Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,601 members, 7,812,969 topics. Date: Tuesday, 30 April 2024 at 12:19 AM

Forex Trade Alerts: Season 21 - Business (69) - Nairaland

Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (321954 Views)

Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 20 (2) (3) (4)

(1) (2) (3) ... (66) (67) (68) (69) (70) (71) (72) ... (443) (Go Down)

Re: Forex Trade Alerts: Season 21 by mrpassionate(m): 4:44pm On Mar 29, 2021
In my Trades, I don't do BE. It's either a SL and then straight to Securing some Profits.

I don't understand why I will be in 30Pips Profits floating and I will be moving my Stop to BE.

If u gets taken out with little profits and market do that in 100 of your Trades , well u already what I am about to say.

I'm securing the profits at least in my type, and BE just don't make sense.

Speaking on Re-entrying the Trades, that will be considered if the Low/High of the Support/Resistance of where I entered are not broken and CLOSED below, if that happens you might just be witnessing a new direction to start.


blackman007:
My bosses and colleagues in the house, I have a question, what if you move your stops to break even, price hits yobreak-even even ancontinuesue in your direction will you jump in again or let go of the trade?? I need as many answers, inputs, and ideas as possible.....

2 Likes

Re: Forex Trade Alerts: Season 21 by princeso2020(m): 6:01pm On Mar 29, 2021
Hello folks, as a beginner look for this indicator "Daily Movement" the indicator calculate the last 7 days price volatility of any currency pair and point to you the best days pips moves the most. Remember it is just prediction. Daily movement indicator has really being of a very good help to me because i now know the days to trade and the pairs to concentrate on. look for it yourself.

Re: Forex Trade Alerts: Season 21 by Abambam: 6:03pm On Mar 29, 2021
Abambam:
Gbpcad
Going to breakeven soon, would like to see retest and failure.

Re: Forex Trade Alerts: Season 21 by charly20(m): 6:13pm On Mar 29, 2021
Please o bosses in the room, how do you manage your positions when stuck in a range for more than 1 day?

Being stuck is equally as frustrating plus swap rates
Re: Forex Trade Alerts: Season 21 by princeso2020(m): 6:15pm On Mar 29, 2021
i spotted divergence in GBPCHF 4H, selling the pair would be ideal.

may the pips be with you

Re: Forex Trade Alerts: Season 21 by princeso2020(m): 6:27pm On Mar 29, 2021
[quote author=charly20 post=100314219]Please o bosses in the room, how do you manage your positions when stuck in a range for more than 1 day?

Being stuck is equally as frustrating plus swap rates[

the best thing to do, is to close your position if you do not know what next to do. that is, if you are not sure which direction the trend will go to. personally, myself i do not trade a ranging market. i would step aside waiting for the direction the market will head to up or down. if you are not sure exit the trade, there are good trades to take daily.

May the pips be with you.
Re: Forex Trade Alerts: Season 21 by infofirst(m): 6:36pm On Mar 29, 2021
charly20:
Please o bosses in the room, how do you manage your positions when stuck in a range for more than 1 day?

Being stuck is equally as frustrating plus swap rates

Close the trade or endure the frustration.
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 6:47pm On Mar 29, 2021
GBPNZD update:
I was suppose to share this chart last week but I forgot... Captured on 23rd of march 2021
After we broke out of the descending wedge on Wtf b Dtf, D chart was forming a ascending triangle which is my main focus...
At fib38% there's also a previous resistance at that level which made set a entry for short position with tp at either fib38 and fib61.8..
But the break of the ascending triangle is imminent..
Still will prefer to be bullish after taking out either fib38 or fib61.8, preferably fib61.8% which corresponds with the support level

Re: Forex Trade Alerts: Season 21 by charly20(m): 7:04pm On Mar 29, 2021
[quote author=princeso2020 post=100314540][/quote]



Thank you very much boss.. I hold a bullish bias but the market has taken longer than 'expected' to proceed hence the 'trap'. I guess I'll have to sit out and watch
Re: Forex Trade Alerts: Season 21 by charly20(m): 7:06pm On Mar 29, 2021
infofirst:


Close the trade or endure the frustration.


Ok...Thanks
Re: Forex Trade Alerts: Season 21 by Nobody: 7:55pm On Mar 29, 2021
charly20:
Please o bosses in the room, how do you manage your positions when stuck in a range for more than 1 day?

Being stuck is equally as frustrating plus swap rates
Trade what works for you. Don't be distracted by the ranging market. My strategy could pay me by midweek, while sometimes it take even two weeks.
Re: Forex Trade Alerts: Season 21 by Nobody: 7:58pm On Mar 29, 2021
princeso2020:
i spotted divergence in GBPCHF 4H, selling the pair would be ideal.

may the pips be with you
My brother na express you dey go so. Me I no see any divergence there. CHF pairs are losing against other pairs right now.
Re: Forex Trade Alerts: Season 21 by Nobody: 8:00pm On Mar 29, 2021
princeso2020:
Hello folks, as a beginner look for this indicator "Daily Movement" the indicator calculate the last 7 days price volatility of any currency pair and point to you the best days pips moves the most. Remember it is just prediction. Daily movement indicator has really being of a very good help to me because i now know the days to trade and the pairs to concentrate on. look for it yourself.
It's old knowledge that market moves most midweek.
Re: Forex Trade Alerts: Season 21 by Nobody: 8:02pm On Mar 29, 2021
princeso2020:
Hello folks, i spotted divergence in GBPJPY and GBPNZD 1H respectively. selling the pairs would be ideal.

May the pips be with you.

Good luck. Me I am buying GPBJPY. I don't trade H1 though, I am on H4 meaning we are seeing different things
Re: Forex Trade Alerts: Season 21 by Nobody: 8:06pm On Mar 29, 2021
EMA and Fractals holds the magic key. Keep looking for it there. I don talk finish
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 8:25pm On Mar 29, 2021
NetValueFX:
EMA and Fractals holds the magic key. Keep looking for it there. I don talk finish

Teach us how to use fractals
Re: Forex Trade Alerts: Season 21 by Nobody: 9:39pm On Mar 29, 2021
Donvic4u:


Teach us how to use fractals
Go to youtube and watch videos about EMA and fractals
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:07pm On Mar 29, 2021
NetValueFX:

Go to youtube and watch videos about EMA and fractals

FYM
Re: Forex Trade Alerts: Season 21 by Abambam: 11:44pm On Mar 29, 2021
NetValueFX:
Go to youtube and watch videos about EMA and fractals
Donvic4u:
For your small mind
Donvic4u rude much ? How many times have you explained your own trading system? or what gives you the right to always want to be at the receiving end, why can't you be the one giving too. Shaking my head.

2 Likes

Re: Forex Trade Alerts: Season 21 by starrypholey: 11:46pm On Mar 29, 2021
haryodehjia:
Practice make perfect...
All my post playing out fine

I wanna learn �
Re: Forex Trade Alerts: Season 21 by infofirst(m): 12:21am On Mar 30, 2021
infofirst:
Kudos to everyone participating or following. I strongly want to believe we are all learning one thing or the other. Immediately we receive a mail that the contest ended, kindly sync your account for the result to be updated within one hour. I have learnt so much as well and @Aluspeciality did a great job and that confirm the fact in forex trading that the slow and steady remains the best. He traded with the best risk management and still lead and if you do not make top 3, you will get a good reward for trading that responsibly. Those are what I am looking forward to in the next contest.

@Mrbillionaire, I hope you have understood what is making the system to disqualify you
@Eddle and @Satine did not place a single trade and still ranks good meaning not taking a trade is far better than taking risky trades.
@Prosperotrading, I hope your confidence level will improve and be stable as we march to the main contest.


The next contest will run for a month but the first three Fridays, I will reward the top 3 for each week with at least $15, $10 and $5 each and this is different from the prize at the end of the month.

@ALL that were disqualified, I hope you do something different to ensure you get a different and better outcomes.
Good job we are all doing for making the contest a healthy one. I will contest responsibly and much better next month as well.


I wish us all the best.


Note: Rules are part of the contest. No excuse whatsoever.

1 Like

Re: Forex Trade Alerts: Season 21 by infofirst(m): 2:00am On Mar 30, 2021
The table as it stands. Contest will end Mid today so as to allow tomorrow for rest and next contest to start by April 1.
The Link is out already https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1246&rx=1615554740073

1 Like 1 Share

Re: Forex Trade Alerts: Season 21 by infofirst(m): 2:11am On Mar 30, 2021
After reviewing accounts of top competitors, If table ends this way later today
Prizes will go as follows

@Aluspeciality $100
@don_sheddy $60
@qpetz0 $40.


@theyoungmasteriv and @charly20 will get consolatory prizes for data if they ended in the + at end of contest. Prize winners should DM after 2pm today for PRIZES. CONGRATULATIONS IN ADVANCE.
On Account management, the tentative 1st & 2nd position DD is too high to allow them qualify for that and the 3rd position has a decent DD but did not trade enough to give room for assessment.

Hopefully, next month will bring much better performance.

4 Likes 2 Shares

Re: Forex Trade Alerts: Season 21 by infofirst(m): 2:18am On Mar 30, 2021
What I observed in the contest is that most traders are not discipline and do not try to understand the rules. In the coming contest, Prizes at end of competition remains as for March but the weekly prizes will depend on my view of how the contest goes. It might happen and it might not. All depends.
All the best to us all.

infofirst:
I strongly hope in the next contest, contestants will be more prudent with their risk management, In this contest, risk management matters as much as the profits. Most contestants are having DD too high even thou 20% is the benchmark. One will expect your DD not to go below 10% . It is contest but remember it is not like other regular contest where luck determines the winner. This is aimed at bringing the best in us and supporting us with some real funds to trade.
Great job we are all doing even to those that have been disqualified and I want to believe we will have a better and improve contest in April God willing.
Special mention to @Harizonal123 @Charly20 @piptocoin21 @akinnairaland, @skanas @copyjose for maintaining DD less than 10%
if you guys I mentioned wants for today, you can reach out to me to get some token for data after we finalize the top 3 for this second weekend by 2pm.

@theyoungmaster, you need to work your way to the top 3 to get the rewards. I exempt you because your DD is high
@candlesticks is exempted too because he started the contest this week.


2 Likes 2 Shares

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 4:09am On Mar 30, 2021
High Value Alert

Gold sellstop @ 1705
Stoploss @ 1715
Target 1685

1 Like

Re: Forex Trade Alerts: Season 21 by Skanas(m): 5:22am On Mar 30, 2021
.
Re: Forex Trade Alerts: Season 21 by Nobody: 5:37am On Mar 30, 2021
Abambam:
Donvic4u rude much ? How many times have you explained your own trading system? or what gives you the right to always want to be at the receiving end, why can't you be the one giving too. Shaking my head.
No mind the guy.

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 5:42am On Mar 30, 2021
Donvic4u:


For your small mind

I discovered my strategy myself after so many years of trying and failing. It took me 10years to find what works for me. My system is unique to me, I will not give it out for now until I have made so much money from it. I am talking of hundreds of thousands of USD. Eventually when I decide to give it out, it will not be for everyone.
The beauty of fx is everyone trading different things at same time, that how brokers are beaten and that's how money is made.

3 Likes

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 7:31am On Mar 30, 2021
NetValueFX:


I discovered my strategy myself after so many years of trying and failing. It took me 10years to find what works for me. My system is unique to me, I will not give it out for now until I have made so much money from it. I am talking of hundreds of thousands of USD. Eventually when I decide to give it out, it will not be for everyone.
The beauty of fx is everyone trading different things at same time, that how brokers are beaten and that's how money is made.

Horizontal support and resistance plus divergence
Re: Forex Trade Alerts: Season 21 by princeso2020(m): 7:37am On Mar 30, 2021
Good luck. Me I am buying GPBJPY. I don't trade H1 though, I am on H4 meaning we are seeing different things


As at yesterday price has moved down about 33pips in GBPJPY from the point i entered the trade and in GBPNZD 1H price has gone down about 95pips from my point of entry. 95pips + 33 pips = 128pips. what do you say.

may the pips be with you
Re: Forex Trade Alerts: Season 21 by Donsheddy: 7:38am On Mar 30, 2021
how una take dey get all this strategies self....
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 7:52am On Mar 30, 2021
Theyoungmaster:
Gold set up.

Bias: sell
Duration; Next week.
Reasons;
Rising wedge.
Lower highs on 1hr, 4hr and Monthly Tf.
Price is under 23.6 fib level drawn from the Jan 5th to March 8th drop on daily timeframe.
Entry; A sell limit around 1753 and a sell stop around 1720.
Exit; 1679.

Manage your risk
appropriately.


Gold going as envisaged.
1670 is clearly in view

(1) (2) (3) ... (66) (67) (68) (69) (70) (71) (72) ... (443)

Nigeria's Top 50 Richest Billionaires / Forex Trade Alerts Season 17 / Forex Trade Alerts: Season 19

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 42
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.