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Daily Trading Ideas

  • #46,501
  • Feb 5, 2020 9:52pm Feb 5, 2020 9:52pm
Quoting akim0895
{quote} at what reason you want to buy there?
Hi Akim

Reason for this trade
1. DXY looks overbought, potential retracement
2. DXY Inverse to gold. So likely push gold up?
3. Price 1550 looks like a key area of support if retest this area of support I am looking to Buy.
  • #46,502
  • Feb 5, 2020 9:52pm Feb 5, 2020 9:52pm
Quoting OTC
Hi ComarFX and Akim, I have placed a Buy Limit order 1550, SL 1547 and TP 1561. Happy to hear your thoughts if any. Reason for this trade 1. DXY looks overbought, potential retracement 2. DXY Inverse to gold. So likely push gold up? 3. Price 1550 looks like a key area of support if retest this area of support I am looking to Buy. {image}
why not wait for market to decide whether will 1550 hold? most probably around FF/london session, see if it holds and if there is akim setup, there is no rush to enter the market mate.
  • #46,503
  • Feb 5, 2020 9:56pm Feb 5, 2020 9:56pm
cash n collect some ...
keep on the range.. dont greeddyy ,, hehe
for coffee morning

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  • #46,504
  • Feb 5, 2020 9:59pm Feb 5, 2020 9:59pm
Quoting Junnn
{quote} why not wait for market to decide whether will 1550 hold? most probably around FF/london session, see if it holds and if there is akim setup, there is no rush to enter the market mate.
Hi Junnn, good point there (order deleted for now) will reenter closer to London session if the setup is valid.


Quoting Junnn
{quote} stay safe everybody.. really grateful to akim for posting his pending trades before it happened, it is not so that i can follow his trades, but so that i can question myself constantly why did he place his pending trades there, what did he see in the market that i dont? please do not follow akim's trades blindly.. take this opportunity and learn why and how he does it. goodluck to all.
I agree with your point on Akim's pending trades. so much to learn PA, CS, SR, Pivots etc etc..
  • #46,505
  • Feb 5, 2020 9:59pm Feb 5, 2020 9:59pm
Quoting OTC
Hi ComarFX and Akim, I have placed a Buy Limit order 1550, SL 1547 and TP 1561. Happy to hear your thoughts if any. Reason for this trade 1. DXY looks overbought, potential retracement 2. DXY Inverse to gold. So likely push gold up? 3. Price 1550 looks like a key area of support if retest this area of support I am looking to Buy. {image}
please ... dont ichy the hand
look my chart ... still BEARISH
  • #46,506
  • Feb 5, 2020 10:05pm Feb 5, 2020 10:05pm
Quoting OTC
{quote} Hi Junnn, good point there (order deleted for now) will reenter closer to London session if the setup is valid. {quote} I agree with your point on Akim's pending trades. so much to learn PA, CS, SR, Pivots etc etc..
stay safe mate, control itchy hands.. i'm still waiting as well, bigger tF is still playing bears as well, so lets see what ff/london/ny brings us. its better to make 1 perfect play after waiting for the whole day than losing money unknowingly.
  • #46,507
  • Feb 5, 2020 10:05pm Feb 5, 2020 10:05pm
Quoting COmar.FX
{quote} please ... dont ichy the hand look my chart ... still BEARISH
hands off (1550 buy limit trade deleted)
  • #46,508
  • Feb 5, 2020 10:09pm Feb 5, 2020 10:09pm
Quoting OTC
{quote} Hi Akim Reason for this trade 1. DXY looks overbought, potential retracement 2. DXY Inverse to gold. So likely push gold up? 3. Price 1550 looks like a key area of support if retest this area of support I am looking to Buy.
fair reasons though
but yes lets see what happens
patience, one of the hardest parts of trading. Plus its ok to not be doing anything, just watching
no need to worry if we miss out because we weren't in a trade, plenty more coming
better to be out of a good trade wishing you were in it than in a bad trade wishing you were out
  • #46,509
  • Feb 5, 2020 10:12pm Feb 5, 2020 10:12pm
Quoting COmar.FX
{quote} GD akim and all..... hi mate I made one more indicator "The Red market in Play" .... for 1 week there was VALID no error ONLY on TF H4 ... still in testing next week ... because it hasn't experienced the market frenzy ... ha ha .. .. "The Red market in Play" has to keep maintaining MY Rule so I can pass the test keep ichy hand on create.... {image} {image}
All the best Comar Fx
  • #46,510
  • Feb 5, 2020 10:30pm Feb 5, 2020 10:30pm
time to harvesting some from my farm..
cash and collects..
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just for a cup of coffee...
  • #46,511
  • Feb 5, 2020 10:35pm Feb 5, 2020 10:35pm
Quoting OTC
{quote} Hi Akim Reason for this trade 1. DXY looks overbought, potential retracement 2. DXY Inverse to gold. So likely push gold up? 3. Price 1550 looks like a key area of support if retest this area of support I am looking to Buy.
GL mate
but look at yesterday play your stop possible need lower
just for a cup of coffee...
  • #46,512
  • Feb 5, 2020 10:36pm Feb 5, 2020 10:36pm
Quoting OTC
{quote} hands off (1550 buy limit trade deleted)
ohh..
cancel?
better wait FF or london then decide
just for a cup of coffee...
  • #46,513
  • Feb 5, 2020 10:38pm Feb 5, 2020 10:38pm
Quoting akim0895
time to harvesting some from my farm.. cash and collects.. {image}
G'day,

Since when you have become a farmer???
Stay green!!!
  • #46,514
  • Feb 5, 2020 10:40pm Feb 5, 2020 10:40pm
Quoting Froggy
{quote} G'day, Since when you have become a farmer???
today..
yesterday CHEF..
just for a cup of coffee...
  • #46,515
  • Feb 5, 2020 10:44pm Feb 5, 2020 10:44pm
Quoting OTC
{quote} Hi Akim Reason for this trade 1. DXY looks overbought, potential retracement 2. DXY Inverse to gold. So likely push gold up? 3. Price 1550 looks like a key area of support if retest this area of support I am looking to Buy.
in forex..
if trend want to change usually they need some kind of news or events to support it..
so for my opinion...
better wait for NFP if want to watch dxy dump and gold fly like you wish..
just for a cup of coffee...
  • #46,516
  • Feb 5, 2020 10:47pm Feb 5, 2020 10:47pm
Quoting akim0895
{quote} in forex.. if trend want to change usually they need some kind of news or events to support it.. so for my opinion... better wait for NFP if want to watch dxy dump and gold fly like you wish..
mate i am thinking these past few days but couldn't get an answer to it, i remember you mentioned a few times that when a news hit, sometimes the effect is already factored in. how do we know if it is already being factored in or not? what do we look out for before the news?
  • #46,517
  • Feb 5, 2020 10:47pm Feb 5, 2020 10:47pm
having a go at sml scalp gj shrt
  • #46,518
  • Feb 5, 2020 10:49pm Feb 5, 2020 10:49pm
Quoting tenpix
having a go at sml scalp gj shrt
light
tight stop
  • #46,519
  • Feb 5, 2020 10:51pm Feb 5, 2020 10:51pm
Quoting Junnn
{quote} mate i am thinking these past few days but couldn't get an answer to it, i remember you mentioned a few times that when a news hit, sometimes the effect is already factored in. how do we know if it is already being factored in or not? what do we look out for before the news?
price in..
usually happen before some big news or events..
a day before or few hour before..
market/price gone crazy without any news in play..
just for a cup of coffee...
  • #46,520
  • Feb 5, 2020 10:53pm Feb 5, 2020 10:53pm
Quoting akim0895
{quote} price in.. usually happen before some big news or events.. a day before or few hour before.. market/price gone crazy without any news in play..
thankyou mate, will take note of it
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