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Forex Trading - Season 13 - Business (51) - Nairaland

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Re: Forex Trading - Season 13 by Nobody: 11:17pm On Mar 03, 2013
fxbomovi: SENTIMENT TRADING.

When currency pair is rising, try to find out the fundamental reasons behind the rise. Then wait for price to pull back to a support; if the fundamental reasons behind the first rise has not changed, then the pair will rise again from support.

Same applies to when pair is falling. This is the idea behind sentiment trading strategy.

In my next post when am on pc I will give you the site where you can minute by minute update on what is happening in the market, so you will be able to know when sentiment changes.
i tried the wsj and marketwatch, just paid lots of mega-bites for nothing. they were rather confusing. pls be a lil more specific. azin you know na. thankyou grin
Re: Forex Trading - Season 13 by rozayx5(m): 11:21pm On Mar 03, 2013
Hmmm, good
the ATM has started working again
cant wait to hit my buy or sell soon grin grin

*rubs hands and goes to sleep*
sweet dreams *
Re: Forex Trading - Season 13 by Chibenze(m): 11:30pm On Mar 03, 2013
Guys pls i need som1 who is legit nd trusted to fund my lr wit $5 (U1169902), i will pay u true recharge card
Re: Forex Trading - Season 13 by Nobody: 11:49pm On Mar 03, 2013
Kuroda (BOJ governor designate) speaking around 2am..
*Caution if you are holding shorts on any Jpy pair.
Re: Forex Trading - Season 13 by omaojo1: 11:50pm On Mar 03, 2013
@Naijababe lol @ tend to add two and two to get twenty two. Your name was never the substance of my case, the substance being the ponzi scheme that subject was trying to create.

Noted. Pls accept my unreserved apologies.
Re: Forex Trading - Season 13 by Nobody: 12:02am On Mar 04, 2013
omaojo1: @Naijababe lol @ tend to add two and two to get twenty two. Your name was never the substance of my case, the substance being the ponzi scheme that subject was trying to create.

Noted. Pls accept my unreserved apologies.

No shakes babe. We are good. Check out the crudes, na dem and gold be the object of my affection this week
Re: Forex Trading - Season 13 by Parisfran(f): 12:25am On Mar 04, 2013
naijababe:

No shakes babe. We are good. Check out the crudes, na dem and gold be the object of my affection this week
On the 1hr Chart gold seems ready to rise but higher time frame still says down. I'm on the fence till 4hr and 1hr agree to point in the same direction. What do you mine by Oranges? (I'm referring to older posts)
Re: Forex Trading - Season 13 by Nobody: 12:34am On Mar 04, 2013
Paris-fran:

On the 1hr Chart gold seems ready to rise but higher time frame still says down. I'm on the fence till 4hr and 1hr agree to point in the same direction. What do you mine by Oranges? (I'm referring to older posts)

Check out the daily tf chart that I posted on the previous page. Unless the lower trendline is broken again, I am longing gold. It gapped up at +40 pips at the open. I am looking to buy around 1578.
Oranges - The crudes, gold, EU, GU, EJ, AU, DJIA & JPN225
Re: Forex Trading - Season 13 by honeric01(m): 12:40am On Mar 04, 2013
Hi Traders,

I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.

My suggestions are posted by 6pm EST each day.

Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between the close of the market one week and the opening of the market the next week and the market sentiment can often change. Just bear this in mind each Monday.


Overall there is strength in the CAD, USD and AUD.

Overall there is weakness in the GBP, CHF and JPY.



Buy Trades - CAD/JPY, CAD/CHF, AUD/JPY, AUD/CHF, NZD/JPY, USD/JPY, USD/CHF

Sell Trades - EUR/CAD, GBP/USD, GBP/AUD, GBP/NZD, GBP/CAD


Happy Trading,
Andrew
Re: Forex Trading - Season 13 by fxbomovi: 1:16am On Mar 04, 2013
When technical and fundamental is pointing in one direction, trade aggressively...forexlive.com
If this statement is true, then jpy is sure to weaken this month, 1000pips is a possibility.
Re: Forex Trading - Season 13 by ayox2003: 5:29am On Mar 04, 2013
Sold Kiwi @ 08208 and Aussie @ 10134



Frawzey
Re: Forex Trading - Season 13 by piphacker(m): 5:37am On Mar 04, 2013
im buying EURAUD on 4hrs chart.
Re: Forex Trading - Season 13 by ayox2003: 5:52am On Mar 04, 2013
piphacker: im buying EURAUD on 4hrs chart.

I've also been looking at it.

But would wait for the 4hr candle to close above the channel.


Frawzey

Re: Forex Trading - Season 13 by Nobody: 5:55am On Mar 04, 2013
audusd. smiley
Re: Forex Trading - Season 13 by Nobody: 6:00am On Mar 04, 2013
@ayo sire tp hit on audusd buh it seems the aud is in a big shi.t this week... would shortin it again be a wise move or a trigger news should come first?
Re: Forex Trading - Season 13 by Nobody: 6:06am On Mar 04, 2013
@naijababe this is how my tweeter shi.t looks like, i use like 15 columns. when theres a live speach these handles give link for live streaming(mega-bite monster grin ) and also they update live comments as well #JustIncase

Re: Forex Trading - Season 13 by ayox2003: 6:13am On Mar 04, 2013
OliverPin: @ayo sire tp hit on audusd buh it seems the aud is in a big shi.t this week... would shortin it again be a wise move or a trigger news should come first?

If you haven't shorted it earlier i would advice that you wait cos its coming up once again. If it does reach a good top level, then you could sell. Or rather wait till midnight when the RBA would make a decision as to whether to cut interest rates or not.


Frawzey
Re: Forex Trading - Season 13 by Nobody: 6:21am On Mar 04, 2013
ayox2003:

If you haven't shorted it earlier i would advice that you wait cos its coming up once again. If it does reach a good top level, then you could sell. Or rather wait till midnight when the RBA would make a decision as to whether to cut interest rates or not.


Frawzey
hmmmm ok i just took a chill pill. thank you
Re: Forex Trading - Season 13 by rozayx5(m): 6:46am On Mar 04, 2013
naijababe:

Check out the daily tf chart that I posted on the previous page. Unless the lower trendline is broken again, I am longing gold. It gapped up at +40 pips at the open. I am looking to buy around 1578.
Oranges - The crudes, gold, EU, GU, EJ, AU, DJIA & JPN225

lipsrsealed lipsrsealed

Re: Forex Trading - Season 13 by ayox2003: 7:33am On Mar 04, 2013
ayox2003: Sold Kiwi @ 08208 and Aussie @ 10134



Frawzey


Just added TP to them both. Kiwi = 0.8158 (50pips); Aussie = 1.000 (134pips)

Oliver, if u could reduce ur lot size for a wide SL. Enter with same target.


Frawzey
Re: Forex Trading - Season 13 by Kashif(m): 8:40am On Mar 04, 2013
Good morning pips peeps. Welcome to a brand new week. It is possible to take just one trade this week.... stay positive!
Re: Forex Trading - Season 13 by Optimisticgondy(m): 9:06am On Mar 04, 2013
rozayx5:

lipsrsealed lipsrsealed
Please check your Forex Research thread
Re: Forex Trading - Season 13 by Davidcruze(m): 9:37am On Mar 04, 2013
wink i have been greatly inspayerd to lean fx, by time, i no one day i will be a fx guru like u gize.
Re: Forex Trading - Season 13 by martog: 9:38am On Mar 04, 2013
A week full of interest rates...lets see how many hundreds of pips it will bring to the table. Have a great week guys.
Re: Forex Trading - Season 13 by fxyoube(m): 9:43am On Mar 04, 2013
i need $40 of LR to buy
Re: Forex Trading - Season 13 by Davidcruze(m): 10:13am On Mar 04, 2013
U gize are my nomber one motivators, dis trend as become an addiction, i am nevus to be done with schooling at baby pipssmiley,hopeing to be a pips unter some day.cheesy
Re: Forex Trading - Season 13 by Davidcruze(m): 10:14am On Mar 04, 2013
U gize are my nomber one motivators, dis trend as become an addiction me, i am nevus to be done with my schooling at baby pipssmiley,hopeing to be a pips unter some day.cheesy
Re: Forex Trading - Season 13 by rozayx5(m): 10:47am On Mar 04, 2013
Optimisticgondy: Please check your Forex Research thread

replied u cool
Re: Forex Trading - Season 13 by erniok(m): 10:51am On Mar 04, 2013
ayox2003:

I've also been looking at it.

But would wait for the 4hr candle to close above the channel.


Frawzey

EA is falling like its hot. shorted @ 1.2856 tp 1.2750.
Re: Forex Trading - Season 13 by ayox2003: 11:20am On Mar 04, 2013
erniok:

EA is falling like its hot. shorted @ 1.2856 tp 1.2750.

Omo, I didn't short it jare cos I was reluctant in running 3 trades. That break-out was a fake-out afterall. Still within the channel.


Frawzey
Re: Forex Trading - Season 13 by thazz(m): 11:49am On Mar 04, 2013
9c 1

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