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Forex Trading - Season 14 - Business (215) - Nairaland

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Re: Forex Trading - Season 14 by benpuzzy(m): 10:33am On Dec 16, 2014
@Natruetalk d OPEC President, i assume that you've resumed office for the day, i'm still holding my Oil sell of since yesterday 360pips now, where are we expecting to close the market, pls alert me cos i dnt want to take chances on this Xmas galore.
Re: Forex Trading - Season 14 by Nobody: 10:40am On Dec 16, 2014
EURGBP is a SELL now, 100pips take profit 0.7990
Re: Forex Trading - Season 14 by Nobody: 10:58am On Dec 16, 2014
If you have not sold EU now at 1.2510, for a 100pips SL=1;1
Re: Forex Trading - Season 14 by docus: 11:19am On Dec 16, 2014
docus:
eyeing to long EU, short Uchf on monday. breakout on their wedges

this trade has started doing the needful
Re: Forex Trading - Season 14 by Nobody: 11:29am On Dec 16, 2014
Its like Big traders are following my TRADE CALL ALERT, Immediately i post market starts behave as it ought to.
Check out those call trades today. If you are with us,
Simply bring your stoploss to BREAKEVEN.
Re: Forex Trading - Season 14 by currentprice: 11:57am On Dec 16, 2014
iheanyiebeneze:
Its like Big traders are following my TRADE CALL ALERT, Immediately i post market starts behave as it ought to.
Check out those call trades today. If you are with us,
Simply bring your stoploss to BREAKEVEN.

brother thank you for your help but stop childish on the bolded
Re: Forex Trading - Season 14 by mez(m): 1:01pm On Dec 16, 2014
naijababe:


Yes indeed! 790 pips from DJIA even if the combo of oil and gold took 90 of them angry

Kudos, ma'am.
May the pips ever multiply in our favour!
Re: Forex Trading - Season 14 by Nobody: 1:02pm On Dec 16, 2014
mez:


Kudos, ma'am.
May the pips ever multiply in our favour!

Amin o wink Time to get back to gold buy, I was a day early, mission to 1260 hopefully
Re: Forex Trading - Season 14 by mez(m): 1:13pm On Dec 16, 2014
Faithful Dax.
Keep the vomitus running (yuck!)
Re: Forex Trading - Season 14 by Nobody: 1:16pm On Dec 16, 2014
mez:
Faithful Dax.
Keep the vomitus running (yuck!)

That 5hit and spikes eh! I peeped at it this morning, 150 pips within the hour only to promptly reverse and do another 90 pips next hour shocked
Re: Forex Trading - Season 14 by mez(m): 1:17pm On Dec 16, 2014
naijababe:


Amin o wink Time to get back to gold buy, I was a day early, mission to 1260 hopefully

I've not gotten over the heartbreak yet.
Gold jilted me.
Badly.

I'm not gonna trade it yet.
Re: Forex Trading - Season 14 by mez(m): 1:21pm On Dec 16, 2014
naijababe:


That 5hit and spikes eh! I peeped at it this morning, 150 pips within the hour only to promptly reverse and do another 90 pips next hour shocked

Lol! I've kinda found a way around it.
Aside trading with the trend, I set a counter pending order to catch quick pips with the brief spikes.
Re: Forex Trading - Season 14 by Nobody: 2:21pm On Dec 16, 2014
mez:


I've not gotten over the heartbreak yet.
Gold jilted me.
Badly.

I'm not gonna trade it yet.

Turns out it is about to suck people in. I aint buying anymore
Re: Forex Trading - Season 14 by MikkeyJ: 3:01pm On Dec 16, 2014
UJ makin me proud.
Re: Forex Trading - Season 14 by jamace(m): 3:18pm On Dec 16, 2014
currentprice:


brother thank you for your help but stop childish on the bolded

True, I had wanted to ask whether other traders experience same thing. Whenever I place trade, the market reacts to it by moving against me. Some times I wonder if it is my trade that determines market direction. angry grin grin
Re: Forex Trading - Season 14 by Nobody: 3:22pm On Dec 16, 2014
Bought DJIA again
Re: Forex Trading - Season 14 by 12ema: 3:34pm On Dec 16, 2014
FOR THE NEWBIES. Trading is not that complicated but we make it complicated. Believing you can make millions in a short space of time is a recipe for disaster. Also, the need to try and prove that you know price or you have somehow figured out the market will only put you in a world of hurt. A lot of traders don't just understand that simply following price will make you rich in the long run. A simple strategy of a 50 and 100 simple moving average cross over, using no more that 5 percent of your capital, will make you unbelievable profits if done consistently over a long period of time. Act like you are a slave and price is the master. If it says it's going up you follow it up; if it says it's going down, you follow it down. It it says "you know what? i'm going to range around for one week and not go anywhere, you range with it until it decides to go wherever it want's to go. I have this buddy trader who is in a league of his own. He trend trades. One time he did like 10 trades with multiple contracts and all where losses. Each loss was about $1300. Guess what, eventually he hit a "HOME RUN". (google home run in trend trading to know what it means). The home run covered his losses and then some. One good trend will pay for all your losses. I will leave you with a song by Ed Seykota, one of the greatest trend traders of all time. I hope you understand the message.


https://www.youtube.com/watch?v=LiE1VgWdcQM

1 Like

Re: Forex Trading - Season 14 by natruetalk: 4:04pm On Dec 16, 2014
on d sideline watching which oil game to play 4 today
Re: Forex Trading - Season 14 by natruetalk: 4:06pm On Dec 16, 2014
benpuzzy:
@Natruetalk d OPEC President, i assume that you've resumed office for the day, i'm still holding my Oil sell of since yesterday 360pips now, where are we expecting to close the market, pls alert me cos i dnt want to take chances on this Xmas galore.

i think u should not hav problem on d SELL so far 55.50 not breached 2 the north side
Re: Forex Trading - Season 14 by benpuzzy(m): 4:21pm On Dec 16, 2014
GOLD GOOOOOOOOOOOOOOLD, a close below 1202 will see me selling you again, but if not ............"FX IS SWEET"
Re: Forex Trading - Season 14 by Nobody: 4:24pm On Dec 16, 2014
Today na the day for me to buy 'oyel' again o
Re: Forex Trading - Season 14 by natruetalk: 4:24pm On Dec 16, 2014
oil is flexn muscle on my chart

anyway no trade for me 2day. jan15 contract expired (disable) and my broker yet to release feb 15 for me to trade

my currency traded doing very fine sha. no lele
Re: Forex Trading - Season 14 by seyejohn94: 4:48pm On Dec 16, 2014
gold...just knew d nucca went up to gather momentum...still eyeing 117x area for tp...possibly diz week....

1 Like

Re: Forex Trading - Season 14 by Nobody: 5:20pm On Dec 16, 2014
I love DJIA!!! grin grin grin
Re: Forex Trading - Season 14 by Nobody: 5:25pm On Dec 16, 2014
Oh my, see better vomit everywhere! Oyel, an you biko grin
Re: Forex Trading - Season 14 by benpuzzy(m): 5:39pm On Dec 16, 2014
Sold UsDCAD and bought Oil at market price
Re: Forex Trading - Season 14 by Nobody: 5:47pm On Dec 16, 2014
Exited Dow long! Big resistances in the way now, I may be shorting again in the next hour or so
Re: Forex Trading - Season 14 by Jaidooo(m): 5:52pm On Dec 16, 2014
seyejohn94:
gold...just knew d nucca went up to gather momentum...still eyeing 117x area for tp...possibly diz week....

Im seeing 1163 from this end.
I have am looking to buy again at this level.

I am joining the bulls if price ever gets to this level.
Re: Forex Trading - Season 14 by Nobody: 5:54pm On Dec 16, 2014
benpuzzy:
Sold UsDCAD and bought Oil at market price

Worst place to buy oil in my opinion! Resistances there. Closed my buy, I will back next week after new contract.
Re: Forex Trading - Season 14 by Nobody: 6:07pm On Dec 16, 2014
Jaidooo:


Im seeing 1163 from this end.
I have am looking to buy again at this level.

Una don forget how much of a critical level 1188 is
Re: Forex Trading - Season 14 by seyejohn94: 7:00pm On Dec 16, 2014
naijababe:


Una don forget how much of a critical level 1188 is

dat number gave me a bad feeling when i saw it on my chart....1188...
Re: Forex Trading - Season 14 by Nobody: 7:03pm On Dec 16, 2014
Sold DJIA again, Santa is here early o after 330 pips on the way up. Time to follow it down to perhaps 168xx

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