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Forex Trading - Season 14 - Business (34) - Nairaland

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Re: Forex Trading - Season 14 by infofirst(m): 4:32pm On Jul 09, 2014
naijababe:

So am i jare, I had to move my sl to 10200 though after consulting my fib lines.

Make d tin sha no touch last month low...my 102.42 picked n went to plus 26 n then came to close at BE n ganna join buy again any moment
Re: Forex Trading - Season 14 by natruetalk: 6:59pm On Jul 09, 2014
infofirst: @Naijababe, Natrutalk, Seye n other oil traders n i set oyel pending buy at 102.42 cos i spot support at 102.30 n wats ur view. I dey feel like beginner again

got a short Ban, just release. Thk to d Mod

i gave up on d buying thin when i saw this FAT candle broken my eyeing support. that tells me d 104.10 too powerful to play against. next is 101.7x zone

Re: Forex Trading - Season 14 by Nobody: 7:35pm On Jul 09, 2014
Oyel do me strong tin sha but gold is playing out nicely

1 Like

Re: Forex Trading - Season 14 by Youngestlandlord: 8:04pm On Jul 09, 2014
The Daily Candle will decide the fate of GU, enough of the "AZONTO" dance
Re: Forex Trading - Season 14 by honeric01(m): 8:08pm On Jul 09, 2014
1333 still holding on gold...

if it doesn't break today, then we should be seeing 1290
Re: Forex Trading - Season 14 by sojmann(m): 8:08pm On Jul 09, 2014
Kirinwa: Sell GJ,GA at market price for 200 pips.

I don't know oh!
1-2-3 formation on the 5min chart @ 61.8 fib level in d direction of the impulsive wave

On the higher tf we have a bounce off 61.8fib @ a STRONG former resistance now turned support,bullish rejection candles + inside and outside bars

Re: Forex Trading - Season 14 by jpmorgan003: 9:32pm On Jul 09, 2014
sojmann:

I don't know oh!
1-2-3 formation on the 5min chart @ 61.8 fib level in d direction of the impulsive wave

On the higher tf we have a bounce off 61.8fib @ a STRONG former resistance now turned support,bullish rejection candles + inside and outside bars
.......and your point is...?
Re: Forex Trading - Season 14 by sojmann(m): 10:02pm On Jul 09, 2014
jpmorgan003:
.......and your point is...?

Technically,it's a buy,but the news @ 2:30am could mess thing up
Looking to bail out at break even because of the news
Better safe than sorry
Re: Forex Trading - Season 14 by Nobody: 10:11pm On Jul 09, 2014
gurus in da house why the low volumes? market IMO shd averagely move 3k pips a day at least! these snails movements is becoming unbearable. BTW gud to be back to this special family.
Re: Forex Trading - Season 14 by ayox2003: 10:48pm On Jul 09, 2014
Aggrippa: gurus in da house why the low volumes? market IMO shd averagely move 3k pips a day at least! these snails movements is becoming unbearable. BTW gud to be back to this special family.

The year has been dry.

The low volumes linger because the open interest (number of orders) is low. And open interest is a product of sentiment. While sentiment comes from news and data. No big news coming out, hence traders are holidaying the summer season. You know the market is numb when EURJPY/GBPJPY keeps snailing on a low-low. These pairs have a high volatility on a normal day.

Personally, I have been sitting on cash for 2 months or so. Can't see solid opportunities although I check the charts daily. Thought I was the only one until I read about a trader in BI who hasnt traded in the last 3 years.

I hope you get a little hint to you quest.


Frawzey

1 Like

Re: Forex Trading - Season 14 by Nobody: 11:11pm On Jul 09, 2014
Out of gold buy. 1333 remains a stumbling block
Re: Forex Trading - Season 14 by Hunkyimage(m): 12:25am On Jul 10, 2014
naijababe: Out of gold buy. 1333 remains a stumbling block

i don folo commot,e be lyk say dis gold wan wound me angry sad
Re: Forex Trading - Season 14 by willscolf: 12:48am On Jul 10, 2014
ayox2003:

The year has been dry.

The low volumes linger because the open interest (number of orders) is low. And open interest is a product of sentiment. While sentiment comes from news and data. No big news coming out, hence traders are holidaying the summer season. You know the market is numb when EURJPY/GBPJPY keeps snailing on a low-low. These pairs have a high volatility on a normal day.

Personally, I have been sitting on cash for 2 months or so. Can't see solid opportunities although I check the charts daily. Thought I was the only one until I read about a trader in BI who hasnt traded in the last 3 years.

I hope you get a little hint to you quest.


Frawzey
hmmmm, 3yrs witout trading,is he a century trader?.anyway i've sold EG at market price wit a 30pips sl,aiming 4 about 100pips contigent on wot d market does next
Re: Forex Trading - Season 14 by fxsly: 2:52am On Jul 10, 2014
naijababe: Out of gold buy. 1333 remains a stumbling block
u might wanna revisit the gold long exit
Re: Forex Trading - Season 14 by Nobody: 4:54am On Jul 10, 2014
ayox2003:

The year has been dry.

The low volumes linger because the open interest (number of orders) is low. And open interest is a product of sentiment. While sentiment comes from news and data. No big news coming out, hence traders are holidaying the summer season. You know the market is numb when EURJPY/GBPJPY keeps snailing on a low-low. These pairs have a high volatility on a normal day.

Personally, I have been sitting on cash for 2 months or so. Can't see solid opportunities although I check the charts daily. Thought I was the only one until I read about a trader in BI who hasnt traded in the last 3 years.

I hope you get a little hint to you quest.


Frawzey
million thanks for your candid explanation. now I get the gist and know the reason why. lolll at the trader holidaying the last 3 years
Re: Forex Trading - Season 14 by benpuzzy(m): 7:10am On Jul 10, 2014
Kirinwa: [b]Sell GJ,[/b]GA at market price for 200 pips.

GJ is ripe for this journey, good morning house

Re: Forex Trading - Season 14 by sojmann(m): 10:10am On Jul 10, 2014
Buy GJ nOW NOW
Re: Forex Trading - Season 14 by Birikiti: 10:15am On Jul 10, 2014
Gold finally rewarding my patience. #Surulere

1350 firmly in view!
Re: Forex Trading - Season 14 by Nobody: 10:18am On Jul 10, 2014
Birikiti: Gold finally rewarding my patience. #Surulere

1350 firmly in view!

sad sad sad sad Well done bro

1 Like

Re: Forex Trading - Season 14 by honeric01(m): 10:20am On Jul 10, 2014
Gold..Odaborrr
Re: Forex Trading - Season 14 by leopower(m): 10:21am On Jul 10, 2014
i think gold is finally ready to move it upward, 1384.00 is my next area of interest. lets go there. silver doing smiles here
Re: Forex Trading - Season 14 by rozayx5(m): 10:24am On Jul 10, 2014
while currencies sleep gold is busy vomiting pips

regret leaving my buy yesterday embarassed

gold digger 4 life,
Re: Forex Trading - Season 14 by willscolf: 10:46am On Jul 10, 2014
surveycash:

...Even @ $300/bag, you will get buyers for your rice. This is because we have different investment goals with different duration of maturation.
after buying @ $300 nd d price depreciates nko? Wil dey profit? No hard feeling shaa
Re: Forex Trading - Season 14 by willscolf: 10:47am On Jul 10, 2014
hmmmm,evry1 in dis place has turned gold digger.d ministry is really moving 2 d permanent site
Re: Forex Trading - Season 14 by adeyinkabasir(m): 11:29am On Jul 10, 2014
buying EN @ 1.5474 sl 1.5448 and Selling GU @ 1.7119 sl @ 1.7125
Re: Forex Trading - Season 14 by adeyinkabasir(m): 12:07pm On Jul 10, 2014
adeyinkabasir: buying EN @ 1.5474 sl 1.5448 and Selling GU @ 1.7119 sl @ 1.7125

chai dis EN no dey try at all oooo angry angry
Re: Forex Trading - Season 14 by benpuzzy(m): 12:09pm On Jul 10, 2014
benpuzzy:

GJ is ripe for this journey, good morning house

The Ministry is moving, 100pips locked on two different position...... "FX IS SWEET".
Re: Forex Trading - Season 14 by gnews: 12:15pm On Jul 10, 2014
Bought UJ at 101.350. what do u guys think?
Re: Forex Trading - Season 14 by gnews: 12:25pm On Jul 10, 2014
bought EJ at 137.833.
Re: Forex Trading - Season 14 by natruetalk: 12:46pm On Jul 10, 2014
natruetalk:

got a short Ban, just release. Thk to d Mod

i gave up on d buying thin when i saw this FAT candle broken my eyeing support. that tells me d 104.10 too powerful to play against. next is 101.7x zone


can oyel still do more 100pips down move from dis zone mini support too much on d way down 101.30 , 101.0x , 100.8x

anyway eyeing to buy with 100pips Sl from here for my daily chop chop

Re: Forex Trading - Season 14 by seyejohn94: 12:57pm On Jul 10, 2014
missed d oil short signal cos i lost my data....waz lucky to have joined d gold bulls... gold has a way of making people smile wiping all d losses at once...thank God for position sizing....
Re: Forex Trading - Season 14 by seyejohn94: 1:23pm On Jul 10, 2014
closed half of my gold position to cover for losses and pocket something....still bullished bias for d next several weeks....holding out till 138x for now but d main target is 18xx... synchronized signal on weekly and monthly chart.... the last time it happened hmmm....
letz see how it goes...

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