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Forex Trading - Season 14 - Business (99) - Nairaland

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Re: Forex Trading - Season 14 by Nobody: 6:29pm On Sep 02, 2014
natruetalk:



this trade close manually with -65pips

not encourage to hold it further

Closed too soon, shoulda waited for reaction at 93.76. Rejection at level will send oil back to 90.00
Re: Forex Trading - Season 14 by adeyinkabasir(m): 6:36pm On Sep 02, 2014
GA still hasn't convinced me of its selling except Daily timeframe confirms it, am still bullish biased

Re: Forex Trading - Season 14 by willscolf: 7:08pm On Sep 02, 2014
UJ is approaching d year open,i hav d feeling is going 2 sell 4rm dia

1 Like

Re: Forex Trading - Season 14 by natruetalk: 7:58pm On Sep 02, 2014
Wow! Over 300pips move on oyel, 3% so far
Over 130 pips on Gu so far. i wish Gu mkt can be moving dis way
Mkt on fire. It advicable for newbies to stay out of dis mkt for the week or if u must trade, trade responsible with Sl. Mkt can go crazy more

1 Like

Re: Forex Trading - Season 14 by natruetalk: 8:03pm On Sep 02, 2014
naijababe:

Closed too soon, shoulda waited for reaction at 93.76. Rejection at level will send oil back to 90.00
i bought d nucca not sold. Was on d wrong side, happy i did dt early. Mkt no dey finish
Re: Forex Trading - Season 14 by Nobody: 8:10pm On Sep 02, 2014
natruetalk:
i bought d nucca not sold. Was on d wrong side, happy i did dt early. Mkt no dey finish

Na u biko. Just got back today, have a sell on dax and Dow and looking to sell oil around 93.9x area, gold I will look to buy around 1248/50 area.
Re: Forex Trading - Season 14 by Nobody: 9:56pm On Sep 02, 2014
please house is the Gbp/jpy 24H inverted hammer valid or a deception aka bear trap?

Re: Forex Trading - Season 14 by leopower(m): 10:32pm On Sep 02, 2014
still on G/A bear

Re: Forex Trading - Season 14 by phoenixfx: 12:49am On Sep 03, 2014
phoenixfx: USD JPY: The curr pair at eyeing level (using natruetalks lingo)...The push up may reach 105.300 resistance and psych level however from my personal analysis...i think the bullish power in the pair is exhausted and will start to fall even before reaching the level. Expect a series of dips and fakish moves before the great fall in the pair.


i guess i underestimated the buying power of this pair. 105.300 level reached. Stage is now set for the dips and fakes and then a REVERSAL in trend bias to bearish....
Re: Forex Trading - Season 14 by phoenixfx: 12:53am On Sep 03, 2014
phoenixfx: GBP AUD: Oga natruetalks favs pair grin...Eyeing zone reached for a SELL in this curr pair...at least to 1.7800 level

Played out neatly....Pointed out clearly by a Master Technical Analyst Leopower in his charts (refs all charts on curr pair above)

1 Like

Re: Forex Trading - Season 14 by phoenixfx: 1:01am On Sep 03, 2014
phoenixfx: AUD USD: For scalpers and daytraders - The pair seems to be making a correction move upwards at least to 0.93099 level. However, the overall trend bias on this curr pair is bearish and is expected to drop down to at least 0.92700 before any further move from the pair

The correction move was brief (for my scalpers) since trend bias was bearish. Curr pair dropped to expected zone...Trend is still bearish One last retest of the zone in play. grin
Re: Forex Trading - Season 14 by adeyinkabasir(m): 8:05am On Sep 03, 2014
adeyinkabasir:

lets see reaction at 1263.xx a breach of there means more down pour

gold respecting this level smiley
Re: Forex Trading - Season 14 by Birikiti: 8:52am On Sep 03, 2014
Good morning folks.

Looking to buy Gold around this 1260 area. The price is seating on an up-trending line which dates back to December 2013. I'm waiting for a PA signal on the 4-hr or daily TF to jump in.

My objective remains 50 pips at a time!

Happy trading.
Re: Forex Trading - Season 14 by leopower(m): 9:06am On Sep 03, 2014
i am still bearish bias on gold........

Re: Forex Trading - Season 14 by adeyinkabasir(m): 9:27am On Sep 03, 2014
adeyinkabasir:

gold respecting this level smiley

looks like the level has been breached already but will wait till 1pm to know if it can stay below 1261.xx then can join the selling train
Re: Forex Trading - Season 14 by leopower(m): 9:36am On Sep 03, 2014
time to sell for me on E/N............ after yesterday retest

Re: Forex Trading - Season 14 by Nobody: 9:39am On Sep 03, 2014
naijababe:

Na u biko. Just got back today, have a sell on dax and Dow and looking to sell oil around 93.9x area, gold I will look to buy around 1248/50 area.

Closed both at BE, missed the buy on dax, looking to enter around 9640........i think i will just leave th buy until it swings past 103xx as i expect
Re: Forex Trading - Season 14 by natruetalk: 9:49am On Sep 03, 2014
natruetalk:

@ adeyinka am shorting dis nucca with wit u but will close my trade around 1.767x to consider Long

GA already move below 1.7670 i will Long the nucca if it move back above the zone. d bolded important on d future direction of this nucca. watch out lipsrsealed
If it will turn bullish, now is d time


for me and my household we will not Short GA again except a break of 1.7600
Re: Forex Trading - Season 14 by Nobody: 9:59am On Sep 03, 2014
Aggrippa: please house is the Gbp/jpy 24H inverted hammer valid or a deception aka bear trap?

Very delicious set-up, bearish divergence on your chart, although not trading it but this is a highly probably short set-up. Goodluck if you take the trade
Re: Forex Trading - Season 14 by Nobody: 10:02am On Sep 03, 2014
Bought oil and dax, oil has to go below 92.60 for a true short to be valid

2 Likes

Re: Forex Trading - Season 14 by FOREXMARTS: 10:53am On Sep 03, 2014
Good morning house. Wish you all a pipfull month.

1 Like

Re: Forex Trading - Season 14 by honeric01(m): 10:57am On Sep 03, 2014
FOREXMARTS: Good morning house. Wish you all a pipfull month.

Long time..


@Topic:

I lost my last trade (Buy) on gold, just watching to see if gold is likely going to continue her move down to 1250 or 1260 is the short term bustop.

Seems we now have 1260 and 1295 to play with.
Re: Forex Trading - Season 14 by seyejohn94: 11:24am On Sep 03, 2014
pin rejecting monthly and weekly pivots....gold....patience...
Re: Forex Trading - Season 14 by hisableplc(m): 12:56pm On Sep 03, 2014
Even the Pros sometime float rules who are we to say we cant only God can help us.....a lesson we can learn from this

3 Likes

Re: Forex Trading - Season 14 by natruetalk: 1:29pm On Sep 03, 2014
AUD good data on gdp earlier 2day continuing doing wonder 4 d currency. am still eyeing to buy GA once it goes above 7670 but once it breach 7600 i will keep my eyes off it.

let see what going to happen by 2pm when d big boys comes out of hiding. no lelee
Re: Forex Trading - Season 14 by natruetalk: 1:30pm On Sep 03, 2014
hisableplc: Even the Pros sometime float rules who are we to say we cant only God can help us.....a lesson we can learn from this


thatz it bro. good post

1 Like

Re: Forex Trading - Season 14 by adeyinkabasir(m): 1:57pm On Sep 03, 2014
hisableplc: Even the Pros sometime float rules who are we to say we cant only God can help us.....a lesson we can learn from this


Hmmmm.....Good Eye opener, Experience is the best teacher. If You fail to learn from others Experiences then you will become an Experiment for others to learn from. thanks Hisableplc

1 Like

Re: Forex Trading - Season 14 by phoenixfx: 2:06pm On Sep 03, 2014
FX is the best teacher of oneself.....
Re: Forex Trading - Season 14 by hisableplc(m): 2:08pm On Sep 03, 2014
natruetalk:

thatz it bro. good post

Thanks bro.....i know someone who loves this big traders but refuses to understand that the guy has paid his price and his loss cant be compared to his gains but low and behold u follow maybe during his worse session and you lament and scream he is not a good trader who is the bad guy now?
Re: Forex Trading - Season 14 by hisableplc(m): 2:10pm On Sep 03, 2014
adeyinkabasir:

Hmmmm.....Good Eye opener, Experience is the best teacher. If You fail to learn from others Experiences then you will become an Experiment for others to learn from. thanks Hisableplc

I love it when it comes to learning esp frm peeps error it guides u more u r on point
Re: Forex Trading - Season 14 by fxbomovi: 3:18pm On Sep 03, 2014
hisableplc: Even the Pros sometime float rules who are we to say we cant only God can help us.....a lesson we can learn from this

love it
Re: Forex Trading - Season 14 by Nobody: 3:20pm On Sep 03, 2014
why is it that only declines in the market are termed “corrections” – as if only downside moves are “correct” while upward moves are by nature “incorrect?”.

who can tell me what i need to know

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