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anigold: Trade 16 Buy EURaud now or buy euraud at 1.41904 |
Trade 16 Buy EURaud now or buy euraud at 1.41904 stops= 45pips targets= 90pips reason for trade ; bullish setup formed risk 1% here. ----------------------------------------- buy GBPusd at 1.60958 por buy gbpusd now stops= 45pips targets= 90pips or more reason for trade; bullish setup formed risk 1% here. ----------------------------------------- so we are risking 2% here. |
Likely trades for 8/11/2013; Before i post this, i wanna remind folks that tomoro is Non farm payrol a big news so once any of our trades move into decent profits ,please move stops to breakeven. Am suspecting a bad report from USD(non farm payrol), so a buy entry on XXXUSD pairs will be a little bit saver. 1)EURaud; The ecb news did some powerful price action move on EUR pairs. This pair is about forming a powerful bullish setup at support, if price close above 1.42000 its will give us a strong confidence to buy this pair pushing price towards 1.43000. 2)GBPusd; This pair is also about to form a powerful bullish setup above 1.60000 a strong psychological point, so if this setup forms and closes above 1.61000(another minor psychological number) we will likely buy this pair pushing price towards 1.62000. ------------------------------------------ So come around 10-20 minutes after NEW YORK CLOSE for any possible signal. |
OUR TRADING RECORD SO FAR ON THIS THREAD IS AS FOLLOWS; number of trades= 15 number of won trades= 14 number of lost trade(s)=1 Thats 93.33% winning rate. ------------------------------------- NOTE:These signals are posted real time before the trade occur. ---------------------------------------- This thread was created by me to proof to fellow Nigerians that in the mist of so many scams/lies/myth in Forex Trading, that there are still few folks out there who are making a kill(good income/good living) in the forex market consistently,most of these excellent traders are not on popular forums. |
anigold: Trade 15 sell GBPcad now or sell GBPcad at 1.67542another win in the bag, wao hahahahah PRICE ACTION IS THE FOREX KING.... |
Trade 15 sell GBPcad now or sell GBPcad at 1.67542 stops= 47pips targets= 100pips or more reason for trade; bearish setup formed. Risk 2% here ---------------------------------------- Goodluck and happy pipping |
This trade is up with some profits so manage the trade properly. CURRENTLY MY SIGNAL RECORD ON THIS THREAD HAS PRODUCED 13 TRADES; 12 WINS + 1 LOSS. anigold: Trade 14 Buy AUDusd now or Buy AUDusd at 0.95024 |
Trade 14 Buy AUDusd now or Buy AUDusd at 0.95024 stops=41pips targets= 95pips reason for trade= bullish setup formed on daily risk 1% here ------------------------------------------ Buy AUDcad now or buy AUDcad at 0.99344 stops= 41pips targets=82pips reason for trade= bullish setup formed on daily risk 1% here =========================== so we are risking 2% on these trades. Good luck |
Likely trades for 6/11/2013 ------------------------------------ 1)AUDcad; This pair is about to form a decent bullish indecision candle on the daily chart just above 0.99000 a powerful psychological point, so if this forms(and closes above 0.99000) we will likely buy this pair pushing price towards 1.00000(another key round number).... So come around 10-20 minutes after NEW YORK CLOSE for any possible trade. 2)NZDusd; This pair is about forming a good bullish setup just above 0.83000 a key resistance and psychological number,so if this setup forms we will likely buy this pair pushing price towards 0.84000. Note; Theres a news on NZD(employment change) at 4;45PM (15 minutes to NEW YORK close), This news may likely affect the movement of NZD pairs this week, am anticipating a bullish movement from this news(buy move nzdusd). |
Likely trades for 7/11/2013 ---------------------------------- 1)GBPcad; This pair is about forming a decent bearish setup at 1.68000 a decent psychological point, so if this forms we may likely sell pushing this pair towards 1.66000. 2)EURcad; This pair is about forming a decent bearish setup at 1.41000 a strong psychological point so if this forms we may sell this pair pushing price towards 1.40000. ----------------------------------------- So come around 10-20 minutes after ''New york close'' for any possible setup. |
anigold: Trade 13 Buy limit on EURusd at 1.35050Trade 13= 60pips net profits -------------------------------------- If you are using a decent broker(with low spread) GBPnzd trade could have made you atleast 100pips; for the ''buylimit on GBPnzd'' as i anticipated price moved down to 1.92413(fxopen)/1.92398(axitrader) to trigger our 'buy-limit order'@ 1.92430(just few pips difference) then fire up over 117pips before retracing down. I made 100pips profits on some accounts. BUY EURusd = -40pips loss Buy limit on GBPnzd= 100pips net profits= 60pips profits. ---------------------------------------- Net Profits= 60pips profits |
Update on Trade 13; if your GBPnzd buylimit is not trigger right now; Buy EURusd at 1.35150 stops= 45pips targets= 90pips. Risk 2% here. anigold: Trade 13 Buy limit on EURusd at 1.35050 |
Trade 13 Buy limit on EURusd at 1.35050 stops=40pips targets= 90pips reason for trade= bullish setup on daily chart. Risk 1% here ------------------------------------------ Buylimit at 1.92430 on GBPnzd stops= 50pips targets= 200pips reason for trade= bullish setup formed. Risk 1% here =========================== so we are risking 2% here. I will try to monitor these trades for possible update . Good luck... |
Likely trades for 4/11/2013 ---------------------------------------- 1)EURusd; A bullish setup is about to form on support zone 1.35000-1.34600 so, if this setup forms we will likely buy this pair pushing price towards 1.36000. Also if this bullish setup closes above 1.35000(a powerful round number)this really give more strength for an upward move. 2)EURcad; This is about to form a decent bullish signal just above 1.40000 a powerful psychological point, so if this setups forms we will likely buy this pair pushing price towards 1.42000. ------------------------------------------ SO COME AROUND 10-20 MINUTES AFTER NEW YORK CLOSE(10PM) FOR ANY POSSIBLE TRADE. |
Happy sunday guys wishing you all a happy and successful pipping week ahead. There are so many economic reports this coming week so watchout for this news events. |
This trade ended(SELL AUDUSD) with 37 pips profits. Happy weekend guys. CURRENT RECORDS; 11 WINS+1 LOSS= 12 TRADES. anigold: Trade 12 sell AUDusd now or sell Audusd at 0.94614. |
Trading outlook for 3rd to 8th November 2013 ================================================================= 1)Eurusd: This pair soldoff violently from key 1.38000 for over 300pips,and closed on friday sitting on key daily support 1.35000 so we will be looking for a potential gradual bullish corrections/signals next week. 2)GBPusd: This pair fell-off over 280pips after forming a bearish setup at resistance point 1.62000.Price finally closed at key support 1.59000, so am expecting a bullish setup to form here next week. 3) EURaud: This pair sold-off 265pips from 1.45000 a resistance point to closed at 1.42667 the key support point, so we will be looking at this level for possible signal. on the weekly chart a bearish setup has formed indicating that price may likely reach 1.40000 this month. 4)GBPaud: This pair also moved lower over 120pips from resistance point 1.70000 but on the weekly chart a decent bearish setup has formed below 1.70000 signalling that price may likely move lower towards 1.65000 5)AUDusd: We had a decent bearish entry on this pair. Price did formed two consecutive bearish setup around 0.950000(the last support zone)so i expect price to move lower towards 0.94000-0.93000. 6) NZDusd: This pair closed on Friday forming a decent bullish setup just below 0.82000(key support on daily/weekly),on the weekly chart a bullish setup did formed so i expect price to move upward before falling down in lie with the new bearish trend on the daily chart. 7)GBPnzd: price did tank lower from key resistance point at 1.95000-1.96000, so we will watch this pair for any possible setup. GOLDusd: price moved down over 350pips from resistance point 1360.000 so we will watch this pair for possible price action setups.9)GBPcad: Price did closed below the last key support zone at 1.67000,so i expect price to continue tanking down towards 1.65000 before we can look for a decent bullish correction setup. 10)EURcad: price moved violently from key resistance at 1.44000 to close below the last support 1.41000, so i expect price to hit 1.39455 before we can look for a possible bullish run. 11)AUDcad: This pairmove down from key resistance and psychological point 1.00000 and price is approaching 0.980000 a key support number, so we will be looking for buy signals around the 0.98000 region next week. =================================================================== wishing all a happy and joyful weekend ahead. |
This trade ended in profits, making our record 11 wins: 1 loss anigold: Trade 12 sell AUDusd now or sell Audusd at 0.94614. |
Hello guys theres a news on USD at 10am New york time so if our sell AUDUSD IS STILL RUNNING NEGATIVE prior to news time move stops to 1% loss, but if the trade runs into profits quickly move stops to breakeven. anigold: Trade 12 sell AUDusd now or sell Audusd at 0.94614. |
Trade 12 sell AUDusd now or sell Audusd at 0.94614. Stops=47pips targets= 100pips reason for trade; bearish setup formed on daily. Risk 2% here. |
Trade 11 ended with a 0.9% loss; BUY GBPCAD= - 35PIPS LOSS BUY AUDCAD= + 10PIPS GAIN NET RESULTS= -25PIPS LOSS THATS 0.9% loss. For those who lost dont worry or panic many good trades will come and dont try to take a revenge trade, The market will always reward the patient/discipline traders. Well i ended the month with 9-19% profits on all manage accounts, That may look like a very small return if you are trading an account size with small equity but on a large account size thats a good return. ------------------------------------------ DONT BE FAST TO FIND FAULT WITH THIS LOST TRADE, LOSSES ARE UNAVOIDABLE IN FOREX BUT FOR ONE TO BE PROFITABLE YOUR WINS MUST BE GREATER THAN YOUR LOSSES. FOR THE RECORDS OUR WIN RATIO HAS BEEN LIKE 10 WINS ; 1 LOSS anigold: Trade 11 Buy GBPcad now or buy GBPcad at 1.68025 |
Trade 11 Buy GBPcad now or buy GBPcad at 1.68025 stops= 35pips targets= 100pips reason for trade ; bullish setup formed. Risk 1% here Note; Theres a news on GBP in the next 12 hours so once price move into decent profits move stops to breakeven ------------------------------------------ Buy AUDcad now or buy AUDcad at 0.99348 stops= 35pips targets= 71pips reason for trade; bullish setup formed risk 1% here ----------------------------------------- so we are risking 2% here. Goodluck. Sorry for being late to post today. ----------------------------------------- |
Trade 10 results= 200pips profits ---------------------------------------- A) Buy EURAUD= 90 pips profits target hit B)sell NZDusd= 50pips. C) sell GBPusd= 60pips profits. Total Profits= 200pips Profits Am done for today. anigold: Trade 10 buy EURaud now or buy euraud at 1.43984------------------------------------------ OUR TRADE RESULTS ON THIS THREAD IS; 10 TRADES= 10 WINS |
anigold: Trade 10 buy EURaud now or buy euraud at 1.43984Trade 10 updates: -------------------------- A)BUY EURAUD= 90PIPS PROFITS TARGET HIT B) sell nzdusd= stops at breakeven, still holding on some accounts. C) sell GBPusd= 60pips profits closed , but on some other live accounts trade is still running. |
These trades are running in good profits so please move stops to lock in Profits. anigold: Trade 10 buy EURaud now or buy euraud at 1.43984 |
Trade 10 buy EURaud now or buy euraud at 1.43984 stops= 45pips targets= 90pips reason for trade= bullish setup risk 1% here ---------------------------------------- sell nzdusd at 0.82992 stops= 35pips targets= 90pips reason for trade; bearish setup formed on daily risk 1% here ---------------------------------------- sell gbpusd at 1.61399 stops= 45pips targets= 90pips reason for trade; bearish setup formed at resistance zone on daily risk 1% here =========================== SO WE ARE RISK 3% on all positions. Goodluck to all |
TRADING FOREX WITH THE RIGHT EXPECTATION =========================== Many traders enter the markets with wrong expectations, expecting to have a big win every trade, when these big wins dont come it becomes a psychological problems to them(some trader) thereby causing traders to go against their trading plan leading to excessive losses and huge drawdown. A great way to trade with the right expectations is to Expect your trades to comprise of many breakeven results, many small wins and small losses that largely cancel each other out and slowly grind out a profit, Plus the occasional large winner that really gives a boost to your equity curve. But work to ensure you never get a large loss. Also remember you will have some missed opportunities its is normal. BUT DONT EVER HAVE A LARGE LOSS BIGGER THAN YOUR NORMAL LOSS SIZE, THESE BIG LOSSES ARE WHAT MAKES MANY TRADERS OUT OF BUSINESS,if your risk per trade is $200 dont ever lose more than $205 because its difficult to overcome large drawdowns Your last trade might have lost. That's fine. Learn from it if you could have done better. But as long as you didn't let the loss get out of hand, it's nothing unexpected. ------------------------------------------ For every trade we have 6 possible outcomes; 1)Large win 2)small win 3)breakeven 4)No trade(missed opportunity or no opportunity) 5)small loss 6)Large loss. Of all these possible outcome 1,2,3 and 4 outcomes are Profitable outcomes, 5 is a normal outcome while 6 is the worst outcome and outcome 6 should be avoided at all cost. The larger losses are what can take you out of this game. If you ensure you never suffer a larger loss, then you’ll get lots of small wins, lots of small losses, lots of breakeven trades, and some big wins, but you should never suffer a big loss, and so you increase the likelihood of surviving to trade another day. We control risk to ensure we do not get big losses |
Trading outlook for 27th October- 1st November ----------------------------------------- 1) EURusd; This pair is still in a clear bullish trend but price did closed above 1.38000 a powerful psychological point ,so i expect price to rotate lower to 1.37000 before firing up again depending on what happens this week. On the weekly chart price close above Resistance point at 1.37000(weekly resistance point) . 2)GBPusd; on the weekly chart and daily chart price did formed a powerful bearish setup at resistance point 1.62500, so i expect price to tank lower towards 1.60000 This week. 3)EURaud; This pair gave us a decent entry last week but price close below 1.44000 a decent psychological point so let see how markets unfolds this week. On the weekly chart the trend is still bullish forming a kind of a bullish continuation candles cluster.. 4)GBPaud; This pair is still in a decent bearish trend on the daily chart, price did closed below 1.69000 a near-term resistance point and psychological level, but the trend is still bullish on the weekly chart so lets see what happens this week. 6)AUDusd; I expect price to rotate down to 0.95000 for us to look for a price action signal. On the weekly chart a decent bearish reversal setup has formed so lets see how this works out. 7)NZDusd; This pair gave us a decent profits last week so lets see how things unfolds this week. The moving averages are pointing downward on the daily chart. GBPnzd; Nothing much to point out here, we will watch out for any signal at each New york close this week. The bulls are still in control here.9)Goldusd; A bullish trend has just began on this pair so i expect higher prices this new week. Price close on Friday forming a clear-cut bullish signal, so i expect price to hit 1367.000 this week. 10)GBPcad; Price closed on Friday forming a decent bearish setup just below 1.70000 and 1.69000 so i expect a bearish move towards 1.68000 before price can fireup again. 11)EURcad; This pair fired up over 350 pips from a bullish setup on the weekly chart, price did closed above 1.44000 this suggest that the BULLS ARE NOT READY TO BACK-OUT. let see what happens this new week. 12)AUDcad; Price finally closed above 1.00000 a powerful psychological point with a bullish trend, so i expect price to kiss 1.00000 before firing up to 1.01000. ------------------------------------------ HAPPY TRADING WEEK AHEAD |
Trade 8 buy eurusd at 1.36790 or buy eurusd now stops= 31pips targets= 62pips reason for trade bullish setup risk 1% here ----------------------------------------- buy audcad now or buy audcad at 0.99478 stops= 24pips targets= 51pips reason for trade; bullish setup risk 1% here ------------------------------------- sell limit on goldusd at 1320.00 stops= 45pips targets= 180pips risk 1% here reason for trade= bearish setup formed here ========================== SO WE ARE RISKING JUST 3% here once price moves into decent profits please move stops to breakeven cos theres a powerful news on usd. |
Likely trades ===== 1)EURusd; a bullish setup is about to form on daily so if this forms we will likely buy this pair. 2)Goldusd; This pair is about to form a bearish setup on daily chart so we may likely sell this pair pushing price towards 1300.00 ----------------------------------------- remember tomoro is Non far, payroll news so once our trades moves into decent profits move stops to breakeven |
pinbar: would appreciate you throwing up a chart from time to time.... nice oneya i will do that soon |
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GOLDusd: price moved down over 350pips from resistance point 1360.000 so we will watch this pair for possible price action setups.