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Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 3:50pm On Oct 04, 2023
saintfaculty:


If you heeded my suggestion regarding EurCad, you may have observed that the asset's price surpassed our initial projections. At present, the price has moved beyond the Previous Month Low (PML) and is presently displaying a divergence pattern on the 4-hour time frame. Looking ahead, I anticipate the price to decline to 1.42220, at which point we'll be vigilant for signs of a reversal to consider entering a long position targeting a return to the PML.

2 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 10:35am On Sep 30, 2023
saintfaculty:


If you heeded my suggestion regarding EurCad, you may have observed that the asset's price surpassed our initial projections. At present, the price has moved beyond the Previous Month Low (PML) and is presently displaying a divergence pattern on the 4-hour time frame. Looking ahead, I anticipate the price to decline to 1.42220, at which point we'll be vigilant for signs of a reversal to consider entering a long position targeting a return to the PML.

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 6:46pm On Sep 23, 2023
saintfaculty:
Looking at Eurcad using basic trendlines... i will be looking for a pull back to further short this asset.
As soon as the market opens, I'll delineate my area of interest, which is likely to be centered around the Low of the Month (LOM). This is the area where I intend to initiate a sell order for this asset. Wishing everyone a profitable week ahead! May the pips be in our favor.

If you heeded my suggestion regarding EurCad, you may have observed that the asset's price surpassed our initial projections. At present, the price has moved beyond the Previous Month Low (PML) and is presently displaying a divergence pattern on the 4-hour time frame. Looking ahead, I anticipate the price to decline to 1.42220, at which point we'll be vigilant for signs of a reversal to consider entering a long position targeting a return to the PML.

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 3:52pm On Sep 18, 2023
📊📉 GBP/USD Sentiment Update!

Last week: 58.5% 📈
This week: 20.5% 📉

GBP/USD sentiment takes a dip! 🌊 Remember, this isn't a signal to buy or sell the asset. 🛑 But I'll be keeping an eye out for potential sell setups. Stay informed and trade smart! 💡💰

#GBPUSD #MarketSentiment #SellSetups #Disclaimer #TradeSmart

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 4:14pm On Sep 13, 2023
saintfaculty:
Looking at Eurcad using basic trendlines... i will be looking for a pull back to further short this asset.
As soon as the market opens, I'll delineate my area of interest, which is likely to be centered around the Low of the Month (LOM). This is the area where I intend to initiate a sell order for this asset. Wishing everyone a profitable week ahead! May the pips be in our favor.

Eurcad pushing as anticipated

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 4:18pm On Sep 10, 2023
Looking at Eurcad using basic trendlines... i will be looking for a pull back to further short this asset.
As soon as the market opens, I'll delineate my area of interest, which is likely to be centered around the Low of the Month (LOM). This is the area where I intend to initiate a sell order for this asset. Wishing everyone a profitable week ahead! May the pips be in our favor.

3 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 5:39pm On Sep 07, 2023
Key levels

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 5:32pm On Sep 07, 2023
Petah:
@saintfaculty thanks for the explanation on the PDL and the rest. It has been helpful

No issues… I trade from these levels daily

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 6:21pm On Aug 30, 2023
GU

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 5:42pm On Aug 26, 2023
Petah:
Thank you, I have been paying attention to these levels since last month, my game is changing already.

Certainly, my friend. Persevere with unwavering faith, maintain consistent dedication, and participate daily in the market. However, always retain the understanding that paramount to all is risk management – the ultimate cornerstone of a sound trading strategy.

3 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 4:14pm On Aug 26, 2023
Petah:
@saintfaculty
I look forward to hearing from you sir.
How to you those levels accurately.
HOD
LOD
PWH
PWL
HOW
LOW
thank you sir

Hello there,

Greetings, my friend!

The noted levels play a crucial role within the market dynamics. Many traders, including myself, have observed that these levels hold significant importance as price often reacts by initiating substantial movements—either reversing its course or furthering the prevailing trend.

Referring to PWH, PWL, PDL, PDH, PML, and PMH, these represent the high and low points of past weeks, days, and months. These areas tend to harbor considerable liquidity. Frequently, price gravitates toward these regions, clearing the existing liquidity before making substantial shifts. Consequently, these are the levels that dominate my attention and guide most of my trading decisions.

Similar principles extend to HOW and LOW, even encompassing HOM and LOM. The concept of HOW/LOW was introduced, perhaps by Jeffery Benson, although I can't confirm. Nonetheless, it dawned on me that these levels (HOW/LOW) command substantial respect from price movements.

My trading approach hinges on patiently awaiting price action to reach these critical levels and to demonstrate a reversal structure within these zones before I contemplate executing trades. I am also vigilant for chart and candlestick patterns, and on occasion, Fair Value gaps, order blocks, and ICT concepts. When these patterns align, particularly in proximity to or within those key levels, price tends to react or reverse.

My toolkit further incorporates the utilization of the Fibonacci retracement tool. Let me illustrate:

Considering the attached GBPUSD 15-minute timeframe (TF) image, I exercised patience as I waited for price to retrace to the (0.5-0.618) Fibonacci retracement range. I identified a double top pattern within my specified interest zone. Subsequently, I entered a selling position, with one of my take profits set at the -0.272 Fibonacci extension level. Upon closer inspection, you'll discern that these events unfolded around the HOW, which subsequently led to a pronounced price decline.

In a nutshell, the greater the confluence of factors supporting a trade, the more favorable the outcome tends to be. This encapsulates the essence of my trading strategy, centered around these pivotal levels. I trust this provides an additional layer of insight to complement your existing knowledge. Until then, take care!

4 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:18pm On Aug 25, 2023
Petah:
@saintfaculty
How do you use the
PWL, PWH
HOW
And
LOW
What do yoh look out for as entry signals? Thank you. Just wanna get better and better.

I have talked about this a few time on this thread… but will share what I have on this with you before the day runs out… Enjoy your day
Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:17pm On Aug 25, 2023
Gbpusd done and out

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 2:44pm On Aug 24, 2023
Eurcad did amazingly well today, though I missed the trade…. Took a longer time to drop into my zone of interest.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 5:24pm On Aug 23, 2023
Nwadaka:
This tin wey u dey post everyone fit runnam, Do it "Before" & "After". That's how stars do ✌️
Ok

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 2:35pm On Aug 23, 2023
Eurcad… na me get you today

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:02pm On Aug 23, 2023
Eurcad done

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:02pm On Aug 23, 2023
Gbpusd done

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 6:58pm On Aug 18, 2023
This our business cruel #gbpusd

2 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 10:01am On Aug 16, 2023
SPX PUSHING

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:56am On Aug 13, 2023
This our biz cruel

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 4:10pm On Aug 07, 2023
EmmanuelVi:

If I was to be a trader employing sentimental analysis; whenever I see the crowd going longs, that's when I would be seeking an opportunity to go short...against the crowd.
That's just my approach to the markets though.

Thanks for sharing your perspective! I agree that going against the crowd can be a viable strategy in trading. However, my trading approach involves a combination of factors, including sentiment, key levels, and areas of interest. While this week's bullish sentiment might suggest a long opportunity to some, I focus on my daily marked-up levels that guide my trades.

Connecting this to the weekly sentiment, I seek trades that align with both my daily setups and the overarching weekly sentiment on an asset. Last week's sentiment for GBP/USD was bearish, and trading in line with that sentiment would have led to favorable gains. Here's a screenshot attached, showing last week's sentiment for reference.

It is however worthy of a note that my sentimental strength meter on GBPUSD has a win rate of 65% so far this year. This further underscores the value of combining sentiment with other factors in my trading decisions.

May the pips be with us all.

5 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 7:50am On Aug 07, 2023
🚀📊 GBP/USD Sentiment Update!

Last week: 16.0% 💔
This week: 30.6% 🌟

Market sentiment for GBP/USD is on the rise! 📈 I'll be on the lookout for potential buying opportunities. Stay tuned for more updates. Happy trading! 💰📉

#GBPUSD #MarketSentiment #TradingOpportunities

1 Like

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 9:48am On Aug 06, 2023
SPX HAVE MOREROOM TO DROP DOWN

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:35pm On Aug 02, 2023
Edd1e:


Bro, it's being eons ago, how have you been and how is trading?

Boss, i dey o... i dey push like everyone here. i trust you are good too
Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 12:23pm On Aug 02, 2023
If you find an additional factor of confluence to short Eurgbp, go on...... SL, right shoulder.

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 8:42pm On May 12, 2023
we are still trading in the zone #GBPUSD

3 Likes

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 6:16pm On Apr 25, 2023
GU

Celebrities / Re: Why Cubana Chief Priest & Davido Unfollowed Each Other by saintfaculty(m): 10:06pm On Apr 24, 2023
sad

1 Like 1 Share

Business / Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 1:40pm On Apr 20, 2023
GBPUSD

Religion / Re: What Saved The Thief On The Cross? by saintfaculty(m): 9:36am On Apr 16, 2023
smiley
Jobs/Vacancies / Re: How Much Does NPC Pays Their Adhoc Staff? by saintfaculty(m): 12:59pm On Apr 11, 2023
grin

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