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Forex Trading Alerts - Season 16 - Business (178) - Nairaland

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Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 7:49am On May 17, 2016
joelreg:



to me would have wait to see the reaction of price at.9860 if it hold or not

Good morning Boss Joelreg,

Ahhhhhhhhhh..... Just had a bad feeling in my guts that the lad would drag me to the mud...

Thanks for watching out boss

Happy slashing
Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 7:50am On May 17, 2016
Good morning Pip slashers

Hope you all had a beautiful night?.... I am taking a new fight (EUR/AUDs).. Still holding to my USD/CAD position, I am thinking if I should take my profit or wait till the 10am new candlestick to decide.

Will keep you posted as the hustle continues

Happy slashing

Re: Forex Trading Alerts - Season 16 by Nobody: 9:24am On May 17, 2016
shalom123:

if you already bought then we are in profit already but if you didn't not to worry just wait for price to close above the 0.73235 level on the 4hr tf and buy using 30 pips stop and TP1 at 0.75675 and let the other TP run.
if you missed the audusd trade,you could join now buy at current price and use 20pips stop with same TP above.
Re: Forex Trading Alerts - Season 16 by Nobody: 9:28am On May 17, 2016
shalom123:
Gbpusd buy activated...stop loss should be below 1.43786 like 10-20 pips below then TP1 should be around 1.452x and TP2 opened.
Audusd buy close to being activated maybe this night will do that...going to check my old posts and analysis.
this trade is currently 85+ pips...leave stop where it is but if you are afraid please do the needful. for me its a long ride.
Re: Forex Trading Alerts - Season 16 by Nobody: 9:31am On May 17, 2016
you could also join on the audchf buy at the current price using 20pips stop...will let you in on TP later.
Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 9:39am On May 17, 2016
Hello,

USD/CAD finally hit my trailing stop loss (+60 pips, and +0.7%), EUR/AUD hit my SL... (-64 pips and - 0.7%)..

So USD/CAD and EUR/AUD cancel themselves out. We are still on -0.7% deficit on our account and -31on pip loss.

The hunt for a profitable week continues

Happy slashing

Re: Forex Trading Alerts - Season 16 by Nobody: 9:56am On May 17, 2016
shalom123:
you could also join on the audchf buy at the current price using 20pips stop...will let you in on TP later.
just checked first TP is 0.731x...check my signature. will come back when there is an opportunity.
Re: Forex Trading Alerts - Season 16 by mrikay: 10:51am On May 17, 2016
shalom123:

if you missed the audusd trade,you could join now buy at current price and use 20pips stop with same TP above.

Hi Boss... Pls am interested in your view of the audusd pair... Still not convinced in the buy... Sell still in profit... What do you think?
Re: Forex Trading Alerts - Season 16 by Nobody: 11:03am On May 17, 2016
mrikay:


Hi Boss... Pls am interested in your view of the audusd pair... Still not convinced in the buy... Sell still in profit... What do you think?
hmmm...Bro i don't really like telling people to leave their trade again for personal reasons but my personal view on it:
Audusd...i have been waiting for this pair to drop to the daily NORM but luckily it opened at the monthly NORM which is the milky line on the chart but the orange fib is the daily fib and the 4hr tf candle closed above the NORM which made a buy trigger there and stop is normally 20pips below the NORM. with the stoch on oversold region and moving into the buy region i had every reason to buy...The buy will move faster once the daily candle close above the 0.73230 line. This analysis doesn't make you leave your trade its just what i see,thank you.

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 3:39pm On May 17, 2016
Good Day Everyone,
Here's my todays's trade.
I'm leaving early because I have to attend to other matters,
Patience is key.

EURJPY +30 pips


USDJPY +32 pips


Feshizzy:


1. THE MARKET PAYS YOU TO BE DISCIPLINED.
4. NEVER TURN A WINNER INTO A LOSER.
6. DEVELOP A METHODOLOGY AND STICK WITH IT. DON’T CHANGE METHODOLOGIES FROM DAY TO DAY.
8. YOU ALWAYS WANT TO BE ABLE TO COME BACK AND PLAY THE NEXT DAY.
9. EARN THE RIGHT TO TRADE BIGGER.
12. DON’T HOPE AND PRAY. IF YOU DO, YOU WILL LOSE.
18. MAKE A LITTLE BIT EVERYDAY. DIG YOUR DITCHES. DON’T FILL THEM IN.
19. HIT SINGLES NOT HOME RUNS.
20. CONSISTENCY BUILDS CONFIDENCE AND CONTROL.
22. MAKE THE SAME TYPE OF TRADES OVER AND OVER AGAIN – BE A BRICKLAYER
23. DON’T OVER-ANALYZE. DON’T PROCRASTINATE. DON’T HESITATE. IF YOU DO,YOU WILL LOSE.


I'm taking my time to be disciplined at all times,
The bolded red is one of the beauty of my trading style

Regards,
EF
Re: Forex Trading Alerts - Season 16 by joelreg(m): 5:44pm On May 17, 2016
joelreg:




bro what kind of hone do you trade with, the maker and model
thanks for your reply ahead

still waiting bros
Re: Forex Trading Alerts - Season 16 by currentprice: 6:13pm On May 17, 2016
grin grin grin grin
Re: Forex Trading Alerts - Season 16 by joelreg(m): 6:50pm On May 17, 2016
PIPsharingan:
Hello,

USD/CAD finally hit my trailing stop loss (+60 pips, and +0.7%), EUR/AUD hit my SL... (-64 pips and - 0.7%)..

So USD/CAD and EUR/AUD cancel themselves out. We are still on -0.7% deficit on our account and -31on pip loss.

The hunt for a profitable week continues

Happy slashing


ur phone type bros
Re: Forex Trading Alerts - Season 16 by Ogboraph(m): 6:57pm On May 17, 2016
cheesy embarassed
Re: Forex Trading Alerts - Season 16 by prettyboey(m): 6:59pm On May 17, 2016
EURUSD possible SELL opportunity...


IMPORTANT: The setups posted here are not trade calls
but are intended for informative purposes only therefore;
you should use your own strategy to determine both entry and exit.

Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 7:38am On May 18, 2016
Good morning PIPul,

Going in on USD/CHFb.... Let's see how it goes

Happy slashing

Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 7:40am On May 18, 2016
joelreg:



ur phone type bros

Good morning Joelreg,

I use an infinix hot note

Happy slashing
Re: Forex Trading Alerts - Season 16 by surveycash(m): 7:53am On May 18, 2016
Cul4real:
Please what is different between buy/sell limit and buy/sell stop? Thanks.

Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 8:01am On May 18, 2016
surveycash:


Sorry bro,
you are 1 year late,
Our good friend Zionplace has answered that already grin

Regards,
EF
Re: Forex Trading Alerts - Season 16 by currentprice: 8:04am On May 18, 2016
Feshizzy:

Sorry bro,
you are 1 year late,
Our good friend Zionplace has answered that already grin

Regards,
EF

then quote his answer and let seet,,,,if you can see i t anywhere grin grin grin
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 8:24am On May 18, 2016
currentprice:


then quote his answer and let seet,,,,if you can see i t anywhere grin grin grin
Oh! my Words!
Sir you are right, embarassed
Zionplace has just left the place.
And i was just starting to know him better,
Ouch! till next time

Regards,
EF
Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 10:23am On May 18, 2016
Hello Pips,

Taking on EUR/CHFs.

Happy slashing

Re: Forex Trading Alerts - Season 16 by prettyboey(m): 11:51am On May 18, 2016
Possible SHORT setup on NZDUSD..
Price has been in a triangle which could either breakout upwards or downwards.
But i am more interested in the downwards breakout.I will SHORT NZDUSD at the breakout.

IMPORTANT: The setups posted here are not trade calls but are intended for informative purposes only therefore; you should use your own strategy to determine both entry and exit.

Re: Forex Trading Alerts - Season 16 by Nobody: 1:56pm On May 18, 2016
shalom123:
you could also join on the audchf buy at the current price using 20pips stop...will let you in on TP later.
stop loss hit...still watching the pair.
Re: Forex Trading Alerts - Season 16 by Nobody: 1:57pm On May 18, 2016
shalom123:

if you missed the audusd trade,you could join now buy at current price and use 20pips stop with same TP above.
stop loss hit...still watching the pair.
Re: Forex Trading Alerts - Season 16 by Nobody: 1:59pm On May 18, 2016
shalom123:

this trade is currently 85+ pips...leave stop where it is but if you are afraid please do the needful. for me its a long ride.
Gbpusd buy activated...stop loss should be below 1.43786 like 10-20 pips below then TP1 should be around 1.452x and TP2 opened.
Audusd buy close to being activated maybe this night will do that...going to check my old posts and analysis.
first TP hit and we ride the second TP up NORTH today if this particular candle close above 1.45454 level.
Re: Forex Trading Alerts - Season 16 by Nobody: 2:02pm On May 18, 2016
shalom123:

this trade is doing well,adjust stop lower to around maybe 60pips even if we are currently positive.
You could sell eurgbp now,stop loss to be 80pips and TP 120pips @ 0.7740,if price close below then sell again.
this trade has 6pips to hit TP...be careful if price refuses to close below this current level or hit TP now,you might want to close at 114pips positive.
Re: Forex Trading Alerts - Season 16 by Nobody: 2:14pm On May 18, 2016
shalom123:

first TP hit and we ride the second TP up NORTH today if this particular candle close above 1.45454 level.
it closed above... grin grin grin

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 2:24pm On May 18, 2016
i had to re-analyse my audusd trade...trade wasn't supposed to pick my stop,so see what i found out after few minutes of analysis on the pics below too... the orange line is the daily fib and the light blue is the monthly fib...the lower line of the daily chart NORM was reached like 3 daily previous candle and price reacted by going up but couldn't close above the NORM itself and price is currently pushing down. i entered the trade in hoping for price to break above the NORM which is 0.73235 but i paid for it with 20pips...well now it has happened price is coming close to the monthly NORM at 0.72220 but the lower line of the daily NORM is holding price again at 0.72660 but price just close below this level on the 4hr tf and i expect price to hit the monthly NORM before going back up or if the bears have more upper hand it will hit the lower line of the monthly NORM.
no analysis for audchf because i bought both with this analysis,you might say i am crazy. undecided

Re: Forex Trading Alerts - Season 16 by Nobody: 2:29pm On May 18, 2016
shalom123:

this trade has 6pips to hit TP...be careful if price refuses to close below this current level or hit TP now,you might want to close at 114pips positive.
this trade is doing well,adjust stop lower to around maybe 60pips even if we are currently positive.
You could sell eurgbp now,stop loss to be 80pips and TP 120pips @ 0.7740,if price close below then sell again.
TP hit...you might want to take the second part of the sell to the NORM,if price closes below 0.77485. don't forget the neckline just broke on the daily tf. personally i haven't taken or closed my trade yet,riding it along.
Re: Forex Trading Alerts - Season 16 by Nobody: 2:38pm On May 18, 2016
i am out now,will be back when i see an opportunity. i need to work on following the rules more,gave away 40pips for nothing.
see you later.
Re: Forex Trading Alerts - Season 16 by teejaysmarty: 4:23pm On May 18, 2016
MONEY MANAGEMENT CALCULATOR ( for new Traders and Old as well).

Below is a simple Calculator you can always use before you take a trade so as to know what percentage you are risking for the Trade. i attached it and also took a snap shot. If you have Microsoft office you can open it but if you dont then you can view directly.

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