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Forex Trading - Season 13 - Business (334) - Nairaland

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Re: Forex Trading - Season 13 by infofirst(m): 10:54pm On Jun 09, 2013
kcc515: Errr... guys, If you have a trade on over the weekend and market opens with a gap way lower than your stop loss, will your stop loss take at market open, what's the dynamic... just saw a ((((120pips)))) gap on GbpAud

Yes at market open n same for tp.Dats y over weekend positions require second taut
Re: Forex Trading - Season 13 by sojmann(m): 11:00pm On Jun 09, 2013
rozayx5:

yeah i adjust bewtween timeframes based on the market behavior,
during ranges i go higher during trends i pick good entries from 15 min
for those who mailed me.
check the r/ room for the daily pips

Does the order of the clouds matter?i.e. the 15min cloud above the 5min cloud for a sell.....
Re: Forex Trading - Season 13 by nolly042(m): 4:56am On Jun 10, 2013
rozayx5: GU covering the gap
am waiting for a sell signal from this one. how was d weekend
Re: Forex Trading - Season 13 by rozayx5(m): 5:42am On Jun 10, 2013
nolly042:
am waiting for a sell signal from this one. how was d weekend

sure
a clean breakout shud do the magic
though the sell has been confirmed on 15 min ( 4hr still bullish)
EU sell in view too
EJ buy valid on 1hr

Re: Forex Trading - Season 13 by rozayx5(m): 5:45am On Jun 10, 2013
hmmmm lipsrsealed lipsrsealed
while running a search for an ichy indicator, stumbled on this

Re: Forex Trading - Season 13 by endfx1(m): 6:37am On Jun 10, 2013
saudatu:
where is boss Endfx?

My brother i dey oooo...

@ALL happy new week and may the pips be with you. grin grin
Re: Forex Trading - Season 13 by endfx1(m): 6:41am On Jun 10, 2013
Valid bullish pin bar PA setup on USDJPY...i will be looking to trigger this trade around 98.33 with target at around 100.9xx

No time to post chart please trade cautiously
Re: Forex Trading - Season 13 by Parisfran(f): 7:00am On Jun 10, 2013
Good morning everybody. Over the weekend, I was doing a little research and I found out that Pivot lines any of the 4 methods (floor, woodie, camarilla etc) acted as better supprot and resistance than Fib Lines. Infact Fib lines only held properly when it was in the same position a pivot line. Please the question is, am I correct in my deduction and if I am, if Fib lines are such useless Support and Resistance, why are dey respected so much?
Re: Forex Trading - Season 13 by Nobody: 7:04am On Jun 10, 2013
rozayx5: mehn the XE spreads, 5 pips on GU, 7 pips on EJ, heard its variable, if not nah to pack finally go FXCM be that oh grin grin grin
Spread on EJ is 3pips. The only time I've seen it above 3pips is at market open and during NFP.
Re: Forex Trading - Season 13 by JAkpayen(m): 7:21am On Jun 10, 2013
rozayx5: hmmmm lipsrsealed lipsrsealed
while running a search for an ichy indicator, stumbled on this
How do you fund your web money account?
Re: Forex Trading - Season 13 by Prettywoman: 8:05am On Jun 10, 2013
Free at last,na waoh for this prison
Re: Forex Trading - Season 13 by NonFarmPayrol: 8:26am On Jun 10, 2013
@jakpayen i avoid such questions, tried answering it and got banned again grin
answered the last one and got banned
check standard gold ng
Re: Forex Trading - Season 13 by fxbomovi: 8:27am On Jun 10, 2013
Paris-fran:
Good morning everybody. Over the weekend, I was doing a little research and I found out that Pivot lines any of the 4 methods (floor, woodie, camarilla etc) acted as better supprot and resistance than Fib Lines. Infact Fib lines only held properly when it was in the same position a pivot line. Please the question is, am I correct in my deduction and if I am, if Fib lines are such useless Support and Resistance, why are dey respected so much?
Fibo is powerful and fairly accurate if drawn well. I do nt use it because its subjectiue.
Re: Forex Trading - Season 13 by Parisfran(f): 8:45am On Jun 10, 2013
fxbomovi: Fibo is powerful and fairly accurate if drawn well. I do nt use it because its subjectiue.
Thanks
Re: Forex Trading - Season 13 by Prettywoman: 9:03am On Jun 10, 2013
I got banned also for helping out...
Non Farm Payrol: @jakpayen i avoid such questions, tried answering it and got banned again grin
answered the last one and got banned
check standard gold ng
Re: Forex Trading - Season 13 by Nobody: 9:07am On Jun 10, 2013
Prettywoman: I got banned also for helping out...

rozay and non farm banned angry angry
my last moniker

well the info i was trying to post is in the pic below

Re: Forex Trading - Season 13 by fxbomovi: 9:11am On Jun 10, 2013
Having a mindset that fx is a game of uncertainty and probability is the cure to 'over risking'.
Re: Forex Trading - Season 13 by frenchman2: 9:38am On Jun 10, 2013
bonjour,
just went short on gbp/nzd at .9725 tp .9653
sorry no chart for illustration.
Did a little tweaking of my system recently and this is my first live trade from it.
Let's see how it plays out.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.
Re: Forex Trading - Season 13 by Nobody: 9:40am On Jun 10, 2013
rozayx5:

sure
a clean breakout shud do the magic
though the sell has been confirmed on 15 min ( 4hr still bullish)
EU sell in view too
EJ buy valid on 1hr

just closed 70 pips
reason = daily resistance cool

Re: Forex Trading - Season 13 by kasonud(m): 9:46am On Jun 10, 2013
[quote
author=rozayx5]mehn the XE spreads, 5 pips on GU, 7 pips on EJ, heard
its variable, if not nah to pack finally go FXCM be that oh grin grin
grin[/quote] i told u guys ealier that their is to high.reason i dnt wanna trade live with them.considering Fxopen bt taking my time sha.
Re: Forex Trading - Season 13 by frenchman2: 9:47am On Jun 10, 2013
more alerts from my system
eur/nzd sold at .6789 tp .6568
cad/jpy bought 96.500 tp 97.400
gbp/cad sold at .5830 tp .5740
let's see how they play out.

I'm afraid no charts for details

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.
Re: Forex Trading - Season 13 by SIGAJ(m): 9:58am On Jun 10, 2013
loool!

Re: Forex Trading - Season 13 by drpips1(m): 9:59am On Jun 10, 2013
Paris-fran:
Good morning everybody. Over the weekend, I was doing
a little research and I found out that Pivot lines any of the 4 methods
(floor, woodie, camarilla etc) acted as better supprot and resistance
than Fib Lines. Infact Fib lines only held properly when it was in the
same position a pivot line. Please the question is, am I correct in my
deduction and if I am, if Fib lines are such useless Support and
Resistance, why are dey respected so much?

miss paris, i think i know what u saying, fibs are somehow acurate
Re: Forex Trading - Season 13 by Parisfran(f): 10:05am On Jun 10, 2013
Thanks. Just to be sure, u meant that 68percent and the 23percent lines, are good entry points especially for currencies that are volatile. Hope I got it.
Re: Forex Trading - Season 13 by drpips1(m): 10:18am On Jun 10, 2013
Paris-fran:
Thanks. Just to be sure, u meant that 68percent and the 23percent lines, are good entry points especially for currencies that are volatile. Hope I got it.

Yeah if you draw the fibs lines accurately towards the trend,retracement is always in the ABC direction,u getting in with a limit order at point B or 68%, or with a stop order at point C or 23%,, you can still try to do more research for your personal clarification smiley

1 Like

Re: Forex Trading - Season 13 by nolly042(m): 10:21am On Jun 10, 2013
maybach-music:


just closed 70 pips
reason = daily resistance cool
my two open positions have there tp at that level. will watch for a test of that level. oil is actually paying off today
Re: Forex Trading - Season 13 by Nobody: 10:44am On Jun 10, 2013
nolly042:
my two open positions have there tp at that level. will watch for a test of that level. oil is actually paying off today

good
Re: Forex Trading - Season 13 by Nobody: 11:04am On Jun 10, 2013
morning folks

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