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Forex Trading - Season 15 - Business (100) - Nairaland

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Re: Forex Trading - Season 15 by endfx1(m): 10:59am On Mar 31, 2015
GJ

Sell stop @ 117.16

SL @ 117.64

TP @ 175.40

Apply due diligence
Re: Forex Trading - Season 15 by seyejohn94: 11:02am On Mar 31, 2015
seyejohn94:

1183.9 hit... Offloaded some positions cos i didn't wanna move stp next point of call is 1177.0/3.5 area... Price might wanna react there.... Jus switch to daily chart and u'll 1160 Looking realistic... will look to add to position upon retrace

Offloaded a chunk of my position.... Moved stp to be+200 looking @ 1160 b4 nfp.. Don't wanna b in any position during nfp... Cut ur losses short, let ur profits run principle....
Re: Forex Trading - Season 15 by Nobody: 12:01pm On Mar 31, 2015
naijababe:
Bought DJIA again, 50 pips sl . Aiming for 1806x area

-50 pips, the week is early yet.
Re: Forex Trading - Season 15 by Nobody: 12:02pm On Mar 31, 2015
Ideally, I'd be selling DJIA straightaway but I wont because all kind of magic might happen during NY session. I am bullish biased on GJ but who knows sha
Re: Forex Trading - Season 15 by adeniyia33(m): 12:19pm On Mar 31, 2015
Yes,
Everything points at LONG on GPB,

In fact, I just enter LONG ON GU, watching sha

naijababe:
Ideally, I'd be selling DJIA straightaway but I wont because all kind of magic might happen during NY session. I am bullish biased on GJ but who knows sha
Re: Forex Trading - Season 15 by Nobody: 12:38pm On Mar 31, 2015
adeniyia33:
Yes,
Everything points at LONG on GPB,

In fact, I just enter LONG ON GU, watching sha


Bought GJ at 177.45, sl at 176.90. I am expecting it to get to 18010 sometime this week sha

2 Likes

Re: Forex Trading - Season 15 by adeniyia33(m): 12:44pm On Mar 31, 2015
Yeah,
Your judgement of the trend was in order.. Also Batlling with some red devils here on UG

naijababe:


Bought GJ at 177.45, sl at 176.90. I am expecting it to get to 18010 sometime this week sha
Re: Forex Trading - Season 15 by adeniyia33(m): 1:45pm On Mar 31, 2015
[center]THIS MIGHT HELP[/center]

1. Gamblers go to casino. All unproved, spontaneous actions in Forex trading — are a part of pure gambling.
Any attempt to trade without analysis and studying the market is equal to a game. Games are fun except when you lose real money...

2. Never invest money into a real Forex account until you practice on a Forex Demo account!

3. Go with the trend! – Trend is ur friend

4. Always take a look at the time frame larger than the one you've chosen to trade with.
It gives the bigger picture of market price movements and thus helps to clearly define the trend. For example, when trading with 15 minute time frame, take a look at 1 hour charts.

5. Never risk more than 2-3% of the total trading account
One important difference between a successful and an unsuccessful trader is that the first is able to survive under unfavorable market conditions, while an unsuccessful trader will lose his account after 10-15 unprofitable trades in a row

6. Put emotions down. Trade calm
Don't try to revenge after losing a trade. Don't be greedy by adding lots of positions when winning. >>>>>>>>>Overreaction blocks clear thinking and as a result will cost you money. Overtrading can shake your money management and dramatically increase trading risks.

7. Choose the time frame that is right for you.
Choosing wisely means that you are comfortable and have enough time to analyze the market, place and close orders etc. Some people can't wait for hours for the price to make a move, they like action and therefore prefer smaller time frames.

Cheers!
Re: Forex Trading - Season 15 by endfx1(m): 3:31pm On Mar 31, 2015
endfx1:
GJ

Sell stop @ 117.16

SL @ 117.64

TP @ 175.40

Apply due diligence

SL hit....
Re: Forex Trading - Season 15 by dukum: 3:47pm On Mar 31, 2015
endfx1:


SL hit....

me dey wonder why dat thing rally like that.
Re: Forex Trading - Season 15 by austynoh: 3:52pm On Mar 31, 2015
Possible trade set-up on EUR/GBP for sell trade:

Re: Forex Trading - Season 15 by austynoh: 4:06pm On Mar 31, 2015
keep an eye on eurjpy for a sell trade as well...

Re: Forex Trading - Season 15 by dukum: 4:06pm On Mar 31, 2015
austynoh:
Possible trade set-up on EUR/GBP for sell trade:

good analysis bro,it should also be noted that the upward trendline from 11th march has been broken,good rr on that trade.
Re: Forex Trading - Season 15 by ayox2003: 4:31pm On Mar 31, 2015
Analysts,

Buhari's projected to win the election, Naira has gained against the dollar!!!!!


grin


Frawzey
Re: Forex Trading - Season 15 by seyejohn94: 6:55pm On Mar 31, 2015
seyejohn94:

Offloaded a chunk of my position.... Moved stp to be+200 looking @ 1160 b4 nfp.. Don't wanna b in any position during nfp... Cut ur losses short, let ur profits run principle....

Get ready to pull d re-entry trigger on gold...
Re: Forex Trading - Season 15 by seyejohn94: 7:04pm On Mar 31, 2015
seyejohn94:


Get ready to pull d re-entry trigger on gold...

My oga @ d top said Nigeria is celebrating... I shud go and relax and not pull d trigger....
Re: Forex Trading - Season 15 by Nobody: 9:00pm On Mar 31, 2015
Closed GJ buy at 58 pips, I dont want any abracadabra overnight.
Re: Forex Trading - Season 15 by needinfo: 10:07pm On Mar 31, 2015
naijababe:


Bought GJ at 177.45, sl at 176.90. I am expecting it to get to 18010 sometime this week sha
take a look at this chart.i placed a sell order and as soon as it filled me in the market, the profit showed -40, why is it so.also, on the second image,i saw something when i wanted to look at pending order for euro/usd, it says open price you set must differ from market price by at least 40 pips.does it mean they their spread is over 40 pips.

Re: Forex Trading - Season 15 by dukum: 10:21pm On Mar 31, 2015
needinfo:
take a look at this chart.i placed a sell order and as soon as it filled me in the market, the profit showed -40, why is it so.also, on the second image,i saw something when i wanted to look at pending order for euro/usd, it says open price you set must differ from market price by at least 40 pips.does it mean they their spread is over 40 pips.

since the info posted here hasn't helped you thus far, i would advice you contact your broker through the live chat window on there site.they would be in a better position to explain things to you.Goodluck.
Re: Forex Trading - Season 15 by infofirst(m): 10:22pm On Mar 31, 2015
If it can take Buhari 12years to contest prepare and eventually become a president....how then do you as a trader want to become a successful trader within a day. Lesson from the election.
Re: Forex Trading - Season 15 by jammer777: 11:06pm On Mar 31, 2015
naijababe:
Closed GJ buy at 58 pips, I dont want any abracadabra overnight.

Mam, which broker do u trade Dow Jones on?
Re: Forex Trading - Season 15 by fxbomovi: 11:29pm On Mar 31, 2015
fxbomovi:
sold nu @0.7473 to 0.7305. s.l @0.7497
stop hit.

sold again @7465 to 7305. 7483 sl
Re: Forex Trading - Season 15 by fxbomovi: 11:30pm On Mar 31, 2015
infofirst:
If it can take Buhari 12years to contest prepare and eventually become a president....how then do you as a trader want to become a successful trader within a day. Lesson from the election.
he's lost 4 times (16years)
Re: Forex Trading - Season 15 by adeniyia33(m): 6:54am On Apr 01, 2015
Trading now

Pair: EJ

Position: LONG

Analysis: MA Crossover

Watching
Re: Forex Trading - Season 15 by fxbomovi: 7:27am On Apr 01, 2015
fxbomovi:
stop hit.

sold again @7465 to 7305. 7483 sl
stop hit again.

my eyes are on eu now to sell, still waiting
Re: Forex Trading - Season 15 by timiwillson: 7:46am On Apr 01, 2015
Re: Forex Trading - Season 15 by Nobody: 9:50am On Apr 01, 2015
jammer777:


Mam, which broker do u trade Dow Jones on?

Try FXCM
Re: Forex Trading - Season 15 by dukum: 10:27am On Apr 01, 2015
adeniyia33:
Trading now

Pair: EJ

Position: LONG

Analysis: MA Crossover

Watching
Watch ur daily chart bro,all i see is bearishness.... I could wrong tho

1 Like

Re: Forex Trading - Season 15 by Nobody: 11:02am On Apr 01, 2015
No opportunity to enter trade yet on my side.
Re: Forex Trading - Season 15 by timiwillson: 12:37pm On Apr 01, 2015
Am happy to show Forex traders the technical report for today's market
check here for more info http://www.forex1960.com/
Re: Forex Trading - Season 15 by Nobody: 1:01pm On Apr 01, 2015
Selling DJIA, 60 pips sl

Re: Forex Trading - Season 15 by timiwillson: 1:36pm On Apr 01, 2015
eurusd is really buying now!!!
get more technical analysis here www.forex1960.com

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