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Forex Trading - Season 14 - Business (163) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trading - Season 14 (358170 Views)

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Re: Forex Trading - Season 14 by Nobody: 2:01pm On Oct 21, 2014
There are two types of cynics, bitter cynics and ungrateful cynics. Both types are disgusting! Far too many cynics on this thread, serious killjoy cynics!!! Damn!!! I'm outta here jare!!!
Re: Forex Trading - Season 14 by Kirinwa: 2:05pm On Oct 21, 2014
Edd1e:
weekly and daily timeframes won't give room 4 tight stop loss as most pple trade on a smaller accnts. i bliv studyin d 4hr tf down to d smaller tfs bt nt neglectin d daily and weekly tf entirely can stil mak u a succes in d fx world
The 200 pips is not more than $20 using 0.01 lot size. It can accomodate small accounts. In fx tight stop loss doesn't always pay.Ever heard of trades hitting stoploss and going in your favour? Worst is that some reverse immediately only to get stopped out again.Frustration sets in.
Good luck to you.
As for me I will follow this through.

Last Bullet: It also gives you peace of mind and saves you from frequent glancing or glueing eyes on screen unlike day traders and scalpers.
Re: Forex Trading - Season 14 by Nobody: 2:10pm On Oct 21, 2014
Technically speaking,USDCAD is approaching OVERSOLD territory. I will enter a Buy at 1.1180 for a 70pips take profit. RRR= 1;1
Re: Forex Trading - Season 14 by honeric01(m): 2:13pm On Oct 21, 2014
natruetalk:
just bought oyel @ 82.10 with 100pips sl

fear of missing trade make me enter too early but if the price continuing falling i will jump out when seeing reaction around 81.6x zone

i have not hear from yomex hope he is fine
83.10 you meant and not 82.10 because we haven't seen that today
Re: Forex Trading - Season 14 by natruetalk: 2:18pm On Oct 21, 2014
natruetalk:
just bought oyel @ 82.10 with 100pips sl

fear of missing trade make me enter too early but if the price continuing falling i will jump out when seeing reaction around 81.6x zone

i have not hear from yomex hope he is fine
100pips on paper @ d moment

@babe u dey mind any type of cynics. just let continuing chopping dollar jare

Re: Forex Trading - Season 14 by natruetalk: 2:19pm On Oct 21, 2014
honeric01:
83.10 you meant and not 82.10 because we haven't seen that today
i entered @ 82.10 as shown on my chart
Re: Forex Trading - Season 14 by honeric01(m): 2:26pm On Oct 21, 2014
natruetalk:
i entered @ 82.10 as shown on my chart
Today? my pending on 82.60 didn't pick, except you didn't enter today, i am abit confused.
Re: Forex Trading - Season 14 by natruetalk: 2:28pm On Oct 21, 2014
honeric01:
Today? my pending on 82.60 didn't pick, except you didn't enter today, i am abit confused.
i post as i enter trade. today's low was 81.76 @ my side. someone else can confirm dis

may be u still trading old contract Nov14
Re: Forex Trading - Season 14 by Edd1e(m): 2:41pm On Oct 21, 2014
Kirinwa:
The 200 pips is not more than $20 using 0.01 lot size. It can accomodate small accounts. In fx tight stop loss doesn't always pay.Ever heard of trades hitting stoploss and going in your favour? Worst is that some reverse immediately only to get stopped out again.Frustration sets in.
Good luck to you.
As for me I will follow this through.

Last Bullet: It also gives you peace of mind and saves you from frequent glancing or glueing eyes on screen unlike day traders and scalpers.
yeah, u r absolutely right. bt d questn is; how many of we traders r keen on readin chart patterns, price actions, candle sticks formatns corectly, which ar most needed in higher timeframes; and even sum can't look at d charts a day without d temptatn to take a positn as regards to d weekly tf which u might nt necesarily tak a positn in a wk. i think 4hr tf is best 4 daytraders to avoid d noisy mkts.
Re: Forex Trading - Season 14 by iffydave: 2:43pm On Oct 21, 2014
tom29reloaded:
Yeah makes seNnse dis is how people should give signal not making worthless noise and posting unecessary chArt

By d way I observed u have changed a lot and for dat u just earned my respect and pls don't change cos of pride. Remain gentle and talk less. Am happy u no longer shout. Continue doing ur best. I just love EU pair let me go now

God bLess us
[size=20pt]Cracking[/size] at the bolded grin grin grin grin grin
Re: Forex Trading - Season 14 by Thinkr(m): 2:47pm On Oct 21, 2014
Keep it up people. Great thread
Re: Forex Trading - Season 14 by honeric01(m): 2:51pm On Oct 21, 2014
natruetalk:
i post as i enter trade. today's low was 81.76 @ my side. someone else can confirm dis

may be u still trading old contract Nov14
Holy moly, so we have old and new? i never knew o, the one i am trading didn't see 81.xx today, mind sending me a link to where i can get to read more on oil? i hardly trade oil but got fed up with gold's sluggish movement, wanted something faster.
Re: Forex Trading - Season 14 by natruetalk:
honeric01:
Holy moly, so we have old and new? i never knew o, the one i am trading didn't see 81.xx today, mind sending me a link to where i can get to read more on oil? i hardly trade oil but got fed up with gold's sluggish movement, wanted something faster.
am surprise if ur broker still allow u trading Nov contract @ dis time. should be automatic disable on ur platform for new contract. i have no link on oil , but i think naijababe post link detailing contract thinz in d past, u can ask her for this. all i do is to start looking out for new contract around 14th - 19th each month cos have paid heavily swap to one of my brokers for keeping a trade overlapn new contract. so i don't joke with trades during that contract period.
Re: Forex Trading - Season 14 by honeric01(m): 4:09pm On Oct 21, 2014
natruetalk:
am surprise if ur broker still allow u trading Nov contract @ dis time. should be automatic disable on ur platform for new contract. i have no link on oil , but i think naijababe post link detailing contract thinz in d past, u can ask her for this. all i do is to start looking out for new contract around 14th - 19th each month cos have paid heavily swap to one of my brokers for keeping a trade overlapn new contract. so i don't joke with trades during that contract period.
Bro, what happens when you are still on an old contract and the pair stops moving? for like 4 days now, the trades i have on oil with FBS isn't moving, just stuck there. Is this what happens when a contract expires?

Thanks for the audience.
Re: Forex Trading - Season 14 by natruetalk: 4:19pm On Oct 21, 2014
natruetalk:
100pips on paper @ d moment

@babe u dey mind any type of cynics. just let continuing chopping dollar jare
oil trade stopped me out @ +16pips
Re: Forex Trading - Season 14 by natruetalk: 4:23pm On Oct 21, 2014
honeric01:
Bro, what happens when you are still on an old contract and the pair stops moving? for like 4 days now, the trades i have on oil with FBS isn't moving, just stuck there. Is this what happens when a contract expires?

Thanks for the audience.
i don't have d experience cos d old contract disappeared from my platform
Re: Forex Trading - Season 14 by honeric01(m): 4:40pm On Oct 21, 2014
natruetalk:
i don't have d experience cos d old contract disappeared from my platform
Alright, thanks.

@naijababe, abeg what say you thou? i am a novice when it comes to oil.
Re: Forex Trading - Season 14 by Jaidooo(m): 4:40pm On Oct 21, 2014
looking to buy gbpnzd, a buystop at 2.0318, sl below 2.0130. tps, 2.0665, 2.0849.
harmonic traders should watch out for an emerging butterfly pattern 0n h4 chart and also a bat battern on d daily chart.
happy pippping.
Re: Forex Trading - Season 14 by Nobody: 5:02pm On Oct 21, 2014
honeric01:
Alright, thanks.

@naijababe, abeg what say you thou? i am a novice when it comes to oil.
contract change dates

http://www.fxcm.com/uk/markets/cfds/oil/
Re: Forex Trading - Season 14 by honeric01(m): 5:06pm On Oct 21, 2014
naijababe:
contract change dates

http://www.fxcm.com/uk/markets/cfds/oil/
Thanks, but is this why our running trades froze?

I need to chat with my broker.
Re: Forex Trading - Season 14 by natruetalk: 5:19pm On Oct 21, 2014
natruetalk:
oil trade stopped me out @ +16pips
if u have the liver it time to SELL d nucca

just sold oil @ 82.38 with 100pips Sl

watch out for 82.50 to jump out incase

Re: Forex Trading - Season 14 by natruetalk: 6:11pm On Oct 21, 2014
natruetalk:
if u have the liver it time to SELL d nucca

just sold oil @ 82.38 with 100pips Sl

watch out for 82.50 to jump out incase
SL adjusted to BE. to avoid story

let c how 7pm candle will close

Re: Forex Trading - Season 14 by Sunnycliff(m): 6:21pm On Oct 21, 2014
honeric01:
Bro, what happens when you are still on an old contract and the pair stops moving? for like 4 days now, the trades i have on oil with FBS isn't moving, just stuck there. Is this what happens when a contract expires?

Thanks for the audience.
Your old trade is knocked out and a fresh position is reopened at The beginning of The contract month based on The same lot size and market position you were in before The contract closure but at The current market price that your brokers contract was renewed! #Experience #
Re: Forex Trading - Season 14 by honeric01(m): 6:58pm On Oct 21, 2014
Sunnycliff:
Your old trade is knocked out and a fresh position is reopened at The beginning of The contract month based on The same lot size and market position you were in before The contract closure but at The current market price that your brokers contract was renewed! #Experience #
Thanks for the explanation, but no new positions yet, just showing the current ones... maybe new contract is yet to be out?
Re: Forex Trading - Season 14 by natruetalk: 7:06pm On Oct 21, 2014
natruetalk:
SL adjusted to BE. to avoid story

let c how 7pm candle will close
it 7pm

closed both position with +151pips

Thank God. champion league time
Re: Forex Trading - Season 14 by Edd1e(m): 7:19pm On Oct 21, 2014
Sunnycliff:
Your old trade is knocked out and a fresh position is reopened at The beginning of The contract month based on The same lot size and market position you were in before The contract closure but at The current market price that your brokers contract was renewed! #Experience #
actually, d open position is closed with sum brokers
Re: Forex Trading - Season 14 by Sunnycliff(m): 8:08pm On Oct 21, 2014
My oil trade was closed by my dealers now! with +56pips. Guess is The contract renewal issue
Re: Forex Trading - Season 14 by lawson007(m): 8:12pm On Oct 21, 2014
@iheanyiebeneze Eu and Oil delivered as expected wink
Too early to buy Ej for the 200pips.
those that trade DAX should start loading the SELL gradually or exit their buys gradually.serious SELL off is lurking for about 150pips.from 8941 or 8987 till 8816.
Ecad should prepared for BUY from 1.4260 Sl =100pips and Tp=100pips
Always do you Mm,Tp and SL don't expect to told all the time.
Re: Forex Trading - Season 14 by omejeo: 8:39pm On Oct 21, 2014
lawson007:
@iheanyiebeneze Eu and Oil delivered as expected wink
Too early to buy Ej for the 200pips.
those that trade DAX should start loading the SELL gradually or exit their buys gradually.serious SELL off is lurking for about 150pips.from 8941 or 8987 till 8816.
Ecad should prepared for BUY from 1.4260 Sl =100pips and Tp=100pips
Always do you Mm,Tp and SL don't expect to told all the time.
ok
Re: Forex Trading - Season 14 by latestsunny(m): 9:18pm On Oct 21, 2014
Government deceiving us since independent.

"The Minister of Finance, Dr Ngozi Okonjo–Iweala, has assured Nigerians that the economy is growing positively in spite of the reduction of oil price in the international market."


http://www.vanguardngr.com/2014/10/nigeria-is-not-broke-okonjo-iweala/?utm_source=&utm_medium=facebook
Re: Forex Trading - Season 14 by Sunnycliff(m): 9:36pm On Oct 21, 2014
Oil current price pls. My broker is freezing oil on my platform
Re: Forex Trading - Season 14 by mez(m): 9:48pm On Oct 21, 2014
naijababe:
Mostly trade the best of 4 here..........gold, oil, dax and dow. Sometimes I take a sneak peak at currencies but those 4 remain my first loves

@ thread, bought everything except gold
Tried several, won some, got bit by some. But I'm with you on Dax and Dow. I love their movements. Currently long on Dow.

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