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Forex Trade Alerts: Season 21 - Business (154) - Nairaland

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Re: Forex Trade Alerts: Season 21 by NetValueFX: 10:28am On Jun 10
jamesbridget13:
thanks sir. May God help me. I am a teacher Sha with rsg. I really want to be a good trader. I have been demo learning n I am still that
That's great. One of the reasons why you need to demo for an extended period is to build your confidence on your trading sytem. When you are successful on demo for a long period then your chances of being successful on a live account will be very much higher. I wish you good luck.

Secondly, stick to one strategy for now. Even if you losing, keep trading that strategy until you have a margin call, then you are be assured thats not a worthy strategy. Then you look for another.
Re: Forex Trade Alerts: Season 21 by Tony142: 11:41am On Jun 10
jamesbridget13:
I so much appreciate ur comment. I guess I need to seriously learn from a good trader n master it.


Well I have been in this for approximately[b] two months [/b]n counting. I made some profit but some wrong trades blew up d account. Funny enough it was our boss that gave majority of d signals. I know it's not his fault because he likewise gave us many profitable signals



At this juncture, I don't even know what to do


2 month is very very very and very new #smile

You still have a long way to go

Would you rather spend 4years in the university and graduate without having a job or will you prefer to spend that same 4years in mastering how to trade and be self-employed for life? The question is upto you to answer, go back to demo account and continue your practice #Goodluck

1 Like

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:49am On Jun 10
Eryyy92:
The common characteristics of this generation newbie traders is that they hate correction, they're objective rather than being subjective.
You think forex is by reading babypips.com and demo trading. Hey little fool you still have a long way to go. I see you blowing up your demo trading account if you don't learn how to take corrections. Anyways you're still a small boy so you still have chances of learning forex if only you will stop being an idiot.
Don't reply me if you haven't fund your Forex account.




Forex traders n pride,
You too will learn soon

1 Like

Re: Forex Trade Alerts: Season 21 by GabsonFX(m): 12:06pm On Jun 10
Long wait is over, GJ and Gold out of the band
Re: Forex Trade Alerts: Season 21 by BrightFuture48: 12:23pm On Jun 10
BrightFuture48:

Second TP exit...
Taken a minor rally with small lot size with tight SL and TP.

Lest see how it goes....
SL move to break even...

2 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by iGod(m): 12:27pm On Jun 10
Hello Bosses,

Please help a newbie, I’ve been learning trading for over a month now, I don’t have a strategy that works yet, but recorded some wins on AvaTrade demo acc, I want to pay for fxleaders premium trading signals, is it a wise choice please?
Re: Forex Trade Alerts: Season 21 by GabsonFX(m): 12:27pm On Jun 10
Here is a job opening with Lafarge for any engineering graduate interested, it's a graduate trainee program...The ONLY 2 stated requirements are NYSC and engineering degree.....You've got to try it out

Deadline is 28th of this month.

https://dragnetscreening.ng/portal/apply?d=lafargegtp&details=106

3 Likes

Re: Forex Trade Alerts: Season 21 by BrightFuture48: 1:25pm On Jun 10
BrightFuture48:

SL move to break even...
TP reached! ... While the pair is still expected to move up rather sluggishly. I will wait for proper re- entry again to short it, for the time being, I am now in waiting period. grin

2 Likes

Re: Forex Trade Alerts: Season 21 by Davigle(m): 2:05pm On Jun 10
BrightFuture48:

TP reached! ... While the pair is still expected to move up rather sluggishly. I will wait for proper re- entry again to short it, for the time being, I am now in waiting period. grin
Egbon, I greet u ooo. tiri gbosa for u Sir. as u don seedan dey wait like corocodile, oya cut soap for us too....
Great trading by the way...

1 Like

Re: Forex Trade Alerts: Season 21 by GabsonFX(m): 2:15pm On Jun 10
They are back into that band, the wait continues.........
Swingers are patient to avoid being trapped in a range, but to catch the big move, not anything less than 250pips for gold and nothing less than 100pips for GJ.....so will confirm again by today's close

GabsonFX:
Long wait is over, GJ and Gold out of the band

1 Like

Re: Forex Trade Alerts: Season 21 by djwalata(m): 2:29pm On Jun 10
I'll only sell gold if only it can close below this trend line. Buy when it closes above d upper trend line

1 Like

Re: Forex Trade Alerts: Season 21 by iGod(m): 3:01pm On Jun 10
iGod:
Hello Bosses,

Please help a newbie, I’ve been learning trading for over a month now, I don’t have a strategy that works yet, but recorded some wins on AvaTrade demo acc, I want to pay for fxleaders premium trading signals, is it a wise choice please?


Help needed.
Re: Forex Trade Alerts: Season 21 by Abambam: 3:04pm On Jun 10
sad

1 Like

Re: Forex Trade Alerts: Season 21 by Gozzylala(m): 3:19pm On Jun 10
iGod:


Help needed.

Paying for signals isn't going to help you in the long run.
The essence of learning is to get a strategy that gives you an edge and suits your style and personality.
Backtest your strategy sufficiently, tweaking it till it gives you an edge in the market in the long run before you forward test(demo).
I'll advise you return to your drawing board.
Re: Forex Trade Alerts: Season 21 by BrightFuture48: 4:02pm On Jun 10
Davigle:

Egbon, I greet u ooo. tiri gbosa for u Sir. as don seedan dey wait like corocodile, oya cut soap for us too....
Great trading by the way...
Lol...you're very funny sir.
Re: Forex Trade Alerts: Season 21 by infofirst(m): 4:37pm On Jun 10
Donvic4u:


Forex traders n pride,
You too will learn soon

grin grin grin grin grin grin grin grin
Re: Forex Trade Alerts: Season 21 by NetValueFX: 4:41pm On Jun 10
iGod:
Hello Bosses,

Please help a newbie, I’ve been learning trading for over a month now, I don’t have a strategy that works yet, but recorded some wins on AvaTrade demo acc, I want to pay for fxleaders premium trading signals, is it a wise choice please?


There are lots of forex resources on youtube. Browse candlestick Bible and download it. The learning process in this game is quite more important than the earning process.
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 5:02pm On Jun 10
Sell GU 4167 SL 4191 TP open
Re: Forex Trade Alerts: Season 21 by rchwiz: 5:09pm On Jun 10
1/3: 28 pairs. Ah! shocked
King...

Re: Forex Trade Alerts: Season 21 by CopyJoe: 5:51pm On Jun 10
GabsonFX:
They are back into that band, the wait continues.........
Swingers are patient to avoid being trapped in a range, but to catch the big move, not anything less than 250pips for gold and nothing less than 100pips for GJ.....so will confirm again by today's close


Kindly respond to my mail, boss.
Re: Forex Trade Alerts: Season 21 by djwalata(m): 6:02pm On Jun 10
djwalata:
I'll only sell gold if only it can close below this trend line. Buy when it closes above d upper trend line
Let's c how it goes.

Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 6:23pm On Jun 10
Sell Gold 1894 SL 1900 TP open
Re: Forex Trade Alerts: Season 21 by GabsonFX(m): 7:04pm On Jun 10
I will try by weekend.

CopyJoe:


Kindly respond to my mail, boss.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 7:34pm On Jun 10
GabsonFX:
I will try by weekend.


Gracias
Re: Forex Trade Alerts: Season 21 by oweniwe(m): 9:21pm On Jun 10
Abambam:
sad

I'll never trade GBP again. Nonsense currency .. it just sat down there for 3 days, no movement angry

@ GabsonFX , djwalata

I have been demo trading with hot forex and Deriv for two months.

Hot Forex sometimes suddenly close all open trades without warning and if balance is running loss that moment, they will cut all one's funds.

I have not experienced same with Deriv.

Enquiry:

I watched a fx tutorial video on YouTube where the tutor said trades can be kept open for as long as infinity as far as one has healthy account balance

Is it normal for all currency pair forex brokers to automatically close all open trades on specific days?

If yes, how do one know that the broker will forcefully close trades before hand to prevent one's account from being wiped?
Re: Forex Trade Alerts: Season 21 by GabsonFX(m): 9:35pm On Jun 10
grin grin grin

I have been avoiding it since It's been on that range for 2weeks, good only for day traders and scalpers for now. Best to be aware of this danger, but that time is coming where it will go 300.0pips (could be next week).

oweniwe:


I'll never trade GBP again. Nonsense currency .. it just sat down there for 3 days, no movement angry

Re: Forex Trade Alerts: Season 21 by Gasive: 9:37pm On Jun 10
oweniwe:


I'll never trade GBP again. Nonsense currency .. it just sat down there for 3 days, no movement angry

Re: Forex Trade Alerts: Season 21 by jamesbridget13(f): 9:47pm On Jun 10
Tony142:



2 month is very very very and very new #smile

You still have a long way to go

Would you rather spend 4years in the university and graduate without having a job or will you prefer to spend that same 4years in mastering how to trade and be self-employed for life? The question is upto you to answer, go back to demo account and continue your practice #Goodluck
thanks

1 Like

Re: Forex Trade Alerts: Season 21 by jamesbridget13(f): 9:48pm On Jun 10
NetValueFX:

That's great. One of the reasons why you need to demo for an extended period is to build your confidence on your trading sytem. When you are successful on demo for a long period then your chances of being successful on a live account will be very much higher. I wish you good luck.

Secondly, stick to one strategy for now. Even if you losing, keep trading that strategy until you have a margin call, then you are be assured thats not a worthy strategy. Then you look for another.
alright. Thanks
Re: Forex Trade Alerts: Season 21 by Davigle(m): 10:24pm On Jun 10
GabsonFX:
grin grin grin

I have been avoiding it since It's been on that range for 2weeks, good only for day traders and scalpers for now. Best to be aware of this danger, but that time is coming where it will go 300.0pips (could be next week).

Sir I observed that you have a knack at both spotting and avoiding a range bound market. if I may ask, how do you spot a ranging market? your answer would help me cause my style of trading is trend following which has huge draw downs. and most times I spot ranging market late by then my stops would have been hit.
Re: Forex Trade Alerts: Season 21 by djwalata(m): 10:42pm On Jun 10
oweniwe:


I'll never trade GBP again. Nonsense currency
@ GabsonFX , djwalata

I have been demo trading with hot forex and Deriv for two months.

Hot Forex sometimes suddenly close all open trades without warning and if balance is running loss that moment, they will cut all one's funds.

I have not experienced same with Deriv.

If yes, how do one know that the broker will forcefully close trades before hand to prevent one's account from being wiped?
I guess it might b because ur FREE MARGIN is nearing ZERO, even running in NEGATIVE at dt moment ( based on ur current open positions running in losses as u said).
Trades are closed automatically when FREE MARGIN is getting to ZERO or NEGATIVE.
Re: Forex Trade Alerts: Season 21 by djwalata(m): 10:49pm On Jun 10
This is an example of a ranging market.
It gets trapped in a particular mini area without breaking upward/downward.

1 Like

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