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Forex Trading - Season 13 - Business (429) - Nairaland

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Re: Forex Trading - Season 13 by Nobody: 5:13am On Jul 23, 2013
FOREXMARTS:

oga u wan do night vigil?
Nooo man must rest na.
Re: Forex Trading - Season 13 by frenchman2: 5:41am On Jul 23, 2013
BONJOUR A TOUS!

Just went long on cad/chf
Everyday i scan the market for fake breakouts. This strategy is very powerful.
just spotted one on cad/chf weekly chart. This is a long term trade.
see chart below for details.
NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Re: Forex Trading - Season 13 by frenchman2: 5:57am On Jul 23, 2013
chart pattern analysis for silver
just spotted an ascending triangle on the 4hr chart.
Price broke out of the triangle yesterday. I'm expecting a pullback to 20.114 region to buy.
should this happen we have a price projection of 194pips. Our tp will be around 22.00
Now, this is how i'll trade this pair today;
since i'm expecting price to pullback to 20.14 region before it heads north, i have a buy limit order waiting to
take me into the trade. Now should price fail to pullback to that level, and in other not to misss this up move
i have placed a buy stop order at 20.61 which means price has
to break yesterday's high to fill me in. In this case i'm being very conservative.

Now, the worrying question, which i don't have an answer to at time moment is this; could this be a fake breakout?
Only time will tell. But i strongly believe it's heading north. yesterday closed as a huge green elephant candle and
it took out the high of the weekly candle (i mean that of last week)
The bulls are pretty much in charge from the look of things.
Let's see how it plays out.

NB; Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Re: Forex Trading - Season 13 by infofirst(m): 6:14am On Jul 23, 2013
meshpips:
This is indicative of where oil will be in the next few days or weeks. I've been talking about oil being at an unfairly high price for the past few days on this thread.
Good to know you were even selling.
I suggest others should take proper notice of these ''handwritings on (the)wall (street)''.
Enjoy your day.
Meshach

Noted boss mi.following it like hmmm n since my eu trade miss out n am ganna wait wait
Re: Forex Trading - Season 13 by Kirinwa: 6:23am On Jul 23, 2013
FOREXMART NEVER WAKE? EHEH MORNING.
Re: Forex Trading - Season 13 by FOREXMARTS: 6:33am On Jul 23, 2013
EU= BUY ONLY
GU= BUY ONLY
EJ= BUY ONLY
NU= BUY ONLY
NJ= BUY ONLY
UCAD= SELL ONLY.
Au= BUY ONLY

Good luck.
Re: Forex Trading - Season 13 by FOREXMARTS: 6:35am On Jul 23, 2013
Kirinwa: FOREXMART NEVER WAKE? EHEH MORNING.


Lol been awake since 5 doing analysis. We have two sessions ahead London and new York. Plenty of time.
Re: Forex Trading - Season 13 by jorel1(m): 6:54am On Jul 23, 2013
GBP/USD hanging around monthly pivot for the first time this month,, ..I suspect a new trend unfolds from here more likely the upward trend continuation
Re: Forex Trading - Season 13 by FOREXMARTS: 7:27am On Jul 23, 2013
jor-el:
GBP/USD hanging around monthly pivot for the first time this month,, ..I suspect a new trend unfolds from here more likely the upward trend continuation

I Still see bullish strength on the index
Re: Forex Trading - Season 13 by TheShootist(m): 7:31am On Jul 23, 2013
Buy USDCHF?
Re: Forex Trading - Season 13 by Kirinwa: 7:40am On Jul 23, 2013
Am tired of opening and closing positions only to see them go in my direction.Its frustrating.Is this your story?Join me.

I have a strategy in which after monday,I analyze market with 4 hour,daily and weekly charts

Stoploss 100 pips
Target 200 pips

For this week
Buy NU 1.8000
Sell Eurnzd 1.6500
Sell Gbpnzd 1.9200

ENJOY
Re: Forex Trading - Season 13 by JAkpayen(m): 7:49am On Jul 23, 2013
FOREXMARTS: EU= BUY ONLY
GU= BUY ONLY
EJ= BUY ONLY
NU= BUY ONLY
NJ= BUY ONLY
UCAD= SELL ONLY.
Au= BUY ONLY

Good luck.
bro good morning quite a while which price point are we looking at?
Re: Forex Trading - Season 13 by Kirinwa: 8:14am On Jul 23, 2013
JAkpayen:
bro good morning quite a while which price point are we looking at?

Its the days direction.Buy at market price
Re: Forex Trading - Season 13 by ehizmac: 8:32am On Jul 23, 2013
morning guys cheesy cheesy cheesy cheesy cheesy
wishing all more green accounts
Re: Forex Trading - Season 13 by martog: 8:36am On Jul 23, 2013
rozayx5: @martog, did not see the mail, seems you have to re send it
I don send am again
Re: Forex Trading - Season 13 by Nobody: 8:39am On Jul 23, 2013
any idea on EU? am in a long position and i fear it.
Re: Forex Trading - Season 13 by natruetalk: 8:45am On Jul 23, 2013
good morning house,

eyeing eur/jpy buy

any opinion on this?
Re: Forex Trading - Season 13 by honeric01(m): 8:59am On Jul 23, 2013
Selling UCHF from 0.9370 with 0.92** in view.

Selling UJ too below 99.70 for 100 pips

Lastly, buying AU from 9345 for 9445.

2-1 RR.
Re: Forex Trading - Season 13 by rozayx5(m): 8:59am On Jul 23, 2013
just sold gold @ current price 1334
Re: Forex Trading - Season 13 by surveycash(m): 9:00am On Jul 23, 2013
@FOREXMART, Frenchman, Onlineresource and other Trendliners, I greet you.

@All..Morning. Technically speaking, EU and GU are bullish today.
Re: Forex Trading - Season 13 by natruetalk: 9:04am On Jul 23, 2013
natruetalk: good morning house,

eyeing eur/jpy buy

any opinion on this?

house

let make dollar from here

Buy eur/jpy now entered @ 131.20 sl 130.61

goodluck
Re: Forex Trading - Season 13 by honeric01(m): 9:08am On Jul 23, 2013
natruetalk:

house

let make dollar from here

Buy eur/jpy now entered @ 131.20 sl 130.61

goodluck

Sentiment shared.

Would have entered 15 pips below.
Re: Forex Trading - Season 13 by FOREXMARTS: 9:10am On Jul 23, 2013
Sentiments shared but not ready for me
Re: Forex Trading - Season 13 by FOREXMARTS: 9:11am On Jul 23, 2013
surveycash: @FOREXMART, Frenchman, Onlineresource and other Trendliners, I greet you.

@All..Morning. Technically speaking, EU and GU are bullish today.

Salute
Re: Forex Trading - Season 13 by natruetalk: 9:14am On Jul 23, 2013
honeric01:

Sentiment shared.

Would have entered 15 pips below.

thank for the coment, yes could have enter at better price than this but when you follow some rules some times you miss a better entry. this trade suppose to place by 10am but my fair i might see unfavourable price that will make miss the trade. so entered at the close of 9am candle.

let see how it goes from here
Re: Forex Trading - Season 13 by FOREXMARTS: 9:17am On Jul 23, 2013
JAkpayen:
bro good morning quite a while which price point are we looking at?

that's where i have an issue. Its not a trade call but a trend view. So your price target depends on where you choose to enter from. For buys only i suggest buy from a significant dip. A good place to search for buys is when 3 period rsi falls below 30level on 15 and 30 minutes. I have learnt not to target pips but % profit. And my daily target is between 8 and 10%

1 Like

Re: Forex Trading - Season 13 by natruetalk: 9:18am On Jul 23, 2013
natruetalk:

house

let make dollar from here

Buy eur/jpy now entered @ 131.20 sl 130.61

goodluck

tp 133.20
Re: Forex Trading - Season 13 by Kirinwa: 9:25am On Jul 23, 2013
If you took this call,go and sleep.Will be closing it by thursday ie if it hasnt closed in profits.I took the trade myself.

Kirinwa: Am tired of opening and closing positions only to see them go in my direction.Its frustrating.Is this your story?Join me.

I have a strategy in which after monday,I analyze market with 4 hour,daily and weekly charts

Stoploss 100 pips
Target 200 pips

For this week
Buy NU 1.8000
Sell Eurnzd 1.6500
Sell Gbpnzd 1.9200

ENJOY
Re: Forex Trading - Season 13 by rozayx5(m): 9:33am On Jul 23, 2013
rozayx5: just sold gold @ current price 1334

breakeven cool

Re: Forex Trading - Season 13 by Kirinwa: 9:51am On Jul 23, 2013
rozayx5:

breakeven cool

Selling gold anywhere is risky cos I know where its headed.I would rather sell around 1345 region.
Re: Forex Trading - Season 13 by meshpips(m): 9:58am On Jul 23, 2013
surveycash: @FOREXMART, Frenchman, Onlineresource and other Trendliners, I greet you.

@All..Morning. Technically speaking, EU and GU are bullish today.
Hmmmnnn.... We shall see 1.5250 today bro.
Enjoy!
Meshach
Re: Forex Trading - Season 13 by rozayx5(m): 10:03am On Jul 23, 2013
Kirinwa:

Selling gold anywhere is risky cos I know where its headed.I would rather sell around 1345 region.

closed the bigger lot @ +40

left 1.0 to run undecided

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