There are two types of cynics, bitter cynics and ungrateful cynics. Both types are disgusting! Far too many cynics on this thread, serious killjoy cynics!!! Damn!!! I'm outta here jare!!!

Edd1e:

weekly and daily timeframes won't give room 4 tight stop loss as most pple trade on a smaller accnts. i bliv studyin d 4hr tf down to d smaller tfs bt nt neglectin d daily and weekly tf entirely can stil mak u a succes in d fx world

The 200 pips is not more than $20 using 0.01 lot size. It can accomodate small accounts. In fx tight stop loss doesn't always pay.Ever heard of trades hitting stoploss and going in your favour? Worst is that some reverse immediately only to get stopped out again.Frustration sets in.
Good luck to you.
As for me I will follow this through.

Last Bullet: It also gives you peace of mind and saves you from frequent glancing or glueing eyes on screen unlike day traders and scalpers.

Technically speaking,USDCAD is approaching OVERSOLD territory. I will enter a Buy at 1.1180 for a 70pips take profit. RRR= 1;1

natruetalk:


just bought oyel @ 82.10 with 100pips sl

fear of missing trade make me enter too early but if the price continuing falling i will jump out when seeing reaction around 81.6x zone

i have not hear from yomex hope he is fine

83.10 you meant and not 82.10 because we haven't seen that today

natruetalk:


just bought oyel @ 82.10 with 100pips sl

fear of missing trade make me enter too early but if the price continuing falling i will jump out when seeing reaction around 81.6x zone

i have not hear from yomex hope he is fine

100pips on paper @ d moment

@babe u dey mind any type of cynics. just let continuing chopping dollar jare

honeric01:


83.10 you meant and not 82.10 because we haven't seen that today

i entered @ 82.10 as shown on my chart

natruetalk:


i entered @ 82.10 as shown on my chart

Today? my pending on 82.60 didn't pick, except you didn't enter today, i am abit confused.

honeric01:


Today? my pending on 82.60 didn't pick, except you didn't enter today, i am abit confused.

i post as i enter trade. today's low was 81.76 @ my side. someone else can confirm dis

may be u still trading old contract Nov14

Kirinwa:


The 200 pips is not more than $20 using 0.01 lot size. It can accomodate small accounts. In fx tight stop loss doesn't always pay.Ever heard of trades hitting stoploss and going in your favour? Worst is that some reverse immediately only to get stopped out again.Frustration sets in.
Good luck to you.
As for me I will follow this through.

Last Bullet: It also gives you peace of mind and saves you from frequent glancing or glueing eyes on screen unlike day traders and scalpers.

yeah, u r absolutely right. bt d questn is; how many of we traders r keen on readin chart patterns, price actions, candle sticks formatns corectly, which ar most needed in higher timeframes; and even sum can't look at d charts a day without d temptatn to take a positn as regards to d weekly tf which u might nt necesarily tak a positn in a wk. i think 4hr tf is best 4 daytraders to avoid d noisy mkts.

tom29reloaded:

Yeah makes seNnse dis is how people should give signal not making worthless noise and posting unecessary chArt

By d way I observed u have changed a lot and for dat u just earned my respect and pls don't change cos of pride. Remain gentle and talk less. Am happy u no longer shout. Continue doing ur best. I just love EU pair let me go now

God bLess us

[size=20pt]Cracking[/size] at the bolded

Keep it up people. Great thread

natruetalk:


i post as i enter trade. today's low was 81.76 @ my side. someone else can confirm dis

may be u still trading old contract Nov14

Holy moly, so we have old and new? i never knew o, the one i am trading didn't see 81.xx today, mind sending me a link to where i can get to read more on oil? i hardly trade oil but got fed up with gold's sluggish movement, wanted something faster.

honeric01:


Holy moly, so we have old and new? i never knew o, the one i am trading didn't see 81.xx today, mind sending me a link to where i can get to read more on oil? i hardly trade oil but got fed up with gold's sluggish movement, wanted something faster.

am surprise if ur broker still allow u trading Nov contract @ dis time. should be automatic disable on ur platform for new contract. i have no link on oil , but i think naijababe post link detailing contract thinz in d past, u can ask her for this. all i do is to start looking out for new contract around 14th - 19th each month cos have paid heavily swap to one of my brokers for keeping a trade overlapn new contract. so i don't joke with trades during that contract period.

natruetalk:


am surprise if ur broker still allow u trading Nov contract @ dis time. should be automatic disable on ur platform for new contract. i have no link on oil , but i think naijababe post link detailing contract thinz in d past, u can ask her for this. all i do is to start looking out for new contract around 14th - 19th each month cos have paid heavily swap to one of my brokers for keeping a trade overlapn new contract. so i don't joke with trades during that contract period.

Bro, what happens when you are still on an old contract and the pair stops moving? for like 4 days now, the trades i have on oil with FBS isn't moving, just stuck there. Is this what happens when a contract expires?

Thanks for the audience.

natruetalk:


100pips on paper @ d moment

@babe u dey mind any type of cynics. just let continuing chopping dollar jare

oil trade stopped me out @ +16pips

honeric01:


Bro, what happens when you are still on an old contract and the pair stops moving? for like 4 days now, the trades i have on oil with FBS isn't moving, just stuck there. Is this what happens when a contract expires?

Thanks for the audience.

i don't have d experience cos d old contract disappeared from my platform

natruetalk:


i don't have d experience cos d old contract disappeared from my platform

Alright, thanks.

@naijababe, abeg what say you thou? i am a novice when it comes to oil.

looking to buy gbpnzd, a buystop at 2.0318, sl below 2.0130. tps, 2.0665, 2.0849.
harmonic traders should watch out for an emerging butterfly pattern 0n h4 chart and also a bat battern on d daily chart.
happy pippping.

honeric01:


Alright, thanks.

@naijababe, abeg what say you thou? i am a novice when it comes to oil.

contract change dates

http://www.fxcm.com/uk/markets/cfds/oil/

naijababe:


contract change dates

http://www.fxcm.com/uk/markets/cfds/oil/

Thanks, but is this why our running trades froze?

I need to chat with my broker.

natruetalk:


oil trade stopped me out @ +16pips

if u have the liver it time to SELL d nucca

just sold oil @ 82.38 with 100pips Sl

watch out for 82.50 to jump out incase

natruetalk:


if u have the liver it time to SELL d nucca

just sold oil @ 82.38 with 100pips Sl

watch out for 82.50 to jump out incase

SL adjusted to BE. to avoid story

let c how 7pm candle will close

honeric01:


Bro, what happens when you are still on an old contract and the pair stops moving? for like 4 days now, the trades i have on oil with FBS isn't moving, just stuck there. Is this what happens when a contract expires?

Thanks for the audience.

Your old trade is knocked out and a fresh position is reopened at The beginning of The contract month based on The same lot size and market position you were in before The contract closure but at The current market price that your brokers contract was renewed! #Experience #

Sunnycliff:


Your old trade is knocked out and a fresh position is reopened at The beginning of The contract month based on The same lot size and market position you were in before The contract closure but at The current market price that your brokers contract was renewed! #Experience #

Thanks for the explanation, but no new positions yet, just showing the current ones... maybe new contract is yet to be out?

natruetalk:


SL adjusted to BE. to avoid story

let c how 7pm candle will close

it 7pm

closed both position with +151pips

Thank God. champion league time

Sunnycliff:


Your old trade is knocked out and a fresh position is reopened at The beginning of The contract month based on The same lot size and market position you were in before The contract closure but at The current market price that your brokers contract was renewed! #Experience #

actually, d open position is closed with sum brokers

My oil trade was closed by my dealers now! with +56pips. Guess is The contract renewal issue

@iheanyiebeneze Eu and Oil delivered as expected
Too early to buy Ej for the 200pips.
those that trade DAX should start loading the SELL gradually or exit their buys gradually.serious SELL off is lurking for about 150pips.from 8941 or 8987 till 8816.
Ecad should prepared for BUY from 1.4260 Sl =100pips and Tp=100pips
Always do you Mm,Tp and SL don't expect to told all the time.

lawson007:
@iheanyiebeneze Eu and Oil delivered as expected
Too early to buy Ej for the 200pips.
those that trade DAX should start loading the SELL gradually or exit their buys gradually.serious SELL off is lurking for about 150pips.from 8941 or 8987 till 8816.
Ecad should prepared for BUY from 1.4260 Sl =100pips and Tp=100pips
Always do you Mm,Tp and SL don't expect to told all the time.

ok

Government deceiving us since independent.

"The Minister of Finance, Dr Ngozi Okonjo–Iweala, has assured Nigerians that the economy is growing positively in spite of the reduction of oil price in the international market."


http://www.vanguardngr.com/2014/10/nigeria-is-not-broke-okonjo-iweala/?utm_source=&utm_medium=facebook

Oil current price pls. My broker is freezing oil on my platform

naijababe:


Mostly trade the best of 4 here..........gold, oil, dax and dow. Sometimes I take a sneak peak at currencies but those 4 remain my first loves

@ thread, bought everything except gold

Tried several, won some, got bit by some. But I'm with you on Dax and Dow. I love their movements. Currently long on Dow.