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Forex Trading Alerts - Season 16 - Business (287) - Nairaland

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Re: Forex Trading Alerts - Season 16 by Nobody: 3:05pm On Sep 15, 2016
Hello House!

If you are here, a swing trader or you trade on D1 timeframe like me and you have made any increase in percentage return (demo or live, never mind) in the past 5 trading days. Kindly signify, and I shall give to you my special respect and shall associate with you.

Cheers


Note: Kindly ignore if you do not fall in this category

1 Like

Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:14pm On Sep 15, 2016
JLINE:

placed a buy limit on eurusd at .1225 with a 40pips stop but no take profit. 4th official position,out now.
trade didn't trigger but eurgbp came to re-test last entry and the 4th position was entered accordingly,still valid now as price is still around .853x area.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:17pm On Sep 15, 2016
JLINE:

trade didn't trigger but eurgbp came to re-test last entry and the 4th position was entered accordingly,still valid now as price is still around .853x area.
Gbpusd : placing a buy limit at .3155 as price tends to come touch that area again for the 5th position.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:28pm On Sep 15, 2016
JLINE:

placed a buy limit on eurusd at .1225 with a 40pips stop but no take profit. 4th official position,out now.
Gold going to 1315.50 next...Gold hit and even below
price actually made a low of .1225 where the buy limit was but seems i didn't factor spread into position and was not picked. out now.
Re: Forex Trading Alerts - Season 16 by sellydion: 3:32pm On Sep 15, 2016
Pipsbasketing:
Hello House!
If you are here, a swing trader or you trade on D1 timeframe like me and you have made any increase in percentage return (demo or live, never mind) in the past 5 trading days. Kindly signify, and I shall give to you my special respect and shall associate with you.
Cheers
Note: Kindly ignore if you do not fall in this category

Pipsbasketing,

I trade daily Chart. Just starting out on Demo again. Trading 0.05lot. My record is from 08/09/2016 till date. increase account by $249.71. I did not trade during Holiday this include weekend. Hope you find my address sociable wink niyi097@gmail.com.

Good Trading
Re: Forex Trading Alerts - Season 16 by Nobody: 3:52pm On Sep 15, 2016
^^^

Good to associate with you, you got my required date. I will appreciate if you can upload your detailed account statement that includes the trades you closed already only from the date you mentioned (required) so we can start from there.

Reason behind this association will get revealed soon. Tag: Turbulence experienced
Re: Forex Trading Alerts - Season 16 by mygodliveth(m): 4:04pm On Sep 15, 2016
Checkout to long GBPUSD with a target of 1.4
Re: Forex Trading Alerts - Season 16 by lawson007(m): 9:01pm On Sep 15, 2016
Pipsbasketing:
Hello House!
If you are here, a swing trader or you trade on D1 timeframe like me and you have made any increase in percentage return (demo or live, never mind) in the past 5 trading days. Kindly signify, and I shall give to you my special respect and shall associate with you.
Cheers
Note: Kindly ignore if you do not fall in this category
@Pipsbasketing,until you spoke out i really thought something had gone wrong with the stress-free basketing daily-TF method.My bro.what could be the cause and how long do we have to wait.There might be a major breakout in the daily chart soon.
Re: Forex Trading Alerts - Season 16 by Nobody: 9:21pm On Sep 15, 2016
^^^

Nothing is wrong bro........btw, I so much like your question, it was specific enough and I also so much like your positivity.

I also so much like the fact that you are on spot, for you to have stated that : "until I spoke out i really thought something had gone wrong with the stress-free basketing daily-TF method"

Nothing is worng bro, ONLY that there is time for everything: Ecclesiastes 3:1-8

I once had total of 1,200 pips and turned down to -200 pips and then to 500 pips like that ---It is true market has been ranging for most of the pairs and only for those that swing trade or trade daily TF like us.

I wish I can analyse what has been happening on each pair for us to see together.
Re: Forex Trading Alerts - Season 16 by Nobody: 9:39pm On Sep 15, 2016
Let us hold fast on the knowledge below:

When you swing trade on D1 TF, what your style simply means is that trades can last for 2 to 15 trading days or even more, or in other words, expect trades to run for 3 tradings days going against you. Your strategy will tell you to quit it, the maximum losing days on a trade for me is about 5 to 6 trading days.

When you cut negative trades that run for max of 2-3 days, never panic as it is normal. What you are searching for is a positive trade you want to allow to run for 15-20days, still positive. it will recover all your losses and give you additional pips.

In conclusion: Allow positive trades to run for days and allow negative trades to effect with aim of cutting them. In a month, there are about 20 trading days, out of which might be 2-7 trading days where price would be expected to go on the negative side, the remaining 3-20days will recover them for me and in profit.....

So in a month, a week of loss does not move me, though sometimes I cut a loss of about 170.00pips on a pair, but I most of the time recover with 300-700 pips still within the same month..........Remember the cumulative result in a month is what you should bank on when trading D1

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 9:55pm On Sep 15, 2016
These are D1 TF charts for about 7 days ago and for some pairs that I believe any swing trader would not have made any money, losses in the past few days on the pairs could discourage traders thinking their systems have failed them.

NO NO NO, always give room for ranging markets, expect it.
Have enough margin or margin level to accommodate it cos it will surely happen.

This is one reason why I do pipsbasketing and reason why I swing - i.e.; turn with market turns.

In cases like these, other positive pairs help me to balance up the basket.

Re: Forex Trading Alerts - Season 16 by Nobody: 10:07pm On Sep 15, 2016
And in this my practical/Live case scenario (My basket), you would notice that while I allowed some negatives to confirm their true directions of the negative side (so I can turn to that same side of the negatives), the positive trades are already balancing them all with an overall total of about 500.00pips

1 Like

Re: Forex Trading Alerts - Season 16 by cardinal1: 12:40am On Sep 16, 2016
Oga pipbasketing, pls what do u have to say on the usdcad trade on daily chat, looks like it is priming for a swing down.... Ur humble student smiley
Re: Forex Trading Alerts - Season 16 by Nobody: 12:59am On Sep 16, 2016
^^^
Before a downswing can be confirmed, two more bearish candles will have to be formed and since it is on the dailies, that may be by Tuesday/Wednesday....But for now, it remains upswing.

Cheers
Re: Forex Trading Alerts - Season 16 by cardinal1: 7:01am On Sep 16, 2016
Pipsbasketing:
^^^
Before a downswing can be confirmed, two more bearish candles will have to be formed and since it is on the dailies, that may be by Tuesday/Wednesday....But for now, it remains upswing.
Cheers
tnx man
Re: Forex Trading Alerts - Season 16 by sellydion: 8:24am On Sep 16, 2016
Pipsbasketing:
^^^
Good to associate with you, you got my required date. I will appreciate if you can upload your detailed account statement that includes the trades you closed already only from the date you mentioned (required) so we can start from there.
Reason behind this association will get revealed soon. Tag: Turbulence experienced

Here with is my Acct History per your request.

Sorry I tried uploading but I could not. Can someone put me through.

Many Thanks
Alpari Limited

Account: 9797211 Currency: USD Leverage: 1:500 2016 September 16, 08:14
Closed Transactions:
Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit
1436768384 2016.08.24 19:07:26 buy 0.05 usdsek 8.40318 8.32651 0.00000 2016.09.01 19:02:38 8.55280 0 0 0.97 87.47
1437093836 2016.08.30 17:43:15 buy 0.05 eurcad 1.45905 1.44723 0.00000 2016.09.02 12:12:50 1.46531 0 0 -0.83 23.89
1437135185 2016.08.31 11:01:36 buy 0.05 audcad 0.98430 0.97454 0.00000 2016.09.02 12:12:57 0.98884 0 0 0.36 17.32
1437310811 2016.09.02 15:31:57 sell 0.05 usdchf 0.97687 0.98349 0.00000 2016.09.02 16:54:03 0.97794 0 0 0 -5.47
1437312042 2016.09.02 15:33:59 sell 0.05 usdpln 3.89622 3.93603 0.00000 2016.09.02 16:53:58 3.89163 0 0 0 5.9
1437551248 2016.09.06 10:32:13 sell limit 0.05 usdpln 3.94600 0.00000 0.00000 2016.09.06 10:33:06 3.88359 cancelled
1437551266 2016.09.06 10:32:46 sell 0.05 usdpln 3.88379 3.93182 0.00000 2016.09.08 18:33:27 3.83391 0 0 0.36 65.05
1437551673 2016.09.06 10:42:54 sell 0.05 eurjpy 115.433 116.418 0.000 2016.09.08 15:44:26 114.999 0 0 0.04 21.33
1437556843 2016.09.06 12:41:35 sell 0.05 gbpnzd 1.81491 1.83312 0.00000 2016.09.06 18:24:52 1.81492 0 0 0 -0.04
1437770771 2016.09.08 10:43:41 buy 0.05 eurusd 1.12620 0.00000 0.00000 2016.09.08 10:44:21 1.12611 0 0 0 -0.45
1437770829 2016.09.08 10:44:40 buy 0.05 eurusd 1.12602 1.11943 0.00000 2016.09.08 17:44:41 1.12704 0 0 0 5.1
1437900479 2016.09.09 12:43:32 buy 0.05 usdsek 8.44962 8.37172 0.00000 2016.09.09 17:05:23 8.49615 0 0 0 27.38
1438496795 2016.09.14 10:59:34 sell 0.05 usdsek 8.50628 8.61771 0.00000 2016.09.14 13:42:08 8.50402 0 0 0 1.33
0 0 0.9 248.81
Closed P/L: 249.71
Open Trades:
Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit
1438521285 2016.09.14 15:09:19 sell 0.05 gbpchf 1.28560 1.29679 0.00000 1.28594 0 0 -0.6 -1.75
1438649172 2016.09.15 15:16:50 sell 0.05 usdzar 14.20563 14.44092 0.00000 14.17626 0 0 0.66 10.36
0 0 0.06 8.61
Floating P/L: 8.67
Working Orders:
Ticket Open Time Type Size Item Price S / L T / P Market Price
No transactions

Summary:
Deposit/Withdrawal: 0 Credit Facility: 0
Closed Trade P/L: 249.71 Floating P/L: 8.67 Margin: 23.18
Balance: 4 035.10 Equity: 4 043.77 Free Margin: 4 020.59

Details:

Gross Profit: 255.67 Gross Loss: 5.96 Total Net Profit: 249.71
Profit Factor: 42.9 Expected Payoff: 20.81
Absolute Drawdown: 0 Maximal Drawdown: 5.96 (0.15%) Relative Drawdown: 0.15% (5.96)

Total Trades: 12 Short Positions (won %): 6 (66.67%) Long Positions (won %): 6 (83.33%)
Profit Trades (% of total): 9 (75.00%) Loss trades (% of total): 3 (25.00%)
Largest profit trade: 88.44 loss trade: -5.47
Average profit trade: 28.41 loss trade: -1.99
Maximum consecutive wins ($): 5 (120.59) consecutive losses ($): 3 (-5.96)
Maximal consecutive profit (count): 135.08 (4) consecutive loss (count): -5.96 (3)
Average consecutive wins: 5 consecutive losses: 3
Re: Forex Trading Alerts - Season 16 by Nobody: 9:26am On Sep 16, 2016
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Re: Forex Trading Alerts - Season 16 by Capitals: 10:49am On Sep 16, 2016
Pipsbasketing:
These are D1 TF charts for about 7 days ago and for some pairs that I believe any swing trader would not have made any money,

Still making money on them swings bro, usually don't respond with statements but for the fact that you have been a positive addition to the gang, I m flexible on that today. refer to below attachments.
My pre-planned FX focus for the entire week has been EURAUD and EURNZD, indices US30, GER30 and S/P500.

EURNZD already hit 1st Tp, US30 hit all 4 tp, Ger30 hit 2 tp with 2 still running as you see. S/P500 didnt give a signal, EURAUD lost 25pts by 4 that's 100pts in all.
Profitable week it has been even if they all decide to reverse(I hope they go on to tp anyway).

I use different brokers hence the difference in attachmnts but basically duplicate same trade on all their platforms.
Nonetheless, some days are like you are experiencing now and it sure will pass provided the strategy is sound.
Good Luck

Re: Forex Trading Alerts - Season 16 by Nobody: 11:04am On Sep 16, 2016
You did good bro,

These are reasons to prove to the world especially our Nigerians that some of us live on FX (my major goal) and that many of us are active traders.

Regarding my statement, I think I already avoided it sounding general. To reinstate: not all the pairs are ranging, I posted 4 of them up their coupled with some others which I could not upload. As for me, I have not made a tangible profit for the past 7days, though I have been balancing my losses with my positive trades. But I am pretty sure these are only for turbulences which may not last for more than one week after which I take charge in the rest of the month.

Some of my trades have been trendy making about 200.00 pips PER pair and still counting, while some have been ranging....

Btw: I like your positivities

Capitals:


Still making money on them swings bro, usually don't respond with statements but for the fact that you have been a positive addition to the gang, I m flexible on that today. refer to below attachments.
My pre-planned FX focus for the entire week has been EURAUD and EURNZD, indices US30, GER30 and S/P500.

EURNZD already hit 1st Tp, US30 hit all 4 tp, Ger30 hit 2 tp with 2 still running as you see. S/P500 didnt give a signal, EURAUD lost 25pts by 4 that's 100pts in all.
Profitable week it has been even if they all decide to reverse(I hope they go on to tp anyway).

I use different brokers hence the difference in attachmnts but basically duplicate same trade on all their platforms.
Nonetheless, some days are like you are experiencing now and it sure will pass provided the strategy is sound.
Good Luck
Re: Forex Trading Alerts - Season 16 by Capitals: 11:31am On Sep 16, 2016
Pipsbasketing:
You did good bro,

These are reasons to prove to the world especially our Nigerians that some of us live on FX (my major goal) and that many of us are active traders.

Regarding my statement, I think I already avoided it sounding general. To reinstate: not all the pairs are ranging, I posted 4 of them up their coupled with some others which I could not upload. As for me, I have not made a tangible profit for the past 7days, though I have been balancing my losses with my positive trades. But I am pretty sure these are only for turbulences which may not last for more than one week after which I take charge in the rest of the month.

Some of my trades have been trendy making about 200.00 pips PER pair and still counting, while some have been ranging....

Btw: I like your positivities


Thanks. For me, its just an extra stream of income bro.
The small wins cancel the small loses and we are left with the big wins provided the big losses are eliminated.

GER30 just turned negative, but I really don't care if both hit stop, it already is a winner trade shocked shocked
Re: Forex Trading Alerts - Season 16 by markarov: 11:43am On Sep 16, 2016
Capitals:

Thanks. For me, its just an extra stream of income bro.
The small wins cancel the small loses and we are left with the big wins provided the big losses are eliminated.
GER30 just turned negative, but I really don't care if both hit stop, it already is a winner trade shocked shocked

It is good to have you back online sir. Please post more charts for traders on this thread to learn from. Keep up the good work Sir.
Re: Forex Trading Alerts - Season 16 by Nobody: 11:51am On Sep 16, 2016
Just exactly.....


No one needs to tell me you are a success in this business, I know cos this is what I do and no one does this and remain thesame


Capitals:


Thanks. For me, its just an extra stream of income bro.
The small wins cancel the small loses and we are left with the big wins provided the big losses are eliminated.

GER30 just turned negative, but I really don't care if both hit stop, it already is a winner trade shocked shocked
Re: Forex Trading Alerts - Season 16 by sellydion: 2:07pm On Sep 16, 2016
Pipsbasketing:
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THAT MY GRAPH

Re: Forex Trading Alerts - Season 16 by sellydion: 2:16pm On Sep 16, 2016
Pipsbasketing:
Save the file (preferably: picture - jpeg or jpg) on your desktop
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Thanks. I was earlier banned. I am okay now. Knowledge is golden.

Good Trading.

Re: Forex Trading Alerts - Season 16 by Nobody: 3:19pm On Sep 16, 2016
YES, I knew you were banned just immediately after you tried to modify your post. I contacted the mod at the instant to explain what just happened to you.

Thank God the ban is removed.

sellydion:


Thanks. I was earlier banned. I am okay now. Knowledge is golden.

Good Trading.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 7:48pm On Sep 17, 2016
JLINE:
Lots of news coming today and tomorrow,brace yourself and trade wisely...still holding my positions and will add to them soon.
will be adding eurusd and audusd to the positions too.
got stopped out on all positions,back online fully now...YCPH was a success.
Re: Forex Trading Alerts - Season 16 by bigbasho: 9:42pm On Sep 17, 2016
Pipsbasketing:
Hello House!

If you are here, a swing trader or you trade on D1 timeframe like me and you have made any increase in percentage return (demo or live, never mind) in the past 5 trading days. Kindly signify, and I shall give to you my special respect and shall associate with you.

Cheers


Note: Kindly ignore if you do not fall in this category

I actually opened a demo mid last month wen i realised u trade daily TF. i decided to give it a try. I think i can improve on this. Lets rub mind bro. i will be glad. i am still backward wen it comes to picking levels and fundamentals

Re: Forex Trading Alerts - Season 16 by Nobody: 10:01pm On Sep 17, 2016
Excellent bro, my pleasure to rub mind with great minds like you.

Could you do me a favour - Kindly open your demo account with the exact amount you know you can start with on live, I mean the one your mind can control based on your capacity. After that, you may not have to let me see the exact capital.

Trade with it and let us start from there.


bigbasho:


I actually opened a demo mid last month wen i realised u trade daily TF. i decided to give it a try. I think i can improve on this. Lets rub mind bro. i will be glad. i am still backward wen it comes to picking levels and fundamentals
Re: Forex Trading Alerts - Season 16 by bigbasho: 10:43am On Sep 18, 2016
Pipsbasketing:
Excellent bro, my pleasure to rub mind with great minds like you.

Could you do me a favour - Kindly open your demo account with the exact amount you know you can start with on live, I mean the one your mind can control based on your capacity. After that, you may not have to let me see the exact capital.

Trade with it and let us start from there.



I will do just that boss. I am really glad you replied. I hope to build confidence with u by my side. You have a good heart and I hope other great traders in the room can imbibe this. Remember u will become successful if u lift someone up and whoever it is will be forever indebted to you....#GratefulHeart
Re: Forex Trading Alerts - Season 16 by Nobody: 11:36am On Sep 18, 2016
too busy this last week. Hopefully better week to trade

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