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Forex Trade Alerts: Season 19 - Business (72) - Nairaland

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Re: Forex Trade Alerts: Season 19 by femora007(m): 6:58pm On Mar 15
infofirst:

How did it go this week bro?


And?

And?
Thanks for asking, you really care about our progress. It was a challenging week my brother. Not too good, I will leave the running trades till next week. Thanks.

Re: Forex Trade Alerts: Season 19 by seyiade26: 8:08pm On Mar 15
Lol grin. Happy weekend everyone. Enjoy and recharge. Cheers..
Re: Forex Trade Alerts: Season 19 by seyiade26: 8:10pm On Mar 15
Yes I am wondering too whether Tunderr is naijababe on FF. But I doubt...

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 8:20pm On Mar 15
femora007:
Thanks for asking, you really care about our progress. It was a challenging week my brother. Not too good, I will leave the running trades till next week. Thanks.

Some weeks are like that. Ability to have more winning weeks counts

1 Like

Re: Forex Trade Alerts: Season 19 by bojbest(m): 8:30pm On Mar 15
infofirst:

I can only see today's trade. None before today for the week?

Can I join the challenge?

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 9:47pm On Mar 15
Is anyone else seeing this on Gold? A possible sell to the 1280 zones again before our big move upwards?

Infofirst
Pinbar
PJAMES1

What are your views please?

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:02pm On Mar 15
AwesomeDuru:
Is anyone else seeing this on Gold? A possible sell to the 1280 zones again before our big move upwards?

Infofirst
Pinbar
PJAMES1

What are your views please?

Saw this on IG. Maybe can help you. Tell me after you see it so I can remove it as it's not my work. The setup looks good. I agree with the setup.. Bearish bias for now.

I will be posting a setup on EURNZD this weekend. Opportunity to go long (EURNZD) if things remain this way till market close. cool cool
Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 10:29pm On Mar 15
PJAMES1:


Saw this on IG. Maybe can help you. Tell me after you see it so I can remove it as it's not my work. The setup looks good. I agree with the setup.. Bearish bias for now.

I will be posting a setup on EURNZD this weekend. Opportunity to go long (EURNZD) if things remain this way till market close. cool cool
Nice. Seen thanks

1 Like

Re: Forex Trade Alerts: Season 19 by collitexnaira(m): 11:44pm On Mar 15
infofirst:

How did it go this week bro?

My Demo trade report.

I still have running trades. I decided not to close them because they have high potential of bringing in more profit

Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:25am On Mar 16
collitexnaira:

My Demo trade report.
I still have running trades. I decided not to close them because they have high potential of bringing in more profit

femora007:
Thanks for asking, you really care about our progress. It was a challenging week my brother. Not too good, I will leave the running trades till next week. Thanks.

Benqozenero:

@infofirst, #my$100demo update
Decent result. But try and maintain two trades max at a time. Or at least show that one of the trade is already at break even sl. And that will be the justification for having more than two. I am hoping this will be what you will do with live account too of the $100 and once you can double it. You can then set your own rules.
You need to do this also. Try and take trades that will have Atleast stop loss of up to - 50 or take profit of +50 before you close it.

And note that the three months is just the max duration. Once I felt you are so consistent and discipline, I can change and reduce the waiting time.
Relax, chill, calm and do your best. Use this to train yourself.

The max price is $100 each but four of you can be rest assured you wil get something minimum even if you did not meet up. It's just an attempt to bring the best in you.

Then try and come drop one or two comments minimum in the thread weekly. It can be question, answer, idea, trade outlook. Just something positive.

kozmicity:


Thank you boss... @infofirst account blown already, I guess I'm out

As the spirit directs, @kozmicity....let me reward your participation and effort with some token.Try and message me. Hopefully you get to read this.

3 Likes

Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:26am On Mar 16
bojbest:


Can I join the challenge?
Am sincerely sorry.
Re: Forex Trade Alerts: Season 19 by Tunderr(f): 2:25am On Mar 16
Dreaming cool shocked

1 Like

Re: Forex Trade Alerts: Season 19 by femora007(m): 5:13am On Mar 16
infofirst:





Decent result. But try and maintain two trades max at a time. Or at least show that one of the trade is already at break even sl. And that will be the justification for having more than two. I am hoping this will be what you will do with live account too of the $100 and once you can double it. You can then set your own rules.
You need to do this also. Try and take trades that will have Atleast stop loss of up to - 50 or take profit of +50 before you close it.

And note that the three months is just the max duration. Once I felt you are so consistent and discipline, I can change and reduce the waiting time.
Relax, chill, calm and do your best. Use this to train yourself.

The max price is $100 each but four of you can be rest assured you wil get something minimum even if you did not meet up. It's just an attempt to bring the best in you.

Then try and come drop one or two comments minimum in the thread weekly. It can be question, answer, idea, trade outlook. Just something positive.


Thanks
Re: Forex Trade Alerts: Season 19 by Tunderr(f): 6:09am On Mar 16
AK284:

I dey suspect you, you dey sure say you no be naijababe?
shocked I'm not, I don't know who that is. Is she a good trader?

3 Likes

Re: Forex Trade Alerts: Season 19 by alphaNomega: 6:26am On Mar 16
redsox11:


Now that you identify some of your weakness , it's time to work on it.

My week was very very simple, I didn't chase any market at all. They all came to me, no anxiousness whatsoever. Missed some GBP because I was waiting for them to rise a little more before selling them. They fell before reaching my area to enter sell. I could care less, I'm not chasing nada .



Don't forget to remove those pending orders.
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 6:36am On Mar 16
infofirst:





Decent result. But try and maintain two trades max at a time. Or at least show that one of the trade is already at break even sl. And that will be the justification for having more than two. I am hoping this will be what you will do with live account too of the $100 and once you can double it. You can then set your own rules.
You need to do this also. Try and take trades that will have Atleast stop loss of up to - 50 or take profit of +50 before you close it.

And note that the three months is just the max duration. Once I felt you are so consistent and discipline, I can change and reduce the waiting time.
Relax, chill, calm and do your best. Use this to train yourself.

The max price is $100 each but four of you can be rest assured you wil get something minimum even if you did not meet up. It's just an attempt to bring the best in you.

Then try and come drop one or two comments minimum in the thread weekly. It can be question, answer, idea, trade outlook. Just something positive.



As the spirit directs, @kozmicity....let me reward your participation and effort with some token.Try and message me. Hopefully you get to read this.


Well said, Thanks Boss.
Re: Forex Trade Alerts: Season 19 by alphaNomega: 6:53am On Mar 16
seyiade26:


Always on point my boss. More power...

Indeed yesterday I made enough profit by mid-asian session to close shop for the day (almost night-owling grin. But[b] I regretted closing the trades before tp[/b] (previous bad reversals were hunting).

Woke up to find price went beyond most of my tps and regretted the lost potential profit. So what I did (since I just had to trade and no new setups were forming) was trade against my system (based on the premise I knew I was likely to lose if I tried entering in the same direction).

As you might expect it was just back and forth with no real gain or loss... I just have to chill...

Should I give you and advice?

When you miss out on "potential profits" because you closed a trade early, let the regret be the only thing you should do.

If you cannot control yourself and want to trade again (some call this revenge trading), do it on a demo account! More often than not, the revenge trade will result in huge losses and likelihood of loosing your account.

What to do? Let it go. I know whatever trading method you use that gave you a good setup will help you spot another one very soon. The forex market is always there! It is not running away like MMM, donation hub and co.

So relax if you miss an opportunity, more will come.
Re: Forex Trade Alerts: Season 19 by seyiade26: 8:18am On Mar 16
alphaNomega:


Don't forget to remove those pending orders.

LOL. Are you saying what I think?
Re: Forex Trade Alerts: Season 19 by seyiade26: 8:22am On Mar 16
Tunderr:
shocked I'm not, I don't know who that is. Is she a good trader?

The probability is even higher now. Cheers...

1 Like

Re: Forex Trade Alerts: Season 19 by collitexnaira(m): 8:35am On Mar 16
infofirst:





Decent result. But try and maintain two trades max at a time. Or at least show that one of the trade is already at break even sl. And that will be the justification for having more than two. I am hoping this will be what you will do with live account too of the $100 and once you can double it. You can then set your own rules.
You need to do this also. Try and take trades that will have Atleast stop loss of up to - 50 or take profit of +50 before you close it.

And note that the three months is just the max duration. Once I felt you are so consistent and discipline, I can change and reduce the waiting time.
Relax, chill, calm and do your best. Use this to train yourself.

The max price is $100 each but four of you can be rest assured you wil get something minimum even if you did not meet up. It's just an attempt to bring the best in you.

Then try and come drop one or two comments minimum in the thread weekly. It can be question, answer, idea, trade outlook. Just something positive.

Thanks for the insight bro. I have been hearing of Breakeven on this forum without paying much attention to it. After reading your comment, i did a google search about Breakeven, to my surprise, it's another money management system to protect ones account from crashing.
I really appreciate your advice bro and thanks for being a ladder to my success in this trade.
Re: Forex Trade Alerts: Season 19 by Shevychen2: 8:58am On Mar 16
infofirst:


Decent result. But try and maintain two trades max at a time.


Probably none of my business but don't you think your students should set up a trade explorer for easier monitoring and better accountability? They dont even need to post the link here, just send it to your email.
Re: Forex Trade Alerts: Season 19 by Shevychen2: 9:00am On Mar 16
Meanwhile, loving the volatility this month.. Hopefully the remaining two weeks will be just as wild cool cool

2 Likes

Re: Forex Trade Alerts: Season 19 by Shevychen2: 9:07am On Mar 16
collitexnaira:


Thanks for the insight bro. I have been hearing of Breakeven on this forum without paying much attention to it. After reading your comment, i did a google search about Breakeven, to my surprise, it's another money management system to protect ones account from crashing.
I really appreciate your advice bro and thanks for being a ladder to my success in this trade.

I suppose it does but it is really about protecting your current profits and freeing up "risk" (on paper) for new positions. Quick tip, make sure you are moving to breakeven in line with a pair's daily range and volatility levels. It is easy to fall into the trap of saying "I will move to BE once I have 50 pips".. but while that makes sense for EU, AJ, AU and other pairs with 10 day ADRs below 70 pips, it wont work for GBP pairs or even EJ with ADR 80 and above. GJ's 10-day ADR is even currently at a massive 185 pips.

This ADR idea is also why fixed stop losses either rarely work or are inefficient (especially when they are too tight based on a strategy). All pairs move with different speed.

2 Likes

Re: Forex Trade Alerts: Season 19 by temi2sure: 9:39am On Mar 16
Good morning dear Nairalanders, i'm a new bae in this room. Pls, can anybody tell me if Irontrade binary option broker is a scam/legit?
Re: Forex Trade Alerts: Season 19 by AK284(m): 4:17pm On Mar 16
[quote author=Shevychen2 post=76700872]Meanwhile, loving the volatility this month.. Hopefully the remaining two weeks will be just as wild cool cool[/quote

Shevychen2 pls which app do you use for this your acct summary?
Re: Forex Trade Alerts: Season 19 by AK284(m): 4:25pm On Mar 16
Tunderr:
shocked I'm not, I don't know who that is. Is she a good trader?


She was one of our mentors here,until she abandoned her numerous forex family here, I believe she very good trader and woman too.
Re: Forex Trade Alerts: Season 19 by AK284(m): 4:29pm On Mar 16
Tunderr:
Dreaming cool shocked



Since you don't have to pay a dime to dream,I dream this too ,may 3-5years, nothing is actually impossible for those who work and believe.
Re: Forex Trade Alerts: Season 19 by Oladele2393: 5:23pm On Mar 16
if you are interested in learning forex I can put you through ,these business have a high learning curve or either take a long time to start yielding incomes .it requires that you have another source of income while you learn .if you are still interested after knowing that it's not a get rich quick scheme indicate by messaging me on what app and let's get started.... 08080611019
Re: Forex Trade Alerts: Season 19 by telescopefx: 6:26pm On Mar 16
Oladele2393:
if you are interested in learning forex I can put you through ,these business have a high learning curve or either take a long time to start yielding incomes .it requires that you have another source of income while you learn .if you are still interested after knowing that it's not a get rich quick scheme indicate by messaging me on what app and let's get started.... 08080611019

Lol, dreamer

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:54pm On Mar 16
EURNZD
Could be a double bottom being formed. There is RSI divergence too. Setup for long-term buy only valid if that upper trendline is broken.
Some caution here. Much more safer to wait for that to happen. As after looking carefully at the chart, I seem to see reasons to think up or down.

But it's one to watch as a break of the upper trendline opens up a massive trade potential.
Immediate short term. Personally, I am thinking of a long towards the upper trendline.
Break of the lower trendline is also a possibility. But personally won't be looking for trades if it's the lower one that's broken.
1st picture is daily.
2nd weekly.
3rd 4 hours.

NB: This is just my own view on the pair. Not a trade signal. Addition confirmation needed before trades are opened.

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:11pm On Mar 16
PJAMES1:
Update NAS100
Price is moving (slowly though) towards the overall target I had in mind when 1st picture was taken, as shown in the 2nd picture. About 140 pips up from the first picture.
We could see price reach the 7350 area as long as the trendline holds. A daily close below that trendline however may change my bias and may negate the bullish outlook.

NAS100
One of the few ones I got right.
24 days trading days after, more than 400 pips after.
Price at projected target area. (7350 area)

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