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Forex Trading - Season 15 - Business (99) - Nairaland

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Re: Forex Trading - Season 15 by Nobody: 4:27pm On Mar 30, 2015
adeniyia33:
Thank Mama of the house.
Just did that. Here I have on XM MT4 US30cash.

Position is currently 17670.5

Pls advise, what strategy do use for trading DJIA?

I am humbled.

Thumb Up


Possibly the simplest instrument to trade. I trade it on the 1H, plot my S/R on the 4H and use a 20SMA as a filter, chikena. Oh, also make sure your candle stick knowledge is up to date grin

1 Like

Re: Forex Trading - Season 15 by endfx1(m): 4:30pm On Mar 30, 2015
naijababe:


Possibly the simplest instrument to trade. I trade it on the 1H, plot my S/R on the 4H and use a 20SMA as a filter, chikena. Oh, also make sure your candle stick knowledge is up to date grin

Lolz.....+1000

Candlesticks knowledge is the deal...no matter ur method
Re: Forex Trading - Season 15 by Nobody: 4:57pm On Mar 30, 2015
Closed my DJIA buy @ 138 pips after losing 48 pips earlier in the day. Holding GJ buy, hopefully the b1tch won't bring any nasty surprise.
Re: Forex Trading - Season 15 by Nobody: 5:03pm On Mar 30, 2015
naijababe:
Closed my DJIA buy @ 138 pips after losing 48 pips earlier in the day. Holding GJ buy, hopefully the b1tch won't bring any nasty surprise.

Abeg, make I waka altogether. I will come back when that a55 breaks 17800.
Re: Forex Trading - Season 15 by TheShootist(m): 5:51pm On Mar 30, 2015
naijababe:
^ That signature is profound.
*bows

Scared of buying GCAD, but wanna. Maybe i should just mistakenly click it. It's kuku 0.01 micro lot size.
Re: Forex Trading - Season 15 by adeniyia33(m): 6:42pm On Mar 30, 2015
Big Mama,
Thanks. Will give it a try and revert

Lolz

naijababe:


Possibly the simplest instrument to trade. I trade it on the 1H, plot my S/R on the 4H and use a 20SMA as a filter, chikena. Oh, also make sure your candle stick knowledge is up to date grin
Re: Forex Trading - Season 15 by adeniyia33(m): 6:44pm On Mar 30, 2015
Dont KUKU, remember, it is ur hard earned money.....U can go away from the pair if u are not too sure.... opportunities are endless in the forex market

My PIP for you.

TheShootist:
*bows

Scared of buying GCAD, but wanna. Maybe i should just mistakenly click it. It's kuku 0.01 micro lot size.
Re: Forex Trading - Season 15 by pocoapoco88: 6:47pm On Mar 30, 2015
needinfo:
look at this trade, i entered the trade directly in the market but immediately it entered, it started with negative pips of over 30 pips and when price has even fallen down crossed the sell line, it still shows negative pips of 17.is it that there is an invisible price movement or you will call it spread that is huge.i just don't know why this happens.why it keep filling me into the market at much negative pips.is it that the spread is too high or there is an invisible price movements
wot u call 30pips is actually 3pips spread,dose last digits u c r called pippets (on 5digit brokers).bros u nid 2 know rudiments like dis otherwise u go fund accnt tire oo
Re: Forex Trading - Season 15 by needinfo: 7:00pm On Mar 30, 2015
pocoapoco88:
wot u call 30pips is actually 3pips spread,dose last digits u c r called pippets (on 5digit brokers).bros u nid 2 know rudiments like dis otherwise u go fund accnt tire oo
how do you mean fund account tire.is it that it affects my trade.what about the -17 showing on my profit because that is where it showed over -30 profit immediately i entered the trade.not actually pips if that is the case.
Re: Forex Trading - Season 15 by needinfo: 7:04pm On Mar 30, 2015
Owliver:
3pips not 30. Sire download xm platform and compare.
that is what am using.xm mt4 platform.[quote author=pocoapoco88 post=32178357]that is what am using.xm mt4 platform.what about the -17 showing on my profit because that is where it showed over -30 profit immediately i entered the trade.not actually pips if that is the case.how come it shows -17 profit even when price has fallen and crossed the sell line.thought it was suppose to show possitive
Re: Forex Trading - Season 15 by infofirst(m): 7:21pm On Mar 30, 2015
mutik1977:
oil to hit $77/88 in coming months if weekly PA successfully close above $53. Donated 0.68% just now on SELL @ price 48.46 closing at 49.14 without analyzing daily/weekly candle. Dat daily railroad likely to fail. If dat railroad holds, mission 35/40/43 likely on oil with stop loss @ 52.45 if u want to sell now.long term buy has likely started.

source: my humble self. Anytin can happen.
Good Tom... On point n hope u stick to this MM when you go live.
Re: Forex Trading - Season 15 by infofirst(m): 7:22pm On Mar 30, 2015
mutik1977:
oil to hit $77/88 in coming months if weekly PA successfully close above $53. Donated 0.68% just now on SELL @ price 48.46 closing at 49.14 without analyzing daily/weekly candle. Dat daily railroad likely to fail. If dat railroad holds, mission 35/40/43 likely on oil with stop loss @ 52.45 if u want to sell now.long term buy has likely started.

source: my humble self. Anytin can happen.
Good Tom... On point n hope u stick to this MM when you go live. You have tried over trading and failed n try low risk too and see the result.
Re: Forex Trading - Season 15 by adeniyia33(m): 6:09am On Mar 31, 2015
Good moni all,
As u go about ur trading career today, kindly ensure u check GREED and be patient.

You would also be profitable only if you are satisfied with little. Better days are always ahead...No Rushing ehn...

Wish u PIPs filled day
Re: Forex Trading - Season 15 by adeniyia33(m): 6:32am On Mar 31, 2015
Just did a good moni PIP with EJ >>>>>> 65+ PIPs still counting

1 Like

Re: Forex Trading - Season 15 by TheShootist(m): 7:18am On Mar 31, 2015
adeniyia33:
Dont KUKU, remember, it is ur hard earned money.....U can go away from the pair if u are not too sure.... opportunities are endless in the forex market

My PIP for you.


Thanks sir. actually I didn't. Discipline is very important in this business.
Re: Forex Trading - Season 15 by sojmann(m): 8:26am On Mar 31, 2015
May this be a pipfull week for we all cool

Re: Forex Trading - Season 15 by Nobody: 8:28am On Mar 31, 2015
Bought DJIA again, 50 pips sl . Aiming for 1806x area

1 Like

Re: Forex Trading - Season 15 by fxbomovi: 8:33am On Mar 31, 2015
sold nu @0.7473 to 0.7305. s.l @0.7497
Re: Forex Trading - Season 15 by melach(m): 9:12am On Mar 31, 2015
sold Gj again lets see if price will reach 175.***. @mama me de follow u o. grin
Re: Forex Trading - Season 15 by Sunnycliff(m): 9:24am On Mar 31, 2015
Waiting for the fundamental news on GBP by 9:30 after which a place a trade on GNZD!!
Re: Forex Trading - Season 15 by adeniyia33(m): 9:39am On Mar 31, 2015
The news release often has little or no impact on the market. as u can see, even after the release of the new, GPB is still goin g SHORT.
Not all news could be traded....

We can still bring home some PIPs even without News release.

Wish u a PIPful week
Sunnycliff:
Waiting for the fundamental news on GBP by 9:30 after which a place a trade on GNZD!!
Re: Forex Trading - Season 15 by sojmann(m): 9:45am On Mar 31, 2015
ok

Re: Forex Trading - Season 15 by endfx1(m): 9:56am On Mar 31, 2015
endfx1:
GA

Buy stop @ 1.9271

TP @ 1.9171

TP @ 1.9475

Apply due diligence

+120pips
Re: Forex Trading - Season 15 by fxstory(m): 9:57am On Mar 31, 2015
TheShootist:


Thanks sir. actually I didn't. Discipline is very important in this business.
discipline is a key factor to succeed in forex.so try and discipline your yourself when trading
Re: Forex Trading - Season 15 by endfx1(m): 9:58am On Mar 31, 2015
endfx1:
NU

Sell @ 0.7539

SL @ 0.7639

TP @ 0.7250

Apply due diligence

+100pips on 2lots
Re: Forex Trading - Season 15 by Sunnycliff(m): 10:00am On Mar 31, 2015
adeniyia33:
The news release often has little or no impact on the market. as u can see, even after the release of the new, GPB is still goin g SHORT.
Not all news could be traded....

We can still bring home some PIPs even without News release.

Wish u a PIPful week

I placed a buy trade on d Same market at 1.9790 with stop loss at 1.9700 and TP @ 2.0000 with 0.2 lot size
Re: Forex Trading - Season 15 by sojmann(m): 10:08am On Mar 31, 2015
Are we selling oyel?
Re: Forex Trading - Season 15 by endfx1(m): 10:12am On Mar 31, 2015
UJ

Buy stop @ 120.22

SL @ 119.89

TP @ 121.50

Apply due diligence
Re: Forex Trading - Season 15 by endfx1(m): 10:18am On Mar 31, 2015
Gcad

Buy @ 1.8840

SL @ 1.8750

TP @ 1.9088

Apply due diligence
Re: Forex Trading - Season 15 by endfx1(m): 10:28am On Mar 31, 2015
GA,NU closed @ +200pips
Re: Forex Trading - Season 15 by Nobody: 10:54am On Mar 31, 2015
infofirst:

Good Tom... On point n hope u stick to this MM when you go live.

yes, d highest lot size I ve used for both 1000$ demo is 0.03 micro lots just once. is always 0.01/ 0.02.
one is for testing a strategy based on something new am working on with sound mm & d other what already works for me with sound mm.

I have running sell GJ 177.68 sl 178.17 and UJ 120.19 sl 120.75. 0.01 lot each. balance 1045 (second 1060 floating equity). so if dis two hit sl, it wouldn't bite much on account cos of sound MM. Am beginning to like determined fixed lot over percentage. As account grows, I move to d next stage of lotsizes. Greed truely kills in fx. I will now take a break from thread. Gud luck

1 Like

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