10pm Nigerian time. The idiots want to kill us when market closes. The smart trades are setting up now for the big move.

For now anything that happens in the market our hand and legs no dey, office closed and our funds secured, I will just be watching from home computer and can necer be tempt to login to funds accounts, Na look I go dey look as today was a good day for us in office.

This my explanation has just given me clarity!
You see why I love this thread and have gotten better since I joined here?
I'm closing my buy Gold in good profits and selling it here at 1557.
Currencies are going up in the next 30mins Eu, Gu etc and gold is going down. I totally forgot the China factor. Pick your trades as you see fit. If I'm wrong on all of this,
then I need to take a break. Looking at my Gold chart right now has opened my eyes. I'm going totally technical right now.

saxy4c:
No no no, Trump wants a bloody strong dollar. It's the Democrats opposition led by Pelosi that want a weak Dollar.
Strong Dollar means US stocks go higher, that's why thats why the Stock in US are at an all time high. The highest ever! Everyone feels he will escape the impeachment thats why the dollar is high today as I predicted yesterday.
So I'm believing the markets have already priced in his impeachment fail and bought dollars, so when its confirmed, they sell the hell out of the Dollar to make massive profits.
Forget about Gold and the Dollar, there is no correlation with them anymore. I dont know if I've made any sense but my current analysis has confused me as well.
Technically I should be selling Gold with 2000lots but I'm buying @ummuaisha, this is my reason.

saxy4c:
No no no, Trump wants a bloody strong dollar. It's the Democrats opposition led by Pelosi that want a weak Dollar.
Strong Dollar means US stocks go higher, that's why thats why the Stock in US are at an all time high. The highest ever! Everyone feels he will escape the impeachment thats why the dollar is high today as I predicted yesterday.
So I'm believing the markets have already proved in his impeachment fail and bought dollars, so when its confirmed, they sell the hell out of the Dollar to make massive profits.
Forget about Gold and the Dollar, there is no correlation with them anymore. I dont know if I've made any sense but my current analysis has confused me as well.
Technically I should be selling Gold with 2000lots but I'm buying @ummuaisha, this is my reason.

Trump recently posted that he prefers a weak dollar and strong dollar does not necessarily means US stocks will go higher, I believe we have higher stocks now because of quantitative easing coupled with low interest rate,the results is that corporations borrowed cheap money made available by the feds and pile heavyly in stock. Why do you think all other European companies stocks too are trading higher?
Quantitative easing was the global solution to the recent global market(2008/2009) crash but unfortunately another crash is looming fast.

Don't believe Trump, don't believe Trump if you're going to have success trading this year, DONT BELIEVE TRUMP

AK284:
Trump recently posted that he prefers a weak dollar and strong dollar does not necessarily means US stocks will go higher, I believe we have higher stocks now because of quantitative easing coupled with low interest rate,the results is that corporations borrowed cheap money made available by the feds and pile heavyly in stock. Why do you think all other European companies stocks too are trading higher?
Quantitative easing was the global solution to the recent global market(2008/2009) crash but unfortunately another crash is looming fast.

saxy4c:
My dear brother I've spent over two hours working on your template sent. I seriously doubt that thing is MTF, did your coder use MQL4 or 5 to develope it? Sorry not had access to the internet most of today, just got a bit settled.
Please no dey tempt me with oyel, them send you?
Thanks so much for the kind words amigo

na mql4 oh my bro. when you load am look oyel I sure say na you go testify

I honestly take my levels before I peak at indicators. Are you saying Oil is going up? If oil goes up with these times I'm going to start trading only oil with this system and I'd tweak it so we all hammer abeg.
I'm sorry I just saw your updated email. It's been an unsettling day. I apologise.

ediplan:

na mql4 oh my bro. when you load am look oyel I sure say na you go testify

saxy4c:
This my explanation has just given me clarity!
You see why I love this thread and have gotten better since I joined here?
I'm closing my buy Gold in good profits and selling it here at 1557.
Currencies are going up in the next 30mins Eu, Gu etc and gold is going down. I totally forgot the China factor. Pick your trades as you see fit. If I'm wrong on all of this,
then I need to take a break. Looking at my Gold chart right now has opened my eyes. I'm going totally technical right now.

i guess i am left alone in this race. God help me

saxy4c:
I honestly take my levels before I peak at indicators. Are you saying Oil is going up? If oil goes up with these times I'm going to start trading only oil with this system and I'd tweak it so we all hammer abeg.
I'm sorry I just saw your updated email. It's been an unsettling day. I apologise.

the question of oil going up is next week for me, I see it playing around 51.59 which is a weekly support level from my chart. If it does not close below this level by next week open then I see it going up to 58.77

saxy4c:
Don't believe Trump, don't believe Trump if you're going to have success trading this year, DONT BELIEVE TRUMP

Condering the history of career politicians as to deceiving the hoi poloi, I always believe Trump because he is not politician and he had a history of being very blunt about his thoughts and views.
For that alone you can always take him for his words. Some traders even take Trump to be a technical analysis on his own because of his indiscretion about everything.

I'm talking about the system. Not analysis. Just using this crossing system.

ediplan:
the question of oil going up is next week for me, I see it playing around 51.59 which is a weekly support level from my chart. If it does not close below this level by next week open then I see it going up to 58.77

saxy4c:
I'm talking about the system. Not analysis. Just using this crossing system.

yes boss it is, the push up today was from the four hours strength. I expect them to drag the daily strength along tomorrow or next.

Trump acquitted. market remains the same