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Forex Trade Alerts - Season 12 - Business (63) - Nairaland

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Re: Forex Trade Alerts - Season 12 by frenchman2: 6:04pm On Jan 23, 2013
hi folks, my take on gbp/jpy
for those still selling this pair, just want to draw your attention to what my chart is saying.
should the weekly candle close below 139.650 that's when i'll be thinking short.
NB. i could be wrong. nothing is guaranteed.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Re: Forex Trade Alerts - Season 12 by rozayx5(m): 7:40pm On Jan 23, 2013
not much gas tomorrow in the markets undecided

i think the Beach or travelling comes to my mind wink
Re: Forex Trade Alerts - Season 12 by nolly042(m): 11:30pm On Jan 23, 2013
selling continues for the ej and gj
Re: Forex Trade Alerts - Season 12 by ayox2003: 12:30am On Jan 24, 2013
ayox2003: TP hit on Loonie.

Watching USDCAD. Today's data would confirm a break-out or a fake-out of the down trend for daily TF.

Would wait for the close of the day before taking a shot.

A double top was also formed on the daily TF on CADJPY. A confirmation would also be based on the close of the days candle.

NB: GEJ is live at Davos on CNBC, so u might wanna hear what he has to say. Lol.



Frawzey


Based on the earlier analysis ^ in the afternoon I placed sold CADJPY at 88:63 SL at 89:37

Still looking for the right place to buy USDCAD

Monitoring both


Frawzey

Re: Forex Trade Alerts - Season 12 by ayox2003: 3:01am On Jan 24, 2013
Just closed the CADJPY, gotta sleep

still trending downward though


Frawzey
Re: Forex Trade Alerts - Season 12 by rozayx5(m): 3:47am On Jan 24, 2013
i pity those trading EU since monday, i wonder how your are coping with it undecided
i hate it for its ranges, thats why i avoid it, avoiding it has kept my account history clean grin
while EJ is delivering pips, EU is ranging
Re: Forex Trade Alerts - Season 12 by jamace(m): 4:41am On Jan 24, 2013
rozayx5: i pity those trading EU since monday, i wonder how your are coping with it undecided
i hate it for its ranges, thats why i avoid it, avoiding it has kept my account history clean grin
while EJ is delivering pips, EU is ranging
I got entangled in the EU for 9 days now. Although there is light at the end of the zig-zagging, EU is poised for UPWARD move. It will hit 1.34000,either today or tomorrow.
Re: Forex Trade Alerts - Season 12 by frenchman2: 4:42am On Jan 24, 2013
just went long on gbp/jpy at 140.81 tp 144.30
Re: Forex Trade Alerts - Season 12 by frenchman2: 4:48am On Jan 24, 2013
stalking gold and silver. waiting for opportunity to go short
Re: Forex Trade Alerts - Season 12 by Nobody: 4:49am On Jan 24, 2013
UK Jobless Claims Change will be released at 10:30 Nigeria time. Market impact: High (GBP). Previous number: -3.0K. Forecast number: 0.5K.
This index measures the number of people who claim unemployment benefits, but are actively seeking work. Released with the Claimant Count report, Jobless Claims Change serves as a barometer for the health of the UK labor market. It is similar to the Claimant Count except the headline figure is as an actual number, whereas the Claimant Count is a percentage.
Re: Forex Trade Alerts - Season 12 by Nobody: 4:50am On Jan 24, 2013
frenchman2: just went long on gbp/jpy at 140.81 tp 144.30
Re: Forex Trade Alerts - Season 12 by frenchman2: 5:02am On Jan 24, 2013
going long on eur/aud at .2657
1st tp .2800 2nd tp .2920

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

1 Like

Re: Forex Trade Alerts - Season 12 by fxfavour(m): 6:12am On Jan 24, 2013
jamace: I got entangled in the EU for 9 days now. Although there is light at the end of the zig-zagging, EU is poised for UPWARD move. It will hit 1.34000,either today or tomorrow.
so were will u place ur SL.
Re: Forex Trade Alerts - Season 12 by fxfavour(m): 7:08am On Jan 24, 2013
wats happening to eu nah. which way?
Re: Forex Trade Alerts - Season 12 by Rich4god(m): 7:28am On Jan 24, 2013
My worst week since i started trading forex. Not even a single profit.... embarassed embarassed embarassed
Re: Forex Trade Alerts - Season 12 by fxfavour(m): 7:52am On Jan 24, 2013
eu should b a safe entry long
Re: Forex Trade Alerts - Season 12 by meritdee(m): 7:58am On Jan 24, 2013
Rich4god: My worst week since i started trading forex. Not even a single profit.... embarassed embarassed embarassed

Sorry chief.. It happens
Re: Forex Trade Alerts - Season 12 by rozayx5(m): 8:05am On Jan 24, 2013
Rich4god: My worst week since i started trading forex. Not even a single profit.... embarassed embarassed embarassed

what went wrong

if i experience a bad week i usually use the next week to recover, the single loss i suffered last week was paid back with only profit from one trade with straight 4 profits following that trade cool
its called system accountability, your forex system must be able to repay your losses if your to play the game cool
Re: Forex Trade Alerts - Season 12 by fxfavour(m): 8:16am On Jan 24, 2013
cant sl b taken to entry price nw,its abt 22pips
Re: Forex Trade Alerts - Season 12 by fxfavour(m): 8:19am On Jan 24, 2013
rozay,wat do u say abt d eu.my acct is ok now
Re: Forex Trade Alerts - Season 12 by infofirst(m): 10:47am On Jan 24, 2013
The wall street traders still earn more than a brain surgeon http://www.financialexpress.com/news/wall-street-trader-still-earns-more-than-a-brain-surgeon/737274
Re: Forex Trade Alerts - Season 12 by jamace(m): 10:52am On Jan 24, 2013
Wow! shocked I've observed actual STOPLOSS hunting on 4H Time Frame by EU for the past 9 days, including this morning. The candle always cross through the BBSTOP to trigger STOPLOSS, after that it will close below/above the BBSTOP, thereby leaving the BBSTOP intact again.

That is to say, putting STOPLOSS below the BBSTOP in a Sell trade and putting STOPLOSS above the BBSTOP in a buy trade is not a guarantee that ones STOPLOSS is safe. grin grin The only trace of the havoc will be a long tail or long nose below or above the BBSTOP. grin grin

But then, I've learnt a lesson - BBSTOP can be broken by a candle and HEALED immediately leaving only a tell tale of a candle pin like the proboscis of a mosquito. grin grin

1 Like

Re: Forex Trade Alerts - Season 12 by onasharon(m): 10:53am On Jan 24, 2013
Still well stock in Card Printers and consumables.sales call bayo on 08135586674.email.idprintersales@gmail.com. www.hgtl.com.ng
Re: Forex Trade Alerts - Season 12 by ayox2003: 10:56am On Jan 24, 2013
fxfavour: wats happening to eu nah. which way?

Na so my broda. Most major currencies are acting up with no reason, Gold inclusive.

That's why these days I go for risk-off pairs like Aussie, Cad and Kiwi. At all at all na him bad. Cos person no sabi wetin the next move go be. But I feel Euro is getting reading for a spike or a plunge and its gonna be massive. I pray I'm logged on to take advantage of it. smiley



Frawzey
Re: Forex Trade Alerts - Season 12 by rozayx5(m): 11:05am On Jan 24, 2013
hmmm EJ buy confirmed according to my system

1 Like

Re: Forex Trade Alerts - Season 12 by Rich4god(m): 11:05am On Jan 24, 2013
rozayx5:

what went wrong

if i experience a bad week i usually use the next week to recover, the single loss i suffered last week was paid back with only profit from one trade with straight 4 profits following that trade cool
its called system accountability, your forex system must be able to repay your losses if your to play the game cool
Signals generated by my usual trading plan always hit SL.
Re: Forex Trade Alerts - Season 12 by rozayx5(m): 11:51am On Jan 24, 2013
jamace: Wow! shocked I've observed actual STOPLOSS hunting on 4H Time Frame by EU for the past 9 days, including this morning. The candle always cross through the BBSTOP to trigger STOPLOSS, after that it will close below/above the BBSTOP, thereby leaving the BBSTOP intact again.

That is to say, putting STOPLOSS below the BBSTOP in a Sell trade and putting STOPLOSS above the BBSTOP in a buy trade is not a guarantee that ones STOPLOSS is safe. grin grin The only trace of the havoc will be a long tail or long nose below or above the BBSTOP. grin grin

But then, I've learnt a lesson - BBSTOP can be broken by a candle and HEALED immediately leaving only a tell tale of a candle pin like the proboscis of a mosquito. grin grin

grin grin grin grin
so another name for stop loss hunting is probocis grin grin

From simulation tests and results , it happens most on EU and GU shocked

am simulating a major breakthrough on my early entry for my system, if the research room, according to the simulation am supposed to be + 50 now on EJ, hmmm, if this passes my next 3 tests, thunder will really fire some pips shocked shocked
Re: Forex Trade Alerts - Season 12 by rozayx5(m): 11:55am On Jan 24, 2013
ROZAY IN THE LAB grin grin
simulating tingz, grin grin
wearing boxer( lab coat) grin

Re: Forex Trade Alerts - Season 12 by rozayx5(m): 12:06pm On Jan 24, 2013
Rich4god:
Signals generated by my usual trading plan always hit SL.

which indirectly means your trading plan is not good and needs reviewing
Re: Forex Trade Alerts - Season 12 by Nobody: 12:08pm On Jan 24, 2013
Rich4god: My worst week since i started trading forex. Not even a single profit.... embarassed embarassed embarassed

u still hav cause to thank Jah now... atleast d EU range did nt put u at loss...
Re: Forex Trade Alerts - Season 12 by teeboy4x(m): 12:10pm On Jan 24, 2013
WATCHING AU FROM ROOF cool cool cool

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