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Forex Trade Alerts: Season 21 - Business (283) - Nairaland

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Re: Forex Trade Alerts: Season 21 by charly20(m): 7:52pm On Sep 18, 2021
This is my trade plan on EU on the long term.

I would watch closely to see how price follows my projections. I would be closing my sell position(depending on market sentiments) on Monday and prepare to buy.

Happy weekend everyone!

1 Like

Re: Forex Trade Alerts: Season 21 by VeeVeeMyLuv(m): 8:15pm On Sep 18, 2021
MONEY247:
I have been using a mobile phone to trade for about 1 year....(and I have never made profits)..

If you use a phone to do analysis and still take trades correctly how do you do it

Minify (zoom out) your chart on your mobile phone to the lowest.

Then view in landscape. Stop viewing in portrait mode.

If u have done these, then your trading strategy will have to be adjusted in line with the new settings. U can always transition, switch back to zoom in to properly view the candlestick pattern that formed.

2 Likes

Re: Forex Trade Alerts: Season 21 by Juicethekid: 11:02pm On Sep 18, 2021
CopyJoe:

Why do you ask?
never mind... Thanks sir
Re: Forex Trade Alerts: Season 21 by Juicethekid: 11:03pm On Sep 18, 2021
Feshizzy:

Forex is not funfair, If you can't read, i would advise you look into other line of business.
Forex trading is a full course on it's own
Imho
Thanks bro.. I'll look into that
Re: Forex Trade Alerts: Season 21 by Gasive: 9:48am On Sep 19, 2021
brandislam:

With Bicx, your financial future is guaranteed,
In Bicx, you invest, professionals trade on your behalf and you earn about 20% of your investment daily for 10 days paid directly into your bank account..
Na Dem!

1 Share

Re: Forex Trade Alerts: Season 21 by CopyJoe: 12:28pm On Sep 19, 2021
I have moved my fund from Exness to HotForex due to the exchange rate.
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 12:41pm On Sep 19, 2021
CopyJoe:
I have moved my fund from Exness to HotForex due to the exchange rate.

C'mon man,
Exness would have been better imho,
You don't always have to look at the exchange rate,
Just look at the % difference between the buy/sell on both platforms.

You can have a 400 buy and 330 sell on one and a 600 buy and 595 sell on the other.

Which do you think has a better exchange rate?
Re: Forex Trade Alerts: Season 21 by CopyJoe: 12:44pm On Sep 19, 2021
Feshizzy:


C'mon man,
Exness would have been better imho,
You don't always have to look at the exchange rate,
Just look at the % difference between the buy/sell on both platforms.

You can have a 400 buy and 330 sell on one and a 600 buy and 595 sell on the other.

Which do you think has a better exchange rate?

I have compared the two.

Hotforex is better for me.

I'll reconsider Exness if I am funding through USDT.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 12:46pm On Sep 19, 2021
CopyJoe:


I have compared the two.

Hotforex is better for me.

I'll reconsider Exness if I am funding through USDT.

Exness: Deposit - 412

Withdrawal - 409

Hotforex - 510 Deposit.

500 Withdrawal

I got more for every profit made.

1 Like

Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 12:54pm On Sep 19, 2021
CopyJoe:


Exness: Deposit - 412

Withdrawal - 409

Hotforex - 510 Deposit.

500 Withdrawal

I got more for every profit made.

cheesy
Exness has a 0.73% difference in exchange
Hfx has a high 2% difference

Don't you think if you deposit same amount in ngn you get more value in exness?

If you depo 10000
You get back.
Exness - 9927
Hfx - 9800


In forex term, hfx has higer spread.
Your choice, your call

1 Like

Re: Forex Trade Alerts: Season 21 by dennison4luv: 2:22pm On Sep 19, 2021
Feshizzy:
embarassed

cheesy
Exness has a 0.73% difference in exchange
Hfx has a high 2% difference

Don't you think if you deposit same amount in ngn you get more value in exness?

If you depo 10000
You get back.
Exness - 9927
Hfx - 9800


In forex term, hfx has higer spread.
Your choice, you call

Are you trading to withdraw only the amount you deposited or are you going to withdraw both the amount you deposit and your profit. If you are a profit trader hotforex is the best
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 2:35pm On Sep 19, 2021
dennison4luv:


Are you trading to withdraw only the amount you deposited or are you going to withdraw both the amount you deposit and your profit. If you are a profit trader hotforex is the best

I'm curious,
How's Hotforex the best?
Re: Forex Trade Alerts: Season 21 by dennison4luv: 2:57pm On Sep 19, 2021
Feshizzy:


I'm curious,
How's Hotforex the best?

I know that,their spread is a bit high but if you are a profit trader and you are withdrawing to naira account, in my own opinion they are better than exness
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:02pm On Sep 19, 2021
dennison4luv:


I know that,their spread is a bit high but if you are a profit trader and you are withdrawing to naira account, in my own opinion they are better than exness

Ok based on your opinion and not facts,
They are better.
Ok noted sir

I'm not even saying Hotforex is bad.
But based on extensive research exness is preferred,
Hotforex is actually also in my good books.
But do more digging, not even about spread,
I didn't even notice it

It just they have better reputation than Hotforex
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 3:08pm On Sep 19, 2021
Feshizzy:


Ok based on your opinion and not facts,
They are better.
Ok noted sir

I'm not even saying Hotforex is bad.
But based on extensive research exness is preferred,
Hotforex is actually also in my good books.
But do more digging, not even about spread,
I didn't even notice it

It just they have better reputation than Hotforex

Excess get better rep pass HF markets....if I hear.....
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 3:14pm On Sep 19, 2021
docus:
Who remember this chart, the diamond has broken, this should be a long ride up north.

Omo weekly time frame?....Hope say your account balance & lot size go fit withstand any pull backs.....
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 3:17pm On Sep 19, 2021
charly20:
This is my trade plan on EU on the long term.

I would watch closely to see how price follows my projections. I would be closing my sell position(depending on market sentiments) on Monday and prepare to buy.

Happy weekend everyone!

Confirm boss.... I also expected dollar to go strong this month......
Then from maybe next month EUROUSD suppose begin buy back...
Re: Forex Trade Alerts: Season 21 by Edd1e(m): 4:33pm On Sep 19, 2021
VlamesIffect:


Excess get better rep pass HF markets....if I hear.....

Exness has been way available before Hotforex, has more trading volume, reputation and far better in terms of spread, instrument offered and deposit rates. Hotforex is just popular among Naija traders, take it from someone who uses both brokers.

They are both good brokers, just choose any wink

1 Like

Re: Forex Trade Alerts: Season 21 by charly20(m): 4:42pm On Sep 19, 2021
VlamesIffect:


Confirm boss.... I also expected dollar to go strong this month......
Then from maybe next month EUROUSD suppose begin buy back...

This month don dey finish grin... I don't know if EU would go lower because that one I marked LL is an accumulation box for mitigation (LPS in Wyckoff's terms) and also QML so maybe, just maybe we may see another consolidation this week as last week's candle and even Friday's daily candle were strongly bearish and as it is "I don't catch a falling knife" cool.

Usdcad is still yet to approach 1.30....

We would watch the show grin
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 6:57pm On Sep 19, 2021
My thoughts on gold.


Gold will drop to 1710 and if it breaks 1700, it will get to 1670 and may find support there for fresh air to 17xx
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 7:26pm On Sep 19, 2021
charly20:


This month don dey finish grin... I don't know if EU would go lower because that one I marked LL is an accumulation box for mitigation (LPS in Wyckoff's terms) and also QML so maybe, just maybe we may see another consolidation this week as last week's candle and even Friday's daily candle were strongly bearish and as it is "I don't catch a falling knife" cool.

Usdcad is still yet to approach 1.30....

We would watch the show grin

I don't think the trend go change all of a sudden boss.... So till this month closing price...USD & JPY. go continue to gain buyers.

But all this big big grammar...where can I learn dem too....

I no understand anything you said.....
Re: Forex Trade Alerts: Season 21 by charly20(m): 7:44pm On Sep 19, 2021
VlamesIffect:


I don't think the trend go change all of a sudden boss.... So till this month closing price...USD & JPY. go continue to gain buyers.

But all this big big grammar...where can I learn dem too....

I no understand anything you said.....


Apologies if I said anything strange.
I only said that I imagine EU to range probably this week since Friday's daily candle and the overall weekly candle were fully bearish.

Why would I imagine that? Because by my markup, we have a HH(higher high) on the daily TF so I would be expecting a HL(higher low) too which I expect to happen at the consolidation box at 1.1700.

And 1.1700 has a lot of confluences in my plan.

But of course I could be wrong which means more selling profits tongue
Re: Forex Trade Alerts: Season 21 by Nobody: 8:06pm On Sep 19, 2021
Q4 2021.


I saw a post on the greenback being strong. Yes. I believe for the time being; the same strength being relative to the yen. The Loonie's been to some extent affected by this on-going OPEC issues. I don't fully grasps the standing point of the Asian Markets aside from the fact RBNZ were supposed to hike interest rate some weeks ago but couldn't due to recent CoVid Scares.


FOMC's coming up in a couple of days; should they make plans to hike by 25-50 basis points due to recent inflation figures. We'll see how the Market plays out.


I hope we've all been able to work on our risk management.


As we come into the last financial Qtr of this year, I wish everyone grinding, trading, studying _Good success & more Wins.

6 Likes

Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 8:12pm On Sep 19, 2021
Edd1e:


Exness has been way available before Hotforex, has more trading volume, reputation and far better in terms of spread, instrument offered and deposit rates. Hotforex is just popular among Naija traders, take it from someone who uses both brokers.

They are both good brokers, just choose any wink

My broda,
Thanks for shedding more light on the mata,
because i don taya, Hotforex has a stronger marketing base doesn't make it better.
It's like comparing techno to a redmi device,
Because one is popular doesn't necessarily means it is overall best.

I'm glad no one mentioned Al-Pari, maybe na that one we for pull shirt cheesy

Anyway, either the two, they are both good.
Re: Forex Trade Alerts: Season 21 by altteemy: 8:37pm On Sep 19, 2021
Feshizzy:


Very good observation,
No i don't use stop losses,
Yes i do enter recovery trade by hedge, average or martingale which ever fits the bill.

% equity stop isn't a bad idea at one time i thought of incorporating it to my system but i rather hedge it out.

Thanks for your Input.

Are you managing the hedges with an ea on a vps?
Re: Forex Trade Alerts: Season 21 by altteemy: 8:39pm On Sep 19, 2021
samfelly:
PLS, let's congratulate our brother (see attached)

He made US proud!

Out of 1,773 participants, he came 5th.

Don't know him, but he made me really really HAPPY

Did he win a prize?
Re: Forex Trade Alerts: Season 21 by altteemy: 8:41pm On Sep 19, 2021
VlamesIffect:


Excess get better rep pass HF markets....if I hear.....

Excess is one of the first market maker to come out plain that they take the opposite side of trades against you but guess what, they pay up without issues.

Comparing spreads, they beat HF.

HF is actually an Alpari spinoff as they had a lot looking like alpari operandi when they started out before diverting. I feel former staff of Alpari created it or even alpari itself created their own franchise competition e.g (coke, fanta and sprite Coca-Cola Bottling Company*)
Re: Forex Trade Alerts: Season 21 by altteemy: 8:44pm On Sep 19, 2021
Guys, which site now is reliable for naira-dollar exchange rates since abokifx is on hiatus?
Re: Forex Trade Alerts: Season 21 by abham: 8:54pm On Sep 19, 2021
Abeg what of fbs?

CopyJoe:


Exness: Deposit - 412

Withdrawal - 409

Hotforex - 510 Deposit.

500 Withdrawal

I got more for every profit made.
Re: Forex Trade Alerts: Season 21 by MrEmir: 10:13pm On Sep 19, 2021
samfelly:
PLS, let's congratulate our brother (see attached)

He made US proud!

Out of 1,773 participants, he came 5th.

Don't know him, but he made me really really HAPPY
Boss how does this contest work, and how can one register.

And a pipful week to us all.

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