Alpha Circle Nsukka | Charts, Psychology & Market Discussions

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@promisefx - 1 month ago

Observing this GBPCHF trade, if I see good reaction I will take a sell from there

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@mitchei_1 - 1 month ago

JUST IN: 🇺🇸 $1 trillion wiped out from the US stock market today.

So technically these companies in the image and their individual loses sum up the $1T wiped out from US stock market

They're all US based (owned) companies

A
@asuquokelvin - 1 month ago
Quoted - marvelous_treasure

Yes you were saying things about sessions and I was lost

Okay session highs and lows, we have the Asia session, London session and newyork session , they have highs and lows, and these highs and lows can serve as a liquidity level for price to react from so that is why I always mark them, let me show you from the chart, I am using the dxy chart as an example 100.752 was Asia low and 100.988 was Asia high on Monday 22 June , the Asia session I mark from 1am in the night to 8:59am in the morning, then for the london I mark from 9am to 1:59pm London low was at 100.806 and high was at 101.012 the new York session I mark from 2pm to 11:59pm, so now the newyork high was at 101.070 and the low was at 100.807 hope this was helpful

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@genefx - 1 month ago

GOLD UPDATE

GOLD is likely going to be making a significant fall to 3990 or anywhere close on breaking below 4060

GM GM traders

How is it going?

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@asuquokelvin - 1 month ago
Quoted - marvelous_treasure

It does but I feel like for it to stick better, I'd need to do a research

You can refer to this eurusd chart where I marked my Asia session high and lows, and took my entry just at the reaction after a breakout if my Asia low and a break into it again, my entry was at 1.13553 and my invalidation level 1.13378 so if price invalidate me I change and go short

Trading Bias for Today

Bullish: USD/JPY, USD/CHF

Bearish: EUR/USD, GBP/USD

Watch for reversals: Gold (XAU/USD), especially if traders start taking profits on long USD positions.

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@promisefx - 1 month ago

This is BTCUSD on the H4 tf, already moving though but price may revisit entry

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@promisefx - 1 month ago

I have this on ETH too, this trade has high probability of playing out well

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@promisefx - 1 month ago
Quoted - marvelous_treasure

Trading Bias for Today

Bullish: USD/JPY, USD/CHF

Bearish: EUR/USD, GBP/USD

Watch for reversals: Gold (XAU/USD), especially if traders start taking profits on long USD positions.

No doubt, based on DXY chart, USD index seems bullish, hence USDXXX remain bullish and XXXUSD remain bearish anything against is just a retracement

If you're a scalp trader who traded gold today, I hope gold is not doing you something long and dangerous?

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