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Forex Trading Alerts - Season 16 - Business (319) - Nairaland

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Re: Forex Trading Alerts - Season 16 by mrikay: 7:07am On Oct 17, 2016
JLINE:
CHOICE...

Lol... I am sharpening my cutlass to buy EurCad.... But pls what do u think of NzdCad and also GbpCad?

CC: Pipsbasketing
Re: Forex Trading Alerts - Season 16 by Nobody: 10:47am On Oct 17, 2016
For swing trading (if you want to wait for about 2-3 days to know you are on the wrong side and 5-15 days to take profit if you are on the right side), I would say you should not buy any of the pairs yet as they are not yet ripe. Wait until about Wednesday to take action.

Success


mrikay:


Lol... I am sharpening my cutlass to buy EurCad.... But pls what do u think of NzdCad and also GbpCad?

CC: Pipsbasketing
Re: Forex Trading Alerts - Season 16 by JLINE(m): 1:10pm On Oct 17, 2016
mrikay:


Lol... I am sharpening my cutlass to buy EurCad.... But pls what do u think of NzdCad and also GbpCad?

CC: Pipsbasketing
don't buy gbpcad,the reason being oil is bullish...cad and oil are or should be the same.
same reason i won't buy nzdcad,if you see a weakness in oil then buy.
i will answer you thus with a oil chart,price should re-touch 51.66 and then become bearish that should signal your buy too.
hope that helped.

Re: Forex Trading Alerts - Season 16 by Truth234(m): 1:34pm On Oct 17, 2016

Forex Weekly Outlook October 17-21


The US dollar gained against most of its counterparts last week, despite the consumer confidence index (87.9) falling to a year low in September. The economy continued to create jobs by maintaining a four decade low unemployment benefits at 246,000 in the week ended Oct.8, same as previous week.

Also, consumer spending rebounded in September surging 0.6 percent from previously declining 0.2 percent in August, while the producer price index rose 0.3 percent for the first time in three months, indicating that consumer prices may be picking up as the increase in costs (energy and food) are pass-on to consumers.

This is one of the reasons consumer confidence dropped in the said month, as consumers are likely to react to increase in costs, and also it explained Fed’s position as to why aggressive steps “high-pressure economy” may be needed to lower unemployment further and boost consumption simultaneously, even if it means at a higher inflation rate.

Accordingly, the Fed Chair Yellen Janet during 60th annual economic conference in Boston, Massachusetts on Friday noted that extreme economic events like the world is currently experiencing have challenged existing economic views in terms of what drive growth (demand and supply).

While, admitting this will necessitate further research from the profession and the Fed, she said there were evidences from post-financial crisis that aggregate increase in demand lead to appreciable effect on aggregate supply against widely accepted notion that an economic output over the long-term is equal to its resources (labour, costs and existing technologies).

This was because at a more accommodative monetary policy (interest rate 0.5%), unemployment rate has remained nearly stagnant and so is the output. Therefore, ...Read more

http://investorsking.com/forex-weekly-outlook-october-17-21/
Re: Forex Trading Alerts - Season 16 by lawson007(m): 6:05pm On Oct 17, 2016
Wow.i have clear signal to load my basket with following pairs:daily chart tf
EC = SELL,
EJ = SELL
Usdcad =SELL
EN = SELL
CHFJPY = SELL
Please @pipsbasketing and other basketeers kindly confirm or make your inputs as usual.
Re: Forex Trading Alerts - Season 16 by Nobody: 6:31pm On Oct 17, 2016
EC could be ECAD or ECHF, but anyways, these two pairs have been bearish since about 6days, any SELL right now could be late as ECAD is almost getting exhausted, but ECHF just confirmed its sell last Friday, so may still be fresh kind of sha. If you enter SELL on ECHF, its success is of high probability only that you may be risking more for less or same. Here, you would be rendering a larger stop gap....beware

EJ SELL confirmed but I have been on SELL since last week Tuesday, though as been ranging since then, entering now is not bad at all.

UCAD and EN: The SELL is highly confirmed.

Success


lawson007:
Wow.i have clear signal to load my basket with following pairs:daily chart tf
EC = SELL,
EJ = SELL
Usdcad =SELL
EN = SELL
Please @pipsbasketing and other basketeers kindly confirm or make your inputs as usual.
Re: Forex Trading Alerts - Season 16 by lawson007(m): 6:39pm On Oct 17, 2016
^^^^thats why i like you.You really do due diligence each time.thanks,u r the man.
EC i was refering to EurChf.
My indicators help me not to enter too early e.g EJ since last week tuesday would really be early.
Re: Forex Trading Alerts - Season 16 by Nobody: 6:47pm On Oct 17, 2016
Some moves to be taken by the end of today

Basket waiting for the move

Re: Forex Trading Alerts - Season 16 by Nobody: 11:01pm On Oct 17, 2016
Basket running about 640.00 pips, still on the target of about 3,000 pips as usual.

FOREX business is the sweetest

It is called survival of the fittest

1 Like

Re: Forex Trading Alerts - Season 16 by mrikay: 7:26am On Oct 18, 2016
Pipsbasketing:
Basket running about 640.00 pips, still on the target of about 3,000 pips as usual.

FOREX business is the sweetest

It is called survival of the fittest


Mentally fittest abi? Survival ot those that can build their own system?
Re: Forex Trading Alerts - Season 16 by mrikay: 7:35am On Oct 18, 2016
mrikay:


Mentally fittest abi? Survival ot those that can build their own system?

I just Reread that, and I figured it could be misunderstood... You see I read an article during the weekend talking about the IQ needed to succeed in this bizness. Do you think one needs to be highly intelligent in order to succeed?

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 8:43am On Oct 18, 2016
At all bro, one does not need to be highly intelligent.

Survival of the fittest I mean is this business has discouraged and wrecked many people but it only takes those that can endure to stand it and conquer

mrikay:


I just Reread that, and I figured it could be misunderstood... You see I read an article during the weekend talking about the IQ needed to succeed in this bizness. Do you think one needs to be highly intelligent in order to succeed?
Re: Forex Trading Alerts - Season 16 by Nobody: 8:57am On Oct 18, 2016
Basket loading 940.00 pips, still in the look-out for 3,000 pips and more as usual

79% return achieved this month and may still be more

Success

Re: Forex Trading Alerts - Season 16 by Nobody: 11:42am On Oct 18, 2016
Still in the business
currently loading up about 1,060 pips

Some of these pairs I called here last week.

Basket on the run grin grin grin

1 Like

Re: Forex Trading Alerts - Season 16 by mrikay: 12:04pm On Oct 18, 2016
Pipsbasketing:
Still in the business currently loading up about 1,060 pips
Some of these pairs I called here last week.
Basket on the run grin grin grin
You are selling cadjpy? Why?
Re: Forex Trading Alerts - Season 16 by Nobody: 12:23pm On Oct 18, 2016
At all, I am buying...Kindly check again

mrikay:


You are selling cadjpy? Why?
Re: Forex Trading Alerts - Season 16 by Nobody: 12:35pm On Oct 18, 2016
Glory, you did not enter this trade yet

mrikay:


Lol... I am sharpening my cutlass to buy EurCad.... But pls what do u think of NzdCad and also GbpCad?

CC: Pipsbasketing
Pipsbasketing:
For swing trading (if you want to wait for about 2-3 days to know you are on the wrong side and 5-15 days to take profit if you are on the right side), I would say you should not buy any of the pairs yet as they are not yet ripe. Wait until about Wednesday to take action.

Success


1 Like

Re: Forex Trading Alerts - Season 16 by ads4btc: 1:11pm On Oct 18, 2016
uj daily chart. sell setup

Re: Forex Trading Alerts - Season 16 by Nobody: 2:02pm On Oct 18, 2016
I have signed up since 7 days ago and na now wey Pharaoh let me be go
any way I went short on EUR/CHF my indicator ichi is showing me a bearish signal that's on a 4hr chat.
any objection?
Re: Forex Trading Alerts - Season 16 by fidellamo(m): 6:48pm On Oct 18, 2016
wamiikechukwu:
I have signed up since 7 days ago and na now wey Pharaoh let me be go
any way I went short on EUR/CHF my indicator ichi is showing me a bearish signal that's on a 4hr chat.
any objection?

Not too much room down, at least not beyond 1.084xx. I would rather have waited for a buy. Try get some pips and run out.

my $0.02
Re: Forex Trading Alerts - Season 16 by Nobody: 6:55pm On Oct 18, 2016
fidellamo:


Not too much room down, at least not beyond 1.084xx. I would rather have waited for a buy. Try get some pips and run out.

my $0.02

I no waste time I carry 22cent carry run prevention is better than cure
Re: Forex Trading Alerts - Season 16 by Nobody: 8:46pm On Oct 18, 2016
regarding AUD/USD price is ranging round 0.76** according to my indicator price will fall to 0.759* on a 4hr chart.

on a 4hr chart EUR/USD is showing showing strong bearish and might keep on going only God know when seller will get tire of selling while on a daily chart price will go North to 1.1122 but this will days

on EUR/GBP the daily chart price is going to met his brother at 0.8866 on a 4hr chart my indicator is showing me bearish signal

ANY OBJECTION MY LORDz
Re: Forex Trading Alerts - Season 16 by mrikay: 9:27pm On Oct 18, 2016
Pipsbasketing:
Glory, you did not enter this trade yet



Yeah but am itching....
Re: Forex Trading Alerts - Season 16 by Nobody: 9:29pm On Oct 18, 2016
itching, i dont get

mrikay:


Yeah but am itching....
Re: Forex Trading Alerts - Season 16 by Nobody: 9:30pm On Oct 18, 2016
Some other new moves to be taken by the end of today (in 30mins time)
Re: Forex Trading Alerts - Season 16 by mrikay: 9:36pm On Oct 18, 2016
Pipsbasketing:
itching, i dont get


What I mean is I haven't bought but its quite attractive to me.
Re: Forex Trading Alerts - Season 16 by Nobody: 9:37pm On Oct 18, 2016
Still in the very pipsbasketing business as we await the end of today

Reuploaded

1 Like

Re: Forex Trading Alerts - Season 16 by JLINE(m): 10:30pm On Oct 18, 2016
eurgbp having a valid .84327 and .82244 move to do...will the move be done,don't know very accurately though but if it does occur. The next trade on the pair will be a precised entry with minimum stop.
there is a scenario to play out here as i expect a massive sell off with a short period or a gradual process which will bring new figures,still watching the market though.

Re: Forex Trading Alerts - Season 16 by Nobody: 10:37pm On Oct 18, 2016
This ban is not from mod, I am pretty sure. It should be an antispam bot.

bro JLINE, you may mail the mod regarding this
Re: Forex Trading Alerts - Season 16 by Nobody: 9:53am On Oct 19, 2016
sub acnt and another pipsbasketing personal style not doing bad. We are getting to season when trend will not be as much as before because of market unwinding and balance sheets stuff. season where news will fail and spread will be widened. Make una trade carefully make dem no use your money to add to balance sheet grin grin

Re: Forex Trading Alerts - Season 16 by Nobody: 11:50am On Oct 19, 2016
I went short on EUR/JPY @113.74 my indicator is showing a strong bearish signal.on a 4hr chart which is subsequently affecting the daily chart.

EUR/CHF Is showing bearish in a 4hr chart but ranging though I sold @ 1.0866 let's see what market will say
Re: Forex Trading Alerts - Season 16 by Nobody: 12:13pm On Oct 19, 2016
BULLS LOSING STEAM

USD/JPY sellers stood their ground and buyers retreated in recent sessions as MACD (26, 12, 9) has fallen off below its median line.

On a 4hr chart, this technical condition may be taken by many trend-following traders as a trigger to liquidate long positions.

The fact that the MACD hasn't been under zero for at least one week of trading, reinforces the argument that room for further USD/JPY depreciation is there.

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