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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (328495 Views)
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Re: Forex Trade Alerts: Season 21 by Nobody: 1:51am On Oct 15, 2021 |
On point sir..... There was a lengthy discussion here between some sets of FTA members about win rate and RR just last week...I wish that discussion could continue... Fibonacci88: |
Re: Forex Trade Alerts: Season 21 by Nobody: 1:55am On Oct 15, 2021 |
Re: Forex Trade Alerts: Season 21 by Nobody: 1:57am On Oct 15, 2021 |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:13am On Oct 15, 2021 |
Forexislife: Yes, boss. |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:15am On Oct 15, 2021 |
Forexislife: Sooner than I thought. I'll be back. |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:20am On Oct 15, 2021 |
Elliotwaveforec: I'll start again next month. It's helped my forex journey. My activeness on this group amongst other things has helped me. I no dey give up. |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:24am On Oct 15, 2021 |
$50 demo account on Exness. Next month. Then I go live by February or January. $50,000 or $50 doesn't matter much. What matters most is mastery. That I have learnt. 4 Likes |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:27am On Oct 15, 2021 |
CopyJoe: I'll use the demo to test the strategy that I tried on my live account. |
Re: Forex Trade Alerts: Season 21 by speed99: 3:05am On Oct 15, 2021 |
Okay, I have opened my small Account Sha. Someone talked about hedging... it can be a little bit crazy in a trending market, like gbpjpy currently. You can try and master is slower moving pairs, but not gold. Again, have a plan, learn price action , support and resistance. Stick to pays that you can "feel" their movements. I am a pivot trader. For my style, any trade after 11 AM na almost certainly disastrous. Na picking up I dey, cos I have not traded in years. Very open to criticism. Good Morning 1 Like |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:15am On Oct 15, 2021 |
speed99: Don't dwell too much on hedging, For me i only hedge when my setup create the opportunity, i don't actually hedge to protect trade, just basically following my setup. So on trendy market if i don't see an opposite setup i don't hedge it. |
Re: Forex Trade Alerts: Season 21 by speed99: 3:18am On Oct 15, 2021 |
As seen in the values above. EuroUSD opened below pivot and is struggling for a break above 1.1602. interestingly, 1.1600 is a psychological barrier. Good set up. Check for a break above pivot, new candle confirming bullish (price action on lower timeframe) and TP will be R1. SL should be left at midline between pivot and S1. This is for a buy orientation.
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Re: Forex Trade Alerts: Season 21 by speed99: 3:26am On Oct 15, 2021 |
Feshizzy:Yeah. This is factual. I developed a system years ago for my trading by using pending orders to hedge around retracement points (using Fibs), support and resistance breakouts. I hope to get my laptop up and running this weekend so I can show it and get contributions. 2 Likes 1 Share |
Re: Forex Trade Alerts: Season 21 by speed99: 3:34am On Oct 15, 2021 |
As seen, minimal risk. My target is R1. Lower timeframe to confirm price action. Let's see how it goes. 1 Like
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Re: Forex Trade Alerts: Season 21 by highcurrent: 6:08am On Oct 15, 2021 |
MrEmir:exactly... When he needed the money urgently, psychology changed. This will sometimes lead to forced trades. 1 Like |
Re: Forex Trade Alerts: Season 21 by jsheng(m): 6:22am On Oct 15, 2021 |
MrEmir:When you spot a potential sure trade, always use a wider stop loss and not a tight stop loss because the market has a way to hunt those stops loss before going your direction and please your trades are too many on a small account, please take 1 trade at a time on account of 200usd below.... Too many trade kills d account quickly Just my opinion |
Re: Forex Trade Alerts: Season 21 by charly20(m): 6:31am On Oct 15, 2021 |
GabsonFX: Papa dey whine me o The week is closing already with a LL and what may look like a LH (I would imagine so because it's past midweek and probably the high of the week has been formed yesterday) If it is the case, we may visit 1.14 soon. 2 Likes
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Re: Forex Trade Alerts: Season 21 by speed99: 6:33am On Oct 15, 2021 |
jsheng:Nice one. Can I ask a question? What is the criteria for taking a particular stop loss for a trade? 1 Like |
Re: Forex Trade Alerts: Season 21 by Piptocoin: 8:22am On Oct 15, 2021 |
1 Like |
Re: Forex Trade Alerts: Season 21 by speed99: 8:30am On Oct 15, 2021 |
Sweet set-up in the pivot system. Note the bounce off- R1, heading to R2. I no enter, cos I no wan stress my small a account, and note, FX presents daily opportunities. It will come again 1 Like
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Re: Forex Trade Alerts: Season 21 by speed99: 9:18am On Oct 15, 2021 |
Going well So far. We are advised to post with receipts. Almost done for the day. Would wait for R2 situation report. All the Ogas, thanks for the motivation. 2 Likes
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Re: Forex Trade Alerts: Season 21 by Tony142: 9:53am On Oct 15, 2021 |
"I have discovered the holy grail, the holy grail of forex is not to trade at all, you can never lose when u did not trade at all" - Tony142 |
Re: Forex Trade Alerts: Season 21 by friendbee: 10:17am On Oct 15, 2021 |
Tony142: Tony142: 1 Like 1 Share |
Re: Forex Trade Alerts: Season 21 by Tony142: 10:42am On Oct 15, 2021 |
Re: Forex Trade Alerts: Season 21 by MrEmir: 1:01pm On Oct 15, 2021 |
Feshizzy: Ok, I did quickly read about it as you suggested, but I've always known hegding to be illegal in the USA. Your are correct about my experience been limited, and rightly I spoke out of what I knew. Anyways I don't hedge. 2 Likes |
Re: Forex Trade Alerts: Season 21 by MrEmir: 1:07pm On Oct 15, 2021 |
jsheng: Intially when I saw the number of positions he had opened, I concluded he was a scalper until I saw his lot size. I know scalper use larger lot sizes. All the same, person no dey Sabi forex finish, his strategy might actually allow him open many trades like he did. |
Re: Forex Trade Alerts: Season 21 by MrEmir: 1:08pm On Oct 15, 2021 |
Piptocoin:The whinning too red, he dey bleed sef |
Re: Forex Trade Alerts: Season 21 by Tony142: 5:25pm On Oct 15, 2021 |
If they are laughing at your dreams, just increase your lot size 1 Like 1 Share |
Re: Forex Trade Alerts: Season 21 by saintfaculty(m): 5:25pm On Oct 15, 2021 |
saintfaculty: pushing nicely
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Re: Forex Trade Alerts: Season 21 by Forexislife: 5:51pm On Oct 15, 2021 |
Tony142:what if you dey on a losing streak? 2 Likes |
Re: Forex Trade Alerts: Season 21 by abham: 5:52pm On Oct 15, 2021 |
Re: Forex Trade Alerts: Season 21 by abham: 5:52pm On Oct 15, 2021 |
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