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Forex Trading - Season 13 - Business (430) - Nairaland

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Re: Forex Trading - Season 13 by FOREXMARTS: 10:13am On Jul 23, 2013
Still waiting.... Loading.....
Re: Forex Trading - Season 13 by Kirinwa: 10:40am On Jul 23, 2013
rozayx5:

closed the bigger lot @ +40

left 1.0 to run undecided

I meant well bruv.Enjoy.
Re: Forex Trading - Season 13 by rozayx5(m): 10:44am On Jul 23, 2013
Kirinwa:

I meant well bruv.Enjoy.

grin grin grin grin

( undecided ) meant the market can do what it likes

+60 sha ( I have locked 25pips sha)
Re: Forex Trading - Season 13 by Nobody: 11:03am On Jul 23, 2013
meshpips:
Hmmmnnn.... We shall see 1.5250 today bro.
Enjoy!
Meshach

wouldnt that amount to asking for too much?

1 Like

Re: Forex Trading - Season 13 by FOREXMARTS: 11:09am On Jul 23, 2013
Taken a buy on au @0.92405 targeting 35 pips. Missed ej. Wasn't around by 10.
Re: Forex Trading - Season 13 by meshpips(m): 11:23am On Jul 23, 2013
aguiyi:

wouldnt that amount to asking for too much?
Not at all sir.
Re: Forex Trading - Season 13 by rozayx5(m): 11:39am On Jul 23, 2013
meshpips:
Not at all sir.

i got a sell signal earlier on GBPUSD, 5351

but your price is a bit far, but this FX anything can happen shocked
Re: Forex Trading - Season 13 by natruetalk: 11:39am On Jul 23, 2013
Kirinwa:

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

boss if gold is heading up trader can still make money "CT" from the sell depend on number of pips you wish to catch. when a trade met all your parameter and RR is okay good to go for the pips may be because the way i was being trained. knowing the time to go for less than 20pips and i know the time to go for 100 plus. God bless my oga for this Life and beyond
Re: Forex Trading - Season 13 by rozayx5(m): 11:40am On Jul 23, 2013
FOREXMARTS: Taken a buy on au @0.92405 targeting 35 pips. Missed ej. Wasn't around by 10.

i wud have taken the EJ but i dont like running 2 trades on different pairs
Re: Forex Trading - Season 13 by FOREXMARTS: 11:53am On Jul 23, 2013
Ok now i have created an image of what i was explaining yesterday on drawing trendlines. Don't forget you can join our forex group at whatsapp messenger 08185613528.

Re: Forex Trading - Season 13 by rozayx5(m): 12:02pm On Jul 23, 2013
Still learning PA, hope to join my PA OGA's soon

(earning while learning) grin

Re: Forex Trading - Season 13 by natruetalk: 12:02pm On Jul 23, 2013
rozayx5:

i got a sell signal earlier on GBPUSD, 5351

but your price is a bit far, but this FX anything can happen shocked

meshpips:
Hmmmnnn.... We shall see 1.5250 today bro.
Enjoy!
Meshach

in as much as i believe traders can make gain on any side even in a trending market, but i will avoid selling Gbp/usd for time being
Re: Forex Trading - Season 13 by rozayx5(m): 12:03pm On Jul 23, 2013
wink

back to school

Msc. PA grin

Re: Forex Trading - Season 13 by natruetalk: 12:17pm On Jul 23, 2013
..and that is one of the secret of pair reversal if you can spot it you are ready to get going. to project for number of pips after the neck broken do this

measure from the top head to the left shoulder as indicate with green line the number of pips there is the projection to be looking forward after the break as indicate by the blue line. best is to allow retrace back to the neck to be sure before entering the trade

the good part of this is it happen on all time frame.

cheers

Re: Forex Trading - Season 13 by natruetalk: 12:32pm On Jul 23, 2013
...and if you are using any oscillator along like stoch, macd etc. watch for divergence between the candle shoulders and your oscillator shoulders if you find one, enter with good lot it a good trade.
Re: Forex Trading - Season 13 by meshpips(m): 12:33pm On Jul 23, 2013
natruetalk:



in as much as i believe traders can make gain on any side even in a trending market, but i will avoid selling Gbp/usd for time being
Ok sir. To every man his own.

For those that do harmonic patterns, check GU 5min tf, there is an impending bearish bat with point D around 1.5370/8 region.
Happy trading!
Meshach
Re: Forex Trading - Season 13 by rozayx5(m): 12:36pm On Jul 23, 2013
natruetalk: ..and that is one of the secret of pair reversal if you can spot it you are ready to get going. to project for number of pips after the neck broken do this

measure from the top head to the left shoulder as indicate with green line the number of pips there is the projection to be looking forward after the break as indicate by the blue line. best is to allow retrace back to the neck to be sure before entering the trade

the good part of this is it happen on all time frame.

cheers

thanks will check it out,
already made some pips learning it,
Re: Forex Trading - Season 13 by Nobody: 12:39pm On Jul 23, 2013
Who say forex easy don miss road o lipsrsealed
Re: Forex Trading - Season 13 by elewedu(m): 1:13pm On Jul 23, 2013
OliverPin: Who say forex easy don miss road o lipsrsealed
Forex is difficult,yet what works are vry simple things. i knw dis nt because am profitable,bt i because some people have bought houses worth millions in dis biz jst by rulling jst horizontal lines on the chart nd trading jst GU Those people can read crowd emotions, nd knw pretty well where d money is. Forex is simple,our mind jst would nt appreciate nd accept it,we have been tailored to believe only complex things. I am yet to be profitable because am yet to find and believe the simple things that work. I hope i find one soon

3 Likes

Re: Forex Trading - Season 13 by silibaba: 1:23pm On Jul 23, 2013
How market grin
no leave no transfer grin
Re: Forex Trading - Season 13 by rozayx5(m): 1:24pm On Jul 23, 2013
stopped out on GOlD

with 27 pips, for a total of 67 pips from gold today cool

1 Like

Re: Forex Trading - Season 13 by fxbomovi: 1:52pm On Jul 23, 2013
elewedu: Forex is difficult,yet what works are vry simple things. i knw dis nt because am profitable,bt i because some people have bought houses worth millions in dis biz jst by rulling jst horizontal lines on the chart nd trading jst GU Thoe people can read crowd emotions, nd knw pretty well where d money is. Forex is simple,our mind jst would nt appreciate nd accept it,we have been tailored to believe only complex things. I am yet to be profitable because am yet to find and believe the simple things that work. I hope i find one soon
you are next in line for a miracle...take it by faith. Today is your day for a miracle!

1 Like

Re: Forex Trading - Season 13 by mkmyers45(m): 2:13pm On Jul 23, 2013
Whats the highest price jump on a currency pair in history?
Re: Forex Trading - Season 13 by Kirinwa: 2:13pm On Jul 23, 2013
OliverPin: Who say forex easy don miss road o lipsrsealed

Day trading is not for everyone.Meanwhile join me at 1 am tonight as I take on JPY pairs.
Re: Forex Trading - Season 13 by fxbomovi: 2:20pm On Jul 23, 2013
Just placed my first trade for today. sold usdchf
Re: Forex Trading - Season 13 by FOREXMARTS: 2:35pm On Jul 23, 2013
Serious battle is still raging on audusd. Still holding.
Re: Forex Trading - Season 13 by rozayx5(m): 2:52pm On Jul 23, 2013
fxbomovi: Just placed my first trade for today. sold usdchf

seems you missed the morning Buy
Re: Forex Trading - Season 13 by fxbomovi: 3:17pm On Jul 23, 2013
rozayx5:

seems you missed the morning Buy
yes i missed it. My charger got burnt. I just replaced it this afternoon.
Re: Forex Trading - Season 13 by endfx1(m): 3:29pm On Jul 23, 2013
hmmmmm...inside bearish pin on weekly well spoted PA tinz

Re: Forex Trading - Season 13 by Nobody: 4:12pm On Jul 23, 2013
See as oil just dey mess me about! Ok nau! God dey undecided
Re: Forex Trading - Season 13 by FOREXMARTS: 4:31pm On Jul 23, 2013
FOREXMARTS: Ok now i have created an image of what i was explaining yesterday on drawing trendlines. Don't forget you can join our forex group at whatsapp messenger 08185613528.

Still holding au long.
Re: Forex Trading - Season 13 by meshpips(m): 5:08pm On Jul 23, 2013
meshpips:
For those that do harmonic patterns, check GU 5min tf, there is an impending bearish bat with point D around 1.5370/8 region.
Happy trading!
Meshach
This was a very nice trade! Notice how price found enough supply within the 8-pip sell cluster. I do hope that a few traders took the buy trade and were also smart enough to sell from the point D. That this trade worked perfectly well on 5min tf is proof positive to the fact (and truth) that MARKETS ARE FRACTAL IN NATURE. My honest advice to those who think support/resistance levels don't work effectively on lower tfs is that they should go have a proper re-think. Smaller tfs actually offer more trading opportunities than larger tfs. It is now solely dependent on the trader's skill set to determine what he can max out from the many small waves generated. Enjoy your evening guys! Meshach

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