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Forex Trade Alerts: Season 19 - Business (308) - Nairaland

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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:12pm On Dec 18, 2019
You have an opportunity to.earn while you learn in this industry. Good luck to you my waterside brother. Tobra smiley

solitytv123:
yh thanks, i still have a lot to learn
Re: Forex Trade Alerts: Season 19 by ekesoft(m): 12:16pm On Dec 18, 2019
Please are these spreads okay

Re: Forex Trade Alerts: Season 19 by Nobody: 12:26pm On Dec 18, 2019
saxy4c:
Sure has helped me.
Audusd buying now 0.6854
sl 0.6824
tp fully open


You dey vex oh.. lol
I havent actually done anything on that one. (AUDUSD)
Normally price will make a second attempt to break the support..
Where is fails to break it, thats when I will know it's a buy but if it breaks it, then its a sell for me.
So I am waiting for that scenario to play out.


**Sometime I miss out, enter late or even make a loss on a good trade while waiting for the scenario to play out.
I guess that trading/learning too.
Re: Forex Trade Alerts: Season 19 by Nobody: 12:28pm On Dec 18, 2019
bojbest:



Heads up!!!
The banks could be pushing this pair up.

My entry will be at the break of the trend line.

Stoploss hit.

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:31pm On Dec 18, 2019
PIPnator10:
EURGBP..
Selling this one.
You can see the support as shown with the red arrows.
Price broke through it and it's making a retest around the area you see the blue arrow.
I am hoping price will form a turncoat resistance around the area you see the blue arrow.
Probably this will bring in some good pips if the resistance holds.
Good luck.
we

Mucho gracias Amigo. The charts clear... I have a concern that made me close my egbp sell just before this chart... That 0.848** that yesterday candle close above. It makes me feel the level you sold from is 50:50. I will still wait and see how the day candle close. 0.856*-0.857** am watching to take some sell. Am on sideline.
Re: Forex Trade Alerts: Season 19 by Nobody: 12:34pm On Dec 18, 2019
saxy4c:
Thanks for sharing all these clear and concise points sir, your pictures sure speak more than a thousand words. Would it be too much to ask that you do oyel chart for us? Trying to gather the morale to join @infofirst.


Let's see..
I don't trade oil at the moment but I did market the weekly S/R at the start of the week.
If should trade it today, I will be looking for a buy as long as price doesnt break the support at 60.295.
If that support holds, I think also price will go beyond the resistance at 61.00.

Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:36pm On Dec 18, 2019
Adding to this trade:
Buying EURNZD 1.6935
SL is entry of first trade
TP same 1.7200 of initial trade.

saxy4c:
Finally I'm buying EURNZD 1.6870 sl 1.6820 TP is around 1.7200. This supports my NU sell and also considering the RRR from here with the inverse scenarios on the NZDUSD trade. Have a pipful week ahead. Taking a power nap now.
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:37pm On Dec 18, 2019
bojbest:


Stoploss hit.


That's FXTM stop loss hit right. Because the same trade on Icmarkets is yet to hit stop loss.
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:46pm On Dec 18, 2019
Na una type dey lead sheep go slaughter house come run abi? wink
The setup met all my parameters and my 33pips risk looks sweet for whatever rewards I expect on this. Thanks a whole lot for the caution, but better be a sheep than a pig on the sidelines.I no wan carry last. cheesy

PIPnator10:


You dey vex oh.. lol
I havent actually done anything on that one. (AUDUSD)
Normally price will make a second attempt to break the support..
Where is fails to break it, thats when I will know it's a buy but if it breaks it, then its a sell for me.
So I am waiting for that scenario to play out.


**Sometime I miss out, enter late or even make a loss on a good trade while waiting for the scenario to play out.
I guess that trading/learning too.
Re: Forex Trade Alerts: Season 19 by Nobody: 12:51pm On Dec 18, 2019
infofirst:
we

Mucho gracias Amigo. The charts clear... I have a concern that made me close my egbp sell just before this chart... That 0.848** that yesterday candle close above. It makes me feel the level you sold from is 50:50. I will still wait and see how the day candle close. 0.856*-0.857** am watching to take some sell. Am on sideline.


Here is the actual trade.
Maybe I entered too early. That's probably because I saw that setup yesterday and the moment I woke up to see price stalling around that yellow resistance (my daily resistance) I sold it. However when you look at how yesterdays candle closed very bullish, that may be the signal for a change in trend from sell to buy. So for this trade, the green horizontal line may be my take profit if my stop loss doesnt get hit.

2 Likes

Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:55pm On Dec 18, 2019
USDChf buy limit @ 0.97860
SL : 0.97560
TP : 0.99460

usdcad buying 1.3145
sl 1.31057
Tp open
Re: Forex Trade Alerts: Season 19 by Nobody: 1:04pm On Dec 18, 2019
saxy4c:
Na una type dey lead sheep go slaughter house come run abi? wink
The setup met all my parameters and my 33pips risk looks sweet for whatever rewards I expect on this. Thanks a whole lot for the caution, but better be a sheep than a pig on the sidelines.I no wan carry last. cheesy


Is fear catching you already.. cheesy cheesy grin grin
You go don get used to trades hitting your SL. That one no dey fear me anymore.
You may have a good trade there. When you see the hourly candle, price have attempted the support 2 times already. Also, price is still respecting the trendline.
I am still on the sidelines probably because I have other trades im managing plus the daily still dey do green (bulls) this hours and the next hour red (bears). Better I wait for more confirmations.

1 Like

Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:15pm On Dec 18, 2019
During my off day yesterday, I Closed my EURAUD buy in 150pips profit and took a sell, attaching proof for the kalo.kalo bros them. If you're holding please take whatever profits you still see. We have now taken janglova up and down profits on this mad pair so far. Let's tame these mar-ket-s together in simplicity.

NU hit 18pips SL before the second sell that's running in good profits.
GU has given us 100pips till now.
I've reversed my AUDUSD bias, if the new trade doesn't win @pipnator10, you will pay me back oh!

saxy4c:
EA has given us a sweet 130pips profit, time for me to close my sell and attack a buy with a healthy RR. You guys can see what I see, just look. These are some other trades I'm taking.

EURAUD buy @ 1.61575
SL : 1.61400
TP : 1.63500

GBPUSD Sell @ 1.31805
SL : 1.32115
TP :1.28000

SELL AUDUSD 0.68650
SL : 0.68750
TP : open

SELL NZDUSD with 18 pips Risk @ 0.65720
SL : 0.65900

News ahead. Let the thrill begin.

Re: Forex Trade Alerts: Season 19 by Donvic4u(m): 1:20pm On Dec 18, 2019
PIPnator10:
AUDUSD..
Break or respect the trendline?
I hope it helps someone make a trade decision.
Good luck.

engulfing and pin bar ...can we call dat a rejection?
Re: Forex Trade Alerts: Season 19 by Nobody: 1:27pm On Dec 18, 2019
Donvic4u:


engulfing and pin bar ...can we call dat a rejection?

Bullish engulfing..
Bullish pin par..
Yea, thats rejects.

We have them already on AUDUSD?
Ok if you post charts?
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:27pm On Dec 18, 2019
Note,with the new USDCAD call, I've switched direction on this trade that gave birth to the kalo-kalo traders club of Nigeria cheesy
Took the 40pips it gave me at par with my risk, not bad for 3%.


saxy4c:
USDCAD SELL 1.3170
SL 1.3210
TP 1.3030
Re: Forex Trade Alerts: Season 19 by Nobody: 1:28pm On Dec 18, 2019
saxy4c:
During my off day yesterday, I Closed my EURAUD buy in 150pips profit and took a sell, attaching proof for the kalo.kalo bros them. If you're holding please take whatever profits you still see. We have now taken janglova up and down profits on this mad pair so far. Let's tame these mar-ket-s together in simplicity.

NU hit 18pips SL before the second sell that's running in good profits.
GU has given us 100pips till now.
I've reversed my AUDUSD bias, if the new trade doesn't win @pipnator10, you will pay me back oh!


Egba mi ooo! cheesy cheesy cheesy

Patience bro, you still have a good trade thee.

1 Like

Re: Forex Trade Alerts: Season 19 by Donvic4u(m): 1:30pm On Dec 18, 2019
PIPnator10:


Bullish engulfing..
Bullish pin par..
Yea, thats rejects.

We have them already on AUDUSD?
Ok if you post charts?

may be wrong thoo

Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:35pm On Dec 18, 2019
Ehen! Because all I have been seeing is buy buy buy. @firstinfo you might want to take a look at this. As you summoned our Oga, let's try to squeeze out all we can from him before he goes on another hiatus. In other words you're telling me to take this trade, ok.

Buying OIL 60.60
Sl 60.20
Tp 62.00

PIPnator10:


Let's see..
I don't trade oil at the moment but I did market the weekly S/R at the start of the week.
If should trade it today, I will be looking for a buy as long as price doesnt break the support at 60.295.
If that support holds, I think also price will go beyond the resistance at 61.00.
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:39pm On Dec 18, 2019
So sorry for the late response. Yes, for me I've posted my entry on here. Trade still hanging around the kalo-level [a few pips away from the posted point] but not bad to dive on and join in!

peteregwu:
Good morning guys! Am looking at eurgbp, help my check, is it time to sell? Thanks! @saxy4c and others
Re: Forex Trade Alerts: Season 19 by Fmusty: 1:58pm On Dec 18, 2019
Fmusty:


We share same bias, bullish on NZDUSD and NZDCAD, but best u wait for confirmation on daily, as it appears to be on a pullback. My Opinion.

.

stay close
Re: Forex Trade Alerts: Season 19 by Nobody: 1:58pm On Dec 18, 2019
[quote author=Donvic4u post=85018775][/quote]


Yes bro.. those are rejection.
But note, rejections can be broken too.
thats the reason to wait for multiple rejections on higher time frames 4hrs..1daily..
The more rejection candles on the higher time frames, the stronger the rejections.

**I use charts from 2 sources which the 4hrs/daily closes at different times.
Below is a 4hrs chart different from the one you posted.I have the one you posted too.
You can see the rejection candles as shown with the arrows especially the yellow arrow. Also see the yellow arrow above for same type of rejection candle.
Whenever I see the candle as seen with the yellow arrow around Support/resistance area, I kinda feel we may experience a change in trend.

1 Like

Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:13pm On Dec 18, 2019
My brother these candle patterns at trendline line points is just a game of suwe to me, forming all sorts of continuation and reversal patterns at the same spot, except just like 3 I've always used and their efficacy have been satisfactory to me. The only two patterns I see at trendlines are firstly, if price gets to trendline and quickly bounces then I'm on the right side.
Secondly is purely time, if price struggles around a reversal point for a long period of hours or days, the way it was doing around 6600 for KIWI, then I also feel I've got some correct people trying to gather muscle in my direction as well and I'm confident in my entry.
How many times have you seen a pin bar right after you saw a bullish engulfing.
Price is King.
Donvic4u:


engulfing and pin bar ...can we call dat a rejection?
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:28pm On Dec 18, 2019
GU is now running in 120pips profits almost 6% . I emphasize on certain points because I want us to change our mindset. Some people see forex as a game of loss loss loss. I'm only trying to show you that with a bit of patience, you can make a living thorough trading. Just keep watching cheesy.

saxy4c:

GU has given us 100pips till now.
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:40pm On Dec 18, 2019
If you missed this trade or ran away from it too early like some people I know cheesy, another opportunity to take a chance.


saxy4c:
I'm not sure I get what your enquiry is about but I use between 20 to 80pips on my trades. But I'm mist comfortable with 33pips sl. Really depends on my risk appetite for a particular setup. Let's take this setup together:

USDJPY SELL NOW @ 109.67
SL 110.00
TP 108.40

Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:54pm On Dec 18, 2019
I see gold giving me one more opportunity to load on my buy so I'm taking a final bullet on gold. If these gold trades go south it will pain me small sha.

Buy GOLD 1471
SL 1467.95
TP 1495
And I expect gold to go up then indices are going down down. Already exposed on nasdaq and sp. Going on:

Sell DOWJONES 28280
SL 28350
TP 28080
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:02pm On Dec 18, 2019
Yes I am breaking a major rule by moving stop loss. But with the last candle of USDCAD I dont think i want to risk too much anymore. I'd set my sl to 27 pips only at 3118 and also set a sell stop there with sl 40pips above. Tp open


saxy4c:
USDChf buy limit @ 0.97860
SL : 0.97560
TP : 0.99460

usdcad buying 1.3145
sl 1.31057
Tp open

Re: Forex Trade Alerts: Season 19 by peteregwu(m): 3:29pm On Dec 18, 2019
saxy4c:
So sorry for the late response. Yes, for me I've posted my entry on here. Trade still hanging around the kalo-level [a few pips away from the posted point] but not bad to dive on and join in!


Thanks buddy
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:30pm On Dec 18, 2019
Now see the gold trade I took just before the close of the last candle. Can you see how those 3 candles before my entry candle and even the entry candle were aggressive sells?
Anyone would've been scared to take a buy trade at that level but would be rather comfortable riding the strong candles down. That's psychology .
But I knew in advance that 1471/2 is a strong barrier because @infofirst mentioned and price reacts all the time there although I can't see anything at that point till now. Also Dollar index was dropping just when price got to support, same time? MMs we dey see as you oh cheesy
See? The courageous buy against the initial graggra of the 3 candles before has come out with about 30pips in less than 30mins. I'm not saying ignore candle patterns bro, just don't solely rely on them.

saxy4c:
I see gold giving me one more opportunity to load on my buy so I'm taking a final bullet on gold. If these gold trades go south it will pain me small sha.
Buy GOLD 1471 SL 1467.95 TP 1495

Donvic4u:


engulfing and pin bar ...can we call dat a rejection?

Re: Forex Trade Alerts: Season 19 by Fxwarrior: 3:41pm On Dec 18, 2019
Fxwarrior:


This is December, festive period. Vacation period.

Nevertheless gold might fall.

Sellstop at 1470
Target 1460

Its happening. Christmas money about to be delivered.
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 4:17pm On Dec 18, 2019
Interesting, so what news is this trade based off on?

Fxwarrior:


This is December, festive period. Vacation period.

Nevertheless gold might fall.

Sellstop at 1470
Target 1460
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 4:27pm On Dec 18, 2019
GU has hit sl of 40pips
AU still around entry and moving GJ sl by 5pips to 142.95 for small breathing room.

saxy4c:
Sure has helped me.
Audusd buying now 0.6854 sl 0.6821 tp fully open
Also
Buying GBPUSD 1.3110 SL 1.3070 TP 1.3170
Buying GBPJPY 143.45 SL 143 TP 144

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