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Forex Trading - Season 15 - Business (203) - Nairaland

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Re: Forex Trading - Season 15 by jendy36(m): 10:32pm On Jul 07, 2015
Thanks all for the love shown!
Re: Forex Trading - Season 15 by frenchman2: 12:13am On Jul 08, 2015
buy stop order on eurcad 10 pips above yesterday's high
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

Re: Forex Trading - Season 15 by raycolz84: 4:13am On Jul 08, 2015
jendy36:
Exactly @6:35 pm, this day being July 7th, 2015, my sister delivered a healthy baby boy. My little twin kids are now elder brother to someone! Thank Jehovah with me! This one pass 1million pips!!!

Congratulatoins
God's blessings are sure
Re: Forex Trading - Season 15 by rozayx5(m): 5:32am On Jul 08, 2015
drbashfx:
Rlly hope gold has choosen a proprietary direction finally.


In a short trade ,entered

@ 1160



1183 was the area it broke to change the trend

over time i will be posting updates on trend changes on gold as i stopped intraday long ago to focus on swing and position trading on 4h charts
on the long term gold remains bearish. no regrets for sticking to gold for the past one year plus

a close above the sky blue ma will signal temporary buy as the daily chart still stands on its bearish ground

Re: Forex Trading - Season 15 by harizonal123(m): 6:41am On Jul 08, 2015
www.nairaland.com/2434811/cbn-restricts-use-naira-denominated

pls FTA people which e-currency is the best to use in online transactions? Your advice is highly needed

Alert
sell GPB/cad now before it gets too late. You r the boss of your account
Re: Forex Trading - Season 15 by fxbomovi: 7:40am On Jul 08, 2015
harizonal123:
www.nairaland.com/2434811/cbn-restricts-use-naira-denominated

pls FTA people which e-currency is the best to use in online transactions? Your advice is highly needed

Alert
sell GPB/cad now before it gets too late. You r the boss of your account
entry price if u dont mind
Re: Forex Trading - Season 15 by Usolace(m): 7:46am On Jul 08, 2015
just sold AC...
Re: Forex Trading - Season 15 by drbashfx(m): 7:54am On Jul 08, 2015
rozayx5:

1183 was the area it broke to change the trend
over time i will be posting updates on trend changes on gold as i stopped intraday long ago to focus on swing and position trading on 4h charts
on the long term gold remains bearish. no regrets for sticking to gold for the past one year plus
a close above the sky blue ma will signal temporary buy as the daily chart still stands on its bearish ground

You are very right,guess our trade styles are similar,ve a pending buy stop order round that area.I trade 4hrs 2,cos my job won't even allow for a lower time frame,God's blessings to all.
Re: Forex Trading - Season 15 by dorodee(m): 7:55am On Jul 08, 2015
rozayx5:


1183 was the area it broke to change the trend

over time i will be posting updates on trend changes on gold as i stopped intraday long ago to focus on swing and position trading on 4h charts
on the long term gold remains bearish. no regrets for sticking to gold for the past one year plus

a close above the sky blue ma will signal temporary buy as the daily chart still stands on its bearish ground


Newbies this is one Oga to watch... I followed him until he disappeared. Tuaaleh sir!
Re: Forex Trading - Season 15 by Capitals: 8:10am On Jul 08, 2015
Capitals:

No more trades for me, I need to make sure if all my position reverse my account can still handle it. Trades doing good though, but in this game reversals happen. Still have my three trades from last week and have added just three more. I ll just manage these till at least one hits sl or TP (Preferably tp), wish me luck wink wink wink

After 2 weeks, tp in view

Re: Forex Trading - Season 15 by mrikay: 8:14am On Jul 08, 2015
Capitals:

After 2 weeks, tp in view
Please, which trade is this?
Re: Forex Trading - Season 15 by drbashfx(m): 8:24am On Jul 08, 2015
smiley
rozayx5:

1183 was the area it broke to change the trend
over time i will be posting updates on trend changes on gold as i stopped intraday long ago to focus on swing and position trading on 4h charts
on the long term gold remains bearish. no regrets for sticking to gold for the past one year plus
a close above the sky blue ma will signal temporary buy as the daily chart still stands on its bearish ground

Abeg which ma be the sky blue,cos I get the yellow one for my chart,won't mind adding the sky blue one o.thank you in advance oga rozay.
Re: Forex Trading - Season 15 by jorel1(m): 8:28am On Jul 08, 2015
There are time when you just have to ignore your rules and trade defensive..
its not exact science
Re: Forex Trading - Season 15 by Capitals: 8:30am On Jul 08, 2015
mrikay:


Please, which trade is this?

Gbpchf sell, been on for a while. Hope thats what you meant

1 Like

Re: Forex Trading - Season 15 by mrikay: 8:36am On Jul 08, 2015
Capitals:

Gbpchf sell, been on for a while. Hope thats what you meant
Yes, thank you.
Re: Forex Trading - Season 15 by mrikay: 8:38am On Jul 08, 2015
fxbomovi:
also bught ej. am selling now

what do u think

Please if you ever decide to abandon this Eur/Jpy sell, please sound the alarm so I too can flee!
Re: Forex Trading - Season 15 by Capitals: 8:42am On Jul 08, 2015
drbashfx:
smiley

Abeg which ma be the sky blue,cos I get the yellow one for my chart,won't mind adding the sky blue one o.thank you in advance oga rozay.

My 2 cents today (not like its worth anything)
I think its best you try to figure out this thing without indicators. Some use support and resistance, others supply and demand and so on. I m more comfortable with supply and demand co I got my proofs from the bible ( angryhope I wont get called names now angry) Dntwant to type much so I ll try to summarise....
There was an instance in the bible were there was famine, and the prophet said by this time tomorow a morsel of wheat will be sold for so cheap, an expert said even if God opens up the windows of heaven its not possible, and it happened as the prophet had said, why?

Some lepers approached the camp of their enemies and the enemies fled leaving behind surplus of goods. The people went in to get the spoils and all of a sudden there was surplus supply, everyone had food and didn't need to buy anymore. and wherevr the is surplus supply and no buyers prices naturally tank. Thats how the prophesy was fulfilled. Hope it makes sense to at least one person.
I m out but open to critism

1 Like

Re: Forex Trading - Season 15 by mrikay: 8:50am On Jul 08, 2015
Capitals:


My 2 cents today (not like its worth anything)
I think its best you try to figure out this thing without indicators. Some use support and resistance, others supply and demand and so on. I m more comfortable with supply and demand co I got my proofs from the bible ( angryhope I wont get called names now angry) Dntwant to type much so I ll try to summarise....
There was an instance in the bible were there was famine, and the prophet said by this time tomorow a morsel of wheat will be sold for so cheap, an expert said even if God opens up the windows of heaven its not possible, and it happened as the prophet had said, why?

Some lepers approached the camp of their enemies and the enemies fled leaving behind surplus of goods. The people went in to get the spoils and all of a sudden there was surplus supply, everyone had food and didn't need to buy anymore. and wherevr the is surplus supply and no buyers prices naturally tank. Thats how the prophesy was fulfilled. Hope it makes sense to at least one person.
I m out but open to critism

I thoroughly agree with this statement, even though I feel it will work better for comodities like gold, oil, etc, where there could be clearer demand.
Re: Forex Trading - Season 15 by Shevychen2: 8:52am On Jul 08, 2015
harizonal123:
www.nairaland.com/2434811/cbn-restricts-use-naira-denominated

pls FTA people which e-currency is the best to use in online transactions? Your advice is highly needed


You cannot use the card abroad but you can use it online within the $300 limit per day. Mind you, if you deposit with the card, only the initial capital will be refunded to the card. Profits will be withdrawn through bankwire. At least that's how it is for most brokers.

1 Like

Re: Forex Trading - Season 15 by Capitals: 8:55am On Jul 08, 2015
mrikay:


I thoroughly agree with this statement, even though I feel it will work better for comodities like gold, oil, etc, where there could be clearer demand.

I think Markets are markets, it applies even to our local superstores thats why thy have clearance sales every once in a while at a discount, to get rid of goods that have little to no demand. If we focus on just your chat without indicators, we could be able to spot supply and demand with time and practice
Re: Forex Trading - Season 15 by Nobody: 9:05am On Jul 08, 2015
EA and GA but doing good. Bought GU, GJ and DJIA.
Re: Forex Trading - Season 15 by currentprice: 9:26am On Jul 08, 2015
currentprice:



take over for where,,,,,yet to handover to anybody. my teeth is very complete and ready to shine it any time grin

by the way,,,,EJOMA (EJ) rejected support 133.50 this might be the start of reversal so review your GJ or do the needful.

in order way EA, EU, EJ,,,,,, let say all euro pair begin to have new look on my chart,,,,, be careful if you wish them falling... they need to run to certain level before i can join the plane


i hope somebody took the euro pair shout seriously grin Candle never lies

@ Capital God bless you,,,,,,,, if only new traders would learn,,,,,, the candle on your chart says everything you need to do at the right time. it doesn't means you wouldn't loose but i tell you even your wrong trade will be minimal if you listen to your chart,,,,,, let me tell you until you let go indicator completely then success is very sure


ps: i have load of positive pips running on EA and EU

now clue your eyes on GU it about to happen if you know.
Re: Forex Trading - Season 15 by fxbomovi: 9:38am On Jul 08, 2015
mrikay:


Please if you ever decide to abandon this Eur/Jpy sell, please sound the alarm so I too can flee!

u can exit bro. i exited yesterday @ 133.90
Re: Forex Trading - Season 15 by infofirst(m): 9:46am On Jul 08, 2015
naijababe:
EA and GA but doing good. Bought GU, GJ and DJIA.

That gu... My eyes looking at 1.534*...so a buy around 15360 is what am considering... Wish u d best from this.


I greet all.
Re: Forex Trading - Season 15 by infofirst(m): 9:51am On Jul 08, 2015
Capitals:
have added just three more. I ll just manage these till at least one hits sl or TP (Preferably tp), wish me luck wink wink wink

Wish u good luck
Re: Forex Trading - Season 15 by drbashfx(m): 9:59am On Jul 08, 2015
Capitals:

My 2 cents today (not like its worth anything)
I think its best you try to figure out this thing without indicators. Some use support and resistance, others supply and demand and so on. I m more comfortable with supply and demand co I got my proofs from the bible ( angryhope I wont get called names now angry) Dntwant to type much so I ll try to summarise....
There was an instance in the bible were there was famine, and the prophet said by this time tomorow a morsel of wheat will be sold for so cheap, an expert said even if God opens up the windows of heaven its not possible, and it happened as the prophet had said, why?
Some lepers approached the camp of their enemies and the enemies fled leaving behind surplus of goods. The people went in to get the spoils and all of a sudden there was surplus supply, everyone had food and didn't need to buy anymore. and wherevr the is surplus supply and no buyers prices naturally tank. Thats how the prophesy was fulfilled. Hope it makes sense to at least one person.
I m out but open to critism


thanks for your observation.am a purely price action guy anyway,that up there is a guy with an open mind who is always ready to learn new things which is in keeping with the dynamic nature of this market,especially from guys like rozay,seyejohn that trade gold majorly.

We shouldn't be 2 close-minded and to currentprice this aint no newbie-if only u know d story.

Really appreciate the 2cents dudes,God's blessings to all.
Re: Forex Trading - Season 15 by Capitals: 10:00am On Jul 08, 2015
currentprice:


i hope somebody took the euro pair shout seriously grin Candle never lies

@ Capital God bless you,,,,,,,, if only new traders would learn,,,,,, the candle on your chart says everything you need to do at the right time. it doesn't means you wouldn't loose but i tell you even your wrong trade will be minimal if you listen to your chart,,,,,, let me tell you until you let go indicator completely then success is very sure


ps: i have load of positive pips running on EA and EU

now clue your eyes on GU it about to happen if you know.

Yep, all the indicators available to the expert in that story pointed that prices can only increase or base at best. There are guys that make it using indicators, but I think the risk and time to master it isnt worth the effort. And they use their indicators in combination with sup/demand or supprt/resistance so why not invest time perfecting the others instead
Re: Forex Trading - Season 15 by rozayx5(m): 10:12am On Jul 08, 2015
drbashfx:
smiley

Abeg which ma be the sky blue,cos I get the yellow one for my chart,won't mind adding the sky blue one o.thank you in advance oga rozay.

its a smoothed ma
google .. golden strategy by russ horn..
download and study
if indicators work for u. follow them so does pa also
PA does not work for every one.. cause it means different things to different traders
if traders on wall street use them .then i guess its useful

me i stuck to it. and it paid.. there are pa dons whp have been trading since 2005 ..nothing to show. so stick to what works for you.

when u leave small timeframes to 4hr plus .. you see better.. those 2 lines give me peace of mind and tell at a glance where the gold market is headed...

5 Likes

Re: Forex Trading - Season 15 by Nobody: 10:18am On Jul 08, 2015
infofirst:


That gu... My eyes looking at 1.534*...so a buy around 15360 is what am considering... Wish u d best from this.


I greet all.

If it gets below 15480 I will get out although I will keep my sl open because of the budget statement at 12pm
Re: Forex Trading - Season 15 by Capitals: 10:19am On Jul 08, 2015
infofirst:


Wish u good luck
Thanks bro, Gbpchf finally hit tp after 2weeks. (Used to it though, some take longer than 2wks). This has freed up some for me to risk on a new trade
Re: Forex Trading - Season 15 by Shevychen2: 10:42am On Jul 08, 2015
The PA topic yet again.. It can mean anything to anyone and can be applied in dozens of ways.

No particular style of trading is the best. As long as your account grows by a minimum 20% per month while using REASONABLE RISK, keep doing what you are doing because you are better than thousands of traders.

Welcome back oga Rozayx5 smiley

1 Like

Re: Forex Trading - Season 15 by Capitals: 10:48am On Jul 08, 2015
rozayx5:


its a smoothed ma
google .. golden strategy by russ horn..
download and study
if indicators work for u. follow them so does pa also
PA does not work for every one.. cause it means different things to different traders
if traders on wall street use them .then i guess its useful

me i stuck to it. and it paid.. there are pa dons whp have been trading since 2005 ..nothing to show. so stick to what works for you.

when u leave small timeframes to 4hr plus .. you see better.. those 2 lines give me peace of mind and tell at a glance where the gold market is headed...

This is why the markets as so fascinating and humbling to me, several peeps will differing points of view on a particular subject and all could be right at the same time

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