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Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 13 (653322 Views)
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Re: Forex Trading - Season 13 by lordaustin(m): 9:48am On May 28, 2013 |
I hope say all of una wey dey gold buy don run commot. GOLD IS AT IT AGAIN |
Re: Forex Trading - Season 13 by rozayx5(m): 9:48am On May 28, 2013 |
Igwe OO: the bulls are very strong on the bigger timeframes, the last signal (buy) on 4hour is since 1st April +1000 pips |
Re: Forex Trading - Season 13 by nolly042(m): 9:58am On May 28, 2013 |
nolly042:1st tp on gold taken, oil about to hit 100pips as well |
Re: Forex Trading - Season 13 by IgweOO(m): 10:00am On May 28, 2013 |
rozayx5: Yea, thats why I wrote last night, that I prefer to long them to shorting them. Most def., will be buying at the yesterdays support that was broken today as I see a new support now. |
Re: Forex Trading - Season 13 by XHTML: 10:07am On May 28, 2013 |
Bought at 1380.80, SL 1377.36. Gold. |
Re: Forex Trading - Season 13 by onlineresource: 10:18am On May 28, 2013 |
lordaustin: I hope say all of una wey dey gold buy don run commot. GOLD IS AT IT AGAIN thats why there is stop loss to protect people trades should trade goes other way... my stop has been hit... price broke the weekly pivot point which means that price is going down... |
Re: Forex Trading - Season 13 by rozayx5(m): 10:32am On May 28, 2013 |
onlineresource: clouds have confirmed sell here |
Re: Forex Trading - Season 13 by raycolz84: 10:42am On May 28, 2013 |
Bought EJ at 131.80 with tight stop loss |
Re: Forex Trading - Season 13 by WINNINGWAYZ(m): 10:48am On May 28, 2013 |
Stalking Eur/yen.... almost time for SELL, same with Gbp/yen |
Re: Forex Trading - Season 13 by XHTML: 10:50am On May 28, 2013 |
XHTML: Bought at 1380.80, SL 1377.36. Gold. SL Modified to 1376.69. Remind me to never have that SL at the previous candle's Low. |
Re: Forex Trading - Season 13 by WINNINGWAYZ(m): 10:53am On May 28, 2013 |
WINNINGWAYZ: Stalking Eur/yen.... almost time for SELL, same with Gbp/yenAt 132.50 area... major SELLING things. Just wait for any sign |
Re: Forex Trading - Season 13 by XHTML: 10:57am On May 28, 2013 |
^^ There's a good chance Resistance at 132.01 will be broken. |
Re: Forex Trading - Season 13 by Birikiti: 11:04am On May 28, 2013 |
Will someone please tell Mr. Gold to make up his mind? Me I just wan follow anywhere he wants to go! This back and forth is not doing anyone any good jare! |
Re: Forex Trading - Season 13 by XHTML: 11:11am On May 28, 2013 |
Birikiti: Will someone please tell Mr. Gold to make up his mind? Me I just wan follow anywhere he wants to go! This back and forth is not doing anyone any good jare! I exited with a couple pips on my last trade. It's back to scalping for me. |
Re: Forex Trading - Season 13 by WINNINGWAYZ(m): 11:27am On May 28, 2013 |
WINNINGWAYZ: Stalking Eur/yen.... almost time for SELL, same with Gbp/yenAt 132.50 area... major SELLING things. Just wait for any sign gboom.... first alert triggered |
Re: Forex Trading - Season 13 by malachi2uk(m): 11:44am On May 28, 2013 |
malachi2uk: GOOD MORNING HOUSE SO NO ONE IS REPLYING ME BECAUSE I DIDN'T DROP AN ALERT K,I WILL SHORT NU IF IT BREAKS MONTHLY RESISTANCE CAN SOMEONE ANSWER ME NOW? |
Re: Forex Trading - Season 13 by Nobody: 12:02pm On May 28, 2013 |
malachi2uk:I wonder what goes on in the head of some of you. You just had to sound this way right? Oya wait till those you are feeding will come online to answer you. Nonsense. |
Re: Forex Trading - Season 13 by malachi2uk(m): 12:15pm On May 28, 2013 |
Piponomics: HABA BOSS!!! THE (SMILEY) IS TO LET YOU KNOW THAT AM KIDDING. |
Re: Forex Trading - Season 13 by Nobody: 12:23pm On May 28, 2013 |
malachi2uk:Oga some of us have poor sense of humor so we tend to take things too serious. Me especially. Anyways back to your question. Leverage is kind of a provision that allows you trade with money that isn't yours. It magnifies your balance if you understand what I mean. It is chosen when you are opening the account and you cannot change it from the MT4 platform. You have to contact your broker to change it for you. Lot size is the size of your position. When you want to place a trade and choose 0.01, it means you will get ten cents for every pip. 0.1 means one dollar for every pip. 1.0 means ten dollars for every pip. 10.0 means hundred dollars for every pip. Etc. You can read up online if you are still confused. Have a nice day. 1 Like |
Re: Forex Trading - Season 13 by AmeLonRo(m): 12:29pm On May 28, 2013 |
EUR/JPY WILL SELL NOW AND REVERT TO SAY 131.50. See the pin bar in 15 minutes. |
Re: Forex Trading - Season 13 by rozayx5(m): 12:40pm On May 28, 2013 |
Ame Lon Ro: EUR/JPY WILL SELL NOW AND REVERT TO SAY 131.50. See the pin bar in 15 minutes. 15 minutes pin bar that timeframe is too small to check for pin bars, i respect pin bars on 4hour or higher |
Re: Forex Trading - Season 13 by Nobody: 1:00pm On May 28, 2013 |
rozayx5: Rozay banned again till 31st may |
Re: Forex Trading - Season 13 by fxisreal: 1:02pm On May 28, 2013 |
Piponomics: welldone boss, ..and i believe some guys here would like to know the diffrences between a position open with 0.1 lot on 1:200 leverage and on 1:500 leverage can you explain that further pls |
Re: Forex Trading - Season 13 by Kirinwa: 1:06pm On May 28, 2013 |
XHTML:Okay nah.It pains me when I see comments like this.You're on the wrong side yet you want to prove yourself right.I told you guys yesterday that 1380 is a strong support.It has been broken thus forming a resistance.Margin call awaits if you keep adjusting your stoploss. |
Re: Forex Trading - Season 13 by Nobody: 1:08pm On May 28, 2013 |
onlineresource: Not broken yet here o. My sl is 1375 though, so still in the trade |
Re: Forex Trading - Season 13 by XHTML: 1:12pm On May 28, 2013 |
Kirinwa: Okay nah.It pains me when I see comments like this.You're on the wrong side yet you want to prove yourself right.I told you guys yesterday that 1380 is a strong support.It has been broken thus forming a resistance.Margin call awaits if you keep adjusting your stoploss. And your point is? I closed that position at 1381.41 - 81pips. I extended the SL with good reasons (go and re-read the post you quoted). |
Re: Forex Trading - Season 13 by endfx1(m): 1:18pm On May 28, 2013 |
endfx1: Wow PA in the making...can history repeat itself again? This alert still raking....hmmmmm
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Re: Forex Trading - Season 13 by malachi2uk(m): 1:26pm On May 28, 2013 |
Piponomics: THANKS VERY MUCH,1 MORE QUESTION PLEASE fxisreal: HERE IS THE QUESTION THANKS |
Re: Forex Trading - Season 13 by Nobody: 1:36pm On May 28, 2013 |
If you have a hundred dollar account at 1:200 leverage and another on 1:500 and take 0.1 lot size trades on the both, the second account will have more free margin percentage than the first. This is where leverage becomes bad as the trader with the second account would be given a false sense of security he will go ahead to enter more 0.1 lot size trades and blow his account. So in essence, the bigger the leverage the easier it is to get decieved into using bigger lots and opening more trades. |
Re: Forex Trading - Season 13 by malachi2uk(m): 1:40pm On May 28, 2013 |
Piponomics: If you have a hundred dollar account at 1:200 leverage and another on 1:500 and take 0.1 lot size trades on the both, the second account will have more free margin percentage than the first. This is where leverage becomes bad as the trader with the second account would be given a false sense of security he will go ahead to enter more 0.1 lot size trades and blow his account. THANKS VERY MUCH...MORE PIPS IN YOUR ACCOUNT |
Re: Forex Trading - Season 13 by wapmasta001(m): 1:43pm On May 28, 2013 |
naijababe: MAMA GOLD.....YOU STILL HOLDING DZ TRADE OF LAST THURSDAY WE TOOK??
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Re: Forex Trading - Season 13 by Nobody: 1:49pm On May 28, 2013 |
fxisreal:A higher leverage only allows you to be able to trade using higher lots on thesame balance as against lower leverages. In other words, assuming you have $500 in account A which is on 1:100 leverage and same amount in account B which is on 1:500 leverage, while account A may only allow you trade with maximum of 0.5 lot size, account B may allow you trade with maximum of 2.5 lot size. |
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