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Forex Trade Alerts Season 17 - Business (4) - Nairaland

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Re: Forex Trade Alerts Season 17 by DoroBad: 1:42pm On Jan 03, 2017
teemy:

Yes, forex brokers have platforms for android users
I personally think it's very frustrating to trade on mobile.
Re: Forex Trade Alerts Season 17 by pipsdude: 1:48pm On Jan 03, 2017
Yes its possible. Isn't trading though enough,why make it harder aiming for 100% monthly.[quote author=pipsdude post=52492546][/quote]
Re: Forex Trade Alerts Season 17 by pipsdude: 2:01pm On Jan 03, 2017
Mtncardseller:
Can I start forex on android?
If you seriously want to start trading,use a full system.If you don't have one,get one. This is serious business, treat it like one.
Imagine,a doctor using an ambulance as a full hospital just because he or she can treat someone in it;does it make sense?

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Re: Forex Trade Alerts Season 17 by DoroBad: 2:02pm On Jan 03, 2017
buy gbpusd @1.2304 TP @ 1.2334
Re: Forex Trade Alerts Season 17 by Sunnycliff(m): 2:03pm On Jan 03, 2017
[quote author=pipsdude post=52492546][/quote]

Wonderful dream. Remember forex is still a game of discipline and volatility.

Your are ambitious but with these your straight forward analysis, hope greed won't take a deep toll on u.

All the best
Re: Forex Trade Alerts Season 17 by Sunnycliff(m): 2:04pm On Jan 03, 2017
pipsdude:

If you seriously want to start trading,use a full system.If you don't have one,get one. This is serious business, treat it like one.
Imagine,a doctor using an ambulance as a full hospital just because he or she can treat someone in it;does it make sense?

This assertion of yours does not correlate. I make more green pips with my Android than a pc
Re: Forex Trade Alerts Season 17 by DoroBad: 2:05pm On Jan 03, 2017
pipsdude:
Yes its possible. Isn't trading though enough,why make it harder aiming for 100% monthly.
if it's hard for you, it is no longer hard for me. . . i have passed that stage.

I dont sit with charts. I place trades and close my laptop like a boss. All i do is delete pending trades by 10 pm daily, and leave open trades for as long as possible.

My strategy isnt taught anywhere.
Re: Forex Trade Alerts Season 17 by pipsdude: 2:05pm On Jan 03, 2017
Sunnycliff:


This assertion of yours does not correlate. I make more green pips with my Android than a pc
I believe you are experienced.
Re: Forex Trade Alerts Season 17 by pipsdude: 2:17pm On Jan 03, 2017
DoroBad:
if it's hard for you, it is no longer hard for me. . . i have passed that stage.

I dont sit with charts. I place trades and close my laptop like a boss. All i do is delete pending trades by 10 pm daily, and leave open trades for as long as possible.

My strategy isnt taught anywhere.

It's possible and I've seen people do as much 1000% in a month. The thing is being consistent doing it. If you do 100% monthly on a $1000 account,and increase exponentially, in less than 4 years,you will be on Forbes list and put Nigeria on the map,at least for something positive this time.

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Re: Forex Trade Alerts Season 17 by DoroBad: 2:20pm On Jan 03, 2017
pipsdude:


It's possible and I've seen people do as much 1000% in a month. The thing is being consistent doing it. If you do 100% monthly on a $1000 account,and increase exponentially, in less than 4 years,you will be on Forbes list and put Nigeria on the map,at least for something positive this time.
Keep your fingers crossed.
Re: Forex Trade Alerts Season 17 by lawson007(m): 2:38pm On Jan 03, 2017
Sunnycliff:


Wonderful dream. Remember forex is still a game of discipline and volatility.

Your are ambitious but with these your straight forward analysis, hope greed won't take a deep toll on u.

All the best
Bros he assured us that he would update.
We all have front seat at the ring side to watch our man vs forex 2017.epic battle.enjoy.

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Re: Forex Trade Alerts Season 17 by DoroBad: 2:44pm On Jan 03, 2017
lawson007:

Bros he assured us that he would update.
We all have front seat at the ring side to watch our man vs forex 2017.epic battle.enjoy.

120usd to 204usd by the 2nd of February. . . Then you'll believe.


cool cool cool
Re: Forex Trade Alerts Season 17 by teemy(m): 2:48pm On Jan 03, 2017
DoroBad:
I personally think it's very frustrating to trade on mobile.
Never tried it yet. dorobad, I noticed no SL on your alerts
Re: Forex Trade Alerts Season 17 by VeeVeeMyLuv(m): 2:51pm On Jan 03, 2017
DoroBad:


120usd to 204usd by the 2nd of February. . . Then you'll believe.


cool cool cool
my broda it is very possible with discipline.
if you don't understand what it is happening, it is better to leave the market for a while. for example, a wise person will stay away from the market tomorrow due to FOMC.
Re: Forex Trade Alerts Season 17 by wamiikechukwu(m): 2:59pm On Jan 03, 2017
Sunnycliff:


This assertion of yours does not correlate. I make more green pips with my Android than a pc

I trade with my mobile, not with a laptop.
I can check the market anytime even in class.
Re: Forex Trade Alerts Season 17 by wamiikechukwu(m): 2:59pm On Jan 03, 2017
DoroBad:
I personally think it's very frustrating to trade on mobile.

Too me its not, its easier.
Re: Forex Trade Alerts Season 17 by wamiikechukwu(m): 3:00pm On Jan 03, 2017
VeeVeeMyLuv:

my broda it is very possible with discipline.
if you don't understand what it is happening, it is better to leave the market for a while. for example, a wise person will stay away from the market tomorrow due to FOMC.


am wondering how to people trade using the news.
Re: Forex Trade Alerts Season 17 by pipsdude: 3:07pm On Jan 03, 2017
wamiikechukwu:


am wondering how to people trade using the news.
simple! Correlation! use one NEWS to trade another.
Re: Forex Trade Alerts Season 17 by DoroBad: 3:07pm On Jan 03, 2017
teemy:

Never tried it yet. dorobad, I noticed no SL on your alerts
SL is a demon. I avoid demons
Re: Forex Trade Alerts Season 17 by wamiikechukwu(m): 3:09pm On Jan 03, 2017
pipsdude:
simple! Correlation! use one NEWS to trade another.
Re: Forex Trade Alerts Season 17 by pipsdude: 3:12pm On Jan 03, 2017
wamiikechukwu:



I really dont want to teach here cause of pleanty talk, but I'll give 1 or 2 examples then go and do your home work.
Stay tuned and think.
Re: Forex Trade Alerts Season 17 by DoroBad: 3:12pm On Jan 03, 2017
VeeVeeMyLuv:

my broda it is very possible with discipline.
if you don't understand what it is happening, it is better to leave the market for a while. for example, a wise person will stay away from the market tomorrow due to FOMC.

I trade with pending orders. if i have open trades during high volatility news, i dont touch them. i'll only close the pending orders because brokers increase the spread. Alpari spread on eurusd during volatile news is 15 pips
Re: Forex Trade Alerts Season 17 by DoroBad: 3:18pm On Jan 03, 2017
wamiikechukwu:


Too me its not, its easier.
well, I trade with indicators. . . Custom indicators
Re: Forex Trade Alerts Season 17 by pipsdude: 3:34pm On Jan 03, 2017
wamiikechukwu:



First lets look at PPI fundamental indicator.
We are looking for a Fundamental correlation by using one economic indicator to help us identify the possible outcome of another economic indicator.
eg: If we know that the CPI and PPI are directly correlated. We simply use the one that comes out first to help us predict the outcome of the one that comes out second. In this case PPI comes out before the CPI.
PPI(producers price index) CPI(consumers price Index) These two indicators are extremely correlated.As a result,a high PPI will affect market sentiments towards a high CPI. A lot of traders are just waiting on the PPI to trade the CPI. So if they get a better that expected PPI release,then they would trade a better than expected CPI release and if they get a worse than expected PPI release,they trade a worse than expected CPI release.
PPI relates to the cost producers pay to manufacture goods and services, while the CPI relates to how much these good and services cost consumers. Here you can see the direct correlation that PPI and CPI have.If a producer is paying more to produce his goods and services,he is going to in return charge consumers more for those goods and services. Thats the direct correlation. Remember the PPI is released before the CPI,so you can get an idea of what to expect from the CPI.

Most news are correlated. Hope you understand and if your still interested lets know... other things to do.

[i][/i]DISCLAIMER: [i][/i]anything written by Pipsdude is for entertainment purposes. Pipsdude does not give financial advise,and is not responsible for anyones trading decisions.

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Re: Forex Trade Alerts Season 17 by teemy(m): 4:06pm On Jan 03, 2017
green - balance at beginning of 13 periods(month) i.e after 12th month
red - percentage aimed to aquire as profits within a period
blue - initial balance
pink - risks in percentages of account balance
aqua - lot sizes depending on corresponding risks
gray - pip targets for the period to achieve profit per period

Image removed*
Re: Forex Trade Alerts Season 17 by teemy(m): 4:22pm On Jan 03, 2017
DoroBad:
SL is a demon. I avoid demons
tongue in cheek, heart in mouth.

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Re: Forex Trade Alerts Season 17 by teemy(m): 4:23pm On Jan 03, 2017
pipsdude:

DISCLAIMER: anything written by Pipsdude is for entertainment purposes. Pipsdude does not give financial advise,and is not responsible for anyones trading decisions.
grin
Re: Forex Trade Alerts Season 17 by pipsdude: 4:26pm On Jan 03, 2017
teemy:
grin
due process!

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Re: Forex Trade Alerts Season 17 by pipsdude: 4:31pm On Jan 03, 2017
wamiikechukwu:



Just like the PPI and CPI, we trade the news that comes out first base on the correlation it has with the news that is coming out next.
People make a lot of money from this one.
With Retail Sales and GDP. What a lot of traders do,is they wait for the retail sales to trade the GDP . You know the GDP comes out on a quarterly basis.Retail Sales comes out every month.They use the retail sales for the past 3 months to help them predict the GDP results for those 3 months. If you get better than expected retail sales for those 3 months,you can expect High GDP for those 3 months. The same goes ,if you have poor retail sales for those 3 months,as in extremely low retail sales,you can expect a low GDP. Remember,higher GDP means better economy,and retail sales makes up about 70% of the market and for most countries the data is released monthly.So we can get a sense of what to expect for GDP from earlier.
Extra data. Unemployment, jobless claims,unemployment rate.This things affect retail sales. If we have poor jobs data and high unemployment claims,you can expect a poor retail sales. If less people are employed,they are less consumers because less people to buy things.

DISCLAIMER: anything written by Pipsdude is for entertainment purposes. Pipsdude does not give financial advise,and is not responsible for anyone's trading decisions.

1 Like

Re: Forex Trade Alerts Season 17 by DoroBad: 5:06pm On Jan 03, 2017
120 to 125 usd today.

Gbpusd and gbpaud sell orders have been executed and completed. . .


IT ...... HAS ...... BEGUN!!! grin cool

Re: Forex Trade Alerts Season 17 by DoroBad: 5:07pm On Jan 03, 2017
Close all pending orders. . . We are done for today. See you tomorrow.
Re: Forex Trade Alerts Season 17 by Sunnycliff(m): 6:09pm On Jan 03, 2017
pipsdude:

I believe you are experienced.

This is my ninth year in forex

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