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Forex Trading - Season 13 - Business (57) - Nairaland

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Re: Forex Trading - Season 13 by erniok(m): 2:36pm On Mar 08, 2013
see pips galore when i done close my shorts. angry angry angry
Re: Forex Trading - Season 13 by kenny1984: 2:37pm On Mar 08, 2013
As if i knew that the USD would lead of all the pairs, my UCHF, UJ, long all up. My GU short also up in pips.... cheesy cheesy grin.Moved all trades to BE...Thanks NFP
Re: Forex Trading - Season 13 by martog: 2:37pm On Mar 08, 2013
I do hope newbies are watching how NF Payroll day is always erratic. A good lesson for everyone indeed!
Re: Forex Trading - Season 13 by martog: 2:39pm On Mar 08, 2013
kenny1984: As if i knew that the USD would lead of all the pairs, my UCHF, UJ, AJ, EJ long all up. My GU short also up in pips.... cheesy cheesy grin.Moved all trades to BE...Thanks NFP

You must be feeling like George Soros grin
Re: Forex Trading - Season 13 by teeboy4x(m): 2:39pm On Mar 08, 2013
SEE MOVEMENT

Re: Forex Trading - Season 13 by rozayx5(m): 2:40pm On Mar 08, 2013
rozayx5:

Your EJ buy is the right trade cool cool





grin grin grin
same here, if your analysis is against bbstop and Gann on My side, then we are seeing different things

Bbstop keeping GBPUSD down shocked

lipsrsealed lipsrsealed

Re: Forex Trading - Season 13 by rozayx5(m): 2:42pm On Mar 08, 2013
kenny1984: As if i knew that the USD would lead of all the pairs, my UCHF, UJ, AJ, EJ long all up. My GU short also up in pips.... cheesy cheesy grin.Moved all trades to BE...Thanks NFP

cool
Re: Forex Trading - Season 13 by sam4God(m): 2:43pm On Mar 08, 2013
LET EVERYONE KNOW THAT YOU CAN BUY LIBERTY RESERVE AT LOW RATE AT RATE OF 173 PER DOLAR
YOU CAN CONTACT ME ON 07031851841
Re: Forex Trading - Season 13 by rozayx5(m): 2:50pm On Mar 08, 2013
NFP made my quarter grin
Re: Forex Trading - Season 13 by kenny1984: 2:51pm On Mar 08, 2013
rozayx5:

cool

Closed the EJ and AJ.Prefer to see Price establish itself before reentering.As for the UCHF, still up and GU still going strong.Adding a UCAD short to the mix...
Re: Forex Trading - Season 13 by infofirst(m): 2:53pm On Mar 08, 2013
teeboy4x: SEE MOVEMENT

My ecad sell took my sl before that long candle down n kai.Always next time sha
Re: Forex Trading - Season 13 by teeboy4x(m): 2:54pm On Mar 08, 2013
rozayx5: NFP made my quarter grin

WHAT HAPPEND TO EC
Re: Forex Trading - Season 13 by teeboy4x(m): 2:56pm On Mar 08, 2013
infofirst:

My ecad sell took my sl before that long candle down n kai.Always next time sha

really sowie abt dat...wat of other pairs
Re: Forex Trading - Season 13 by teeboy4x(m): 3:09pm On Mar 08, 2013
SEE CRAZY MOVEMENT ON EC shocked shocked shocked
Re: Forex Trading - Season 13 by rozayx5(m): 3:20pm On Mar 08, 2013
teeboy4x:

WHAT HAPPEND TO EC

one word: MADNESS grin grin
Re: Forex Trading - Season 13 by kenny1984: 3:30pm On Mar 08, 2013
does anyone see the inverted hammer on the 4hr tf on EJ.This looks like a bearish signal to me.Will see PA to d downside before considering a sell on EJ

Re: Forex Trading - Season 13 by endfx1(m): 3:33pm On Mar 08, 2013
rozayx5:

one word: MADNESS grin grin

Total madness...lol

Re: Forex Trading - Season 13 by fxbomovi: 3:49pm On Mar 08, 2013
What happened to your partner 'non farm payroll?'
rozayx5: NFP made my quarter grin
Re: Forex Trading - Season 13 by Nobody: 3:55pm On Mar 08, 2013
kenny1984: does anyone see the inverted hammer on the 4hr tf on EJ.This looks like a bearish signal to me.Will see PA to d downside before considering a sell on EJ
If this 4hr candle closes below 124.50 then I'm out. Expected it to test 127 today but its looking impossible.
Re: Forex Trading - Season 13 by infofirst(m): 4:12pm On Mar 08, 2013
teeboy4x:

really sowie abt dat...wat of other pairs

my uj doing fine from 94.70 and counting greeni n eu yet to pick my pending other at 1.2890 since one week now
Re: Forex Trading - Season 13 by teeboy4x(m): 4:19pm On Mar 08, 2013
infofirst:

my uj doing fine from 94.70 and counting greeni n eu yet to pick my pending other at 1.2890 since one week now

grin grin grin DATS GUD grin grin grin

WISH YA ALL D BEST
Re: Forex Trading - Season 13 by infofirst(m): 4:24pm On Mar 08, 2013
teeboy4x:

really sowie abt dat...wat of other pairs

my uj doing fine from 94.70 and counting greeni n eu yet to pick my pending other at 1.2890 since one week now

tanx n guess u had a good week as well
Re: Forex Trading - Season 13 by infofirst(m): 4:25pm On Mar 08, 2013
teeboy4x:

really sowie abt dat...wat of other pairs

tanx n guess u had a good week as well

eu 299x refuse to give way hmmm.
Re: Forex Trading - Season 13 by teeboy4x(m): 4:37pm On Mar 08, 2013
infofirst:

tanx n guess u had a good week as well

eu 299x refuse to give way hmmm.

JUX TAKING MA TIME TO LEARN,CURRENTLY TRADIN BAINARY OPTION FOR NOW
Re: Forex Trading - Season 13 by Nobody: 6:02pm On Mar 08, 2013
martog:

Discipline is the watch-word here, bro.
thanks alot niggur. am trying my best. so many factors around me are pulling it down....
Re: Forex Trading - Season 13 by ACM10: 6:08pm On Mar 08, 2013
Today's market is terrible for us trend traders. It's volatility can blow your account if you gets emotional. Better to rest. Sometimes you lose.
Re: Forex Trading - Season 13 by Nobody: 6:32pm On Mar 08, 2013
My second day of trading LIVE. i have never been so tensed in my life before. now i know the difference btw demo and Live trading. it was easier to make gains in demo but in live account i just dont see those signals again, mayb pressure. As for nfp, i knew US economy was good so i bought USDJPY 15mins before the release(SO RISKY) it moved so fast my heart almost fell off, i had to closed Quickly so as not to slump(pressure). Funded a live acct with 40% of my school fees which Leveraged the pressure already piled up for 7months of anticipation(Live Trading). FOREX IS NOT A JOKE OOH. Baby pips never lessoned me about PRESSURE,. even my enzyms vibrate when i am abt to click BUY or SELL. LESSON1- panic trade will and must result to loss. LESSON2- Greed could pay fast and could kill faster. LESSON3- Dont try to be awesome overnight. closed my laptop 20mins after nfp so i wont be tempted to make a wrong move, for the past 50hours, i have made wrongly and roughly 20 entries but thank God nfp(Luck) got my acct a little bit past my deposit. sad I Hope next week, my sense of discipline would click. I have A LOT to learn I MUST CONFESS. Luck got me through, i could have blasted out my acct two days trading live. I am saying this for the experience trader who can give a better advise and also for new traders who are yet to trade live. LEARN from my mistake. Happy weekend all.
Re: Forex Trading - Season 13 by fxisreal: 6:57pm On Mar 08, 2013
OliverPin: My second day of trading LIVE. i have never been so tensed in my life before. now i know the difference btw demo and Live trading. it was easier to make gains in demo but in live account i just dont see those signals again, mayb pressure. As for nfp, i knew US economy was good so i bought USDJPY 15mins before the release(SO RISKY) it moved so fast my heart almost fell off, i had to closed Quickly so as not to slump(pressure). Funded a live acct with 40% of my school fees which Leveraged the pressure already piled up for 7months of anticipation(Live Trading). FOREX IS NOT A JOKE OOH. Baby pips never lessoned me about PRESSURE,. even my enzyms vibrate when i am abt to click BUY or SELL. LESSON1- panic trade will and must result to loss. LESSON2- Greed could pay fast and could kill faster. LESSON3- Dont try to be awesome overnight. closed my laptop 20mins after nfp so i wont be tempted to make a wrong move, for the past 50hours, i have made wrongly and roughly 20 entries but thank God nfp(Luck) got my acct a little bit past my deposit. sad I Hope next week, my sense of discipline would click. I have A LOT to learn I MUST CONFESS. Luck got me through, i could have blasted out my acct two days trading live. I am saying this for the experience trader who can give a better advise and also for new traders who are yet to trade live. LEARN from my mistake. Happy weekend all.

lucky you this time, but the bolded part fear me because this business no dey pity trader o. good to let new comer knows that there is different between the demo and real account. just take note that no matter practice u have had before starting Live account, you will always learn new things on your trade everyday. just becareful if you should continue with your Live trading using 0.01 lot could be better for your condition so as to get more emotional stable and to last longer on your trade. the bases of buy the UJ as in US economy may burn your account next time because what is moving forex is beyond that. Us economy may be good and you see UJ continung deeping. have you taking into consideration japan economy as well. this is 2 different country's currency. goodluck
Re: Forex Trading - Season 13 by malignant1: 7:04pm On Mar 08, 2013
ACM10: Today's market is terrible for we trend traders. It's volatility can blow your account if you gets emotional. Better to rest. Sometimes you lose.
Re: Forex Trading - Season 13 by malignant1: 7:08pm On Mar 08, 2013
What a day!
Re: Forex Trading - Season 13 by teeboy4x(m): 7:17pm On Mar 08, 2013
fxisreal:

lucky you this time, but the bolded part fear me because this business no dey pity trader o. good to let new comer knows that there is different between the demo and real account. just take note that no matter practice u have had before starting Live account, you will always learn new things on your trade everyday. just becareful if you should continue with your Live trading using 0.01 lot could be better for your condition so as to get more emotional stable and to last longer on your trade. the bases of buy the UJ as in US economy may burn your account next time because what is moving forex is beyond that. Us economy may be good and you see UJ continung deeping. have you taking into consideration japan economy as well. this is 2 different country's currency. goodluck

Guy u be MTN?
U jux dey everywhr grin grin grin
Re: Forex Trading - Season 13 by endfx1(m): 7:20pm On Mar 08, 2013
OliverPin: My second day of trading LIVE. i have never been so tensed in my life before. now i know the difference btw demo and Live trading. it was easier to make gains in demo but in live account i just dont see those signals again, mayb pressure. As for nfp, i knew US economy was good so i bought USDJPY 15mins before the release(SO RISKY) it moved so fast my heart almost fell off, i had to closed Quickly so as not to slump(pressure). Funded a live acct with 40% of my school fees which Leveraged the pressure already piled up for 7months of anticipation(Live Trading). FOREX IS NOT A JOKE OOH. Baby pips never lessoned me about PRESSURE,. even my enzyms vibrate when i am abt to click BUY or SELL. LESSON1- panic trade will and must result to loss. LESSON2- Greed could pay fast and could kill faster. LESSON3- Dont try to be awesome overnight. closed my laptop 20mins after nfp so i wont be tempted to make a wrong move, for the past 50hours, i have made wrongly and roughly 20 entries but thank God nfp(Luck) got my acct a little bit past my deposit. sad I Hope next week, my sense of discipline would click. I have A LOT to learn I MUST CONFESS. Luck got me through, i could have blasted out my acct two days trading live. I am saying this for the experience trader who can give a better advise and also for new traders who are yet to trade live. LEARN from my mistake. Happy weekend all.

Hahahahahaha....guy you don make me laugh die on the bolded !!!! Forex is better experienced on a LIVE account than a DEMO..Its good you are taking a bold step towards becoming a good trader by trading live.

One thing that will really help you as a beginner is PROPER MM (micro lots trading) and try to avoid trading the lower TF's frames as this will not help your emotional stability and you can't build confidence based on that due to the noice of the lower TF's.

So doing more of the higher time frame trading will greatly increase your confidence in the market.

Cheer's!

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