₦airaland Forum

jorel1:
DUNNO why u closed this trade , its d right direction

sentiment telling it is going to be a bear movement

Very little risk...sold EURCHF @1.0962 SL:30 pips

FxDuke:
be careful, interest rate is happening today.
it is going to be tremendous.

I am 95% certain NZDJPY will go up if interest rate is unchanged

Lifecontinues:
@ EmmanuelD1st, please check again your buy for AUDUSD, It is at turning point on H4...I am only waiting for a signal lock-in to enter it

Cheers

Thanks for the heads up mate...i think it's a retracement...I want to let this position run...let's see how it pans out

Bought AUDUSD @0.7455 SL: 70 pips.....would have bought GBPJPY...I have reached my max risk exposure.

EmmanuelD1st:
Bought EURGBP @ 0.7804 SL:85 pips

trade closed manually +6 pips...half bread better than (according to...... )

Sold EURAUD again @ 1.5273 SL:105 pips and bought NZDJPY @74.64 SL:50 pips

Bought EURGBP @ 0.7804 SL:85 pips

jorel1:
well , its complicated . for starters.mostly after an exgerated move of the bears ,i open the a trade on the last bearish candle arriving a support for a buy , i dont wait for a bullish confirmation too risky for me, the same goes for the bullish direction . the average range for 4hr eurnzd candle stick is about 65pips , so from that level i expect either a candle wick to form before proceeding in my choice direction or worst case scenario that level wouldn't hold and i lose roughly 65 pips ,

For the EURNZD EXAMPLE, ONLY one bullish candle formed after breaking that level so still within the zone , on a normal day if it continues going higher I get out manually but I am trading Brexit these days so i would have still remained in the trade anyway due to my fundamentals bias.

This is indeed complicated and risky (me nor fit try am )...it seems to be working for you just well...kudos!!!

jorel1:
meanwhile EURNZD in +ve130 pips

Nice!!! Buh, how do u trade without SL?

jorel1:
well , I guess it would never get there afterall

do have a nice time riding it down if it permits

jorel1:
#158.38 likely its destination for a new high.. i know it will sell big anytime soon.

That's 50% retracement...just hope it continues downward move before it gets there

jorel1:
USDJPY added another sell from current price support level turned resistance . MEANWHILE e bi like say I don enter one - chance with GBPJPY currently in -ve 179 PIPS.

comot now before e carry you go him own destination

Lifecontinues:
Yes it is lot of hard work especially when you trade on H4, H1 downward. because you want to enter as many signal locked-in pair as possible (you do not care about the no. of pair you enter provided the signal is through, 10, 15, 20 pairs do not matter and that is why i use very very small lot cos what I do is pips cummulation)....If I trade one pair, the probability of winning is just like tossing a coin once (Head or Tail outcome) but no. of head or tail increases in one outcome as the no. of coin tossed increases Here, you have more of your desired outcome by going only for locked-in signal

[img]http:///a/img924/3333/uCQqp2.png[/img]

This is why I trade D1 TF as all I need is to open my platform, fetch for the lock-in every 2hrs per day at the open of a daily candle and go on with my daily activity outside fx

Yes double double

Nice!!! Contine to Keep it up...Buh, I want to basket pips too

Looking to buy GBPNZD on little risk

Lifecontinues:
Yes, well done and more grace to your elbow.....

I used to bear a username on this group that was frustrated by some friends here (including you ) only because I stated my ground in trading fx for living and after I picked on a scammer that scammed some people here, so I changed to lifecontinues and I see truely how life continues with pips basketing all the way

Well, I added more to research strength and I can tell how sweet forex is.....

I have closed all trades (none is opened) and now I have again doubled my account......YES, I MEAN X2 the second time in a week...thanks to pips basketing

Doubled your account twice in one week...that is huge...Nice one chief!!!...Bros afa na teach me your system...I want basket pips too ........ meanwhile, EURAUD and AUDUSD is making my body do jigi-jigi

currentprice:
if you took the EUR.NZD call with me,,,,, close and stand aside for now,,,, 5pm candle not read well on the chart

manually closed my eur.nzd trade with 30pips positive,,,, halfbrad is better than.....

Manually closed mine -32 pips...half bread is indeed better than....

currentprice:
if you took the EUR.NZD call with me,,,,, close and stand aside for now,,,, 5pm candle not read well on the chart

manually closed my eur.nzd trade with 30pips positive,,,, halfbrad is better than.....

Nice move...but, I'm letting mine run

jorel1:
If you made this trade , stay with it to take out current years low ...that 4hr TF bullish trend development likely wont hold water. There is no point catching a trade at a good price and wasting the opportunity with peanuts.

I Second...waiting for a better price to short this one

Bought AUDUSD @ 0.7325/SL:60 pips and sold EURNZD @1.6385/SL:80 pips

During ECB press conference yesterday, somebody was talking and EURAUD was selling and I sold @1.5448 SL:1.5538. Bought GBPCHF @1.4273 SL:1.4220 TP: 1.4420

jorel1:
leaving my open trades till next week and it moving in my anticipated direction would amount to about 800% in profit excluding withdrawals made..
Before you say I am extravagant gambler , I have a constant risk of 2000 pips irrespective of trading equity , so even
if I trade $500 , then its $0.2 a pip
if I trade $2000 , then its $1 a pip
if I trade $2000 000 , then its $1000 a pip
If this equity drops as a result of failure within a trading week , then I have to go back one step behind to adjust the $ a pip to result to 2000 pip risk. so at the end of the day my broker isnt acting like my parallel bank ,rather every dime of my money is actively making more money for me.
The difference between this and those making 10% profit in 3 months is that this management technique hasn't got a dormant buffer , its only buffer is the accuracy of your trading strategy + a steady calculated withdrawal process.
This is position sizing aspect of my trading system...

Nice!!!

EmmanuelD1st:
Sold EURAUD @1.5437 SL:1.5515

this trade was manually closed -53 pips

EmmanuelD1st:
GBPJPY buylimit order triggered with in a matter of minutes @162.10 SL: 160.10 Tp: 166.00

This Trade! Worst trade ever!!!

Sold EURAUD @1.5437 SL:1.5515

jorel1:
GBP crosses clearly gaining recovery across board . .. rather than standing in its way ,if you want to be a buyer this is time to stand aside and watch the end of day candle after settling then you see if a buy is still possible or you find a way to join the bears party

very important advice to you @sweetmaris...put it into consideration.

GBPJPY buylimit order triggered with in a matter of minutes @162.10 SL: 160.10 Tp: 166.00

EURAUD sell limit @1.5440 SL: 1.5530 tp:1.5250

jorel1:
Well, in as much as i applaud your tendencies of trying to make people feel good irrespective of the prevailing situation, you still need to tell the hard truth. However Those who gave him advice only gave their candid opinion and tip , the fact they didn't sound emotional about it doesn't mean they are poaching on his situation.

Even as medium to long term trader , I never lose up to 200 pips in a week...but for a day trader losing more than 350 pips , something isn't right.
A system isn't just about knowing when to buy and sell, it comprises a whole lot all in one.

I played with close to a 100 systems although repeatedly for some b4 i finally seem to get it right..even at that i still subject it to routine review once in a while..
I don't know how long pipsh has been trading but it takes time maybe years to get a whole system right...so in his case Maybe he isn't there yet ( having an established system ) so he needs to keep simulating and manipulating systems until he gets it not necessarily right but at least in the right direction.

So pipsh , they say you are a honest trader but don't see how that makes one a better trader so i suggest you take advice from those with strong critics giving you the hard truth ( not me offcourse ) and not necessarily the ones given to make you feel good...

Word! I 100% second this post
A Trading system consists of the trading strategy, Risk Reward Ratio and Money management you cannot afford have a win rate of let's say 20%, RRR 1:2, Risk/trade 2% (even if you risk 0.00001%), with time this account will be blown out. Do some math pipsharig and try to review your system if you know it's working as suppose.
Those three must compliment each other and those three are all it takes and emotion management too for one to be successful in this biz.

EmmanuelD1st:
GBPJPY Sell limit @161.40 SL: 162.20 tp:159.80

trade manually closed -40 pips

EmmanuelD1st:
GBPJPY Sell limit @161.40 SL: 162.20 tp:159.80

Order filled in...entry accuracy 99% ...mehn! missed my limit orders

nolly042:
wonder whats keeping EA from falling.

it is waiting to pick my limit order first