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Forex Trading - Season 13 - Business (348) - Nairaland

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Re: Forex Trading - Season 13 by gerald2(m): 11:48am On Jun 18, 2013
Pipsland78:
True! Which is why the SL is a trader's best friend. Trading without the SL is not only suicidal but also criminal.
What a sincere quote, kinda like it.
Re: Forex Trading - Season 13 by onlineresource: 12:03pm On Jun 18, 2013
to those of you trading AU.
go to the weekly timeframe and look at you chart...
Re: Forex Trading - Season 13 by frenchman2: 12:20pm On Jun 18, 2013
frenchman2: BONJOUR A TOUS.

Yesterday was disaster for me.
My trades for today.

bought eur/nzd 1.6744 tp .7080
bought gbp/nzd 1.9699 tp 2.000
bought eur/aud 1.4036 tp .4240
bought gbp/aud 1.6507 tp .6658
sold gbp/jpy 148.82 tp 145.90 (I have a tight sl on this one. I might be forced to babysit this pair. will close it manually should i see any bullish tendencies. it's been falling for four weeks running now so i'm expecting it to continue. Though it's sitting on a weekly support)

NB: Nothing is guaranteed. Let's see how they play out.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

closing all my positions. I just spotted some signs of reversals.
i'm going short on eur/aud 1.4147, eur/nzd 1.6781, gbp/aud 1.6514and gbp/nzd 1.9588
I think they're all gearing up to tank.
NB: Nothing is guaranteed. My sl is there to protect me.
Re: Forex Trading - Season 13 by kcc515(m): 12:27pm On Jun 18, 2013
Checked 3 banks today, non of them changes Dollar to Naira and vice versa. They just keep erecting buildings everywhere, you still have to run after mallams
Re: Forex Trading - Season 13 by nolly042(m): 12:37pm On Jun 18, 2013
good people of nairaland. Please am asking........ How fair is hotforex, alot of time and funds has been traped by instaforex. Am just trying to recover from that. Quick responses will be welcomed
Re: Forex Trading - Season 13 by SIGAJ(m): 12:44pm On Jun 18, 2013
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Re: Forex Trading - Season 13 by pinbar(m): 12:54pm On Jun 18, 2013
pinbar forming on 1hr GU off support...
Re: Forex Trading - Season 13 by rozayx5(m): 12:58pm On Jun 18, 2013
My XE markets rating using expressions
1. Execution smiley
2. Customer care smiley
3. Naviagtion cool
4. withdrawals undecided undecided
Re: Forex Trading - Season 13 by rozayx5(m): 12:59pm On Jun 18, 2013
Naija Babe is that you shocked shocked
Re: Forex Trading - Season 13 by Nobody: 1:10pm On Jun 18, 2013
kcc515: Checked 3 banks today, non of them changes Dollar to Naira and vice versa. They just keep erecting buildings everywhere, you still have to run after mallams

banks are not bureau de change na grin grin
Re: Forex Trading - Season 13 by fxbomovi: 1:14pm On Jun 18, 2013
rozayx5: Naija Babe is that you shocked shocked
how far wit d payp thing
Re: Forex Trading - Season 13 by fxisreal: 1:23pm On Jun 18, 2013
released at last grin grin grin
Re: Forex Trading - Season 13 by meshpips(m): 1:23pm On Jun 18, 2013
frenchman2:

closing all my positions. I just spotted some signs of reversals.
i'm going short on . . . gbp/aud 1.6514
NB: Nothing is guaranteed. My sl is there to protect me.
Lovely trade here but keep an eye on 1.6430 that level has been quite significant in recent times. If the level cracks, we might be seeing 1.6330 pretty soon.
Enjoy!
Mesh.
Re: Forex Trading - Season 13 by fxisreal: 1:24pm On Jun 18, 2013
am getting ready to enter Gu buy for d news sha
Re: Forex Trading - Season 13 by fxisreal: 1:26pm On Jun 18, 2013
fxisreal: am getting ready to enter Gu buy for d news sha

Alert!

just entered GU buy at 1.5593 sl @ 1.5563
Re: Forex Trading - Season 13 by naira4ever(m): 1:28pm On Jun 18, 2013
kcc515: Checked 3 banks today, non of them changes Dollar to Naira and vice versa. They just keep erecting buildings everywhere, you still have to run after mallams

You still want to change your dollar to naira?
Let me change it for you at a better rate than mallams'.
ok?
Re: Forex Trading - Season 13 by rozayx5(m): 1:42pm On Jun 18, 2013
fxbomovi: how far wit d payp thing


the guy procedures i dont understand, sha

a not comfortable with what he was demanding, cant expose such details

Some one in The US will sort it out sha
Re: Forex Trading - Season 13 by JAkpayen(m): 1:42pm On Jun 18, 2013
fxisreal:

Alert!

just entered GU buy at 1.5593 sl @ 1.5563
See what I have on the daily

Re: Forex Trading - Season 13 by rozayx5(m): 1:50pm On Jun 18, 2013
JAkpayen:
See what I have on the daily

hmm , he shud be careful with his buy oh

Re: Forex Trading - Season 13 by fxisreal: 1:51pm On Jun 18, 2013
JAkpayen:
See what I have on the daily

thank bro am just playing on ATR of this pair but already closed the trade as it break down 1.5580 levels likly to go in again if it close 4hrs above 1.558x levels
Re: Forex Trading - Season 13 by JAkpayen(m): 2:08pm On Jun 18, 2013
fxisreal:

thank bro am just playing on ATR of this pair but already closed the trade as it break down 1.5580 levels likly to go in again if it close 4hrs above 1.558x levels
Notice your alert are mostly 90% accurate, sometimes I just feel like wrapping up my system and throw it into the bin and sometimes feel like buying a glass of beer for it. This is what am saying about GU daily, though will be selling if price retraces above 1.5600

Re: Forex Trading - Season 13 by rozayx5(m): 2:21pm On Jun 18, 2013
If care is not taken i might write off Xe markets, their withdrawals handling is the worst i have seen
Re: Forex Trading - Season 13 by fxisreal: 2:26pm On Jun 18, 2013
JAkpayen:
Notice your alert are mostly 90% accurate, sometimes I just feel like wrapping up my system and throw it into the bin and sometimes feel like buying a glass of beer for it. This is what am saying about GU daily, though will be selling if price retraces above 1.5600

thank u mate, really appreciate that if u trade this pair well u will notice it already out perform the ATR, apart from this i have a level am watching @ 1.5584. going near that level with d atr am talking on it worth risking the trade with 30pip sl. but close d trade @1.5580 with -13pips

i have re-enter the buy @ 1.5567 sl 5547
Re: Forex Trading - Season 13 by naira4ever(m): 2:37pm On Jun 18, 2013
Your opinion on the chaart below, just anticipating to go long on NZD/USD

Re: Forex Trading - Season 13 by fxisreal: 2:37pm On Jun 18, 2013
JAkpayen:
Notice your alert are mostly 90% accurate, sometimes I just feel like wrapping up my system and throw it into the bin and sometimes feel like buying a glass of beer for it. This is what am saying about GU daily, though will be selling if price retraces above 1.5600


note this 1 daily candle is not enough to say the trend has change. am still on bullish side once it close above 1.558x today i add more
Re: Forex Trading - Season 13 by rozayx5(m): 2:37pm On Jun 18, 2013
fxisreal:

thank u mate, really appreciate that if u trade this pair well u will notice it already out perform the ATR, apart from this i have a level am watching @ 1.5584. going near that level with d atr am talking on it worth risking the trade with 30pip sl. but close d trade with @1.5580 with -13pips

i have re-enter the buy @ 1.5567 sl 5547

very strong 4H support
Re: Forex Trading - Season 13 by meshpips(m): 2:41pm On Jun 18, 2013
fxisreal: [/b]

note this 1 daily candle is not enough to say the trend has change. am still on bullish side once it close above 1.558x today i add more
Hi, note that 1.5573 was previous resistance on weekly tf. The level was breached and what we are seeing now is a re-test of the previously broken resistance. We will very likely see an up move from this level.
Happy trading!
Mesh
Re: Forex Trading - Season 13 by zinosleek(m): 2:43pm On Jun 18, 2013
rozayx5: If care is not taken i might write off Xe markets, their withdrawals handling is the worst i have seen
What happened bro, please share and what method did you use.
Re: Forex Trading - Season 13 by frenchman2: 2:50pm On Jun 18, 2013
frenchman2:

closing all my positions. I just spotted some signs of reversals.
i'm going short on eur/aud 1.4147, eur/nzd 1.6781, gbp/aud 1.6514and gbp/nzd 1.9588
I think they're all gearing up to tank.
NB: Nothing is guaranteed. My sl is there to protect me.
my reason for going short on eur/nzd and gbp/aud
from the charts below you'll agree with me that these pairs about to tank.
already moved sl to BE

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Re: Forex Trading - Season 13 by JAkpayen(m): 2:51pm On Jun 18, 2013
Will be stalking the
fxisreal: [/b]

note this 1 daily candle is not enough to say the trend has change. am still on bullish side once it close above 1.558x today i add more
Will be stalking the pair, entry will be with a tight SL
Re: Forex Trading - Season 13 by meshpips(m): 2:57pm On Jun 18, 2013
Buy gold 1369
Re: Forex Trading - Season 13 by fxisreal: 3:00pm On Jun 18, 2013
JAkpayen:
Will be stalking the
Will be stalking the pair, entry will be with a tight SL

yeah! thatz the way to go in this situation.

happy trading

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