₦airaland Forum

Hi everyone in the house....please I have a question for all PRICE ACTION traders or traders who understand how certain pairs move. Does d pattern of movement of a pair change with time afta one has bin used to d pairs moving in a particular manner?
For example someone once said to me that if I understand how oil moves and certain formations dat signal a change in trend den I will b successful trading oil. So for how long do these moves n formation or patterns last? Do de remain same or they change due to changes in the approach of pple to d markets? Sorry abt d long msg I wud really appreciate responses from price action traders. Thanks.

Take profit hit 100 pips

shorty002:
Just sold euraud

Just sold euraud

EURNZD, EURAUD, GBPNZD and GBPAUD tho it just takes dem 1 second for their head to touch n boom!!!. Nice falls if ur not selling those pairs ur on looooooong tin

Ok tanx 4 d explanation. Will try n train my eyes more cos ur price action seems so easy n yet so difficult....lol. tanx nwy

currentprice:
brother i see you after me all these time,,, don't stress your self too much ,,, i am trading pure price action.... good Mftivi able to see something from my last trade. for example look at the same GBP.AUD now check 15m , 30m and 1h it look like something HS about to form plus the high of today yet to be broken since morning... taking short from here would probably yield something by putting your risk some few pips above today's high

Yeah thankx. I dunno but I still feel those things take gifted eyes or maybe very excessive screen time to see....lol

Mftivi:
watch his entries you would see repeating candle stick patterns.

Pls when you say nothing matters except the price is it the candlestick formation u watch or the way it moves or wether it will break thru certain support/resistance or highs/low? Thanks

currentprice:
nothing matters except the price

Tell him oh

naijababee:
ask yourself first. you are in best position to answer such question.

U try good job

Kirinwa:
EurNzd buystop @ 1.6100
StoplossStoploss @ 1.6000
Target @ 1.6400

EurAud buystop @ 1.5050
Stop loss @ 1.4950
Target @ 1.5350

GbpAud buystop @ 2.0500
Stop loss @ 2.0400
Target @ 2.0800

GbpNzd buystop @ 2.2000
Stoploss @ 2.1900
Target @ 2.2400

Happy new year everyone. Our way maker shall show us easier ways to get the pips dis year... God bless Y'all

currentprice:
manually close to stand out with 255pips positive

4pm price candle may change the move today (pullback) for the continuation tomorrow. anyhow anyhow watch your price candle action

Is that all we have to watch?? Like dats all u only truly watch Hmmmmm

Lemmi attempt to help him ansa....
1) because no much whipsaw
2) because he understands it's movement
3) because when it moves he can get reasonable amount pips from it

Owliver:
be like you love this gbpaud pair well well oh. any reason why?

What's ur trading strategy, I expect a at me dow but am jus still asking if miracle will allow u ansa me...lol lol

currentprice:
one of my trading plan "close when target is met even if you see it moving beyond your target"

manually close my GBP.NZD

Hi

No I haven't. Am not close to my laptop till abt 1 week from now. By den il start placing trades.

Capitals:
I assume you haven't made any trade calls yet. I ll prefer you open a small demo acnt, say 500 and determine what your max risk per trade would be if you were trading such an account.

The reason i will like to see a few of your trade calls is so I can get a feel of your trigger, they don't have to be right. They just reflect your mindset as it relates to the market and that's important going forward.

brainbucks:
I would have thought he at least had a clue after 8 years' worth of failed attempts. In any case, you're probably kwarrect. No vex... enjoy!

Well, maybe wen you see him on judgement day, den u can find out exactly how long it took him. Sorry I don't have dat info...cheers man

No am not looking 4 d quick way oh...lol I dint say that. I will take ur advice n work on. Thanks alot. Am looking forward to learning more from you. God bless

Capitals:
You understand it will take may take a LOT of time right, more so I more a swing/long term trader, which means more and more time, so if you are looking for quick fixes then . . . .

Thanks all 4 ur comments, but am actually Mrs n not Mr . God bless.
@ brainbucks incase u hav forgotten, delay is not denial.....it took the most prominent inventor of our time Thomas Edison more dan a few blunders and 1000 failed attempts inventing the lightbulb.

Ok no problem thanks.

Capitals:
I think I understand, though it wasn't quite what I was expectng, thought you already had a strategy you were implementing. In any case did you try RBD, DBR with your indicators? I ld be lying if I said I knew how exactly to turn it around in your favour, but we could journey through anyway. If you have a demo account you could place a few trade calls and be willing to state WHY you are making these buy/sell decisions, how you guage if you are wrong, your targets and so on. . , and perhaps I could give my trade calls as well and see if we can learn anything.

Thanks alot for your response. Well i dunno mayb sum people arent just meant for forex...lol. started trading since abt 8 years ago but gave up live trading 4 years ago when it just wasnt working out. I have been on n off demo but decided to give a try again. I dont hav a specific strategy, tried using indicators woth moving averages but de always lag. So i recently started studying more abt supply n demand but u hear RBD and DBR, d example charts de give makes it look so easy only for one to go to real chart n it looks more confusing than d online lessons. U say its simple, mayb u r just blessed to see what sum odas cant on d chart . I wish I cud about a gud trader sha but wonder weda dats not my calling...lol. please teach me now, I promise to b a fast learner. Can I have ur number? Where do u stay. tthanks.

Capitals:
Why not give me a hint of what you are doing and why you feel its not working lets see if we can share ideas as to how it can be optimized. you really cant trade exactly like someone else, but can optimize whatever you re doing for profits. Hope this makes sense

Hi, thanks 4 ur response. But I always hear pple say supply and demand is much more dan rally Base drop n drop base rally. Is dere ny oda tin u look for apart from dese n if no, how do u pick ur Base I mean what do u look out for in considering a base to b valid? Thanks

Capitals:
I look out for certain patterns, rally - base - drop is a typical supply level for me, opposite for demand levels. Books/materials? I guess you are referring to some that may have helped me in my journey, yeah I got some but just technical analysis book. but honestly I only learn from them based on the specific areas I was trying to master per time. I can't take the all the authors say cos there is always a context an it gets confusing out of context. Its hard trying to put it in writing.

I don't understand the bolded. Hope it makes small sense

Thanks for ur response. But what r d tins u look out for to pick these levels? Is dere any book/material u can give me to read? Is dere ny mathematical calculation involved in d levels? Cos attimes I notice d level u pick is quote far from ny historic data. Sorry 4 d many questions. Thanks.

Capitals:
OK, sorry I didn't quite get you the first time, thought you were indirectly referring to my mistake.
It s really hard to explain in one post, but I basically source for supply/Demand levels (support n Resistance) That I expect particular responses like buy or sell responses and trade off ONLY those levels.

OK. pls can u explain how u pick your trades I mean explain your trading strategy? Thanks in advice :-)

Capitals:
LOLs, its actually a EURAUD buy jo. That was a mistake

Hello, please what's your trading strategy? :-)

Capitals:
EURAUD sell, 1st tp in view. may yet wait some more days for harvest though

Ok oh I dun calm down mama.dow I still stand dat no one on dis thread calls turns like d oga. I wish he can teach me how he draws d lines sha

naijababe:
Y'all need to calm down o. Those lines are just normal support and resistance lines. A lot of times, we agree on the levels he posts, I just don't get the opportunity to post charts because I rarely use my MT4 platform. There is no occult ish going on here.

Kai!!! Nigerians sha!!!

Hmmmmmmm.....u took dese words outta my mouth.in all honesty I always wondered this as well.and one thing I noticed is if u ask how he get his lines he will neva explain the way naijababe n odas come out strait, he will only say he draws them himself.nwy I only jus decided to say sumtin cos u asked a ques I too always wondered as av herd of pple in dat category ...lol

lola234:
Hello Mr. Natruetalk, I've been one of your strong follower here and I'm really wow by your analysis.

Your Support/Resistance price(horizontal line) are those number related to any occultic figures.

Hmmm.....wen pips use deir oda Id to respond.....am just passing by ohh

Kk...thamx

Jaidooo: I do only 4hr and Daily. Sometimes I go to the weekly charts. And yes, with fibo.

Thankx alot for ur response. What time frame is best for these patterns and do u combine it with fibonacci? Thankx again

Jaidooo: ✋ Over here sir. Harmonics price patterns works very well for me. You'll see them on your chart.. Zoom your chart. You'll see swings to connect.