Alpha Circle Nsukka | Charts, Psychology & Market Discussions

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@asuquokelvin - 1 month ago
Quoted - marvelous_treasure

Okay ❤️

On gold trade right now my first entry @ 4181 and 4186 both triggered and in profit right now, both with same SL of 4201

Just in!!!!

U.S. ALLOWS IRANIAN OIL SALES THROUGH AUGUST 21

The U.S. Treasury issued a 60-day license allowing the production, delivery and sale of Iranian oil, petroleum and petrochemical products.

The license also covers related banking, insurance and transportation services, marking the FIRST MAJOR opening for Iranian oil in the U.S. since 2018.

P
@promisefx - 1 month ago

Did you know that a pair AUDSGD exist before now😂😂

I
@israeljasspu - 1 month ago

Gm you all

M
@mitchei_1 - 1 month ago

This what happens when something is over hyped

Okay what really happened

The IPO Euphoria (June 12)

‎SpaceX completed what became the largest IPO in history on June 12, 2026, raising ~$75 billion at $135/share and debuting at $160.95 on Nasdaq — a 19.2% first-day pop. The hype sent the stock even higher in the days after.

‎The Peak (June 16)

‎SPCX surged to an all-time high of $225.64 on June 16, with its total market capitalization briefly surpassing $2.7 trillion. That's a 67% gain from IPO price in just 4 days — clearly unsustainable.

‎The direct trigger for the plunge was rumors on Wall Street that SpaceX, having just completed a massive IPO fundraising, was urgently preparing to issue its first investment-grade bonds of at least $20 billion. Investors saw this as a red flag — why raise more debt immediately after the biggest IPO ever?

‎SpaceX posted a $4.9B net loss in 2025 and a $4.28B loss in Q1 2026. Once the IPO hype faded, investors began questioning the fundamentals.

‎About $928 billion in market value was wiped out since the June 16 peak, falling from ~$2.99 trillion to around $2 trillion.

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@promisefx - 1 month ago
Quoted - promisefx

This setup is at entry, however AUD is currently weak

Will TP once it 2rr, because there's a daily CISD that could reverse price

M
@mitchei_1 - 1 month ago

JUST IN: 🇰🇷 South Korea's KOSPI stock market crashes 10% today

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@promisefx - 1 month ago

AUDCHF 2.5rr ✅

Fortunately, there's no reds and they're neutrals.

You can also wait for the U.S PMI release before taking major decisions on USD positions.

Goodmorning

Quoted - asuquokelvin

I am not on your WhatsApp group

Ewo. That's serious. So how do I reach you asides this thread?

Quoted - mitchei_1

This what happens when something is over hyped

Okay what really happened

The IPO Euphoria (June 12)

‎SpaceX completed what became the largest IPO in history on June 12, 2026, raising ~$75 billion at $135/share and debuting at $160.95 on Nasdaq — a 19.2% first-day pop. The hype sent the stock even higher in the days after.

‎The Peak (June 16)

‎SPCX surged to an all-time high of $225.64 on June 16, with its total market capitalization briefly surpassing $2.7 trillion. That's a 67% gain from IPO price in just 4 days — clearly unsustainable.

‎The direct trigger for the plunge was rumors on Wall Street that SpaceX, having just completed a massive IPO fundraising, was urgently preparing to issue its first investment-grade bonds of at least $20 billion. Investors saw this as a red flag — why raise more debt immediately after the biggest IPO ever?

‎SpaceX posted a $4.9B net loss in 2025 and a $4.28B loss in Q1 2026. Once the IPO hype faded, investors began questioning the fundamentals.

‎About $928 billion in market value was wiped out since the June 16 peak, falling from ~$2.99 trillion to around $2 trillion.

That's the funny thing about IPOs. Majority of the time, when they become listed, it is only beneficial to those who held in substantial amounts before its listing.

You buying is more like you're gleaning off the remaining wheat on the field with no hope of whether it would increase or you'd lose your money.

In these cases, it is best to buy with the mindset of a lost investment but one that "may" be profitable in the "long run".

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@asuquokelvin - 1 month ago
Quoted - marvelous_treasure

Ewo. That's serious. So how do I reach you asides this thread?

I had a ustech trade yesterday my sell limit was at 30508 for first limit entry and second was 30596 for second limit entry although I wasn't triggered but price went down my way still with the same trade rules I gave you it's simple and understanding

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@asuquokelvin - 1 month ago
Quoted - promisefx

AUDCHF 2.5rr ✅

Your entry looks very precise had the same on ustech but didn't trigger missed with few pips my first entry limit was at 30508 and second entry limit was at 30596 and my SL (invalidation)level was at 30722 which was like 2% of my trading account but price sold down without triggering me in

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