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Forex Trading - Season 15 - Business (46) - Nairaland

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Re: Forex Trading - Season 15 by fxbomovi: 12:02pm On Feb 12, 2015
no one considers d news when backtesting a strategy, so why consider d news when trading realtime?

know this: some news will favour u, some wont
Re: Forex Trading - Season 15 by infofirst(m): 12:06pm On Feb 12, 2015
jamace:

Thanks bros.
The problem with my system is that, it rarely wins in trending markets but wins most of the time in Zigzag markets.

May b u shd use it then in d market condition dat it works in and look for another dat can work in trending period.

Price action is cool for various market conditions as long as u can learn it.
Re: Forex Trading - Season 15 by raycolz84: 12:18pm On Feb 12, 2015
noblezone:


What caused the spike down?
I was with the bulls but the spike has really got me confused.
Was there any news?

bros i really don't know sha
am purely a technical trader
i rarely acess fundamentals and news site

I use just bolliger bands, moving average and price action

1 Like

Re: Forex Trading - Season 15 by Nobody: 12:20pm On Feb 12, 2015
Cashvault:

Please assist me with where I can get that news by BOJ that caused the spike this morning.

Also, what website is best for monitoring news?
Thanks
Re: Forex Trading - Season 15 by Owliver(m): 12:25pm On Feb 12, 2015
noblezone:
Cashvault:

Please assist me with where I can get that news by BOJ that caused the spike this morning.

Also, what website is best for monitoring news?
Thanks
ForexFactory . Com........
Re: Forex Trading - Season 15 by cashvault(m): 12:27pm On Feb 12, 2015
It was not a news release, it was just a comment by boj boss.
noblezone:


Please, where was the news released?
TV or a website.

I want to update for future reference.
Like I have been searching online for the news, but yet to see it.

Thanks
Re: Forex Trading - Season 15 by Nobody: 12:28pm On Feb 12, 2015
Owliver:
ForexFactory . Com........
The BoJ press release that caused the spike this morning was not on Forex factory
Re: Forex Trading - Season 15 by willscolf: 12:28pm On Feb 12, 2015
willscolf:
nice call,am also in d same trade @120.20
tp had long bin hit nd i didnt evn know
Re: Forex Trading - Season 15 by willscolf: 12:31pm On Feb 12, 2015
fxbomovi:
news has two function. first is to make your trade hit tp faster. second is to make your trade hit sl faster.

laughin nd crackin my ribs hia
Re: Forex Trading - Season 15 by raycolz84: 12:32pm On Feb 12, 2015
raycolz84:
the way my broker dey re-quote dis days ehhh
no be small

anyways am still with the bulls on GJ
i would buy at any pull-back

just bought again at 181.65
after the spike down


closing this trade at 183.65
not bad for today
although on the daily chart i think GJ still has business with 185.XX
but on the 1hr and 4hr it looks overbought
so am going to stand aside

but if it breaks 184.00 i might enter a buy with half of my normal lot size

1 Like

Re: Forex Trading - Season 15 by Optimisticgondy(m): 12:34pm On Feb 12, 2015
noblezone:

The BoJ press release that caused the spike this morning was not on Forex factory
check www.forexlive.com
Re: Forex Trading - Season 15 by Owliver(m): 12:36pm On Feb 12, 2015
noblezone:

The BoJ press release that caused the spike this morning was not on Forex factory
Not all news are scheduled... Sh|t happens grin
Re: Forex Trading - Season 15 by willscolf: 12:37pm On Feb 12, 2015
is anybody riding d GA buy? +150pips wit SL moved 2 BE.meanwhile eur/aud buy missed my stop by jst 2pips nd nw is slightly above BE,body dey do me "close am close am oo"
Re: Forex Trading - Season 15 by Owliver(m): 12:38pm On Feb 12, 2015
raycolz84:



closing this trade at 183.65
not bad for today
although on the daily chart i think GJ still has business with 185.XX
but on the 1hr and 4hr it looks overbought
so am going to stand aside

but if it breaks 184.00 i might enter a buy with half of my normal lot size
Its good thing you stayed back after the bashing. Nice Job sire.... And also Good job to everyone keeping the thread going.
Re: Forex Trading - Season 15 by willscolf: 12:38pm On Feb 12, 2015
noblezone:


Please, where was the news released?
TV or a website.

I want to update for future reference.
Like I have been searching online for the news, but yet to see it.

Thanks
bros 4get dat tin wey u dey search,wot happened was jst an order flow effect
Re: Forex Trading - Season 15 by raycolz84: 1:03pm On Feb 12, 2015
willscolf:
is anybody riding d GA buy? +150pips wit SL moved 2 BE.meanwhile eur/aud buy missed my stop by jst 2pips nd nw is slightly above BE,body dey do me "close am close am oo"

lmao @ "close am, close am oo" grin
Re: Forex Trading - Season 15 by raycolz84: 1:08pm On Feb 12, 2015
Owliver:
Its good thing you stayed back after the bashing. Nice Job sire.... And also Good job to everyone keeping the thread going.

i have always been here,
just that am that kind of person that read posts but hardly comment
if you go thru my posts
its only on FTA i have commented, eventhough i am always readind events on front page

With the way those guys were going about selling of signals, just couldn't hold back anymore

am glad they have given this place some breathing space... at least for a while grin
Re: Forex Trading - Season 15 by Owliver(m): 1:13pm On Feb 12, 2015
raycolz84:


i have always been here,
just that am that kind of person that read posts but hardly comment
if you go thru my posts
its only on FTA i have commented, eventhough i am always readind events on front page

With the way those guys were going about selling of signals, just couldn't hold back anymore

am glad they have given this place some breathing space... at least for a while grin
hahahaha true talk sire. I am happy at the state of the thread now. With this, other old timers might just troop in. Keep it up smiley
Re: Forex Trading - Season 15 by martog: 1:43pm On Feb 12, 2015
Owliver:
hahahaha true talk sire. I am happy at the state of the thread now. With this, other old timers might just troop in. Keep it up smiley
Re: Forex Trading - Season 15 by endfx1(m): 2:14pm On Feb 12, 2015
willscolf:
is anybody riding d GA buy? +150pips wit SL moved 2 BE.meanwhile eur/aud buy missed my stop by jst 2pips nd nw is slightly above BE,body dey do me "close am close am oo"

Hahahahahahaha........choi laugh don scatter my rib
Re: Forex Trading - Season 15 by willscolf: 2:20pm On Feb 12, 2015
missed a sell trade i've bin eyeing on gold,pissed off,anyway went long on UCAD @1.2555, sl=32pips ....lets kick it out of d nest nd c if it flies
Re: Forex Trading - Season 15 by willscolf: 2:22pm On Feb 12, 2015
endfx1:


Hahahahahahaha........choi laugh don scatter my rib
i don close am jaree,i dey hate nonsense
Re: Forex Trading - Season 15 by Nobody: 2:24pm On Feb 12, 2015
If you have fat account that can carry 200pips stoploss, just enter SELL on USDCHF now at 0.9333 for a 200pips take profit till next week.
This is long term trade.
Re: Forex Trading - Season 15 by Nobody: 2:29pm On Feb 12, 2015
I have a holy grail and have decided to make available free. I will even freely send the signal to your phone number.
SIMPLY fund your account with forextime http://www.forextime.com/?partner_id=4900129 this MONTH of FEBRUARY and MARCH and text to my phone 07088124883 and 08039469395 ...
(a) Your name
(b) Your mt4 Login number or MYFXTM number
(c) Amount you funded
(d) Your state of residence.


NOTE;

1. You MUST Make this forextime account ONLY for this holy grail.
2. You must follow my Sound Money management.
3. I will REFUND your money if you follow me RELIGIOUSLY and fail to DOUBLE your account in 2 months.
4. Also free seminar comes up in all the weekends in September and October 2015 at Lagos, Enugu, Kano, Benue, Port-Harcourt, Bauchi, Benin City and Abuja.
Re: Forex Trading - Season 15 by endfx1(m): 2:40pm On Feb 12, 2015
iheanyiebeneze:
If you have fat account that can carry 200pips stoploss, just enter SELL on USDCHF now at 0.9333 for a 200pips take profit till next week.
This is long term trade.

hmmmm.....200pips Long Term Trade? Na waoo
Re: Forex Trading - Season 15 by Nobody: 2:50pm On Feb 12, 2015
A sound FOREX TRADING STRATEGY must have a LONG term trade and SHORT term trade and even MEDIUM term trade, as the case may be.
endfx1:


hmmmm.....200pips Long Term Trade? Na waoo
Re: Forex Trading - Season 15 by endfx1(m): 2:52pm On Feb 12, 2015
iheanyiebeneze:
A sound FOREX TRADING STRATEGY must have a LONG term trade and SHORT term trade and even MEDIUM term trade, as the case may be.

And you put 200pips in the category of long term?

GA,GCAD can do that wit just one candle mind you.Anyways you entitled to your opinion.

Getting set to re-enter Gcad and Ecad
Re: Forex Trading - Season 15 by fxbomovi: 2:59pm On Feb 12, 2015
lol
Re: Forex Trading - Season 15 by endfx1(m): 2:59pm On Feb 12, 2015
ECAD

Buy @ 1.4264

SL 60

TP @ 1.4469
Re: Forex Trading - Season 15 by endfx1(m): 3:04pm On Feb 12, 2015
Just bought Gcad @ 1.9305

SL 100

TP @ 1.9640
Re: Forex Trading - Season 15 by willscolf: 3:06pm On Feb 12, 2015
iheanyiebeneze:

I have a holy grail and have decided to make available free. I will even freely send the signal to your phone number.
SIMPLY fund your account with forextime http://www.forextime.com/?partner_id=4900129 this MONTH of FEBRUARY and MARCH and text to my phone 07088124883 and 08039469395 ...
(a) Your name
(b) Your mt4 Login number or MYFXTM number
(c) Amount you funded
(d) Your state of residence.


NOTE;

1. You MUST Make this forextime account ONLY for this holy grail.
2. You must follow my Sound Money management.
3. I will REFUND your money if you follow me RELIGIOUSLY and fail to DOUBLE your account in 2 months.
4. Also free seminar comes up in all the weekends in September and October 2015 at Lagos, Enugu, Kano, Benue, Port-Harcourt, Bauchi, Benin City and Abuja.
dis post is bcoming a cliche,tot i offered a helpful idea 2 ur kind yesterday aaaaah?
Re: Forex Trading - Season 15 by endfx1(m): 3:37pm On Feb 12, 2015
Was as if the market was just waiting for me to trigger....lolz

Stop loss hit

1 Like

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