₦airaland Forum

elewedu: EURAUD sell on my mind. A rejection of daily supply zone. Will trigger my sell as soon as 1.48740 is broken to the down side, stoploss at 1.49212, take profit at 1.47400...lets see out it goes

rozayx5: @online resource that gold signal still flying high ohh

nolly042: i sold ej at current price SL 50 pips

naijababe: Charlatans!!!

natruetalk: My experience on last week trade and lesson learned

I end last week positively but yet learn some lesson from my trade.

Firstly lession:-
On EUR/NZD i took a risk on the pair entered emotionally simply because the north move was on straight 4days with good pips upward. sighted a not cleared enough mini-resistance i ignored some other aspect i suppose to considered & entered the trade with 80pips SL with the hope of catching some pips before it resume back her north journey, babysitted the trade because i understood it was a risk trade.
bad side of it i closed the trade with negative 25pips
good side of it, i didn't deceive myself by fighting right with the market then i save myself 55pips.

Second Lession-
After a good analysis of chart on Crude oil with my master last Thursday, we conclude the commodity has higher probability of moving north. i entered the trade but oil did not initially made up her mind. emotionally closed the trade with small positive pips, entered again close with positive pips after some hours then made up my mind to closed the day on oil for total of +92.
open my chart on friday noticed the oil still strong on the upward move. this time i made up my mind to join the train with 100pips SL then close my chart to come back 3pm to avoid emotional trade this time.
came back to open my chart at 2.45pm met the trade with 55pips red. i said to myself 3pm might be disaster for the pair then closed my trade with 60pips negative 5 minute later. behold my people the candle close at 3pm 3pip below the closed 60pips red and the new candle open by 3pm was a longest on north move with 200pips left me behind with the stress of identifying the good tradingsetup with my boss while those we took the trade together smilling with over 300pips from thursday and still on the trade.

What did i do wrong?
to me nothing, i follow my MM style. what if the trade goes other way ? trade is like that atleast i planned to save my capital. though i missed that move but another one will come.

Tell me your own story i want to learn more
cheers.

natruetalk: My experience on last week trade and lesson learned

I end last week positively but yet learn some lesson from my trade.

Firstly lession:-
On EUR/NZD i took a risk on the pair entered emotionally simply because the north move was on straight 4days with good pips upward. sighted a not cleared enough mini-resistance i ignored some other aspect i suppose to considered & entered the trade with 80pips SL with the hope of catching some pips before it resume back her north journey, babysitted the trade because i understood it was a risk trade.
bad side of it i closed the trade with negative 25pips
good side of it, i didn't deceive myself by fighting right with the market then i save myself 55pips.

Second Lession-
After a good analysis of chart on Crude oil with my master last Thursday, we conclude the commodity has higher probability of moving north. i entered the trade but oil did not initially made up her mind. emotionally closed the trade with small positive pips, entered again close with positive pips after some hours then made up my mind to closed the day on oil for total of +92.
open my chart on friday noticed the oil still strong on the upward move. this time i made up my mind to join the train with 100pips SL then close my chart to come back 3pm to avoid emotional trade this time.
came back to open my chart at 2.45pm met the trade with 55pips red. i said to myself 3pm might be disaster for the pair then closed my trade with 60pips negative 5 minute later. behold my people the candle close at 3pm 3pip below the closed 60pips red and the new candle open by 3pm was a longest on north move with 200pips left me behind with the stress of identifying the good tradingsetup with my boss while those we took the trade together smilling with over 300pips from thursday and still on the trade.

What did i do wrong?
to me nothing, i follow my MM style. what if the trade goes other way ? trade is like that atleast i planned to save my capital. though i missed that move but another one will come.

Tell me your own story i want to learn more
cheers.

rozayx5: .
if my sell signal on GJ is to hold buyers need to be careful

anybody riding gold down with me??
@BE

online resource, still waiting for your analysis

naijababe: Depends on your broker, I have a print out on my desk that I use to check. On my platforms, they expire around the 19th of every month

naijababe: Your XEmarket position is based on the Oct contract, that is why it has not triggered. The Sept contract is at 106.65 on my chart.


@ thread, still riding EA short, some retracement but I expect that nucca has more downward move in it. Oil now officially cleared the 61.8% level at 106.25, next up is 107.34 Both positions now 400pips in black with 250 of it banked

Fxwarrior: Alionyinye,Benpuzzy,Shootist, Pleeroma, Nolly.Make una talk o. Hmm.

natruetalk: each time i open my chart to check gbpjpy, eurjpy and oil, i just feel like small pikin wey they bought her christmas cloth keep in the wardrobe as she they open the wardrobe see the cloth so as she go they smile and happy.
there is big money to be make on those pair off course on the downward side

rozayx5: raking pips in the plate

shop closed for the day
too bad i left gold too early

naijababe: Oil traders, y'all remember this post? On oil, never forget the weekly trendlines, it works like magic.

EU& EA thank God, I see 1.4xxx on EU and 1.44xx on EA, now just riding all three positions

onlineresource: yes... My network has been crazy... cant even get it to load facebook...
am currently only loading the chart on my system and my messenger...
na fone i dey use post for here...