its good to see the thread active again. Hope the dollar exchange rate is in check

pippimp:
Perfect time to buy EURCAD. It's about to reach exhaustion. TP 14683.

Hope you are not burnt on this after your call. Over 150pips drop . Thats crazy.

Am kinda new here. Opened 2 demo accounts with "fxtm" and "metaquote" worth 10000 and 5000 on a leverage of 1:500 and 1:100 respectively, somehow i've managed to trade a profit of 45.79 and 392.81 respectively even though I was just playing with it...it seems quite interesting though...I think i'l still be needing a hand coz I intend opening a real acct soon, the only tin Is I knw NOTHING abt it, asides the buying and watching the 'profit' column till it no longer shows the minus (-) sign.lolz..Plss fellow NLANDERS, abeg mke una carry me along

priceaction:

Hope you are not burnt on this after your call. Over 150pips drop . Thats crazy.

Actually it's just 40 pips as at the time i made the call. But either way, watch and learn.

JLINE:
placed my eu buy tp at 1.124x and uj has 2 positions on it,one is a buy from around 100.xx and the other a recent sell from 103.51...the buy has a stop already in profit at 101.xx without any tp in sight while the new sell has a tp at 100.xx.
i expect a negative NFP...still thinking to close my uj buy now.
Gbpnzd is no go area,still holding. Gbpusd is no go area still holding both gn and gu are actually buying.
Thinking...
EDIT: afterthought,closed my uj buy,reason being that price might follow the decades old chart and now left with the sell. i just added another sell with TP at 101.55. every other thing are in my place.
out now,won't be on chart for NFP but just hope the eu and uj play according to scripts.

eu nicely hit TP at bolded and reversed nicely lol... uj bearish move starts.
planned moves..."Those who can;do.those who can't talk about those who can".

something i saw that makes sense and thought to share too:

"Trading is a game of repetitions. Traders that can consistently trade the best repetitions are those that have mastered the markets
Your ability to determine which market participants are influencing price will allow you to judge the conviction and behavior of price movement".

ME: "Everything on the chart are repetitions happening again and again,same old norm,same mid...same target points,same percentages move and it keeps occurring again and again over the years,no changes cos same human sentiment that traded it centuries ago are the same still trading it but different people".
Now,the first post is clearer and makes sense. go for the right information,don't tell me i can't be right all the time...might not hit target or TP but always profitable.

working on something: its loading...

JLINE:
working on something: its loading...

Cant wait bro

am in,
game on!

I no too dey post but..

If you trade Elliott waves then ANZD is in a w5 and this should be a truncation. A failure to bounce off the 38.2 fib expansion upwards means a further decline to 1.01xx

UJ has completed a monthly correction and (c) there is exactly 2.618 of(a). These fibonacci levels should not be toyed with. In the next few months price should make its way to w5. Best advice every dips should be bought and held longer than sell positions on rallies.

georgesylva:
I no too dey post but..

If you trade Elliott waves then ANZD is in a w5 and this should be a truncation. A failure to bounce off the 38.2 fib expansion upwards means a further decline to 1.01xx

UJ has completed a monthly correction and (c) there is exactly 2.618 of(a). These fibonacci levels should not be toyed with. In the next few months price should make its way to w5. Best advice every dips should be bought and held longer than sell positions on rallies.

Just curious, is that a mobile mt4 platform?

prettyboey:

working on something: its loading...
Cant wait bro

Not much bro,am gonna be trading like i am at the inter-bank...will post alerts here but its going to be fun,every move will be accounted for. just gonna do it here for some periods and then stop. its highly tedious trading like that,i know you understand.
(Remember i learned and still learning from the inter-banks guys while i still add spices to it on my own)
pairs are :GBPUSD AND GBPJPY (MOSTLY GBPJPY). stay tuned,at least lets say like 2000+ pips weekly. don't doubt yet,let next week be the judge.
EDIT: did i say weekly lol ...its monthly here, seems i was typing in the wrong place.
SHALOM

OK

JLINE:

Not much bro,am gonna be trading like i am at the inter-bank...will post alerts here but its going to be fun,every move will be accounted for. just gonna do it here for some periods and then stop. its highly tedious trading like that,i know you understand.
(Remember i learned and still learning from the inter-banks guys while i still add spices to it on my own)
pairs are :GBPUSD AND GBPJPY (MOSTLY GBPJPY). stay tuned,at least lets say like 2000+ pips weekly. don't doubt yet,let next week be the judge.
EDIT: did i say weekly lol ...its monthly here, seems i was typing in the wrong place.
SHALOM

iheanyiebeneze:
OK

alright

To all our friends and cliques, who are interested in our journey of little beginning, the main purpose of our journey is not to trade to impress, challenge or compete, but to gently increase our sub account (with the editable spread sheet attached from the quote below) while we catch fun with it by targeting weekly/monthly and compare our results, even if it is losses.
To me ,the first year journey is the most challenging. So we should try and stike for the best signals while helping our selves. It is a journey, so no need for over trading. I will suggest that Once our target is made, no need to trade sub- account again until the following week/month.
Lets see how we travel as God be with us. Welcome on board. Wishing all prosperous trading with patience and focus.
Anyone that has something to say should contribute more.

priceaction:


1. 3 years of compounding
2. Starting cash is $10 (lol) or any amount up to 50$. Anyone can participate and can avoid. At least for us that can avoid bigger than that, lets just say, it is a by- account or kind of sub account.
3. Do you know that with 15% weekly profit for 1st year, 4% weekly profit 2nd year, and 3% weekly profit 3rd year, assuming no withdrawal made, and consistent % maintained even though many losses recorded, that 10$ can grow to $500k in the next 3 years.

see the breakdown in excel sheet attached. Who want to get in , make we have common analysis, common goal ,common betting, and profit and loss. I am just feeling it might be interesting, anyway, but not compulsory. MAy be we can see the last man standing. Na this kind game those Japanese traders used to send ironfx to bankrupt by making over $1.5m last year and they couldnt pay.

Forex Weekly Outlook August 5 – 9

The U.S dollar was rattled last week by a series of weak economic data released towards the end of the week, the nonfarm payrolls report came out less than expected at 151,000 in August from 255,000 recorded in July, and this couple with weak productivity from the manufacturing sector (49.4) alerted the markets to the likelihood of the Federal Reserve relinquishing on its rate decision this year. This is because during the Jackson Hole speech, the Fed Chair Janet Yellen said if the economy continues to improve and productivity pick up that the Federal Open Market Committee will look into tightening interest rates, otherwise the FOMC will continue to monitor growth and acted only when necessary.

Nevertheless, the US trade deficit narrowed 11.6 percent in June to $39.47 billion in July, while imports dropped 0.8 percent and exports rose 1.9 percent. The improvement in exports was largely due to increased overseas orders of foods, feeds and beverages — especially soybeans. Meaning, it’s more likely to reverse going forward, but it will support third quarter overall growth. Read more..

http://investorsking.com/forex-weekly-outlook-august-5-9/

market opens in 10mins time...account loaded and ready to game on.

iheanyiebeneze:
THAT'S GOOD, PLEASE SOMEONE SHOULD HIT THIS LINK http://www.newforex.com/cabinet/create/?rl=220dd AND GET FREE 5,000USC ie $50, TRADE IT GRADUALLY FOR SEVEN MONTHS AND WITHDRAW BOTH PROFIT AND BONUS. I think this will help newbies or someone.
happy new trading week.

Hmm, bro read the T & C again.

priceaction:

Hope you are not burnt on this after your call. Over 150pips drop . Thats crazy.

I think you were right. I just got out.

gbpjpy buy now (138.04) ...first position, stop at 137.42.
EDIT:place another buy stop at 138.52 (i used 138.50 cos of spread).
All positions are to be watched and monitored.

is it possible to scalp EUR/DKK?

How can I withdraw bonus?

fidellamo:


Hmm, bro read the T & C again.

Trader has to transfer credit funds into balance before withdrawing funds from a bonus account.
There are two simple steps to transfer credit funds into balance:
First step is to deposit a bonus account with the amount = bonus ($50) + profit from trading on bonus funds.
Second step is to make at least 50 trades the total volume of which equals to the number of lots (N) according to the formula:

(Bonus + Profit) x 0.07 = number of lots (N)

Example if the profit is $10:
You should calculate in cents. Trader has a bonus 5000 USC ($50), profit 1000 USC ($10) = 6000 ($60).
6000 x 0.07 = 420 lots.
After reaching 420 lots all funds on a bonus account become available for the withdrawal. More dollars still available for grabs, hit this link http://www.newforex.com/cabinet/create/?rl=220dd and test your strategy.

Do I need verification to get a no deposit bonus?

Registration, opening of the bonus account and trading in NewForex is available without any verification procedure. Verification is required only when you withdraw funds to protect the company from possible cheating.
More dollars still available for grabs, hit this link http://www.newforex.com/cabinet/create/?rl=220dd and test your strategy.

why are you spamming everywhere with your promo ?

iheanyiebeneze:
Do I need verification to get a no deposit bonus?

Registration, opening of the bonus account and trading in NewForex is available without any verification procedure. Verification is required only when you withdraw funds to protect the company from possible cheating.
More dollars still available for grabs, hit this link http://www.newforex.com/cabinet/create/?rl=220dd and test your strategy.

JLINE:

Not much bro,am gonna be trading like i am at the inter-bank...will post alerts here but its going to be fun,every move will be accounted for. just gonna do it here for some periods and then stop. its highly tedious trading like that,i know you understand.
(Remember i learned and still learning from the inter-banks guys while i still add spices to it on my own)
pairs are :GBPUSD AND GBPJPY (MOSTLY GBPJPY). stay tuned,at least lets say like 2000+ pips weekly. don't doubt yet,let next week be the judge.
EDIT: did i say weekly lol ...its monthly here, seems i was typing in the wrong place.
SHALOM

This will be stressful,i will give directions of a particular week or 2 weeks or a month...i will just say when i enter and just in case you are following,just piggyback on the trends and enter trades at every re-trace in a day or 2 days.
i am giving the pics so people would know important levels too,it will be stressful doing it in bits as i am trading live and monitoring my trades too.
gbpjpy is bullish right from the open and close of the first trading day of this month,that's where you know where the trend will go for a while maybe before any bearish or sideways move.

^^Good one, also keep eyes on gbpusd, if it breaks .xx7x, likely up up.

priceaction:
^^Good one, also keep eyes on gbpusd, if it breaks .xx7x, likely up up.

yes boss...i just want to concentrate on lesser pairs this month.

JLINE:
gbpjpy buy now (138.04) ...first position, stop at 137.42.
EDIT:place another buy stop at 138.52 (i used 138.50 cos of spread).
All positions are to be watched and monitored.

first trade was monitored and stops adjusted rightly,still in trade and 2nd buy stop still inplace...just added the 3rd buy limit which is at 137.390 (its supposed to be at 137.36 cos of spread).

please trade are entered at traders risk and all trades to be monitored.
more view on what price will play,so you don't be at disadvantage.
price will not go below the norm at 137.36 and i have a buy limit there at (137.39) just in case if price comes to test the level just like every other time. my first buy is at the red line X and the 2nd buy stop is at the marked blue X line .
pics below...

it is neccessary big bro. At least , it will give room for best judgement and decisions.

JLINE:

yes boss...i just want to concentrate on lesser pairs this month.

priceaction:
it is neccessary big bro. At least , it will give room for best judgement and decisions.

very true bro.

Truth234:
Forex Weekly Outlook August 5 – 9

The U.S dollar was rattled last week by a series of weak economic data released towards the end of the week, the nonfarm payrolls report came out less than expected at 151,000 in August from 255,000 recorded in July, and this couple with weak productivity from the manufacturing sector (49.4) alerted the markets to the likelihood of the Federal Reserve relinquishing on its rate decision this year. This is because during the Jackson Hole speech, the Fed Chair Janet Yellen said if the economy continues to improve and productivity pick up that the Federal Open Market Committee will look into tightening interest rates, otherwise the FOMC will continue to monitor growth and acted only when necessary.

Nevertheless, the US trade deficit narrowed 11.6 percent in June to $39.47 billion in July, while imports dropped 0.8 percent and exports rose 1.9 percent. The improvement in exports was largely due to increased overseas orders of foods, feeds and beverages — especially soybeans. Meaning, it’s more likely to reverse going forward, but it will support third quarter overall growth. Read more..

http://investorsking.com/forex-weekly-outlook-august-5-9/

If you read this and follow it, not only would be in profit by now but the direction of top economies will be cleared.