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Forex Trading - Season 13 - Business (76) - Nairaland

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Re: Forex Trading - Season 13 by infofirst(m): 8:54pm On Mar 17, 2013
endfx1:

EU... 1.318xx is the area to watch for a sell off if it bulls from Monday am having conflicting signals here for now so my bias is sideline till something happens

eu at 1.293x for now
Re: Forex Trading - Season 13 by erniok(m): 8:56pm On Mar 17, 2013
naijababe:

Probably true. The IMF is demanding that the Cypriot govt raid the bank deposits of their citizens by up to 10% in order to get a bail out.

EJ is will supposedly gap down by almost 300 pips angry cry lipsrsealed
hope say na true cos i sold AU, EU and bought UCad before market closed based on weekly pivots. na hammer be this ohhh.
Re: Forex Trading - Season 13 by infofirst(m): 8:58pm On Mar 17, 2013
infofirst: My eu pending trade refuse to pick for the past two weeks at 1.289x. My support for this week for eu is at 1.2876 while my pending buy still at 1.2890 and my resistance is at 1.314x. Market condition and time when we approach any of the two will determine what i will do next.Happi trading week to all.

watching n waiting for mkt open on my eu pending. i hope my uj bull no go murder me sha when market open
Re: Forex Trading - Season 13 by Theyjih: 9:06pm On Mar 17, 2013
End of week b4 e start...congrats y'all pls pass the comiissn... oga @the top say so.
pls upload d pdf link again thnkx
Re: Forex Trading - Season 13 by Nobody: 9:13pm On Mar 17, 2013
Theyjih: End of week b4 e start...congrats y'all pls pass the comiissn... oga @the top say so.
pls upload d pdf link again thnkx

grin grin grin grin

1 Like

Re: Forex Trading - Season 13 by infofirst(m): 9:31pm On Mar 17, 2013
"I fear not the man who has practice 10,000 kicks once, but i fear the man who has practiced one kick 10,000 times"- Bruce Lee


"I fear not the man who has practice Forex trading with hundreds of pairs, but i fear the man who has traded only one currency pair more than 10,000 times"- Infofirst. grin grin grin grin grin grin grin
Re: Forex Trading - Season 13 by fxbomovi: 9:35pm On Mar 17, 2013
Welcome to a pipfull week IJN
Re: Forex Trading - Season 13 by Theyjih: 9:40pm On Mar 17, 2013
naijababe:

grin grin grin grin
pls hav u tried dl d pdf? Pls fwd 2 my mail thnkz
Re: Forex Trading - Season 13 by infofirst(m): 10:05pm On Mar 17, 2013
Insta us server open and eu at 1.290x
Re: Forex Trading - Season 13 by dagr8(m): 10:08pm On Mar 17, 2013
grin grin grin grin grin grin
infofirst:

"I fear not the man who has practice Forex trading with hundreds of pairs, but i fear the man who has traded only one currency pair more than 10,000 times"- Infofirst. grin grin grin grin grin grin grin

Re: Forex Trading - Season 13 by OMARANYA(f): 10:09pm On Mar 17, 2013
[center][/center]
infofirst: Insta us server open and eu at 1.290x
Fellow traders, sth amazing just happened on my instaforex account. I had an open order for EU at 1.30682 on Friday with stop loss at 1.3040. Just checked my platform to see a loss of 165 pips recorded against my account. Pls is dis normal?
Re: Forex Trading - Season 13 by erniok(m): 10:10pm On Mar 17, 2013
insta don open. forex money na blood money. i dey close all my positions. a total of 270 pips and week never start. na AChf i go open go sleep.
Re: Forex Trading - Season 13 by Nobody: 10:10pm On Mar 17, 2013
OMARANYA: [center][/center]
Fellow traders, sth amazing just happened on my instaforex account. I had an open order for EU at 1.30682 on Friday with stop loss at 1.3040. Just checked my platform to see a loss of 165 pips recorded against my account. Pls is dis normal?

Yes. Gaps do not respect SL. Ndo o my sister.
Re: Forex Trading - Season 13 by Nobody: 10:11pm On Mar 17, 2013
erniok: insta don open. forex money na blood money. i dey close all my positions. a total of 270 pips and week never start. na AChf i go open go sleep.

If i were you, i wont even open nada!
Re: Forex Trading - Season 13 by Nobody: 10:11pm On Mar 17, 2013
OMARANYA: [center][/center]
Fellow traders, sth amazing just happened on my instaforex account. I had an open order for EU at 1.30682 on Friday with stop loss at 1.3040. Just checked my platform to see a loss of 165 pips recorded against my account. Pls is dis normal?
I heard gaps" dont respect SL... sorry miss lipsrsealed
Re: Forex Trading - Season 13 by Nobody: 10:13pm On Mar 17, 2013
Long on EU
Re: Forex Trading - Season 13 by infofirst(m): 10:14pm On Mar 17, 2013
OMARANYA: [center][/center]
Fellow traders, sth amazing just happened on my instaforex account. I had an open order for EU at 1.30682 on Friday with stop loss at 1.3040. Just checked my platform to see a loss of 165 pips recorded against my account. Pls is dis normal?
very normal cos gap dont respect stop loss.One of the evil of keeping position over d weekend

erniok: insta don open. forex money na blood money. i dey close all my positions. a total of 270 pips and week never start. na AChf i go open go sleep.

Congrat n make u no close shop yet like the commercial bus driver used to do oh. grin grin grin grin grin grin
Re: Forex Trading - Season 13 by infofirst(m): 10:15pm On Mar 17, 2013
OliverPin: Long on EU

Where is sl n tp ?
Re: Forex Trading - Season 13 by erniok(m): 10:15pm On Mar 17, 2013
naijababe:

If i were you, i wont even open nada!
thanks sis. let me wait till morning. kai tonite sleep go sweet.
Re: Forex Trading - Season 13 by Nobody: 10:17pm On Mar 17, 2013
erniok:
thanks sis. let me wait till morning. kai tonite sleep go sweet.

Good man. Let the asians digest the gaps first.
Re: Forex Trading - Season 13 by erniok(m): 10:17pm On Mar 17, 2013
infofirst:
very normal cos gap dont respect stop loss.One of the evil of keeping position over d weekend



Congrat n make u no close shop yet like the commercial bus driver used to do oh. grin grin grin grin grin grin
bros tanx. i don close already. i no wan riskm at all. na AChf setup i dey look.
Re: Forex Trading - Season 13 by fxbomovi: 10:30pm On Mar 17, 2013
When a euro related news comes out in a session other than the london session, expect them to also react to the news. So i guess euro will keep falling until the new york market opens. New york traders will now try to close the gap. Based on the above, i think eu buy may not be a good idea. Thank God for stop loss sha.
OliverPin: Long on EU
Re: Forex Trading - Season 13 by olisavicto(m): 10:32pm On Mar 17, 2013
OMARANYA: [center][/center]
Fellow traders, sth amazing just happened on my instaforex account. I had an open order for EU at 1.30682 on Friday with stop loss at 1.3040. Just checked my platform to see a loss of 165 pips recorded against my account. Pls is dis normal?

There was a gas of about 170 pips. gap does not respect stop loss, so insta hasn't done anything wrong
Re: Forex Trading - Season 13 by kenny1984: 10:46pm On Mar 17, 2013
naijababe:

Probably true. The IMF is demanding that the Cypriot govt raid the bank deposits of their citizens by up to 10% in order to get a bail out.

EJ is will supposedly gap down by almost 300 pips angry cry lipsrsealed

Hmmm...I left 3 trades open entering the weekend: a buy on EU @ 1.3073 and short on EJ @ 124.522 and Short on UJ @ 95.24. Just checked that bloomberg page to see if its true. Also checked http://fxtrade.oanda.com/ to see what market prices are now.mehn i would be losing in the EU buy, but the two short trades would cover for my losses and i would be able to make some gains...Lets wait and see
Re: Forex Trading - Season 13 by LUCAS99: 10:59pm On Mar 17, 2013
Is anybody seeing the gap on EJ from 124.90 to 121.47.Kai this kind of moves are the one that causes margin calls, hope nobody left any open positions during the weekend.
Re: Forex Trading - Season 13 by infofirst(m): 11:04pm On Mar 17, 2013
Kai, reasonable pips on uj turn to minus 5, oluwa is involved atleast n its still manageable 1.2890 buy for eu, make u pick oh overnight.
Re: Forex Trading - Season 13 by fxbomovi: 11:05pm On Mar 17, 2013
fxbomovi: When a euro related news comes out in a session other than the london session, expect them to also react to the news. So i guess euro will keep falling until the new york market opens. New york traders will now try to close the gap. Based on the above, i think eu buy may not be a good idea. Thank God for stop loss sha.
Re: Forex Trading - Season 13 by kenny1984: 11:08pm On Mar 17, 2013
kenny1984:

Hmmm...I left 3 trades open entering the weekend: a buy on EU @ 1.3073 and short on EJ @ 124.522 and Short on UJ @ 95.24. Just checked that bloomberg page to see if its true. Also checked http://fxtrade.oanda.com/ to see what market prices are now.mehn i would be losing in the EU buy, but the two short trades would cover for my losses and i would be able to make some gains...Lets wait and see

My broker just opened.my EU buy was -150 pips but my EJ short is +215 pips and UJ is + 52pips.Closing all the trades.
Re: Forex Trading - Season 13 by honeric01(m): 11:11pm On Mar 17, 2013
kenny1984:

My broker just opened.my EU buy was -150 pips but my EJ short is +215 pips and UJ is + 52pips.Closing all the trades.

Why not leave the EU?
Re: Forex Trading - Season 13 by infofirst(m): 11:14pm On Mar 17, 2013
honeric01:

Why not leave the EU?

seconded
Re: Forex Trading - Season 13 by Rich4god(m): 11:18pm On Mar 17, 2013
Insta at it again... They debited my account with the gap that went against me... Only to close the winning trade, saying its a gap. Why didnt they actully say the lossing trade was a gap too. All these brokers self.
Re: Forex Trading - Season 13 by kenny1984: 11:19pm On Mar 17, 2013
honeric01:

Why not leave the EU?

Cos it might still continue to go down and since my Short trades were in profit, and the gaps would close, i prefer to close all and view everything from a new perspective and that is trading the gap.I understand where you are going, but i think its safe this way.

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