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Forex Trading - Season 15 - Business (47) - Nairaland

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Re: Forex Trading - Season 15 by fxbomovi: 4:04pm On Feb 12, 2015
bought ej 135.60, trade will b closed 7pm today.
Re: Forex Trading - Season 15 by Sircj(m): 4:07pm On Feb 12, 2015
endfx1:
Was as if the market was just waiting for me to trigger....lolz

Stop loss hit


lol
i join you but wetake heart we lose some and will win some

1 Like

Re: Forex Trading - Season 15 by willscolf: 4:26pm On Feb 12, 2015
endfx1:
Was as if the market was just waiting for me to trigger....lolz

Stop loss hit
hahahaha,it happens 2 us all bro,d nxt cud b a winner
Re: Forex Trading - Season 15 by willscolf: 6:23pm On Feb 12, 2015
ucad didnt fly,sl hit,as 4 GA hmmmm,our case na 4 heaven,closed me out @+20pips after making +192pips aaaah?.bought ucad again @ 1.2466,sl=60pips,tp=150pips ....lets kick it out of d nest nd c if it flies
Re: Forex Trading - Season 15 by fxbomovi: 7:05pm On Feb 12, 2015
fxbomovi:
bought ej 135.60, trade will b closed 7pm today.
25pip loss
Re: Forex Trading - Season 15 by Nobody: 8:28pm On Feb 12, 2015
buy gu now at 1.5399. take 50pips
Re: Forex Trading - Season 15 by frenchman2: 8:46pm On Feb 12, 2015
frenchman2:
nzdusd trade.
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.
nzdusd trade sl hit
audusd closed manually in loss
eurnzd and eurcad trades closed at BE
licking my wound
Re: Forex Trading - Season 15 by omotsonfx: 9:02pm On Feb 12, 2015
pls boss!...does mt4 platform open very well on ipad?...i.e can i use it to trade?
Re: Forex Trading - Season 15 by Nobody: 10:46pm On Feb 12, 2015
yes
omotsonfx:
pls boss!...does mt4 platform open very well on ipad?...i.e can i use it to trade?
Re: Forex Trading - Season 15 by Nobody: 10:51pm On Feb 12, 2015
omotsonfx:
pls boss!...does mt4 platform open very well on ipad?...i.e can i use it to trade?

I heard it's more functional than the android version
Re: Forex Trading - Season 15 by jamace(m): 12:23am On Feb 13, 2015
GBP/JPY
SELL @ 183.200
TP @ 182.200
SL @184.200

Good Luck

2 Likes

Re: Forex Trading - Season 15 by frenchman2: 3:36am On Feb 13, 2015
hi folks,
just bought gold at 1225.21
sold eurjpy 135.59
will post chart later to show my reason for the trade

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

2 Likes

Re: Forex Trading - Season 15 by elyte(m): 5:40am On Feb 13, 2015
If there is a market that is affected by the international oil price , it is the usdcad. The current fall in oil price propelled Usdcad to a very high level, one that many people might not have seen.
From the economic point of view, united stated as the largest oil consumer in the world could afford to buy more than triple of oil with the same price. This has helped saved so much money and USD (United State dollar) has gained very significantly. Little wonder it strengthened over almost all major currencies.
Also, the greatest strength of the USD was clearly seen against the CAD (Canadian dollar) as the later weakened even on its own.
Canada are not only US’s closest neighbor, but the largest supplier of oil to the US economy and this business relationship is fostered greatly by the price of oil.
When Oil rises in value, Canada laughs while the US frowns .When it dips in value, the reverse is the case.
This singular act has brought about a negative correlation model between the Oil market and the UsdCad market and that’s why in the last 6-7 months while Oil price dipped, the Usdcad was soaring and breaking more resistive levels.
At the beginning of this year, I posted an article on my blog about my view on the movement of Usdcad from the technical point of view. You can read here http://forexsnipper..com/2015/01/usdcad-analysis-for-2015.html
I forecast a probable reversal at 1.1890-1.1920 but the strength of the Usdcad was so powerful that this important resistive region was broken with ease and price now sits comfortably above 1.2500.
I will continue from that analysis
On the weekly chart, what we are currently having is a flat corrective pattern which is completing at a strong resistance. The 5th wave of the C leg ( an impulsive 5-wave move) is formed at 1.618 projection of the 1st wave from the 4th wave. The flat pattern is also resting at a 50% retracement of the super wave {1}. If this analysis holds, we should expect a big dip in the price of Usdcad from wave {2}and probably Oil price will rise in the first half of this year.
A bearish candles formation and momentum divergence at a strong resistance on the weekly chart are early signs of bullish weakness
From the intraday point of view, price has started showing some bearish commitment, in a correcting channel after forming an impulsive 1st wave. If the channel is broken downward, we should expect price at 1.1500 and below. If the channel is broken upside and price eventually breaks 1.2800, we could see more bullish move. The intraday channel thereby becomes the action zone.
Market geometry involves contraction and extension, we expect one after the other.
Patience is needed as we decipher what could be the next big move!….Don’t miss it.

Get the full anaytical charts of this analysis at www.forexsnipper..com

Re: Forex Trading - Season 15 by fxstory(m): 6:32am On Feb 13, 2015
exellent91:
I want to start with demo account
get a pc
Re: Forex Trading - Season 15 by frenchman2: 6:54am On Feb 13, 2015
frenchman2:
hi folks,
just bought gold at 1225.21
sold eurjpy 135.59
will post chart later to show my reason for the trade

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

see charts below for my reason for these trades.
gold exit is 1250

Re: Forex Trading - Season 15 by frenchman2: 7:12am On Feb 13, 2015
sold nzdusd yesterday and had my sl hit
just went long on this pair at .7453
tp is .7519 and i want to be going short at that level because of the strong resistance line there
from chart below, you can see how price has reversed on three different occasions the moment it hit that line.
NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

Re: Forex Trading - Season 15 by Nobody: 9:30am On Feb 13, 2015
House please sell EURGBP at 0.7444. take 50pips
Re: Forex Trading - Season 15 by willscolf: 12:40pm On Feb 13, 2015
willscolf:
ucad didnt fly,sl hit,as 4 GA hmmmm,our case na 4 heaven,closed me out @+20pips after making +192pips aaaah?.bought ucad again @ 1.2466,sl=60pips,tp=150pips ....lets kick it out of d nest nd c if it flies
closed ucad wit +52pips

2 Likes

Re: Forex Trading - Season 15 by LaconicINC: 2:26pm On Feb 13, 2015
frenchman2:


see charts below for my reason for these trades.
gold exit is 1250
GOLD is just retracing,sell is strong on the weekly
Re: Forex Trading - Season 15 by Capitals: 2:34pm On Feb 13, 2015
Capitals:


this would be my first trade eur buy, lot size 0.02. Entry 1.1315, SL 1.1168, Tp 1.1611
eur buy doing good so far, bringing it to break even, and taking a sell on brent crude, lot 0.02, sl 63.78 tp 54.98

Re: Forex Trading - Season 15 by Kashif(m): 2:46pm On Feb 13, 2015
GA pip value now is unattractive....targeting a swoop sell.....
Re: Forex Trading - Season 15 by Capitals: 2:48pm On Feb 13, 2015
Capitals:

eur buy doing good so far, bringing it to break even, and taking a sell on brent crude, lot 0.02, sl 63.78 tp 54.98

Adjusted sl to 63.15, lets see how it goes
Re: Forex Trading - Season 15 by Nobody: 4:45pm On Feb 13, 2015
Buy USDCAD now at 1.2421 for a 35pips take profit. RRR=1;1
Re: Forex Trading - Season 15 by Nobody: 6:21pm On Feb 13, 2015
Done with ALACRITY.
iheanyiebeneze:
Buy USDCAD now at 1.2421 for a 35pips take profit. RRR=1;1
Re: Forex Trading - Season 15 by jamace(m): 9:53pm On Feb 13, 2015
jamace:
GBP/JPY
SELL @ 183.200
TP @ 182.200
SL @184.200

Good Luck
Trade in profit but set target not reached. Therefore, I'm holding trade over the weekend.

Have a wonderful weekend.

PS: Please, Naijababe has been missing in action this week. Hope all is well?

1 Like

Re: Forex Trading - Season 15 by dukum: 10:19am On Feb 14, 2015
jamace:
Trade in profit but set target not reached. Therefore, I'm holding trade over the weekend.

Have a wonderful weekend.

PS: Please, Naijababe has been missing in action this week. Hope all is well?

The house became rowdy and seemed to loose focus like it used to have, they are a number of people missing in action not just her.maybe when all d adverts and i made 1000pips stops they would return....i could be wrong though
Re: Forex Trading - Season 15 by Nobody: 10:41pm On Feb 14, 2015
I discovered that many people trade with Smartphones and will prefer alert on phones than forum. Hence am giving Free Forex Trading ALERT for one week and 50pips per day. send your number and name to 08039469395
You know i don't make noise and i have plenty evidence here based on my experience and knowledge.
People here can even testify.



WEEKLY analysis in progress...
Re: Forex Trading - Season 15 by Nobody: 10:46pm On Feb 14, 2015
sorry my brother, some days are like that.
frenchman2:

nzdusd trade sl hit
audusd closed manually in loss
eurnzd and eurcad trades closed at BE
licking my wound
Re: Forex Trading - Season 15 by Kirinwa: 9:38am On Feb 15, 2015
It was a great and spectacular week. Banked 200pips last week.

Currently in 3 profitable trades which was left running.

GN: 2.0700
GA: 1.9850
GJ: 183.00

All of them are sell positions.
Over 200 pips in them and counting.
Happy weekend. cheesy

Join us today. I have an alert I will release on Monday which will yield 500 pips before this week ends.

Send number to forexdollars@hotmail.com to join whatsapp group.

FX IS SWEET.

Guess those who request for trial won't see this post.

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