Redsox11's Posts

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Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:30pm On Sep 10, 2017

priceaction:
@redsox11 I use news feeds from forex factory , forexfeed android app and myfxbook. My fxbook is faster.

Thanks. I'll check it out, the app.

wuyexzy:
i get your point big bro... the first point you marked in june i took a loss as i was long after the retest of the breakout but i made it back in folds as i went short and was gifted a double entry(beauty of daily close) but on the second arrow i cann't put myself to take any side as price was kinda choppy although that time pipsbasketings shorted it in his basket but i was looking for a long opportunity which i didn't get.

Okay sir, that's great to hear.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:21pm On Sep 10, 2017

Aud/Nzd weekly chart.

Initial SL on it was 20 pips, you got to love it. Sticking it to the buy. Don't get me wrong, I don't know for sure if it will fall, but with my entry, I have almost 85% certainty that I could get it to breakeven. The watch word is BREAKEVEN.

So imagine the price going short? ?? You see, that's endless possibility. A small move on the weekly chart is 100s of pips. Drag your cursor on weekly chart, you will see how fast it can fall 500 -1500 pips. All for 20 pips stop loss. Tell me, is that not risk worth taking anytime?

Where I learnt it from, it's called prodding, soon enough one will stick and you'll be in good pips.

Ps: Bigbasho, where are you? this entry is for you and don't tell me you don't have a entry somewhere around there. The way you pick your tops and bottoms, I'm afraid of you.

Pps: I was going to take few new traders to teach but I can't as what I wanted to work with is so subjective not as mechanical as I initially thought sad

Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:06pm On Sep 10, 2017

onojiwizardgmailcom:
no just trying to get gray matter shooting in someone's head, not everyone can absorb what I am trying to share, if it helps just one person I will be pleased.

If you're not selling anything, then great. We are all ready to learn. I can at least speak for myself.

[quote author=Tozinetita post=60312753][/quote]Thought you're being cynical in your earlier post.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 9:04am On Sep 10, 2017

onojiwizardgmailcom:
1. Price. 2. Time
In physics space and time relationship has been well researched by Isaac Newton, Albert Einstein etc. price and time relation can also be seen in same way, example if I am sitting and not moving in space, time is still moving, if I am moving in space, time is also moving, whether you are moving in space or not moving at all, time is moving. hence the rate of change of time is not related to the rate of change of space. space changes independent of time and time changes independent of space.
price and time has same relationship as described above for space and time.
But space and time have a relationship in physics.
the question is does this relationship exist for price and time

Feels like you're going to try sell us something here too with these your posts. With your email address as username

FOREXMARTS:
we still on, get your copy of our software now...

Business › Re: Forex Trade Alerts Season 17 by redsox11: 3:16am On Sep 10, 2017

wuyexzy:
short aud/cad. it's a swing trade so put your s.l way above 38.2fib level. you wont like to be stopped out by some silly spikes. the fib was dawn on the monthly chart.

Hi wuyexzy, how are you sir?

Calling your attention to little things that jumped at me when I see your posted charts. Have you ever looked into (please look at the attached chart below) ?? I could see possible entry with no more than 10-25 pips SL with good R:R .

You can discard the info if it doesn't make sense to you. Just a suggestion.

Ps: By the way, I didn't cherry picked/marked those particular candles.
If you post another chart, I'll pick some fresh ones for you again.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 3:05am On Sep 10, 2017

priceaction:
I checked again I said there must be mistake, then I received a breaking news that missile passed thru Japan and landed around their waterways blalablala. I just rushed to my platform to see what's up.

Sir what news source do you use? I rarely look at news calendar or take note other than Non-farm

harizonal123:
Will be trading the following pairs toward the opening of London session

SELL:
NZD/USD
GPB/AUD
NZD/CAD

BUY:
AUD/NZD
GPB NZD

Sir are you back trading live? as I read somewhere you're just getting back into the game after some time off. no pun intended, just curious.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 2:55am On Sep 10, 2017

Tozinetita:
Boss y u run from dis thread na? ()Defending FOREX Trading. A Golden Goose With A Bad Name()
Was feeling u until u ran away

Why do you think he has to prove something to you? use google to find out what you need on forex. Forex is not for everybody.

FOREXMARTS:
we still on, get your copy of our software now...

The marketer. The Online Guru Trader lol.
Guys be careful out there

1 Like

Business › Re: Forex Trade Alerts Season 17 by redsox11: 8:38pm On Sep 02, 2017

FOREXMARTS:
This must be a scam right? maybe, maybe not, what scam offers 100% trial before subscription?

any more question or more insults? #smiles

No insults from me. It's okay not to share same opinion.

FOREXMARTS:
This must be a scam right? maybe, maybe not, what scam offers 100% trial before subscription?

To answer this, actually a lot I'm afraid.
No need writing back and forth. Have a great weekend.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 7:59pm On Sep 02, 2017

FOREXMARTS:
Lol see judgment ,no hard feelings, I quoted you so i actually signed up for your response before it came..thumbs up chief. No strategy should promise heaven on earth, only a greedy person will fall for that, the holy grail doesn't exist, thanks for the kind words.

No hard feelings man. I've got nothing but love and respect for you. Yes I'm greedy. I still am at least to some extent.
Do you have a website for your service or you don't?

Going to binge watch Narcos Season 3.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 7:29pm On Sep 02, 2017

currentprice:

Currentprice , you dey add fire for us abi? make we continue to entertain you.

I don't want to say much as FOREXMARTS might be old timer here as I'm still relatively new.

Guys, for "US" newbies, I'm working on something hot, something real hot as I'm free agent now, and not under any contract. But I've got to set up a small account to run it live before sharing. If it works like I do think, will select a few members here (Newbies not the pros as they're already doing great) , maybe do a group of 10 traders. Will keep you all posted either way.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 7:07pm On Sep 02, 2017

FOREXMARTS:
When I read posts like this I smile, what you've posted is like saying, nobody should buy a car or pay an architect to design a house or mason to work on your site, in fact don't pay for anything on earth because there are places to learn how to do these things free of charge... People like you give this business a bad name, I also believe you designed and sewed the dress you're wearing too cos there are places to learn em online free of charge, I also believe you typed that post with a phone you manufactured yourself. If that's the case then I agree with you 100% but if that's not the case then keep that opinion to yourself.

You're one funny dude, comparing apple with oranges. Totally off analogy. People like you are nothing but snake oil salesman, 90% of guys like you out there. If I had someone tell me when I was starting out not to waste my money on crap that doesn't work, from marketers milking newbies because we don't know any better.

Bought a lot of systems that promised heaven and earth but they're all crap, some not totally crap but won't make you money, just slow down the burning of your account.

FOREXMARTS:
I rarely post here and you hardly see my adverts online cos a good service sells itself

Me think you're just another marketer trying to advertise your market on here. Hope you don't provide bad signals like majority of signal providers out there. How much do you charge / month?

FOREXMARTS:
One last thing and it's a question to you all, do you really think if all those indicators that come free of charge with mt4 worked they'd be free?

So you think because an indicator is for sale, that means, it's better than free indicators?

Just so you know , those free indicators you mentioned on mt4 actually works, if you know what you are doing. Of course what works for you might not for me coz we are different.

FOREXMARTS:
I started trading fx 2007, by 2012 I became a full time trader(after paying for trash and paying for value too in order to garner knowledge which is the reality of every market place)

According to you, with all that experience you have, and with so much junks out there, you'll still want some newbies to part with their money?

I don't want to make assumptions about your signal service, as I really don't know, who still subscribe to signal services tho? ever heard of copy trades?

Ps: Please provide your website for the signal service.

2 Likes

Business › Re: Forex Trade Alerts Season 17 by redsox11: 11:46am On Sep 02, 2017

Ps: Remember not to ever buy ANY forex material, no matter how wonderful it looks.

FOR NEWBIES. Think about it logically "use your head" If I'm actually.... Really profitable , why the heck would I need your money when I can make so much trading. A fool and his money are soon parted.

Everything you need on forex is online somewhere for free. You just have to know the right place to look at.

Have a great day guys.

10 Likes 2 Shares

Business › Re: Forex Trade Alerts Season 17 by redsox11: 11:39am On Sep 02, 2017

Just checking in, trust everybody is doing great and enjoying the weekend.

Anyone here that's interested in CJ method, should watch these youtube videos. This is very close to what I do, very very close, not exactly same but very close. I thought it might help some on here.

https://www.youtube.com/watch?time_continue=336&v=0iwGtiNW8y0

https://www.youtube.com/watch?v=8H1VR43W9kM

Especially folks that knows CJ method but couldn't grasp it fully.

Ps: I'm sorry this is not for newbies, you need some experience. At least a year or 2 preferably but you can always give it a shot.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 9:45pm On Aug 25, 2017*

CrucialPoint on ff --

People lose money because they don't realize nor have a concept of how dangerous Forex is. The mentality is whenever they blow their account, they can simply re-fund, another day and a fresh new start.

This mentality is not acceptable if you want to become a Professional trader. If you keep this philosophy, you will never make any money in Forex and you will surely lose all the time.

Without any concept of the dangers, you are like a 5 year old child trying to cross a four-lane highway. Would you cross a road without every stopping first and then looking left and right to check for oncoming traffic? Would you cross a road with a blindfold?... So why would you trade blindly?

[b]Knowing when to trade and when not to trade is very crucial to your survival. [/b]You can't trade whenever you feel like it. The market must have the right conditions before you can trade.

Trading without knowing the market condition is like setting out to sea during a violent storm. It is like flying a plane without doing your pre-flight checklist. Forex is a dangerous environment without the concept, the knowledge and experience of the dangers that lies ahead.

Realize that Forex is a very dangerous place and you cannot survive this place if you are unaware and clueless of the dangers. As with life, safety is a very important issue. Safety is your first priority.

Trading requires 2 things:

Psychology/discipline (mental training, emotional quotient)
A proven system/method or strategy (Entries, exits, money management)

7 Likes

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:06am On Aug 24, 2017*

Pipsbasketings:
A healthy thread.

I presume this is the best season to visit this thread, Very healthy to the soul

A lot of action and contribution here from everybody

Watching EN, my new 4hr bar just print, last one wasn't bullish enough, was going to sell it but won't as the SL is around 60 pips right now, that's too much a stop for me.

denip:
Good day everyone. please which is the recommended foreign trading platform to us here in Nigeria?

Why Nigeria? Is any forex platform regulated in Nigeria? They could take your money and decide to close shop anytime they like.
If you will, you should deposit funds you can afford to lose.

Nothing interesting today at all to me, I should just close shop till Monday.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 5:07pm On Aug 22, 2017

bigbasho:
Gcad doing the needful

Bigbasho did you buy back GCAD?? or you bought in GBPAUD? I didn't , doesn't quite fit in much with what I'm looking for.

wamiikechukwu:
on a more serious note why do you like scalping.

I don't enjoy 1min and 5mins trading (scalping). I tried but it's not just worth the stress. I don't count 15mins as much scalping, maybe a little, I think it's more of intraday BUT I love my HTF entry, those are my bread and butter.

When I scalp, I use SL, 6 pips away from the high or low but I usually close out when it's not working, don't have to wait to hit my SL.

EURCAD ; Rinse and Repeat. Want to see it close the gap. Somedays , it's that easy. Mind you my entries are sloppy.

I've shared a lot to try help others here and I've also gained one or two things from others.

1 Like

Business › Re: Forex Trade Alerts Season 17 by redsox11: 2:12pm On Aug 22, 2017*

wuyexzy:
i envy all of una that scalp... i can't stomach multiple loss no matter how little but well i can take draw-downs that can make many cry in as much as my bias isn't negated. always want to see reason for my loss not some stupid spike taking me out...

Devise a method to enter after the spike then, that way spike doesn't take you out or better still pick your levels from HTF then fine-tune it on 15mins chart.

It's easier for me as I do 1hr/15mins a lot before. What I couldn't crack is 1min - 5mins .

ipledge01:
Hi redsox, can you help me with your ADR level and session indicator

I'll attach it here in few minutes.

Attached ;
ADR level Indicator
Session Indicator (Go inside the indi and set NY other session colour to NONE)

Done for the day.

1 Like

Business › Re: Forex Trade Alerts Season 17 by redsox11: 2:09pm On Aug 22, 2017

I said I'll give AU one last attempt. Will set to break even soon. Take one profit and leave the last one running. It's intraday scalp better than when I was trying to do 1-5mins.

Nothing beats HTF though.

bigbasho:
Gcad doing the needful

Nice one, saw that CAD drop very fast.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:57am On Aug 22, 2017

bigbasho:
Yesterday I wan follow current price chop OYEL money. I marked the level Red while it was dropping hard. I chuk head even with the lowest lots size and it shrinked my margin. Still going in the desired direction but I jumped out after few Positive. Still young for high BP. even the little profit was taking for commission. lessons learnt. kikikiki

What lesson did you learn? Well small profit is better than loss.
Just saw your chart, that's not even small, that bounce on 4hours is a lot of pips

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:30am On Aug 22, 2017*

bigbasho:
No No. different strategies. am on Gcad sell tho. Got about 22 pending orders. kikikiki.

Wow that's a lot. I don't trade gold, I'm not going to open the chart, avoiding temptations

Want to; Quick scalp AU, EJ, UJ.

Update ; out AU -10. Will re-attempt one more time if I see W or RRT.
Update ; Flat, out all scalps -10 AU + 3 UJ + 37 EJ

Business › Re: Forex Trade Alerts Season 17 by redsox11: 9:41am On Aug 22, 2017

This is what NOT to do EURUSD " I got married it " and didn't even take some off. I was waiting and hoping for EU break-down but didn't happen, took me out breakeven.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 9:11am On Aug 22, 2017

Anybody caught the GU from top? It's been ranging for few days if you check daily candle. I've a sloppy entry, I'll just set to breakeven forget it. I'll wait if I it comes back to high again and show weakness to short it.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 8:05am On Aug 22, 2017

incredibleace:
W formation on H4 USDJPY(same on D1), prior to reading CJ's PDF, I wasn't the SL guy, but the light turned on for me in that aspect.

I love this your set up, you've got everything going for it. This is perfect trade in my book.

1, W structure on 4hr and even on 1hr chart, if you go further down.
2, Trapping volume on daily chart.
3, Price coming off weekly low.
4, A lot of support down there to push the price back up.

Ps: Is it 100% that you'll hit your target?? Of course not BUT you've stacked all the odds in your favour and that's all you could do and wait for the market to play out.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 8:14pm On Aug 21, 2017

wamiikechukwu:
my second observation about them is that their price fluctuate alot so i believe thats where the SL hunting comes from

I guess you are too smart for them, discovered and abandoned them sharp sharp.

Anyone here ever traded with Crown Forex? if you say yes, it means, you don tey for this game .

Pipsbasketings:
Basket still on - swing trading

Would you say, the way you trade would be difficult for someone to understand? or learn?
I'm not trying to flatter you, but I love the way you trade, nothing fancy but result oriented. I remembered those days we (I should say I, not we ) from one system to the other, from one fancy indicator to the other.

You could really help a lot of people here really. Still remember your recent +2000 plus pips

Business › Re: Forex Trade Alerts Season 17 by redsox11: 8:00pm On Aug 21, 2017

bigbasho:
Good Job bro. I have once clamoured for this. I don't think anyone is ready for this probably because it not really easy to Grasp someone's strategy unless you go through the basics of it. Can you share a PDF or any video link that will be a bit comprehensive?

I have some videos but it's proprietary information, so I can't share it but I posted a lot clue, especially the last few days. I couldn't say more not to get myself in trouble.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 7:48pm On Aug 21, 2017

Mother in Law came visiting, had to close shop for the day and head out together with the wife (pictures included).

I was waiting for M formation at the top of GCHF so that I could place a beautiful sell entry. I posted a chart few days ago with explanation.

I wanted to buy it up and sell it down (ping pong) , like Bigbasho.

Ps: Those lines on the chart shows yesterday high and low. The blue box shows the asian range.
Pps: Don't mind my entry, normal entry should have been waiting "couldn't wait, so I buy as I wait for the price to go up and form M" for M formation at the top and selling the sh*t out of it.

#Intradaytrading.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:42pm On Aug 20, 2017

Market open closed the last leg on my GCAD for +150 pips . Initial SL on it was 11 pip . Calculate the RR.

Ps: With all this, I still study a lot, I still read and keep learning. I still ask questions, I believe you've got to keep learning. I'm still no match to more than 10 million out there.

Pps: Still have other trades running in profit and took loss (SL -10 pips) on NZDCAD (I did post my entry back when I entered), forgot to set it to breakeven after moving in my favor before the big drop.

When I enter a trade, my goal is to find a way to set it to breakeven as soon as I can "that's playing defensive", that's my primary goal.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:16pm On Aug 20, 2017*

Last GC trade. The RR on this was around 1:15, before the retrace, didn't check up my trade till market close friday. I don't mind, I could close for 1:5 or 1:10 RR, doesn't matter as I set the trade to breakeven already, that way it's free trade.

I'm not imposing on anybody , just simply sharing, might make something click for someone out there.

*** Wish others could share too, at least tidbits to help others here.****

Ps: I'm not selling anything here. I'm no way doing advert, or planning to part some suckers from their money.
Ps: My only gain here is, this might serve as little journal for me. I've been planning to set one up in F-factory but haven't got around it.

Hope you've all had a great weekend

2 Likes

Business › Re: Forex Trade Alerts Season 17 by redsox11: 9:53pm On Aug 20, 2017

Very responsive USDJPY "4 hours chart" lately, you could say I cherry picked but if you train your eyes well enough you could also learn to cherry pick in real-time, have few losses here and there, that you can't escape from and you shouldn't even try to.

Can you see what I'm seeing? Open your eyes, I've mentioned it few times here and this is how you GET 1:7 - 10 RR , and you can even go to LTF to fine-tune your entry.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 2:55pm On Aug 20, 2017*

This might help some.... Edited from CJ.

Ideal Asian session is 30-50 pips. This is usually dependent on the volatility of the pair. Some may range 25-30...but look for around 40 pip range.

After the range is set, the next thing they do is expand the range. This is what trips the breakout trades.

After this range expansion, price should move 25-50 pips above or below the Asian range, this is where the stop hunt occurs. The stop hunt takes out the breakout traders. This move to the stop hunt may happen over 3 candles or 3 "pushes". This is where some confusion comes in. The 3 push move to the stop hunt is different than the 3 pushes of the actual move itself.

Once the stop hunt is complete, look for the "W", "M" or straight away moves. These moves may have 3 levels up or down.

Trades over...look for another.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 2:28pm On Aug 20, 2017

incredibleace:
yes, abit difficult to grasp, but u got the whole idea of why he showed how he trades, not for you to trade like him but to incorporate one or two stuffs into yours, that will improve your system.

more greens to us

So how is it coming along for you? Is the light coming on for you or not yet?
DO NOT sign up for the premium service" It's not run by him" , it's not worth it. I have few friends in there and even got some of the videos.

You might need to go through the pdf few times before you start getting it.

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