Fxwarrior's Posts
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I just analyzed forexfactory for next week setup.Market is still bearish biased for EU and GU.As a matter of fact I don't visualize GU crossing 1.6000 strongly.Hmm.DOLLAR is still much favoured as a safe haven for investors.I see it rising.Regard this as valid unless NEWS RELEASES prove otherwise.CHEERS and HAPPY WEEKEND. |
kenostika: I remembered that u said u dont use stop loss,u would have saved half of ur account balance.pls go and read about MM seriously.i know u ar a good trader with a wonderful system but their is no holy grail system that can guarantee u 100% success.Money management is the ONLY guarantee in Forex business.i was very successful in demo,built lots of accounts but lost all due to greed(high lot size).i learnt alot frm that.in my Live account, i open a maximum of two trades with small lots size and a wide stop loss(100-150pips)and i am making it.i also avoid any thing JPY cos it wrecks account always.take heart and never give up on trading,be persistent.Goodluck.I think we share the same strategy.Nice one BRO. |
It is always important for us to know what works for us and stick to it.There are many fx pairs doesn't mean we should trade all of them. I have learnt a lot in this forum especially with regard to stoploss.I used to place 20 pips stoploss with a bigger lot size on fridays.My stoploss was triggered last week on EU.So now I use 100pips with smaller lot size.I also analyze the market well based on 4hrs,daily before placing my trade.Need I say I will be trading on only EU and GU.100stoploss:200target.Way to go.I saw the retracement on GU at 1.5866.Had to buy.Left EU due to uncertainty.Sorry about your loss @ Ogbograph.Let us all share our experiences.Nobody is perfect as far as fx is concerned. |
tonjoan: Here's me officially signing off for the week. Make una leave market alone tomorrow come have fun with me. See you all.AM OUT OF THE MARKET TOO.I WISH I WAS IN LAG. TO CELEBRATE WITH YOU.CONGRATS IN ADVANCE AND DANCE WELLA OH. |
FOREX IS NEVER GAMBLING.IT ALL DEPENDS ON YOUR LEVEL OF EXPERTISE.I AM A CHRISTIAN AND AM HAPPY TO BE A FOREX TRADER.Forex trading is a LEGAL business.It is not yahoo yahoo.You seem to be confusing it. |
WARMING UP TO CLOSE ON OR BEFORE 3PM.I think I have had enough for this WEEK. |
Mehn my profit target is getting nearer.Seems I will be closing my trades TODAY.200 pips is not bad business in a week if not for some bad mistakes we make on the side.Anyway I might not be taking TOMORROW'S trade because of EU BANK HOLIDAYS.I can't risk losing again! |
The TRUTH is that there is NO business I would say I regretted doing because each one of them gives me a hint/experience with which to embark on the next one. I am the internet type I have tried football betting,offline Pool,Betonmarket,hyip,referral programs,bought a good number of e-books from guys whose only experience ends in collecting money from you after which you are on your OWN!Did I forget FOREX?Of all these ventures I am glad I learnt FOREX because I have the PASSION for it inspite of several losses.I am improving and I believe I will make it!The Rest of the previous ventures consumed time,money,efforts but yielded significantly NOTHING! |
snthesis: a friend scoped/hounded/begged/ me to invest into simcard biz- buy at wholesale prize sell a week later when the price goes up - sort of like stock trading. i succumbed esp since he worked with a reputable sim card distrubutorship and he would be responsible for the buying and selling all i had to do was provide capital, which i eventually did, unfortunately the week i did, the prices of sim cards crashed and i still dey wait for it to come up @least get my cash back (its close to a year now, and the dude that set me up is so nonchallant about it).What a pathetic experience.That is human beings for you.I bet you he knew sim cards were about to crash,just needed to make sharp money.This kind of money runs stomach.Talk about TRUST! |
Exolarealestate: Well, as it turns out, gu seems to have returned to bearish ways.That is why it pays to be patient and to regard the long term picture.Those monitoring candles might have closed their SELL positions to favour BUY but am not joining NO bull party today and my profit expectation hasn't materialized.EU am still expecting 1.30xx. |
Logic Mind: why did god show him things he can't talk about?I wonder how you reason.How would you feel if a doctor tells you that you have AIDS talkless of when a renowned man of God tells you that your death is imminent! |
Around 1.3020 still remains a psychological barrier for EU.I think I might be closing my positions around there.Buy traders might just be hiding in the SHADOWS waiting to spring up. |
I pray this week begins the END of Risk Aversion.I need to walk over to Auto section to go price me a HUMMER cos I might be on my way to HAMMER! |
NAIJABABE ITS A PLEASURE TO HAVE YOU IN OUR MIDST.AM HONOURED TO MAKE AQUAINTANCE WITH THE ORIGINATOR OF THIS THREAD. Meanwhile greed and impatience dealt with me yesterday.Glad I had my stoploss placed.Am currently in EU and GU SELL.I will be exiting them before weekend.As Usual,the market is always RIGHT. |
lanredo: Your own style is better, you take them away from open to private room, please don't finishe dem ooo. We all wonder what work for you that can't be discuss here untill email are submitted. well, out of 1000000000emails many go drop. Nairalanders be wise!I wish I were Oga Seun I would ban all these nairaland 419ners.They are very wicked and devilish. and to think that they would repent this Easter period. |
I have closed all my positions in favour of 200 target buy on both EU and GU.I will closing them before the weekend.Cheers. |
honeric01: Sorry bro, but i don't need to refer to your earlier posts because i am RESPONSIBLE for my own trades, GJ has paid me wholly before and i have also lost to it, GJ is just like any other pair as long as you know what you are doing, if you don't you stay out just like you have chosen to.Very well then,bro.Am glad you are willing to accept responsibility unlike some who may blame brokers,stop hunting etc. |
Forex is a training ground where our human flaws such as anger,greed,fear,arrogance,pride are exposed.Nobody is correct 100percent in forex.That is why stoploss is important to tell you,mehn I was wrong.Combine technical with fundamental analysis to have an edge over the market. |
honeric01: I am totally confused with GJ, i was waiting to short it around 133.10, it never picked, now see it almost 100pips down.. if i say make i buy now, the yeye thing go just go down more.Refer to my earlier posts as regards why I don't trade anything Jpy.They have the ability to wipe your account and still prove you right.My brother nobi today e start. |
Ogboraph: GBPUSD enter long now buyers are more. lolWait until later today-Tuesday and see how many buyers still remain.Unless you have steel nerves and have ability to increase your stoploss to 200-300pips.You still have time now to reconsider your position.Check upcoming fundamental analysis,news.Body go tell you. |
Fxwarrior: I see strong selling opportunities on AU,EU,GU and NU this week.I may be wrong but let's keep our fingers.Remember its a long term trade:3-4 days.Happy Pipping.I am looking forward to closing these,some of these positions on Tuesday.I even took buys on usdcad and usdchf.Lots of holidays and of course reduced volume is expected..Did I also tell you there are conflicting signals from wednesday.Hmm?To be forewarned still remains to be forearmed!! |
Take my advice.When you hear hyip run the other direction unless you are a gambler cos they will milk you dry.It is outdated. |
kolykolidy: This website make money from us steadily and never gives us bonus for once.You are very wicked.Since the inception of nairaland,how much have you gained in terms of information?Is that not bonus enough,the ability to post your sales here or [nairalist+s],do they charge a penny?May God judge people like you,if you were in Oga Seun's shoes I bet if you won't charge money for membership.Rubbish!! |
honeric01: nice one bro. |
I see strong selling opportunities on AU,EU,GU and NU this week.I may be wrong but let's keep our fingers.Remember its a long term trade:3-4 days.Happy Pipping. |
nirvena: bet me that 700 page are ideas he exracted from the 30 ebooks. see guys chances are you have read what he is selling to you. moreover most of them don't put into practice what they package and sell. this people are forever selling ebooks on how to make money. watch your pocketsEXACTLY!SCAMMER!! |
At first glance I thought this was one of the most stupid postes in nairaland but after reading it I have come to understand it. My candid advice is to leave her.She is still a kid,age aside. If you go ahead it will be the most terrible mistake of your life. |
FUNDAMENTAL NEWS ANALYSIS FOR EURUSD ON 30/3/12 Market is bullish biased for EU.Watch the market from 6am Nigerian time.Any upward surge which implies that the market is making higher highs.Buy.When you have gained a considerable amt. of pips,adjust ur stoploss to be in a no risk position.Don't be greedy.Target may be 60pips.No matter what you see,never sell EU tomorrow and don't enter market too early.Cheers. |
Please does anyone in the house know if fxpro accepts liberty reserve.If not,what ecurrency do they accept and what are the reliable Nigerian exchangers that deal in such ecurrencies.How good are fxpro.Any useful info. would be appreciated.Thanks. |
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