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Re: Forex Trading Alerts - Season 16 by Profitsgalore: 2:10pm On Aug 15, 2016 |
Pipsbasketing: I think you misunderstand me. This account is for short term trades which are very aggressive. My money management is controlled by my broker leverage rules. I have other accounts which i trade long term. I only opened this account because some traders here pissed me off. Believe it or not, i have been in this business for 20 years and a member of this thread since season1, and only wanted to share my experiences and got clowned for it. |
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:13pm On Aug 15, 2016 |
its a 80pips stop and a 250pips tp trade and its gbpnzd...its a buy and i am in. SHALOM
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Re: Forex Trading Alerts - Season 16 by Nobody: 2:14pm On Aug 15, 2016 |
You got me laughing hard So sorry about that bro, it happens in all threads. One Love Profitsgalore: 2 Likes |
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:19pm On Aug 15, 2016 |
gbpusd has a .2794/.2662 move to do then maybe after that i could vouch for a buy then. |
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:24pm On Aug 15, 2016 |
kinda of enjoying oil ride right now though...a possible retrace at 45.49/.62 i need the retrace for initiation of a second position.
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Re: Forex Trading Alerts - Season 16 by currentprice: 2:30pm On Aug 15, 2016 |
Edd1e: so true my brother ,,,,,,trader still need to keep eyes on those levels strong one scalper can risk 20/30pips trade at the levels. if you are not a scalper take only note of the levels,,,do nothing on the day it touches/bounce off the levels..... wait for the day that the levels with be broken with full speed then throw your weight lots towards the prison break and SL just below the levels. it is 80% big win most of the time 1 Like |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 2:33pm On Aug 15, 2016 |
Profitsgalore: I really do apologise on behalf of such member. I was nice of you to share your experience and still wonderful that you are still doing that. You input is highly appreciated. After you commented, I remembered you and you have been around the block a long time. It would be wonderful to have you here back fully. Don't worry, no one can clown you or your good work. In the end, the joke would be on the member. I did see the reason you are still shorting EJ, on the D1 TF, the bulls got nothing on the beers yet. My believe is the bulls might be short lived. BTW I already made my 20 pips out of buying EJ, I leave the rest in your care. Cheers Mate!! Happy Pip Season. @jline good to have you back too. 1 Like |
Re: Forex Trading Alerts - Season 16 by currentprice: 2:36pm On Aug 15, 2016 |
some time when it touches the levels and turn to your direction for like some pips as you said and keep on small ranging. check your trading calendar the speed to break the levels is waiting for the news to be announce soon. the news may be next day or anytime soon indirectly trading toward the trend still a win win situation |
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:42pm On Aug 15, 2016 |
Feshizzy:respect brother,one love. 1 Like |
Re: Forex Trading Alerts - Season 16 by Nobody: 2:44pm On Aug 15, 2016 |
[size=13pt]But sometimes, that spirit to locate all brokers that have taken from me jumps in me, those I have lost in trading with: I feel they have cheated me in the past and take back from them in folds one after the other. But anyways, I will move on.......The current brokers will suffer it big time Freedom of thoughts though |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 2:47pm On Aug 15, 2016 |
I tell you bro, news maybe bitchy* and at times, it's a blessing. As much as I hate watching the news calender, I still can't help checking for some news at early times if my entry. I respect Day traders and scalpers in that aspect, I've not being really able to get around scalping and I don' t want to anyway. currentprice: 1 Like |
Re: Forex Trading Alerts - Season 16 by mrikay: 2:48pm On Aug 15, 2016 |
Edd1e: Much Gratitude sire. |
Re: Forex Trading Alerts - Season 16 by mrikay: 2:50pm On Aug 15, 2016 |
currentprice: Oga CurrentPrice, Eyes on EurNzd for potential buy? |
Re: Forex Trading Alerts - Season 16 by fxbomovi: 2:53pm On Aug 15, 2016 |
Feshizzy:bro, u are the one he's trying to prove a point too. Isnt it pippimp. But theres realy no need for that. |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 2:54pm On Aug 15, 2016 |
mrikay:Thanks Boss. Happy pipping |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 2:56pm On Aug 15, 2016 |
I might post some charts on how I trade "support and resisistance" or how I pick "tops and bottoms". (My own Method) Stay Tuned |
Re: Forex Trading Alerts - Season 16 by currentprice: 3:00pm On Aug 15, 2016 |
^^^ space number 1 at the front fully booked |
Re: Forex Trading Alerts - Season 16 by pippimp(m): 3:07pm On Aug 15, 2016 |
fxbomovi: I didn't even look at the moniker. Sometimes this thread can be exasperating. |
Re: Forex Trading Alerts - Season 16 by Nobody: 3:10pm On Aug 15, 2016 |
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Re: Forex Trading Alerts - Season 16 by fxbomovi: 3:16pm On Aug 15, 2016 |
pippimp:love your maturity, lets all move on @fehizzy pls no offence meant |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 3:17pm On Aug 15, 2016 |
fxbomovi: pippimp: To be honest, It was never my intention, I am truly sorry that my comments has brought about such reaction. Please accept my apologies. Regards, EF 1 Like |
Re: Forex Trading Alerts - Season 16 by fxbomovi: 3:25pm On Aug 15, 2016 |
Feshizzy:respecu bro 1 Like |
Re: Forex Trading Alerts - Season 16 by Nobody: 3:28pm On Aug 15, 2016 |
Kudos bro Feshizzy: 1 Like |
Re: Forex Trading Alerts - Season 16 by pippimp(m): 3:36pm On Aug 15, 2016 |
Feshizzy: We are good. 1 Like |
Re: Forex Trading Alerts - Season 16 by currentprice: 3:37pm On Aug 15, 2016 |
mrikay: brother am not gonna buy the pair for now prefer to SELL |
Re: Forex Trading Alerts - Season 16 by mrikay: 3:54pm On Aug 15, 2016 |
Edd1e: Oya!!!! Lets go there!! |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 4:28pm On Aug 15, 2016 |
How I Trade Support and Resistance. N.B: This is for swing, Trend and Day Traders. No scalping The first chart is the daily chart "Recent EURUSD Chart", as u can see, price is retesting resistance and I'm looking to sell, what I don't know is if it is going to hold or break. Daily chart traders would have taken the trade based on the indecision candle with stop loss of 100 pips or there about 1 Like
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Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 4:41pm On Aug 15, 2016 |
@Edd1e Nice One Mate, I really admire you chart, very clean and simple. It's always good to learn something new, thanks for sharing those fake out could really be annoying most times, I believe of which are driven by news event. Here is my trade for today, Had a rather busy day, so I took only this trade EURJPY +34 pips i couldn't lock it @35 anymore squeezing the last one pips can really be a pain sometimes, Reason for my entry: 1. Price made a triple bottom 2. I saw what happened on the second bottom, price starting rising up after the close of the blue candle, Do have a Blessed Day, Exit: 1. price reached the resistance area Regards |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 4:46pm On Aug 15, 2016 |
Now price decided to fall and give a 1:1 RR before shutting up to break the resistance taking out stop losses. It might look like a good trade giving 1:1 RR on daily chart but it's actually bad on daily chart and sometimes. It doesn't even give the 1:1 RR before breaking a resistance and creating a fake break out or trend continuation. How I enter same trade on H4. Now, to enter the trade when price is testing the resistance area on daily chart, i usually switch to the next lower time frame ( which is H4 in this case), I'll wait for price to break the previous lows and form "higher high/ higher low" which is the "Confirmation" that the resistance area is going to hold and then pull the trigger On the H4 chart below, price creates hh hl and I enterd d trade at the break of that aqua colored TL, Price gives a 1:1 RR which is no better but less risky than the daily chart Taking the second trade: Here, Daily chart s/r trader would av been burnt on the fake break out but "Waiting for confirmation of the trade by switching to the next lower tf" on H4 Chart, the fake break out would av bn avoided. There is a later better entry with nice RR of just 55 pips where the Daily Support and Resistance Trader would be licking their wounds on the fake break out now .. From chart below, the first chart is the H4 chart with the first entry b4 the fake out and second entry after the vertical red line 2nd Chart is the Daily chart 1 Like
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Re: Forex Trading Alerts - Season 16 by Edd1e(m): 5:23pm On Aug 15, 2016 |
N.B the above is just for information purposes only and an excerpt of what I consider to enter my trades. I use other tools like EMA, Heiken Ashi candles and Trendline. Now for those itching to buy GBPJPY, With my analysis I will only buy if price does some thing like the chart below using the previous support and resistance trading method. From Daily chart, Price is approaching a support area, To buy this pair and for confirmation of the support holding or not. I will switch to the next lower tf and look for change of trend formation, price forming HH and HL on H4 1 Like
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Re: Forex Trading Alerts - Season 16 by Edd1e(m): 5:35pm On Aug 15, 2016 |
@Feshizzy, i sight u bro. keeping raking the pips with that TDI 1 Like |
Re: Forex Trading Alerts - Season 16 by Nobody: 6:23pm On Aug 15, 2016 |
Pipsbasketing: jorel1: Edd1e:
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