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Forex Trading Alerts - Season 16 - Business (118) - Nairaland

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Re: Forex Trading Alerts - Season 16 by prettyboey(m): 10:52pm On Apr 11, 2016
My problem : It's either I enter my setups very early or too late.
Solution for : 1.Very early entry : be patient, be patient, be patient, be patient , be patient, be patient, be patient, be patient, be patient.
Solution for : 2.Too late entry : Forget the trade when you are late, forget the trade, forget the trade, forget the trade, forget the trade.
Dont forget these two things ( talking to myself)

4 Likes

Re: Forex Trading Alerts - Season 16 by currentprice: 11:04pm On Apr 11, 2016
^ grin grin grin

how will you know grin, when some pair just started journey after some move grin grin


my 1st call on crude oil last week was at 35 plus, at 37plus you think is late to enter now is 40plus grin
Re: Forex Trading Alerts - Season 16 by Nobody: 11:29pm On Apr 11, 2016
The first problem is not rather a problem really... Just use a wider stop and also put in your analysis when the trade has gone against you into the stop loss... Just keep observing how you pick trades and exit,you will get better. I have observed for my own that I exit pretty very early but as long as it keeps bringing in the profit while I keep working in myself there is no problem really.
"When you know you have a problem and state it out that it's a problem, then it's really not a problem but just a source of concern to you "- anonymous.
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 11:42pm On Apr 11, 2016
prettyboey:
My problem : It's either I enter my setups very early or too late.
Solution for : 1.Very early entry : be patient, be patient, be patient, be patient , be patient, be patient, be patient, be patient, be patient.
Solution for : 2.Too late entry : Forget the trade when you are late, forget the trade, forget the trade, forget the trade, forget the trade.
Dont forget these two things ( talking to myself)
Dear, mate you said it all, I'm still trying to master this act myself.
I was up 400 pips now closed at 20 pips very said, still managing to ignore tempting false setup and greed in particular.
You spoke my heart today completely.

Regards,
EF
Re: Forex Trading Alerts - Season 16 by prettyboey(m): 11:59pm On Apr 11, 2016
shalom123:
The first problem is not rather a problem really... Just use a wider stop and also put in your analysis when the trade has gone against you into the stop loss... Just keep observing how you pick trades and exit,you will get better. I have observed for my own that I exit pretty very early but as long as it keeps bringing in the profit while I keep working in myself there is no problem really.
"When you know you have a problem and state it out that it's a problem, then it's really not a problem but just a source of concern to you "- anonymous.
Thanks bro for your kind and encouraging words...

Feshizzy:

Dear, mate you said it all, I'm still trying to master this act myself.
I was up 400 pips now closed at 20 pips very said, still managing to ignore tempting false setup and greed in particular.
You spoke my heart today completely.
Regards,
EF
At least am not alone ..bro we go overcome, I have already started to ignore setups which odds' are not much in my favor
Also, i am learning to use pending orders more often, I think it will help to bring the best in me.
Re: Forex Trading Alerts - Season 16 by surveycash(m): 12:18am On Apr 12, 2016
jorel1:
Fundamentally speaking any trade taken after this recent USD pairs recovery towards a bullish USD should last for quite a while at least 5 years...from an investor"s point of view. (The higher interest rates imposed in december will lower the supply of $$ by making it more expensive to obtain for foreign investors coming with foriegn currencies, increasing the demand for and value of the USD in long term). . so I would suggest you reserve one long term trade on a USD pair for printing steady $$ for u and ignore it while continuing with your dailies.
A tip from a novice..

Agree, technically speaking. Usdchf should turn bullish around 0.9300 region
Re: Forex Trading Alerts - Season 16 by surveycash(m): 12:19am On Apr 12, 2016
Edd1e:
Meanwhile, you people should keep a close eye on EURGBP, The BIG Long-term SELLING is about to begin or has already begun...grin grin grin

Been holding a sell for 5 days now @ 0.8028 targeting 0.7750 region.
Re: Forex Trading Alerts - Season 16 by Nobody: 12:48am On Apr 12, 2016
pls guys, help a newbie out... is forextime.ng the same with forextime? And also is instaforex.ng the same with instaforex?
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 5:37am On Apr 12, 2016
surveycash:


Been holding a sell for 5 days now @ 0.8028 targeting 0.7750 region.
Nice catch Sir, we are in this together, also supporting ur view on USDCHF, Let's see how that plays out. Happy Pippin'...grin grin grin

1 Like

Re: Forex Trading Alerts - Season 16 by Edd1e(m): 5:40am On Apr 12, 2016
MEKKY77:
pls guys, help a newbie out... is forextime.ng the same with forextime? And also is instaforex.ng the same with instaforex?
just go to the '.com' version of the website, that way u r sure if u r on the right domain. simple...

1 Like

Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 6:22am On Apr 12, 2016
surveycash:


Agree, technically speaking. Usdchf should turn bullish around 0.9300 region
i concur with this too
Re: Forex Trading Alerts - Season 16 by surveycash(m): 6:40am On Apr 12, 2016
MEKKY77:
pls guys, help a newbie out... is forextime.ng the same with forextime? And also is instaforex.ng the same with instaforex?

.ng should be the Nigerian offices.

1 Like

Re: Forex Trading Alerts - Season 16 by abbeyforex(m): 6:47am On Apr 12, 2016
MEKKY77:
pls guys, help a newbie out... is forextime.ng the same with forextime? And also is instaforex.ng the same with instaforex?


Forextime.com is the real link nothing like .ng , Forextime is the broker I use.

1 Like

Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 6:57am On Apr 12, 2016
sweetmaris:
Buy GJ now
Stop loss at 152.81
Fingers crossed

NB; if it crosses my stop with 25 pips am going to sell



Watching patiently like a hawk...
I hope to hit my target before 9am
Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 7:31am On Apr 12, 2016
Good Morning Pip Killaz,

taking my first trade after a long rest..its the GBP/CHFs...

Happy Slashing

Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 7:52am On Apr 12, 2016
Yes yes yes....A second setup (USD/CADs) is ready to dance

Happy Slashing

Re: Forex Trading Alerts - Season 16 by nolly042(m): 10:07am On Apr 12, 2016
hope EU has made up its mind to go south cos it must not pass this week looking at the weekly TF.
still riding my ECAD short of yesterday
Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 10:20am On Apr 12, 2016
sweetmaris:



Watching patiently like a hawk...
I hope to hit my target before 9am

Target met
With extra +50

Done for the day
Re: Forex Trading Alerts - Season 16 by prettyboey(m): 10:27am On Apr 12, 2016
So afterall this EURUSD breakout, its was a fakey ? shocked shocked
Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 10:54am On Apr 12, 2016
sweetmaris:


Target met
With extra +50

Done for the day

Am going to slightly break d rules today
From the extra 50 pips
Am going to risk 30 pips for another buy
If I see a little retracement on the hourly chart

The 4hr chart has a date with 156.xx

Noffin to lose
Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 11:04am On Apr 12, 2016
Bought

Again
Re: Forex Trading Alerts - Season 16 by nolly042(m): 11:18am On Apr 12, 2016
my last week's losses recovered from today's GJ trade. pheww... my confidence is back now.

just left with ECAD short.
Re: Forex Trading Alerts - Season 16 by Nobody: 11:22am On Apr 12, 2016
thanks alot guys...
Re: Forex Trading Alerts - Season 16 by austynoh: 11:49am On Apr 12, 2016
Feshizzy:

Dear, mate you said it all, I'm still trying to master this act myself.
I was up 400 pips now closed at 20 pips very said, still managing to ignore tempting false setup and greed in particular.
You spoke my heart today completely.

Regards,
EF

Once you've mastered your set-ups,then you should have what patterns or P.A's you look-out for before you pull the trigger...In my own case I know when to enter a trade and when not to enter;it's all about precision and sticking to your rules.

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 12:05pm On Apr 12, 2016
Alright alright alright... Gbpusd and Ger30 played the scripts accordingly but Ger30 misbehaving alittle.
Who saw Eurusd break out of the .1417 level...it's Christmas and goodies everywhere. grin
REGAL FX
Re: Forex Trading Alerts - Season 16 by Nobody: 12:10pm On Apr 12, 2016
If Gbpusd close above 1.4349 by or before 2pm,gonna add to the long term buy. Meanwhile, Eurusd 4hr tf candle close above .1417 let's see what today's candle will do.
Re: Forex Trading Alerts - Season 16 by Nobody: 1:31pm On Apr 12, 2016
shalom123:
If Gbpusd close above 1.4349 by or before 2pm,gonna add to the long term buy. Meanwhile, Eurusd 4hr tf candle close above .1417 let's see what today's candle will do.
Just bought eurusd with 30pips stop loss...TP open
Reason for buy below

Re: Forex Trading Alerts - Season 16 by Nobody: 1:50pm On Apr 12, 2016
sweetmaris:


Am going to slightly break d rules today
From the extra 50 pips
Am going to risk 30 pips for another buy
If I see a little retracement on the hourly chart

The 4hr chart has a date with 156.xx

Noffin to lose
Sis, please dont be offended with this, breaking your own rule after you have made a good pips is not advisable. Thats what is killing many fx traders most, not the brokers manipulation. Getting some good pips outta market is work on its own. Maintaining it is another headache, when you set a rule and win it, thats great. Some will wait for their TP to reach when they can as well as close it for good, solid pips until 100pips turn back to negative within few hours. Anyting can happen in a seconds. I may not make sense, but i know where i am coming from and what i have seen in fx market to become a good trader.
Sometimes we need to close our platform for another day or good set up so that you wont loose your pips to impatience. Gradual increase in pips/gain over time is what is sweet, but to get that, rule must not be broken. Good day

4 Likes

Re: Forex Trading Alerts - Season 16 by Nobody: 2:20pm On Apr 12, 2016
Eurusd buy closed with -7pips... undecided
The last 4 hour candle closed below a sell level...So,am not selling or buying but standing aside for today's close.

1 Like

Re: Forex Trading Alerts - Season 16 by omejeo: 2:30pm On Apr 12, 2016
mkt don change direction shocked
Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 3:51pm On Apr 12, 2016
priceaction:

Sis, please dont be offended with this, breaking your own rule after you have made a good pips is not advisable. Thats what is killing many fx traders most, not the brokers manipulation. Getting some good pips outta market is work on its own. Maintaining it is another headache, when you set a rule and win it, thats great. Some will wait for their TP to reach when they can as well as close it for good, solid pips until 100pips turn back to negative within few hours. Anyting can happen in a seconds. I may not make sense, but i know where i am coming from and what i have seen in fx market to become a good trader.
Sometimes we need to close our platform for another day or good set up so that you wont loose your pips to impatience. Gradual increase in pips/gain over time is what is sweet, but to get that, rule must not be broken. Good day



Am very grateful for the above post
I got served...
Lost 30pips
Now I learnt the hard way

Thanks once again
That what the thread should be meant for
Watching each other's back

3 Likes

Re: Forex Trading Alerts - Season 16 by Kashif(m): 4:39pm On Apr 12, 2016
PIPsharingan:
Good Morning Pip Killaz,

taking my first trade after a long rest..its the GBP/CHFs...

Happy Slashing

Nice spotting. Got in yesterday.

1 Like

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