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Redsox11's Posts

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BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:10pm On Oct 09, 2017
Breaking it down more... When and what to trade and what to stay away from.

So say I'm looking for BUY entry, I want to see the market coming down for a while strongly and respecting the MA line
Opposite for Sell entry.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:02pm On Oct 09, 2017
Disclaimer; This is not new idea and I didn't create anything here. I'm doing this to help others, I'm not looking for anything in return.

It's simple enough to understand, and can give anyone a strong forex background to build on. This will take you from a trader with no clue at all, to a trader with some clue.

Is this the Holy Grail ? If you are searching for Holy Grail on public trading forum or even anywhere, then I wish you sweet dreams grin smiley


There is no need to use more that 1 moving average, so we are going to have only one.

It doesn't mean to buy/sell blindly. It mean it aid you to make an idea of what could happen and where you are in market CIRCLE "there's different terminology, circle and all... it's not important, it's the idea behind it that is important".

So basically we'll use the HH, LH, LL, LH info we learnt earlier with just 1 MA line
(If you don't understand HH, LH, LL, LH... Read up on it, it's not difficult idea to grasp at all).

Some extra info; we are not looking to trade MA lines, or MA cross, it's little bit more comprehensive.

Ps: Others are welcome to contribute. More info coming...

Ps: Can you see how you can combine the use of HH, LL... With this MA lines?? What do you see? questions??

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:59pm On Oct 09, 2017
G/CHF
G/U ... was stopped out on it earlier coz I jumped the gun.


Using higher TF for direction.

Ps: I'm not teaching this as this requires years of experience, intuition and discretion. What I'll try to teach is simple, straight forward and you could build on it.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:55am On Oct 09, 2017
Down Trend
Up Trend


Hope the text is readable from the charts??

Please do ask questions, no question is stupid question. We're all learning.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:16am On Oct 09, 2017
kunletoks:
Down trend. Lower High(LH) and Lower Low(LL)

Source: https://dailygoldanalysis.com/bullish-vs-bearish/
Beautiful chart with beautiful labelling and explanation. Nennin, are you following us?

LEARN TO TRADE WITH SIMPLE STRUCTURE.
I’m not reinventing the wheels , I’m going to post simple and yet power method, It’s not mine but I believe it could help a lot of new comers, even old people can learn one or two things going forward.

Set up a demo account and run with it, I’ll answer questions and explain as simple as possible. I’m sure others here too will help out.

This is especially for new people… So that you have a good and solid background and you can build on it going forward.


Ps: I'm not selling anything incase peeps are thinking, if I've got some hidden motives.
BusinessRe: Forex Trade Alerts Season 17 by redsox11:
Intra-day... G/U
U/C



Update GU- Stopped out.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 11:59pm On Oct 08, 2017
kunletoks:
This is an example of Higher Low and Higher High on a chart.
Thanks a lot Kunle. We still need for down trend if you have please.

I'll post and talk more about it tomorrow.

I need to get some rest. Have a beautiful night rest guys.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 11:30pm On Oct 08, 2017
nennin:
okay, am looking at supply and demand. while i will research on orderflow to know how it works, to look if it's my direction because i need naked chart for my analysis
No Bros, it's only this " Higher Low HL, , High high HH, Lower High LH, Lower Low LL? " I care about that you know for now??

When trending up you should see series of HH , HL... and when trending down, LL, LH.... And you can also use to determine trend change. It also can help tell you when to stay away from market, choppy areas.

Ps: Just this for now- When trending you should see series oh HH , HL... and when trending down, LL, LH...

Guys contribute, let's do it together.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 8:12pm On Oct 08, 2017
wamiikechukwu:
Lets see whether that blue and brown zone can be broken in EN else it mine Range.

whats your opinion guys
Nice one, hope you're not basing your entries mainly on the cloud, you should use them as guide, I'm sure that's the way you use them anyways.

If I was you I'll find way to sell around the blue zone you marked with tight SL and move the breakeven asap. I call them scout entry, I use them to test the market. Sometimes few of them stick and you'll see you are in the trade before most people. If it doesn't work out, you're just risking few pips. Well that's the way I play it, you might have a better way.


Someone should please post a document about Higher Low HL, , High high HH, Lower High LH, Lower Low LL? Or post a chart with explanation.

If you do, you are helping us all and few new people here.


onojiwizardgmailcom:
System 2 is trading system built on the premise of price moving towards mean (any reference) example Ranging, Channels, Bounce, Counter-trend, swing,
buy low sell high, Consolidations,
Fibonacci retracements etc...

For any trading system to be successful it must take both systems into account.
This is because when System 1 is working System 2 is failing vice versa. One must know this fact to be able to build a good mechanical system.
some of my trades from last week

How is it going man? you're scalper? You should teach us one or two things here.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 8:11pm On Oct 08, 2017
incredibleace:
I love these charts bruh
Yeah, I could direct you to where to see more smiley

incredibleace:
it looks like a sell
Yeah looks so but I ain't gonna enter sell and put my SL few pips above the high with large stop. What I want to see, by any chance, price should spike up to the high or close to the high of the pin, so I can enter and put just 10-25 pips SL smiley I don't care if I miss the move, I do 't chase them around, I wait for them to bring it to me smiley smiley


Just thinking though, what is this thread for really? we just post trade, mostly after taking 'em... Is anybody really learning here? Maybe we should start thinking about opening a thread a side and teaching proper... Am I blathering or is someone thinking the samehuh

Ps: In a restaurant with friends here, the wine might be working on me grin
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:26pm On Oct 08, 2017
nennin:
thanks sir i really appreciate your help. pls what is those trendlines called?.
What trend lines?

You didn't answer my question... If you don't know it, please read up on it first.

Bros how far? how your side? Are you getting there yet? Do you know Higher Low HL, , High high HH, Lower High LH, Lower Low LL? I want to point you somewhere if that's okay. How do you trade presently? Indicators, orderflow, supply&demand? What are you working with now?
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 2:08pm On Oct 08, 2017
WEEKLY

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 1:42pm On Oct 08, 2017
XauUsd
UsdCad


Where I have in mind to point Nennin

Trust me forex could be very easy if you're grounded, follow few rules and don't easily get carried away ( trade responsibly and wait for the right set up). Don't go around jumping from one place to another, chasing your tails all over the place. You don't need some fancy sh*t to make money, trust me guys.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 1:37pm On Oct 08, 2017
nennin:
abeg i have a very serious problem now, i don't know how to use mt4 on pc
Bros how far? how your side? Are you getting there yet? Do you know Higher Low HL, , High high HH, Lower High LH, Lower Low LL? I want to point you somewhere if that's okay. How do you trade presently? Indicators, orderflow, supply&demand? What are you working with now?


bigbasho:
I was banned so I just watched haters from background. I knew something like this will come up someday.
I'm sure say na the bot go mistakenly ban you. If that happens, just write to the MOD.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 1:30pm On Oct 08, 2017
fkdmods:
But i did that with my initial post on the issue and i got insults. How am i the bad guy for responding in kind? You know why i'm the bad guy? Because people, especially Nigerians, hate hearing the truth. Anyway, my point still is; No one asked for proof of trades but if you are going to start showing how well you are doing then do it the right way. And if you doubt why i'm doing this, again i say start reading from season 1 and start counting the names of superstars who weren't doing things the right way who you don't see anymore. This is not new. Start reading.

You could just come in and be like, show proof these are live trades and not just on demo. You can do a simple call out to him, and it's left for him to accept the challenge and show that it's really live trades or not. It doesn't have to be like na by force or na fight.


But the thing is that fkdmods, you weren't following this thread and reading up on all posts, if you did you would see a post where PipBasket deposited a thousand dollars and start "basketting" with it. So you should have read the old/previous posts to find out first.

Shevychen2:
Hi, been analysing this. Definitely worth a punt for anyone that can afford it. Here is the excel sheet. Just input your desired figures in the right fields. I hope it helps.
It's definitely worth it. Thanks man, I appreciate the excel.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 1:22pm On Oct 08, 2017
priceaction:
You still dey buy usdjpy after you said they will set trap to take SL above swing? And that's exactly what they did. Look at daily chart. Waiting for next week open.

If you remember I anticipated they might try to go up and clear all the SL around the top. I have 3 breakeven trades taken out ( each was ranging from +20 to +70 pips, I was hoping to cut 1 out for +100 pips but that didn't happen ).

So why I wanted to enter buy, as I anticipated they might try take it up to clear SL, so I wanted to find a spot to enter from bottom but didn't get the structure/pattern I was looking for to get in.


When I say I'm looking for structure/pattern it's because I'm looking for where to get in with tight SL ( managing risk before thinking about profit ).

incredibleace:
Waiting for next week open
I don't like the long bar, don't know what to do yet, will try to go with the flow or sit on my hand.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:39pm On Oct 06, 2017
incredibleace:
baba redsox11, I sight you sir. twale
Boss I say make I dey follow you too for back na.
Double Top

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:26pm On Oct 06, 2017
Pipsbasketings:
Alright sir

Who chooses the right way? what is the right way? what makes it the right way? any rule for that?
Meanwhile, I have posted my link here several times before now. I am adult enough to choose to do what I want with my life and not what you want.

My last reply for you
Man do as you please , if you want to share, do so, if not fine... Nobody is paying you here. If I see anybody new, I'll say try trade the way you do, build and learn some good skills.

I don't trade the same way, as I'm greedy and want more, but for someone new, I can't say do what I do as it requires more experience and more dangerous.

My 2 cents.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:23pm On Oct 06, 2017
What I do, when market closes if I can or early around before Frankfurt open...

I scanned through all the charts (I have a lot lol minus exotic, gold and oil and G/NZD)

I flip through the TIMEFRAMES, from daily to 1hour chart. I look for weakness, strength and ranges. I've a lot so I'm very picky.

I look for trend continuation, I look for counter-trend extended market run.

I have a textedit ( notepad/Journal ) where I write down what I like and what I'm looking for during the day.

I try to check every 4hours when new bar comes out (I know diff platforms/brokers have different new 4hrs bar but I don't care, I stick to the one of my platform "It's all relative anyways"wink

E.g Today I'm looking for structures/pattern here;


E/U sell

E/N Buy

E/A Buy

U/C Buy

U/J Buy

A/N Buy

N/Chf Sell

N/Cad Sell

N/J Sell

Market is dynamic sometimes things changes, so I have to change with it, I'm not married to any of my trade, I'm always moving and following the market.

Ps: I don't sell or buy blindly, I still wait for structures/pattern to finally pull the trigger.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:01pm On Oct 06, 2017
Intra-day.

E/U +70 pips.
E/A + 40 pips

G/Chf -27pips


All my U/J stopped out at breakeven sad

I'm trying to see ways to teach someone/People what I do but it's a daunting task. I don't trade, if you see ABC, you'll do XYZ. I trade naked, I use indicators sometimes(3), I use intuition and you'll only get those from years of experience.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 2:52pm On Oct 06, 2017
There’s no right or wrong way. The goal is to make money at the end of the day.

It’s not even really about the pips, it’s all about the money. And be discipline about it, know what you are doing.

Set out with a plan and follow through on it. Cut your losses and let you winners run if you can. Use whatever can help you get good results.

A/Cad 35*2 = +70 pips
A/Cad 23*2 = +46 pips

E/Cad -40 - 10 = -50 pips.


BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:08pm On Oct 05, 2017
redsox11:
U/J doing little better now.
EU with good entry.

In A/Nzd buy +4 pips little risky as there is possible 2 push downward on 15mins. I'll monitor it.
A/NZd, took some off.

wamiikechukwu:
where Evans dey sef?
Evans dey chill na grin shocked

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 12:43pm On Oct 05, 2017
U/J doing little better now.
EU with good entry.

In A/Nzd buy +4 pips little risky as there is possible 2 push downward on 15mins. I'll monitor it.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:31am On Oct 05, 2017
Finally something... Phew!!

You could tell of the impending pressure on 4hr chart.

G/C +120
G/Chf +30
Chf/Jpy -30

BusinessRe: Forex Trade Alerts Season 17 by redsox11:
A/U. Similar breakeven on E/U too

Anybody riding the E/U up?? Nice formation on daily. I'm not, I'm only looking for short on it. I'd like to see a fast rise and see where I could pick the top.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:22pm On Oct 04, 2017
Guys how market? nothing for me so far this week oh, and it's Wednesday. I sold A/U but came back and took me out at breakeven.
Set U/J to breakeven. I'll add more entry as I see fit.


Ps: I need build me a 5mins method to toy with, they are just not as reliable.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:12am On Oct 04, 2017
bigbasho:
I believe GU will rise. what is your take on this guys?

It's a no go to me, no clear picture. I'll wait to see if something nice plays out.


wamiikechukwu:
why dont you open a higher time frame to see a clearer picture?
isnt 30 minute to low?
I don't trade a particular timeframe smiley I'm all about the bigger picture. Check U/J and G/A... I need something close to that to play out, so G/A is my leading indicator. Charts below is daily TF, inside those there is up and down movement (swings from 5mins - 1hr)

U/J showing possibly bounce up on hourly chart, look at the pins.

Ps: Take with pinch of salt

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:34am On Oct 04, 2017
U/J need to move some more before the news kick in today. Market might stall a little before then.

BusinessRe: Forex Trade Alerts Season 17 by redsox11:
teemy:
I rest my case. I would just be roped in the more should I try to win in this court of public opinion.

EA reached target, still holding till Achf reaches target before exiting both. That concludes my analysis on EA for the day.
Nice one, I'll have to open my A/Chf chart again, I believe I deleted it when it was ranging few weeks ago.

priceaction:
No dey joke with this usdjpy oooo. In fact I don close my sell now now for small pips. That pair na one kind. Eno wan go down . just look at the formation on daily. Previous candles being broken and forming lower high on lower time frame. Unless I see strong push down. Redsox11 may be right though.
Why na?? please re-enter... I need more people in to push it down lol.
As I dey inside the market, you suppose get confidence say no shaking grin grin

Just kidding.


Ps: Will manage the trades until the serious announcement tomorrow.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:41pm On Oct 03, 2017
priceaction:
Something heavy is building up on usdjpy..... Keep eyes on it from daily ending today though am in since morning.
You saw that too?? ? I've been on the look out 2 days ago. People are building short on it already grin grin

I don't like though, I don't want market makers to mark it up and take people SL before smart money drive it down.

If you've not joined the ride, wait and hope today closes bullish but not breaking the high to short. You would even have more tight SL.



Ps: Or you could wait for it to break-down and enter proper sell like every other people would smiley
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:37pm On Oct 03, 2017
bigbasho:
looking forward to. Who is willing to teach me something new biko grin.
Wetin remain again you need? na to teach you how to use AK47 and enter world bank na grin grin
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:09pm On Oct 03, 2017
wamiikechukwu:
i believe what ever you want to tell thatsincerechic can be said here, after all this thread is dedicated to forex trader's both new and old.

Also thatsincerechic be mindful of fx marketers (people that make money from selling stuffs than trading) and scammers....

just as someone suggested almost everything you need is in babypip.

welcome to the family.
Choi you be badt guy. You no even allow the guy land. Your U/C is still no show, I hate it when market is moving at snail speed. I don't touch 'em. What I'll like to see play out on U/C some good retrace and a move back up to the high, then I can consider selling it.

In U/J (remember I mentioned it yesterday) , might still rock up and down little I suppose. Looking at E/U too doesn't look good to me.


bigbasho:
yes. i closed the short order. Anyone in on E/A?

I didn't enter that E/A , I don't like those wicks before the upward movement, same thing on Chf/Jpy .

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