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Forex Trading - Season 15 - Business (153) - Nairaland

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Re: Forex Trading - Season 15 by Nobody: 4:31pm On Jun 05, 2015
Thanks my dear, it took me 7(seven)CONSECUTIVE years to develop that HOLY GRAIL TRADING STRATEGY. The result is amazing and it's worth the effort.
docus:
@iheanyiebeneze, bravo bro, i like the flexibility of ur system.

we traders should design a system that is flexible with the market cuz of its dynamics. if u have not done that then u still have a lot of work to do.
Thats my contact.<nostupor@yahoo.com>08039469395
Re: Forex Trading - Season 15 by Nobody: 5:14pm On Jun 05, 2015
Volume gone, market closed till monday.
Yes, next week is market.
More days more pips...

1 Like

Re: Forex Trading - Season 15 by ab3458(m): 5:48pm On Jun 05, 2015
Hey gurus in the house!! Please was your take able Forex robots, I saw one that my brother bought (Forex stream) and can be used with any broker and it emphasis is on the usd/euro pair. But he is still trading demo with it sha and it's making crazy money. I don't know if anyone knows about this robot here or has any information about it. Because it's got great reviews on Forex robot nation!! Thanks as I anticipate your responses
Re: Forex Trading - Season 15 by sympathy55(m): 6:07pm On Jun 05, 2015
Naked is the way. grin grin grin grin

Re: Forex Trading - Season 15 by sympathy55(m): 6:09pm On Jun 05, 2015
Pure price Action

Re: Forex Trading - Season 15 by sympathy55(m): 6:11pm On Jun 05, 2015
Just passing guys grin grin grin
Re: Forex Trading - Season 15 by Nobody: 6:26pm On Jun 05, 2015
iheanyiebeneze:
Thank GOD for those ups and down,i make more money because of the too much ups and downs. i will quit this market if there are no ups and down. Naira vs Dollar will be #230 in the next six months.

On the short run, it make someone feel like he's making money but on the long run no money is been made.
Re: Forex Trading - Season 15 by Cul4real(m): 4:29pm On Jun 06, 2015
naijababe:

Not a bad idea but do your due diligence

@ thread, I bought EA again, 100 pips sl and sold GJ 100 pips sl. I am propably going to take that GJ into next week but have set tp on EA to 14800
Thank you Ma.
Re: Forex Trading - Season 15 by hamilton62(m): 5:51pm On Jun 06, 2015
xTerses:


On the short run, it make someone feel like he's making money but on the long run no money is been made.
exactly dear, that was what i thought when i was learning the efficiency of outs an ins to the let-the-market-run its course now i use

Re: Forex Trading - Season 15 by Nobody: 7:39pm On Jun 06, 2015
Thats when you are trading Forex as a gambler, but when you trade Forex as a business, you make more money on the Long run.
xTerses:


On the short run, it make someone feel like he's making money but on the long run no money is been made.
Re: Forex Trading - Season 15 by hamilton62(m): 9:33pm On Jun 06, 2015
iheanyiebeneze:
Thats when you are trading Forex as a gambler, but when you trade Forex as a business, you make more money on the Long run.
brother, yes there are gamblers in the FX business but i doubt this because i have personally tried it and even see me enriching the broker at long run than my balance...
You can only have more if you are on a particular position and decide to take some pips from the reversal...
Re: Forex Trading - Season 15 by Cul4real(m): 9:57pm On Jun 06, 2015
iheanyiebeneze:
Thats when you are trading Forex as a gambler, but when you trade Forex as a business, you make more money on the Long run.
You are alway gives inestimable advice, Kindly talk to me again on my case. I am thinking of employ a forex trading manager to trade for me (at the same time to follow its strategy while trading) on the next deposit into my forex account after i have lose twice. Thanks.
Re: Forex Trading - Season 15 by hamilton62(m): 10:39pm On Jun 06, 2015
Re: Forex Trading - Season 15 by hamilton62(m): 10:45pm On Jun 06, 2015
osagiemi:
Pls house is it advisable to start forex trade with 200 dollars. I'm a beginner and wanna go into forex.
have you demo traded before and have a working trading plan?
if yes is the answer i will tell you that you are good to goo because mine made 1380 in two months with $170...
Re: Forex Trading - Season 15 by amolak: 11:25am On Jun 07, 2015
sympathy55:
Naked is the way. grin grin grin grin
Ride on bros, it is ur time. good thing about forex is that, there is no limit to amount you can make. put more light on it.
Re: Forex Trading - Season 15 by pman06(m): 11:39am On Jun 07, 2015
sympathy55:
Pure price Action

What links or sources can you advise someone who is interested in learning trading nake.
Re: Forex Trading - Season 15 by prof2015(m): 2:00pm On Jun 07, 2015
pman06:


What links or sources can you advise someone who is interested in learning trading nake.
www.babypips.com
Re: Forex Trading - Season 15 by sympathy55(m): 6:51pm On Jun 07, 2015
amolak:
Ride on bros, it is ur time. good thing about forex is that, there is no limit to amount you can make. put more light on it.
thanks man its just hardwork smiley
Re: Forex Trading - Season 15 by sympathy55(m): 6:54pm On Jun 07, 2015
pman06:


What links or sources can you advise someone who is interested in learning trading nake.
check forxfactory and search for fxgroup thread. i will drop the link later.
Re: Forex Trading - Season 15 by Nobody: 8:22pm On Jun 07, 2015
Make sure you have information about his or her trade history either demo or live account, check his or her drawdown and weekly or monthly target, check his risk appetite, ensure he has a SOUND TRADING STRATEGY and finally his Repeatability Coefficient. If these parameters are sound and convincing, then you go ahead and make sure you learn his trading strategy as he or she trades.
Cul4real:
You are alway gives inestimable advice, Kindly talk to me again on my case. I am thinking of employ a forex trading manager to trade for me (at the same time to follow its strategy while trading) on the next deposit into my forex account after i have lose twice. Thanks.
Remember, Forex is not a quick money making machine. Trade it like you do other business.
The main problem of many traders is GREED. You invested for instance $5,000. and you trade 2.0 lot size, and you want to make $1000 within two days, thats greed for a newbie trader, but for the professionals like us its possible. You can target 10% profit in a month as a newbie, and grow your profit percentage. Some of us even make 25% on weekly basis sometimes. The DISCIPLINE to maintain it regularly is also very important as a trader.
Meanwhile, i will advice every Fore trader to develop a sound trading strategy before you trade live account.
Even if you trade with ordinary FRESH RSI 70%(overbought) you sell and 30%(oversold) you buy and take profit of 50pips, rrr=1;1 and trade with 0.10 lot size for a $1000 for instance, you will hit 10% profit on monthly basis.
Make sure your trading strategy is working very well on your demo account before you bring it to live account.


Thanks my penpal Cul4Real
Re: Forex Trading - Season 15 by Nobody: 8:23pm On Jun 07, 2015
Weekly Forex trading analysis in progress.
Re: Forex Trading - Season 15 by Nobody: 8:33pm On Jun 07, 2015
You must make sure your profit is more than $5(0.10 lot standard account) on each trade and believe me you, your balance will be higher than what the broker takes from you as SPREAD. My broker takes less than $2 as spread on EU. http://www.forextime.com/?partner_id=4900129 am happy i make more money from the market than what my broker takes as spread. Thats business.
hamilton62:

brother, yes there are gamblers in the FX business but i doubt this because i have personally tried it and even see me enriching the broker at long run than my balance...
You can only have more if you are on a particular position and decide to take some pips from the reversal...
Re: Forex Trading - Season 15 by Nobody: 8:55pm On Jun 07, 2015
This will help someone.
GREEK EXIT FROM EUROPE. "Grexit"

There was an article just last week that showed 30% of traders are so young that they’ve never experienced anything other than near-zero interest rates.

It got me thinking – what percentage of traders never experienced the markets before the word ‘Grexit’ was coined, back in February 2012?

The threat of the Grexit has been hanging over Europe for so long, but could this really be the endgame we’re moving into?

There are plenty of people out there who’ll predict outcomes for you…
Scenario A: Greece leaves the euro, emboldening anti-austerity parties across Europe.
Scenario B: Greece caves into austerity (looking less likely, given the ‘never surrender’ stance they’re taking).

Scenario C: Continue patching up the euro with Sellotape … bridging finance … promises of economic reform … kicking the problem into the long grass.

And plenty who’ll tell you what each will mean in terms of the move on the EURUSD.
Problem is that there’s no way of knowing what’s already priced into markets … and volatility leaves anyone relying on stop losses very vulnerable. So, while markets are this skittish, how can we safely make money?

4 ways to protect yourself from the possibility of a Grexit

1. Go with the flow Increased volatility doesn’t mean you have to increase your tolerance to risk. Know your limits, and stick by them. Consider widening your trade parameters (but not your risk levels). Keep an eye on the average daily range and how this is changing – it could be wise to increase your stop limits and targets accordingly, but remember this must go hand-in-hand with reduced stakes.

If you widen your stop loss, you must reduce your stakes accordingly.

2. Protect, protect, protect The most important thing a trader has isn’t their knowledge of the market … or their winning strategy … it’s their trading fund.

And you need to protect it ferociously. It may (and should) be money you can afford to lose, but treat it like it’s your grandmother’s savings.

The simplest way to close ranks in turbulent trading times is to reduce staking levels. (Remember, if you’re widening stops, you’ll need to do this anyway, just to keep the same risk.) But cutting your risk in half would be a very valid approach when there’s considerable uncertainty in the markets.
Another way to protect your trades is with hedging, rather than relying on stop losses. In volatile times, stop losses really show their weaknesses. This is where a carefully matched hedge will give you far more security.

3. Catch up on housekeeping … If you’ve taken a step back from the markets, then it’s the perfect opportunity to do some housekeeping.

4. Discover the Asian session Less volatility … more predictable periods of activity … and perfect for night owls … The Asian session is the Cinderella of the forex timezone and well worth a look if trading later in the day suits you.


Till next week.
Hit like if this helps you.

3 Likes

Re: Forex Trading - Season 15 by Cul4real(m): 8:57pm On Jun 07, 2015
iheanyiebeneze:
Make sure you have information about his or her trade history either demo or live account, check his or her drawdown and weekly or monthly target, check his risk appetite, ensure he has a SOUND TRADING STRATEGY and finally his Repeatability Coefficient. If these parameters are sound and convincing, then you go ahead and make sure you learn his trading strategy as he or she trades.
Remember, Forex is not a quick money making machine. Trade it like you do other business.
The main problem of many traders is GREED. You invested for instance $5,000. and you trade 2.0 lot size, and you want to make $1000 within two days, thats greed for a newbie trader, but for the professionals like us its possible. You can target 10% profit in a month as a newbie, and grow your profit percentage. Some of us even make 25% on weekly basis sometimes. The DISCIPLINE to maintain it regularly is also very important as a trader.
Meanwhile, i will advice every Fore trader to develop a sound trading strategy before you trade live account.
Even if you trade with ordinary FRESH RSI 70%(overbought) you sell and 30%(oversold) you buy and take profit of 50pips, rrr=1;1 and trade with 0.10 lot size for a $1000 for instance, you will hit 10% profit on monthly basis.
Make sure your trading strategy is working very well on your demo account before you bring it to live account.


Thanks my penpal Cul4Real
Many thanks my Boss.
Re: Forex Trading - Season 15 by Nobody: 9:04pm On Jun 07, 2015
I got this email from forextime

Hit this link http://www.forextime.com/?partner_id=4900129 to register


Join the Ultimate Course in Trading the Markets in Nigeria!

Hi Iheanyi Ebenezer,
Don’t miss your chance to attend 'The Ultimate Course in Trading the Markets' with visiting FX expert and educator, Professor Andreas Thalassinos!

This FREE 4-hour training course, sponsored by FXTM Nigeria, will take place in Abuja and Lagos. You can learn more and register below:

Abuja - 11th June, 2015 - Learn more / Register
Lagos - 13th June, 2015 - Learn more / Register
Demand will be high for this very special event and availability is limited, so register now to guarantee your place!

About Professor Andreas Thalassinos

Professor Thalassinos is a highly-experienced technical analyst and educator whose trading systems and strategies have been used successfully by traders and financial institutions across the globe. For the first time ever, Professor Thalassinos is visiting Nigeria to teach FXTM Nigeria clients how to develop effective trading strategies, minimise their exposure to risk and maximise their trading performance.

1 Like

Re: Forex Trading - Season 15 by Nobody: 9:13pm On Jun 07, 2015
You are highly welcome my penpal
Cul4real:
Many thanks my Boss.
Re: Forex Trading - Season 15 by fxstory(m): 9:44pm On Jun 07, 2015
osagiemi:
Pls house is it advisable to start forex trade with 200 dollars. I'm a beginner and wanna go into forex.
you are good to go with it.this way you test the waters to see how it feels trading live.although i would advice you start with an amount you can afford to lose without getting frustrated and also make sure you have it at the back of your mind that the money is already lost before you make the deposit.guess you have also learnt some forex trading technicals else i would advice you do some digging at babypips to feed yourself from the school
Re: Forex Trading - Season 15 by needinfo: 10:12pm On Jun 07, 2015
iheanyiebeneze:
Registration is still on... hit this link http://www.forextime.com/?partner_id=4900129 and be part of the Lagos EXCLUSIVE Forex seminar.
you don't need to keep posting your affiliate links in every post you make on this thread.that is not the aim of the thread.your link is good to go on your signature instead of poluting the thread with affiliate links.you pass one information, you go spread your links for the next post. No be so na.lets keep the thread going without all this poo
Re: Forex Trading - Season 15 by jamace(m): 5:19am On Jun 08, 2015
GBP/AUD
SELL @ 2.00494
TP @ 1.97000
SL @ 2.01500

LEGGO!
Re: Forex Trading - Season 15 by endfx1(m): 7:04am On Jun 08, 2015
hmmmmm.... Happy New Month @ Thread

Miss this place... Last month was awesome for me closed +2800pips

Last week closed +1400pips


All trade alerts where posted on FTA whatsapp group.


Surely we will get there....

1 Like

Re: Forex Trading - Season 15 by Nobody: 8:08am On Jun 08, 2015
Thanks for that.
needinfo:
you don't need to keep posting your affiliate links in every post you make on this thread.that is not the aim of the thread.your link is good to go on your signature instead of poluting the thread with affiliate links.you pass one information, you go spread your links for the next post. No be so na.lets keep the thread going without all this poo
Re: Forex Trading - Season 15 by Nobody: 8:22am On Jun 08, 2015
I will sell eu within the next 6hours at 1.1270 for a 50pips take profit.

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