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Redsox11's Posts

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BusinessRe: Forex Trade Alerts Season 17 by redsox11: 8:52pm On Jul 11, 2017
Pipsbasketings:
This I meant.

Just before the close of today, I will enter sell again and ride it like I initially expected. Meanwhile, the other three pairs are doing very great; they helped replenished the lost pips on GNZD and with some extra pips.
If it regularly nip your SL and go to the intended direction.
Just a suggestion, why not put another entry right at your SL area with a very tight stop (extra 10-15pips.. would make for great R:R).

Just a suggestion as you'll have a better idea than I do.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 6:53pm On Jul 11, 2017
Holding... Thinking of taking one off before any major retrace.
KISS (Keep it Simple, Stupid) , when I'm over thinking things.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:41pm On Jul 11, 2017
The thing is, I take hit (SL) every now and then as it's part of the business , but my entry are usually tight. If I successfully deploy my entry, I usually can have something of 1:5 to 1:10 ( R:R )

SL not more than 10pips above or below hourly chart, usually.

Ps: GCAD- Hourly and 15mins chart.

Pps: I usually just trade what I see and try not to be married to my trades, so I move with with the flow.
If I'm wrong, I take a small loss and move on to the next.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:31pm On Jul 11, 2017
Was in GU too early, should have waited to see some wicks on the hourly chart before entering.
Took some trades off, to replenish the account. I'll leave the rest as free trades.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:19pm On Jul 11, 2017
redsox11:
Holding from yesterday, recon some will take me out @ Breakeven.
I'm going to have to sit on my hands now " saving my ammunition ", as I'm not seeing high probability entry (I rather take A+, B+ entry and lose the trade , than enter a C- trade and win... Building bad habits.)
All trades stopped out @ Breakeven...
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 8:12am On Jul 11, 2017
Holding from yesterday, recon some will take me out @ Breakeven.
I'm going to have to sit on my hands now " saving my ammunition ", as I'm not seeing high probability entry (I rather take A+, B+ entry and lose the trade , than enter a C- trade and win... Building bad habits.)

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:28pm On Jul 09, 2017
18. I remember placing another position when price retraced to 50% of candle 17. However didn’t know it will close around that area. Uh oh. 7th position is now in danger. Im watching carefully now.

19. I really want to see price close below candle 18 as a engulf pattern. Please please please. Hmm.. it does close below 18 but it doesn’t close below 17. Looks like a stall. ** Price all over the place, ascending wicks, double top wicks ** I need a clue very soon or I will start to close my legs.

20. Not good. Alarms ringing. 3 up candles with price closing over previous down candle of 19. This is not a good sign. My only saving grace is that the price did not close above 17. My 7th is now in danger and now Im going to get ready to close it if price moves sharply. Finger already on enter button here.

21. Hmm.. Engulf pattern. Buyers chickened out. Sellers pushed it down and closed below 20. Good sign but I want to see other sellers also seeing this.


Post later.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:23pm On Jul 09, 2017
12. Uh oh. Price closed above the previous down candle. Not good. Is this the end to my 2 positions? Price couldn’t close above uppoer wick of 9. Still ok.

13. Hmm... down candle? Closing below candle 12 the up candle. Good Good Good.

14. And there. Breakout again. My 2 positions was never in danger. Now I want to stack more



15. I notice ema crossed over and now a gap is opening indicating strength between 5/10ema. Good Good. Price opens and retraces up. Excellent I say. As long as it doesnt close above the previous 14 down candle. Since this is fresh momentum. I add 1 position at open and another just around 50% fib. Need to be quick on fingers. Now 4 positions and I will close out 3rd and 4th position if price closes above candle 14.

16. Big rush down and I didnt want to add another position at open. Thats overexposure. No retrace but I note the very short uppoer wick of the previous candle. Not even 33% indicating sellers are well in charge with good strength (which also means other sellers are jumping on). Candle 16 retraces and I add another position at around 50% and ready to close this position if price closes above the previous down candle.

17. Goody. 5 positions and all ok. Candle 17 another retrace to 50% another position and finger ready to close it if price closes above the previous candle 16. If price closes above 16 I will most likely close this one and the one just before just to minimize my risk little further. Total 6 positions. Now every tick is worth 6 pips for me.


Continue on...

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:18pm On Jul 09, 2017
7. I do not want to enter at open of this candle as the stop loss is larger than what I think is required. However, yesterday I did (we will come to this later and the reason I entered sell at the open of candle 7 is because I had hindsight from higher timeframe). Price retraces past 50% of previous down candle. Uh oh. And then bounces off at open price of the previous candle. Yes, seen that all too often and another position around there. 2 positions on single 5min candle. This means im very confident but will not risk any more until something better comes out.

8. Im expecting a big drop of price. It doesnt. Uh oh. My only saving grace is the descending wick pattern. Still ok. **As long as price doesnt retrace and close above the breakout I will wait. Dont need a hard stop loss yet**

9, 10. I notice the price is now stalled again in this mini range. Another support happening below candle 6,7. Not good but not bad.

11. I still see descending wick pattern. Buyers are away for now.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:14pm On Jul 09, 2017
Price Interpretation. (Same chart - the break down )

1. First candle after flying buddha. Does not close below or above the s/r

2. Buyers pushed up but couldn’t close over the previous down candle. Sellers still in charge but support not broken

3. Sellers push and break the support of candle 1 and 2 but not flying buddha. This is good sign.

4. I notice open price is same as the low of lower wick of candle 1. Buyers push up but close at 50% fib of candle 3. Not enough power from buyers. Goody.

5. Buyers gather strength to push it up but all they create is a wick. This new wick creates another descending wick pattern. Getting better.

6. Clear breakout of support from flying buddha and closing well below it. Now I know sellers in charge.
Continuing on..

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 7:09pm On Jul 09, 2017
meshpips:
I closed the NZDUSD trade before the news. I posted here when I did so.
Sorry I saw your earlier message, nice one .

Will Post few chart, something that helped me in the past .

Might help someone. Helped me with price interpretation in the past. I’m not sure it’s for beginners though.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:30am On Jul 08, 2017
Used 1 hr hindsight to enter the trade on 15mins, seeing all those wicks. [color=#990000][/color]

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:22am On Jul 08, 2017
Got stopped out on EN but took took some profit off GCHF "missed another Sell Limit with a tight stop" and left one trade running, targeting some 160+ pips, it's a free trade ( as SL is set to breakeven)

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 4:02am On Jul 08, 2017
meshpips:
NZDUSD:

Sell recommended.
How did you manage your NZDUSD trade? With that huge spike up, could only escape that if you don't have a SL set in.
Great call on XAUUSD, even fell some more.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 3:49pm On Jun 20, 2017
Update so far...

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 11:55pm On Jun 14, 2017
Experimenting on the side with Graeme Millipede. Will make you develop no itching fingers.
Mainly setting your trade at breakeven asap and letting market decide. No TP usually, but minimum is TP is 1 1/2 -- 2 weeks .

I'll update once in a while, will still update if the experiment eventually turn out bad.

TV/MoviesRe: Igbo Language Spoken In New Tv Series by redsox11:
Wasn't 100% sure but I thought that was Igbo language if I'm not mistaken.

http://couch-tuner.city/5/american-gods-s1-e2-the-secret-of-spoons/

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 11:25pm On Apr 27, 2017
JLINE:
Carry on...can't argue with you on this. Thank you.
Mind bending isn't the word for that but check pics below. I have seen things bro and don't assume. Those trades are EA until proven other wise and they could be random pics though.
10lot size is $100 per pip in case you don't know...copied too from someone I KNOW PERSONALLY.
Different trades at different times.
Fantastic JLine. Keep doing what you do.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:12pm On Apr 27, 2017
JLINE:
I am telling you it is BOTS... I am not asking you.
Do you know what it means to have 52 open trades in 24hours and still close all profitable ?
I believe you don't trade.
EA(script) to manage trades, yes.

Not program robot to enter trades and exit trades that you prolly use too.

I know what you see is mind bending, so that's totally okay.
BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:18pm On Apr 27, 2017
Not mine, just to inspire. Endless possibilities. Happy Trading Y'all.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:15pm On Apr 27, 2017
wickyyolo:
A Holy Grail is out there, People will discourage you that it doesn't exist, but never give up. Keep searching and you will find it.
If you give up, you will end up working for the 3% of people that never gave up. Never give up.
I think " YOU " are the Holy Grail, not some system per say.

To inspire-- Endless possibilities. .. Copied.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 9:12pm On Apr 27, 2017
JLINE:
Good inspiration but bolded is arguable or better still wrong. Point to me 5 traders who do this every 24hours and I will show you 50 traders who traded consistently over a long time and made millions.
This mindset kills or not very advisable for anyone and I believe whoever did that got lucky and now is bragging about it.

EDIT: 52 trades within 24hours,bros that's a robot na or its more than 24hours as claimed.
It's actually manual trading, not some bots. Of course you can have EA to manage you trades, after entering manually.

BusinessRe: Forex Trade Alerts Season 17 by redsox11: 10:48pm On Apr 26, 2017
Copied- " I missed 3 golden ops to take this account from 50k to 7 figures in less than 24hrs.... but it shows you what you can do when you really "see" what's going on behind the glass...

You have to start thinking like those on the other side of the glass do...they are PAID to take our money....all of it. You MUST quit thinking like every other person on this side of the glass as they are the ones, 95% of the time, that lose ALL of their money... if you can not do this, then don't trade because YOU WILL LOSE ALL OF YOUR MONEY! "


Not mine, just to inspire. Endless possibilities.

FamilyRe: Boys Night Out Discussions by redsox11:
coogar:
stop looking for my trouble. the belly is super-fit. i put in 2-3 hours everyday to have it in a trimmed condition. if it's trimmer than it is, I would be anorexic.
Hi coogar,
I have been trying to get a hold of you, some things I'd like to discuss with you outside here.
I could write to your email address or something.

Mine is @ yahoo.com or bbm - 5903604

Cheers.

Ps: Mostly business.
RomanceRe: ‘I Am Sleeping With My Step Sister’ by redsox11: 5:51am On Dec 08, 2015
Naturalized:
Do you mind them. Nigerians have long lost the ability to think for themselves. I mean, these are two people with no blood connection for goodness sake.

Btw, do most of you realize that we are all family on the face of the earth? Like offsprings of Adam and Eve? Why then do we get married and 'sleep' with each other?
Christianity EtcRe: Prophet, C.O Mohammed Weds Young Lady (photos) by redsox11:
Naturalized:
I know the guy very well. Suprised he's getting married though..Since i also know his...Never mind.
Hi Naturalized,
I have been trying to get a hold of you, some things I'd like to discuss with you outside here.
I could write to your email address or something.

Mine is @ yahoo.com or bbm - 573604
Christianity EtcRe: Prophet, C.O Mohammed Weds Young Lady (photos) by redsox11: 5:49am On Dec 08, 2015
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