UsdChf dropping like its hot.

Sell cadjpy now at current price 77.253, SL 77.840. TP open

Bitcoin, Ethereum and Litcoin

Bitcoin, Ethereum and Litcoin DOWN!!!


What a great loss for the traders in the world

fucc12:
Can someone elaborate more on this sell stop and sell limit, I’m still confused about it, is not same thing just different price directions?

Scenario 1:
Price is like at Level 60 and you wish to buy at Level 80, you use a buy stop.

Scenario 2:
Price is at Level 60 and you wish to buy at Level 40, you use a buy limit.

USDCAD

Entry to exit

Bornfool:


Have closed aam with 250 pips yesterday.

Bro if 0.1 lot size is used that means u just gain 250 dollars I don't understand

hidhrhis:

Bro if 0.1 lot size is used that means u just gain 250 dollars I don't understand

0.01*10pips= 1 dollar
0.01*100pips= 10 dollars
0.01*1000 pips=100dollars

0.01*250 pips= 25dollars
0.1*250pips=250dollars

Hope you get it, it also give me problem when I first start forextrading

Bornfool:


0.01*10pips= 1 dollar
0.01*100pips= 10 dollars
0.01*1000 pips=100dollars

0.01*250 pips= 25dollars
0.1*250pips=250dollars

Hope you get it, it also give me problem when I first start forextrading

Thanks bro have being having issues with it for some days
Thanks a lot I understand now

Brotherly, your fib is drawn extremely wrongly. Need to draw from the last swings.
See why price is stalling at this point for EURGBP?

Bornfool:


Saxy hope am correct on this am just backtesting this strategy since lastweek

Gbpcad all so rejecting that 88.6 for buy entry

USDJPY

MAY 21, 2020

SELL ENTRY

AUDUSD

Entry to exit

saxy4c:
Brotherly, your fib is drawn extremely wrongly. Need to draw from the last swings.
See why price is stalling at this point for EURGBP?

Ok thanks

Bornfool:


0.01*10pips= 1 dollar
0.01*100pips= 10 dollars
0.01*1000 pips=100dollars

0.01*250 pips= 25dollars
0.1*250pips=250dollars

Hope you get it, it also give me problem when I first start forextrading

This isn't always how it turns out.
Value per pip differs based on the pair you trade

This would hold on EURUSD, GBPUSD, USDJPY and a few others but it's:
greater on pairs like EURGBP (0.01 * 8 pips = $1) and
lesser on pairs like AUDNZD (0.01 * 14/17 pips = $1)

Sold Gold @ 1741.3
Stops at 1749
Target: 1718

Bought USDCHF @ 0.9652 yesterday
Still viable for entry till before the London Breakout (it's moved just 10 pips)
SL: 0.9632
TP: 0.9852

Buy Limits on GJ @ 131.12 & 130.71
Stops: 130.51
Target: Open

NZDCHF Selling 5908 SL 5938 looking for 5R on this.
Selling Gold 1738 SL 1745.
Selling EurJpy 118.22 Tp 116.75 Sl 118.52
Selling Cadchf 6940 Sl 6965 Tp 6840
USDCAD Buying 3935 SL 3890 TP 4100

Awesome setups man!

voraz:
Sold Gold @ 1741.3
Stops at 1749
Target: 1718

Bought USDCHF @ 0.9652 yesterday
Still viable for entry till before the London Breakout (it's moved just 10 pips)
SL: 0.9632
TP: 0.9852

Buy Limits on GJ @ 131.12 & 130.71
Stops: 130.51
Target: Open

AUDJPY at the top of an equidistant channel. It has also completed a W formation. The Aussie seems weak with all the bad news from there.
It looks like a very good sell to me.

Selling 70.80 with a 40pips SL could easily give 150 real pips

saxy4c:
AUDJPY at the top of an equidistant channel. It has also completed a W formation. The Aussie seems week with all the bad news from there.
It looks like a very good sell to me.

Selling 70.80 with a 40pips SL could easily give 150 real pips

The same bias with me it even at the weekly resistance but the thing never show me bearish momentum to go in

Selling NZDUSD you can enter with a 40pips stop loss tp open

Still holding this one till nextweek nothing go happen inshallah

saxy4c:
Bornfool, tell me you're still holding this one with me. Its 350pips up and only 50pips away from target. Now can be a sweet point to pat yourself on the back, knowing you've overcome the jaga jaga market moves and say it was a good run
On to the next one. Rinse Repeat.

What is your take on eurnzd he be like say da guy one go bearish more.

Bornfool:
Selling NZDUSD you can enter with a 40pips stop loss tp open

Buy bro, selling that pair is not too good.

All the best!

meshpips:


Buy bro, selling that pair is not too good.

All the best!

Sell is the best he should allow the mother candle to close before hitting the sell

meshpips:


Buy bro, selling that pair is not too good.

All the best!

Sir pls explain the reason why I should not sell Sir? Am still a newbie,
I will love to learn from you

What makes it look that way?

Bornfool:


What is your take on eurnzd he be like say da guy one go bearish more.

Closing Gold 1732 with 60pips.
Buying with 1726 SL and 1786 TP.

saxy4c:
NZDCHF Selling 5908 SL 5938 looking for 5R on this.
Selling Gold 1738 SL 1745.
Selling EurJpy 118.22 Tp 116.75 Sl 118.52
Selling Cadchf 6940 Sl 6965 Tp 6840

saxy4c:
What makes it look that way?

This is a daily bearish flag form in overall daily uptrend, am looking for the candle to close bearish to convince me enough to go bearish
But if it close bullish I will be going for buy

Bornfool:


Sir pls explain the reason why I should not sell Sir? Am still a newbie,
I will love to learn from you

There is an untested supply level from April 30, 2020.

Price needs to get there before a proper selloff can happen.

The play for NZDUSD is kinda similar to that of AUDUSD.

Only that I am not sure AUDUSD would make a new high compared to yesterday's high.

meshpips:


There is an untested supply level from April 30, 2020.

Price needs to get there before a proper selloff can happen.

Yeah have seen that supply but why don't u use the recent supply ?

This isn't a bearish flag.
You'd probably do yourself a lot of good if you get the proper foundation and have an adequate grasp of this trading thing my brother.

Bornfool:

This is a daily bearish flag form in overall daily uptrend, am looking for the candle to close bearish to convince me enough to go bearish
But if it close bullish I will be going for buy

saxy4c:
This isn't a bearish flag.
You'd probably do yourself a lot of good if you get the proper foundation and have an adequate grasp of this trading thing my brother.

Ok