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Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 2:14pm On Jan 23, 2017

EmmanuelD1st:
Long GBPJPY @CMP SL:100 PIPS TP:300 PIPS

Are you trading this based on tomorrow's UK's Supreme Court ruling on Brexit?

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 4:47pm On Jan 20, 2017

obatine:
From the daily timeframe the Bulls are still in charge...and same scenario playing out on silver....

I don't see the bulls coming to buy gold again except the trendline is broken. I am placing my stop at 1218 with sell limit order at 1210 and target 1190

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 10:58am On Jan 11, 2017

mrikay:
Yes sir...

Btw... Is the usd not supposed to gain strenght this week?

What is going on? #Audusd #nzdusd #eurusd

Don't suppose, use your head, chart pattern and what you see on the chart

1 Like

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 9:14am On Jan 11, 2017

mrikay:
Another Brexit again?!

Not another Brexit again but it is the invoking of Article 50 formally notifying the intention to withdraw from EU

Politics › Re: Intellectual African Idiot! ! ! by JAkpayen(m): 9:07am On Jan 11, 2017

This shows that our education system is only good at producing educated fools with nothing in their minds

1 Like

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 6:19pm On Jan 09, 2017

Kashif:
Looooong time boss!

Well done! Double chief Kashif. How is everything going despite the economic recession?

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 6:18pm On Jan 09, 2017

mrikay:
Boss, please what is your view of this pair? .. I saw a 3 year chart that says ranging and buy... How do you intend to trade this pair? Thanks!

BREXIT execution will be triggered by end of March 2017, this should make one to look short for gbpusd and eurusd until the dust settles

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 5:31pm On Jan 06, 2017

DoroBad:
NFP update: My equity down by $4. balance up by 14$

Be mindful of your euraud trade so that it won't mess up your capital. That pair might reach 1.4650

Do you use mental SL?

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 2:27pm On Jan 06, 2017

^^^
Watch the trend line for eurusd for today, if it does not break we will expect a downward trend.

Business › Re: Forex Trade Alerts Season 17 by JAkpayen(m): 1:54pm On Jan 06, 2017

DoroBad:
i now eagerly await the non farm payroll to come and to the needful to my TPs. . .

I used to fear the non farm payroll..... now i know it was all hype.

Well done! DoroBad on your trades.

USD is expected to make gain from the NFP today.

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 4:24pm On Dec 30, 2016

Basketing result after one month - 70% profitable. Note that this is a euro-cent live account

1 Like

Technology Market › Re: Buy Plasma, Lcd And Led Televisions For Affordable Pricein Lagos. by JAkpayen(m): 12:11pm On Dec 30, 2016

walexy14:
I got A Clean 42" Smart 3D LG TV from Acunon last week Saturday though it was a stressful experience anyway, because he never told me his not around until i got to Alaba Market before he sent his brother number to me . So the whole transaction was done on phone and after visiting like 2 shops i got exactly what i need. Nice doing business with you.

How much did he get this for you? Will they open tomorrow

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 10:17am On Dec 21, 2016

@ DoroBad,

You shouldn't be buying eurusd at this time. This pair will likely hit 1.01 soon

Literature › Re: When Mission Becomes Impossible by JAkpayen(m): 10:13am On Dec 03, 2016

Thanks Kybee21 for your story. Please where or when do we read the remaining?

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 4:35pm On Nov 28, 2016

^^^ Don't sell eurgbp. Trend change to bullish mode

Christianity Etc › Re: Should Pastors Have Bouncers/Bodyguards? by JAkpayen(m): 5:58pm On Nov 22, 2016

'Na pastor life dey better, the people dey suffer' - Femi Kuti

1 Like 2 Shares

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 3:23pm On Nov 21, 2016

WHY BASKET TRADE?

As imperfect human beings we have emotions and they completely get in the way of our trading too. The ultimate in trading satisfaction is to trade a system that completely removes as much stress, fear and doubt as possible from the equation. How do we do this? By eliminating as many questions as possible and spending as little time as possible in front of the charts, set your trades and then walk away. It may suit you better to TP when you feel it's right. Use your discretion.

With basket trading we don't have to worry about where to place our stops for each individual trade. We can set our risk:reward at 1:1 or better because we are choosing a set TP and SL for each basket. No worries about multiple correlated individual trades either, we are using them to our advantage here and no need to choose which correlated pair is going to be the one to move. We spread our risk over a bunch of pairs and use their pull and push effect to move in the proper direction and get big pips.

In summary:
1. Choose the strongly trending pairs & add them to a watch basket.
2. Wait for price to to retrace on most of the chosen pairs.
3. Wait for the triggers to start kicking in on most of the chosen pairs.
4. Launch the basket!

These suggestions can be bent quite often when you see a good setup. At the same time you will want to keep consistent so I urge you to do all your messing around on a demo and get a few months of consistent profits.

A good system tells you when to stay out of the market. If so go do something in real life like play with your kids or go skydiving, or rob a bank (lol grin

) – whatever.

2 Likes

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 3:04pm On Nov 21, 2016

BASKET TRADING

Basket trading is a trading style where a selection of pairs are traded as one. Instead of looking at each pair individually we now look at it as a single basket and when that basket reaches X amount of pips our TP or SL is hit.

We add long/short positions only on the pairs that are trending strongly. One of the beautiful things about the forex market is the correlation between pairs – if we time our entries correctly then we will see all of our basket trades going into profit together. Of course, if we get it wrong they will all go into a loss together.

Timing is absolutely essential with this. This is why you better wait for a retracement before you get in which will put the odds in your favour. Seriously, if you don't wait for a retracement you're going to cop a mouthful of double A-grade Draw Down.

2 Likes

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 1:54pm On Nov 21, 2016

Pipsbasketing:
Our basket currently reads 849.0 pips, with current net pips of about 650.0pips. We shall expect more asap, depending on what the market gives us.
As noted earlier, next basket update is today, Monday 11:00PM GMT+1
Enjoy

At your permission, I want to do a little brief on basket trading to benefit of all

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 12:38pm On Nov 17, 2016

Pipsbasketing:
Question: Can you predict the very obvious here and what is expected.

Clue: Picture depicts the hint, this is a sure tip for you..........

Answer: ...........................

Bears just step in to push price lower. Today's close would confirm.

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 5:56am On Nov 17, 2016

So much reason to see new lows on jpy pairs

Bank of Japan announcing its first fixed-rate operation to buy JGBs

Offers to buy unlimited amounts of JGBs 1 to 3 year maturity at yield of 0.020% above previous close

Surging USD/JPY on this
--
More:

This was the tool the BOJ introduced in September
First operation of it today
Seeks to control the yield curve
Two operations today, buying JGBs securities maturing in 1 to 3 years, and another for those of 3 to 5 years maturity

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 6:37pm On Nov 16, 2016

sweetmaris:
Can some1 gimme a reason why he/she is not buying GJ

I think it maybe time to start unwinding your buy on gbpjpy

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 5:32pm On Oct 31, 2016

Alert!

Buy euraud @ 1.4400 SL 1.4350 TP 300 pips

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 3:20pm On Oct 28, 2016

meshpips:
Hi guys,

A few entries for today

Bro watch your audusd trade wella. shocked

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 3:13pm On Oct 28, 2016

satone:
I want to learn learn forex trading, pls can anyone recommend me a broker i should open account with

Go to http://www.babypips.com/school
When you have read up to "Types of Charts" under Kindergarten, download any brokers platform and learn the basics in the platform as you read along

Politics › Re: FG: Why We’re Taking N9.61tn Loan by JAkpayen(m): 12:38pm On Oct 27, 2016

The next generation of Nigerians should be ready to work-out themselves to pay this huge debt huh

88 Likes 4 Shares

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 7:53am On Oct 27, 2016

meshpips:
Here is one that will yield over 200 pips

Sell EURAUD at market price (1.4300)

Take profit at 1.4050 or lower.

Stop loss 100 pips

Have fun guys!

euraud might not go beyond 1.4250. This pair is bullish. Just babysit this trade

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 10:27am On Oct 25, 2016

^^^ I'm not so comfortable with your gbpnzd buy. Please review the trade again

NYSC › Re: Corpers Get CBN Loan Worth N3million Each by JAkpayen(m): 1:45pm On Oct 21, 2016

The Central Bank of Nigeria (CBN) in partnership with Heritage Bank Plc has disbursed a total of N93 million to 310 young entrepreneurs in the country under the Youth Entrepreneurship Development Programme (YEDP) of the apex bank.

Please someone should do the maths for the bolded. It's not equal to ₦3M per each

1 Like

Health › Re: Couple Needs N4.7million From Philanthropists To Treat Their Son by JAkpayen(m): 5:44pm On Oct 19, 2016

Sometimes it is so so painful not being able to raise just $10,000 which is the equivalent of what this parents need to treat their child

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 4:42pm On Oct 13, 2016

fidellamo:
I trade candlestick patterns look out for reversal patterns. Price had turned up on 1H and 4H is already following suit. I entered the buy at 2pm with the new 4H candle, let's see how it plays. If it holds, I would look at a another entry when it confirms on daily.

I think you maybe be trading retracement for AUD/USD. Look to sell at today's high

Business › Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 5:26pm On Oct 11, 2016

sellydion:
The pair is actually bearish. Check high time frame. However Aussies has been terribly beating many currencies of resent. But I have noticed some weakness in other currency pairs. It is better to wait for confirmation. Being aggressive(short) with a stop is okay as well

I see price not going below 1.0630 area. Look to buy at that point for AUD/NZD

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