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 Forex Version 20, Foreign Exchange Market Discussion

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mrbigggyyy
post Dec 5 2019, 03:10 AM

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QUOTE(Archemedia @ Dec 5 2019, 02:02 AM)
[attachmentid=10369006]

Breakeven soon...  nod.gif
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All the best man! biggrin.gif
Alan Andrews
post Dec 5 2019, 04:21 AM

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QUOTE(Alan Andrews @ Dec 4 2019, 10:17 PM)
Nice MACD divergence in GBPCAD daily chart.! smile.gif
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Just checked back on GBPCAD and was quite surprised to see that my shorts (ranging from 1.737x-1.739x) have reached their target at 1.7280. I chose this initial TP point targeting the H1 EMA60 but I never expected it to reach this level so quickly.

I was planning to hold on to my shorts for a while and book partial profits as we descend but unfortunately that is no longer an option. I don’t regret it much though. With GBP pairs it’s always better to exit sooner rather than later. 😂 Good night and happy trading..! smile.gif


This post has been edited by Alan Andrews: Dec 5 2019, 04:26 AM
akib_mullen
post Dec 5 2019, 05:46 AM

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QUOTE(Archemedia @ Dec 5 2019, 02:02 AM)
[attachmentid=10369006]

Breakeven soon...  nod.gif
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You can do it! thumbsup.gif
fulltimedad P
post Dec 5 2019, 11:34 AM

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Morning guys, share my setups of the day

Hourly trade
AUDUSD Long - Getting ready
USDJPY Short - Fading Buyer
EURAUD Short - Fading Buyer
EURCHF Long - Fading Seller
GBPCAD Long - Fading Seller
NZDCAD Short - Fading Buyer

4H Trade
EURUSD Short - Getting Ready
USDJPY Long - Fading Seller
CADCHF Short - Fading Buyer
NZDCAD Long - Fading Seller

Some pair contradict movement direction, depends which playout.

Happy trading, keep an open mind smile.gif
fulltimedad P
post Dec 5 2019, 11:44 AM

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QUOTE(mrbigggyyy @ Dec 4 2019, 01:38 PM)
looks decent.. waiting for sellers momentum to die out first
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Instead of GJ, went for GZ cause saw seller fade out but TP lower due to NZD strength as well.
dwRK
post Dec 5 2019, 12:18 PM

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QUOTE(fulltimedad @ Dec 5 2019, 11:34 AM)
Morning guys, share my setups of the day

Hourly trade
AUDUSD Long - Getting ready
USDJPY Short - Fading Buyer
EURAUD Short - Fading Buyer
EURCHF Long - Fading Seller
GBPCAD Long - Fading Seller
NZDCAD Short - Fading Buyer

4H Trade
EURUSD Short - Getting Ready
USDJPY Long - Fading Seller
CADCHF Short - Fading Buyer
NZDCAD Long - Fading Seller

Some pair contradict movement direction, depends which playout.

Happy trading, keep an open mind smile.gif
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wah you trade so many at one go?
fulltimedad P
post Dec 5 2019, 12:33 PM

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QUOTE(dwRK @ Dec 5 2019, 12:18 PM)
wah you trade so many at one go?
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I trade major currencies 28 pairs but never risk trade within same currency, see which playout and scratch that off, sometime that is faker will have alternative for different direction. Grammar abit noob to explain haha.
hft
post Dec 5 2019, 12:40 PM

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QUOTE(fulltimedad @ Dec 5 2019, 12:33 PM)
I trade major currencies 28 pairs but never risk trade within same currency, see which playout and scratch that off, sometime that is faker will have alternative for different direction. Grammar abit noob to explain haha.
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One account or many accounts with many pairs?
mrbigggyyy
post Dec 5 2019, 02:17 PM

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QUOTE(fulltimedad @ Dec 5 2019, 11:44 AM)
Instead of GJ, went for GZ cause saw seller fade out but TP lower due to NZD strength as well.
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waa nice.. which school of thought are you from? are you mostly price action based?
hft
post Dec 5 2019, 06:01 PM

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EU GU start shorting & UC start buying. Good luck to all.
TSdemolationz
post Dec 6 2019, 04:50 AM

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