GBPJPY In the extremely unlikely event BOE cuts rate to 0.00%, Sell GBP immediately on a spike trade. (its risky but thats how we make and lose big money ) Because of the level of this surprise, there would be a strong trend change for GBP in the next few weeks, however If they decide to keep rates unchanged (like the last time), we could see some fundamental sentiment change and might start buying GBP for a definite period.

For those who think one only gets lucky making intelligent trading decisions based on economic indicators .. please ignore this tip
Most important follow the direction of the main trend

Seer247:
Good day great traders. Please any body with ideas on best way/method to withdraw from Neteller staying in Nigeria? Tnx.

Exchangers such as ecrestglobal and instantgold.ng are good to go

currentprice:


for GBP.JPY,,, 138.89 maintain stand to be good resistance levels so it time to SELL the pair

mpc/official rate to be announce today,,,,chart is at support levels ranging i would advice trader ON GBP.JPY SELL to recheck the chart. if you should SELL,,,, set sellstop below Tuesday low "thats where new seller likely to continues their selling"

as against my quoted post,,,, BUY GBP.JPY with stop some pips below Tuesdays low currentprice now 134.65

jorel1:
GBPJPY In the extremely unlikely event BOE cuts rate to 0.00%, Sell GBP immediately on a spike trade. (its risky but thats how we make and lose big money ) Because of the level of this surprise, there would be a strong trend change for GBP in the next few weeks, however If they decide to keep rates unchanged (like the last time), we could see some fundamental sentiment change and might start buying GBP for a definite period.

For those who think one only gets lucky making intelligent trading decisions based on economic indicators .. please ignore this tip
Most important follow the direction of the main trend

currentprice:


mpc/official rate to be announce today,,,,chart is at support levels ranging i would advice trader ON GBP.JPY SELL to recheck the chart. if you should SELL,,,, set sellstop below Tuesday low "thats where new seller likely to continues their selling"

as against my quoted post,,,, BUY GBP.JPY with stop some pips below Tuesdays low currentprice now 134.65

Abeg make una break the grammar down for we Otondo na

jorel1:
GBPJPY In the extremely unlikely event BOE cuts rate to 0.00%, Sell GBP immediately on a spike trade. (its risky but thats how we make and lose big money ) Because of the level of this surprise, there would be a strong trend change for GBP in the next few weeks, however If they decide to keep rates unchanged (like the last time), we could see some fundamental sentiment change and might start buying GBP for a definite period.

For those who think one only gets lucky making intelligent trading decisions based on economic indicators .. please ignore this tip
Most important follow the direction of the main trend

congrats to those who bought or those who want to reverse trend with $100 account

Demo

Loooool,,,,,, some trader would see it as competition ,,,,,am trade according to my chart. more so my post is clearly stated and still remain as it is.

at least before any jubilation trader should allow the current candle close by 1pm

Demo

@jorel1 and currentprice now I see what you meant

Welcome

BluePearls:
@jorel1 and currentprice now I see what you meant

Seer247:
Good day great traders. Please any body with ideas on best way/method to withdraw from Neteller staying in Nigeria? Tnx.

I need some, can we transact?

^^^

Anyone trade indicies here?

Pipsbasketing:
^^^

Bros why you dey laff na?

BluePearls:


Bros why you dey laff na?

u no see wetin u type ni

BluePearls:

I need some, can we transact?

adeyinkabasir:


u no see wetin u type ni

Anything wey you carry for mind na you sabi...wetin I know be sey I wan buy wetin hin wan sell

Pipsbasketing:
^^^

please I will like to see screen shut of your pipsbasketing after interest rate cut

BluePearls:
@jorel1 and currentprice now I see what you meant

Hope this is a demo account"

Pls do anyone here do deposit through neteller into their trading account? If yes pls what best way to withdraw from neteller.

EmmanuelD1st:
Hope this is a demo account"

Thank God it's a demo, whoever hit that pair on SELL will be smiling now. Still dropping.

BluePearls:


Thank God it's a demo, whoever hit that pair on SELL will be smiling now. Still dropping.

yep i sold it
it was awesome
i forgot to make the announcement about the rate cut here earlier.
Tomorrow is another big day watch out!
esp the USD pairs.

Seer247:
Pls do anyone here do deposit through neteller into their trading account? If yes pls what best way to withdraw from neteller.

Bro I want to buy some of your Neteller. Besides, someone suggested a broker you could sell to

Seer247:
Pls do anyone here do deposit through neteller into their trading account? If yes pls what best way to withdraw from neteller.

BluePearls:

Bro I want to buy some of your Neteller. Besides, someone suggested a broker you could sell to

brother,,,,if both handle is from the same person for market purpose, am very sure no member can fall maga ,,,,,,if not,,,be very careful of who you deal with (KYC) ,,,,this thread is "FOREX TRADE ALERT"

You cant even caution him that this method might be unique to you alone and will likely not/never work for him (knowing fully well there are other things you do behind the scene which you dont share ).. you are only satisfied that he is following your method ,thats all...
Trading styles are a unique signature to everyone.

Pipsbasketing:
@Lawson007
You may be criticised on your basket, but be strong.

Selah

currentprice:

mpc/official rate to be announce today,,,,chart is at support levels ranging i would advice trader ON GBP.JPY SELL to recheck the chart. if you should SELL,,,, set sellstop below Tuesday low "thats where new seller likely to continues their selling"

GBP.JPY Tuesday low taken out with the bank rate cut ,,,,next price candle following after the announcement was not good as confirmation for more seller to come in,,,,might be very difficult to dig-down next support at 132.20

waiting on the side-line for close of market today for my buy/sell decision on the pair

currentprice:




brother,,,,if both handle is from the same person for market purpose, am very sure no member can fall maga ,,,,,,if not,,,be very careful of who you deal with (KYC) ,,,,this thread is "FOREX TRADE ALERT"

^{you can ask Manutd1 & co for more experience}

Thanks for that... In fact I'm so cautious these days that I won't deal except it's face to face, or you're verified dealer on NL. There's no way I would have done deal with if it wasn't in person

BluePearls:
or you're verified dealer on NL.

Pipsbasketing:

somtimes when you talk with your mouth closed or with sign languages, its difficult to understand you

jorel1:
GBPJPY In the extremely unlikely event BOE cuts rate to 0.00%, Sell GBP immediately on a spike trade. (its risky but thats how we make and lose big money ) Because of the level of this surprise, there would be a strong trend change for GBP in the next few weeks, however If they decide to keep rates unchanged (like the last time), we could see some fundamental sentiment change and might start buying GBP for a definite period.

For those who think one only gets lucky making intelligent trading decisions based on economic indicators .. please ignore this tip
Most important follow the direction of the main trend

Bo$$ .... Respect Respect!

Pipsbasketing:
If you really want to be effective at applying excellent Risk/Money Management.....Think about this

2014, I had the urge to do a fixed deposit of about 1.5M with one of our Nigerian banks, thus curious about what the interest on the fixed deposit would be. I did the survey on about 5 top banks and the maximum interest rate I could get was about 5-6% per annum. I started with FirstBank on monthly rollover based. Surprisingly, the 5-6% was again manipulated to suit the monthly based plan, like it was again divided by 12. I got almost nothing and had to quit after 2months of dissatisfaction.

Some months after, I went into some banks in England to do fixed deposit with them hoping to earn my interest in pounds. In fact, the most shocking, the bank managers told me point blank that there is almost zero interest in fixing money with them. I did not think it twice, I knew fixing money in banks may not yield a feasible interest.

Fast forward early this year, I contacted the banks again, particularly GTB. The agent mentioned about 5% per annum. I told her to not let us discuss % but the value. I asked her to help tell me the interest value per annum on 500k fixed deposit, she did it and gave me an answer of about 11k interest per annum. I got totally discouraged about fixing money.

That has helped me to think if I can trade FX with a confirmed assurance of constant minimum monthly inflow of 20% (no greed here), it might sometimes be more and that is why I leave trade to trend to exhaustion on the daily TF, that will do. With the assurance, one can live on FX with good capital.

Lesson
-When you fund your FX live account, think about it in a form of fixed deposit. your assured 20% constant monthly profit is far better than the annual interest you would have got if fixed in the bank
-Why the greed?
-Learn to ride slowly and steadily: I have abandoned the FX market many times, many years. This is 2016, the market still exists.
-Use comfortable lot size that will put your mind at rest.
-What many people neglect is testing also their risk/money management skills on demo, they only focus on testing strategies: Excellent strategy, poor Risk/Money management is failure

Selah

2 likes.. (one was me)