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Forex Trading - Season 14 - Business (212) - Nairaland

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Re: Forex Trading - Season 14 by Nobody: 10:12pm On Dec 11, 2014
what is happening to the market lately? am i the only one that witnessed the plunging of EURJPY from 146.xx to 145.xx over a hundred pips within a minute? yesterday during Asian session. did anyone see that? have noticed this phenomenom occuring several times. price and price movements in the markets tends to differ atimes among different brokers.
Re: Forex Trading - Season 14 by omejeo: 5:40am On Dec 12, 2014
natruetalk:


am done 4 2day's mkt

trade closed with +132pips

Shop closed
yes we did it thanks sir
Re: Forex Trading - Season 14 by Nobody: 10:18am On Dec 12, 2014
Standing aside on selling oil today, I won't rule out a buy though. I don't like the size of the those candles on the sell side anymore from the daily to the 4h and 1h tf. I think a correction is imminent. Now to the big dog DJIA, some more heavy downpour looming!
Re: Forex Trading - Season 14 by omejeo: 10:25am On Dec 12, 2014
naijababe:
Standing aside on oil today, I don't like the size of the those candles anymore from he daily to the 4h and 1h tf. I think a correction is imminent. Now to the big dog DJIA, some more heavy downpour looming!
where u wan enter for dija
Re: Forex Trading - Season 14 by Nobody: 10:26am On Dec 12, 2014
omejeo:
where u wan enter for dija

I have two sells from last night, I am looking to re-enter around 1748x area
Re: Forex Trading - Season 14 by omejeo: 10:31am On Dec 12, 2014
naijababe:


I have two sells from last night, I am looking to re-enter around 1748x area
ok thanks
Re: Forex Trading - Season 14 by Nobody: 10:47am On Dec 12, 2014
We usually take profit on EURUSD on Fridays, get ready to sell EU any moment from now.
Re: Forex Trading - Season 14 by Nobody: 11:22am On Dec 12, 2014
omejeo:
ok thanks

Could not get in there, sold at 17460. I will probably hold till next week, we might see 173xx maybe even 169xx late next week before we get Santa rally and that is if we get it. I bought oil too, I chose to put an sl 59.75

Looks like it is leaning on more sells, I don close my buy at 40 pips
Re: Forex Trading - Season 14 by omejeo: 11:53am On Dec 12, 2014
naijababe:


Could not get in there, sold at 17460. I will probably hold till next week, we might see 173xx maybe even 169xx late next week before we get Santa rally and that is if we get it. I bought oil too, I chose to put an sl 59.75
ok thanks
Re: Forex Trading - Season 14 by omejeo: 2:55pm On Dec 12, 2014
is like oil wan fall today hmm
Re: Forex Trading - Season 14 by Nobody: 3:01pm On Dec 12, 2014
omejeo:
is like oil wan fall today hmm

Yes o and I wan sell when I closed my buy but I thought I should fashi since I had already decided not to sell today. Maybe na today e go reach 50.00
Re: Forex Trading - Season 14 by natruetalk: 3:11pm On Dec 12, 2014
let c if oil can take out July 2009 low. watching.....

if she can, then 55.50 zone next week "very important zone @ my end" watch out!
Re: Forex Trading - Season 14 by natruetalk: 3:30pm On Dec 12, 2014
yen pair likely will vomit next week
Re: Forex Trading - Season 14 by omejeo: 3:33pm On Dec 12, 2014
natruetalk:
yen pair likely will vomit next week
which side sir
Re: Forex Trading - Season 14 by natruetalk: 3:37pm On Dec 12, 2014
omejeo:
which side sir

am forecasting stronger yen. so am expecting most of d yen pair to fall

anything can change in minute sha
Re: Forex Trading - Season 14 by omejeo: 3:40pm On Dec 12, 2014
natruetalk:


am forecasting stronger yen. so am expecting most of d yen pair to fall
ok thanks
Re: Forex Trading - Season 14 by willscolf: 3:44pm On Dec 12, 2014
sold oil @58.75 with 100pips sl like my bros(natruetalk) bt will get out if it closes back above 5900

1 Like

Re: Forex Trading - Season 14 by natruetalk: 4:02pm On Dec 12, 2014
willscolf:
sold oil @58.75 with 100pips sl like my bros(natruetalk) bt will get out if it closes back above 5900

welldone bro

watching on d sideline @ my end
Re: Forex Trading - Season 14 by willscolf: 5:33pm On Dec 12, 2014
willscolf:
sold oil @58.75 with 100pips sl like my bros(natruetalk) bt will get out if it closes back above 5900
logged in 2 c dis hav gone +80pips,chose 2 lock 25pips shaa
Re: Forex Trading - Season 14 by Nobody: 5:43pm On Dec 12, 2014
Omejeo Where are you? Did u get in on DJIA? although my third entry was not great, it now in profit. I am carrying all three to next week hopefully to see 170xx or 169xxx
Re: Forex Trading - Season 14 by willscolf: 5:47pm On Dec 12, 2014
willscolf:
sold oil @58.75 with 100pips sl like my bros(natruetalk) bt will get out if it closes back above 5900
100pips take profit hit,weekend tins pals
Re: Forex Trading - Season 14 by mez(m): 5:55pm On Dec 12, 2014
A huge weekly candle on Dax.
Bearish.
It's eclipsed the last three weeks bulls.
Long term fall starting from Monday.
Re: Forex Trading - Season 14 by omejeo: 5:58pm On Dec 12, 2014
naijababe:
Omejeo Where are you? Did u get in on DJIA? although my third entry was not great, it now in profit. I am carrying all three to next week hopefully to see 170xx or 169xxx
yes o i enter with u will follow till next week thanks
Re: Forex Trading - Season 14 by Nobody: 7:03pm On Dec 12, 2014
mez:
A huge weekly candle on Dax.
Bearish.
It's eclipsed the last three weeks bulls.
Long term fall starting from Monday.

Just beware of Santa rally from 22nd to 24th. It may or may not happen
Re: Forex Trading - Season 14 by mez(m): 7:08pm On Dec 12, 2014
naijababe:


Just beware of Santa rally from 22nd to 24th. It may or may not happen

Santa rally? What's that?
Re: Forex Trading - Season 14 by Nobody: 7:22pm On Dec 12, 2014
mez:


Santa rally? What's that?

Omo mehn!!! No miss am o, it is christmas bonus for traders. Usually on indices and commodities, you often see moves of hundreds of pips in one the days just before Xmas and New year. Last year, oil did 600 pips over 30/31, gold did close to 1000 on New year eve. Not a guarantee but you will get really good pips in either oil, indices /or gold.
Re: Forex Trading - Season 14 by omejeo: 8:58pm On Dec 12, 2014
naijababe:


Omo mehn!!! No miss am o, it is christmas bonus for traders. Usually on indices and commodities, you often see moves of hundreds of pips in one the days just before Xmas and New year. Last year, oil did 600 pips over 30/31, gold did close to 1000 on New year eve. Not a guarantee but you will get really good pips in either oil, indices /or gold.
but if u ar in the wrong side that day na hell be dat
Re: Forex Trading - Season 14 by Nobody: 9:25pm On Dec 12, 2014
omejeo:
but if u ar in the wrong side that day na hell be dat

of course grin YOU try not to be on the wrong side noni
Re: Forex Trading - Season 14 by Nobody: 9:55pm On Dec 12, 2014
Thank God and thank you Dow Jones, we will continue our affair next week. See y'all Monday wink
Re: Forex Trading - Season 14 by mez(m): 10:13pm On Dec 12, 2014
naijababe:


Omo mehn!!! No miss am o, it is christmas bonus for traders. Usually on indices and commodities, you often see moves of hundreds of pips in one the days just before Xmas and New year. Last year, oil did 600 pips over 30/31, gold did close to 1000 on New year eve. Not a guarantee but you will get really good pips in either oil, indices /or gold.

Hmmm. What happens when you have open trades and contract ends?
Re: Forex Trading - Season 14 by Nobody: 10:24pm On Dec 12, 2014
mez:


Hmmm. What happens when you have open trades and contract ends?
I don't leave trades open over the holidays o. I close everything and there's no contract expiry over the period on oil if that's what you are worried about
Re: Forex Trading - Season 14 by mez(m): 10:44pm On Dec 12, 2014
naijababe:
I don't leave trades open over the holidays o. I close everything and there's no contract expiry over the period on oil if that's what you are worried about

I'm concerned about Dax. I have open positions I hedged as it went against me. The contract expires on December 14th, Sunday.

What happens to my open positions?

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