₦airaland Forum

zonall:
Closed the first trade in some profit, waiting for 1945.6 - 1946.6.

Re-entered a second trade at 1946 as earlier planned and exited at 1940 as the bearish structure in M1 formed at entry is strongly suggestive of a pullback before any further dip. 🥂

zonall:
Sell Limit triggered.

If SL is hit, I will re-enter at 1946.1, new SL - 1948.1, TP remains same.

Good morning traders. 🥂

Closed the first trade in some profit, waiting for 1945.6 - 1946.6.

zonall:
A closer look at the H1 bearish structure, presented an untested imbalance for entry.

SELL LIMIT
E: 1935.7
S: 1937.7
T: 1900.7

RR - 1:17.5

May the blue pips continually be with us. 🥂

Sell Limit triggered.

If SL is hit, I will re-enter at 1946.1, new SL - 1948.1, TP remains same.

Good morning traders. 🥂

zonall:
Gold just started a bearish dump in H1 from 1930.1

Structure for this dump was created on August 22 in H1 timeframe.

I am waiting for a bearish M5 structure and will seek an imbalance to join, probably next week.

Anticipate a haul of at least 400 pips to 1887.6.

A closer look at the H1 bearish structure, presented an untested imbalance for entry.

SELL LIMIT
E: 1935.7
S: 1937.7
T: 1900.7

RR - 1:17.5

May the blue pips continually be with us. 🥂

zonall:
Greetings bro.

I didn't trade yesterday.

I just placed a Buy Limit on Gold.

BUY LIMIT
E: 1900.8
S: 1898.8
T: 1913.8

May the blue pips continually be with us. 🥂

...inactivated.

zonall:
Gold just started a bearish dump in H1 from 1930.1

Structure for this dump was created on August 22 in H1 timeframe.

I am waiting for a bearish M5 structure and will seek an imbalance to join, probably next week.

Anticipate a haul of at least 400 pips to 1887.6.

...perspective for the new week.

Gold just started a bearish dump in H1 from 1930.1

Structure for this dump was created on August 22 in H1 timeframe.

I am waiting for a bearish M5 structure and will seek an imbalance to join, probably next week.

Anticipate a haul of at least 400 pips to 1887.6.

Geovanni412:
Boss, what's happening with kiwi and eurusd today

I can't see any trade to make and we are 1hr away from PPI

How do you see the market going for tdae?

Greetings bro.

I didn't trade yesterday.

I just placed a Buy Limit on Gold.

BUY LIMIT
E: 1900.8
S: 1898.8
T: 1913.8

May the blue pips continually be with us. 🥂

zonall:
Of course, CPI just like NFP and other strategic fundamentals come with a lot of volatility.

Be careful with correlation, it is more of relative than concurrent, though the latter happens some times.

Meanwhile, my sell limit on the Kiwi has been triggered, hopefully it will not smooch my SL before hitting TP.

The dip was not convincing, so I closed after a few pips yesterday and ran like you ...

Good morning bro.

samfelly:
Boss, lemme add some names you go call next time, cos I dey bottomest part of the list

Call (by initials 😁), R, L, D, I, K, E, H, X, G (more), M, F, T, N, C, A, B, more P and some other S (but omit me, cos I go dey learn from all of them). And if e come reach to refer bad example, na ONLY me you go call .

Merci 🙏

...🥂

rhynoemmie:
I share the same bias with you.
For gold- there should be a rally to 1930 before heading to the draw on liquidity present at 1884. But price has ignored that zone so far.

I'm thinking that it might decide to clear out that liquidity first before heading back up.

For the kiwi- PA is moving nicely. Tho I'm looking at selling from 0.6ish.

Other than that, I'll be off the market

...🥂

Geovanni412:
Make I no lie

Fear catch me small as I see the thing dey drop

Cpi no be joke

My initial stop loss was 40 pips away from my entry

Noticed that this period correlation between pairs has been all over the place

Usdchf has been ranging tightly while eurusd has been more volatile and dxy has been doing its own thing.

Smh

Of course, CPI just like NFP and other strategic fundamentals come with a lot of volatility.

Be careful with correlation, it is more of relative than concurrent, though the latter happens some times.

Meanwhile, my sell limit on the Kiwi has been triggered, hopefully it will not smooch my SL before hitting TP.

Geovanni412:
Not a loss.

I was in profit , moved stop loss to like 2 pips away from entry then it hit it and went back upwards.

If I knew, I would have kuku collected the small pips and ran away.

Smh

Oh I see, I thought it was a spread issue since CPI has now been confirmed to dishonour SL.

Geovanni412:
Got stopped out at breakeven

Smh.

it is well bro...we lose some, we win more and it keeps getting better. My sell limit order is at 0.5922 {SL- 0.5932}, still waiting...🥂

Geovanni412:
I think so too...bought eurusd

Waiting to see how cpi plays out

...🥂

Kaybee7000:
Am seeing XAU around 1925 before dropping under 1900



My opinion though

...nice one bro, but there is an imbalance I see above that level on M1 around 1930 sha. 🥂

The xxxUSD pairs especially Gold and the Kiwi may have an initial bullish rally before any dip.

For Gold, I expect a rally to 1930 - 1934, then a dip to 1909 - 1905.

For the Kiwi, I expect a rally to 0.5920 - 0.5926, then a dip to 0.5873 - 0.5867.

@GabsonFX2 @Geovanni412 @peteregwu @karkinase @rhynoemmie @samfelly and others, what say you?

Good afternoon traders. 🥂

zonall:
SL nipped, trade re-entered at previous SL - 0.5891, new SL is 0.5883.

.

Trade closed in minimal profit, the bears appear to have a good grip.

zonall:
TP reviewed to 0.5937 with an anticipated RR of 1:2

SL nipped, trade re-entered at previous SL - 0.5891, new SL is 0.5883.

zonall:
Sell Limit triggered first, trade just closed in 1:3RR of profit.

Untested imbalance around 0.5946-0.5937 created on the 4th of September in M5 is apparently being sought before the dip to at least 0.5868.

BUY LIMIT
E: 0.5906
S: 0.5891
T: 0.5946
RR - 1:2.6

May the blue pips continually be with us.

Good morning traders. 🥂

TP reviewed to 0.5937 with an anticipated RR of 1:2

zonall:
...if the Sell Limit is triggered before the Buy Limit, then the TP of the former will be adjusted to 0.5868 and TP2 becomes invalidated.

...🥂

Sell Limit triggered first, trade just closed in 1:3RR of profit.

Untested imbalance around 0.5946-0.5937 created on the 4th of September in M5 is apparently being sought before the dip to at least 0.5868.

BUY LIMIT
E: 0.5906
S: 0.5891
T: 0.5946
RR - 1:2.6

May the blue pips continually be with us.

Good morning traders. 🥂

zonall:
The Kiwi is still bearish on the daily timeframe.

Just before market close last week, a bullish structure in M5 was confirmed after an already completed, but unmitigated bearish structure in M15.

As usual, an imbalance has been sought and found historically in both M5 and M15.

However, it appears that the anticipated take profit level of the M5 corresponds to the zone of the M15 entry, potentially creating a see-saw trading opportunity.

BUY LIMIT
E: 0.5868
S: 0.5860
T: 0.5934
RR - 1:8

SELL LIMIT
E: 0.5934
S: 0.5942
T: 0.5860 {1}
T: 0.5783 {2}
RR - 1:9 {1}
RR - 1:18 {2}

May the blue pips continually be with us.

Good evening traders. 🥂

...if the Sell Limit is triggered before the Buy Limit, then the TP of the former will be adjusted to 0.5868 and TP2 becomes invalidated.

...🥂

Geovanni412:
More like this:

...always giving evidence.

Cheers bro. 🥂

The Kiwi is still bearish on the daily timeframe.

Just before market close last week, a bullish structure in M5 was confirmed after an already completed, but unmitigated bearish structure in M15.

As usual, an imbalance has been sought and found historically in both M5 and M15.

However, it appears that the anticipated take profit level of the M5 corresponds to the zone of the M15 entry, potentially creating a see-saw trading opportunity.

BUY LIMIT
E: 0.5868
S: 0.5860
T: 0.5934
RR - 1:8

SELL LIMIT
E: 0.5934
S: 0.5942
T: 0.5860 {1}
T: 0.5783 {2}
RR - 1:9 {1}
RR - 1:18 {2}

May the blue pips continually be with us.

Good evening traders. 🥂

zonall:
...scratch that... we are dipping to 0.5882... 🚦

...still dipping in M5 of NZDUSD, though earlier positions have now been closed because a completed bullish structure has formed in M1. As always, an imbalance has been sought and found historically in M1.
At the TP of the following trade call, an optimal entry for the M5 dip will be sought to continue to 0.5882, or even 0.5877.

BUY LIMIT
E: 0.5929
S: 0.5919
T: 0.5969
RR - 1:4

@Geovanni412 and others...any thoughts?

May the blue pips continually be with us.

Good morning traders. 🥂

OfficialP:
I have a lot to say, but without evidence it will make no sense.

By Gods I will be dropping weekly updates as one of the competition equirements


I have also decided to drop updates on the challenge account I was gifted

Last two weeks I was almost through with phase 1 before something happened, but that's part of the scars that's makes a star.

. May September be good to everyone of us.

Happy New month @ all

...nice one bro...🥂

rhynoemmie:
Almost at sl.
It was a good trade
But I'm still bullish on this pair tho.

We move regardless

Greetings bro.

The bullish imbalance appears to be between 0.5882 to 0.5869 in M15, those could be the premium levels for a buy in my opinion.

Again, there is an incomplete bearish structure in M5 that can only complete below 0.5929 and there are no visible levels in M1 or M5 historically till 0.5882.

Take a careful decision, no sentiments...rooting for you bro.

By the way, I am not infallible as I may be wrong. 🥂

zonall:
Mitigation of imbalance in M5 bearish structure of NZDUSD.
SELL LIMIT
E: 0.6003
S: 0.6015
T: 0.5943
RR - 1:5

@rhynoemmie @Geovanni412 and others...any thoughts?

May the blue pips continually be with us. Good evening traders. 🥂

zonall:
...triggered. SL adjusted to 0.6020, TP further adjusted to 0.5932. 🥂

...scratch that... we are dipping to 0.5882... 🚦

Geovanni412:
Are you planning on holding till next week?

News still coming by 3pm so consider that in your stop loss

And you know how Friday volatility tends to thin out by this time.

Lol...if my TP is not reached by 8pm, I will close manually. I am referring to NZDUSD ooh, not EURUSD.

The news at 3pm will likely not change the direction before the TP is reached; by the way, my SL is on guard duty.

I am not infallible and may be wrong. 🥂

zonall:
Mitigation of imbalance in M5 bearish structure of NZDUSD.
SELL LIMIT
E: 0.6003
S: 0.6015
T: 0.5943
RR - 1:5

@rhynoemmie @Geovanni412 and others...any thoughts?

May the blue pips continually be with us. Good evening traders. 🥂

...triggered. SL adjusted to 0.6020, TP further adjusted to 0.5932. 🥂

Geovanni412:
@zonall, I think eurusd may be bullish today and usdchf bearish but things may change closer to NFP time

What do you think?

@kaybee7000, make we ignore NFP ?

Greetings bro.

From the view of NZDUSD, there is an imbalance for the bearish structure in both M5 & M15.

Dependent on NFP, it is either a short sell to a buy side liquidity in M15 {0.5932} and then, to a sell side liquidity in M5 {0.6003} for further dips or a direct short buy to the M5 sell side liquidity for further dips.

Cheers. 🥂

Congratulations to all the winners and best wishes. 🥂