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Redsox11's Posts

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BusinessRe: Forex Trade Alerts Season 17 by redsox11: 8:50pm On Sep 27, 2017
Pipsbasketings:
I closed it on this day with 512.3 pips, it is the reverse I have been waiting for which is just about to happen
That's some healthy target.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 8:48pm On Sep 27, 2017
bigbasho:
I call my GU order 'SURULERE' trade. grin i am still holding my short position.. GJ pending sell triggered last night. watching this 2 pair for now
Nice entry on your G/U.


wamiikechukwu:
that spike took my SL of almost 200 pips
Hope your take profit is usually in the same range.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:13pm On Sep 26, 2017
If you don't notice, I trade a lot of double top and double bottom... M/W structure/formation.
You need to train your eyes to see it and at the right spot I might add.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 6:59pm On Sep 26, 2017
Would've been better if the price picked up my pending buy below. I should just set to breakeven and forget, but I'm not feeling like holding.
Out and flat on my quick scalp +25 pips.


Better entry should be 2 candles back but was late to enter. The close of the red candle.
Champions League coming up smiley

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:24pm On Sep 26, 2017
G/U... Quick opposite scalp smiley


Expectation; should be in some profit before the hour, so I can set to breakeven or cut for small lose. Don't forget it's against the current down trend.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:35pm On Sep 25, 2017
bigbasho:
Yes! I am still holding my position.
Post chart please if you can, I think you've got better entry. You've been holding for few days now, not bad.
There's room on weekly for some fall.



Pipsbasketings:
Good,
I am entering afresh by the end of today
For this trade call, we need to go on radio and television, go on street too to anounce to people to sell GU. grin.


Kidding though

Like I have waited for this
You exited your buy? I thought you have a buy on it running into some few hundred pips already or you will close when you about to enter sell?

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:20pm On Sep 25, 2017
The not so great entry on G/U... Waiting to to set to breakeven. It's still susceptible to pullback.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:03pm On Sep 25, 2017
Advantage of getting in at good price. G/Chf survive the pullback.

I have an entry on GU around +100 pips now, but my entry is so sloppy and I can't set to breakeven yet because of that.

My goal is to get in at a good price and set to breakeven as soon as possible and wait for market to reward or hit breakeven.

G/CHF chart.


Ps: The R:R on this is more than 1:12 if I close right now grin wink
But I'm Oliver Twist I want some more.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:57pm On Sep 25, 2017
wickyyolo:
Been in Rehab due to Drug Overdose, and I prefer staying here. #Rehab.
More pips to you.
Don't forget about us here. We all miss you, or should I speak for myself alone smiley
Hope you're doing great and hanging in there.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:30am On Sep 25, 2017
Like G/C... A foot soldier still fighting on smiley

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:19am On Sep 25, 2017
Update.... Why I like to enter at the top, so as to survive pullback.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:47am On Sep 24, 2017
wickyyolo:
This shii is falling until 142.300
wickyyolo Man where have you been? you just went into hiding after the big call out smiley
No more banters here lol.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:31am On Sep 24, 2017
Some Plan

1. Drawing a BattlePlan on weekend. You might need to look at weekly more.
2. Delve into lower timeframe and the traders ability to pin-point tight entries.
3. Traders ability to minimize risk and safeguarding their capital
4. Managing the positions to stretch out the profits.
5. Using various position management tactic to ensure that your BattlePlan is working out as intended.


PS: Even after you've spent so much time waiting for the perfect entry, the market does what it wants and couldn't care less about your analysis.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:18pm On Sep 22, 2017
redsox11:
EJ 15mins scalp. Risk 7 pips SL. Going to breakeven as soon as price close around the current 15mins low
E/J cheeky 1:5 risk/reward. That's how you stay ahead, by giving yourself some leeway lol. You've got to be able to stand some breakeven trades though. Something's got to give if you know what I mean wink

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:02pm On Sep 22, 2017
wamiikechukwu:
doesn't it become more wonderful, when one's side SL get hit?
That one too is wonderful, hehe smiley You can't always win lol.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:07pm On Sep 22, 2017
Pipsbasketings:
How is your GU short going cos this is what I meant by it is not time to sell yet; and if at all there is gonna be any then maybe Friday or Monday.
For now, it has turned to a buy signal on the H4 TF, I wish you could close your sell position and buy with SL some pips away from the recent low.

NOTE: The buy if plays out will not be too long cos this buy analysis is done from your TF - H4, may last for about 3-5days or may either range instead. SELL is a major position being from D1 but not yet confirmed until later.
He is probably in and out already with some pips.
Good thing about FX is, you can have a buy while I have a sell, and we both still make money out of it. Isn't that wonderful smiley
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:02pm On Sep 22, 2017
currentprice:
pls show your basket as well to motivate others not just i made 1500pips see u next week grin

grin grin grin
Bros you have to take his word for it smiley
Just kidding around.

Anybody caught the GA fall?

bigbasho:
.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:10am On Sep 22, 2017
EJ 15mins scalp. Risk 7 pips SL. Going to breakeven as soon as price close around the current 15mins low

Ps: The Problem is, I try to post some trades as soon as I take 'em, but it's not as easy when you enter on 5/15mins . It's rather too fast as I expect price to fall or rise and set to breakeven. Unless when I'm in on a larger TF.

Pps: Set to breakeven.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:47am On Sep 22, 2017
G/CHF & USDJPY...

Prodding GBP, might still have some gas in them for final push.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:47pm On Sep 20, 2017
bigbasho:
i dont check fundy at all, yet i got the right direction.
Nice trade you've go there. I don't either. I even welcome 'em to provide momentum. Unless NonFarm, if I'm worried, I just set to breakeven.

My SL are usually very tight 10-25 pips, even when I enter on weekly chart. If I see a larger stop and can't find a way to enter with reduce SL, I just pass the trade over.

There is always another trade right around the corner. There's no need to constantly want to be in a trade. I trade to make money, when I enter a trade, I expect it to go into profit, almost right away, as I enter around the edge. If and when I'm wrong, I'll take small loss.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:05pm On Sep 20, 2017
priceaction:
OK. My broker do me sege about 2 months ago on one account like that during a day like this, went to my SL before tp with overshoot and slipped like 10 pips. I won't allow them today. cheesy
Well it's better to play is safe then before they start spiking the price up and down smiley
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 6:05pm On Sep 20, 2017
priceaction:
Only trade I have today is eucad sell, and am closing it now for -6 pips loss. Not risking anything until directions clear.
Holding mine, hopefully it's still on before the announcement.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 12:32am On Sep 18, 2017
nennin:
MINISTER OF QUESTION I DON COME AGAIN. among all the systems or trading strategies, e.g engulfing, breakout, s&d and so on and so forth. do they fail? what i mean by fail is like for e.g you did all ur analysis accurately according to the strategy or system and it fail 10 times in a row.
BullBearMkt:
...if I may answer your question, I will say there is no strategy that is 100% perfect, they do fail atimes; but not to fail 10 times in a row. What is most important though is your ability to cut your lossing trades early and let your winning trades thrive. Your Risk vs Reward ratio is the most important aspect of trading.

Hope this helps.
grin grin grin grin grin
Couldn't have said it better. Fail 10 times in a row, that's a lot. It's almost impossible if you are picky with your entry plus trading on higher TF unless you're trading on 5mins jumping in with every set up.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 12:26am On Sep 18, 2017
BullBearMkt:
USOIL LIKELY HEADING TOWARDS $55
Weekly bearish pin bar created 2 weeks ago was refuted by a BIG BULLISH inside bar last week which indicate the possibility of USOIL going up. A close above last week high will confirm the upward journey towards $54 - $55 for USOIL.
Not a bad one. If I was trading that pair, I'd wait to see a stall at the high of previous week "would have been great if the pin on last week candle was little longer" and short it with tight SL 10-20 pips for quick 200 pips target. I'll bail if market just blow pass the high without any stall.
BusinessRe: Forex Trade Alerts Season 17 by redsox11:
Interpretation base on momentum

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 12:17am On Sep 14, 2017
Pipsbasketings:
A quick one guys - I want to teach you one of my best signal outlooks.

Whenever you see this candle formation, do not hesitate to take action with stoploss placed a little above the highest high between the 3 candles. Same goes for a buy position signal - the opposite is the case. Watch out now, you see that the exact same pattern is currently forming (USDCAD - D1)

If you agree and accept, indicate; if not pretend as if you do.......Love you all

Selah
Took me back years when I was studying under James16Group smiley

It's bearish outside bar (BEOB) . Look for it at the top to sell and Vice versa.

I prefer the full body own, indicate strength.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:50pm On Sep 11, 2017
wamiikechukwu:
my brother no be only you ooo, emotions is very powerful and as human, we can not escape from it and this business doesn't need an atom of it at all.

how i over came mine was to set a few laws, like for example i don't trade on Monday, i trade only four currency pairs, i trade once per day....

those are just few examples of what i do, i notice the more i follows these rules the more my will power increase to help over come this emotions, and the more my account grow

the secondly is to code a robot, but from experience, i seems that this "greed" is transferable because one will keep changing the codes to find a perfect robot which never exist...so even getting a robot doesn't solve the problem, it just reduces it, if one is fortunate enough.
If it's not too much to ask, why not share little of your method, or post picture sometimes. You might find someone here to fine tune it for you. Sometimes we are too close to what we are doing and don't even see the thing right in front of our eyes.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 5:37pm On Sep 11, 2017
bigbasho:
You should have taken profit at 1.1045. Sorry I dont wanna impose it on you that is why I didnt mention it. You can see the reaction at that level.
That's okay, thanks. I was planning for a long hold, as I took the hindsight from weekly, and weekly should give a lot of pips smiley Would have re-entered and set to breakeven if I was on the pc.


nennin:
early this year i lost around 65k on forex trading because of emotion. i wanted to double the money in other to use it get a laptop and go for the training which was around 30k, and also a start up capital. though i double it but doubling it is not enough i keep on firing it till fire burn out the account entirely, my greatest ememy in forex is greed and i don't know how to overcome it. any help on this? i will appreciate it thanks in advance.
Bro hang in there, if you do long enough, you'll see the light.

harizonal123:
[/quote]Great sir, instead of jumping back in with big lotz


[quote author=djwalata post=60346249]well, dt is market for u. it surely has d tendency to go north till 1.1180 if only one can wait for dt in order to reduce d sl. one can as well sell it right now and sl at 1.1260 for tp almost 500-600 pips. good luck. (based on weekly chart).
20 pips SL for weekly chart, is pretty low for me. I don't want to have to go 15/5mins for pinpoint entry and fall into rabbit hole.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 11:23am On Sep 11, 2017
bigbasho:
Chai Redsox. You have succeeded in bringing me out of my shell abi. Though I didnt take it but we have same eye for it. Might get obstructed at the next point. Same way I admire your level picking. Still hoping to learn few things from you boss. Kikikiki
It kicked me out. Crazy A/N

djwalata:
great but it still has d capacity to buy up to 1.1180
Thanks to djwalata that told the market to go back up and take me out.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 11:18am On Sep 11, 2017
meshpips:
Please do not be too quick to hush the guy. He is saying something that will be beneficial to everyone who thinks deeply about what he is saying.

Volume and open interest are extremely important.
You're right . I'm sorry onojiwizardgmailcom.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:57pm On Sep 10, 2017
djwalata:
great but it still has d capacity to buy up to 1.1180
Good call. For all I know, it might continue to go up, I'm at breakeven already so no worries at all. I try as much not to predict, I just follow the track I see. They might pin it higher take me out at breakeven before the fall. If that happens and there is a track, I'll enter again and set to breakeven smiley

That's why I call it prodding, some will stick, it's inevitable.


oluwasheun94:
i dey nigeria so by 10 or 11 market go come bk. thanks for the ansa
Open 12:01/00:01 your time I suppose, but wait till tomorrow morning to trade (close to London Open), you need considerable skills to trade asian session.

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