Capitals:


Brent hit tp, thats plus $63.40 on the initial $350. Here s what I have in mind, I ll divide this into two and reinvest it i my next two trades.
So far the first two trades have done well. (I can afford to lose the $63 without losing sleep and not at risk in the euro sell anymore cos B.E isset)

see my chart with crosschair for reference. if i ve known u will close earlier i would have close it at 1:1 instead of dis 160 pips loss. very huge loss for 150$ acct. Good job & unlucky me.

Don't be discouraged by my loss though. forex is very dangerous. imagine stopping me out why ur price was still below. Hmm d market is really a manipulated environment. This is pepperstone ecn.

willscolf:
ur system dey holidays

willscolf:
ur system dey holidays

Lol.. Very funny...

The filtering mechanism used when a signal is generated just dey vex me...
But me know say if i tweak am... omo, i fit no like wetin go happen to my account..

I use a 1HR & 4HR timeframe combo.... Guess the 4HR is the culprit... hian.

fxbomovi:
seriously i just dont understand u

see double pinbar in USDCAD 1h time frame....

micynute94:



Lol.. Very funny...

The filtering mechanism used when a signal is generated just dey vex me...
But me know say if i tweak am... omo, i fit no like wetin go happen to my account..

I use a 1HR & 4HR timeframe combo.... Guess the 4HR is the culprit... hian.

just relax bro.

everything under the sun have its time and season. including strategies.

Pls hw can a begina learn forex trade? Am really interestd. Kindly send d detail. edwarduvies@gmail.com

BULLS and BEARS are battling with EURJPY at this level 135.45, can you see up and down movement at that level.

abistar:
Pls hw can a begina learn forex trade? Am really interestd. Kindly send d detail. edwarduvies@gmail.com

start from the school of babypip . Com.... Keep up with the thread. Ask questions.

mutik1977:


see my chart with crosschair for reference. if i ve known u will close earlier i would have close it at 1:1 instead of dis 160 pips loss. very huge loss for 150$ acct. Good job & unlucky me.

Don't be discouraged by my loss though. forex is very dangerous. imagine stopping me out why ur price was still below. Hmm d market is really a manipulated environment. This is pepperstone ecn.

but price didnt trade up to 63.00, how come it took out a sl at 63.15, also I indicated tp together with the sl. thats the thing with variable spread accounts. spread must have been over 15pts to stop you out with what I see on ur chart and mine. What you did is quite risky anyway, I wont advise you place trades because someone else feels its right.

Here are 10 great technical trading rules that will help you build a systematic approach to trading:

1. Start with the weekly price chart to establish the long term trend, and then work down through the daily and hourly charts to trade in the direction of that trend. The odds are better if you are trading in the direction of the long term trend.
2. In Bull Markets, the best strategy is to buy the dips. In Bear Markets, the best strategy is to sell short into each rally. Always go with the path of least resistance.
3. Support and resistance levels can hold for long periods of time; the first few breakout attempts usually fail.
4. The more times a support or resistance level is tested, the greater the odds that it will be broken. Old resistance can become the new support, and the old support may become the new resistance.
5. Trend lines are the easiest way to measure trends by connecting higher highs or lower lows, and they must always go from left to right.
6. Chart patterns are visible representations of the price ranges that buyers and sellers are creating. Chart Patterns are connected trend lines that signal a possible breakout buy point if one line is broken.
7. Moving averages quantify trends and create signals for entries, exits, and trailing stops.
8. Moving averages are great tools for a trader to use, but they are best used along with an overbought/oversold oscillator like the RSI. This maximizes exit profitability on extensions from a moving average.
9. 52 week highs are bullish, and 52 week lows are bearish. All-time highs are more bullish, and all-time lows are more bearish. Bull Markets have no long term resistance, and Bear Markets have no long term support.
10. Above the 200 day is where bulls create uptrends. Bad things happen below the 200 day; downtrends, distribution, bear markets, crashes, and bankruptcies.


ENJOY YOUR DOLLARS

just sold GOLD @1207.04 sl@1210.00 tp@1180.00

Hello Pips,

I have a running sell on USDCHF. Buts its been buying for the week and yesterday and today is even stronger. Whats the fuel for this buy seen. Is it likely to reverse shortly or continue is buying

adeyinkabasir:
just sold GOLD @1207.04 sl@1210.00 tp@1180.00

chai u wicked lol see RR finz. anyways gold will take out ur sl. i ve leant how to swing gold with 500 to 1000 pips on monthly. 250 pips on 4h & 50 to 100 pips on 1h. dese are my stop loss & reward is twice or thrice with peace of mind. but do it using from 300$ deposit. still testing mine on demo while anticipating for 300 bucks to start. Let me follow the footstep of oga Capitals the swing trader. when u get dat swing signal, kindly post it so i cross check with mine. swing trading is gud if you have many tins limiting ur screen time. #swingtradingmode

AmeLonRo:
Hello Pips,

I have a running sell on USDCHF. Buts its been buying for the week and yesterday and today is even stronger. Whats the fuel for this buy seen. Is it likely to reverse shortly or continue is buying

u ought to exit yesterday at breakeven or risk -15 pips which happened exactly.

mutik1977:


u ought to exit yesterday at breakeven or risk -15 pips which happened exactly.

If its going to keep buying, bad. But if it will eventually reverse soonest, then its worth the patience.

mutik1977:


chai u wicked lol see RR finz. anyways gold will take out ur sl. i ve leant how to swing gold with 500 to 1000 pips on monthly. 250 pips on 4h & 50 to 100 pips on 1h. dese are my stop loss & reward is twice or thrice with peace of mind. but do it using from 300$ deposit. still testing mine on demo while anticipating for 300 bucks to start. Let me follow the footstep of oga Capitals the swing trader. when u get dat swing signal, kindly post it so i cross check with mine. swing trading is gud if you have many tins limiting ur screen time. #swingtradingmode

if it does then ama flip to buying

EUR/JPY
BUY @ 134.865
TP @ 136.250
SL @134.00

Good Luck.
Note: I am trading on H1 TF.

jamace:
Aert Alert Alert (With due respect to Ogboraph ). I just observed that my indicator is behaving funny like it did during the just concluded news on GBP/JPY. There is similar news on USD by 2:30 pm (Nigerian time). Therefore, I am cancelling the call above and revert to BUY .

USD/JPY
BUY @ 119.269
TP @ 120.300
SL @118.269

Good Luck.
Note: I am trading on H1 TF.

I'm still holding this trade. It is still valid according to my indicators.

How can be having patience when others are making more,? You did not stick to instructions right. Patience in forex trading is the ONLY thing that dries peoples account. Take note of that.

AmeLonRo:


If its going to keep buying, bad. But if it will eventually reverse soonest, then its worth the patience.

House get ready to sell AUDUSD if it gets to 0.7838 in the next 1hour.

sold EA

This trade seem to lack momentum to get to take profit. 70pips, or 60pips you've got can be taking now.

iheanyiebeneze:
Sell ej now at 135.50, for a 100pips take profit at 134.50 and 100pips stoploss at 136.50, sell EU now for a 100pips take profit and 100pips stoploss. Bring stoploss at breakeven when market moves 20pips in your favour

jamace:
I'm still holding this trade. It is still valid according to my indicators.

I sold at dat same price u bought. Wish u the best.

AmeLonRo:


If its going to keep buying, bad. But if it will eventually reverse soonest, then its worth the patience.

That currency is overvalued bro (snb),and negative interest rates are in the talks from the snb,thats the fundamental aspect,the technicals dnt seem to offer much argument to the down side.if u can take the hit cut ur loss ot better still let it run till it hits ur stop.if it reverses slightly cut it amd exit the trade.

adeyinkabasir:

if it does then ama flip to buying

ok. my 1h just post buy at 1207.83. sl 1204.00/.50 lets see hw it pans out.

FINALLY TAKE PROFIT HIT, enjoy ur dollars

iheanyiebeneze:
Sell ej now at 135.50, for a 100pips take profit at 134.50 and 100pips stoploss at 136.50, sell EU now for a 100pips take profit and 100pips stoploss. Bring stoploss at breakeven when market moves 20pips in your favour

watching this, if we dip straight down to it then I ll buy, if not could reconsider my position

iheanyiebeneze:
This trade seem to lack momentum to get to take profit. 70pips, or 60pips you've got can be taking now.

iheanyiebeneze:
FINALLY TAKE PROFIT HIT, enjoy ur dollars

Did you re-enter this trade after taking your 70, 60 pips? Hmn.

adeyinkabasir:
just sold GOLD @1207.04 sl@1210.00 tp@1180.00

GOLD and GJ.........Diaris God oooooo........it's by His GRACE ooooooo

mutik1977:


ok. my 1h just post buy at 1207.83. sl 1204.00/.50 lets see hw it pans out.

sl hit. dat weekly sell from 123xx is still strong & may hit 1150 region

mutik1977:


sl hit. dat weekly sell from 123xx is still strong & may hit 1150 region

yeah i think it will get to 1165.xx and as for GJ i think 173.xx is where it is going sha

adeyinkabasir:


yeah i think it will get to 1165.xx and as for GJ i think 173.xx is where it is going sha

i have a 4h swing buy from 1211 with sl @1196 and a monthly swing buy from 1211 sl 1111.xx. once dis pans out gud, my confidence to switch to swing trading will boost & i will start live trading dis way. lets watch. no concrete rules jn fx