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Forex Trading - Season 15 - Business (239) - Nairaland

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Re: Forex Trading - Season 15 by Nobody: 4:06pm On Aug 03, 2015
RRR=1;1 Simply mean Risk Reward Ration. of 1;1, In other words, if your take profit is 50pips, your stop loss will be 50pips.
With my Price Action (PA) strategy, whenever there is a 50pips first take profit(usually at 14dma), i will set the first stop loss at 50pips, when i get a 100pips take profit, i will set my stop loss at 100pips.
Please consult babaypips.com to know more.
Re: Forex Trading - Season 15 by jorel1(m): 4:07pm On Aug 03, 2015
Cul4real:
THANKS. pls educate me on the best and normal stop loss and take profit ratio.
Mr
Re: Forex Trading - Season 15 by Cul4real(m): 4:12pm On Aug 03, 2015
iheanyiebeneze:
RRR=1;1 Simply mean Risk Reward Ration. of 1;1, In other words, if your take profit is 50pips, your stop loss will be 50pips.
With my Price Action (PA) strategy, whenever there is a 50pips first take profit(usually at 14dma), i will set the first stop loss at 50pips, when i get a 100pips take profit, i will set my stop loss at 100pips.
Please consult babaypips.com to know more.
‘Am grateful.
Re: Forex Trading - Season 15 by jorel1(m): 4:20pm On Aug 03, 2015
#GBPAUD The current 1 Hr candle closing bearish could as wellbe a good signal it isnt interested to go up, trading less than half its average daily range.
Recent bullish move till now could be only a retracement from Fridays mega bearish move.
Re: Forex Trading - Season 15 by Nobody: 4:55pm On Aug 03, 2015
You are most welcome.
Cul4real:
‘Am grateful.
Re: Forex Trading - Season 15 by pappy2000: 7:38pm On Aug 03, 2015
Please how doni fund my account with a Nigerian debit card
Re: Forex Trading - Season 15 by mrikay: 7:49pm On Aug 03, 2015
sending out thoughts of goodwill to all.
Capitals, Shevychen, and the wonderful Amazon (A.K.A Naijababe)
How una dey?
Re: Forex Trading - Season 15 by frenchman2: 10:40pm On Aug 03, 2015
bought audnzd
sold nzdcad
see charts below for details.
NB: Nothing is guaranteed Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

Re: Forex Trading - Season 15 by jorel1(m): 2:47am On Aug 04, 2015
AUD is strong GBP is strong, which wins?
Re: Forex Trading - Season 15 by sexaddict08(m): 3:54am On Aug 04, 2015
jorel1:
This is fear and its because of your fear the market will go zig zag...if you look at your chart history you wouldn't even notice Mondays zig zag because there isn't any..its just a figment of your imagination..

Price continues to respect S/R levels monday through friday...
Re: Forex Trading - Season 15 by fxbomovi: 5:38am On Aug 04, 2015
jorel1:
AUD is strong GBP is strong, which wins?
will be buying ga hopefully today if signal show..
Re: Forex Trading - Season 15 by jamace(m): 6:40am On Aug 04, 2015
jamace:
GBPAUD
BUY @ 2. 13660
TP @ 2. 15100
SL @ 2. 122850

Best of luck.
SL hit.
Re: Forex Trading - Season 15 by Capitals: 6:46am On Aug 04, 2015
mrikay:
sending out thoughts of goodwill to all.

Capitals, Shevychen, and the wonderful Amazon (A.K.A Naijababe)

How una dey?

Doing good bro, hope you are cool too?
Re: Forex Trading - Season 15 by jorel1(m): 6:53am On Aug 04, 2015
should be a temporary retracement buy i suppose. coz i think this could be the long term correction we've been waiting for
fxbomovi:
will be buying ga hopefully today if signal show..
Re: Forex Trading - Season 15 by Capitals: 6:54am On Aug 04, 2015
frenchman2:
bought audnzd
sold nzdcad
see charts below for details.
NB: Nothing is guaranteed Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

Like what you did with NZDCAD, I m closely watching that as well. But fear you may have gotten in too early, just my opinion. Good luck bro
Re: Forex Trading - Season 15 by Shevychen2: 6:57am On Aug 04, 2015
mrikay:
sending out thoughts of goodwill to all.

Capitals, Shevychen, and the wonderful Amazon (A.K.A Naijababe)

How una dey?

Doing great bro.. Well done.
Re: Forex Trading - Season 15 by Shevychen2: 6:59am On Aug 04, 2015
pappy2000:
Please how doni fund my account with a Nigerian debit card

Do you have a GTB Naira Master Card? If yes you can use it. I think they have a $300 daily limit these days so you may have to break up deposits.
Re: Forex Trading - Season 15 by Capitals: 7:14am On Aug 04, 2015
My portfolio as is stands, got some poor performers as you see. Really doesn't matter to me, thats why I love trades with at least 3;1 r/r. Some are 5;1, 7;1 . . ., The wins make for the loses
AUDCHF is from a new account I got set up (I don't trust em brokers so I try to get as many accounts with different brokers)

Re: Forex Trading - Season 15 by Capitals: 7:16am On Aug 04, 2015
Shevychen2:


Do you have a GTB Naira Master Card? If yes you can use it. I think they have a $300 daily limit these days so you may have to break up deposits.

How is it going with you bro. I trust everything is in order, FX wise.
Re: Forex Trading - Season 15 by mrikay: 7:34am On Aug 04, 2015
Capitals:
My portfolio as is stands, got some poor performers as you see. Really doesn't matter to me, thats why I love trades with at least 3;1 r/r. Some are 5;1, 7;1 . . ., The wins make for the loses
AUDCHF is from a new account I got set up (I don't trust em brokers so I try to get as many accounts with different brokers)

Please what is that second to last chart?
Re: Forex Trading - Season 15 by Nobody: 7:40am On Aug 04, 2015
take profit hit.
iheanyiebeneze:
According to 4hours 1,2,3, pattern indicator and Fractals,
Sell, GBPAUD now at 2.1411, stop loss is 2.1511 and take profit is 2.1211.
this trade will stay till this time morrow.
I think before any news comes out, it's good to consider the 4HOURS direction of this indicators.
Re: Forex Trading - Season 15 by Nobody: 7:46am On Aug 04, 2015
We are waiting for your take profit to hit.
iheanyiebeneze:
By the same indicators above on 4h time frame.
EURGBP is a buy now at 0.7030, first take profit is 0.7130, stop loss is 0.7000
may be GBP news will trigger it in few hours time.
Re: Forex Trading - Season 15 by Capitals: 7:50am On Aug 04, 2015
mrikay:


Please what is that second to last chart?

Its CADCHF, the name and tf of a chart is always written on the top left of any chart.
For some strange reasons I don't trust that particular one, holding on cos I don't trust my emotions in the markets as well. It fit the pattern, risk reward was good that's why I took it. Prefer CADJPY even if its not looking nice at the moment. Anything can happen. . .
Re: Forex Trading - Season 15 by Shevychen2: 7:55am On Aug 04, 2015
Capitals:


How is it going with you bro. I trust everything is in order, FX wise.

It's going great bro..Just doing my gambling jejely. cool cool

Surprised you are not holding GA, EN and EA.. EN and EA setups especially were so juicy and direct. No returns to the zone.
Re: Forex Trading - Season 15 by Nobody: 8:02am On Aug 04, 2015
Shevychen2:


Do you have a GTB Naira Master Card? If yes you can use it. I think they have a $300 daily limit these days so you may have to break up deposits.

It wouldn't work for forex site. I called customer care severally after many failed attempt to use card. I've to deposit into Neteller yesterday @ rate 230 + extra 1.9% charge. I was shocked thinking it would be 200/$.

right now if I withdraw, am losing 22-25% of capital to exchange rates @@180/$ Neteller. fund still in my Neteller thinking what next to do

If seems naira likely to fall 160/170 dis month or next . May be I should have tried other banks card dan stuck to GTB.

Dude should be patient or try another bank.
Re: Forex Trading - Season 15 by Nobody: 8:02am On Aug 04, 2015
Technically speaking, AUDUSD is OVERBOUGHT now @0.7376.(RSI=14){77.1750}.1h time frame.
sell now for a 50pips take profit, CONSOLIDATION strategy.
Re: Forex Trading - Season 15 by fxbomovi: 8:12am On Aug 04, 2015
jorel1:
should be a temporary retracement buy i suppose. coz i think this could be the long term correction we've been waiting for
the up move will likely start tomorrow
Re: Forex Trading - Season 15 by Shevychen2: 8:14am On Aug 04, 2015
TomPioPio:


It wouldn't work for forex site. I called customer care severally after many failed attempt to use card....


I won't be saying what I am not sure of. Several people I know have used the Naira GTB Master Card to fund XM accounts recently. One did so just last month so if yours didn't work, it may either be the broker or card details wahala..
Re: Forex Trading - Season 15 by Shevychen2: 8:17am On Aug 04, 2015
fxbomovi:
the up move will likely start tomorrow

We may see 2.0980 first bro especially if we get good AUD figures tomorrow morning.. I hope it does anyway as that is my buy level.
Re: Forex Trading - Season 15 by Nobody: 8:25am On Aug 04, 2015
Shevychen2:


I won't be saying what I am not sure of. Several people I know have used the Naira GTB Master Card to fund XM accounts recently. One did so just last month so if yours didn't work, it may either be the broker or card details wahala..

oga since Monday 27th July till now. I even wasted call credits cos of dis. BTW I never funded outside debit card since I started trading except local Naira wire to forextime & dis recent Neteller.

sir may i humbly say dis is my experience & know what am saying. please verify from them if am lying. Thanks
Re: Forex Trading - Season 15 by Nobody: 8:29am On Aug 04, 2015
My Broker http://www.forextime.com/?partner_id=4900129 Makes use of Card deposit.
but you must scan the card(front and back) first and upload. They are currently giving 40 percent bonus to cover deposit charges by banks. 221/$ and 218/$ for deposit and withdrawal respectively. But as for me, i HATE deposit, i have been enjoying withdrawal for a long time now. You can join us to talk about withdrawal and not deposit WHEN YOU START USING PRICE ACTION TRADING STRATEGY.
TomPioPio:


It wouldn't work for forex site. I called customer care severally after many failed attempt to use card. I've to deposit into Neteller yesterday @ rate 230 + extra 1.9% charge. I was shocked thinking it would be 200/$.

right now if I withdraw, am losing 22-25% of capital to exchange rates @@180/$ Neteller. fund still in my Neteller thinking what next to do

If seems naira likely to fall 160/170 dis month or next . May be I should have tried other banks card dan stuck to GTB.

Dude should be patient or try another bank.
Remember;
1. Experience is the best teacher, and Practice makes perfect.
2. It is possible to make weekly 20% profit ROI. You only need 3 alerts per week.
3. WE MAKE MONEY HERE, hit this http://www.forextime.com/?partner_id=4900129 or 08039469395 or nostupor@yahoo.com
4. Follow my daily alert here and make your dollars free of charge

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