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Nairaland Forum / PJAMES1's Profile / PJAMES1's Posts
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:56pm On Jul 25, 2019 |
PIPnator10: I have been good. Trading has been okay. Ready to go live. Definitely doing that next month or September as planned. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:49am On Jul 25, 2019 |
For those of us just starting, If you have a bad trading day or week. Relax. No one consistently publicises their Ls. Doesn't mean seasoned traders are not having their stop loss hit too. Just patiently wait for another trading opportunity according to your system. Don't hurriedly look for ways to make profits. Don't do revenge trading. If you have a good system, you will get rewarded for doing the same things if you have proper money management habits. 7 Likes 1 Share |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:43am On Jul 25, 2019 |
redsox11: Thank you. Learnt from this post. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:40am On Jul 25, 2019 |
PIPnator10: The legend is back. Welcome back boss. Looking forward to learning from your charts again 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 6:37am On Jul 25, 2019 |
femora007: Alright. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 2:11pm On Jul 22, 2019 |
femora007: CADCHF Your tp would have been filled by now I am still holding. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:27pm On Jul 18, 2019 |
I have enough reasons to think AUD will be strong medium to long term. Looking forward. I will only be holding longs on AUD from now on till further notice. Still buying NZD too. Doesn't look like the strength is over. There could be retracements here and there but to me, looks likely to continue the gains. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:17pm On Jul 18, 2019 |
alphaNomega: Yeah. Looks like an inverted head and shoulders pattern. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 2:37pm On Jul 18, 2019 |
AUDCAD Manually closed my intiital trade but I should not have. Decision time for AUDCAD. Plan is to wait for break of both horizontal and diagonal lines. Then to go to long on retest. 2 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 1:15pm On Jul 17, 2019 |
infofirst: Thanks boss. True 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 1:00pm On Jul 17, 2019 |
Mftivi: True. Wealth is patiently built over time |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 12:59pm On Jul 17, 2019 |
bojbest: You know that at the end of the day, it sometimes depend on how long you are looking to hold the positions. You know I tend to hold long term. There may be other tradeable movements which I tend to ignore. So won't be surprised if you are right. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:55am On Jul 17, 2019 |
bojbest: Been long for some time. Looking at 0.6930 But I may be wrong though. I talked about NZD showing some strength. Looked at different pairs and it looked that way. So I have only been buying NZD. That's why I have sell positions on EURNZD and GBPNZD. And a buy on NZDUSD
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:53am On Jul 17, 2019 |
bojbest: Exactly. I feel the long term pattern suits me better. It's more relaxed. I found out that I get it right more times than wrong with my long term speculations. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:50am On Jul 17, 2019 |
VeeVeeMyLuv: Thank you. We keep learning and improving. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:59am On Jul 17, 2019 |
You will take some Ls here and there But these are the kind of trades that compensate and leave you with profits. More than 800 pips in profit. More than 400 pips already locked down. And will move SL to book more soon. For learning purposes, we just starting can refer to the original post on GBPNZD for the analysis. From looking at the picture. There was a downtrend.. Then correction which formed a wedge pattern. Breakdown of the wedge pattern led to resumption of downtrend. That's what I think. 2 Likes 1 Share
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 9:18pm On Jul 16, 2019 |
bojbest: They have been falling for ages. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:47pm On Jul 16, 2019 |
PJAMES1: Stopped out. Will keep watching. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:18pm On Jul 15, 2019 |
PJAMES1: If these make any sense. AUDNZD. Wait for a decisive break of the upper trendline. AUDJPY. Inverted Head and Shoulders pattern. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:11pm On Jul 15, 2019 |
PJAMES1: Rushed an entry. May turn out good But For a conservative entry, wait for the criteria to be met. Close above the moving average already. 2 to go. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:06am On Jul 13, 2019 |
femora007: 0.7480 area? |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:10pm On Jul 12, 2019 |
femora007: |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:10pm On Jul 12, 2019 |
PJAMES1: GBPNZD. NZD still looking strong. Missed the next opportunity to sell at the 1.8980 area. Opened trade over 500pips in profit. I have moved the stop loss of the opened trade from BE to lock down 300 pips profit. Now we look to the next support. There may still be an opportunity to sell there. If things, however, change. I may have to exit with the 300pips.
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:22pm On Jul 12, 2019 |
PJAMES1: CADCHF As explained in the previous posts. I found an entry. Will that supply zone deliver again? Let us wait to see. 2 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 3:57pm On Jul 12, 2019 |
AUD poised for some significant gains against some pairs. AUD looking strong medium to long term. Charts coming before market open next week. Just my opinion. I could be wrong. |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 2:38pm On Jul 08, 2019 |
PJAMES1: Closed for over a hundred pips.. Now waiting to see if there would be a bearish price action. 2 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 1:12pm On Jul 07, 2019 |
infofirst: Thank you sir. Risk management makes the difference. One must always trade with this mind set.. 'I can be wrong with this trade' 'What would happen if all my trades go against me?' Would I still have enough to continue trading? For every trade.. One can be wrong. Managing risks is what is sustainable. 1 Like |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 9:03pm On Jul 05, 2019 |
CADCHF Watch for bearish price action at 0.7610 area. Strong Supply zone. Also looks like a triple top can form. However wait for definitive price action if it reaches that area. Went long for the present trade following the formation of a clear double bottom. 1 Like 1 Share
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:51pm On Jul 03, 2019 |
GBPCHF Demand zone.. One of the more Risky trades. As this is a blind entry. That is, I don't have a 'confirmatory' price action set up yet. Conservatively, one could wait for a break of the horizontal resistance and moving average. And then a retest to go long. RRR is favourable though. 1 Like
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:56pm On Jul 03, 2019 |
AUDCAD. I may go long on breakout from the descending channel. Entry criteria for me will be a break out of the channel, break above the moving average, and a break above horizontal resistance. All three must be present. Preferably with some form of retest and a reasonable bullish price action. 3 Likes
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Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:35pm On Jul 03, 2019 |
voraz: And looks like it will continue down. I am still holding for now |
Business / Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:33pm On Jul 03, 2019 |
mrikay: I have not forgotten. Will talk about the strategy. Waiting to close my present trades. My trades take a while. Want to use them as examples. 2 Likes |
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