Redsox11's Posts

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Business › Re: Forex Trade Alerts: Season 19 by redsox11: 5:48pm On Apr 18, 2019

A very slow week for me. My main & scalping account.
I'm not expecting much tomorrow because of Bank Holidays.

Hopefully things will keep moving after the Easter Holiday.

5 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:08pm On Apr 16, 2019

My scalping account doing good but my main account, I've got only 1% gain this week. Was out of margin to enter some good cad trades, it is what it is.

5 Likes

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 10:30pm On Apr 15, 2019

Tianamen1:
I have noticed that on the other thread your charts have an indicator that looks like a Bollinger band without the middle mean line. I also noticed that you typically trade the London open after a big move during the Asian session and you trade it either as a pullback to previous support or as a range trade based on how the market is moving. I do not yet know under what market conditions (higher time frame) your trades are most suitable but would like you to mentor me and guide me in the right direction sir. You have 14 years experience, I am just clocking my first year. Please help a brother out.

Please sir what indicator are you using as your green buy line and your red sell line.

Thank you very much sir.

I don't know about mentor, I'm not sure I've got the strength for that and I don't know how dedicated you are and how much time you have for trading.

How long have you been trading for, month/years?
I can't help you if you don't have some basic knowledge.
I can't help you if you want to trade off daily/weekly swing trading.

I trade based on how the market is moving and how well I could read the price/market. My trades are usually on 15mins chart, but I'd like to see the bigger picture mostly on 1hr chart or higher.

I can help you if I want, at least to shorten your learning curve, to speed things up for you. To get you to your destination faster but I can't teach experience, that you need some screen time for.

Ps: If you're looking for 4hrs/daily timeframe system , check my last post on the other thread. I posted a link to where you could learn and use the head and shoulder system (quasimodo)

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:10pm On Apr 15, 2019

https://www.forexfactory.com/showthread.php?t=444458&page=108

6 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:45pm On Apr 11, 2019

I'm seriously considering sending 500 dollars to Darwinex next week, use it as my long term trading, targeting 10-15% every month. I'll have to adjust my trading to fit for what they are looking for as a trader.

Edd1e:
Nice one and great wisdom as always.

Thanks Boss , wetin man go do na.

seyiade26:
Oddly enough it's this same week threatening to change me from a counter - trend fanatic to a real trend guy.
Why don't you guys check what AUDNZD been doing for most of the week...

Nothing is stopping you from being the two wink

I don't trade AUDNZD, too slow for me, AUDCAD, AUDJPY and others. I don't even look at them at all.

collitexnaira:
Great performance boss. Are you a swing trader. I just wonder how you managed to get such performance with the way the market has been fluctuating this week. Your strategy must be very good

Timing and little better chart reading. With a whole lot of good and bad experience lol. I take what I can from the market, I miss a lot of pips/run too.

I won’t say I’m a swing trader, more intra-day and I also scalp but that’s with another live account, I take more risk there as I always try to withdraw every month and start all over again with the said account.

I'll post a screenshot of the scalping acc. I've ONLY Traded 6 days from this 2 weeks on the account. High risk account.

4 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:17pm On Apr 11, 2019

More charts.
I'm close to my weekly target.
Let's see what Friday will bring.

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:14pm On Apr 11, 2019

Some charts.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 4:17pm On Apr 11, 2019

I continue chipping at it. Slow but steady week.

Why I post like this is to show others it could be done, I'm not saying it's easy but it can definitely be done. Took me more than 15years to get here, I've almost seen it all BUT NOT ALL.

But don't be slow like me, do it smarter.

6 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 3:51pm On Apr 11, 2019

infofirst:
Real battle. Interestingly. Both will win. Only pigs will be slaughtered.

I like that line. Don't be a pig grin

GladmanGoddey:
am trying to add more instrument to my trading and not only focus on forex pairs because when market is choopy i cant make any decent profit. This week like this has been very annoying for me, i was only able to profit from gold and all the rest price is just dancing around my entry i dont know what he is waiting for. So to avoid doing some stupid decisions based on emotion i want to add more instrument to my trading list. Can you suggest some to me?

If you're intra-day trader and not counter trend trader BUT you have not taken any hit this week, I mean if you are not in the negative, then you are doing VERY GOOD.

This week market is what separate total newbie with someone with some experience or good system. I don't think more instrument will help you though.

That's why I say to people that you've got to trade more than a month, so as at least see different market / price phases and not get your butt handed to you by the market.

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:11am On Apr 11, 2019

Sluggish week, maybe this statement is going to work the market and produce some good move.

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:30pm On Apr 09, 2019

The week coming along fine so far.

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 7:41pm On Apr 09, 2019

alphaNomega:
The long term sentiment for GBPUSD favours the bears, any long signal you get is a retracement provided price does not close above 1.3200
The bears are heading to 1.2700 region

What if price goes up and doesn't favours bears again? I've seen too many times price broke Trend-lines and go back inside grin

Just follow the price, we are not going to dictate to price where it should go.
Be nimble, if it goes down fine, if it decide to go up, also fine grin

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 1:19pm On Apr 09, 2019*

Hunting sitting ducks (SL's) , that's what I call it.

I just feel bad for new traders, no indicator can actually help you be profitable without you having some chart experience. If you've got some luck maybe have indicator system with something like 1:3 (R:R) .

You need screen time, that's the number one thing that can help you.

9 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 1:09pm On Apr 09, 2019*

My oh my, I'm looking at GBP and price reaction. Intra-day trader nightmare is going on.
Hitting the highs and lows, price expansion. Damn it. It's nice when you see it and can tell what is going on.

They move it up, when you enter buy, they drop it down, force you to accept some loss and jump on sell, but before you blink your eyes, they drive the price back up. Leaving you in no man's land.

On higher time frame , price is in triangle, it's going to have to break out up or down, I don't care which way.

6 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:00pm On Apr 03, 2019*

Tips ; GbpJpy 15mins chart
How to detect possible range day, for intra-day traders.
When you observe big range in asian session. It’s highly likely that you’ve got a ranging day on your hand.

Don’t mind my spelling mistakes, my jing app is crashing and wouldn’t allow me work it.

6 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:58pm On Apr 03, 2019

seyiade26:
Cheers boss. Will you still trade this week ?

If I see grade A set up, that's got 90% of playing out well, 40-80pips on the table. I'll go for it.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 4:20pm On Apr 03, 2019

infofirst:
Brilliant. Thumbs bro

Hello sir , how's your trading week going? hope you're taking it slow and steady?

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 2:54pm On Apr 03, 2019*

Weekly target met. Green pips to all.

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:51am On Apr 03, 2019

Now this is what I call turbo start to the week and month.

4 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 4:38pm On Mar 29, 2019

seyiade26:
About 7.2% profit based on some dangerous CAD trades already closed today. EURCHF trades still open and in nice profits. It's almost surreal...
Cheers...

Someone is on fire this week.

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:48am On Mar 29, 2019

EurCad , EurAud and EurUsd
I’m looking for a fast fall and market extension pass the adr for a solid buy entry here. TP around 35-70 pips.

Some of the GBP pairs too, I’d like to see a quick fall taking out last week low for a buy set up. TP 40-80 pips.

Key word, fast fall.
Scenario not likely to play out, but if they do, very easy pips to bank.

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:55pm On Mar 28, 2019

infofirst:
Exactly. I was rigid...

Welcome to the club, that's my middle name. I just get carried away some days with my bias that I don't follow the price.

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:52pm On Mar 28, 2019

And

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 10:51pm On Mar 28, 2019

Not me, Just showing...
Good examples ;

All head and shoulder pattern (A.B.C.)
Doesn't disturb your regular 9-5 job.

What are you waiting for? You say you don't have a system to trade,
don't wait for no alert, start generating alerts yourself.

1 Like 1 Share

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:57pm On Mar 28, 2019

infofirst:
It's lovely. It's red week for me. And ultimately red month. So break even is even better than red Atleast.

So congrats boss mi. Tomorrow is another day, next month is another month. We shall triumph

Let's see what tomorrow will bring, I'm little disappointed, I'd prefer 8-10 % / week but I can't dictate for the market, I'm just following.

I suppose your gold trade let you down, well we win some and lose some.

1 Like

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:48pm On Mar 28, 2019

Quiet week so far for me. Nothing out of the ordinary.

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:44pm On Mar 28, 2019

infofirst:
^^ Good team spirit. Love that.
Waiting on redsox11 and famora007 feedback

The thing is, I don't want to be seen as hinderance to someone's journey. Why I actually mention more time was because they need to experience different market phases. To learn if they stand a chance, a month is just too short but that being said, it's your call. If they can stick with the (good) money management, even better.

Live account- the greed and fear comes to fore like big time. You can see that playing out with Awesomeduru, entering more trade in his live account compare to the demo acc he started out with. My fear now is that he has run into hot waters with his account but I do hope not.

So ultimately, it's your call, I can't tell you what to really do.

seyiade26:
That's a wrap for the day. Approx 8% on the day and 10% for week.its working.
Took quite a while to reach. And even had a nasty drawdown. But composure is at an all time high now. Cheers...

Fantastic gains. I see you have a great week so far.

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 9:13pm On Mar 27, 2019

Some good pips. I'm not chasing nada , I wait for them to bring it to me, then I hit them hard.
Waiting for new set up but I'm not worried, I know they will bring it to me again.

seyiade26:
For the trend entry it helps to counter-trend and suffer enough in the hand of that kind of setup. Plus there were other pointers that created a kind of confluence.

The buy was just my regular counter trend setup. One of my battle lines ...

I like confluences

2 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 8:24pm On Mar 27, 2019

seyiade26:
Week back in some profit after a really strong trading day. There was every opportunity to earn lots more on the trades I just closed. But I just want to wait till tomorrow to bite again. Nice to be able to both trend and counter-trend EU today (sold in the morning and bought near current bottom. I still expect more upside but I am done already)...

Like a boss, selling it down and buying it up. After you na you oh. Make you show us the way.

femora007:
Thanks. NZDUSD closed @ $10 profit. EURJPY on my buy watch list, ripe for a buy already but have to be disciplined, 2 trades at a time. Slow & steady win the race.

Mr Femi, take it easy, leave some for us. You're killing this market.

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 6:57am On Mar 27, 2019

It’s not easy but if you put in the work, it will get easier and you will get to where you are going.
Enough here for the time.

Cheers.

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 4:42am On Mar 27, 2019

redsox11:
Possible ASIA buy trades on EN and EA , good for 40-80pips.
Perfect entry will be false sell and a bull candle for entry. Low risk trade.

Save this this chart. I'll call out asia trades when I see them (when I'm feeling generous)... This chart is go to example for those trades.

EA after ... +52pips. How and why is on this thread

3 Likes

Business › Re: Forex Trade Alerts: Season 19 by redsox11: 11:28pm On Mar 26, 2019

Examples;

Same formation but different (pairs) chart.

1 Like

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