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Forex Trading - Season 14 - Business (84) - Nairaland

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Re: Forex Trading - Season 14 by honeric01(m): 10:05am On Aug 19, 2014
beejaay: i see the inverted H&S on GJ completed (with exact pips range between the heads and the shoulders) for a journey to monthly pivot, so am gonna be watching my owiwi eyeballs

Tell us what you are seeing o grin
Re: Forex Trading - Season 14 by Nobody: 10:07am On Aug 19, 2014
beejaay:
smiley am a swing trader like you too just that i have realized that its easier to make money and manage risk on gold range than any other pair

True, but gold has been ranging since may, I have not time to be tracking every hour jo
Re: Forex Trading - Season 14 by honeric01(m): 10:08am On Aug 19, 2014
naijababe:

True, but gold has been ranging since may, I have not time to be tracking every hour jo

I use 4 hours to do my tracking and it's been working..
Re: Forex Trading - Season 14 by endfx1(m): 10:11am On Aug 19, 2014
beejaay:

see stoploss hunt mehnnn shocked shocked shocked. forex is really for the brave heart

lol....you go fear fear
Re: Forex Trading - Season 14 by beejaay: 10:13am On Aug 19, 2014
honeric01:

I use 4 hours to do my tracking and it's been working..

correct and when 4hrs start is own range, daily will do the bailout
Re: Forex Trading - Season 14 by JAZES(m): 10:17am On Aug 19, 2014
GU don pay me moni ooo..... grin grin
Re: Forex Trading - Season 14 by fxbomovi: 10:22am On Aug 19, 2014
fxbomovi: u can sell gold now with 1301.00 as stop loss
manual close
Re: Forex Trading - Season 14 by endfx1(m): 10:29am On Aug 19, 2014
If i were to trade gold i would buy now and hold till weekend with stop loss at 1259.2

Or a pending buy at 1303...

Re: Forex Trading - Season 14 by natruetalk: 10:42am On Aug 19, 2014
GU blast thru dis zone 2 end my last friday trade @ BE no lelee.

watching d current 4hr close for decision lipsrsealed

Re: Forex Trading - Season 14 by zinosleek(m): 10:54am On Aug 19, 2014
My EG trade took me out, sold you at 3352
Re: Forex Trading - Season 14 by omejeo: 10:55am On Aug 19, 2014
gold is still bearish
Re: Forex Trading - Season 14 by endfx1(m): 11:10am On Aug 19, 2014
Hmmm...Gold is in a confused state now bt i will rather buy or stay out till weekend to see how the weekly candle will close.

1 Like

Re: Forex Trading - Season 14 by Birikiti: 11:13am On Aug 19, 2014
endfx1: Hmmm...Gold is in a confused state now bt i will rather buy or stay out till weekend to see how the weekly candle will close.

From the weekly chart, Gold is still bearish biased I believe; no?
Re: Forex Trading - Season 14 by fxbomovi: 11:23am On Aug 19, 2014
omejeo: gold is still bearish

think bias is completely bullish now.
Re: Forex Trading - Season 14 by Kirinwa: 11:54am On Aug 19, 2014
Kirinwa: Sell GJ now @ 171.60 for 100 pips

Who took this trade?

1 Like

Re: Forex Trading - Season 14 by beejaay: 11:59am On Aug 19, 2014
beejaay: i see the inverted H&S on GJ completed (with exact pips range between the heads and the shoulders) for a journey to monthly pivot, so am gonna be watching my owiwi eyeballs
long gj at the rejection of 78fib sitting tightly on a completed inverted H&S with stoploss below 170.4, lets see how it goes
Re: Forex Trading - Season 14 by kenny1984: 12:35pm On Aug 19, 2014
Is anyone Shorting USDCHF . inverted hammer on the 4Hr tf.
Re: Forex Trading - Season 14 by natruetalk: 1:09pm On Aug 19, 2014
natruetalk:

it will even be fine to c d nucca retrace back to around 94.0x to add more short destination to d eyeing zone.

if oyel no reach 92.5x area i will like to miss the trade. no buy for me jare

back to d field eyeing to sell oyel to 92.5x area if staying below d 94.0x levels but above it no trade 4 me until bullish confirmation.

Re: Forex Trading - Season 14 by Nobody: 1:41pm On Aug 19, 2014
natruetalk:

back to d field eyeing to sell oyel to 92.5x area if staying below d 94.0x levels but above it no trade 4 me until bullish confirmation.

Holding here position moved to BE+20 sha just in case
Re: Forex Trading - Season 14 by Nobody: 1:49pm On Aug 19, 2014
forex brokers.. the only ppl dat are seemingly falsely incline to the idea that computer makes mistake.. for God sake why slippage of abt 40 pips they are just wrecking us...
Re: Forex Trading - Season 14 by beejaay: 2:02pm On Aug 19, 2014
out of my long on gold. this thing is drifting down. short is becoming visible ryt now
Re: Forex Trading - Season 14 by Nobody: 2:05pm On Aug 19, 2014
beejaay: out of my long on gold. this thing is drifting down. short is becoming visible ryt now

On the short-term, price below 1305 is bearish but then 1297 is also in the way.
Re: Forex Trading - Season 14 by Nobody: 2:12pm On Aug 19, 2014
oil starting to pay..

Re: Forex Trading - Season 14 by JAZES(m): 2:31pm On Aug 19, 2014
MuhammedX: forex brokers.. the only ppl dat are seemingly falsely incline to the idea that computer makes mistake.. for God sake why slippage of abt 40 pips they are just wrecking us...

One of the things you need to consider when trading forex apart from d noise of the market is the kind of broker you choose. Choosing a broker can either make or mar you in this lucrative business and thats why its important to do proper investigation before you commit your funds to any broker.
Re: Forex Trading - Season 14 by beejaay: 2:36pm On Aug 19, 2014
naijababe:

On the short-term, price below 1305 is bearish but then 1297 is also in the way.

put BB26 on gold 1hr chart and see the tightning. this thing is gonna blow soon. i need to be prepared either way, but i think its gonna be down before up. the upper band of the BB coincide with the rejection of EMA55, something is fishy i tell you
Re: Forex Trading - Season 14 by omejeo: 2:49pm On Aug 19, 2014
gold
Re: Forex Trading - Season 14 by Nobody: 2:54pm On Aug 19, 2014
Getting ready to sell below 93.80
Re: Forex Trading - Season 14 by Nobody: 3:02pm On Aug 19, 2014
naijababe: Getting ready to sell below 93.80

Sold for exit around 91.77
Re: Forex Trading - Season 14 by Birikiti: 3:21pm On Aug 19, 2014
Birikiti: Good morning good people.

Looking to sell Gold at between 1301-1303 like yesterday for my daily 50pips.

Happy trading all.

Bulls eye!!!

I don chop them today again! grin grin grin

I'm outta here, byeeeee!
Re: Forex Trading - Season 14 by Dipocian(m): 3:26pm On Aug 19, 2014
MuhammedX: forex brokers.. the only ppl dat are seemingly falsely incline to the idea that computer makes mistake.. for God sake why slippage of abt 40 pips they are just wrecking us...

Oh I can c we use the same broker. my stop was at BE but XM slippage on GU stopped me at -43pips
Re: Forex Trading - Season 14 by Nobody: 3:38pm On Aug 19, 2014
Dipocian:

Oh I can c we use the same broker. my stop was at BE but XM slippage on GU stopped me at -43pips
yup.. dey was a weekend gap.. took away extra 15 pips.. i was just trying to gap trade.. their days are just numbered... playing safe is best for now, cos i wanted to straddle dat news with GA and GU, but bad luck for me.. missed 100 pips.. next time.. sha.. btw oil at BE+30.. shop closed
Re: Forex Trading - Season 14 by Nobody: 3:38pm On Aug 19, 2014
Birikiti:

Bulls eye!!!

I don chop them today again! grin grin grin

I'm outta here, byeeeee!

grin grin grin grin grin

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