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[Robinson Izuchukwu]

I’m still holding the buy on USDJPY while I closed some

[Robinson Izuchukwu]

I hold this USDJPY over the weekend

[Belgrade Bobby]

Welcome Tochukwu – feel at home.

[GVI Forex 2]

Let me add something on order block.

Here is a definition

An order block is a price area on a chart where large institutional traders have previously placed significant buy or sell orders. These areas can indicate potential support or resistance levels and can help predict future price movements

In the old days, bank traders were free to pass on order info and in fact we used to get some of it first (or second) hand on our forum.

However, times have changed,

1) The era of the bank spot trader is gone. There are no longer spot traders. There are order fillers who work the electronic platforms to execute customer orders.

2) More important, bank traders are no longer permitted to disclose order information so there is no way to know about customer orders.

Furthermore, just because there were buyers/sellers at some level in the past does not mean they will be looking to buy/sell at the same levels this time as market conditions have changed.

So, as Bobby said, the order block is BS. I saw a prop firm promoting using order blokcs and as we know, prop firms want traders to fail so this should tell you all you need to know about using it.

Now, there is a way to know when a large order is going through the market without knowing the details. I will be explaining how to identify those times in my Common Sense Trading. Feel free to ask.

[Tochukwu Imo]

I am a beginner trader and I want to know more about trading forex

[Tochukwu Imo]

Hi

[Belgrade Bobby]

Robinson – Your USDJPY chart is very good !

Try not to overcomplicate things and as you caught the exact Channel there, stay with it.

One technical explanation : It is a channel , not a Rectangle – Rectangle is  Horizontal  – here you have a nice angle – so Trend Channel

Your GBPCAD chart is more of Jay’s style, and you did it good – just try not to go predicting next move…it never works as planned…always look for a Wave in creation and Patterns ( we’ll go over that a bit later – first get good in this…and you are getting good J

As for your question : Orderblocks and Fear something…no offence mate, but that is a pure BS believe me – each time you hit something like that, ask about it as you just did , and we will give you a straight answer – like it or not J

[Belgrade Bobby]

Hi Kolawole – Welcome.

I’ll try to explain you how this works :

–          To save everyone’s time, members have to learn basics first

–          All that you need to know is either in our Blog or Forex Trading Glossary

–          Just type the word in the search ( on the right top of the screen, just by the Login/register button ) like “moving averages “ and in a few seconds you’ll have everything in front of you

–          Once you get to know what is what, it won’t be a problem to guide you further

–          This is a Free for All Club – place where everyone that wants to learn will find his/her place

–          Here you will have more than one Mentor – Jay and me are directly involved, but there are few more very experienced people with us as well

–          What you can expect is to get a real knowledge from real veterans

–          What you can’t expect is for someone to hold your hand 24/7 – not even if you would be paying a fortune…

–          No need to offer anything – we are here to help for FREE

–          Once you start learning, whenever something is not clear or understood, just post here a question… straight forward..we’ll answer

–          We do expect from you ( and everyone else ) to show us where you stand in trading , what you know or don’t know and to guide us in the direction of your desired knowledge

–          You can also e-mail us with your questions :

–          jay@localhost

–          bobby@localhost

–          We don’t use Whatsup or any other similar application

–          You can see just below your posting , if you scroll it a bit down how we communicate here

–          Every question will be answered – sometimes it might take a bit of time as we are not present 24/7 and sometimes even we need some time to figure out what the question is all about – Like with Robinson’s last question…I am thinking for 2 days what and how to answer it….

[Kolawole]

Pls I need someone assistance
I won’t to learn trading but I don’t no anything about it but if u can help me with d following things
1) a mentor ( someone dat will guide me
2) wat app will I be using as demo
I promise d person dat answered me I’ll give my full cooperation and when I stop demo trading every cashout I make for a month I’ll give him half

Pls 🙏 help me

[GVI Forex 2]

Hi Charlotte

Here are 2 AUDNZD charts and let me know if you see it differently after viewing it as range is well defined at 1.0843-1.1008

AUDNZD 4 HOUR

AUDNZD DAILY

[Charlotte Anambra Nigeria]

AudNzd looking like a bull trend

[Robinson Izuchukwu]

USDJPY has been respecting this rectangle 😦

[Robinson Izuchukwu]

Hello Bobby, please can you teach us how to find valid orderblock and fear value gape, and how to trade them perfectly

[Robinson Izuchukwu]

GBPCAD is Looking bullish as the Daily timeframe candle also closed as hammer

[Belgrade Bobby]

David, this kind of info is sporadic and can be found on sites of Central banks, World Bank and such

However, it is never updated regularly , and as you can see from this photo it dates back to 2019….so not a fresh one J

I will check around and whatever comes to my hands I will post .

[GVI Forex 2]

Check out a real time trade posted in Common Sense Trading and then feel free to ask if you have any questions.

[Belgrade Bobby]

Hi Adegold – Welcome.

Feel free to ask any question you might have, no matter how basic it might sound…

More you ask, more you’ll learn 😀

[Winner Ipokia]

Hi my name is Adegold, I want to learn forex trading

[Belgrade Bobby]

Welcome Kgomotso 😀 We are here to help….go slowly and you’re going to get where you want…

[Kgomotso Serope next to odi district]

am new here I would like to learn forex

[Author]

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