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Forex Trade Alerts: Season 21 - Business (151) - Nairaland

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Re: Forex Trade Alerts: Season 21 by Nobody: 6:01pm On Jun 05, 2021
Sapiosexuality:
I want to learn Forex. How do I start? Is it worth it? Am I guaranteed a certain percentage return daily if I stick to a particular routine? Thanks guys.

Babypips.commm
Re: Forex Trade Alerts: Season 21 by Sapiosexuality(m): 6:21pm On Jun 05, 2021
NetValueFX:


Babypips.commm
Thanks.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 9:27am On Jun 06, 2021
Theyoungmaster:
Please who knows any broker that offers a beginner friendly, spread healthy cent account to nigerian based traders?


I've narrowed my choices to Hotforex, Fbs and OctaFX. OctaFX has already verified the documents I submitted. Still waiting for response from the other two.
A $abcd deposit into a cent account reflects as $abcd00 balance. How will the same deposit reflect on micro account?
Of these 3, only Fbs offers cent account. The rest offer micro account. Is there any difference between micro and cent account?

Fbs offers 100% bonus while OctaFX offers 50% bonus. Are these bonuses tradable? Any hidden catch I need to be aware of? I couldn't find much info on the bonus requirements online.


Please any information I can get on these 3 will be very much appreciated. Especially from those who have traded a real account with them. I demo traded with OctaFX for months, they're cool but I feel there might be some gray areas that live traders might have noticed.

Please treat as urgent. I need to set up the account and deposit asap. I fear inflation is about to bite the naira in the coming weeks. Wouldn't want to deposit at a rate way higher than the current.
Thanks in anticipation.


@Hrhdhis, from the previous season, you were with OctaFX. Still with them? How's the experience?
Re: Forex Trade Alerts: Season 21 by Thunday1005(m): 10:14am On Jun 06, 2021
Theyoungmaster:



I've narrowed my choices to Hotforex, Fbs and OctaFX. OctaFX has already verified the documents I submitted. Still waiting for response from the other two.
A $abcd deposit into a cent account reflects as $abcd00 balance. How will the same deposit reflect on micro account?
Of these 3, only Fbs offers cent account. The rest offer micro account. Is there any difference between micro and cent account?

Fbs offers 100% bonus while OctaFX offers 50% bonus. Are these bonuses tradable? Any hidden catch I need to be aware of? I couldn't find much info on the bonus requirements online.


Please any information I can get on these 3 will be very much appreciated. Especially from those who have traded a real account with them. I demo traded with OctaFX for months, they're cool but I feel there might be some gray areas that live traders might have noticed.

Please treat as urgent. I need to set up the account and deposit asap. I fear inflation is about to bite the naira in the coming weeks. Wouldn't want to deposit at a rate way higher than the current.
Thanks in anticipation.


@Hrhdhis, from the previous season, you were with OctaFX. Still with them? How's the experience?
Have use octa fx before the reason I stop using them is because their price quote is different from hotforex, I don't like using my running trade accounts for analysis, so I stop using it n switch to hugosway for analysis , then hotforex for taking trade.

For the bonus , it better to trade without bonus because most bonus terms n conditions are terms that are really challenging, for example accumulating a specific lot size before withdraw. Bonus account does not worth that stress, fund your account without bonus and enjoy your trading without any terms and conditions.

1 Like

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:34am On Jun 06, 2021
Theyoungmaster:



I've narrowed my choices to Hotforex, Fbs and OctaFX. OctaFX has already verified the documents I submitted. Still waiting for response from the other two.
A $abcd deposit into a cent account reflects as $abcd00 balance. How will the same deposit reflect on micro account?
Of these 3, only Fbs offers cent account. The rest offer micro account. Is there any difference between micro and cent account?

Fbs offers 100% bonus while OctaFX offers 50% bonus. Are these bonuses tradable? Any hidden catch I need to be aware of? I couldn't find much info on the bonus requirements online.


Please any information I can get on these 3 will be very much appreciated. Especially from those who have traded a real account with them. I demo traded with OctaFX for months, they're cool but I feel there might be some gray areas that live traders might have noticed.

Please treat as urgent. I need to set up the account and deposit asap. I fear inflation is about to bite the naira in the coming weeks. Wouldn't want to deposit at a rate way higher than the current.
Thanks in anticipation.


@Hrhdhis, from the previous season, you were with OctaFX. Still with them? How's the experience?

Xm offers micro account, and 50% bonus without restrictions to withdrawal.

Their micro account doesn't change ur balance, a $50 deposit will reflect as $50 but the lot size differs such that a 1.0 lot in a micro account is like 0.01
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:45pm On Jun 06, 2021
Thunday1005:

Have use octa fx before the reason I stop using them is because their price quote is different from hotforex, I don't like using my running trade accounts for analysis, so I stop using it n switch to hugosway for analysis , then hotforex for taking trade.

For the bonus , it better to trade without bonus because most bonus terms n conditions are terms that are really challenging, for example accumulating a specific lot size before withdraw. Bonus account does not worth that stress, fund your account without bonus and enjoy your trading without any terms and conditions.


I would have loved to use Hf but they declined the documents I submitted for verification. Will try again with different documents though.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:45pm On Jun 06, 2021
Donvic4u:


Xm offers micro account, and 50% bonus without restrictions to withdrawal.

Their micro account doesn't change ur balance, a $50 deposit will reflect as $50 but the lot size differs such that a 1.0 lot in a micro account is like 0.01


I'm just hearing about Xm now sha. Will surf for more info.
Thanks for your contribution.
Re: Forex Trade Alerts: Season 21 by Nobody: 10:42pm On Jun 06, 2021
As previously mentioned, I still can't find any good entry on gold since last week Tuesday till say Wednesday-Friday this new week.

Same for GJ since last Tuesday which I stayed away from, now watching GJ closely by the close of today, a close below the top blue price is short; I would, however, wait for a close below the bottom blue price, I will short this and set SL as indicated.

If no close below those lines, I will abandon it and watch again tomorrow.

5 Likes

Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 11:28pm On Jun 06, 2021
Sell GJ 15511 SL 15520 TP 15390
Sell gold 1889 SL 1894 TP 1870
Re: Forex Trade Alerts: Season 21 by BogusMini: 12:04am On Jun 07, 2021
SELL
GBPCAD 1.7102 SL 1.7172 TP 1.7025
GBPCHF 1.2735 SL 1.2788. TP 1.2690
AUDCAD 0.9351 SL 0.9385. TP 0.9265
AUDCHF 0.6962 SL 0.6981 TP 0.6912
AUDUSD 0.7740. SL 0.7770 TP 0.7650
GBPUSD 1.4160 SL 1.4208 TP 1.4090


BUY
EURGBP 0.8593 SL 0.8557 TP 0.8641
EURAUD 1.5718 SL 1.5666 TP 1.5833


Wonderful week for us all.

1 Like 1 Share

Re: Forex Trade Alerts: Season 21 by BogusMini: 12:06am On Jun 07, 2021
BogusMini:
SELL
GBPCAD 1.7102 SL 1.7172 TP 1.7025
GBPCHF 1.2735 SL 1.2788. TP 1.2690
AUDCAD 0.9351 SL 0.9385. TP 0.9265
AUDCHF 0.6962 SL 0.6981 TP 0.6912
AUDUSD 0.7740. SL 0.7770 TP 0.7650
GBPUSD 1.4160 SL 1.4208 TP 1.4090


BUY
EURGBP 0.8593 SL 0.8557 TP 0.8641
EURAUD 1.5718 SL 1.5666 TP 1.5833


Wonderful week for us all.

Not to be followed without personal due analysis.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 6:52am On Jun 07, 2021
BogusMini:


Not to be followed without personal due analysis.
Elliotwaveforec:
Sell GJ 15511 SL 15520 TP 15390
Sell gold 1889 SL 1894 TP 1870


I'd rather y'all drop charts instead of this. This doesn't help anybody grow profitably in the long run.


I come in peace.

2 Likes

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 6:54am On Jun 07, 2021
My DXY road map for the week.

1 Like

Re: Forex Trade Alerts: Season 21 by Thunday1005(m): 7:33am On Jun 07, 2021
Maybe the document are not clear enough
Theyoungmaster:



I would have loved to use Hf but they declined the documents I submitted for verification. Will try again with different documents though.
Re: Forex Trade Alerts: Season 21 by jammer777: 7:41am On Jun 07, 2021
Thunday1005:
Maybe the document are not clear enough

Which document please?
Re: Forex Trade Alerts: Season 21 by ogashman(m): 10:56am On Jun 07, 2021
I think gj is ready for at least 100 pips sell after retest of the broken support

2 Likes

Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 1:58pm On Jun 07, 2021
Sell AU 7760 SL 7778 TP 7600
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 4:44pm On Jun 07, 2021
ogashman:
I think gj is ready for at least 100 pips sell after retest of the broken support

Look closely and re- evaluate, it may just continue upside
Re: Forex Trade Alerts: Season 21 by Thunday1005(m): 5:51pm On Jun 07, 2021
jammer777:


Which document please?
The documents for verification
Re: Forex Trade Alerts: Season 21 by Nobody: 7:34pm On Jun 07, 2021
Theyoungmaster:



I've narrowed my choices to Hotforex, Fbs and OctaFX. OctaFX has already verified the documents I submitted. Still waiting for response from the other two.
A $abcd deposit into a cent account reflects as $abcd00 balance. How will the same deposit reflect on micro account?
Of these 3, only Fbs offers cent account. The rest offer micro account. Is there any difference between micro and cent account?

Fbs offers 100% bonus while OctaFX offers 50% bonus. Are these bonuses tradable? Any hidden catch I need to be aware of? I couldn't find much info on the bonus requirements online.


Please any information I can get on these 3 will be very much appreciated. Especially from those who have traded a real account with them. I demo traded with OctaFX for months, they're cool but I feel there might be some gray areas that live traders might have noticed.

Please treat as urgent. I need to set up the account and deposit asap. I fear inflation is about to bite the naira in the coming weeks. Wouldn't want to deposit at a rate way higher than the current.
Thanks in anticipation.


@Hrhdhis, from the previous season, you were with OctaFX. Still with them? How's the experience?
Avoid anything bonus. Please I take God beg you.

1 Like

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 8:13pm On Jun 07, 2021
Xauusd buystop @ 1900

Deleted
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 8:26pm On Jun 07, 2021
I should expect price to get between 1903 and 1905 before crashing down tomorrow.

It looks like tomorrow would be bearish for gold.
Re: Forex Trade Alerts: Season 21 by Nobody: 8:47pm On Jun 07, 2021
NetValueFX:

Avoid anything bonus. Please I take God beg you.
not bad outrightly, the terms and conditions is what should be looked at before proceeding with the bonus
Re: Forex Trade Alerts: Season 21 by ogashman(m): 8:52pm On Jun 07, 2021
Donvic4u:


Look closely and re- evaluate, it may just continue upside

The lesson I learnt last week was to stick to my gun no matter what, in so far I have taken a calculated risk.

I have my SL in place.... I did prefer it gets hit than to change bias
Re: Forex Trade Alerts: Season 21 by Nobody: 9:24pm On Jun 07, 2021
UPDATE: GJ and Gold: Today's close
Still no good entry for gold, I will continue to abandon it till say Wednesday close
Also for GJ, the bolded below is playing out on today's close (see attached)....I will again abandon it and check again at tomorrow's close.

LESSON HERE IS: Check gold and GJ since last week Tuesday on the D1 TF, that will be about 5 candles backward and see how price has moved within them, it would not have been profitable (swingers) to have entered those pairs as the price would have trapped you in a range. Getting trapped in a range is the easiest way to lost money and blow an account.

THE PSYCHOLOGY HERE IS: Stick to your gun, the market will tempt you, the chart will tempt you, forum noise will tempt you; but you should ONLY wait for your time, wait only for when your entry says YES and no more even if it will take days.

Finally, it's more profitable to avoid a trade than to lose it, so why the rush?


GabsonFX:
As previously mentioned, I still can't find any good entry on gold since last week Tuesday till say Wednesday-Friday this new week.

Same for GJ since last Tuesday which I stayed away from, now watching GJ closely by the close of today, a close below the top blue price is short; I would, however, wait for a close below the bottom blue price, I will short this and set SL as indicated.

If no close below those lines, I will abandon it and watch again tomorrow.

5 Likes

Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 10:36pm On Jun 07, 2021
ogashman:


The lesson I learnt last week was to stick to my gun no matter what, in so far I have taken a calculated risk.

I have my SL in place.... I did prefer it gets hit than to change bias

cheesy
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 11:07pm On Jun 07, 2021
GJ may drop to 150.70

2 Likes

Re: Forex Trade Alerts: Season 21 by ogashman(m): 11:46pm On Jun 07, 2021
haryodehjia:


cheesy

Baba reply my mail abeg
Re: Forex Trade Alerts: Season 21 by LoverOfEvil: 2:54am On Jun 08, 2021
$500 worth of bitcoin needed


message me on whatsapp +23407011508683
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 4:45am On Jun 08, 2021
Fxwarrior:
I should expect price to get between 1903 and 1905 before crashing down tomorrow.

It looks like tomorrow would be bearish for gold.

Sell gold now at 1897

Stoploss @ 1902

Target 1870

1 Like

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 5:18am On Jun 08, 2021
Fxwarrior:


Sell gold now at 1897

Stoploss @ 1902

Target 1870

Another position @ sellstop 1895
Stoploss 1900
Target 1870

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 5:53am On Jun 08, 2021
ItzProspero:
not bad outrightly, the terms and conditions is what should be looked at before proceeding with the bonus
Most brokers are not sincere about bonuses most times. And when they cage your money like that it messes up one's psychology.

1 Like

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