Forex Trading - Season 13 - Business (138)

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Forex Trading - Season 13 - Business (138) - Nairaland

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Re: Forex Trading - Season 13 by Nobody: 12:53pm On Apr 10, 2013

kcc515:

Naijababe, Pls how? Is it by right-clicking on order and changing it into 'points?'

Yes.

Re: Forex Trading - Season 13 by Nobody: 12:58pm On Apr 10, 2013

Crude sell from last night moved to BE, who knows what FOMC and the inventory data could do to it.

Re: Forex Trading - Season 13 by Prettywoman: 1:08pm On Apr 10, 2013

Ej,are you tempting me or what?

Re: Forex Trading - Season 13 by kcc515(m): 1:10pm On Apr 10, 2013

naijababe:

On MT4, I think so. I did it a while back and cant r'ber. I will have a look and get back to you

Yes babe, on MT4, I've done it like that once but just wanna be sure that is it. thanks.

Re: Forex Trading - Season 13 by kcc515(m): 1:14pm On Apr 10, 2013

naijababe: Crude sell from last night moved to BE, who knows what FOMC and the inventory data could do to it.

Pls, What is BE?

Re: Forex Trading - Season 13 by swiftz(f): 1:19pm On Apr 10, 2013

kcc515:

Pls, What is BE?

Break Even : Moving your stop loss to positive.

Re: Forex Trading - Season 13 by kcc515(m): 1:24pm On Apr 10, 2013

swiftz:

Break Even : Moving your stop loss to positive.

Thanks. That one na good thing o wink

Re: Forex Trading - Season 13 by yomexy2(m): 1:26pm On Apr 10, 2013

kcc515:

Pls, What is BE?

Breakeven which means if the trade decides to go against what you anticipated, it will stop you out without u taking any loss. EU seems to be on its way back to 1.3000

Re: Forex Trading - Season 13 by Nobody: 1:34pm On Apr 10, 2013

dont miss this ej and uj buy, it will be kiss

Re: Forex Trading - Season 13 by FXKing2012(m): 1:38pm On Apr 10, 2013

aguiyi: dont miss this ej and uj buy, it will be

Anybody not betting on yen weakness is not serious about making money in this market.

1 Like

Re: Forex Trading - Season 13 by rozayx5(m): 1:45pm On Apr 10, 2013

rozayx5: EA sell valid
stop loss above the clouds
4hour is bullish, daily and 1hr are bearish on ichi 360 monitor, lets see who wins

breakeven

Re: Forex Trading - Season 13 by hassan123(m): 1:56pm On Apr 10, 2013

http://www.forexfactory.com/news.php?do=news&id=420860

Breaking news on yen. Some investors have been taking profits.

Re: Forex Trading - Season 13 by Nobody: 1:57pm On Apr 10, 2013

rozayx5:

breakeven

this ichi360 is version what pls, i have v3 looking for v8

Re: Forex Trading - Season 13 by rozayx5(m): 2:09pm On Apr 10, 2013

aguiyi:

this ichi360 is version what pls, i have v3 looking for v8

and am using v2

*heads back to the research room* lipsrsealed

Re: Forex Trading - Season 13 by rozayx5(m): 2:11pm On Apr 10, 2013

rozayx5:

breakeven

20 pips

Re: Forex Trading - Season 13 by kenny1984: 2:18pm On Apr 10, 2013

rozayx5:

20 pips

Am still in it.Target is 1.2396

Re: Forex Trading - Season 13 by efe22(m): 2:32pm On Apr 10, 2013

See what moving stop loss has caused to my EJ. Stopped out at 129.50 and continue the right direction. Time to look else where. "It is very common for a level to be retested two or even three times before price finally moves away for good. I would consider it in a situation where I entered with two units and closed one at the next level and held the other trying to make a higher level. only then I would consider it a viable strategy to go to breakeven with the second unit" The truth: breakeven or moving stop is a trade killer.

1 Like

Re: Forex Trading - Season 13 by emflex(m): 2:34pm On Apr 10, 2013

Finally opened with FXNEt.com, no reqoutes but high fixed spreads 2.8 for EU and 3.2 for GU but uses 5 decimal places for price quotation. So 10 pips on InstaForex equals 100pips on FXNet.com

Re: Forex Trading - Season 13 by rozayx5(m): 3:02pm On Apr 10, 2013

aguiyi:

this ichi360 is version what pls, i have v3 looking for v8

found it
started simulation already cool

will attach it shortly with some findings at the research room

Re: Forex Trading - Season 13 by kcc515(m): 3:09pm On Apr 10, 2013

rozayx5:

found it
started simulation already
will attach it shortly with some findings at the research room

I don reach there before you sef, oya come baba rozay grin

Re: Forex Trading - Season 13 by rozayx5(m): 3:26pm On Apr 10, 2013

kcc515:

I don reach there before you sef, oya come baba rozay

it has been attached, findings will be posted 2mao, lets see how we can increase the current 90% accuracy to 95% grin

Re: Forex Trading - Season 13 by endfx1(m): 3:34pm On Apr 10, 2013

Prettywoman: Ej,are you tempting me or what?

hahahaha...no be small temptation

Re: Forex Trading - Season 13 by infofirst(m): 3:39pm On Apr 10, 2013

EUR/USD seems to have lost some momentum after hitting 38.2% retracement of 1.3710 to 1.2746 at 1.3114. But intraday bias remains on the upside for the moment. Sustained break of 1.3114 will target 61.8% retracement at 1.3342 and above. On the downside, break of 1.2968 minor support will turn focus back to 1.2661 key support level instead.

In the bigger picture, current development mixed up the outlook in EUR/USD with major question on whether rebound from 1.2042 has completed at 1.3710. Note that as long as 1.2661 support holds, such rebound could still extend above 1.3710 to 1.4939/5143 resistance holds. However, break of 1.2661 will confirm completion of such rebound. And more importantly, the corrective three wave structure will then indicate that deeper medium term weakness would be seen for a new low below 1.2042. Action Fx.

Re: Forex Trading - Season 13 by endfx1(m): 3:42pm On Apr 10, 2013

rozayx5:

breakeven

Hmmmm.Rozayx5 hope you ain't trailing me oooo?

Re: Forex Trading - Season 13 by rozayx5(m): 3:52pm On Apr 10, 2013

endfx1:

Hmmmm.Rozayx5 hope you ain't trailing me oooo?

am using forex copy grin

Re: Forex Trading - Season 13 by rozayx5(m): 4:00pm On Apr 10, 2013

and i left with 40 pips angry

Re: Forex Trading - Season 13 by endfx1(m): 4:00pm On Apr 10, 2013

rozayx5:

am using forex copy

lol...i thought as much

Re: Forex Trading - Season 13 by FXKing2012(m): 4:08pm On Apr 10, 2013

aguiyi:

bros that one day

Nope. Yen will continue to fall in the short term.

Experience has taught me that the best way to successfully trade the yen is to go fundamental on its a-s-s because the Jap govt retains a very tight control over the currency being a country heavily reliant on exports.

Re: Forex Trading - Season 13 by BTFormular: 5:23pm On Apr 10, 2013

naijababe:

Lol. In case he gets blown away abi?

Judging from prescedents, that pair has done such to many and might still continue that way.

Re: Forex Trading - Season 13 by BTFormular: 5:26pm On Apr 10, 2013

emflex: Finally opened with FXNEt.com, no reqoutes but high fixed spreads 2.8 for EU and 3.2 for GU but uses 5 decimal places for price quotation. So 10 pips on InstaForex equals 100pips on FXNet.com

Lmao. 100pips? you must be sleeping on a bicycle grin

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