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Forex Trade Alerts: Season 19 - Business (155) - Nairaland

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Daily Forex Trade Journal 2020. / Forex Trade Alerts: Season 20 / Forex Trade Alerts: Season 18 (2) (3) (4)

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Re: Forex Trade Alerts: Season 19 by alphaNomega: 8:49pm On Aug 07, 2019
Lost 65 pips on GBPUSD long. Serious consolidatoon at the moment, I'm waiting for the next train to move.

Trade better than me.
Re: Forex Trade Alerts: Season 19 by Nobody: 9:10pm On Aug 07, 2019
alphaNomega:
Lost 65 pips on GBPUSD long. Serious consolidatoon at the moment, I'm waiting for the next train to move.

Trade better than me.

When did you buy?
Re: Forex Trade Alerts: Season 19 by Nobody: 10:25am On Aug 08, 2019
Price actually consolidating within this channel. I bought last week Thursday candle close. and still holding but I’ve been moving my stops to around 1.2100

The best time to trade is when this channel breaks by then price wont be consolidating. I’m stuck with the bulls and we praying we win this battle.

1 Like

Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 1:32pm On Aug 08, 2019
The thread is silent, hope we are doing good
Re: Forex Trade Alerts: Season 19 by mrikay: 2:35pm On Aug 08, 2019
alphaNomega:
Lost 65 pips on GBPUSD long. Serious consolidatoon at the moment, I'm waiting for the next train to move.

Trade better than me.

Last time I commented on this thread I said buying like this is gambling and someone started yabbing me.

My brother why did you waste your 65 pips for nothing? The TREND is down. why are you buying?

4 Likes

Re: Forex Trade Alerts: Season 19 by Nobody: 8:28pm On Aug 08, 2019
mrikay:


Last time I commented on this thread I said buying like this is gambling and someone started yabbing me.

My brother why did you waste your 65 pips for nothing? The TREND is down. why are you buying?
If a trend is down, do you think it can’t reverse? Everyone has his strategy the koko is to manage risk and let your winners run

1 Like

Re: Forex Trade Alerts: Season 19 by wiconse: 8:30pm On Aug 08, 2019
alphaNomega:
Lost 65 pips on GBPUSD long. Serious consolidatoon at the moment, I'm waiting for the next train to move.

Trade better than me.

How much is 65 pips with lot size of 0.02 with d latest dollar rate
Re: Forex Trade Alerts: Season 19 by Bolutumiii(m): 8:50pm On Aug 08, 2019
bojbest:

If a trend is down, do you think it can’t reverse? Everyone has his strategy the koko is to manage risk and let your winners run
Riding with the trend can go a long way in improving trading outcome. It may be difficult to let ur profit run while trading against the trend cuz correction can occur at any time. Mind u, talking reversal for a downtrend, Most times it occur at support zones or on contact with a trendline in the upward direction.
Note : there is a difference between a long retracement and a reversal.
I am not sure what ur risk management means but a Trader without a good strategy in Fx is just wasting his / her time.
Re: Forex Trade Alerts: Season 19 by Nobody: 9:36pm On Aug 08, 2019
Bolutumiii:

Riding with the trend can go a long way in improving trading outcome. It may be difficult to let ur profit run while trading against the trend cuz correction can occur at any time. Mind u, talking reversal for a downtrend, Most times it occur at support zones or on contact with a trendline in the upward direction.
Note : there is a difference between a long retracement and a reversal.
I am not sure what ur risk management means but a Trader without a good strategy in Fx is just wasting his / her time.


Yes bro. Everyone has his strategy the main thing is risk management and patience to make double or tripple your risk. Thats what makes this business profitable.
No matter how good your strategy is, if you cant be disciplined and be able to control your emotions, such person wont be profitable

On Gbpusd everyone has to wait for price to leave its consolidating zone. I pray the bulls win.
Re: Forex Trade Alerts: Season 19 by wiconse: 2:30am On Aug 09, 2019
Lxdd:
Double pinbar on cable. Time for a buy?

Which trading software is this
Re: Forex Trade Alerts: Season 19 by Lxdd: 5:53am On Aug 09, 2019
wiconse:


Which trading software is this

Trading view
Re: Forex Trade Alerts: Season 19 by MrStealYourGirl(m): 12:11pm On Aug 09, 2019
Some people will tell you to pay this and that to teach you, but there are things you have to learn by yourself. That being said i will drop my whatsapp GC link, we help each other there and share different strategies and how to use indicators. I want to grow the group so we can all be pros. It's FREE!! We aren't fraud and I'm not an advertiser.

1 Like

Re: Forex Trade Alerts: Season 19 by Emmanuel72(m): 12:29pm On Aug 09, 2019
MrStealYourGirl:
Some people will tell you to pay this and that to teach you, but there are things you have to learn by yourself. That being said i will drop my whatsapp GC link, we help each other there and share different strategies and how to use indicators. I want to grow the group so we can all be pros. It's FREE!! We aren't fraud and I'm not an advertiser.

Kindly drop the WhatsApp link so we could learn as well.
Re: Forex Trade Alerts: Season 19 by SayDeeJay: 1:44pm On Aug 09, 2019
redsox11:
If I'm feeling generous this week, I might share the idea of my counter scalp with the TMA band indicator/ settings here. (If used wisely, you can earn 2-20% every month. If you're not greedy)

Might be of no good to people here because it's for scalping and you have to be at desk, getting in and out of the market. A lot here don't have that time for screen time.

Cheers.


Ps: I can say I'm done for today (If I want), Took 2 "NOW TREND trading" GU n Gcad for sell. (Risk:Reward 1:2), both winners, made that call live on my other thread. Also took 1 counter-scalp GA.
Re: Forex Trade Alerts: Season 19 by MrStealYourGirl(m): 2:26pm On Aug 09, 2019
Emmanuel72:


Kindly drop the WhatsApp link so we could learn as well.
https://chat,whatsapp,com/JEXzD7FynWN9Z8RPJYetiY

Replace the comma with fullstop
Re: Forex Trade Alerts: Season 19 by currentprice: 2:42pm On Aug 09, 2019
planning to buy gbp/jpy around this blue levels

any opinion or who is with me on dis

grin grin grin

1 Like

Re: Forex Trade Alerts: Season 19 by drpips1(m): 3:33pm On Aug 09, 2019
wiconse:


How much is 65 pips with lot size of 0.02 with d latest dollar rate


Seems. 0.01 will give a tick value of 10 cents and. multiple of 65 for 0.02 is. $13

1 Like

Re: Forex Trade Alerts: Season 19 by meshpips(m): 6:47pm On Aug 09, 2019
USDJPY

Buy limit at 105.44

Stop loss : 50 pips

Target : 106.68

Happy trading everyone!
Re: Forex Trade Alerts: Season 19 by dammy20: 7:49pm On Aug 09, 2019
meshpips:
USDJPY

Buy limit at 105.44

Stop loss : 50 pips

Target : 106.68

Happy trading everyone!

On this trade��
Re: Forex Trade Alerts: Season 19 by harizonal123(m): 5:24am On Aug 10, 2019
What most traders are cheesy

2 Likes

Re: Forex Trade Alerts: Season 19 by cute75(m): 2:27pm On Aug 10, 2019
Please is the any one who is good at building forex Robot(EA)....I need to build an EA asap...just buzz me
Re: Forex Trade Alerts: Season 19 by datatrader: 4:45pm On Aug 10, 2019
cute75:
Please is the any one who is good at building forex Robot(EA)....I need to build an EA asap...just buzz me
Hmmm! Just becareful .
Re: Forex Trade Alerts: Season 19 by NwanyiOkpa(f): 8:26pm On Aug 10, 2019
currentprice:
grin grin grin grin grin

moved your SL up if u like

grin

Hello bro.. please where are u located? I am interested in learning Forex.
Re: Forex Trade Alerts: Season 19 by NwanyiOkpa(f): 8:43pm On Aug 10, 2019
stagger:


That means you do not know how to interpret his statements. Last week, when he praised a very dovish speech by a member of the Federal Open Market Committee of the US Federal Reserve, the USDJPY and USDCAD started falling soon after. The team I do market research for picked my hourly market research report and took action at the exact point I asked them to sell. Made a boatload of cash.



Good evening. Please can you mentor me sir?
Re: Forex Trade Alerts: Season 19 by BullBearMkt(m): 7:41am On Aug 11, 2019
Bulls may be ready to cause EURUSD pairs to rally
With the intra-day rally for EURUSD, the pair could possibly make more uptrend to 1.13459.

https://uk.tradingview.com/chart/EURUSD/JpTfQef0-Bulls-may-be-ready-to-cause-EURUSD-pairs-to-rally/

grin grin grin grin grin
Re: Forex Trade Alerts: Season 19 by redsox11: 9:32am On Aug 11, 2019
Think about it;

Suppose we are trading EURUSD:

We have identified a possible LONG trade in EURUSD with whatever method you are comfortable with - it does not matter.

What you do is analyse all EUR/Bleep minor crosses.

What does it tell you if you want to long EURUSD and EURGBP is short?

GBP is stronger than EUR at the moment. BIG WARNING SIGN ON. You want to long a currency which is weaker than another at the moment? Think again.

The next step here would be to check the USDX + GBPUSD.

If USDX is short what it tells us is that EURUSD is being dragged up by USD weakness. We know that EUR is not the strongest currency (EURGBP down) at the moment so that USDX weakness must come from another USD cross. Since we know that GBP is stronger than EUR we take a look at GBPUSD. If GBPUSD is long that already tells us that GBPUSD would be a better option to long right now since we know USD is being shorted + GBP is stronger than EUR but both EURUSD + GBPUSD are going up.

So essentially GBPUSD is super strong.

6 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by Opengates(m): 1:19pm On Aug 11, 2019
[quote author=cute75 post=81126853]Please is the any one who is good at building forex Robot(EA)....I need to build an EA asap...just buzz me[/quote

Visit my FOREX products page link in my signature, you might not need to build any EA but if there is still need, contact me so we can discuss more about it.
Re: Forex Trade Alerts: Season 19 by Opengates(m): 1:21pm On Aug 11, 2019
cute75:
Please is the any one who is good at building forex Robot(EA)....I need to build an EA asap...just buzz me

Visit my FOREX products page link in my signature, you might not need to build any EA but if there is still need, contact me so we can discuss more about it.
Re: Forex Trade Alerts: Season 19 by muyinet: 1:24pm On Aug 11, 2019
bojbest:
Price actually consolidating within this channel. I bought last week Thursday candle close. and still holding but I’ve been moving my stops to around 1.2100

The best time to trade is when this channel breaks by then price wont be consolidating. I’m stuck with the bulls and we praying we win this battle.

Trading is not about prayer. You must be certain before entry. That's why you need to study your price actions again.

1 Like

Re: Forex Trade Alerts: Season 19 by muyinet: 1:28pm On Aug 11, 2019
drpips1:



Seems. 0.01 will give a tick value of 10 cents and. multiple of 65 for 0.02 is. $13

Still depends on the currency pair.

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