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Forex Trade Alerts: Season 19 - Business (54) - Nairaland

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Re: Forex Trade Alerts: Season 19 by Nobody: 3:15pm On Feb 28
PIPnator:
GBPJPY long as seen in the picture above.
I might not hold the trade for long as weekend is nearing.


Damn! Gold just dropped fiercely.
Closed it manually with some pips.
Looking to enter again if support holds.

~EURUSD dropped too. Maybe there will be another opportunity to buy this.
~USDCHF.. Maybe a sell is brewing here.


GBPJPY closed. Not convinced yet about the buy.

1 Like

Re: Forex Trade Alerts: Season 19 by redsox11: 3:21pm On Feb 28
redsox11:
I'm expecting some RANGE or FALL day on GBP pairs today, especially the ones that did 200pips yesterday. They may try to throw in a fake bull run.

But if they are going to continue the run up, they will need a reset before resuming.


See the way GBP are going into correction/ reset today. I called it a day too early, I thought it was going to happen yesterday but it didn't.

Ultimately price is the boss, we just have to follow along and not be too rigid.

If you're expecting a SELL and it doesn't happen, snap out of it and follow the market.

Got out of my trades breakeven yesterday, after +30pips each on offer that I didn't take.

3 Likes

Re: Forex Trade Alerts: Season 19 by infofirst(m): 3:38pm On Feb 28
redsox11:



See the way GBP are going into correction/ reset today. I called it a day too early, I thought it was going to happen yesterday but it didn't.

Ultimately price is the boss, we just have to follow along and not be too rigid.

If you're expecting a SELL and it doesn't happen, snap out of it and follow the market.

Got out of my trades breakeven yesterday, after +30pips each on offer that I didn't take.
Mr Market for you. We just need to learn to understand his behavior every now and then with patience.

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 3:43pm On Feb 28
Where are the beginners. It's month end. Can we get feedback?have you completed baby pips school of pipsology? Are you improving?
The intermediate traders too... How market? Flash back to Jan 1, has there been improvement in your understanding of the market? Did you learn from your losses? Wins? Is your plans for the year still in tact? Is your emotions in check?
The professionals? Your boys will not mind any suggestions, advice and way forward. We are all learning. What have you learnt this year that you will love to share with us?

2 Likes

Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:00pm On Feb 28
After one month with my demo of 10k...i got that returns attached.

1 Like

Re: Forex Trade Alerts: Season 19 by redsox11: 4:32pm On Feb 28
Who's enjoying the Yen weakness?

infofirst:

Mr Market for you. We just need to learn to understand his behavior every now and then with patience.
You're spot on.

infofirst:
Where are the beginners. It's month end. Can we get feedback?have you completed baby pips school of pipsology? Are you improving?
The intermediate traders too... How market? Flash back to Jan 1, has there been improvement in your understanding of the market? Did you learn from your losses? Wins? Is your plans for the year still in tact? Is your emotions in check?
The professionals? Your boys will not mind any suggestions, advice and way forward. We are all learning. What have you learnt this year that you will love to share with us?

Fantastic return, I don't have to discuss risk with you, I believe you got that covered.

I hope guys here are taking advantage of the knowledge you're willing to impact.

1 Like

Re: Forex Trade Alerts: Season 19 by shorty44(f): 4:47pm On Feb 28
Seems d bulls don't want a pause. Nwy till d close of d 4 hr candle. Took a buy on d slight retracement dow.
PIPnator:



Here is what may likely happen if the red channel is valid.
Re: Forex Trade Alerts: Season 19 by kozmicity(m): 4:48pm On Feb 28
infofirst:
Where are the beginners. It's month end. Can we get feedback?have you completed baby pips school of pipsology? Are you improving?
The intermediate traders too... How market? Flash back to Jan 1, has there been improvement in your understanding of the market? Did you learn from your losses? Wins? Is your plans for the year still in tact? Is your emotions in check?
The professionals? Your boys will not mind any suggestions, advice and way forward. We are all learning. What have you learnt this year that you will love to share with us?


Good Evening sir,


I just opened my demo account in naira with FXTM broker... I'll attach the screen shot when I take my first trade!
Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:54pm On Feb 28
redsox11:
Who's enjoying the Yen weakness?

You're spot on.

Fantastic return, I don't have to discuss risk with you, I believe you got that covered.

I hope guys here are taking advantage of the knowledge you're willing to impact.

Yeah boss. The GBP now need to do some corrections. I am watching to flip with them. Maybe some 200pips.
The returns were with minimal risk by my own definition. Could have done much more. But I was trying to do what I intend to do with my live accounts when they arrive there again by year end. Thanks for that.


Hopefully somebody will learn something if not now but later. Some of our write ups now might not make sense but they sure will at one point or the other.
Thanks for your other thread too. I read it today and they were good refresher and I did understood some concepts much better now. I downloaded and load your template too. Lovely.
Is there any indicator like that which is able to identify the HH, HL, LL and LH auto
Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:55pm On Feb 28
kozmicity:


Good Evening sir,


I just opened my demo account in naira with FXTM broker... I'll attach the screen shot when I take my first trade!
Shey na 100 naira or 100dollars you want ni bro? Just asking.
I will suggest you read the offer again so you can be in line. All the best.
Re: Forex Trade Alerts: Season 19 by kozmicity(m): 5:01pm On Feb 28
infofirst:

Shey na 100 naira or 100dollars you want ni bro? Just asking.
I will suggest you read the offer again so you can be in line. All the best.

Lol... I checked almost 50 brokers on metatrader, and none of them offered me demo funds of less than $3000 ... I just opened a naira account and chose 25000NGN since its kinda close to $100 value..

You can help me with a broker if you know one please..
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:02pm On Feb 28
kozmicity:


Lol... I checked almost 50 brokers on metatrader, and none of them offered me demo funds of less than $3000 ... I just opened a naira account and chose 25000NGN since its kinda close to $100 value..

You can help me with a broker if you know one please..

AwesomeDuru should help you out. Quote him. And tunderr I guess should too.
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:08pm On Feb 28
kozmicity:


Lol... I checked almost 50 brokers on metatrader, and none of them offered me demo funds of less than $3000 ... I just opened a naira account and chose 25000NGN since its kinda close to $100 value..

You can help me with a broker if you know one please..

FXTM.. Allows you to do that. Select dollar as the currency for the account. I am very sure FXTM allows you open a demo account of $100

1 Like

Re: Forex Trade Alerts: Season 19 by kozmicity(m): 5:09pm On Feb 28
AwesomeDuru Tunderr Fxwarrior

Please I need any good broker that can allow me start forex trading with a deposit of $100 or less... your replies will be most appreciated.
Re: Forex Trade Alerts: Season 19 by kozmicity(m): 5:11pm On Feb 28
PJAMES1:


FXTM

that's my broker, but it wasn't there... the $100 demo funds credit option I mean.
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:16pm On Feb 28
PJAMES1:


FXTM.. Allows you to do that. Select dollar as the currency for the account. I am very sure FXTM allows you open a demo account of $100

Probably he is not getting something. I will suggest that he chat the cs. They might help
Re: Forex Trade Alerts: Season 19 by tabtabtab: 5:24pm On Feb 28
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:27pm On Feb 28
kozmicity:


that's my broker, but it wasn't there... the $100 demo funds credit option I mean.

When you log in my FXTM. Go to 'open an account.
Click on demo....
It should bring this...
I already edited to put 100 in the balance

1 Like

Re: Forex Trade Alerts: Season 19 by kozmicity(m): 5:36pm On Feb 28
PJAMES1:


When you log in my FXTM. Go to 'open an account.
Click on demo....
It should bring this...
I already edited to put 100 in the balance

Thanks a lot man, I always open my demo accounts directly from the metatrader platform, I'll try this... once again thanks!

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:36pm On Feb 28
EURJPY
Clean set up.. Simple too. Price broke the descending trendline. And the resistance (125.6 area) too. Next resistance (127 area) was like 100pips away to the upside.
One could have dropped to one hour chart for an entry.. As shown in the 2nd picture. The arrow around the break of that one hour trendline. It's what I did on the demo trade I took.
3rd picture.. A couple of pips away from target.
Essentially.. Price retested the trendline and broken resistance at 125.6 area (they held as support) and headed for the 127 area resistance.

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:40pm On Feb 28
kozmicity:


Thanks a lot man, I always open my demo accounts directly from the metatrader platform, I'll try this... once again thanks!

You are welcome.

1 Like

Re: Forex Trade Alerts: Season 19 by kozmicity(m): 5:45pm On Feb 28
PJAMES1:


You are welcome.

Please I have some questions to ask concerning the broker you use (FXTM)... should I go ahead?
Re: Forex Trade Alerts: Season 19 by Fxwarrior: 5:57pm On Feb 28
AK284:










It depends on your level of experience and size of account.But most pro says not more than 3-5% of your account @ a time, so basically you can calculate your leverage to suit that.

Leverage and lot size are 2 different concepts. You are talking of lot size.
Re: Forex Trade Alerts: Season 19 by Nobody: 6:03pm On Feb 28
AUDUSD..
Buy or sell..?
Mr Market will let us know soon.

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:05pm On Feb 28
kozmicity:


Please I have some questions to ask concerning the broker you use (FXTM)... should I go ahead?

I don't use FXTM for live trading again.
Re: Forex Trade Alerts: Season 19 by Nobody: 6:12pm On Feb 28
GBPJPY...
Notice the pattern GBPJPY has been exhibiting in a couple hours.
See the yellow circle. Once price makes a doji, price starts to fall gradually and slowly.
Possibly, same thing is going to happen with the red circle.
That could be a 70pip sell trade.

***Trade with caution.

1 Like

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 7:22pm On Feb 28
infofirst:


AwesomeDuru should help you out. Quote him. And tunderr I guess should too.
You're right boss. $100 demo account is my thing.
kozmicity:
AwesomeDuru Tunderr Fxwarrior

Please I need any good broker that can allow me start forex trading with a deposit of $100 or less... your replies will be most appreciated.
FXTM is your best bet. I see you have gotten that suggestion already. Regards.

1 Like

Re: Forex Trade Alerts: Season 19 by alphaNomega: 8:16pm On Feb 28
PIPnator:
GBPJPY long as seen in the picture above.
I might not hold the trade for long as weekend is nearing.


Damn! Gold just dropped fiercely.
Closed it manually with some pips.
Looking to enter again if support holds.

~EURUSD dropped too. Maybe there will be another opportunity to buy this.
~USDCHF.. Maybe a sell is brewing here.

As expected

Gold the maker and slayer of forex trading accounts
Re: Forex Trade Alerts: Season 19 by kozmicity(m): 9:32pm On Feb 28
AwesomeDuru:
You're right boss. $100 demo account is my thing. FXTM is your best bet. I see you have gotten that suggestion already. Regards.

Yeah, thanks a lot
Re: Forex Trade Alerts: Season 19 by kozmicity(m): 9:33pm On Feb 28
@infofirst

Acc opened... I look forward to learning from y'all
Pipnator awesomeduru fxwarrior tinder ET al

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 9:46pm On Feb 28
kozmicity:
@infofirst

Acc opened... I look forward to learning from y'all
Pipnator awesomeduru fxwarrior tinder ET al

Perfect. Improve on your learning, practice good mm. Be here from time to time. And if you demonstrate to have learn with the performance on the demo as evidence then it's a deal... $100 Wil be for you. I wish you the best.

4 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by AK284(m): 12:16am On Mar 01
Fxwarrior:


Leverage and lot size are 2 different concepts. You are talking of lot size.


I Never said they are d same besides they basics that both determine the amount of risk involved per trade: I mean just do ur maths to align with 3-5% of ur acct per trade.

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