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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (325139 Views)
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Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 3:20pm On May 07, 2021 |
Theyoungmaster: The drop is complete. You saw it here first. Price action is the King. Fundamentals(NFP) in this case only fast-forward things. I'm expecting DXY to bounce up from around 90.39 1 Like
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Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 3:23pm On May 07, 2021 |
Theyoungmaster: If you look at the daily, It seems to have retested and might fall down more to S1 support at 90.0X price region... What a drop... FANTABULOS!!! 2 Likes
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Re: Forex Trade Alerts: Season 21 by romklef(m): 3:45pm On May 07, 2021 |
Eryyy92: I taught am the only one that notice it 1 Like |
Re: Forex Trade Alerts: Season 21 by alphaNomega: 3:45pm On May 07, 2021 |
ILovebigyansh: Let me not say " I told you so " alphaNomega: 1 Like |
Re: Forex Trade Alerts: Season 21 by romklef(m): 3:46pm On May 07, 2021 |
Trading nfp is cool but only when you're in profit 1 Like |
Re: Forex Trade Alerts: Season 21 by IMAliyu(m): 4:49pm On May 07, 2021 |
I failed to update my last post. My long on Gold My first trend line was broken, but the horizontal support held. 1 Like
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Re: Forex Trade Alerts: Season 21 by Nobody: 4:51pm On May 07, 2021 |
alphaNomega: @Kaesyrn 1 Like |
Re: Forex Trade Alerts: Season 21 by harizonal123(m): 5:50pm On May 07, 2021 |
Very turbulent and volatile week. Thursday and Friday took back most of my profit 1 Like |
Re: Forex Trade Alerts: Season 21 by djwalata(m): 6:19pm On May 07, 2021 |
harizonal123:U would've profited from today's movement if ur strategy works because all indicators pointed at weak usd days back. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Nobody: 7:34pm On May 07, 2021 |
The top 6 in this contest are taking this personal. Make una relax. 1 Like |
Re: Forex Trade Alerts: Season 21 by romklef(m): 7:47pm On May 07, 2021 |
ILovebigyansh: ILovebigyansh: Abi na 1 Like |
Re: Forex Trade Alerts: Season 21 by romklef(m): 7:48pm On May 07, 2021 |
This contest is getting more interesting 2 Likes |
Re: Forex Trade Alerts: Season 21 by bigbasho: 8:00pm On May 07, 2021 |
May be spread widening. It tiggers SL buy stop and sell stop but not take profit... This happened last night during spreaad widening... I never see this kind one o. Rich4god: 1 Like
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Re: Forex Trade Alerts: Season 21 by charly20(m): 8:30pm On May 07, 2021 |
What a week... After holding for 3 solid days , EU paid off. I've learnt in the last couple of months that it's not healthy for me to have a lot on my watchlist... The lesser pairs I have, the more focused I am. The road is getting clearer tho. Please who has a clear analysis on GJ?... The lady is Soo choppy and indecisive... She "punished" me this week after a long hold I shall take my decision on AUDCAD next week.. enjoy your weekend y'all! 4 Likes |
Re: Forex Trade Alerts: Season 21 by charly20(m): 8:30pm On May 07, 2021 |
What a week... After holding for 3 solid days , EU paid off. I've learnt in the last couple of months that it's not healthy for me to have a lot on my watchlist... The lesser pairs I have, the more focused I am. The road is getting clearer tho. Please who has a clear analysis on GJ?... The lady has been so choppy and indecisive... She "punished" me this week after a long hold I shall take my decision on AUDCAD next week.. enjoy your weekend y'all! 2 Likes |
Re: Forex Trade Alerts: Season 21 by blackman007: 8:37pm On May 07, 2021 |
I can’t wait for the weekend gists..... yay, so what’s your one of the trading rules you go by? Mine is never widen your predetermined stop loss, what’s yours?? 1 Like |
Re: Forex Trade Alerts: Season 21 by shina101(m): 9:20pm On May 07, 2021 |
Hello guys, I have been practicing on demo for a while, I'll like to know which broker has very tight spread and fast withdrawal. Thanks |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:24pm On May 07, 2021 |
charly20: In my 6 years of trading & 2 years of reaching profitability status i have learnt the less complicated yout trading system or style is ..the better for you. I still remember the flash crash of jan 15 2015. That made me start a journey to understand fundamentals i had a lot of CHF pairs on my watchlist had 3 positions running, the loss i acquired that day made me think about life. 3 Likes |
Re: Forex Trade Alerts: Season 21 by charly20(m): 10:30pm On May 07, 2021 |
ILovebigyansh: Very true. Seen some of those myself in this my short period of trading 1 Like |
Re: Forex Trade Alerts: Season 21 by Nobody: 10:50pm On May 07, 2021 |
blackman007: 1 Like |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 11:41pm On May 07, 2021 |
GabsonFX: Boss, could you please share one or two with us? 2 Likes |
Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 6:55am On May 08, 2021 |
ILovebigyansh:I don't feel like saying much but my little response is Viz... Admittedly, his statement was tentative in the most sense... Everyone has their own bias, at least when voicing out your opinion give an underbase upon which your opinion stands and he failed to do so and now coming back to say "I TOLD YOU SO" That's bs... In trading' I closely follow the Dollar and GBP index, people in stocks were selling off GBP and DXY was weak as well due to forecast coming out negative this past week... So the essence is when fundamentals fails you look at technical and ditto... Technically GBPUSD was forming an ascending triangle on the H1 so the buy makes complete sense when you look at it... Fundamentally, it was on a decline but closed on a high this week due to positive news from BoE... Omo nor be me too know pass sha, I still be smallie for this Forex market... Make people wey senior us and get experience dey carry us along abeg 3 Likes
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Re: Forex Trade Alerts: Season 21 by blackman007: 8:25am On May 08, 2021 |
****weekend gist continues, let’s learn from each other, what’s the trading rule you live by? |
Re: Forex Trade Alerts: Season 21 by djwalata(m): 9:30am On May 08, 2021 |
charly20:It depends on what d price action does on this resistance, though d daily trend is up but a confirmation is still needed. 1 Like
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Re: Forex Trade Alerts: Season 21 by iLegendd(m): 9:31am On May 08, 2021 |
charly20: Key! 2 Likes |
Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 9:32am On May 08, 2021 |
blackman007: Make sure you have a well tested and solid strategy in place especially in area of risk management. This can be summarize as thus: 1. Risk not more than 0.5% (1% max) on any single trade(50pips) 2. Focus more on signal from 4h to daily time frame for solid setup ( occasional H1 chart) and look only at the lower time frame(<H1 less than) only just for optimal entry 3. Always wait for high probability setup of your trading strategy... Don't rush to pick anyhow trade. Remember you must choose your battle wisely. 4. Capitalize on your high probability trade with Max lot size and ride it to the fullest (caution don't be too greedy) 5. Patience Patience and Patience Cc. BrightFuture48 8 Likes |
Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 9:33am On May 08, 2021 |
2 Likes |
Re: Forex Trade Alerts: Season 21 by blackman007: 9:39am On May 08, 2021 |
Kaesyrn: I comot cap for you boss mi.... words well crafted.. 1 Like |
Re: Forex Trade Alerts: Season 21 by Nobody: 11:09am On May 08, 2021 |
Pardon me if I'm harsh this time, this gets me mad all the time Never! Ever!! Ever!!! Follow those that advise compounding in this business. A lot of bad behavior in this business. It gets me crazy when I see those fascinating calculations and expectations and goals on profits expectation, these are all mirage. They tell you that my challenge is to turn $1K to $10K in 12months...I have always fought against this even from my past posts, especially during the time I hosted contests....I used the word - RUN. Again, when you see this, just block that person & run away from them. I REPEAT! IGNORE THAT PASSION TO COMPOUND! You will blow that account in dew time. I come in peace. 7 Likes |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 11:23am On May 08, 2021 |
GabsonFX: Thank you, boss. 2 Likes |
Re: Forex Trade Alerts: Season 21 by blackman007: 11:36am On May 08, 2021 |
GabsonFX: Yes boss, but in your opinion sir, what do you think it’s the best way to grow a small account?? What tips or advice can you give?? 2 Likes |
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 11:39am On May 08, 2021 |
GabsonFX: Compounding isn't easy o; just get enough capital and trade with small lot size; then, your longevity in this business is 50% assured. 2 Likes |
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