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Forex Trading - Season 14 - Business (198) - Nairaland

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Re: Forex Trading - Season 14 by elyte(m): 10:55pm On Nov 24, 2014
On Eurusd

On 21st November, I did an analysis on Eurusd, you can read here,where I discussed about an expected move of Eurusd down to the support zone ( 1.2150 and 1.8850) if the intraday zigzag channel is broken downward.
Price broke the channel mentioned above and is presently retracing to the neckline of the channel or ( 50% retacament of the intraday wave 3 to resume the bearish move to the expected zone before deciding what to do next.
If the present retracement happens to break 1.2600 upward, the bearish analysis is invalid
I presently have my pending sell position at 50% retracement of the most recent intraday bearish move

You can get analytical charts on Eurusd and the new update on Gold with analytical charts at www.forexsnipper..com

Don't forget Usdcad.....Analysis coming shortly....
Re: Forex Trading - Season 14 by elyte(m): 10:56pm On Nov 24, 2014
elyte:
On Eurusd

On 21st November, I did an analysis on Eurusd, when I discussed about an expected move of Eurusd down to the support zone ( 1.2150 and 1.8850) if the intraday zigzag channel is broken downward.
Price broke the channel mentioned above and is presently retracing to the neckline of the channel or ( 50% retacament of the intraday wave 3 to resume the bearish move to the expected zone before deciding what to do next.
If the present retracement happens to break 1.2600 upward, the bearish analysis is invalid
I presently have my pending sell position at 50% retracement of the most recent intraday bearish move

You can get analytical charts on Eurusd and the new update on Gold with analytical charts at www.forexsnipper..com

Don't forget Usdcad.....Analysis coming shortly....
Re: Forex Trading - Season 14 by Kirinwa: 7:21am On Nov 25, 2014
Guys try to stay out of GJ this week. The risk aversion is already playing.

GA and GN bullishness continues you may enter.

1 Like

Re: Forex Trading - Season 14 by fxbomovi: 8:21am On Nov 25, 2014
Sell gbpjpy now @184.75 Stop @185.20 Profit @184.00

sell eurjpy @146.40. Stop @146.70 profit @145.60

Place trade now
Re: Forex Trading - Season 14 by Kirinwa: 8:52am On Nov 25, 2014
fxbomovi:
Sell gbpjpy now @184.75 Stop @185.20 Profit @184.00

sell eurjpy @146.40. Stop @146.70 profit @145.60

Place trade now


Fxbomovi you still don't get it yet. GJ is directionless for this week. I have seen it happen over and over again.
Re: Forex Trading - Season 14 by fxbomovi: 9:13am On Nov 25, 2014
Kirinwa:



Fxbomovi you still don't get it yet. GJ is directionless for this week. I have seen it happen over and over again.
I will keep that in mind sir! thanks alot
Re: Forex Trading - Season 14 by Kirinwa: 10:41am On Nov 25, 2014
Remember that whatever profit or loss you see in an open trade is never yours until the trade is closed.

2 Likes

Re: Forex Trading - Season 14 by Kirinwa: 10:47am On Nov 25, 2014
fxbomovi:
I will keep that in mind sir! thanks alot

You are welcome. Stoploss should be hit by now unless you exited on time.
Re: Forex Trading - Season 14 by fxbomovi: 11:12am On Nov 25, 2014
Kirinwa:


You are welcome. Stoploss should be hit by now unless you exited on time.
yes Bro, stop has been hit.
Re: Forex Trading - Season 14 by currentprice: 11:23am On Nov 25, 2014
what else to read on forex trade alerts

Kirinwa reminding person to update calls,,, grin grin grin himself will disappear for 3 or more days after his sure call stopped out grin grin grin

2 Likes

Re: Forex Trading - Season 14 by Kirinwa: 11:32am On Nov 25, 2014
currentprice:
what else to read on forex trade alerts

Kirinwa reminding person to update calls,,, grin grin grin himself will disappear after call stop out grin grin grin

Sometimes I wonder if there's more to you besides shining of teeth. undecided

If somebody enters a trade you know is not feasible, are you saying others should keep silent and watch his stoploss get hit?
Re: Forex Trading - Season 14 by currentprice: 11:39am On Nov 25, 2014
Kirinwa:


Sometimes I wonder if there's more to you besides shining of teeth. undecided

If somebody enters a trade you know is not feasible, are you saying others should keep silent and watch his stoploss get hit?

see Mr market,,,, anyway for the purpose of learning how will a trader know call is feasible? with this your sure feasible/ no feasible you should be forex millionaire brother
Re: Forex Trading - Season 14 by willscolf: 12:17pm On Nov 25, 2014
currentprice:


see Mr market,,,, anyway for the purpose of learning how will a trader know call is feasible? with this your sure feasible/ no feasible you should be forex millionaire brother
jst passing
Re: Forex Trading - Season 14 by Cul4real(m): 1:18pm On Nov 25, 2014
I want beg all of you in this forum for GOD‘s sake to tell me (as new forex beginner) those relaible and honest brokers that i can start with without having my finger burnt base on your personal experiences. Thanks.
Re: Forex Trading - Season 14 by Dokitadotun: 2:18pm On Nov 25, 2014
Cul4real:
I want beg all of you in this forum for GOD‘s sake to tell me (as new forex beginner) those relaible and honest brokers that i can start with without having my finger burnt base on your personal experiences. Thanks.

Why not try exness.com..
Re: Forex Trading - Season 14 by Nobody: 9:10pm On Nov 25, 2014
AUDCAD buy trade hit stoploss. some days are like that.

3 Likes

Re: Forex Trading - Season 14 by Nobody: 9:36pm On Nov 25, 2014
ichimoku traders should look at EURGBP
Re: Forex Trading - Season 14 by Kirinwa: 6:34am On Nov 26, 2014
Sell GA, GN now for at least 150 pips total.
Re: Forex Trading - Season 14 by Kirinwa: 6:37am On Nov 26, 2014
Kirinwa:
Sell GA, GN now for at least 150 pips total.

Mind you its a correction for more bullishness.Don't get carried away.
Re: Forex Trading - Season 14 by Cul4real(m): 7:24am On Nov 26, 2014
Dokitadotun:

Why not try exness.com..
Thank you so much. Despite begging for help in the name of GOD, some guys jumped over me and proceeding with their business except only you. Many thanks.
Re: Forex Trading - Season 14 by jamace(m): 7:54am On Nov 26, 2014
BUY EJ @147.000, TP 148.000, SL 146.000
Re: Forex Trading - Season 14 by infofirst(m): 8:49am On Nov 26, 2014
Cul4real:
Thank you so much. Despite begging for help in the name of GOD, some guys jumped over me and proceeding with their business except only you. Many thanks.
Fxcm, Xm, Alpari, fxpro will do as well
Re: Forex Trading - Season 14 by docus: 11:00am On Nov 26, 2014
you can short EU now
Re: Forex Trading - Season 14 by Kirinwa: 12:18pm On Nov 26, 2014
Buy GN now @ 2.0120 for 200 pips on or before friday.
Re: Forex Trading - Season 14 by jamace(m): 4:27pm On Nov 26, 2014
jamace:
BUY EJ @147.000, TP 148.000, SL 146.000
This trade is still on. Just trying our patience. It has high probability of hitting target. So hold it.
Re: Forex Trading - Season 14 by Cul4real(m): 6:52pm On Nov 26, 2014
infofirst:

Fxcm, Xm, Alpari, fxpro will do as well
THANK YOU SO MUCH.
Re: Forex Trading - Season 14 by Cul4real(m): 10:56pm On Nov 26, 2014
infofirst:

Fxcm, Xm, Alpari, fxpro will do as well
THANKS. Is like FXCM minimum deposit is $2000, maybe i will try FxPro with $100 as a beginner. Beside, FxPro said they accept Debit MasterCard for deposit/withdraw, as UBA refused to issue AFRICARD for me going to 3weeks now. Pls your view and advice?
Re: Forex Trading - Season 14 by jamace(m): 2:08am On Nov 27, 2014
jamace:
BUY EJ @147.000, TP 148.000, SL 146.000
Closed trade at BE. @All, close your trade if you took the call.

1 Like

Re: Forex Trading - Season 14 by 12ema: 7:29am On Nov 27, 2014
Hello all. Based of pattern recognition, GBPJPY may drop to 18203 soon. stop loss should be placed at 18610.

P.s Prospecting/predicting price direction is dangerous. It is advisable to follow price so trade at own risk. Happy thanksgiving.
Re: Forex Trading - Season 14 by sunky1097(m): 3:47pm On Nov 27, 2014
Too much silence in here.......where d traders @?
Re: Forex Trading - Season 14 by sunky1097(m): 3:50pm On Nov 27, 2014
Market has ben relatively quiet dis week....expect a big move soon
Re: Forex Trading - Season 14 by Nobody: 5:05pm On Nov 27, 2014
Sadens me to see so.many young novice traders lose money everyday because they think forex trading is a quick way to get rich. They over-leverage, risk so much and have no real discipline thus unable to truly stick to strategy.

Day trading and setting all these 50pips-70pips stop losses is a recipe for pain and loss. I was like them for many yrs but I grew in the mkt and learned how to trade professionally.

FX trading should be treated as a business with long-term plans, not a lottery or get-rich-quick fix.

Stop day trading and be a swing trader or investment trader. But I know 99.9% of folks in here wont take this advice and will keep committing same blunder they've always committed and thus keep losing - or at best just going in circles. But to that 0.1%, I say congrats.

Happy thanksgiving!

5 Likes

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