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Forex Trading - Season 15 - Business (243) - Nairaland

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Re: Forex Trading - Season 15 by frenchman2: 7:32am On Aug 06, 2015
Just bought eurnzd 1.6700 sl .6657 tp 6800
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 frenchman2: 7:34am On Aug 06, 2015
I had barely pulled the trigger and sl taken
licking my wound
we move on
Re: Forex Trading - Season 15 by Nobody: 7:37am On Aug 06, 2015
Shevychen2:


They don't need any additional information. They can reverse money to the card it originated from and it will go the linked account. When you get the alert you will see it is counted as a "refund".

Brilliant! Thank you.

One last thing, please. I know that earlier in the year when I made a deposit with that card, my bank charged me almost 240 on every dollar. I've just spoken with my bank and today's rate stands at 199. In your case, especially since it's a "refund", please what was the rate used to convert your withdrawal: Was it the rate used when you deposited OR the current bank's rate? I ask because ForexTime insists they sent out my funds in USD and it will be up to my bank here to do the conversion.
Re: Forex Trading - Season 15 by frenchman2: 7:38am On Aug 06, 2015
frenchman2:
just bought eurcad 1.4373
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

closed trade manually with -5pips
Re: Forex Trading - Season 15 by Nobody: 7:38am On Aug 06, 2015
frenchman2:
I had barely pulled the trigger and sl taken
licking my wound
we move on

Wait, so you've basically just lost 43 pips in the last few minutes?

Lemme go look at that chart and see what's making it rampant...
Re: Forex Trading - Season 15 by Shevychen2: 7:43am On Aug 06, 2015
brainbucks:


Brilliant! Thank you.

One last thing, please. I know that earlier in the year when I made a deposit with that card, my bank charged me almost 240 on every dollar. I've just spoken with my bank and today's rate stands at 199. In your case, especially since it's a "refund", please what was the rate used to convert your withdrawal: Was it the rate used when you deposited OR the current bank's rate? I ask because ForexTime insists they sent out my funds in USD and it will be up to my bank here to do the conversion.

Lol.. You will get the CBN rate. That's where they chop us. Mine was done when they charged me 200 for sending and I received the refund at the rate of 160 at the time. One of my friends funded for 230 recently and received at 199.
Re: Forex Trading - Season 15 by amolak: 7:46am On Aug 06, 2015
amolak:
I beg, oga at the top help me, I have some indicators in my Navigator that is not showing in my chart, while I was trying to paste. please what can I do about it?
Is there no solution to this problem? please somebody helps me
Re: Forex Trading - Season 15 by Nobody: 7:46am On Aug 06, 2015
Shevychen2:


Lol.. You will get the CBN rate. That's where they chop us. Mine was done when they charged me 200 for sending and I received the refund at the rate of 160 at the time. One of my friends funded for 230 recently and received at 199.

Chisos!!!

That's beyond depressing. Thanks a lot though.
Re: Forex Trading - Season 15 by Shevychen2: 7:48am On Aug 06, 2015
frenchman2:
I had barely pulled the trigger and sl taken
licking my wound
we move on

Look at that your circled area.. See how price has refused to close above 6780 since 16th of July. This is the 4th rejection at that level which is great for some of us.
Re: Forex Trading - Season 15 by Nobody: 7:49am On Aug 06, 2015
amolak:
Is there no solution to this problem? please somebody helps me

Perhaps someone might have an idea if you were clearer with your request. Here, I can't even pretend I have the slightest clue what you're getting at. Just be clearer.
Re: Forex Trading - Season 15 by Shevychen2: 7:57am On Aug 06, 2015
amolak:
Is there no solution to this problem? please somebody helps me

I'll try.

Is the indicator a .mq4 file? Did you copy it into the right folder? If not open your MT4, click on file, click on open data folder, when the folder opens click on MQL4 folder, then open the indicator folder and paste the file. Close and restart your MT4. You can also copy .ex4 files this way but some of them won't work. If the indicator is in the right place in your navigator and it is not showing, it is most likely and .ex4 file with a small grey icon on it instead of the standard gold icon.

Good luck o.
Re: Forex Trading - Season 15 by amolak: 8:10am On Aug 06, 2015
brainbucks:


Perhaps someone might have an idea if you were clearer with your request. Here, I can't even pretend I have the slightest clue what you're getting at. Just be clearer.
I have copied and pasted the indicator into a folder. the problem is this, when i double click it, small window supposes to pop up which is not, i drag it no way, so that i can be able to attach it to a chart
Re: Forex Trading - Season 15 by amolak: 8:19am On Aug 06, 2015
Shevychen2:


I'll try.

Is the indicator a .mq4 file? Did you copy it into the right folder? If not open your MT4, click on file, click on open data folder, when the folder opens click on MQL4 folder, then open the indicator folder and paste the file. Close and restart your MT4. You can also copy .ex4 files this way but some of them won't work. If the indicator is in the right place in your navigator and it is not showing, it is most likely and .ex4 file with a small grey icon on it instead of the standard gold icon.

Good luck o.
everything is in right order, it shows in my navigator but to attach it to a chart is the problem. I have been using it before until they upgraded mt4 after that the problem started
Re: Forex Trading - Season 15 by currentprice: 9:29am On Aug 06, 2015
Shevychen2:
Going through forexfactory and found two striking explorers...

http://www.forexfactory.com/dforexangel - This one is some badass EA. Imagine making 3,000 pips in less than 6 days with 98% accuracy!


http://www.forexfactory.com/bidemi12 - This one is a sad one.. It is owned by an old timer here that came back recently to tear up the house a bit before disappearing.

Go through them and think. What you learn from them is up to you
.

you never see anything grin,,, when i was shouting i knew what am shouting on... session 1 memebr indeed grin some trader think posting good english is what trading all about grin grin grin use to be on the explorer,,,,now would't be surprise if he remove it any time from now with this revelation grin grin grin

SEE BELOW TRADING CHART SINCE 2013,,,, HE HAS DISCOVER HOLY GRAIL grin INDEED

Re: Forex Trading - Season 15 by markarov: 9:50am On Aug 06, 2015
currentprice:

you never see anything grin,,, when i was shouting i knew what am shouting on... session 1 memebr indeed grin some trader think posting good english is what trade all about grin grin grin use to be on the explorer,,,,now would't be surprise if he remove it any time from now with this revelation grin grin grin
SEE BELOW TRADING CHART SINCE 2013,,,, HE HAS DISCOVER HOLY GRAIL grin INDEED


grin grin grin As funny as this is, the truth is that the search for holy grail has done has done more harm than good. Traders should be careful.
Re: Forex Trading - Season 15 by beejaay: 9:54am On Aug 06, 2015
brainbucks:


ETX Capital

ETX Capital is a scam.....very very unworthy broker to be with
Re: Forex Trading - Season 15 by Nobody: 9:58am On Aug 06, 2015
beejaay:


ETX Capital is a scam.....very very unworthy broker to be with

Are you forreal? I don't trade with them, yet. But I figured they had to be reputable and reliable since Alpari UK sold all their database of former clients to them. They've been bothering me to transfer to them.

But how did you get to the conclusion that they are a scam and unworthy to trade with??
Re: Forex Trading - Season 15 by FOREXMART(m): 10:00am On Aug 06, 2015
careful if trading today, there's a total of 34 fundamental events till 3pm. Heads up.
Re: Forex Trading - Season 15 by jorel1(m): 10:12am On Aug 06, 2015
FOREXMART:
careful if trading today, there's a total of 34 fundamental events till 3pm. Heads up.
lol cheesy cheesy cheesy 34 fundamentals, well probably you need to filter your economic calendar properly in order of importance.
However there will always be fundamentals, i have come to believe these fundamentals create lots of panic and fear in trading, just focusing on your technicals is sufficient to trade , the so called fundamentals at best or worst case scenario create a spike of 100 pips (loss or gain)..
Most times i am correct with my technicals but due to fear of fundamentals i close the trade only for the price to continue in my direction after the news release.

If you are not comfortable with this then ignore the currency pairs bearing the fundamentals and trade a pair without fundamentals for the day.
or better still get an entry at the right time so as to be far from current price when the news release is out.
Re: Forex Trading - Season 15 by FOREXMART(m): 10:15am On Aug 06, 2015
amolak:
I have copied and pasted the indicator into a folder. the problem is this, when i double click it, small window supposes to pop up which is not, i drag it no way, so that i can be able to attach it to a chart
first things first, is it a .ex4 file or .mq4 file? if it's an mq4 file then it's an old indicator and your mt4 is build 600 so it finds it hard to compile it. Solution: go to the folder, right click and click "open with" in the options select the old meta editor that has an exclamation mark. once it opens don't do anything to the code, just click "compile" now you will have an ex4 and mq4. Copy em back into the MQL4-Indicators folder in your mt4(access that through file-open data folder). If it's an indicator and not an ea or script it will work.
Re: Forex Trading - Season 15 by FOREXMART(m): 10:16am On Aug 06, 2015
jorel1:
lol cheesy cheesy cheesy 34 fundamentals, well probably you need to filter your economic calendar properly in order of importance.
However there will always be fundamentals, i have come to believe these fundamentals create lots of panic and fear in trading, just focusing on your technicals is sufficient to trade , the so called fundamentals at best or worst case scenario create a spike of 100 pips (loss or gain)..
Most times i am correct with my technicals but due to fear of fundamentals i close the trade only for the price to continue in my direction after the news release.

If you are not comfortable with this then ignore the currency pairs bearing the fundamentals and trade a pair without fundamentals for the day.
or better still get an entry at the right time so as to be far from current price when the news release is out.

Lol trust me they are very well filtered.

Re: Forex Trading - Season 15 by jorel1(m): 10:33am On Aug 06, 2015
FOREXMART:


Lol trust me they are very well filtered.

These are the only high impact news releases for the week expected to move or cause commotion in the market this week

GBP Manufacturing PMI
US ISM Manufacturing PMI
AUD Retail Sales m/m
AUD RBA Rate Statement
GBP Services PMI
US ADP NFP Employment
US ISM Non-Manufacturing PMI
Australian Employment Change
UK BOE Interest Rate
Canada Employment Change
US Nonfarm Payroll (NFP)
and Me grin grin
Re: Forex Trading - Season 15 by FOREXMART(m): 10:44am On Aug 06, 2015
jorel1:


These are the only high impact news releases for the week expected to move or cause commotion in the market this week

GBP Manufacturing PMI
US ISM Manufacturing PMI
AUD Retail Sales m/m
AUD RBA Rate Statement
GBP Services PMI
US ADP NFP Employment
US ISM Non-Manufacturing PMI
Australian Employment Change
UK BOE Interest Rate
Canada Employment Change
US Nonfarm Payroll (NFP)
and Me grin grin







Lol@"and me". you don turn fundamentals I see, God make you bigger.
Re: Forex Trading - Season 15 by Nobody: 11:18am On Aug 06, 2015
Today is BANK OF ENGLAND(BoE) supper thursday. ONLY follow your 4hour or daily or weekly technical directions.
This news today can rubbish any 1hour technical direction.
You may even decide to stay out of market till calm returns to market by 4pm Nigerian time(This is what i use to do before i developed MY TRADING STRATEGY).
Meanwhile tomorrow is NFP.
Time to make more money.
Re: Forex Trading - Season 15 by Nobody: 11:21am On Aug 06, 2015
That is exactly the main reason i have decided to stay with a broker like Forextime. http://www.forextime.com/?partner_id=4900129. They are in Nigeria and i can walk down to there office at Abuja or Lagos if they mess up.
beejaay:


ETX Capital is a scam.....very very unworthy broker to be with
Re: Forex Trading - Season 15 by nasyl(m): 11:27am On Aug 06, 2015
Guys, im thinking of patronizing Alpari Nigeria. what do you guys think.
Re: Forex Trading - Season 15 by FOREXMART(m): 12:00pm On Aug 06, 2015
nasyl:
Guys, im thinking of patronizing Alpari Nigeria. what do you guys think.
good it's just a thought for now.
Re: Forex Trading - Season 15 by jorel1(m): 12:04pm On Aug 06, 2015
sell GBP, now
Re: Forex Trading - Season 15 by jorel1(m): 12:05pm On Aug 06, 2015
jorel1:


I think GBPAUD destination is that white MA..i dont see it going up anytime soon
still watchout for my white MA
Re: Forex Trading - Season 15 by nasyl(m): 12:07pm On Aug 06, 2015
FOREXMART:
good it's just a thought for now.

Re: Forex Trading - Season 15 by fxbomovi: 12:33pm On Aug 06, 2015
is gbp rate hike off the table?
Re: Forex Trading - Season 15 by Nobody: 1:05pm On Aug 06, 2015
Yes, see it here.
The losses indicate the rate hike bets took a hit after the BOE minutes> showed only one member in favor of a rate rise as opposed to two to three votes in favor of a rate rise.

Meanwhile, the inflation forecasts for 2015 was halved to 0.3% from 0.6%, which pretty much erased rate hike expectations at the turn of the year. The bank also sounded cautious about the Sterling strength and its disinflationary effect. Moreover, the dovish noise overshadowed the upward revision of the growth forecasts.

fxbomovi:
is gbp rate hike off the table?

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