₦airaland Forum

karkinase:
Seems like everyone is anticipating a buy to that FVG area..another twist; market might just gap down and continue its downtrend on monday

If this happens then otilo fa.

But if u check the charts for the previous week, we all anticipated a sell off between monday and wednesay but price decided to wait till Thursday to fall.

It may go down but it has to come back to fill that zone cos if it doesn't, based on the rules set by the market, market body no go dy alright

abham:
Nice one, peep weekly on Dxy too.
🫣

Local man is now confused.

Are you a swing trader?

My sell bias for EU.
could possibly play out or not but let's watch and see.

Slide A
What we were taught.

Slide B
Putting it into practice🤞🤞

Sl at 25pips from entry.
Good luck

The thick blue line in slide B is the 50% zone of that FVG.
Trades could be layered here.

***modified

Let me know if DXY will print the same movement.
Breaking the 102.725 zone will be seen as it passing stage 1

abham:
Maybe it wants to go up.

Let it wait small before going up so it can pick sell orders above

Hello

abham:
Dxy has been bullish on the monthly and Bonds 30yrs, 10yrs and 5yrs have been bearish on Monthly tf. Inverse correlation.

I recently noticed it but took serious ass whooping on Friday when Nas just dey whip me back and forth, though the indices are just doing their own thing this period.

Me too. I recently started analyzing dxy cos of the correlation with EU.

Tho that Friday sell off was expected just say man no remember again cos I was waiting for that sell to happen around Monday-Wednesday.

As e no gree occur, i die the move only to wake up on Friday morning and start seeing things

Tho I don’t really know where dollar Is heading now but It will be clear by monday

peteregwu:
On AUDCAD, I hit tp. That's 250+pips 😁😁

Kudos to u boss
U dy see abeg..

How u sighted that trendline dy amaze me 🙇‍♂️🙇‍♂️

rhynoemmie:
B like bias don change.
Dxy has broken a breaker block and is in retest phase.
If it retest this zone. Then I'll be looking for short entries tho I've already placed a sell limit order on EU

Retest happened but seems the market don tire for d week.
My order wasn't activated.
I don sha close shop like this..


Till next week✌✌

rainlover:
how do you cope with the wide spread?

Seems there's a mis-understanding

I analysed with trading view then place trade on my mt4

rainlover:
how do you cope with the wide spread?

Seems there's a mis-understanding

I analyse on trading view then take my trades on mt4.

Spread is not an issue for me.

rhynoemmie:
Trade update
Stop loss smashed
But my bias on buy is still positive except there's a clear change of structure on a higher tf
Hopefully the news today will reset the market

B like bias don change.
Dxy has broken a breaker block and is in retest phase.
If it retest this zone. Then I'll be looking for short entries tho I've already placed a sell limit order on EU

rhynoemmie:
Another day for me and EU
Possible buy bias

Reason for buying
FVG at discount zone using fibonnaci
Breaker block at the same zone

Let's see wether price can get to my entry.

No entry no trade

***
There's news today
So make all man dy on guard

Trade update
Stop loss smashed
But my bias on buy is still positive except there's a clear change of structure on a higher tf
Hopefully the news today will reset the market

dmahn:
Yeah.. Most of them are counter trend trades. Sometimes they work out well and some times they don't.. That's why I'm using 0.05, 0.02. I use 0.10 and above for trend following trades.

Are you trading a prop account or your personal?

Finessetraders:
I missed the SELL move. That Stop hunt sha

Make u dy see this country

Glo network stopped working from 3pm yesterday till like around 5..

Trade wey person wan snipe just waka pass

dmahn:
It's been a long time I've seen blue profits. The more I try the more I chunk in little losses...Well!! I trust just one TP will clear away the looses..

Omo
I think say na only me

What I did is to figure out why I dy chop loss and flee from such situations

Eg, i incur lots of losses when trading a ranging market.

Finessetraders:
Price may not get to TP3 as we earlier envisaged. You may wanna cashout now if you're holding.

There could be a liquidity grab above that resistance and then a sharp sell

IMO sha

Another day for me and EU
Possible buy bias

Reason for buying
FVG at discount zone using fibonnaci
Breaker block at the same zone

Let's see wether price can get to my entry.

No entry no trade

***
There's news today
So make all man dy on guard

Finessetraders:
EU, 4H projection



https://www.youtube.com/watch?v=j72kJYtvx-c

We're all seeing the same thing boss.

Nice chart

XAUTrader4L2:
Funny enough i just saw the original poster's handle and this chart on twitter, and i wasnt looking for it. The weekly is on higher highs and higher lows though IMO.

Please whats "IMO"

Saw this one somewhere

A pipful week ahead

Kaybee7000:
Chief beofre I can ride with u,I will love to wait for atleast this week candle close cos the way USD and JPY dey suffer this day,ha no just understand

Omo nobody really understand.
I analysed from what mr market gave me

karkinase:
Nice chatting.. What timeframe is this

M15

PS. That chart is not mine

rhynoemmie:
FVG came through
Tho didn't move as expected
Trade closed with 20pips profit

Wouldnt call this an ideal trade cos my risk was more and fear neva gree me hold trades enter weekend.

We go again next week

Different chart, same analysis.
Will be lookimg for opportunities to re-enter.

Possible EU sell bias
Tho USD IS on bank holiday for tomorrow
Market might be slow

#copied

The analysis aligns with mine but this chart explains better

rhynoemmie:
*** trade update
FVG zone has been filled already
Now we wait
Sl-1.09818
Tp-1.08629
Entry price-1.09499

FVG came through
Tho didn't move as expected
Trade closed with 20pips profit

Wouldnt call this an ideal trade cos my risk was more and fear neva gree me hold trades enter weekend.

We go again next week

Emmizay12:
e be like say the Trend is not your friend abi??

The trend is my friend but as confluences match up no, wetin I go do na.

My edge dy tell me sell.
E com be like say my edge dy use me play

rhynoemmie:
As I no gree sleep
Possible sell bias for Eurusd

Reasons for sell
Market structure: there should be a retrace to at least create a lower high (that is if the trend is to remain a bullish one or it could just tank from there)

FVG and OB: these one are just up above.

Market can only move 3ways, either up, down or sideways.
It has gone up
Could possibly go sideways
Or just come down🤞🤞

Sl at 30-35pips from entry
Tp- 1.08790

#if this trade goes against you, $3.5 don swim

*** trade update
FVG zone has been filled already
Now we wait
Sl-1.09818
Tp-1.08629
Entry price-1.09499

As I no gree sleep
Possible sell bias for Eurusd

Reasons for sell
Market structure: there should be a retrace to at least create a lower high (that is if the trend is to remain a bullish one or it could just tank from there)

Resistance zone: market is currently resting at a resistance zone. Maybe the news tomorrow could be the catalyst that drives it back down

FVG and OB: these one are just up above.

Market can only move 3ways, either up, down or sideways.
It has gone up
Could possibly go sideways
Or just come down🤞🤞

Sl at 30-35pips from entry
Tp- 1.08790

#if this trade goes against you, $3.5 don swim

samfelly:
Before anything, make sure you're signed up with them, 1st. Then go ahead and pick the . But when you get to the part in picture 2, simply write the coupon code: ANNIVERSARY and click verify and afterwards click Complete order and proceed to make payment

Please do you have any idea the difference between their eightcap broker and their thinkmarkert broker

Fxwarrior:
If your trading system entails holding trades overnight, you'll need a broker that doesn't charge swap.

rhynoemmie

Thanks for the advice but I'm currently trading to get a funded acct from mffx, just had to ask to be on the safe side since he also trades with mffx.

dmahn:
Nope they don't.. Its a fee you have to pay for holding your trades overnight. Even if you are in a loss trade it's not their business

Omo make i stay away gon
Thank you sha

dmahn:
Omo see levels 😍. I need to change this my habit of not holding trade overnight. I'm afraid of the swap fee taking out a decent part of the profit..Charly go dey smile go bank like this

Good morning
Please when it comes to holding trades overnight, after the swap fee is taken, don’t they give it back when normal trading time resumes or do you they keep it

karkinase:
found the snap tool

Omo the people waiting for this pair to fall eeh

Very stubborn pair