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Forex Trade Alerts: Season 21 - Business (230) - Nairaland

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Re: Forex Trade Alerts: Season 21 by surely22: 7:48pm On Aug 14, 2021
Donvic4u:


Hmmm...

Me n u agree again...lol
AUDNZD has been deleted from my pairs..

Same with EURCHF

Lmfao.
Stupid pair due to its numerous Spikes .
Annoying thing.
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 8:11pm On Aug 14, 2021
CopyJoe:


GU, GJ, and AU - sell.

Gold - Buy.

Are u anticipating GBP weakness or USD strength?
Re: Forex Trade Alerts: Season 21 by Crixxx: 8:25pm On Aug 14, 2021
Seems not many people here trade EURUSD.
I noticed this. Is there a reason for this?
Re: Forex Trade Alerts: Season 21 by abham: 8:42pm On Aug 14, 2021
baba come tutor me on setups and technical analysis. grin Nice profits there hehe.

CopyJoe:


GJ, GU, AU, UCAD and Gold.

Gold respects structure. It's just that it's volatile.

If one can trade it well, it is highly profitable and you won't need to trade much in a month.

Trade history.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 8:45pm On Aug 14, 2021
Donvic4u:


Are u anticipating GBP weakness or USD strength?

GBP and USD weakness.

AU trade depends on what the market says in line with my zone/ area of interest.

3 Likes

Re: Forex Trade Alerts: Season 21 by charly20(m): 9:16pm On Aug 14, 2021
CopyJoe:


USD weakness.

AU trade depends on what the market says in line with my zone/ area of interest.


I'm equally expecting gbp weakness from the news on Wednesday. I'll draw up my chart tomorrow, I no get strength today grin...

This week may see GBPJPY fall towards 150

3 Likes

Re: Forex Trade Alerts: Season 21 by charly20(m): 10:19pm On Aug 14, 2021
But wait o, where is Mr. Infofirst? , I've missed his posts
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 10:19pm On Aug 14, 2021
CopyJoe:


I concur.

I have reduced my trading pairs to 3.

GJ, GU and Gold.

Less is MORE.

Take gold out if u want to be more successful.. Most of d loss is incurred by gold
Re: Forex Trade Alerts: Season 21 by samfelly: 11:51pm On Aug 14, 2021
Feshizzy:
I use trust, i don't trade it, just store them and use it as means of payment and exchange

just keep your recovery key very very safe oo, its like an isolated wallet, no username or password....

NetValueFX:
I use coinomi.

I added BIP 39 phrase to it so that even if someone gets hold of my recovery phrase, they would recover my wallet but with zero funds inside. My BIP 39 phrase is written no where but my brain. And its something I can never forget.

Acknowledged. E seun pu po
Re: Forex Trade Alerts: Season 21 by samfelly: 12:19am On Aug 15, 2021
NetValueFX:
Yes oo, Billy can do it. Truthfully the problem most traders have is not investing enough time to their demo practice. I am a fan of manually testing strategies. Automatic Back testing comes with no emotions which is usually there in live trade. It doesn't come with indecisions that comes with live trading.

Actually, I fell into that category (bolded). I can relate.
Re: Forex Trade Alerts: Season 21 by Nobody: 5:37am On Aug 15, 2021
haryodehjia:

Take gold out if u want to be more successful.. Most of d loss is incurred by gold
My thought exactly.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 8:24am On Aug 15, 2021
NetValueFX:

My thought exactly.

Okay. Done.

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 8:47am On Aug 15, 2021
Tell me your personal reasons which you have derived from your personal experience of gold trading why you have gold removed from your list of trading pairs.

CopyJoe:


Okay. Done.

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 8:50am On Aug 15, 2021
GabsonFX:
Tell me your personal reasons which you have derived from your personal experience of gold trading why you have gold removed from your list of trading pairs.


I was considering my equity boss.

But since you are a voice I follow in this space.

I have added it back.

My personal experience will tell me whether to trade it or not.

Thank you, boss.

3 Likes

Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 10:15am On Aug 15, 2021
CopyJoe:


I was considering my equity boss.

But since you are a voice I follow in this space.

I have added it back.

My personal experience will tell me whether to trade it or not.

Thank you, boss.

If you base your decision on what people say rather than your extensive strategy,
Then you are not ready yet.
cheesy cheesy cheesy
If you are still demoing, then just create a separate account for gold and continue to explore your strategy.

4 Likes

Re: Forex Trade Alerts: Season 21 by romklef(m): 11:35am On Aug 15, 2021
Good day traders!!! cool


Wish everyone a profitable week ahead smiley
Re: Forex Trade Alerts: Season 21 by charly20(m): 11:56am On Aug 15, 2021
grin @copyjoe, you seem so indecisive. If you really love gold, you'd take your time to study her. She may bite a couple of times (give you losses) but eventually you'd tame her before trading a live account.

Because of how volatile she is is the reason I personally decided to stop placing pending orders but to monitor price at my POI and act accordingly. You should checkout what works for you too. Same goes for my interest in USTECH(nas100)

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 12:21pm On Aug 15, 2021
Advice noted with thanks.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 12:33pm On Aug 15, 2021
Let's have a pipful week.

Don't forget risk management is key.
Re: Forex Trade Alerts: Season 21 by charly20(m): 12:43pm On Aug 15, 2021
So there's big news coming midweek for GBP and USD on Tuesday. I don't know how much it will affect my open positions from last week but the schematics looks to favour USD so I'll have to be extra cautious with my positions as it may only be a pull back to collect more orders and we continue the journey to 1.198 for EU and 0.89 for usdchf.

Scenario 1 for GJ: price makes a run towards 150 and I'll buy back to 154.6** and I re-sell (this scenario would be most exciting cheesy)

Scenario 2: price makes a run for 154.6** first, then I'll enter a sell to 150 and forget about re-buying.

For USDCAD, only one thing I look for price to do for me on Tuesday..... Approach . 26830 and I'll act accordingly because we'd begin a journey to . 2180

it's a story, an interesting one.
Happy pippin' this week.

2 Likes

Re: Forex Trade Alerts: Season 21 by Nobody: 1:36pm On Aug 15, 2021
CopyJoe:


Okay. Done.

If you love Gold, creat an account exclusively dedicated to Gold. That way it doesn't mess up your psychology by creating unequal losses for you in your account.

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 5:37pm On Aug 15, 2021
Brov, I just remembered now that you imagined how I take and upload pictures; I use the snipping or greenshot tool on my lappy; I use the greenshot when I want to highlight stuff from my analysis to post here.

charly20:
So there's big news coming midweek for GBP and USD on Tuesday. I don't know how much it will affect my open positions from last week but the schematics looks to favour USD so I'll have to be extra cautious with my positions as it may only be a pull back to collect more orders and we continue the journey to 1.198 for EU and 0.89 for usdchf.

Scenario 1 for GJ: price makes a run towards 150 and I'll buy back to 154.6** and I re-sell (this scenario would be most exciting cheesy)

Scenario 2: price makes a run for 154.6** first, then I'll enter a sell to 150 and forget about re-buying.

For USDCAD, only one thing I look for price to do for me on Tuesday..... Approach . 26830 and I'll act accordingly because we'd begin a journey to . 2180

it's a story, an interesting one.
Happy pippin' this week.
Re: Forex Trade Alerts: Season 21 by abham: 8:27pm On Aug 15, 2021
Good write up. For me, I usually trade pairs that are over bought and over sold and have low spreads as a scalper trader, though I’m still learning technical analysis to predict buy and sell orders.

charly20:
grin @copyjoe, you seem so indecisive. If you really love gold, you'd take your time to study her. She may bite a couple of times (give you losses) but eventually you'd tame her before trading a live account.

Because of how volatile she is is the reason I personally decided to stop placing pending orders but to monitor price at my POI and act accordingly. You should checkout what works for you too. Same goes for my interest in USTECH(nas100)
Re: Forex Trade Alerts: Season 21 by charly20(m): 8:41pm On Aug 15, 2021
GabsonFX:
Brov, I just remembered now that you imagined how I take and upload pictures; I use the snipping or greenshot tool on my lappy; I use the greenshot when I want to highlight stuff from my analysis to post here.



Oh... Man pikin no get lappy na. I guess we'd make do with only what we have till lappy comes around cheesy

1 Like

Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 3:20am On Aug 16, 2021
JPY currently one of the strongest currencies right now and sweet to trade with XXXJPY all selling over 100+ pips...

AUDJPY
CADJPY
USDJPY et all.

If the momentum would be sustained during London session is what I'd love to know because OTE for the pairs listed would give you lotta pips in your basket...

2 Likes

Re: Forex Trade Alerts: Season 21 by midps010: 4:48am On Aug 16, 2021
Kaesyrn:
JPY currently one of the strongest currencies right now and sweet to trade with XXXJPY all selling over 100+ pips...

AUDJPY
CADJPY
USDJPY et all.

If the momentum would be sustained during London session is what I'd love to know because OTE for the pairs listed would give you lotta pips in your basket...

Hey bro, which site did you get the currency strength?
Re: Forex Trade Alerts: Season 21 by MONEY247: 7:23am On Aug 16, 2021
What is OTE

1 Like

Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 7:54am On Aug 16, 2021
For currency strength you can check...


triopips. com/ currency- strenght- meter. php

OTE - Optimal Trade Entry

Cc.

midps010
MONEY247

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 8:44am On Aug 16, 2021
The 2 trades still running good.......

GabsonFX:
Update on those trades: I took small portion of profit from gold cos I needed to take it back to D1 from H4; now I'm back to D1 trading gold, GJ and GU. This is where I'm @ at the moment.

Gold currently running 203.9pips
GJ @ 3.3pips

My plan on GU for Monday close is to re-short GU if Monday close is bearish, if otherwise, i.e bullish, I will check to see if a resistance is broken before longing it.

Happy weekend!


1 Like

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 8:55am On Aug 16, 2021
What sorcery is this o?

1 Like

Re: Forex Trade Alerts: Season 21 by abham: 10:09am On Aug 16, 2021
CHF just dey sell, I no wan even enter any of its trades. It seems unusual to me or that’s how it happens where the price go just crash dey go?

Donvic4u:
What sorcery is this o?
Re: Forex Trade Alerts: Season 21 by LaughButton01(m): 11:37am On Aug 16, 2021
Good morning please add me on which ever forex trading group you on 08091135274
Also, if you know of any forex trading community in Ibadan please refer or recommend me. Physical community please
Thanks fam
charly20:
So there's big news coming midweek for GBP and USD on Tuesday. I don't know how much it will affect my open positions from last week but the schematics looks to favour USD so I'll have to be extra cautious with my positions as it may only be a pull back to collect more orders and we continue the journey to 1.198 for EU and 0.89 for usdchf.

Scenario 1 for GJ: price makes a run towards 150 and I'll buy back to 154.6** and I re-sell (this scenario would be most exciting cheesy)

Scenario 2: price makes a run for 154.6** first, then I'll enter a sell to 150 and forget about re-buying.

For USDCAD, only one thing I look for price to do for me on Tuesday..... Approach . 26830 and I'll act accordingly because we'd begin a journey to . 2180

it's a story, an interesting one.
Happy pippin' this week.

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