Forex Trading Alerts - Season 16 - Business (271)

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Re: Forex Trading Alerts - Season 16 by Nobody: 1:11pm On Aug 20, 2016

JLINE:
#copied

The 5 Steps to becoming a trader

,,.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,..............,.,,,,,,,,,,,,,,,,,,,,,,,....................................,........................................,,,,,,,,,,,,,,,,,,
SHALOM

NIECE PIECE U GOT THERE.
LET ME ADD MY QUOTA,
I HAVE SAID IT SEVERAL TIMES THAT FOREX MARKET IS UNPREDICTABLE BROAD, WIDE AND VERY DANGEROUS, AND ONLY THE FIGHTERS WILL HAVE SUCCESSFUL RUN OVER TIME. I HAVE DISCOVERED A NICHE, AN EDGE AND A WAY THAT SUITS MY TRADING STYLE LONG A GO. I WISH EVERYONE THAT STILL STRUGGLING DO THE SAME.

I WONT SAY MUCH, BUT PLEASE, IF YOU ARE STILL A LEARNER (WHICH I BELIEVE MAJORITY OF US HERE ARE), GO TO THIS THREAD. IT IS ONLY LIKE 17 PAGES, ( BETTER THAN LOOKING FOR TONTO DIKES FRONT PAGE STORIES). IF YOU ARE REALLY SERIOUS AND WANT BETTER LEARNING CURVE TO DISCOVER YOUR SELF, TAKE TIME TO READ AND NOTICE WHAT IS COMMON IN THAT ARGUMENT. IT WILL HELP YOUR RE-ORIENTATION AND THE WAY YOU SEE THE MARKET

http://www.forexfactory.com/showthread.php?t=587862

YOU WILL DISCOVER SOME GREAT, SECRET WEAPON OF SUCCESS FROM THE ARGUMENTS BEING CREATED. SOME OF THIS TOP TRADERS HAVE HUNDREDS THOUSANDS ACCOUNTS IN $$$ AND OTHER CURRENCIES. IT IS UNCOMMON SEEING SUCH OF THEM CONTRIBUTING LIKE THIS.LEARNING FROM THEM IS NOT A BAD THING. HAVE A WONDERFUL WEEKEND....

1 Like

Re: Forex Trading Alerts - Season 16 by JLINE(m): 1:38pm On Aug 20, 2016

priceaction:

NIECE PIECE U GOT THERE.
LET ME ADD MY QUOTA,

http://www.forexfactory.com/showthread.php?t=587862
YOU WILL DISCOVER SOME GREAT, SECRET WEAPON OF SUCCESS FROM THE ARGUMENTS BEING CREATED. SOME OF THIS TOP TRADERS HAVE HUNDREDS THOUSANDS ACCOUNTS IN $$$ AND OTHER CURRENCIES. IT IS UNCOMMON SEEING SUCH OF THEM CONTRIBUTING LIKE THIS.LEARNING FROM THEM IS NOT A BAD THING. HAVE A WONDERFUL WEEKEND....

nice thread you posted.... you self na badt guy grin

all this info when you dey drop one one so

Re: Forex Trading Alerts - Season 16 by Nobody: 2:00pm On Aug 20, 2016

JLINE:

nice thread you posted.... you self na badt guy all this info when you dey drop one one so

YES O bro. i cant just stop learning and keep exploring. I have a two/three year target which it is on motion. It is my aim and target. So i still check top info i can see around ,,if am on course or not so that i wont be caught on aware because in this game, top traders change the rules without you knowing, and you have to explore what they have by pushing certain questions to them. It is such a thread you can see some secret weapon and game changer you are not aware of.
One of my accounts, my aim is just crazy 10% weekly gain, then keep compounding. It has been interesting movements and success. I trade as a sniper on that account. I just trade majorly GU and ger30 (your friend), and scantily EU. Where i am wounded on GU, ger30 comes to the rescue in due time and vice versa. This week trading alone was 17%+ because of little extra trading of yesterday. My little trick is that, i always aim to double my account without over trading within 2 months, withdraw the profit to open another account, then keep trading them together to achieve my 2 year plan. I have learnt my lessons enough in this market. i dont want costly but avoidable mistakes again. I dont want to be depositing into my account again, i want to be withdrawing from it, which is the aim of trading. This comes to finding the true edge and what works for you, stick to it if need be and pursue it with all what you gat.
HAppy weekend. grin

Re: Forex Trading Alerts - Season 16 by jorel1(m): 2:02pm On Aug 20, 2016

Sometimes I wonder when one will stop learning in forex , is it when you die?? grin

someone who claims to have been trading for 10 years still learning ..
At least to be a very sound engineer , you get a Bac+masters in 5 years + PhD in 3 years thats a total of 8 years.. and you are an expert in your field ...
If after trading 8 years and you still learning then I must say its either there is something wrong with your head thus having problems with understanding and its very likely such a person either didnt do very well in school or probably never had a higher education .
Moreso there are other kinds of people , the so called AKA GUM , who always try to be too smart and conservative and never want to lose 1 kobo of their money, always scared of losing money.
If you find yourself in any of these category bolded above, you need to quit trading .. its not for you...
8+ years of trading you supposed to have seen it all both the indicator trading, basket trading cheesy

, long term , scalping , news trading (none of these should be new for you anymore) etc , the good bad and the ugly side of trading ..
The 8 years mention is actually an exaggeration , it should be 5 years top grin

okay if you are a stark illiterate probably I can understand 8-10 years . .. but common this is like 15% of ones life span..
To all those concerned try to settle all your carry overs and graduate as soon as possible cheesy

life is too short to remain an everlasting student cheesy

4 Likes

Re: Forex Trading Alerts - Season 16 by cardinal1: 2:12pm On Aug 20, 2016

Greetings to the house. I am a newbie in fx and am currently learning but came across this concept of copy trading. Can anyone advise me on it

Re: Forex Trading Alerts - Season 16 by Nobody: 2:13pm On Aug 20, 2016

jorel1:
Sometimes I wonder when one will stop learning in forex , is it when you die?? someone who claims to have been trading for 10 years still learning ..
At least to be a very sound engineer , you get a Bac+masters in 5 years + PhD in 3 years thats a total of 8 years.. and you are an expert in your field ...
If after trading 8 years and you still learning then I must say its either there is something wrong with your head thus having problems with understanding and its very likely such a person either didnt do very well in school or probably never had a higher education .
Moreso there are other kinds of people , the so called AKA GUM , who always try to be too smart and conservative and never want to lose 1 kobo of their money, always scared of losing money.
If you find yourself in any of these category bolded above, you need to quit trading .. its not for you...
8+ years of trading you supposed to have seen it all both the indicator trading, basket trading , long term , scalping , news trading (none of these should be new for you anymore) etc , the good bad and the ugly side of trading ..
The 8 years mention is actually an exaggeration , it should be 5 years top okay if you are a stark illiterate probably I can understand 8-10 years . .. but common this is like 15% of ones life span..
To all those concerned try to settle all your carry overs and graduate as soon as possible life is too short to remain an everlasting student

well bro, if you think you can know everything in price movement or fx, i think you may be wrong. Even in school, despite the fact that you have all the certificates, there are some jobs you may not do with that of your experience. The market is very dynamics and require updates to keep you in track. 10 years ago, you can predict a trend and be accurate many of the time, but now a days, it is difficult. That is why i posted that link up , at least, it can help someone. Dont tell me that you havent change your strategies in the past 1 year? why? it is part of learning, as you are trying something that will work, if you find what works for you, good, you still learn to keep you in track.
IMHO, learning is continous, even if you have an overall edge. At least, you will know new thing. Even professor in school keep learning. The day you stop learning, then, you are as good as dead.
cheers

2 Likes

Re: Forex Trading Alerts - Season 16 by Nobody: 2:31pm On Aug 20, 2016

excerpts from http://www.forexfactory.com/showthread.php?t=587862&page=8 POST NUMBER 320 BY CAT... only the humble will see sense in it, too know is what is killing a lot of account and traders....

Referring back to your original comment about there being "something missing", there will always be something missing, as I'm sure was your implication. Trading is and can never be a game of perfect. I have had plenty of ' Eureka ' moments along the way, but the more I learnt, the fewer they became as I realized that such moments are like the false summit when you are climbing a mountain - you think you're at the top only to find out as you reach the crest that the next summit is way off in the distance, only with trading, you never reach the summit because there isn't one, you can only climb higher and higher.

All we can do is, as the cliche goes, ' put the odds in our favour ', and in trading terms this is the ' edge' that we must have so as to come out ahead at the end of the day, week, month, year etc. This is the hardest part, because we have to learn to internalize our losses, to view them in the same way we view all our other expenses, whether it be paying bills, taxes or merely buying food, and just as we don't walk out of the supermarket feeling deflated and depressed because we have just spent whatever on the week's shopping ( we may do of course, especially if the wife and kids have added 40% to the bill by throwing expensive luxuries into the basket every thirty seconds!) so must our losses be detached from any form of emotional response.

I can only speak personally, but for me the real turning point, by which I mean that period of time where I was able to completely concentrate on my trading for a living, was when I had fully accepted that to win well, I had to lose well. I believe anyone, if they hang in there long enough, can learn enough about the markets to give themselves a concerted edge - that ability to read price movement to the point where trading opportunities can be identified and acted upon. However, in this lies an important paradox, because it is these losses which prevent the majority of traders from getting to where they need to be, for no one likes to lose, life teaches us this, and these losses are personalized and allowed to sabotage our trading performance.

The secret to trading then, just perhaps, is not just learning to trade with momentum on your side or learning to identify when price is about to break out of its range, it is the ability to put on the next trade irrespective of the result of the last one, and to keep on doing it trade after trade. Few can do this. Few of us can truly accept the enormity of our own fallibility. We want to be special, to be the person that can see what others can't, to do something that actually can't be done, which is to master the markets, when in fact all we have to do ultimately is master ourselves as traders and learn to take advantage of the numerous opportunities the markets present us with.

It is so simple, and yet, it is perhaps the most difficult thing any of us have ever attempted to do.

I can't remember where I read it, but a quote that stuck in my mind was " to trade well, you have to become something you are not". This is so true.

Re: Forex Trading Alerts - Season 16 by Edd1e(m): 2:41pm On Aug 20, 2016

Everything is actually everything else, just recycled.

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 4:16pm On Aug 20, 2016

zenith7:

I placed my trades at the levels marked with the check sign with my TP at the levels marked with the stop sign but I exited at the thumb down levels.

Hello Mate,
Firstly you had a good trade going. There are more exit on your chart but I would speak on where you should have possibly exited the market.
Try to hit singles and not home run,

Do be advise I trade conservatively, grin

Here are your two trades,

IMHO though, hope this helps?

The pros in the house could also possibly help shed more insight in your trades

what happened to our Ghanaian buddy prettyboey and pipsbasketing, they sure would have had a wonderful insight in matters on H4 (swing trading)

Happy Weekend,

Regards,
EF

1 Like

Re: Forex Trading Alerts - Season 16 by zenith7(m): 9:45pm On Aug 20, 2016

Feshizzy:

Hello Mate,
Firstly you had a good trade going. There are more exit on your chart but I would speak on where you should have possibly exited the market.
Try to hit singles and not home run,

Do be advise I trade conservatively,

Here are your two trades,

IMHO though, hope this helps?

The pros in the house could also possibly help shed more insight in your trades

what happened to our Ghanaian buddy prettyboey and pipsbasketing, they sure would have had a wonderful insight in matters on H4 (swing trading)

Happy Weekend,

Regards,
EF

Thank you Mr. Feshizzy for your helpful insights. With your help I have realized where i went wrong.

1. I didn't take note of the support zones you highlighted maybe because I marked mine from the Daily TF.

2. My lack of knowledge on how to use trendlines maybe the reason I am fearful on the slightest occurrence of retracements (can you tutor me on that?).

Thank God this is not my main live account. Just following the advise of a friend who told me not to jump straight to live account with huge capital that it would do me good to start with a capital that I can afford to lose just to master my strategy and emotions that rarely comes from demo trading.

Re: Forex Trading Alerts - Season 16 by Truth234(m): 4:49pm On Aug 21, 2016

Forex Weekly Outlook August 22 – 26

Global financial markets reacted to comments from US senior Fed officials last week, after a report shows a healthy manufacturing sector with 0.7 percent increase in industrial production and 0.5 percent surge in manufacturing output with a capacity utilization rate of 75.9 percent — the highest since December 2014.

Although, consumer prices came out flat at 0.0 percent as expected, building permits remained moderate with a resilient labor market (unemployment claims of 262,000). This week, investors are looking to an annual meeting of central bankers from around the world in Jackson Hole, Wyoming, at which Fed Chair Janet Yellen is scheduled to speak, for clues on the course of monetary policy. A hawkish outlook will strengthen the dollar as investors are expected to price in the likelihood that the Federal Reserve will raise interest rates in the second half of the year.

http://investorsking.com/forex-weekly-outlook-august-22-26/

1 Like 2 Shares

Re: Forex Trading Alerts - Season 16 by currentprice: 7:13pm On Aug 21, 2016

Pipsbasketing:
How far, my unseen friends in the world of FX...........landed yesterday.

Currentprice, have you returned from your last mentioned holiday? If yes, Shey na Lag? If yes, make we spot at a predetermined place.

Cheers

holiday continue till 2nd week of October brother grin

you know what, I miss nothing grin

I carry my office ^"lappy" along with me grin

2 Likes

Re: Forex Trading Alerts - Season 16 by boyafx(m): 9:30pm On Aug 21, 2016

jorel1:
Sometimes I wonder when one will stop learning in forex , is it when you die?? someone who claims to have been trading for 10 years still learning ..
At least to be a very sound engineer , you get a Bac+masters in 5 years + PhD in 3 years thats a total of 8 years.. and you are an expert in your field ...
If after trading 8 years and you still learning then I must say its either there is something wrong with your head thus having problems with understanding and its very likely such a person either didnt do very well in school or probably never had a higher education .
Moreso there are other kinds of people , the so called AKA GUM , who always try to be too smart and conservative and never want to lose 1 kobo of their money, always scared of losing money.
If you find yourself in any of these category bolded above, you need to quit trading .. its not for you...
8+ years of trading you supposed to have seen it all both the indicator trading, basket trading , long term , scalping , news trading (none of these should be new for you anymore) etc , the good bad and the ugly side of trading ..
The 8 years mention is actually an exaggeration , it should be 5 years top okay if you are a stark illiterate probably I can understand 8-10 years . .. but common this is like 15% of ones life span..
To all those concerned try to settle all your carry overs and graduate as soon as possible life is too short to remain an everlasting student

With your immense knowledge you should be a billionaire now as you have learnt everything about the market

1 Like

Re: Forex Trading Alerts - Season 16 by currentprice: 10:04pm On Aug 21, 2016

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 10:10pm On Aug 21, 2016

boyafx:

With your immense knowledge you should be a billionaire now as you have learnt everything about the market

I agree completely,
He should have mastered the act of trading with no single loss.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 10:14pm On Aug 21, 2016

Re: Forex Trading Alerts - Season 16 by jorel1(m): 11:01pm On Aug 21, 2016

boyafx:

With your immense knowledge you should be a billionaire now as you have learnt everything about the market

Honestly There is nothing more to learn, just same old stories recycled over and over again.. after trading 5 years you only need one month in that 5 years to learn the basics... you tell me what happened to the remaining 4.5 years cheesy

just like the policeman quoted above, you ought to have mastered the art of trading during this period but mastering the art also means you now know you can't avoid the losses but be able to accept and manage it efficiently.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:10pm On Aug 21, 2016

LOL...LAWKMD "police man" ...lol

Re: Forex Trading Alerts - Season 16 by fxbomovi: 11:17pm On Aug 21, 2016

i dont know why we keep blowing things out of proportion. Theres nothing new in forex. Same old stories, thats the reason why some folks say that forex trading is boring.

Re: Forex Trading Alerts - Season 16 by Nobody: 11:22pm On Aug 21, 2016

Pls am new to forex trading..... If I should start with $100, how much can I make as a Profit per day?

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:26pm On Aug 21, 2016

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 11:28pm On Aug 21, 2016

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:32pm On Aug 21, 2016

bought nu...tp 50pips stop at 20pips. scalp things,trade at traders risk.

Re: Forex Trading Alerts - Season 16 by Nobody: 11:40pm On Aug 21, 2016

Re: Forex Trading Alerts - Season 16 by Nobody: 11:42pm On Aug 21, 2016

Surdycole2:
Pls am new to forex trading..... If I should start with $100, how much can I make as a Profit per day?

No one to answer my question?

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 11:43pm On Aug 21, 2016

Surdycole2:

No one to answer my question?

Go learn about forex from babypips site,
and firstly concentrate on how much you are willing loose.

To be honest $1 a day is fare,
That's 1% of your account for starters.
And if you do well enough that $20 in a month also 20%.

That's using a lot size of 0.01 on a standard account
And
0.1 on a mini account.

Be advised trading forex comes with risks.

It might seen a rather small amount, but believe me compounding that amount in 12 months will wow you.

Regards,
EF

Re: Forex Trading Alerts - Season 16 by fxbomovi: 11:44pm On Aug 21, 2016

Surdycole2:
No one to answer my question?

as much as you can.

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 11:45pm On Aug 21, 2016

Good Morning Beautiful People,

My Money is on short ing USDCAD @1.2877 TP= 30 pips

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:53pm On Aug 21, 2016

Feshizzy:
Good Morning Beautiful People,

My Money is on short ing USDCAD @1.2877 TP= 30 pips

watch your sell... .2872 not sure if price will go below there. probably though.

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 12:00am On Aug 22, 2016

JLINE:

watch your sell... .2872 not sure if price will go below there. probably though.

Thanks mate,
I just opened my other chart as saw a pivot below my entry,

I would have to babysit this trade and see how it goes.

BTW I saw ur buy on NU it is currently ranging.

Happy pipping and New Week.

Regards,
EF

Re: Forex Trading Alerts - Season 16 by Nobody: 12:03am On Aug 22, 2016

Feshizzy:

Go learn about forex from babypips site, and firstly concentrate on how much you are willing loose.

is there any possibility to lose all my $100 to $0?

Re: Forex Trading Alerts - Season 16 by fxbomovi: 12:08am On Aug 22, 2016

Surdycole2:
is there any possibility to lose all my $100 to $0?

“I am concerned that too many people
are focused too much on money and not
on their greatest wealth, which is their
education.'

get education first, by then, u will be able to answer this question ursele

1 Like

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