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Forex Trading - Season 13 - Business (618) - Nairaland

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Re: Forex Trading - Season 13 by pinbar(m): 4:33pm On Oct 22, 2013
for those thinking going long on gold, shine your eyes o

Re: Forex Trading - Season 13 by Nobody: 4:59pm On Oct 22, 2013
quick trailing is ma friend when it comes to trading.
Re: Forex Trading - Season 13 by ACM10: 5:23pm On Oct 22, 2013
aguiyi:

you can never take all the pips on the table, just get the ones you can and look for another set up. if possible in other pairs.

if you have an open trade and can not walk away from ur system or even concentrate on other things then you will need to check ur position sizing (lot size) as its obvious its too big.

assuming you have $100 account, divide the $100/500 = 0.2, its means that if you take a position using 0.2 lots, then the market will have to move 500 points before that account is blown but the truth is, how many traders can wait for the market to move 500 pips before they make $100.

Nice one. In other words, greed kills, patience pays. cool
Re: Forex Trading - Season 13 by Nobody: 5:30pm On Oct 22, 2013
aguiyi: quick trailing is ma friend when it comes to trading.
yes o bro! "i thrive on breakouts!''
Re: Forex Trading - Season 13 by zinosleek(m): 6:00pm On Oct 22, 2013
Aggrippa: yes o bro! "i thrive on breakouts!''
yes bro, breakout rule, concentrating on just breakout for d last 2 weeks and yet to record a loss.
Re: Forex Trading - Season 13 by Ifonyinye: 6:11pm On Oct 22, 2013
Very good advice.
ACM10:

Nice one. In other words, greed kills, patience pays. cool

1 Like

Re: Forex Trading - Season 13 by Ifonyinye: 6:14pm On Oct 22, 2013
Very good advice.
aguiyi:

you can never take all the pips on the table, just get the ones you can and look for another set up. if possible in other pairs.

if you have an open trade and can not walk away from ur system or even concentrate on other things then you will need to check ur position sizing (lot size) as its obvious its too big.

assuming you have $100 account, divide the $100/500 = 0.2, its means that if you take a position using 0.2 lots, then the market will have to move 500 points before that account is blown but the truth is, how many traders can wait for the market to move 500 pips before they make $100.
Re: Forex Trading - Season 13 by benpuzzy(m): 1:10am On Oct 23, 2013
Lets sell GU now, Start with 70pips tp.
Note: Nothing is guaranteed in dis biz cos price may rubbish any analysis. All the best.

Re: Forex Trading - Season 13 by frenchman2: 1:33am On Oct 23, 2013
heads and shoulders chart pattern analysis on audchf weekly chart.
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.

1 Like

Re: Forex Trading - Season 13 by bizz(m): 3:10am On Oct 23, 2013
pinbar: for those thinking going long on gold, shine your eyes o
correct guy...closed major position leaving smal to run still expecting a little push....guess everyone should be bracing to buy gbpusd today
Re: Forex Trading - Season 13 by bizz(m): 3:18am On Oct 23, 2013
frenchman2: heads and shoulders chart pattern analysis on audchf weekly chart.
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.
a retracement before entry will be good....then stop below 2nd shoulder...thanks anyway........

Pls I can't make analysis with my tab cos metatrader does not support it....would like to share some info from time to time.....anyone here using a tab with a better software for analysis....
Re: Forex Trading - Season 13 by forexprophet(m): 3:18am On Oct 23, 2013
http://www.dnbforexpriceaction.com/chapter-9-selecting-a-broker/

NAWA O!.....Apart frm indiscipline, fear,greed etc....there are other forces a retail trader battle with......it seems all d forces of forex are actually targeting the retail trader.....which ever way d retail trader will still b facing d monster uncertainty of d market, spread widening,stop loss hunt, untriggerd pending orders, fake price quotes by dealing desk brokers etc etc etc.

Tom abi no be so?.........lol
Re: Forex Trading - Season 13 by saintfaculty(m): 5:11am On Oct 23, 2013
Whats happening, almost all pair going one way

Re: Forex Trading - Season 13 by raycolz84: 5:13am On Oct 23, 2013
benpuzzy: Lets sell GU now, Start with 70pips tp.
Note: Nothing is guaranteed in dis biz cos price may rubbish any analysis. All the best.


Just imagine if you had sold GJ...
menhhh those JPY pairs are really crazy
Re: Forex Trading - Season 13 by bizz(m): 5:29am On Oct 23, 2013
raycolz_84:


Just imagine if you had sold GJ...
menhhh those JPY pairs are really crazy
been selling usdjpy....gbpusd will not likely move down....am looking to buy it if it retest the trendline resistance turned support......unless it breaks it anyway.......usdjpy is likely going to 96 and possibly 95.5over the next couple of days......

More pips to ur elbow......

Re: Forex Trading - Season 13 by Trendline: 5:34am On Oct 23, 2013
Wooooww.....night vigil actually pay off...its time to sleep 163pips
Re: Forex Trading - Season 13 by Trendline: 5:41am On Oct 23, 2013
Trendline: Wooooww.....night vigil actually pay off...its time to sleep 163pips

Re: Forex Trading - Season 13 by Nobody: 5:46am On Oct 23, 2013
while men slept
Re: Forex Trading - Season 13 by saintfaculty(m): 6:03am On Oct 23, 2013
me follow do d vigil o.... wonderful.
Re: Forex Trading - Season 13 by raycolz84: 6:05am On Oct 23, 2013
aguiyi: while men slept

Lol..
Re: Forex Trading - Season 13 by bizz(m): 6:05am On Oct 23, 2013
[quote author=Trendline][/quote] pls can I have those ur indicators....thanks in advance.........stafford621@yahoo.com
Re: Forex Trading - Season 13 by ncpat(m): 6:42am On Oct 23, 2013
ncpat: can somebody explain to me what is happening with UJ?

I have been monitoring this UJ and thank God my sleepless night paid off

Re: Forex Trading - Season 13 by benpuzzy(m): 7:08am On Oct 23, 2013
My Oga, see me see Fx trouble, dis is one of the disadvantages of concentrating on only one pair, i decided to be trading Gu and Gold only.
Though the market is not doing bad, cos i am +15pips on for now, all fingers crossed.

raycolz_84:


Just imagine if you had sold GJ...
menhhh those JPY pairs are really crazy
Re: Forex Trading - Season 13 by caesaraba(m): 7:30am On Oct 23, 2013
benpuzzy: My Oga, see me see Fx trouble, dis is one of the disadvantages of concentrating on only one pair, i decided to be trading Gu and Gold only.
Though the market is not doing bad, cos i am +15pips on for now, all fingers crossed.


That`s how it is sometimes o. GU is pushing down beautifully as we speak. But will close my position before 9:30 news.
Re: Forex Trading - Season 13 by ncpat(m): 8:20am On Oct 23, 2013
selling EU b4 the 9:30 am GU news
Re: Forex Trading - Season 13 by pinbar(m): 8:58am On Oct 23, 2013
Dont get carried away by the GU move just yet....

overall trend is still very much bullish.... pinbar forming on 1hr....

buy GU, sl below wick
Re: Forex Trading - Season 13 by sojmann(m): 8:58am On Oct 23, 2013
ok nau!

Re: Forex Trading - Season 13 by benpuzzy(m): 9:03am On Oct 23, 2013
For those that are riding on Gu with me, congrats cos 86pips locked, FX is sweet, use ur opportunity while it calls. Good morning great forex traders.
Re: Forex Trading - Season 13 by pinbar(m): 9:03am On Oct 23, 2013
Aggrippa: am gonna wait for the reversal and i hope it will be instantaeneous!

your tme. Not guaranteed though
Re: Forex Trading - Season 13 by ncpat(m): 9:10am On Oct 23, 2013
Renko chart confirmed sell on EU but I have to close my 10pips profit because the fear of news in forex trading is the beginning of wisdom

Re: Forex Trading - Season 13 by benpuzzy(m): 9:18am On Oct 23, 2013
My make u take am for Benjohnson, the fear of news...............

ncpat: Renko chart confirmed sell on EU but I have to close my 10pips profit because the fear of news in forex trading is the beginning of wisdom
Re: Forex Trading - Season 13 by ncpat(m): 9:24am On Oct 23, 2013
benpuzzy: My make u take am for Benjohnson, the fear of news...............

This your user name funny no be small, hope u know the meaning?

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