Piponomics:
Don't be too sure yet o..

no need to be cause i had already closed my trade

rozayx5: hmmm EJ, after a dull day yesterday, it has had a very good comeback to day

got stopped out yesterday at 0.00

bro remember your long term forecast on EJ? I think that is the predominant direction and that serves as a warning to those long on that pair even if they use tight stops the chances are high that those stops will be taken out.

namdo: bro remember your long term forecast on EJ? I think that is the predominant direction and that serves as a warning to those long on that pair even if they use tight stops the chances are high that those stops will be taken out.

You are right brov

rozayx5:

no need to be cause i had already closed my trade

Ohh..Alright.

on my daily chart of EJ: it is the early days of a bearish market, once 118.70 is taken out then.....i should be waiting not long for 115.

If the low of the mother bar is taken out at 120.08 then we are in for a good swing down.

Fingers crossed

honeric01: people should stop trading with money they cant lose.

Also stop trading with small capital if you are looking at earning a living from it, save yourself from unneccessary urge to trade. I'm talking from experience.

Trade with small capital only if you're ready to go long term + compounding!

Enough said!

Let me make a rejoinder here. Trading with paltry capital like 50$ and 100$ is too risky and is a delay of the inevitable a blown account. Not that you can't make use of it but in most cases newbies lack discipline and soon the feelings of "how long will I continue to use 0.01 lot" creep in. I stopped trading not because I do not have a good method but my methods allows me to have at least 500 to 1k in my account with a wider stop loss. 10 years back test hard very few losses and forward testing on demo not doing bad. Works well on stubborn JPY pairs and others. For instance I got a signal to sell all JPY pairs since early this month and if I have left those trade till today, that's is 1000+ pips and account doubled. Left alone closing and shorting retracements (if I like) till I get a signal to long.
I say it again and again trading is simple and the most STUPI.D THINGS are what works but the most hardest part is finding your own edge. I am not a good trader

@Learner, PM me I got something to tell you. I have been there before. Wish everybody all the best.


JPY still going down- forex don't fold up till I make mine lol

Kaysalas: chairman, my account is down by 50%. i don tire for the thing self. please if you no mind, i need a one on one as well. the thing don dey even affect my emotional balance self. thank God say na small money i take start. i for don hear am. my email is my nairaland handle at yahoo dot com

. If u are on bb drop ur piN,or better stil send me a pm.

efe22:

Let me make a rejoinder here. Trading with paltry capital like 50$ and 100$ is too risky and is a delay of the inevitable a blown account. Not that you can't make use of it but in most cases newbies lack discipline and soon the feelings of "how long will I continue to use 0.01 lot" creep in. I stopped trading not because I do not have a good method but my methods allows me to have at least 500 to 1k in my account with a wider stop loss. 10 years back test hard very few losses and forward testing on demo not doing bad. Works well on stubborn JPY pairs and others. For instance I got a signal to sell all JPY pairs since early this month and if I have left those trade till today, that's is 1000+ pips and account doubled. Left alone closing and shorting retracements (if I like) till I get a signal to long.
I say it again and again trading is simple and the most STUPI.D THINGS are what works but the most hardest part is finding your own edge. I am not a good trader

Sorry o, but where exactly is your rejoinder to what i typed?

efe22:
@Learner, PM me I got something to tell you. I have been there before.

PM sent bro. Been a while. Thank you

erniok:
if you are interested, visit: http://promotions.greenvaultfx.com/wdyt/we-deposit-you-trade.php for free $200 and know that you will make withdrawal only after 2 months of trading. please see if the T&C are agreeable with you.

I will check it. Well done

@Rozay see what battery caused me LOL. E pain me

endfx1: EJ in a danger zone....+60 will close here i think

BE at 50pips lets see

Please how did you make your candle to be on top of 3_Level_ZZ_Semafor and not the other way round. Thanks.

vxtr: . If u are on bb drop ur piN,or better stil send me a pm.

Bro pls if u dnt mind I nid to ask u sum questions... My pin is 32641E8A. Thanks in advance.

There's no right or wrong way to trade. Just know yourself and work on YOU!


I am naturally an impulsive and tempestuous person but I always want freedom and I don't like feeling cheated. If I take a position and make 20 pips out of a 200 pips move I feel grossly cheated, however, my impatience make me close the position within 20 pips because the market is not impulsive like me. So what I desire is in conflict with my nature. My natural disposition should be towards scalping but I also know that the other side of my nature will make me over trade.
My desire points me in the direction of being a swing trader but my nature makes me close positions early because the market is not impulsive like me, it will do what it wants to do!

So the way out for me is to pick my desire over my natural disposition because I think what a man desires will always overcome their nature, therefore, I had to work on getting a convergence of both my desire and nature.

Outside of the market place, I work on my impatient nature, I take things easy! I make a conscious decision to work on my temper, I bite my tongue when I want to rant at people. I shout into my pillow sometimes and I stand in my bathroom and take a dig at whoever or whatever in front of a mirror and most of all I learned to meditate.

Y'all will ask what all of these has to do with trading?!

Well,Trading is the only thing that will make you confront who you really are because it will accentuate all your good and bad habits. If you really want to succeed, you will have to confront and overcome yourself. It will be easier for some than others but it's your determination and commitment to your own success that will make you overcome YOURSELF.

We all like to think we are committed to our own success but we really aren't ?! Think about that folks.

@ Thread, my pending buy limit at 120.50 has been activated and currently now in the red by 10 pips. See y'all soon.

naijababe: There's no right or wrong way to trade. Just know yourself and work on YOU!


I am naturally an impulsive and tempestuous person but I always want freedom and I don't like feeling cheated. If I take a position and make 20 pips out of a 200 pips move I feel grossly cheated, however, my impatience make me close the position within 20 pips because the market is not impulsive like me. So what I desire is in conflict with my nature. My natural disposition should be towards scalping but I also know that the other side of my nature will make me over trade.
My desire points me in the direction of being a swing trader but my nature makes me close positions early because the market is not impulsive like me, it will do what it wants to do!

So the way out for me is to pick my desire over my natural disposition because I think what a man desires will always overcome their nature, therefore, I had to work on getting a convergence of both my desire and nature.

Outside of the market place, I work on my impatient nature, I take things easy! I make a conscious decision to work on my temper, I bite my tongue when I want to rant at people. I shout into my pillow sometimes and I stand in my bathroom and take a dig at whoever or whatever in front of a mirror and most of all I learned to meditate.

Y'all will ask what all of these has to do with trading?!

Well,Trading is the only thing that will make you confront who you really are because it will accentuate all your good and bad habits. If you really want to succeed, you will have to confront and overcome yourself. It will be easier for some than others but it's your determination and commitment to your own success that will make you overcome YOURSELF.

We all like to think we are committed to our own success but we really aren't ?! Think about that folks.

@ Thread, my pending buy limit at 120.50 has been activated and currently now in the red by 10 pips. See y'all soon.

+1000

^^, More like it.

i want to believe we are all making pips.

may we all be bless with the pips

+1m

naijababe: There's no right or wrong way to trade. Just know yourself and work on YOU!


I am naturally an impulsive and tempestuous person but I always want freedom and I don't like feeling cheated. If I take a position and make 20 pips out of a 200 pips move I feel grossly cheated, however, my impatience make me close the position within 20 pips because the market is not impulsive like me. So what I desire is in conflict with my nature. My natural disposition should be towards scalping but I also know that the other side of my nature will make me over trade.
My desire points me in the direction of being a swing trader but my nature makes me close positions early because the market is not impulsive like me, it will do what it wants to do!

So the way out for me is to pick my desire over my natural disposition because I think what a man desires will always overcome their nature, therefore, I had to work on getting a convergence of both my desire and nature.

Outside of the market place, I work on my impatient nature, I take things easy! I make a conscious decision to work on my temper, I bite my tongue when I want to rant at people. I shout into my pillow sometimes and I stand in my bathroom and take a dig at whoever or whatever in front of a mirror and most of all I learned to meditate.

Y'all will ask what all of these has to do with trading?!

Well,Trading is the only thing that will make you confront who you really are because it will accentuate all your good and bad habits. If you really want to succeed, you will have to confront and overcome yourself. It will be easier for some than others but it's your determination and commitment to your own success that will make you overcome YOURSELF.

We all like to think we are committed to our own success but we really aren't ?! Think about that folks.

@ Thread, my pending buy limit at 120.50 has been activated and currently now in the red by 10 pips. See y'all soon.

learner1: ALERT ALERT ALERT

Someone should please help me with 50$. Please I have liberty reserve please. Miss a lot since especially AU. I am leaving jpy for now. I don't have the liver and account for volatile pairs. Honestly I have nothing on me no need lying and deceiving myself here. EU and AU are ok for me. Never new jpy will kill my account so soon. God bless you.

JPY was not the killer of your account, you did. If you do not discover yourself first, you will still leave AU & EU and also have many margin calls. I am telling you the hard truth. Have your own system that suits you, believe in it and use good money management. Learn not to trade until you see the right setup and you will grow gradually.

Undiluted:

JPY was not the killer of your account, you did. If you do not discover yourself first, you will still leave AU & EU and also have many margin calls. I am telling you the hard truth. Have your own system that suits you, believe in it and use good money management. Learn not to trade until you see the right setup and you will grow gradually.

i personally dumped majors for EJ and ez at times, EJ is the pair that makes me scatter all my targets before month end

@learner , check the research room

Undiluted:

JPY was not the killer of your account, you did. If you do not discover yourself first, you will still leave AU & EU and also have many margin calls. I am telling you the hard truth. Have your own system that suits you, believe in it and use good money management. Learn not to trade until you see the right setup and you will grow gradually.

I used tighter stop loss only to see it delivers 100s in my favor. A trader here already showed me best way to trade jpy and fix stop loss. Stop loss today on ej was 50 pip and moved 100 in my favor. Au 30 moved 40. My issue was placing right stop loss and allow market to breath with patient. Thanks to Rozay and Efe22

learner1:
I used tighter stop loss only to see it delivers 100s in my favor. A trader here already showed me best way to trade jpy and fix stop loss. Stop loss today on ej was 50 pip and moved 100 in my favor. Au 30 moved 40. My issue was placing right stop loss and allow market to breath with patient. Thanks to Rozay and Efe22

But if you used tight SL, how then did you get margin call? except for gap, you should still be in biz with tight SL.

learner1:
I used tighter stop loss only to see it delivers 100s in my favor. A trader here already showed me best way to trade jpy and fix stop loss. Stop loss today on ej was 50 pip and moved 100 in my favor. Au 30 moved 40. My issue was placing right stop loss and allow market to breath with patient. Thanks to Rozay and Efe22

bro this is how it use to be if u are not trading live, when it live account you will sing another song, i still perceive you need to work on emotion toward forex trading before you start trading Live again

^^^Tight SL hit time again will still lead to margin call.

.

.

rozayx5:



i personally dumped majors for EJ and ez at times, EJ is the pair that makes me scatter all my targets before month end

@learner , check the research room

Just checked and I will be test driving on demo till God knows when I get another equity. Thank you again.

OliverPin: @Rozay see what battery caused me LOL. E pain me

i see

Greetinx 2 everyone who made season 13 a successful oné
Let's move to another happy season of pips

https://www.nairaland.com/1238886/forex-trade-alerts-season-14#14958106

Thought we were going to keep this thread till Jan 1 2014, no?