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Redsox11's Posts

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BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 4:07pm On Aug 23, 2019
redsox11:
I'll start averaging in on GJ if price re-test today's high, around 130.69. SL 30pips.
I'll short it around there.

Trade averaging, say I'm prepare to risk 3%($100) on a trade, instead of entering one big lot size, I won't, I'll spread it out. That's the basic idea.

You can act on it by using attacking sequence or recovery. Entering more trades when price is going in your favor (attack sequence) or against you.

BUT FIRST, know what you're prepare to risk before averaging.
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.

Closed out trades now. not good example, was hoping to get 3-4 trades in. Got only 2 trades.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 4:41pm On Aug 22, 2019
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.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11:
From Pepperstone.
holding weekend

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 2:58pm On Aug 22, 2019
A good read over the weekend. 8 pages.

https://www.forexfactory.com/showthread.php?t=638231
BusinessRe: Forex Trade Alerts: Season 19 by redsox11:
I'll start averaging in on GJ if price re-test today's high, around 130.69. SL 30pips.
I'll short it around there.

Trade averaging, say I'm prepare to risk 3%($100) on a trade, instead of entering one big lot size, I won't, I'll spread it out. That's the basic idea.

You can act on it by using attacking sequence or recovery. Entering more trades when price is going in your favor (attack sequence) or against you.

BUT FIRST, know what you're prepare to risk before averaging.



currentprice:
bro is it when the 150 - 200 pips in positive or negative
huh
i don't think you'll need it tho
no negative or positive.. waiting for the move first before starting out

It's not a system but money management thingy sort of.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 12:39pm On Aug 22, 2019
The first goal for a trader has nothing to do with money and everything to do with being consistent.

The first goal is to learn how to trade properly. This first goal can take months to years before it’s developed enough to use in a real account situation. 

One should separate him or herself from a road full of profits, instead the trader should focus on overall consistency.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 12:12pm On Aug 22, 2019
I'll show live example of using trade averaging.

You can use it however you like , but i like to use it
when i see a 150-200 pips strong move on GJ, GU and GA

So if you see 150-200pips move on any of those pairs, let me know
I'll run a live xamples how to get some pips outta the move.

Stress free.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 12:12pm On Aug 22, 2019
Ooba:
And we roll....

If you are sure of a trade direction but don't know where the market is going to turn... Then you should learn about TRADE AVERAGING.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 12:10pm On Aug 22, 2019
Ooba:
What broker are you using currently and how long have you been with them..
I've got accounts in Global prime and Pepperstone.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 6:25pm On Aug 21, 2019
Nothing else to contribute here. All you need to be successful is in here.

Gave out a lot of info that took years with a lot of roller coaster, mental anguish, pain and suffering to get.

It's left for you to put the puzzle together, no spoon feeding.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 6:19pm On Aug 21, 2019
Trend trade and Counter trade for this month.

BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 6:04pm On Aug 21, 2019
My fav, counter trading.

BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op):
Trend trading. Heat map as a tool.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 5:58pm On Aug 21, 2019
Heat map.

1st @London
2nd @New York

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 1:32pm On Aug 21, 2019
Ooba:
Let's see another ride
My guess is GJ will go into range most likely as both currency is kinda weak.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 1:20pm On Aug 21, 2019
Counter-trade:

If GA ever get to remove yesterday low, today. I'm going to get some easy pips on LONG trade.
Waiting for MM to remove yesterday low patiently.



Ps: Guys, again, don't set up / OPEN account with any how BROKER . Why the heck you want to deposit in bitcoins? find a legit broker, with good history, don't go setting up an account with a broker that just spring up with head office in Belize / Russia , even Nigeria.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 8:16pm On Aug 16, 2019

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 6:11pm On Aug 16, 2019
redsox11:
GA working it again today. Taking out the high of yesterday and all the stops stacked up there.
Didn't want to hold over the weekend.

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 1:24pm On Aug 16, 2019
GA working it again today. Taking out the high of yesterday and all the stops stacked up there.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 1:08pm On Aug 16, 2019
currentprice:
u can learn from babaypip.com for free
or
contact redsox11 who is ready to

grin grin grin
Na grin grin grin It was one time offer to alphaNomega as I see he's struggling wink
He should go through babypip
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 10:31pm On Aug 15, 2019
I’m loving this volatility.

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 10:06pm On Aug 15, 2019
redsox11:
AUD is super weak, would be nice to see GA take out yesterday high for possible short entry (counter trend for quick 40-50pips). Banking on AUD gaining some strength.
redsox11:
Waiting for market maker to run the same pattern. Yesterday worked out perfectly as I thought.
We got the same run again today. Entry with band. SL is 20 pips

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 11:05am On Aug 15, 2019
redsox11:
AUD is super weak, would be nice to see GA take out yesterday high for possible short entry (counter trend for quick 40-50pips). Banking on AUD gaining some strength.
Waiting for market maker to run the same pattern. Yesterday worked out perfectly as I thought.

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 11:45am On Aug 14, 2019
AUD is super weak, would be nice to see GA take out yesterday high for possible short entry (counter trend for quick 40-50pips). Banking on AUD gaining some strength.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 10:46pm On Aug 12, 2019
... Short year

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 10:25am On Aug 12, 2019
Adding this idea and tool to my arsenal improved my TREND trading accuracy to 80% without stress (it get you into the right market, a moving market, 1 way market), it also helps to know what market to hold on to for more profit.

Today I shorted AJ @London open, as I know AUD is dead weak and JPY not doing bad.

GBP gave hint of some strength but I ignored it as it's against my HOURLY trend direction.
As I like my trend trading to be in hourly direction as intra-day trader...( Long term traders might look at 4hours or daily trend direction )

Ps: Attached image to give idea of what i'm talking about.

BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 10:11am On Aug 12, 2019
AUD seems to be very weak across board right now, so is NZD. Anything against them in intra-day trend trading should work great.
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 9:32am On Aug 11, 2019
Think about it;

Suppose we are trading EURUSD:

We have identified a possible LONG trade in EURUSD with whatever method you are comfortable with - it does not matter.

What you do is analyse all EUR/Bleep minor crosses.

What does it tell you if you want to long EURUSD and EURGBP is short?

GBP is stronger than EUR at the moment. BIG WARNING SIGN ON. You want to long a currency which is weaker than another at the moment? Think again.

The next step here would be to check the USDX + GBPUSD.

If USDX is short what it tells us is that EURUSD is being dragged up by USD weakness. We know that EUR is not the strongest currency (EURGBP down) at the moment so that USDX weakness must come from another USD cross. Since we know that GBP is stronger than EUR we take a look at GBPUSD. If GBPUSD is long that already tells us that GBPUSD would be a better option to long right now since we know USD is being shorted + GBP is stronger than EUR but both EURUSD + GBPUSD are going up.

So essentially GBPUSD is super strong.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 9:09am On Aug 10, 2019
I give as much as I take,
whooped and whopping,
Take and Give.

BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 9:07am On Aug 10, 2019
Hope you guys are enjoying the weekend.

Did anybody get the bands? and the settings?
Need any help?
BusinessRe: Forex Trade Alerts: Season 19 by redsox11: 2:07am On Aug 05, 2019
Some Ppl here ask questions about going live, asking about forex platform. If you can't do minimum research about this, I can assure you, you will blow that account in a very short period of time.

Forex trading is no joke. I blame all the greedy platforms allowing for 100$ deposit, that's why a lot of people are taking trading as a joke. As you can always fund your account again with another 100$. And that's what the platforms are counting on.

Say you want to start a coffee shop or restaurant business, ain't you going to carry out some research before setting up the business? Why do you think Forex Trading is any different?

80% of entrepreneurs starting a business fail within the first 18 months. (Forbes)
50% of startups fail after operating for four years. (Statistic Brain)
66% of small businesses will fail within 10 years. (Tutsplus)
50% of small businesses fail after five years. (Small Business Trends)


You say Forex is difficult , tell me which money making business is walk in the park.


jamace:
https://www.forexpeacearmy.com/forex-reviews/4257/instaforex-forex-brokers
Thanks for helping others here Bro.

shadow3:
oo ok but the reviews about them are not good but anyways thanks sir, I will test them
Have you got no value for your money? please find a good charity around you to support.
How can you test what is proven to be scam? It's just mind boggling to me.
BusinessRe: Learn Forex Trading (absolutely Free) by redsox11(op): 6:11pm On Jul 30, 2019
2 trades and 2 winners.

Journaling.

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