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Forex Trading - Season 13 - Business (367) - Nairaland

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Re: Forex Trading - Season 13 by rozayx5(m): 6:04pm On Jun 25, 2013
rozayx5: on the sidelines, can see people jumping into trades, be careful this week, as i suspect it might be a ranging week till thursday

benpuzzy: Oga Rozeyx5, dis one u are quiet today, what is happening?

hope you saw the above post
Re: Forex Trading - Season 13 by fxbomovi: 6:12pm On Jun 25, 2013
rozayx5:



hope you saw the above post
day trading is not for everybody. Its times like this that most indisciplined day traders blow their account.

1 Like

Re: Forex Trading - Season 13 by fxbomovi: 6:14pm On Jun 25, 2013
Eur, gbp and jpy stil looks weak
Re: Forex Trading - Season 13 by fembizz(m): 6:16pm On Jun 25, 2013
The truth has to be told; all Forex brokers have their crucial price points where market respects irrespective its movement; range or trend, that is why you will never found them with the same market price quote, just the simple truth!. If you can discern the crucial point of any broker then the key to successful withdrawal to your bank account, is just what you have discovered. I do not need you to believe me or not is just my 8 years trading experience subconsciousness; this is just the holy grail, which can never be found neither by the leading or lagging indicators. If all these default and advertised indicators really work consistently for a long period of trading time, then nobody, I say again NOBODY! will ever sell them. If you really what to make it in Forex business find the crucial price point of your broker and trade professionally. The crucial price point is always looking there looking at you, just try to find it. I cannot tell you, because your broker is not my broker. Money making is not in over trading but just in finding your Forex broker crucial price point which is the market and broker weakest point. I wish you not more pips but more exponential growth in this Forex business. bye
fortunestyle@yahoo.com
Re: Forex Trading - Season 13 by benpuzzy(m): 6:28pm On Jun 25, 2013
See as EURJPY turn me to emergency prayer warrior, God help me out of this trap.
Re: Forex Trading - Season 13 by Nobody: 6:39pm On Jun 25, 2013
benpuzzy: See as EURJPY turn me to emergency prayer warrior, God help me out of this trap.

Lol. Na wa o
Re: Forex Trading - Season 13 by rozayx5(m): 6:48pm On Jun 25, 2013
benpuzzy: See as EURJPY turn me to emergency prayer warrior, God help me out of this trap.

whats your position?
Re: Forex Trading - Season 13 by benpuzzy(m): 8:03pm On Jun 25, 2013
Oga Rozay, i dey short with tp @ 147.49
Re: Forex Trading - Season 13 by rozayx5(m): 8:10pm On Jun 25, 2013
benpuzzy: Oga Rozay, i dey short with tp @ 147.49

hmmmm, if not for range it was a good entry, but EJ short was best yesterday, for today, i cant vouch for it
Re: Forex Trading - Season 13 by benpuzzy(m): 8:18pm On Jun 25, 2013
rozayx5:

hmmmm, if not for range it was a good entry, but EJ short was best yesterday, for today, i cant vouch for it
Still searching for the trade that i will use to hedge this trade
Re: Forex Trading - Season 13 by Kirinwa: 8:30pm On Jun 25, 2013
Sell eurnzd at 1.6900 and gbpnzd at 1.9900 Trust me on this. Price action is repetitive. It happened last week.
Re: Forex Trading - Season 13 by elewedu(m): 9:21pm On Jun 25, 2013
XHTML:

Oga Elewedu, you're way past mature o. if you were handed $10,000, I'm confident you could get more than 150% ROI. Just give it sometime, you'll switch to a standard account. We all get better and better by practicing. wink
150% ke!!!not now oooooo. I am still struggling to maintain 15percent equity growth permonth, infact as at the time of typing this ,am down by 4percent of my equity, am only hoping that i breakeven before the month ends. Although this month has not really been good, my understanding of the markets is getting better by the day, am confident that in not too distant future i will be consistently profitable. For example, i noticed if i had left all the 4hr setups that i took last month run its course, i would have been up by at least 30percent as against the 12percent i made, infact, i was fortunate to enter GbpUsd buy at the begining of the trend ,and closed the trades today for 300pips(the best in my entire trading experience). Though am still down by 4percent, my consolation is that the more i trade the better i become as long as i remain a trader.
Re: Forex Trading - Season 13 by JAkpayen(m): 9:30pm On Jun 25, 2013
Who don bewitched JPY pairs, for night de thing go just dey rise and when morning don reach and during daytime e go dey fall. Which way JPYs?
Re: Forex Trading - Season 13 by infofirst(m): 9:44pm On Jun 25, 2013
Patiently waiting for my eu set up to pick up...
Re: Forex Trading - Season 13 by kasonud(m): 10:03pm On Jun 25, 2013
JAkpayen: Who don bewitched JPY pairs, for night de thing go just dey rise and when morning don reach and during daytime e go dey fall. Which way JPYs?
na buy thinz this night my brother
Re: Forex Trading - Season 13 by Nobody: 10:13pm On Jun 25, 2013
My man , this is not pool office.Forex is not gambling.
Kirinwa: I have a good trade plan for EURNZD,GBPNZD and NZDUSD tommorrow by 2am.I will prepare to buy Eurnzd,Gbpnzd and Sell Nzdusd to close trade by 12 noon.Then by 8-9pm I will reverse the action.This setup happened last week wednesday.It has come to play 3/3 again.Sure Banker!
Re: Forex Trading - Season 13 by kasonud(m): 10:25pm On Jun 25, 2013
Buy AUD/USD tp 0.9295
Re: Forex Trading - Season 13 by Nobody: 11:22pm On Jun 25, 2013
till the next hr candle closes. #ej 1hr tf

Re: Forex Trading - Season 13 by meshpips(m): 1:32am On Jun 26, 2013
Short GBPJPY @ 151.32 (sell limit) TP 1 148.75 TP2 147.55
Happy trading!
Meshach.
@ Oliverpin, please be careful with your trade, I can sense that you are planning to buy. It is going to be extremely difficult for price to rise above 128.88 and the 129.20 level. I think you will be safer thinking about selling since your channel is down sloping. Swimming against the tide makes you expend much more energy.

1 Like

Re: Forex Trading - Season 13 by ayox2003: 1:47am On Jun 26, 2013
Gold: Sell at 12750, SL: 12830, TP 12430


Frawzey
Re: Forex Trading - Season 13 by EPOMA(m): 2:04am On Jun 26, 2013
ayox2003: Gold: Sell at 12750, SL: 12830, TP 12430


Frawzey
well done
Re: Forex Trading - Season 13 by meshpips(m): 2:26am On Jun 26, 2013
ayox2003: Gold: Sell at 12750, SL: 12830, TP 12430


Frawzey
Hi bro, this trade looks pretty good though your TP should have been spread plus 1pip above 1244 (not 1243). Quite amazingly, I will rather go long on the first contact with 1244.
Good trading!

1 Like

Re: Forex Trading - Season 13 by Dipocian(m): 2:29am On Jun 26, 2013
meshpips: Short GBPJPY @ 151.32 (sell limit) TP 1 148.75 TP2 147.55
Happy trading!
Meshach.
.

Mr meshpips do u use stop loss at all, I noticed most of ur trade alert don't ve stop loss.
Re: Forex Trading - Season 13 by meshpips(m): 2:38am On Jun 26, 2013
meshpips: Short GBPJPY @ 151.32 (sell limit) TP 1 148.75 TP2 147.55
Happy trading!
Meshach
Now this was one extremely precise entry! Draw down was zero, the trade yielded 40pips in a few minutes and was taken using the one minute chart! Boy! How sweet can this get?
See chart attached.
@ Dipo, I use SL sometimes but if positions are properly sized, my entries truly might not require SL even when a level fails, one can hedge the trade and exit the failed one when price pulls back to the failed level. If truly the level was of significance, price will CERTAINLY pull back to it before taking off.
Meshach

Re: Forex Trading - Season 13 by EPOMA(m): 3:16am On Jun 26, 2013
meshpips:
Now this was one extremely precise entry! Draw down was zero, the trade yielded 40pips in a few minutes and was taken using the one minute chart! Boy! How sweet can this get?
See chart attached.
@ Dipo, I use SL sometimes but if positions are properly sized, my entries truly might not require SL even when a level fails, one can hedge the trade and exit the failed one when price pulls back to the failed level. If truly the level was of significance, price will CERTAINLY pull back to it before taking off.
Meshach
Men I use to do this 1 minute charts years back, abeg no draw me back to it. you have to be a master to trade 1 minute sha
Re: Forex Trading - Season 13 by EPOMA(m): 3:19am On Jun 26, 2013
Nice trading night on yen pairs. Naijababe thanks for drawing my attention to nikkei , been ripping pips from it tonight
Re: Forex Trading - Season 13 by meshpips(m): 4:17am On Jun 26, 2013
meshpips: . . . Quite amazingly, I will rather go long on the first contact with 1244
Now here's what I was talking about ayox,I just finished my hour of fellowship with God's Spirit, when I opened my charts, I noticed that gold had made contact with the 1244 price level. I was already late by about 300 gold pips (30pips) but still had to take the trade.
Thanks for drawing my attention to the trade.
See chart attached.
Meshach

1 Like

Re: Forex Trading - Season 13 by ayox2003: 5:42am On Jun 26, 2013
meshpips: Hi bro, this trade looks pretty good though your TP should have been spread plus 1pip above 1244 (not 1243). Quite amazingly, I will rather go long on the first contact with 12440.
Good trading!

YOu wont believe I slept off without placing TP on this trade shocked. Just woke up! It actually bounced-off 12440. I believe it would breach 12440 not too far from now. Still at 240+pips now but theirs no reason to buy gold sad. What do u think? See my chart.

EPOMA:
well done

Thanks!


Frawzey

Re: Forex Trading - Season 13 by meshpips(m): 5:53am On Jun 26, 2013
ayox2003:

Still at 240+pips now but theirs no reason to buy gold sad. What do u think? See my chart.



Thanks!


Frawzey

The selling on gold should terminate around 1180 level because I see rather huge demand there but a trader has to take these smaller oscillations that price does - that's where the real meat of trading is!
Re: Forex Trading - Season 13 by ayox2003: 5:59am On Jun 26, 2013
meshpips:

The selling on gold should terminate around 1180 level because I see rather huge demand there but a trader has to take these smaller oscillations that price does - that's where the real meat of trading is!

Hmm yeah! Will move SL to 12550 to bank 200pips. Then trail with 40pips

I'm out wink Thanks


Frawzey
Re: Forex Trading - Season 13 by meshpips(m): 6:14am On Jun 26, 2013
ayox2003:

Hmm yeah! Will move SL to 12550 to bank 200pips. Then trail with 40pips

I'm out wink Thanks


Frawzey
Price might get back to 1286 level.
Re: Forex Trading - Season 13 by Nobody: 6:32am On Jun 26, 2013
meshpips:

The selling on gold should terminate around 1180 level because I see rather huge demand there but a trader has to take these smaller oscillations that price does - that's where the real meat of trading is!
You seem to be quite on a roll recently..Kudos Jare... Enjoy your money.

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