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Forex Trade Alerts: Season 19 - Business (13) - Nairaland

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Re: Forex Trade Alerts: Season 19 by Wizdeen(m): 10:06pm On Jan 10
Market is getting too erratic at the moment, i do rather join the sideline as i cant afford to be losing my small account. embarassed lipsrsealed

3 Likes

Re: Forex Trade Alerts: Season 19 by Fxwarrior: 1:27am On Jan 11
Fxwarrior:


Well. No risk, no reward.

Gold buystop @ 1290
Stop loss @ 1287

Target 1305.

$30 risk $150 reward with 0.1 lotsize.


Executed.

1 Like

Re: Forex Trade Alerts: Season 19 by Fxwarrior: 6:09am On Jan 11
Sell GJ.
Re: Forex Trade Alerts: Season 19 by Fxwarrior: 7:20am On Jan 11
Fxwarrior:


Well. No risk, no reward.

Gold buystop @ 1290
Stop loss @ 1287

Target 1305.

$30 risk $150 reward with 0.1 lotsize.

Stop loss adjusted to 1291($10 profit guaranteed)

Target adjusted to 1315 ($250)

If 1298 resistance is breached, next weekly resistance is at 1319.

Let's see how it goes.

1 Like

Re: Forex Trade Alerts: Season 19 by teemy(m): 8:00am On Jan 11
Tunderr:
Building another account, new account.
Account is 5 days old, started trading this week. Target is 25-30% / Month.


Ps: Set a realistic goal and give it your best shot.

PPs: Need to learn how to set up TRADE COPY , I want others (only friends) to copy my trades, I don't know how to go about it. I'll appreciate any help.
Myfxbook.com and mql4.com signals provider

2 Likes

Re: Forex Trade Alerts: Season 19 by Edd1e(m): 9:13am On Jan 11
Edd1e:
Market really slow.
Expecting more downside on GBPNZD
Happy pipping..



GBPNZD TRADE UPDATE
====================

Happy pipping..

1 Like

Re: Forex Trade Alerts: Season 19 by Akin3891: 10:23am On Jan 11
athaliya:
life of a scalper is hard, make one bad trade and spend the rest of the day trying to cover up, anyone in the same shoes with me?

Scalper life is harder than u can imagine, and also can lead to high BP n quick loss of capitals. Was a harden scalper When i used to trade forex, my returns most days is within 250k and 550k,and my loss a day can be up to 1m. I watched market movement like an eagle that want to pick up her target, it pays most times and get burnt sometimes, because i make much profit daily , i have enough funds to replace lost funds when table turned. I stop trading because of my health, happiness today sadness tomorrow is not my style of living anymore, now all monies sit in TB while i watch returns flows. I will advice u to stop scalping and try to make forex a business by tradding with strategies, don't set profit target for ur self , just make the money bit by bit as the opportunities present it self, at the end your yearly profits determined if u r a looser or a winner . Also remember, every traders.. (No matter how good u r) will get burnt one day, so my advice to traders is not to trade forex, but trade with 100% discipline n always diversify ur investments, I've seen $300k best investor of 5yrs of good trades SINK entirely withing a week, my write up is not to scare anyone but make sure u have Plan B, C, D ,E, afterall life without a risk is mere existence. I stop trading since 3 yrs ago, left with high BP but plenty money that if i don't work for the rest of life with my 4 kids, i won't suffer again God willing. Good luck

14 Likes

Re: Forex Trade Alerts: Season 19 by harizonal123(m): 12:33pm On Jan 11
“Good trading is not about being right, it is about trading right. If you want to be successful, you need to think of the long run and ignore the outcomes of individual trades.”
– Curtis Faith

2 Likes

Re: Forex Trade Alerts: Season 19 by GladmanGoddey: 12:37pm On Jan 11
I need a little help,, embarassed embarassed how can I get pivot on my mt4 or mt5 mobile?? My laptop has finally crashed cry
Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 2:15pm On Jan 11
GladmanGoddey:
I need a little help,, embarassed embarassed how can I get pivot on my mt4 or mt5 mobile?? My laptop has finally crashed cry
You can't. Custom indicators can only be installed on your computer platforms

1 Like

Re: Forex Trade Alerts: Season 19 by Nobody: 2:28pm On Jan 11
GladmanGoddey:
I need a little help,, embarassed embarassed how can I get pivot on my mt4 or mt5 mobile?? My laptop has finally crashed cry

You can manually calculate your pivot lines and draw them with horizontal lines. This would have to be done every week or month or all pairs you're trading until you get a new laptop.

Another way is to get the pivots already posted on websites like tradingview dot com. Their figures could vary slightly from your broker's quote so this is less accurate.

1 Like

Re: Forex Trade Alerts: Season 19 by Hopium: 3:07pm On Jan 11
Edd1e:




GBPNZD TRADE UPDATE
====================

Happy pipping..

Did you manually put the pip numbers and values on the chart?
Re: Forex Trade Alerts: Season 19 by Edd1e(m): 4:03pm On Jan 11
Hopium:


Did you manually put the pip numbers and values on the chart?
It's an indicator
Re: Forex Trade Alerts: Season 19 by Hopium: 4:07pm On Jan 11
Edd1e:

It's an indicator

ok. Can you tell me the name please? Or better yet send me the download link or indicator file?

Thanks
Re: Forex Trade Alerts: Season 19 by Edd1e(m): 4:08pm On Jan 11
Hopium:


ok. Can you tell me the name please? Or better yet send me the download link or indicator file?

Thanks

I'll drop it here as soon as I am on pc.
Re: Forex Trade Alerts: Season 19 by Hopium: 4:11pm On Jan 11
Hopium:


EU is pretty bullish but it's due for a correction. I took a sell at the top @ 1.15568. I bought usdchf @ 0.97301.

Trades closed.

That recent volatility pushed the trades to the finish line much quicker that I expected.

Have a nice weekend, fellas.

1 Like

Re: Forex Trade Alerts: Season 19 by Hopium: 4:11pm On Jan 11
Edd1e:


I'll drop it here as soon as I am on pc.

Ok. Thanks
Re: Forex Trade Alerts: Season 19 by Hardvance(m): 8:17pm On Jan 11
Bosses, please an account of 50-100 dollars, what lot size would be great to start with?
Re: Forex Trade Alerts: Season 19 by Edd1e(m): 8:20pm On Jan 11
Hopium:


Ok. Thanks

here

2 Likes

Re: Forex Trade Alerts: Season 19 by Hopium: 9:05pm On Jan 11
Edd1e:


here

Thanks

1 Like

Re: Forex Trade Alerts: Season 19 by Tunderr(f): 9:32pm On Jan 11
This week has been abysmal. Mental stress, Fatigue, Sleep disorder (-+6hours), My attention span is terrible.

My trade management is absolutely rubbish, and I’m not proud of myself at all.

Need to reset my sleep and wake up time, I could really use running, but it’s winter and snow everywhere.

I hope I do better next week. I can’t afford such poor trading.

Trading week result below.

4 Likes

Re: Forex Trade Alerts: Season 19 by GladmanGoddey: 11:08pm On Jan 11
AwesomeDuru:
You can't. Custom indicators can only be installed on your computer platforms
Oh OK but in the Gorilla thread on FF I saw someone using pivot on his mobile phone. Am wondering how he did it then. Anyway Thanks
Re: Forex Trade Alerts: Season 19 by GladmanGoddey: 11:09pm On Jan 11
greyham:


You can manually calculate your pivot lines and draw them with horizontal lines. This would have to be done every week or month or all pairs you're trading until you get a new laptop.

Another way is to get the pivots already posted on websites like tradingview dot com. Their figures could vary slightly from your broker's quote so this is less accurate.
Pls how do I calculate it??
Re: Forex Trade Alerts: Season 19 by Nobody: 12:19am On Jan 12
GladmanGoddey:

Pls how do I calculate it??

The formula used in the calculation of Classic Pivot Points are:

R4 = R3 + RANGE (same as: PP + RANGE * 3)
R3 = R2 + RANGE (same as: PP + RANGE * 2)
R2 = PP + RANGE
R1 = (2 * PP) - LOW
PP = (HIGH + LOW + CLOSE) / 3
S1 = (2 * PP) - HIGH
S2 = PP - RANGE
S3 = S2 - RANGE (same as: PP - RANGE * 2)
S4 = S3 - RANGE (same as: PP - RANGE * 3)

Where R1 through R4 are Resistance levels 1 to 4, PP is the Pivot Point, S1 through S4 are support levels 1 to 4, RANGE is the High minus the Low for the given time frame (usually daily).

Source https://www.mypivots.com/dictionary/definition/46/classic-pivot-points


Alternatively you can download Trade Inceptor. It has a built in Pivot tool but it is not MT4

1 Like

Re: Forex Trade Alerts: Season 19 by Tunderr(f): 12:32am On Jan 12
GladmanGoddey:

Oh OK but in the Gorilla thread on FF I saw someone using pivot on his mobile phone. Am wondering how he did it then. Anyway Thanks
Why not ask the user directly how to do it instead?
Re: Forex Trade Alerts: Season 19 by Tunderr(f): 12:33am On Jan 12
Fxwarrior:


Stop loss adjusted to 1291($10 profit guaranteed)

Target adjusted to 1315 ($250)

If 1298 resistance is breached, next weekly resistance is at 1319.

Let's see how it goes.

Great call Fxwarrior.

1 Like

Re: Forex Trade Alerts: Season 19 by Toks2008(m): 2:37am On Jan 12
Hardvance:
Bosses, please an account of 50-100 dollars, what lot size would be great to start with?

The ideal lot will be difficult for you to adhere to as a result of greed.

So before I help you calculate your lot size I would love to ask you and I need honest answer.

How much do you wish to make on a daily basis with 100usd capital?
Re: Forex Trade Alerts: Season 19 by Tunderr(f): 7:18am On Jan 12
It apparent that there are many, many people telling you "THE" way to trade forex, with the vast majority only regurgitating what they've heard, with all the key words and tricky phrases, and in reality no more successful than a rookie trader. They weren't necessarily successful, they just wanted to appear to be knowledgeable and wise and all knowing; that they held the key to successful trading.

You want to learn from someone that is already successful, not trying to become successful like you are doing.

Take recommendations as just that. If you don't feel comfortable doing it, don't do it. What works for some may not work for others: some use indicators, some don't....there is no "right" or "wrong" way to trade if it works for you.

There are numerous ways to trade successfully, so don't listen to those that tell you otherwise. Find something you have confidence in and don't let others sway your opinion with a chart or something.

Many non-successful traders feels if they can't do it, it can't be done. That's not just forex, ego is alive and well in all traders.


$2k to $200,000 in 6 months. Just 22 Year old.
With right/ good trading plan, anything is possible, don't limit yourself.

7 Likes

Re: Forex Trade Alerts: Season 19 by Hopium: 9:24am On Jan 12
Tunderr:
This week has been abysmal. Mental stress, Fatigue, Sleep disorder (-+6hours), My attention span is terrible.

My trade management is absolutely rubbish, and I’m not proud of myself at all.

Need to reset my sleep and wake up time, I could really use running, but it’s winter and snow everywhere.

I hope I do better next week. I can’t afford such poor trading.

Trading week result below.

Don't let your emotions get a hold of you. You didn't do bad going by the result I'm seeing. You only had a bad day, that's all. If it's about bad trade Management, simply go over the trade and see where you fumbled. From your narratives, it seems you had too much expectation for that new account of yours.
Re: Forex Trade Alerts: Season 19 by Fxwarrior: 10:44am On Jan 12
Happy weekend guys. Something similar to the brexit has happened before and I was a witness.

I will share how to grab 500 pips safely from it.

Keep a date with me by 12 noon today.
Re: Forex Trade Alerts: Season 19 by teemy(m): 12:15pm On Jan 12
Tunderr:
This week has been abysmal. Mental stress, Fatigue, Sleep disorder (-+6hours), My attention span is terrible.

My trade management is absolutely rubbish, and I’m not proud of myself at all.

Need to reset my sleep and wake up time, I could really use running, but it’s winter and snow everywhere.

I hope I do better next week. I can’t afford such poor trading.

Trading week result below.

That's what weekends are for.

Had a poor start this week myself (silly mistakes if you actually could believe it) but ended up doing well at the end. Rather than go yaay, I would use today and tomorrow to see how I can prevent such from repeating itself and thus remove losable trades from the mix.

All good. Cheers

1 Like

Re: Forex Trade Alerts: Season 19 by Hopium: 1:08pm On Jan 12
Fxwarrior:
Happy weekend guys. Something similar to the brexit has happened before and I was a witness.

I will share how to grab 500 pips safely from it.

Keep a date with me by 12 noon today.

Chief, we are waiting... cheesy

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