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Forex Trading Alerts - Season 16 - Business (191) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trading Alerts - Season 16 (583171 Views)

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Re: Forex Trading Alerts - Season 16 by mrikay: 4:08pm On Jun 02, 2016
JLINE:
Might close the trade back seems I still entered too early,will wait after tomorrows bunch of news to be given. Still bleeded a few pips though.
I think its the market just being wicked.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 8:30pm On Jun 02, 2016
mrikay:
I found an entry... And You?
I missed the trade,always busy these days that's why.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 8:37pm On Jun 02, 2016
mrikay:
I think its the market just being wicked.
Nothing like that,I don't believe those fairy tale of market stuffs...its pure figures and trading for me. Was trying to play pattern and I don't really know pattern that much except my NORM fib style of trading. I think I missed the gbpnzd buy entry too.
Re: Forex Trading Alerts - Season 16 by felixaaron09: 8:54pm On Jun 02, 2016
@ jorel1, currentprice, bigbasho, priceaction thanks so much to you guys. Forex metal have deposited my account and they apologized for the delay. Will request for the rest of my money and move to another broker.


Thanks.
Re: Forex Trading Alerts - Season 16 by mrikay: 9:49pm On Jun 02, 2016
JLINE:
Nothing like that,I don't believe those fairy tale of market stuffs...its pure figures and trading for me. Was trying to play pattern and I don't really know pattern that much except my NORM fib style of trading. I think I missed the gbpnzd buy entry too.
I lost ten pips to gbpnzd today.... Did you see eurjpy? Tell me that is not wicked.... But i bought nzdjpy.... It looks good for now.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 10:38pm On Jun 02, 2016
mrikay:
I lost ten pips to gbpnzd today.... Did you see eurjpy? Tell me that is not wicked.... But i bought nzdjpy.... It looks good for now.
if you enter that trade again,could be on a bright side though...it seems all pair against xxxjpy is going north come tomorrow and after then.
Re: Forex Trading Alerts - Season 16 by Oluseyijay(m): 11:26pm On Jun 02, 2016
Pls how do I deposit in my xm acct from my gtb naira master card
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:31pm On Jun 02, 2016
just sold my euraud again with 30pip stop,hope this one plays better though.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:33pm On Jun 02, 2016
Oluseyijay:
Pls how do I deposit in my xm acct from my gtb naira master card
go to their site and click on deposit using atm cards and follow the process carefully but remember to have more than what you want to fund on your gtbank account due to exchange rates difference. Thank you.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:44pm On Jun 02, 2016
i have a reason to buy usdjpy more likely,a bounce off the norm like that will do the needful. normal stop too,lets make it below the norm though like 45pips stop and tp @ 230pips.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:50pm On Jun 02, 2016
Ger30 sell activated as 30mins candle closed below the lower line of the norm,lets go for the 800pips hunt downwards back to the 100level side.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:52pm On Jun 02, 2016
still waiting for the silver,when price hit the norm then we ride...patience.

Re: Forex Trading Alerts - Season 16 by jorel1(m): 3:43am On Jun 03, 2016
Just sold USDCAD based on daily TF price action
Re: Forex Trading Alerts - Season 16 by Nobody: 4:43am On Jun 03, 2016
Same here, I have been waiting since yesterday for price to confirm the turn for gold and silver. I actually noticed my turning point as indicated by my strategy corresponds to your NORM indicator.........I wish you could help me with the NORM indicator to complement.

Cheers
JLINE:
still waiting for the silver,when price hit the norm then we ride...patience.
Re: Forex Trading Alerts - Season 16 by currentprice: 8:10am On Jun 03, 2016
mrikay:
I think its the market just being wicked.
this is funny brother,,,,,,market no day look face Oooo grin
Re: Forex Trading Alerts - Season 16 by Capitals: 8:45am On Jun 03, 2016
Capitals:
May try again at 0.7200
Came down to 0.7201 close enough to my anticipated entry.

Hope this is the one that covers my earlier two losses with a 150pts tp. No guarantees anyway

Re: Forex Trading Alerts - Season 16 by jorel1(m): 8:46am On Jun 03, 2016
leaving my open trades till next week and it moving in my anticipated direction would amount to about 800% in profit excluding withdrawals made..
Before you say I am extravagant gambler , I have a constant risk of 2000 pips irrespective of trading equity , so even
if I trade $500 , then its $0.2 a pip
if I trade $2000 , then its $1 a pip
if I trade $2000 000 , then its $1000 a pip
If this equity drops as a result of failure within a trading week , then I have to go back one step behind to adjust the $ a pip to result to 2000 pip risk. so at the end of the day my broker isnt acting like my parallel bank ,rather every dime of my money is actively making more money for me.
The difference between this and those making 10% profit in 3 months is that this management technique hasn't got a dormant buffer , its only buffer is the accuracy of your trading strategy + a steady calculated withdrawal process.
This is position sizing aspect of my trading system...
Re: Forex Trading Alerts - Season 16 by Owliver(m): 8:54am On Jun 03, 2016
grin
Re: Forex Trading Alerts - Season 16 by currentprice: 9:07am On Jun 03, 2016
grin grin
Re: Forex Trading Alerts - Season 16 by lawson007(m): 9:29am On Jun 03, 2016
jorel1:
leaving my open trades till next week and it moving in my anticipated direction would amount to about 800% in profit excluding withdrawals made..
Before you say I am extravagant gambler , I have a constant risk of 2000 pips irrespective of trading equity , so even
if I trade $500 , then its $0.2 a pip
if I trade $2000 , then its $1 a pip
if I trade $2000 000 , then its $1000 a pip
If this equity drops as a result of failure within a trading week , then I have to go back one step behind to adjust the $ a pip to result to 2000 pip risk. so at the end of the day my broker isnt acting like my parallel bank ,rather every dime of my money is actively making more money for me.
The difference between this and those making 10% profit in 3 months is that this management technique hasn't got a dormant buffer , its only buffer is the accuracy of your trading strategy + a steady calculated withdrawal process.
This is position sizing aspect of my trading system...
wow,thanks Bro.
this is a very helpful insight.i have a similar breakdown too but n6t 2000 pips o!.
great contribution.
Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 9:34am On Jun 03, 2016
Good Morning Pip Killaz

NZD/USD hit my SL: -65 pips & -1% Loss. EUR/JPY in view

Happy Slashing

Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 9:48am On Jun 03, 2016
jorel1:
leaving my open trades till next week and it moving in my anticipated direction would amount to about 800% in profit excluding withdrawals made..
Before you say I am extravagant gambler , I have a constant risk of 2000 pips irrespective of trading equity , so even
if I trade $500 , then its $0.2 a pip
if I trade $2000 , then its $1 a pip
if I trade $2000 000 , then its $1000 a pip
If this equity drops as a result of failure within a trading week , then I have to go back one step behind to adjust the $ a pip to result to 2000 pip risk. so at the end of the day my broker isnt acting like my parallel bank ,rather every dime of my money is actively making more money for me.
The difference between this and those making 10% profit in 3 months is that this management technique hasn't got a dormant buffer , its only buffer is the accuracy of your trading strategy + a steady calculated withdrawal process.
This is position sizing aspect of my trading system...
Nice!!! grin grin
Re: Forex Trading Alerts - Season 16 by jorel1(m): 9:52am On Jun 03, 2016
I think the vote for a brexit is on the 26th , lots of British business likely to crash including the increased cost of british doing business in the EU...I expect lows to be broken this month and giant bearish candle for this month of June. The general poll favor a brexit just yet .. so do NOT advice longing GBP
Looking for a long term entry anytime soon for EURGBP
Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 10:02am On Jun 03, 2016
During ECB press conference yesterday, somebody was talking and EURAUD was selling and I sold @1.5448 SL:1.5538. Bought GBPCHF @1.4273 SL:1.4220 TP: 1.4420
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 10:56am On Jun 03, 2016
jorel1:
leaving my open trades till next week and it moving in my anticipated direction would amount to about 800% in profit excluding withdrawals made..
Before you say I am extravagant gambler , I have a constant risk of 2000 pips irrespective of trading equity , so even
if I trade $500 , then its $0.2 a pip
if I trade $2000 , then its $1 a pip
if I trade $2000 000 , then its $1000 a pip
If this equity drops as a result of failure within a trading week , then I have to go back one step behind to adjust the $ a pip to result to 2000 pip risk. so at the end of the day my broker isnt acting like my parallel bank ,rather every dime of my money is actively making more money for me.
The difference between this and those making 10% profit in 3 months is that this management technique hasn't got a dormant buffer , its only buffer is the accuracy of your trading strategy + a steady calculated withdrawal process.
This is position sizing aspect of my trading system...
Bros Bros,
You na confirm Old Gee, grin grin
Those risk in percent grammar dey give me serious headache cheesy
I do it the way you do,
Mine is 4000 pips to blow my account, very simple maths,
but those gurus would be disturbing us with risk percent per trade like say na we dey control the market or na stock undecided
I gbadun you bros, 2000 pips, you are the MVP *thumbs up*

For the Calculation
Equity / points to risk = lot size
NOTE: for standard account you need to add a extra zero so pips.
Because 1 pip = 10 points
i.e for $500 account
and risking 3000 pips to blow account.
then you covert pips to points by multiplying by 10
therefore 3000 x 10 = 30000
or just add extra zero to the back of the pips to blow.
then
500 / 30000 = 0.016
you lot size becomes 0.01 or 0.02.
meaning na 3000 for that pip before margin call.

Regards
EF

watch out guys, today is:

"[size=30pt]NFP FRIDAY[/size]"

where if you don trade careful, you account goes to oblivion
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:27am On Jun 03, 2016
Lifecontinues:
Same here, I have been waiting since yesterday for price to confirm the turn for gold and silver. I actually noticed my turning point as indicated by my strategy corresponds to your NORM indicator.........I wish you could help me with the NORM indicator to complement.

Cheers
This question keeps coming up at every instance in time or pms i get for it...well,what you see on my chart is a normal fibonacci tool...what you see as the NORM is the 50level on the fib tool. The only difference between my fib and the normal fib tool is that;i combined murrey maths,a little of elliot wave figures and the normal fibonacci and secondly,i use the fib as a price projection tool the other way round unlike the normal way its being used. There is nothing special Bro,hope we are good.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:36am On Jun 03, 2016
when fundamentally its normal for GBP to be bearish and then you check technicals and it keeps screaming bullish,then you ask yourself what those mofus are doing ? then you just realize those mofus are planning to put some retail traders out of business for good...if you know the poll date,then keep it close it won't be funny what will happen and remember stop loss doesn't hold your broker from misbehaving if the worse occurs except you are dealing with an american regulated broker which most Nigerians i believe don't patronize because of high initial funding rate. Thank you.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:52am On Jun 03, 2016
JLINE:
when fundamentally its normal for GBP to be bearish and then you check technicals and it keeps screaming bullish,then you ask yourself what those mofus are doing ? then you just realize those mofus are planning to put some retail traders out of business for good...if you know the poll date,then keep it close it won't be funny what will happen and remember stop loss doesn't hold your broker from misbehaving if the worse occurs except you are dealing with an american regulated broker which most Nigerians i believe don't patronize because of high initial funding rate. Thank you.
http://www.bloomberg.com/graphics/2016-brexit-watch/
Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 11:54am On Jun 03, 2016
Been humbled
Standing aside till next week

And before the pity party
I loosed what I could afford
No much emotions... But small sha grin

Next week should be better
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 12:58pm On Jun 03, 2016
grin grin grin.. brexit, NFP, Whichever way the market is gonna turn, Being on the right is the main deal which no one knows, well, maybe some... grin grin grin
Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 12:59pm On Jun 03, 2016
sweetmaris:
Been humbled
Standing aside till next week

And before the pity party
I loosed what I could afford
No much emotions... But small sha grin

Next week should be better
Sorry Dear
Re: Forex Trading Alerts - Season 16 by currentprice: 1:27pm On Jun 03, 2016
Edd1e:
grin grin grin.. brexit, NFP, Whichever way the market is gonna turn, Being on the right is the main deal which no one knows, well, maybe some... grin grin grin
market has already indicate it direction since two days ago brother grin

go for those that was not down enough to make $$$$,,,, SELL EUR.AUD AND EUR.NZD

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