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Forex Trading - Season 15 - Business (93) - Nairaland

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Re: Forex Trading - Season 15 by infofirst(m): 11:39pm On Mar 24, 2015
endfx1:
Experience matters in this biz oooo....to think that i can't remember the last time i run analysis or take a trade via laptop i can't help but smile.its been over 5 months now.

Just touch my lappy once in a blue moon.everything done on mobile..lolz i know so many will be surprised to hear this..

My eyes becoming my best indicator.slowly but surely i'm getting there..

Great n been using more of mobile as well and the reason for no charts from me as well n only if most of those that uses so much indicators knew what their eyes can do hen.

1 Like

Re: Forex Trading - Season 15 by seyejohn94: 8:47am On Mar 25, 2015
This is how i wanna play gold... Will wait for a close above 1190 first den a close below 1190 b4 i pull d sell trigger with 50pips stp and 200pips profit...

Nothing is guaranteed...
Happy trading...
Re: Forex Trading - Season 15 by endfx1(m): 10:26am On Mar 25, 2015
GU proving stubborn....let's see.Currently -20pips

EN -40pips

We see the end
Re: Forex Trading - Season 15 by infofirst(m): 10:45am On Mar 25, 2015
endfx1:
GU proving stubborn....let's see.Currently -20pips
EN -40pips
We see the end
-40pips now.... Watching it n once 4h close above 1.4500 na to chill and try again.
My eu still doing good.
Re: Forex Trading - Season 15 by Nobody: 11:02am On Mar 25, 2015
Exit EU and EJ trade at BREAKEVEN or -20pips as the case may be, and you can risk 70pips on USDCHF now. There seem to be excessive pressure from the BULLS now. Tomorrow is market. Lets look for another setup.
iheanyiebeneze:
I don't make noise, just take this alert from me and thank me later.
Sell EURUSD now at 1.0930. for a 100pips take profit and 150pips take profit.stoploss is 150pips.first take profit is 1.0821. while second take profit is 1.0761.
Make sure you bring your stoploss to breakeven as soon as market hits the first take profit or 40pips in your favour.
Also buy USDCHF now at 0.9660 and take profit is 0.9760 , that's 100pips take profit.stoploss is 100pips.
Moreover, sell EURJPY now at 130.88, take profit is 129.78, ie 110pips take profit.stoploss is 100pips.
RRR=1;1.
Enjoy your dollars.

Those that wants the free signal, you can call me on 08039469395.
I just thank GOD that HIS GRACE and my 8 consecutive years of trading has made me a PRAGMATIC and PROFITABLE trader.
I PLAN MY TRADE AND TRADE MY PLAN.

1 Like

Re: Forex Trading - Season 15 by constanttime(m): 12:12pm On Mar 25, 2015
Good Day Guys,

Here is a link to Gold and NZD/USD technical daily.

1. NZD/USD Daily Video, Click here to watch video

2. Gold Daily Video, Click here to watch video




FOREX TRADING STRATEGY REVIEWS FOR BEGINNERS
Re: Forex Trading - Season 15 by infofirst(m): 12:33pm On Mar 25, 2015
infofirst:

-40pips now.... Watching it n once 4h close above 1.4500 na to chill and try again.
My eu still doing good.
Closed d gu @-52pips n eu at +178
Eu pending sell limit still at 1.1100
Re: Forex Trading - Season 15 by frenchman2: 12:51pm On Mar 25, 2015
frenchman2:


Closed eurjpy with +3 and closed eurnzd with -31 closed usdcad +52 and closed oil +95

my chart screaming sell now so i just sold ej at 130.85 and eurnzd at 1.4302
sold oil 47.40
bought usdcad 1.2511
all trades will run till friday

closed eurjpy and eurnzd in loss. oil at BE. usdcad still open
Re: Forex Trading - Season 15 by endfx1(m): 1:03pm On Mar 25, 2015
closed GU -50pips

Closed Gn,Gcad earlier +300pips

NU currently +30pips.....no time to post alert bought at the close of last 4hr pin bouncing off a dynamic MA

En still dancing....

@ thread i like the way we are openly declaring profit n loss. though we ain't obligated to do so but this encourages someone out there and paints the right picture that its not all profit profit profit!!

I salute the courage of most of us here. let's keep d spirit
Re: Forex Trading - Season 15 by endfx1(m): 1:20pm On Mar 25, 2015
infofirst:

Closed d gu @-52pips n eu at +178
Eu pending sell limit still at 1.1100

Nice one boss. still in profit

2 Likes

Re: Forex Trading - Season 15 by seyejohn94: 1:21pm On Mar 25, 2015
seyejohn94:
This is how i wanna play gold... Will wait for a close above 1190 first den a close below 1190 b4 i pull d sell trigger with 50pips stp and 200pips profit...

Nothing is guaranteed...
Happy trading...

Price has breached my trend line... Close above 1200 will buy gold... 50pips stp 200pips tp or 1226 area... Price is now in my comfort zone....

Nothing is guaranteed...
Happy trading...

1 Like

Re: Forex Trading - Season 15 by frenchman2: 1:30pm On Mar 25, 2015
bought oil 47.76
let's see how it plays out.
NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

2 Likes

Re: Forex Trading - Season 15 by dukum: 1:42pm On Mar 25, 2015
STL hit on GJ shot and closed AUDCAD manually the price gyration is getting rather annoying.

1 Like

Re: Forex Trading - Season 15 by Nobody: 1:43pm On Mar 25, 2015
I will sell EU at 1.1030 if it gets there in the next 2hours for a 70pips take profit. RRR=1;1.
Moreover, i will sell GU at 1.4980 if it gets there in the next 3hours,for a 100pips take profit. RRR=1;1
Bring stoploss to BE as soon as first take profit is hit or market moves 40pips in your favour.

Enjoy your dollars

1 Like

Re: Forex Trading - Season 15 by frenchman2: 1:53pm On Mar 25, 2015
frenchman2:


closed eurjpy and eurnzd in loss. oil at BE. usdcad still open

closed usdcad in loss
just went short at 1.2479
Re: Forex Trading - Season 15 by needinfo: 2:03pm On Mar 25, 2015
naijababe:
I really need to work on my patience lipsrsealed
seems your trading platform is different from mt4/mt5.pls which platform are you using.also, will need some one to explain to me why trades keep filling me in the market even when price has not touched the point i specified to scheduled expecially on 5,15 minute charts.each time i scheduled a buy or sell order, the market will fill me in without price reaching/hitting that point i specified and it immediately suck up my cash to large negative pips.also, if i place decided to place a trade immediately in the market, it also fill me in with large negative balance.why does it happen.is it because it is on 5,15 minute time frame because i am just confused.at times the negative pips will be over 50-80 pips immediately i enter the trade and also when i schedule a buy or sell order, price won't hit the point but it fills me in
Re: Forex Trading - Season 15 by Owliver(m): 2:16pm On Mar 25, 2015
needinfo:
seems your trading platform is different from mt4/mt5.pls which platform are you using.also, will need some one to explain to me why trades keep filling me in the market even when price has not touched the point i specified to scheduled expecially on 5,15 minute charts.each time i scheduled a buy or sell order, the market will fill me in without price reaching/hitting that point i specified and it immediately suck up my cash to large negative pips.also, if i place decided to place a trade immediately in the market, it also fill me in with large negative balance.why does it happen.is it because it is on 5,15 minute time frame because i am just confused.at times the negative pips will be over 50-80 pips immediately i enter the trade and also when i schedule a buy or sell order, price won't hit the point but it fills me in
pls munch your chart with the figures let's see the figures. Also what broker do you use? Mayb your broker adds additional figures and the sell or buy order could trigger before it reaches if depending on the commission... Post some charts
Re: Forex Trading - Season 15 by fxstory(m): 2:19pm On Mar 25, 2015
docus:


lol, me too. all trading done on mobile, trade all day. no time for bulky gadget plus poor power supply. thanks to technology.
the truth is clean chart, clean spot.price action is a knowledge to add in forex library.at times some charts uploaded scares me due to indicators scattered all over.if beginners get to see such kind of charts on daily basis, they will be scared.the number of indicators used by some traders is more than 10
Re: Forex Trading - Season 15 by fxstory(m): 2:23pm On Mar 25, 2015
YUSUPH1986:
Gud evening to you all, all protocols are respectfully observe. Pls am a first timer can sum1 teach me all 2 trade forex from d scratch,wat and wat is needed 2 start,how 2 go about it e.t.c thanks
babypips is one of the starting school to attend.
Re: Forex Trading - Season 15 by fxstory(m): 2:27pm On Mar 25, 2015
dukum:


i sure will bro,am only two years in and still learn like every day,just by viewing some uploaded charts here i have gained a little more insight especially about support and resistance zones.
that is another hidden secret many ignores.watching charts.at times one can just take some days during the week end to study the charts on your platform.price action and candlestick is a knowlege that is worth it
Re: Forex Trading - Season 15 by Nobody: 2:44pm On Mar 25, 2015
needinfo:
seems your trading platform is different from mt4/mt5.pls which platform are you using.also, will need some one to explain to me why trades keep filling me in the market even when price has not touched the point i specified to scheduled expecially on 5,15 minute charts.each time i scheduled a buy or sell order, the market will fill me in without price reaching/hitting that point i specified and it immediately suck up my cash to large negative pips.also, if i place decided to place a trade immediately in the market, it also fill me in with large negative balance.why does it happen.is it because it is on 5,15 minute time frame because i am just confused.at times the negative pips will be over 50-80 pips immediately i enter the trade and also when i schedule a buy or sell order, price won't hit the point but it fills me in
Re: Forex Trading - Season 15 by fxbomovi: 2:51pm On Mar 25, 2015
selling gj to 177.98 to 176.34
Re: Forex Trading - Season 15 by Shevychen2: 3:04pm On Mar 25, 2015
needinfo:
seems your trading platform is different from mt4/mt5.pls which platform are you using.also, will need some one to explain to me why trades keep filling me in the market even when price has not touched the point i specified to scheduled expecially on 5,15 minute charts.each time i scheduled a buy or sell order, the market will fill me in without price reaching/hitting that point i specified and it immediately suck up my cash to large negative pips.also, if i place decided to place a trade immediately in the market, it also fill me in with large negative balance.why does it happen.is it because it is on 5,15 minute time frame because i am just confused.at times the negative pips will be over 50-80 pips immediately i enter the trade and also when i schedule a buy or sell order, price won't hit the point but it fills me in

How long have you been trading? I am sure the 50-80 pips you are talking of is 5-8 pips which is definitely the spread. If you see gold at 1198.1 for instance, buying will enter you at 1198.6 for a broker with a 5 pips spread on gold. You will see that 5 pips as -50 due to 5 digits. It is the same regardless of the timeframe. It is more pronounced on the smaller timeframe because of the smaller value of the chart numbers there.

Spread also affects your limit orders.

If you feel this is not the case with your compliant, post an example as Oga Owliver has said above.
Re: Forex Trading - Season 15 by Owliver(m): 3:11pm On Mar 25, 2015
Shevychen2:


How long have you been trading? I am sure the 50-80 pips you are talking of is 5-8 pips which is definitely the spread. If you see gold at 1198.1 for instance, buying will enter you at 1198.6 for a broker with a 5 pips spread on gold. You will see that 5 pips as -50 due to 5 digits. It is the same regardless of the timeframe. It is more pronounced on the smaller timeframe because of the smaller value of the chart numbers there.

Spread also affects your limit orders.

If you feel this is not the case with your compliant, post an example as Oga Owliver has said above.


I think this might be this case but just want to be sure hence the chart... Needinfo. Post a JPY and gold chart for more clarification if your not satisfied with the explanation above.
Re: Forex Trading - Season 15 by adeniyia33(m): 3:17pm On Mar 25, 2015
THANK YOU NAIRALANDERS

Hello Gurus,
Thank you all for your pieces of advise directed at resolving my Credit Card deposit issue. The issue had been resolved.

Keep the good work going.. God bless you all

2 Likes

Re: Forex Trading - Season 15 by Nobody: 6:56pm On Mar 25, 2015
Pipsland78:


lol...buy eur/usd bro
iheanyiebeneze:
Exit EU and EJ trade at BREAKEVEN or -20pips as the case may be, and you can risk 70pips on USDCHF now. There seem to be excessive pressure from the BULLS now. Tomorrow is market. Lets look for another setup.
Told ya!

2 Likes 1 Share

Re: Forex Trading - Season 15 by Nobody: 8:09pm On Mar 25, 2015
Some days are like that, thank God i exited at BE and picked some pips from EU 1.1010 LEVEL, BUTS ITS JUST 50PIPS and GU 1.4950 resistance level, but i only took 40pips and ran away.
Pipsland78:


Told ya!

1 Like

Re: Forex Trading - Season 15 by infofirst(m): 9:19pm On Mar 25, 2015
Pipsland78:

Told ya!
Not all trade end in profit n it's better he follow his strategy n lose than follow advice to do the opposite of his strategy moreover he has been recording more winnings than losses. Cheers.

2 Likes

Re: Forex Trading - Season 15 by constanttime(m): 1:32am On Mar 26, 2015
The Currency Strength And Weakness For Thursday 26th March 2015

Hello Traders,

I have some suggestions were price action seems to be heading to over the next 24 hours. You can make use this analysis mentioned below to assist your trading and decision making and also to assist you to be at the right side of the market during the trading season, bellow are the analysis.

EUR and JPY: These two currencies seem to have an overall strength.
AUD, NZD and CAD: These three currencies have been seen to have an overall weakness.

With the above briefly explained observation the trading direction that will be favoured for the coming 24 hrs are as follows:

Before you move further this should serve as a note of warning that this analysis are not specific trades. So do not blindly in anyway place a trade in the directions mention in this analysis. Make sure you use and I repeat you make use of your very own forex trading strategy that has been working for you and take a look at the setups that I have mentioned check to see if they are the same direction as my daily analysis.

Buy these trades---- GBP/NZD, EUR/AUD, EUR/CAD, EUR/NZD.

Sell these trades---- AUD/JPY and NZD/JPY.


Good luck and happy piping everyone.

FOREX TRADING STRATEGY REVIEWS FOR BEGINNERS.
Re: Forex Trading - Season 15 by frenchman2: 5:19am On Mar 26, 2015
sold nzdchf at.7302 tp .7162
spotted a double top formation. neckline and trendline both successfully broken

sold gbpjpy at 177.57 tp 175.87
sold nzdusd at .7582 tp 7486

let's see how they play out.

NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

Re: Forex Trading - Season 15 by Nobody: 6:15am On Mar 26, 2015
infofirst:

Not all trade end in profit n it's better he follow his strategy n lose than follow advice to do the opposite of his strategy moreover he has been recording more winnings than losses. Cheers.
Very true bro but it's not so much the no of winnings versus losses that really matter but rather the risk/reward ratio. One loss may erase last ten profits if risk/reward ratio is not right.

1 Like

Re: Forex Trading - Season 15 by dukum: 7:43am On Mar 26, 2015
Nothing they pain pass when you get stopped out or close your trades manually only to come bck and see dem close to 100pips in d direction of your bias(Gj and audcad).*standing aside is also a position,hehe.good day guys

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