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Forex Trading - Season 14 - Business (217) - Nairaland

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Re: Forex Trading - Season 14 by natruetalk: 4:30pm On Dec 17, 2014
natruetalk:


seriously eyeing to risk my 30 pips for another trade.

for SELL again if today's high remain intact

done. hope i no fall maga lipsrsealed
Re: Forex Trading - Season 14 by natruetalk: 4:37pm On Dec 17, 2014
natruetalk:


done. hope i no fall maga lipsrsealed


watching to jump out if cycle levels cleared

Re: Forex Trading - Season 14 by Nobody: 4:43pm On Dec 17, 2014
Still holding that buy at my end wink
Re: Forex Trading - Season 14 by natruetalk: 4:46pm On Dec 17, 2014
natruetalk:



watching to jump out if cycle levels cleared

closed the trade -33 pips

i will stand aside and watch to c next move to take
Re: Forex Trading - Season 14 by benpuzzy(m): 5:04pm On Dec 17, 2014
Bought Oil and Sold Gold at the Market Price
Re: Forex Trading - Season 14 by Nobody: 5:06pm On Dec 17, 2014
benpuzzy:
Bought Oil and Sold Gold at the Market Price

dangerous move on gold. Should have waited until after the Fed's news
Re: Forex Trading - Season 14 by benpuzzy(m): 5:16pm On Dec 17, 2014
naijababe:


dangerous move on gold. Should have waited until after the Fed's news

Ma'am, please when is it coming out cos i am in the dark here?
Re: Forex Trading - Season 14 by Nobody: 5:22pm On Dec 17, 2014
benpuzzy:


Ma'am, please when is it coming out cos i am in the dark here?

8.30 pm naija time
Re: Forex Trading - Season 14 by benpuzzy(m): 5:34pm On Dec 17, 2014
naijababe:


8.30 pm naija time

Thanks.
Re: Forex Trading - Season 14 by natruetalk: 5:36pm On Dec 17, 2014
natruetalk:


closed the trade -33 pips

i will stand aside and watch to c next move to take

on d sideline waiting for any opportunity to enter oil. if none na to close my Shop

don't want to catch a falling knife
Re: Forex Trading - Season 14 by Nobody: 5:36pm On Dec 17, 2014
Oil trade at BE +100, will leave to run now
Re: Forex Trading - Season 14 by Nobody: 5:57pm On Dec 17, 2014
Oil oooooooooooooooo!!!!!!!!!!!!!!!!! Yeepa!!!! grin grin grin grin grin grin

1 Like

Re: Forex Trading - Season 14 by natruetalk: 6:00pm On Dec 17, 2014
natruetalk:

on d sideline waiting for any opportunity to enter oil. if none na to close my Shop
don't want to catch a falling knife

Lol...

got on d ride on d break of d cycle

+150pips in a minute be4 putting my sl

Re: Forex Trading - Season 14 by natruetalk: 6:02pm On Dec 17, 2014
natruetalk:


Lol...

got on d ride on d break of d cycle

+150pips in a minute be4 putting my sl

the trade closed +162 pips

chai! inventry day "tricky day"
Re: Forex Trading - Season 14 by Nobody: 6:05pm On Dec 17, 2014
natruetalk:


the trade closed +162 pips

chai! inventry day "tricky day"

The news was quite positive for oil, negative balance for a long time o
Re: Forex Trading - Season 14 by benpuzzy(m): 6:14pm On Dec 17, 2014
benpuzzy:
Bought Oil and Sold Gold at the Market Price

SL Adjusted to +100pips on two positions, additional position loading......

Equity is the secret behind the successful trading of Oil.............."FX IS SWEET"
Re: Forex Trading - Season 14 by natruetalk: 6:47pm On Dec 17, 2014
naijababe:


The news was quite positive for oil, negative balance for a long time o

yes d news reli good for oil, let c hw it goes from here..

i closed my trade cos i didn't expect such spike when i entered d trade. so good 4 me to close with dt pips "3 minute trade" to look around whatz happening

2morrow is another day 4 d oil @ my side but still waiting to watch d effect of FOMC on currency
Re: Forex Trading - Season 14 by Nobody: 7:52pm On Dec 17, 2014
natruetalk:


yes d news reli good for oil, let c hw it goes from here..

i closed my trade cos i didn't expect such spike when i entered d trade. so good 4 me to close with dt pips "3 minute trade" to look around whatz happening

2morrow is another day 4 d oil @ my side but still waiting to watch d effect of FOMC on currency

Same here on FOMC but more like effect on gold and DJIA. I think gold will head up and DJIA dwon but I am on the sidelines for now
Re: Forex Trading - Season 14 by Kirinwa: 8:43pm On Dec 17, 2014
benpuzzy:


Can it work?

Has it worked yet? cheesy
Re: Forex Trading - Season 14 by natruetalk: 8:54pm On Dec 17, 2014
Lol..... see oyel again grin grin grin

i love oyel "if she bring opportunity and u don't grab it then she will bit u"

Thank for the gift today Mr oil

Re: Forex Trading - Season 14 by Nobody: 9:10pm On Dec 17, 2014
natruetalk:
Lol..... see oyel again grin grin grin

i love oyel "if she bring opportunity and u don't grab it then she will bit u"

Thank for the gift today Mr oil



Walahi, I cannot tell how happy I am that I locked in 280 before it finally did its thing o
Re: Forex Trading - Season 14 by benpuzzy(m): 9:35pm On Dec 17, 2014
natruetalk:
Lol..... see oyel again grin grin grin

i love oyel "if she bring opportunity and u don't grab it then she will bit u"

Thank for the gift today Mr oil



I no go take last, i exited mine two position the time you exited yours cos i dont want your magic to take me unaware.
Re: Forex Trading - Season 14 by Cul4real(m): 6:18am On Dec 18, 2014
Pls is there going to be forex trading holiday on next week thursday for Xmas?
Re: Forex Trading - Season 14 by willscolf: 8:09am On Dec 18, 2014
natruetalk:


due to d present problem facing oil most brokers have change their trade able lots size for oil and some others CFD

Lol.. na big capital can trade oil now
hmmmm,dat means oil nd oda CFD r nw 4 dose wit fat accnt only
Re: Forex Trading - Season 14 by benpuzzy(m): 8:50am On Dec 18, 2014
natruetalk:
Lol..... see oyel again grin grin grin

i love oyel "if she bring opportunity and u don't grab it then she will bit u"

Thank for the gift today Mr oil



quote author=naijababe post=28973767]

Walahi, I cannot tell how happy I am that I locked in 280 before it finally did its thing o[/quote]

My Ogas, which way today, abi nah sideline level for Oil?
Re: Forex Trading - Season 14 by Nobody: 9:19am On Dec 18, 2014
benpuzzy:


quote author=naijababe post=28973767]

Walahi, I cannot tell how happy I am that I locked in 280 before it finally did its thing o

My Ogas, which way today, abi nah sideline level for Oil?

I still favour a long but still on the sidelines
Re: Forex Trading - Season 14 by benpuzzy(m): 9:31am On Dec 18, 2014
naijababe:


I still favour a long but still on the sidelines

K
Re: Forex Trading - Season 14 by Nobody: 10:13am On Dec 18, 2014
HOW TO TRADE PROFITABLY DURING LOW VOLUME AS XMAS AND NEW YEAR SETS IN
The holidays are here with us. During this time, many Heavy traders are on holidays and consequently there is low volume in the market. Many Retail traders make losses while those who knows how to navigate the low volume time will make plenty money.Am giving you tips on how to trade LOW VOLUME TIME.

1. Make sure you don't over trade your account by using high lot, because during this time you will be tempted to add more lots thinking that the market will do what it use to do,no volume has changed

2. Don't so much try to control the market because during this time, you will be surprised that your normal (perfect TRADING STRATEGY OR INDICATOR) will be rubbished by the market, only to return in few hours time and behave the normal way.

3. Ensure you don't baby sit your trade. If you discover any trade setup, simply enter the trade and put you take profit and stop loss and go your way, because the market will come your side after all said and done.


4. Use higher stop loss. Because the market has no choice than to RANGE.RANGE RANGE RANGE. There are no serious movers of the market and eventually the market will settle down after spontaneous movement.

5. Money Management is CRUCIAL at this moment.

6. Trade only your normal TRADING PLAN, because the market is usually tempting this time around.

7. Remove every form of emotion and overconfidence during this LOW VOLUME TIME.


Thanks.
Hope this will help someone.
This is what i learnt from my 7years trading in Forex.

2 Likes

Re: Forex Trading - Season 14 by benpuzzy(m): 10:18am On Dec 18, 2014
Just sold USDCAD with all my mind, strength and soul

Re: Forex Trading - Season 14 by MikkeyJ: 10:49am On Dec 18, 2014
*yawning* All these pips you are sharing here, Chukwu di ooo
Re: Forex Trading - Season 14 by omejeo: 10:53am On Dec 18, 2014
iheanyiebeneze:
HOW TO TRADE PROFITABLY DURING LOW VOLUME AS XMAS AND NEW YEAR SETS IN
The holidays are here with us. During this time, many Heavy traders are on holidays and consequently there is low volume in the market. Many Retail traders make losses while those who knows how to navigate the low volume time will make plenty money.Am giving you tips on how to trade LOW VOLUME TIME.

1. Make sure you don't over trade your account by using high lot, because during this time you will be tempted to add more lots thinking that the market will do what it use to do,no volume has changed

2. Don't so much try to control the market because during this time, you will be surprised that your normal (perfect TRADING STRATEGY OR INDICATOR) will be rubbished by the market, only to return in few hours time and behave the normal way.

3. Ensure you don't baby sit your trade. If you discover any trade setup, simply enter the trade and put you take profit and stop loss and go your way, because the market will come your side after all said and done.


4. Use higher stop loss. Because the market has no choice than to RANGE.RANGE RANGE RANGE. There are no serious movers of the market and eventually the market will settle down after spontaneous movement.

5. Money Management is CRUCIAL at this moment.

6. Trade only your normal TRADING PLAN, because the market is usually tempting this time around.

7. Remove every form of emotion and overconfidence during this LOW VOLUME TIME.


Thanks.
Hope this will help someone.
This is what i learnt from my 7years trading in Forex.
true talk sir
Re: Forex Trading - Season 14 by Thinkr(m): 10:56am On Dec 18, 2014
Mr benpuzzy that's like a head and a shoulder. And your are selling right on the shoulder that's risky. Well, I guess you trust your system enough. Good luck

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