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Nairaland Forum / Nairaland / General / Business / Forex Trading Alerts - Season 16 (533559 Views)
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Re: Forex Trading Alerts - Season 16 by currentprice: 4:37pm On Aug 08, 2016 |
i don't care whatever any trader here say or not,,,,,i will continue follow follow any trader in-out except i have no clue to do so,,,,my intention is to learn more from any post but if i find something fishy for the protection of newbie i will continue my shout-out 3 Likes |
Re: Forex Trading Alerts - Season 16 by JLINE(m): 4:49pm On Aug 08, 2016 |
uj has a valid 103.5/7/9 to make ...looking forward to the 99.xx move someday close enough though and finally eu having a next 1.13 move to make immediately after this sets of move. will drop in at every show date to make sure everyone joins the ride. SHALOM |
Re: Forex Trading Alerts - Season 16 by jorel1(m): 4:55pm On Aug 08, 2016 |
Lol, well appalling is a relative term although still much better that initiating sarcastic controversies.. Personally I am not here to learn I dont even know why am here although some say their mission is to protect newbie you see everyone has different missions.. I dont even think a newbie should be here in the first place or in a trading forum because he or she will only get a variants of trade opinions without direction at the end learn nothing ..Newbies should be busy with personal learning ... Pipsbasketing: |
Re: Forex Trading Alerts - Season 16 by Nobody: 5:09pm On Aug 08, 2016 |
Chai, closed it at 78.0.. Before left home. Well another day coming. JLINE: |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 5:13pm On Aug 08, 2016 |
It's wonderful sanity is finding it way back here. Pls keep your ogbo on check. 1 Like |
Re: Forex Trading Alerts - Season 16 by shorty002: 5:17pm On Aug 08, 2016 |
Thanks. But d move we see its still pple making it naw nwy my uj, Aj, CJ and nj are still running buy since last week wed FxDuke: |
Re: Forex Trading Alerts - Season 16 by Nobody: 6:20pm On Aug 08, 2016 |
shorty002:lol. ok bro that means you know what you're doing |
Re: Forex Trading Alerts - Season 16 by currentprice: 6:45pm On Aug 08, 2016 |
Feshizzy: ogbo way true true who send self 2 Likes |
Re: Forex Trading Alerts - Season 16 by currentprice: 6:55pm On Aug 08, 2016 |
pipsbasking method of trading for me is what i call "don't put all your egg in one basket" very relevant in financial market. ,,,,used this method in my early year on stock market investment .... if rightly applied with good mkt analysis, there is no way margin call anytime soon good for the new comer,,,,,for the guru choice of trading 1 or 2 pair the end result might still be same as pipsbasketing explained the MM behind the strategy. quoted divide capital by 100,000,,,he used £1000 as an example which is 0.01 lot size. so using 0.01 lot on 20pair,,, you still trade 0.20 lot size on all .... would relatively gives same result or more when trading one pair with 0.20 lot size if positive pips drop assuming both pursue same pips target the advantage of the pipsbasketing to newbie when SL of let say 300pips hit on one go the end road of guru for that particular trade,,,newbie with pipsbasketing might still stay on the trade with some positive pair the advantage of 1 or 2 pair trading by the guru is,,,the target can be achieve within 1, 2 or 3 days while some pair in pipsbasketing still dancing up/down As a pair or two trader.... am i learning from the pipsbasketing post? yes because my trading pair always part of the pipsbasketing at any particular time.....so i compare direction,,,if a different direction notice i call for chart re-check and sometime he post chart for more clearification atleast that gives me caution since am not mr. market and everybody read chart in a different way 4 Likes 1 Share |
Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:14pm On Aug 08, 2016 |
lol , arguments on which trading method is the best ... Never ending story in Forex .. Forum chief judge has given approval on the best trading method So I hope now all arguments on trading methods will be put to rest forever .. At least It will give a enough time to wait till few months from now when story will change again |
Re: Forex Trading Alerts - Season 16 by currentprice: 7:18pm On Aug 08, 2016 |
do i send? no,,,,anyway today no be friday ,,,so enough space for the fx wailers 1 Like |
Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:46pm On Aug 08, 2016 |
Meanwhile keep your eyes on AUDNZD to swing it down .. The effect of NZD interest rate news on Thursday is to send it higher ..but if it stalls or only go a bit higher at/from current support irrespective of news result then watch price action on 4hr TF for a sell based on signal from weekly .. |
Re: Forex Trading Alerts - Season 16 by Nobody: 8:10pm On Aug 08, 2016 |
Just exactly currentprice: |
Re: Forex Trading Alerts - Season 16 by Optimisticgondy(m): 10:52pm On Aug 08, 2016 |
Feshizzy:Ok 1 Like |
Re: Forex Trading Alerts - Season 16 by lawson007(m): 11:19pm On Aug 08, 2016 |
@currentprice has just spoken too well.We all need to study his post again and again whenever we feel confused of which style to adopt.Thanks man. My new basket is loading already :GJ =Buy and AU=Sell (Balance $100,leverage 500:1 and lot size 0.01 standard lot sizing(not instaforex). 1 Like |
Re: Forex Trading Alerts - Season 16 by lilreese: 11:21pm On Aug 08, 2016 |
Intresting 1 Like |
Re: Forex Trading Alerts - Season 16 by Nobody: 1:09am On Aug 09, 2016 |
Nice idea bro, I want to add the following to help you with your experience Throughout this journey, 1) Try to stick to your strategy (open and close signal), you may be tempted to bend it when you feel impatient. I think this is why you may want to scan through as many pairs as possible to choose the very best entry and close. 2) Try not to overload your basket, try watch your free margin and margin level as you load your basket, watch their sensitivity to the addition of pairs. 3) Try have a minimum Margin level you want to keep constant, that margin level you want to stop adding pairs to the basket. for example, let's say a leverage of 500:1 gives you margin of 2000%, this reduces as you add pairs, you may want to say OK, I will keep adding until my margin reduces to 1000%, then allow the trades to play out, cut losses according to your signal and let profit run to exhaustion according to your signal trade close. Continue to open and close trades in that return keeping your minimum margin level constant in mind. I bet with this, you may not be able to add more than 7 pairs to your basket which is quite enough for what exactly you need in relation to the balance and leverage you are starting with.....Cheers I wish you success lawson007: |
Re: Forex Trading Alerts - Season 16 by Capitals: 9:08am On Aug 09, 2016 |
currentprice: Please pardon me for been a bit off, but need this info. Abeg how do you get charts for the nse, open high low and close charts or candle stick. What do you think of meristem/merifx, have you had any experience with them in the past. |
Re: Forex Trading Alerts - Season 16 by friendbee: 9:45am On Aug 09, 2016 |
[quote author=Pipsbasketing post=48318791]Nice idea bro, I want to add the following to help you with your experience Throughout this journey, 1) Try to stick to your strategy (open and close signal), you may be tempted to bend it when you feel impatient. I think this is why you may want to scan through as many pairs as possible to choose the very best entry and close. 2) Try not to overload your basket, try watch your[b] free margin and margin level [/b]as you load your basket, watch their sensitivity to the addition of pairs. 3) Try have a minimum Margin level you want to keep constant, that margin level you want to stop adding pairs to the basket. for example, let's say a leverage of 500:1 gives you margin of 2000%, this reduces as you add pairs, you may want to say OK, I will keep adding until my margin reduces to 1000%, then allow the trades to play out, cut losses according to your signal and let profit run to exhaustion according to your signal trade close. Continue to open and close trades in that return keeping your minimum margin level constant in mind. I bet with this, you may not be able to add more than 7 pairs to your basket which is quite enough for what exactly you need in relation to the balance and leverage you are starting with.....Cheers I wish you success @pipsbasket..............what you recommend fo r margin and free margin level |
Re: Forex Trading Alerts - Season 16 by Nobody: 10:11am On Aug 09, 2016 |
Seriously, I cannot say specifically what the free margin or margin level can be, and that is why i was mentioned as quoted below Pipsbasketing: Selah Kindly do your homework on margin level and free margin on demo first with say for example 1) $100 and 1000:1 leverage and on another account use 2) $1,000 and 1000:1 leverage and on another, use 3) $100 and 50:1 leverage and then 4) $1,000 and 50:1 leverage Please do this on these accounts: fill each demo basket by entering a random position on any pair at any price (a rough test) and see how the margin level and free margin react differently to the addition of pairs (YES, very interesting, this is what I have done as my homework) With this, you can choose how much margin level and free margin you want to always keep to a minimum. did you notice a dude banned here? chai, this mod follows us well o, i am sure he/she reads comment intoto currentprice,feshizzy and house friendbee: |
Re: Forex Trading Alerts - Season 16 by currentprice: 10:13am On Aug 09, 2016 |
Capitals: for nse,,,,,fundamental of the company matter most on the stock you want to buy ,,,, charts does little on nse except you want to trade America/Europe mkt among others, I check charts on trw-stockbrokers dot com,,,,,,investing dot com,,,,,marketwatch dot ng,,,,,, ft dot com. I use four broker but meristem/merifx not among my broker.....depend on what you want morgan capita group is one of my broker and they offer real-time platform,,, for more information follow stock pick alert on NL my 2nd home |
Re: Forex Trading Alerts - Season 16 by currentprice: 10:16am On Aug 09, 2016 |
mod please un-ban JLINE mod please un-ban JLINE mod please un-ban JLINE mod please un-ban JLINE mod please un-ban JLINE |
Re: Forex Trading Alerts - Season 16 by friendbee: 10:26am On Aug 09, 2016 |
@pipsbasketing...................thanks for prompt reply |
Re: Forex Trading Alerts - Season 16 by Nobody: 10:38am On Aug 09, 2016 |
From my homework, I will tell you my deduction You see, the free margin and margin level of accounts of higher level fluctuate rigorously and my resolution is that you need to keep it as high as possible. Those ones of smaller leverages like 50:1 will provide you with very small margin level like 300% and you may not be able to fill your basket with more than 2 to 3 pairs with $500 because of the low leverage provided. But I tell you from my observation that, after filling your basket, say you have left 120.59% margin level, the .59% is huge to a point that even when your basket runs a total of say -200.0pips, you may be left with 120.00%. which is very interesting. So, I am waiting for next month to move to my second broker that provides 33:1 leverage and fund with about $x,000.00, using the same lot. Bro, this gives abundant peace in trading. friendbee: 1 Like |
Re: Forex Trading Alerts - Season 16 by FOREXMART(m): 10:43am On Aug 09, 2016 |
Re: Forex Trading Alerts - Season 16 by Capitals: 10:50am On Aug 09, 2016 |
currentprice: Thank you, I very much appreciate. |
Re: Forex Trading Alerts - Season 16 by fxbomovi: 11:00am On Aug 09, 2016 |
this pip basketing method is overhyped. Nothing special about it. |
Re: Forex Trading Alerts - Season 16 by Nobody: 11:06am On Aug 09, 2016 |
btw, why would you want to start up an argument already buried. |
Re: Forex Trading Alerts - Season 16 by currentprice: 11:27am On Aug 09, 2016 |
man must show his marketing signature now |
Re: Forex Trading Alerts - Season 16 by Nobody: 11:35am On Aug 09, 2016 |
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