Redsox11's Posts

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Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 1:44am On Sep 28, 2019

bot 1.2280 x 1
after pinbar was formed

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 1:42am On Sep 28, 2019

From Eddy.

daily : seems like it'll bounce ( minor or major - i don't know)
hourly: no lower low, retest at nearly 50% fib level (just estimate)
15 min: no lower low, retest at nearly 50% fib level
5 min: no lower low, and possible long entry... still waiting for confirmation.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 6:25pm On Sep 21, 2019

BullBearMkt:
GBPJPY Set for a Short Trade on H4
With GBPJPY pair now making a lower-low, that causes the market sentiment to shift to bear. Expecting bullish candle(s) towards the previous swing low in order to create a good entry to short the pair...

Risk: Long term trend is still bullish.

full chart: https://uk.tradingview.com/chart/GBPJPY/ri4mX9YU-GBPJPY-Set-for-a-Short-Trade-on-H4/

I think Yen pairs might start turning short. I especially like where USDJPY(daily) is right now.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 6:21pm On Sep 21, 2019

Ooba
voraz

Some constructive criticism here. Yes live is way different from demo account. BUT I could almost tell, you guys was not profitable on demo account "I could be wrong" , so why do you guys think you can cut it with live account?

Before going live, you guys should turn your demo account from x to 4x (400%) with small lot size. Then you should consider going live.
Forex is not going anywhere, take all the time that you need.

2 Likes

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 4:19pm On Sep 20, 2019

Checkmate

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 4:05pm On Sep 20, 2019

currentprice
priceaction
meshpips

You guys are here even before I got on Nairaland. Nothing to gain about in-fighting here.
You need to afford each other respect. You men are definitely seniors here.

Ps: About TP line, you can get that small dash line when you adjust your SL to cover some profit.
Pps: My thought here is that, we should assist each other to get better. Drop tips and bit for others to improve on. We should be our brother's keeper

3 Likes

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 6:28pm On Sep 18, 2019

No party today. Got stopped out for breakeven after some +30pips.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:57am On Sep 13, 2019

Waiting for LOW and LOWER HIGH formation to add on my GN and GC short.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:43am On Sep 13, 2019

Good time to counter-short GN and Gcad... GU and GA not ready but close.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 4:30pm On Sep 12, 2019

Teaser !!!

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 4:27pm On Sep 12, 2019

GChf

1 Like

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 4:15pm On Sep 12, 2019

Bigger Targets

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 4:14pm On Sep 12, 2019

We humans, are way too complicated for our own good. Simple does work.

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 4:11pm On Sep 12, 2019

What I call lazy way to trade, simply using risk reward to your advantage. Static SL and making sure you ride your TP for more.
Entering in direction of daily TF on 5mins chart, with the help of TMA bands.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 7:47pm On Sep 07, 2019

redsox11:
Possibility but nothing set in stone.
AN looking to break those significant highs before dropping could happen.

Before and After .

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 7:19am On Sep 05, 2019

And the correction came in fast and furious.
That's market structure for you...

Indicators will never give you that, BUT experience.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 7:06am On Sep 05, 2019

As GJ moved 270 pips yesterday, we should expect some correction to down side this morning.
GJ, GU and possibly EJ.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 7:16am On Sep 02, 2019

Intra-day ; Are we going to see some retracement on EUR pairs? before any short continuation ?
I'm banking on retracement.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:00pm On Sep 01, 2019

meshpips:
Now the day is over.

God has been good to me.

Hi Meshpips, wonderful result, more than fantastic. Thumbs up.

If I may, take what you can from this particular post.

I have in the past traded close to this way but very less aggressive now, adding more trades for recovery or entering more when it's going my way. It's fantastic way to trade. It does maximize your profit to the fullest.

My mentor and one other guy trade exact same way, the other guy is trading for a very big firm managing millions of $$ right now. My mentor is a retail trader, he likes to be his own boss.

I want to point out what he does. Every month, he start out with 6000 AU dollars in his account, he trades less aggressive first week to build FOREIGN CAP (this help to protect starting balance and get some initial profit). After getting some foreign cap, then he hit the market hard and aggressive with the initial profit until end of the month, then he withdraw everything and start over with 6k AU dollars.

The highest I've seen from him is 6k-45k in a month. He's got a lot of bad days too, a lot of times that he had to cut all trade for -5k , -7k AU dollars BUT he always protect starting balance. If he goes aggressive after getting some FOREIGN cap and get hit by the market, he goes back to protecting his starting balance and try to build FOREIGN cap.

Problem most ppl have when trying to trade this way is NOT KNOWING when to throw in the towel and accept loss, to then start to build again.

Good luck and enjoy your success.

4 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 12:17pm On Sep 01, 2019

Possibility but nothing set in stone.
AN looking to break those significant highs before dropping could happen.

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 12:03am On Aug 29, 2019

Structure.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 12:00am On Aug 29, 2019

Structure

2 Likes

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 8:20pm On Aug 27, 2019

RX300:
@Redox11, thanks for the good work. I am so happy to have come across this topic on NL. please could you point me in the right direction on how to get the TMA band. I have been checking but could not find it. Thanks a lot.

There’s a lot of TMA indicators out there but search for the non-repainting TMA.
I can’t upload the indicator here, as you can’t upload indicators on Nairaland.

So look it up online. You’ll get it.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:34am On Aug 27, 2019

Pins ... Cont.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:33am On Aug 27, 2019

Pins

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 11:56am On Aug 26, 2019

SL too big, not good for the RR I’m aiming for.

Don’t beat yourself up if you don’t see anything or can’t have a good read on the chart. I’m not showing everything on purpose, leaving some other things out.

Just a little to trigger something.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 11:38am On Aug 26, 2019

pinbar:
sell GA

Nice trade , you should post more of your entry like this if you can.

All Green = showing strength
All Red = showing weakness

I got this on the heat map when you entered that trade. All green and all red, showing good trade but personally I won't enter that trade as intra-day trader because price move around 160 pips already.

Ps: To others. This is just a tool, nothing else. I find a trade and perfect set up (TO ME), I look at the heat map to determine if I'll have a smooth ride or not.

E.g - If I enter sell on that GA and i see that both GBP and AUD is showing all red / or all green on the heat map, then I can tell, that GA is going no where but RANGE.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 11:17am On Aug 26, 2019

Something for advance people to look into. It's on 4hours chart, Daily chart , Weekly chart.
Watching and waiting for bounce on the pin bar in real time.

Ignore trade if the bounce didn't occur. If you see the bounce,
Enter with tight SL, great for good RR grin

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:19am On Aug 26, 2019

For the week.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:13pm On Aug 25, 2019

kimozaman1010:
Technical analysis is the best gee

kkins25:
im a beginner forex trader, i have only began the trade for about 4 months now.

What system/ method are you guys using? breakout, enter on a retrace, support and resistance or ??

sircrabo:
Sorry to disturb you again. If i go through a forex calendar, and i get a buy order for say "USD", do i place a buy order on currencies that have usd on the left (usd/chf) or on the right (eur/usd) i made that mistake severally in the past and it affected me. Pls explain the position of the currencies to me when placing orders. Thanks.

You are my new FX mentor now o. Get ready for my questions

You can't trade this way, forget it already.
What other method are you using? do you know what LONG and SHORT is? I mean basics.

sircrabo:
I get a buy order for say "USD", do i place a buy order on currencies that have usd on the left (usd/chf) or on the right (eur/usd) i made that mistake severally in the past and it affected me.

Buy USDCHF ...... SELL EURUSD.

Kene1245:
Greetings all, please who knows about I-Market live and their training is it legit.

You can get all that training online for free if you are ready to put in the work.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:57pm On Aug 25, 2019*

redsox11:
Started averaging on GJ, to show averaging, pending at the high with same SL.
I've got a short right on now @ 130.33 , my SL is 30pips above today's high.

redsox11:

Closed out trades now. not good example, was hoping to get 3-4 trades in. Got only 2 trades.

The chart.
Since it's averaging the total pips is 79+54 / 2 (two trades) =
+66 pips total.

1 Like

Music/Radio › Re: Orlando Owoh Detention: On Drugs Or His Music by redsox11: 9:43am On Aug 25, 2019

Bump bump!!

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