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Forex Trading - Season 14 - Business (204) - Nairaland

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Re: Forex Trading - Season 14 by Nobody: 4:32pm On Dec 03, 2014
natruetalk:


bough with 100pips sl

i will jump out if 67.4 taken out be4 my sl hit

if am right i will watchout for 68.30 levels as well

Waiting for the hourly candle to finish, if I end up buying, I will be aiming for 69.40.
Re: Forex Trading - Season 14 by natruetalk: 4:35pm On Dec 03, 2014
natruetalk:


bough with 100pips sl

i will jump out if 67.4 taken out be4 my sl hit

if am right i will watchout for 68.30 levels as well

closed dis trade with +4pips

d data not too guud
Re: Forex Trading - Season 14 by natruetalk: 4:47pm On Dec 03, 2014
naijababe:


Waiting for the hourly candle to finish, if I end up buying, I will be aiming for 69.40.

same here i closed to stand aside till close of dis current candle. will buy again if situation look good otherwise na to close shop for 2day.
Re: Forex Trading - Season 14 by Nobody: 5:05pm On Dec 03, 2014
natruetalk:


same here i closed to stand aside till close of dis current candle. will buy again if situation look good otherwise na to close shop for 2day.

Bought! Would be checking reaction at 69.3x though.
Re: Forex Trading - Season 14 by natruetalk: 5:22pm On Dec 03, 2014
1 of d tricky day

anyway i still stand aside watching my zone

Re: Forex Trading - Season 14 by Nobody: 5:33pm On Dec 03, 2014
naijababe:

Waiting for the hourly candle to finish, if I end up buying, I will be aiming for 69.40.

Closed! -35pips
Re: Forex Trading - Season 14 by natruetalk: 5:38pm On Dec 03, 2014
d fight still on at dis level

i will follow d winner

d upward move fear 68.30 levels wondering around 67.40 not guud 4 d BULL watching...

Re: Forex Trading - Season 14 by Nobody: 5:56pm On Dec 03, 2014
Would much rather sell below 67.00
Re: Forex Trading - Season 14 by natruetalk: 6:01pm On Dec 03, 2014
natruetalk:
d fight still on at dis level

i will follow d winner

d upward move fear 68.30 levels wondering around 67.40 not guud 4 d BULL watching...

am looking 4 a retrace and move away from d 67.40 to join trade
Re: Forex Trading - Season 14 by natruetalk: 6:25pm On Dec 03, 2014
natruetalk:
d fight still on at dis level
i will follow d winner
d upward move fear 68.30 levels wondering around 67.40 not guud 4 d BULL watching...

natruetalk:


am looking 4 a retrace and move away from d 67.40 to join trade

i will take my risk from here

just sold @ 67.34 sl 68.34

still a tricky day. if 40pips move against me i jump out be4 sl hit

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Re: Forex Trading - Season 14 by natruetalk: 8:23pm On Dec 03, 2014
natruetalk:

i will take my risk from here
just sold @ 67.34 sl 68.34
still a tricky day. if 40pips move against me i jump out be4 sl hit

trade closed +15pips
make i go relax with Arsenal match
Shop closed
Re: Forex Trading - Season 14 by Bennyhawk: 8:00am On Dec 04, 2014
Good morning, please I need help from Naijababe and Natruetalk on trading Dow jones, Dax and other indices. Advice or Tutorials will help, Thanks in anticipation
Re: Forex Trading - Season 14 by brio(m): 8:10am On Dec 04, 2014
Is any body using forextime broker here. How is their services recently? I once use them long time ago but stopped. I need your candid ans unbiased review.
Re: Forex Trading - Season 14 by latestsunny(m): 9:08am On Dec 04, 2014
brio:
Is any body using forextime broker here. How is their services recently? I once use them long time ago but stopped. I need your candid ans unbiased review.


i have been using them for a while now. So far so good, i don't have issue yet.
Re: Forex Trading - Season 14 by espeefx: 9:29am On Dec 04, 2014
Millionjeff:


Bros can you be more explicit on this price trading technique pls,to we newbie.thanks.


price action is the art of making your trade decisions base on the raw price chart without the aid of indicators such as parabolic,stocastic, RSI etc. so with price action you will be able to know how to read any price chart to trade. price action gives you better edge in the sense that you dont just trade without genuine reason. there are techniques in trading with price action so one need to learn it. forex is a profession which one must learn all the necessary antics enough. Trading with news or indicator is a sure way for anybody to ruin his/her account. so price action is simple yet very effective way of trading forex. it let you know when to enter a trade, where to take profit, where to put stop loss, amount to risk in relation to margin, it instill discipline in you......email @ petersespee@gmail.com
Re: Forex Trading - Season 14 by espeefx: 9:44am On Dec 04, 2014
EURGBP daily chart: the pin bar setup that formed @ key support level offer good ratio risk to reward of 1:4 and as i always say dont rush after the market allow market to always come to you. thus is pretty good to look for trade setup with confluence.

1 Like

Re: Forex Trading - Season 14 by espeefx: 9:52am On Dec 04, 2014
The longer i neeed to examine a chart, the less likely the market in question is offering trade opportunity.
untill your chart speaks to you then you yet to learn price action trading technique.
price is what you trade when you talk about forex trading so why not study only the price act.
Re: Forex Trading - Season 14 by deflover(m): 10:06am On Dec 04, 2014
eu looks good for bull....i took a buy from 1.2305 tp 1.2877 grin grin grin
Re: Forex Trading - Season 14 by Nobody: 10:57am On Dec 04, 2014
Stalking oil and gold. Oil currently neutral, will buy above 68.20 and sell below 66.70

Gold, my preference is a buy unless 1203 is cleared.

1 Like

Re: Forex Trading - Season 14 by Nobody: 11:08am On Dec 04, 2014
Bennyhawk:
Good morning, please I need help from Naijababe and Natruetalk on trading Dow jones, Dax and other indices. Advice or Tutorials will help, Thanks in anticipation

I am so sorry, have my hands full. I can't spare the time. But I'd suggest a trader and can recommend Leopower if he can spare the time. Best wishes.
Re: Forex Trading - Season 14 by orpeeh: 11:10am On Dec 04, 2014
still learning

1 Like

Re: Forex Trading - Season 14 by natruetalk: 3:28pm On Dec 04, 2014
what gona na be 2day's game

oil will print too much pips once it find direction, not on any side for now but will be watching d zone for my trade

Re: Forex Trading - Season 14 by willscolf: 3:42pm On Dec 04, 2014
sold oil @66.36,sl 60pips,lets c how it goes
Re: Forex Trading - Season 14 by Nobody: 3:56pm On Dec 04, 2014
willscolf:
sold oil @66.36,sl 60pips,lets c how it goes

Looks like 66.67 break was a fake out. Just got out of my sell @ -22 pips
Re: Forex Trading - Season 14 by willscolf: 4:20pm On Dec 04, 2014
willscolf:
sold oil @66.36,sl 60pips,lets c how it goes
sl hit undecided wil wait 4 a clearer direction
Re: Forex Trading - Season 14 by natruetalk: 4:25pm On Dec 04, 2014
willscolf:
sold oil @66.36,sl 60pips,lets c how it goes

sorry bro.. tight SL spoil d show 4 ur trade, there is still probabilities d move will get to 65.7x levels. am looking 2 join d move down to to d zone if dis candle give go ahead
Re: Forex Trading - Season 14 by Nobody: 4:38pm On Dec 04, 2014
I think oil is going to finish the day bullish, holding on to a buy on gold instead.

Re: Forex Trading - Season 14 by natruetalk: 4:45pm On Dec 04, 2014
natruetalk:


sorry bro.. tight SL spoil d show 4 ur trade, there is still probabilities d move will get to 65.7x levels. am looking 2 join d move down to to d zone if dis candle give go ahead

just sold oil @ 66.76 Sl 67.76

i will jump out if this current candle cleared out

Re: Forex Trading - Season 14 by Nobody: 5:03pm On Dec 04, 2014
Bought oil, inverted 3 buddha candle pattern. Rare formation

Re: Forex Trading - Season 14 by willscolf: 5:26pm On Dec 04, 2014
naijababe:


Looks like 66.67 break was a fake out. Just got out of my sell @ -22 pips
stil re-entered sell @66.50,sl 90pips
Re: Forex Trading - Season 14 by Nobody: 5:34pm On Dec 04, 2014
willscolf:
stil re-entered sell @66.50,sl 90pips

Ok, I have a buy now which imo will only be nullified if 66.06 is broken, I can't miss that 3 buddha pattern, too good to ignore
Re: Forex Trading - Season 14 by Jcob(m): 5:47pm On Dec 04, 2014
Aunty Naijababe what do you think of dax? I just bought.

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