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Re: Forex Trade Alerts: Season 18 by Nobody: 4:27pm On Feb 28, 2018 |
Lets see what the oil news in 3 mins will do to this trade. It was doing over 50pips earlier but doing much much less now.. *****the news just took me out on BE.. Meanwhile I closed my EURGBP manually with a loss. I no just understand how it was making over 30pips and all of a sudden its making a minus. Im not sure how many pips loss, not much I think but combined with the 35pips loss from Eurchf yesterday, mehn thats very humbling. USDCAD buy, Aussie sell be putting smiles of my face..
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Re: Forex Trade Alerts: Season 18 by Nobody: 4:48pm On Feb 28, 2018 |
Forex is not for desperate people , you need money so bad, you need to pay house rent, feed wife and kids, your life depends on it. Please don't come near forex, you will cry blood. Forex is a business and as such, you should treat it like one. Fxwarrior you are looking for shortcut but you shouldn't . Do it the right and proper way. wamiikechukwu: Trading profitable? or albeit struggling to keep afloat? 1 Like
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Re: Forex Trade Alerts: Season 18 by Nobody: 6:10pm On Feb 28, 2018 |
The reason my oil trade didnt make it. Got taken out of BE. Its simple, I shouldnt have taken that trade. I should have stuck with the original plan I had for the trade (Oil) before I updated it. Now the first plan which I call Plan 1 in the chart below is playing out while the Plan 2 is the one that got me out on BE. The plan 1 was, wait for either X1 or X2 trendline to be broken, a retest and then enter. I hope this helps someone/myself inclusive. Plus this is me documenting my trades (trade journal) as I dont actually put pen to paper regarding the trades I take. oBut ne thing is for sure too, since I started posting these charts here.. my trading has improved tremendously. I allows me too see my charts differently. Helping with my impatience, trade managements too. SL/TP,when to enter/Get out and so.. 1 Like
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Re: Forex Trade Alerts: Season 18 by Feshizzy(m): 8:01pm On Feb 28, 2018 |
Tunderr: Bean reactions though |
Re: Forex Trade Alerts: Season 18 by Nobody: 8:16pm On Feb 28, 2018 |
Tunderr: lady, if am trading profitably or albeit struggling to keep afloat or not, i think thats my problem and definitely my business not yours. if you are finding who to pick on, find some one else. [b]THANK YOU |
Re: Forex Trade Alerts: Season 18 by redsox11: 8:33pm On Feb 28, 2018 |
redsox11:I didn't say he meant harm. I'm open to hear others as I mentioned. Shevychen2: Any currency pair can be traded with tight SL, so far you account for the spread. So technically I can enter GBPUSD and set my SL to 3pips, say spread is 1pip commission (so I have a wiggle room of 2 pips ). Yes? Shevychen2: It’s a relative I’ll suppose, few will hit 10pips SL, 20pips SL, or 50pips SL. Wherever you put your stop loss, market can get there. Shevychen2: This is non issue as you can set each trade to 2%, 1% or 0.1% of account. Risk according to each trader risk appetite. |
Re: Forex Trade Alerts: Season 18 by redsox11: 8:35pm On Feb 28, 2018 |
priceaction: Humble and refund bawo? ?? ... I'm one of the few here that usually post my negative trades, including charts. Ps: In one of your posts, you said a particular currency bounce off monthly/weekly resistance/support . But you do know how many times price pass through those resistance/support like knife pass through butter. Close your eyes and draw lines and trend lines on your chart, you will see price reacting to them too, no? It's a relative my brother |
Re: Forex Trade Alerts: Season 18 by redsox11: 8:44pm On Feb 28, 2018 |
You both make good points, I’m actually open to conversation and different perspective. You guys are fixated on the 5 pips SL which is actually not the important part of the idea I’m trying to convey here. Of course I know there is more than one way to skin a cat, so I’m not singing some holy grail. Did you guys notice, only 1 good trade got the account back to ++, so what does this tell you? high WINRATE is overrated if you know what you’re doing. The point is if you can get 40% - 60% - 80% of your trades to breakeven, you most likely got a winning system on your hand even if you don’t know it just yet. What you need to do is make your R:R do the remaining work. Ps: So you don’t have to trade with 5pips stop loss , it can be 20pips or 50pips SL, then you have to increase your target to make for good R:R trade.
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Re: Forex Trade Alerts: Season 18 by Shevychen2: 8:57pm On Feb 28, 2018 |
redsox11: I don't think I would have reacted if I didn't see the 0.4 but ✌️✌️ |
Re: Forex Trade Alerts: Season 18 by Nobody: 6:34am On Mar 01, 2018 |
redsox11: @bolded, you are not telling lies na, thats why anyone using them should understand price action well and price trend. Common sense should tell that person that during strong movements, nothing can stop the price, either trend line, supply/demand , weekly/monthly pivots, whaever.Thats why i said too, anytime price breaks those levels. especially in counter trend, i exit fast for minima loss. Anything can happen in the market. you remind me of a thread on forexfactory, central bank and big players, that uses jst 3pips stop, but entry on 30 seconds chart. so far you know what you are doing, and it workds for you. By the way which broker are you using? Anyway 1 Like 1 Share |
Re: Forex Trade Alerts: Season 18 by Nobody: 8:24am On Mar 01, 2018 |
EURNZD Daily. 1 Like
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Re: Forex Trade Alerts: Season 18 by mirage(m): 9:41am On Mar 01, 2018 |
Hi |
Re: Forex Trade Alerts: Season 18 by Nobody: 11:17am On Mar 01, 2018 |
USDPJY.. Not a clean breakout from the trendline marked x. Waiting for the aftermath of the speech by Feds Chair to see what happens to that pair. ***closed me USDCad with 184pips. Looking at that chart now, im like Nooo. the pair is still heading north. My Aussie trade 90pips now and NZDCHF 0pips now. This NZDCHF pair is too slow, I might just close my eyes and close it with or without profit. 2 Likes 1 Share
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Re: Forex Trade Alerts: Season 18 by Nobody: 12:08pm On Mar 01, 2018 |
NZDUSD 4hrs I think price wants to make a retracement to the area marked X. You can see the supports and also the rejection candle. If it does, most likely there will be a sell from the area marked X to the trendline with multiple . ***As always, this is speculative. Price may go the other way from the prediction. 1 Like
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Re: Forex Trade Alerts: Season 18 by femora007(m): 12:35pm On Mar 01, 2018 |
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Re: Forex Trade Alerts: Season 18 by Nobody: 1:21pm On Mar 01, 2018 |
NZDCHF really f&%king me -27 now.. |
Re: Forex Trade Alerts: Season 18 by Nobody: 1:41pm On Mar 01, 2018 |
Maybe AUDCAD is telling us something, maybe a major sell is coming.. Since it failed to decisively breakout from the area i marked Z.. It pulled back and had a breakout on the 4hrs trendline. The pull back necessitated a breakout on the 4hrs trendline and a retracement which could be a sell signal. Anyone could sell that but i advise a serious precaution. In my case, I will be lurking by the side to see if it will be a break out from the trendline marked X as that is the major major trendline. Breakout of that major trendline would mean a potential 200pips trade..
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Re: Forex Trade Alerts: Season 18 by teemy(m): 3:37pm On Mar 01, 2018 |
tunderr dear, i appreciate your concern as well as valid points raised. he might be the real deal or just another fake but do try to verify the initial 200 pips signal he raised. i can't do it by myself for now due to power constraints. do update me. |
Re: Forex Trade Alerts: Season 18 by Nobody: 8:10pm On Mar 01, 2018 |
teemy: No need to verify anything, it doesn't matter if the 200pips hit target... It's so simple, he is not the "real deal" . How can real deal not have a live account that he is trading from. If I say I dey fly simulated aeroplane online, I dey land and take off fine... Does that mean I'm the real deal? no be crash you dey take play so?? 1 Like 1 Share |
Re: Forex Trade Alerts: Season 18 by Nobody: 8:15pm On Mar 01, 2018 |
wamiikechukwu: Bros don't be angry na.. If you are this emotional , are you sure you can trade forex successfully? Well forex is not for everybody, better channel your energy to your programming or other things. Or give me the winning formula 2 Likes 1 Share |
Re: Forex Trade Alerts: Season 18 by Nobody: 8:18pm On Mar 01, 2018 |
that NZDCHF really f%$ked me. Glad I closed it immediately it touch my trendline else it would have hit my stops which would have been a bigger lose. The pros in the business would say.."cut your lose and let your profits run". Its making some sense to me now. Maybe the clean breakout on UJ is here.. EURNZD, i think it will breakout from the northside.. NZDUSD having the retracement as I predicted. See chart above. I hope it sells afterward. AUDUSD/EURUSD same retracement likely happeningin those pairs too.
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Re: Forex Trade Alerts: Season 18 by teemy(m): 9:34pm On Mar 01, 2018 |
Tunderr:we all know where we came from and what we had to do to get to where we are now dear. |
Re: Forex Trade Alerts: Season 18 by Nobody: 9:56pm On Mar 01, 2018 |
AUDCHF Weekly AUDCHF 4hrs Maybe this is some trade sense. Maybe.. See the 2 trendlines on the weekly chat, then see how it looks when you open same on 4hrs chart.. Plus in the 4hrs, price is at support. Maybe it will shoot up to resistance and even break it. ***Speculation. ****Update. Seems like a breakout to the down side is happening here.. will best be traded next week
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Re: Forex Trade Alerts: Season 18 by Nobody: 10:05pm On Mar 01, 2018 |
As weekend approaches, be mindful of the trade you leave open/carry over to monday (especially Euro pairs) as Italian Election is within this Weekend. Gaps might be experienced at monday open. I have seen that happen in last Election in Germany. Cheers everyone, whishing everyone a happy weekend. |
Re: Forex Trade Alerts: Season 18 by Bolutumiii(m): 6:43am On Mar 02, 2018 |
Good Morning Fx Generals Pls, I like price action type of analysis, nd I need a Fx Mentor , pls who can recommend one, probably on YouTube or here, just with visible trades and high success rate. #Thanks. |
Re: Forex Trade Alerts: Season 18 by Nobody: 10:46am On Mar 02, 2018 |
I think trying to call top and bottom isnt the best strategy for me. I tried to call top on EURCAD and bottom on that AUDCHF but they both f$%ked me. Most of the good trades I got this week are all break out. Breakout, retest and then enter. I notice too, most breakouts follow the overall trend of the market, hence the breakout. The force of the break out will push price to your take-profit. This i notice. I will spend my weekend searching for possible breakout trades. Next week, Im trading more of breakout. My 2 bad trades in the chart.. 1 Like
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Re: Forex Trade Alerts: Season 18 by Nobody: 11:51am On Mar 02, 2018 |
Maybe I got one bottom call right..Maybe. GBBNZD buy but the entry wasnt too go as it had drawdowns. Will really be working on my entries so I have less drawdowns eventually. NZDUSD bringing smiles back to a brother.. both trade, my losss recovery process.. ***That eurcad na bastard..see as e just dey move like say person inject am with steroid.. Meanwhile, EurNZD just brokeout. Will probably be a good trade next week if it retraces. I expect GBPNZD to breakout too, so im probably going to hold the trade over the weekend. 1 Like
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Re: Forex Trade Alerts: Season 18 by Edd1e(m): 12:54pm On Mar 02, 2018 |
@pipnator, nice work u're doing here, keep up the good work, am sure some are learning from ur chart analyses and trades, Happy pipping.. 2 Likes |
Re: Forex Trade Alerts: Season 18 by Nobody: 1:24pm On Mar 02, 2018 |
Edd1e: Thank bro..i do appreciate. ***Some random thoughts. I just wish most of us would be posting here especially the older Gs in the game, so we can collectively learn together. Me, im still a learn and not an old G in trading but posting here, seeing my charts on display/differently has increased my learning process. And maybe, if a lot were posting, maybe someone too maybe have advised me from taking those bad trades after I posted the chart. I post charts too so someone can correct me where im wrong. Forex is a business where you'd wish your enemy is doing same as you. If you were in a USD sell, you'd wish your enemy does the same too because the more sellers, the more price is likely to go in the sell direction. 1 Like |
Re: Forex Trade Alerts: Season 18 by Nobody: 1:32pm On Mar 02, 2018 |
The breakout in these pair looks good.. Would be trade-able next week after a retracement. *****Speculation
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Re: Forex Trade Alerts: Season 18 by Ray1251(m): 2:40pm On Mar 02, 2018 |
Pipnator will join you after my final exams o, keep the good work |
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