₦airaland Forum

GBPJPY went up 50pips. Closed some in profits rest BE, not willing to take a loss on it.
GBPAUD looks good so far.
EURGBP might want to retrace but very good for 8200/8250 targets.

Closiing buy in 100pips.
Selling Gold 1896 Sl 1904 TP 1875.
Good probability trade.

Thanks bro.
AUDCAD gone up 100pips. A good setup to take it up to the top of the channel. Buying 9539 SL 9499 Tp 9640

wiconse:
nice one

Buying GBPJPY 136.08 Sl 135.60 Tp 138.30

Won't usually recommend this for small accounts but this GBPJPY setup has a high probability. Can add another order around entry level and if price goes 10/20pips above or below entry price. I'd have about 5 entries on this setup.

Responded a long time ago.

Hazardd:
I have messaged you

I'm a bit confused as to your concern. Firstly I don't scalp. I think you should get on investopedia and check the difference between scalpers, intraday and swing traders. But there is no way you are good in PA and lose 8 trades in a row. I see you use SL in the 100 - 200pips range atimes, certain traders thrive with such SL but I'm not psychologically mature enough to handle more than 40-70pips for intraday or swing setups before I know I'm wrong even on a Monthly setup.

Maybe we ought to start on what you think scalping is?

Englishisamust:
God bless you sir, I just have a question that baffle me, someone told me I should not scalp that it always leads to blowing of account that if I swing trade, I will have high probability setup with my level of price action. I try swing trading I had 11 losses on a row and 1 win with 8 dollars. And you know the fastest way to build a account is through scalping I'm looking into going into scalping since I can control 11 loses on a row without blowing the account and I'm sure of my price action skills I can make profit scalping. Pls what is your view on this?

1st picture is the current state of my account 5.79 dollars.
1.13 dollars is the only win I had.

About 170pips up on Gold.

Today's candle on Gold isn't supposed to be closing like this if we're meant to get the anticipated fall that we need.
I suspect Asia wants to test the lows, clear the highs and then tumble price of we are still going to be bearish.

Buy limit Gold 1882 SL 1877 TP 1922

saxy4c:
Now closing buy with 170pips again and Selling Gold 1902 SL 1906 Tp 1882.

Use a visa card to fund the skrill or message me.

Hazardd:
so how do you want me to fund the Skrill account

Selling EURUSD 1722 SL 1758 TP 1660.
Buy limit 1660 SL 1640 TP 1780.

There's really nothing you can do about that bro, there would always be one form of economic data or the other that would move price long or short term especially intraday. If you're a swing trader, it shouldn't really bother you but one think you can always control is your risk. So it still boils down to effectively managing your exposure to the markets.

olalol:
Sir, you are doing a great job with your day to day analysis. Keep it up.
Please is there anything one can do to avoid news from disrupting a good analysis?

You can't use skrill funded by Mastercard to pay on any website whatsoever, you can only send funds to another skrill with it.
Withdrawing that $10 skrill back to your account or selling to exchangers is going to give you a value just between N2000/3000 so you'd be at a loss. Send it to me

Hazardd:
Pls I want to fund my binary account during Skrill and this is the message am getting

I trade both the MT4 and MT5 platform. Broker on my signature.
Cheers.

Crixxx:
What broker and trading platform is this?

60pips up on Gold sell now. Expecting to see 188x then 186x.
Closing other intraday day trades in some profits. Apart from Gold sell and EURGBP buy. If you want to take some risk Sell GBP across board especially GBPNZD at 9045 with 40pips till maybe the NFP. GBPCAD gave about 60pips hope we secured some.

One more thing, if Gold can close below 1995 then there really isn't any real bid orders i see up until around 1882/5 area that should retrace price just a bit but i now see 1860 as next down objective. Our first barrier back down is 1898 which break has given some credence to the M15 divergence at 1902. Now waiting on H1 divergence to confirm further down so stops can be secured.
The levels are all on the charts.

I'm walking away.....from.....

saxy4c:
Now closing buy with 170pips again and Selling Gold 1902 SL 1906 Tp 1882.

Now closing buy with 170pips again and Selling Gold 1902 SL 1906 Tp 1882.

saxy4c:
Buying EURCAD 5665, GBPJPY 136.30, GBPCAD 7235 with 30pips SL.

Gold is now a buy 1885 SL 1880 Tp open Closing sell with 120pips again.

Buying EURCAD 5665, GBPJPY 136.30, GBPCAD 7235 with 30pips SL.

Gold is now a buy 1885 SL 1880 Tp open Closing sell with 120pips again.

saxy4c:
Up about 90pips on the sell.
Now interested to see what reactions the highlighted price gives. Whether to re-validate bearish momentum or initiate buys.

Up about 90pips on the sell.
Now interested to see what reactions the highlighted price gives. Whether to re-validate bearish momentum or initiate buys.

Closing Gold buy in 240pips profits and selling with SL at 1902. This second rejection at this level doesn't show bull momentum.

saxy4c:
Looks like USA would do what London couldn't do, looking 1902/1905/1910 and possible 1926/30 before trying for 1810 again. Manage trades appropriately.

Looks like USA would do what London couldn't do, looking 1902/1905/1910 and possible 1926/30 before trying for 1810 again. Manage trades appropriately.

saxy4c:
Buying NZDJPY 69.45 SL 25pips
Buying EURUSD 1730 buy limit 1720 SL 1705 Tp 1790
Buying GBPUSD 2840 SL 2800 tp open
Buying Gold 1887 and 1884 SL 1878 tp 1902

USDCAD achieved buy target. Next plan in blue.

GBPUSD possible bullish wedge. Could add buy here if account can accommodate the risk, as long as price doesn't invalidate the wedge with a close to the downside, then my view is that MM are trying to get a better buy price.
Would look to sell GBP across the board at some point and buy EURGBP but not now.

On NZDPY possible targets based on chart posted yesterday.

saxy4c:
Buying NZDJPY 69.45 SL 25pips
Buying EURUSD 1730 buy limit 1720 SL 1705 Tp 1790
Buying GBPUSD 2840 SL 2900 tp open
Buying Gold 1887 and 1884 SL 1878 tp 1902

Buying NZDJPY 69.45 SL 25pips
Buying EURUSD 1730 buy limit 1720 SL 1705 Tp 1790
Buying GBPUSD 2840 SL 2800 tp open
Buying Gold 1887 and 1884 SL 1878 tp 1902

The initial divergence has already played out, which occured at the formation of the W and a double top and bounced back to the target 1.
But for a more reliable divergence, once price touches the TL for a 3rd time with a higher high and RSI a 3rd time with a lower high, then it's a higher probability setup that could give a first target of point 2.
But note that that divergences are based on the TF it occurs. A 15m divergence, can last for.maybe less than an hour or give 30pips target, a 1H can last maybe till the next 4H candle or the next S/R on that TF etc.

WallStreetfx:
GBPJPy can we call this one a divergence. Trying figure something out

Up 130pips on Gold buy, secure profits.

Gold Sell limit 1902. Break even after 40/50pips. Aiming for 1860 with Sl 1908.

saxy4c:
Finally Gotten some runners off yesterday's calls with no entries today. Market has been ranging lately and it's best to secure some profits early and let trades run. Let's see what other setups present themselves.
Gold most likely heading to 1895 then 1905 which is target from buy at 195X on Sunday. USDJPY is an area that should be very attractive to bears so I'm taking a shot and stalking GBPAUD to sell also.

For Gold, failure to break 1895 we may see swing back down to 1970, but that's what the market would expect everyone to do now. So I'd go counter and buy Gold here 1885/6 SL below 1880 first target 1906/1910 with 1925-28 for further extention.

CADCHF looks good with a 30pips risk.

Buying NZDCAD 8820 SL 8pips tp 40pips
Buying GBPUSD 2860 SL 20pips tp open.

USOIL finally dropped over 200pips on only todays candle. Up about 300pips from entry. Sticking to the plan.

saxy4c:
USOIL XTIUSD is a good sell here at 40.70.
It's a very beautiful spot for a swing trade with low risk of only 30pips SL. I'd send detailed analysis now.

Oil looks temporarily capped around 41.50 and trading back below 40.30 will open all the way down to 39.85 with 38.75-39.20 area for further moves down.
Holding below 40.90 with more importantly 41.20 then the down move should get to 32/34 probably down to 29/30.
If the 30pips SL hits, I'd sell again at the 41.00 price with SL at 41.70. Setup with good potential.

Buying US30 27890 SL 27840 TP 28030.
High probability trade.

NZDUSD buy level activated, 20/30pips sl good. NZDJPY good buy setup here.

saxy4c:
NZDUSD forming a nice buy reaction after forming an M. Would wait for the 4H candle close and look to enter the retest of the TL around 6570/80 with a tight stop.

GBPAUD up 30pips.

Let's see how the levels play out on Gold.1880 supoort still remains key to break 1892 once that goes,1906 then 1926/30.

saxy4c:
As long as Gold holds a close above 1880 level, it's a buy on dips.
Buying GBPAUD 8036 SL 7986 Tp 8120 where i plan to sell for around 7800

As long as Gold holds a close above 1880 level, it's a buy on dips.
Buying GBPAUD 8036 SL 7986 Tp 8120 where i plan to sell for around 7800

NZDUSD forming a nice buy reaction after forming an M. Would wait for the 4H candle close and look to enter the retest of the TL around 6570/80 with a tight stop.

Finally Gotten some runners off yesterday's calls with no entries today. Market has been ranging lately and it's best to secure some profits early and let trades run. Let's see what other setups present themselves.
Gold most likely heading to 1895 then 1905 which is target from buy at 195X on Sunday. USDJPY is an area that should be very attractive to bears so I'm taking a shot and stalking GBPAUD to sell also.

For Gold, failure to break 1895 we may see swing back down to 1970, but that's what the market would expect everyone to do now. So I'd go counter and buy Gold here 1885/6 SL below 1880 first target 1906/1910 with 1925-28 for further extention.

saxy4c:
Buying AUDUSD 7070 SL 7020 TP 7200.
Buy limit if price gets to 7040 SL 7000.

Buying Gold 1883 SL 1879 tp 1900

Buying GBPUSD 2840 SL 2800 tp 2980

Buying AUDUSD 7070 SL 7020 TP 7200.
Buy limit if price gets to 7040 SL 7000.