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Forex Trading Alerts - Season 16 - Business (316) - Nairaland

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Re: Forex Trading Alerts - Season 16 by currentprice: 11:31am On Oct 11, 2016
chaiiiii!!! miss a lot,,,, on overnight flight grin

see as dude talk down on just $5k contest,,,,,,with his paper $350k picture made on briexit grin grin grin

2 Likes

Re: Forex Trading Alerts - Season 16 by Vince101: 11:33am On Oct 11, 2016
you know Forex trading would easily mean a lot of things to different people. how to overcome the greed that comes with it is a function of our ability and inability to manage the losses thereafter. cool cool kEEp iT sImPlE wink wink
Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 4:31pm On Oct 11, 2016
Pipsbasketing:
Amongst all my viewing pairs, I couldn't find anyone with suitable entry last night to add to my basket. Only GJ is in the basket.

I hope by the end of today, the following pairs would be viable for entry: UCAD, EJ, ECHF, CHFJ and AJ
How do you determine if a pair meets the requirement that qualify for basket trading, either long or short? Do you use a software?
Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 4:34pm On Oct 11, 2016
shorty002:
Sold aud/Nzd at 1.0695. My Stoploss is 100 pips. But if it close above 1.0697 I MAY close it.
This pair is very bullish. Be careful oooo! Go for short-term sell
Re: Forex Trading Alerts - Season 16 by sellydion: 4:44pm On Oct 11, 2016
I have been very busy managing my trades as I just funded by live account. It has not been all that easy with emotions that need to be put under control. I do not understand the fight for supremacy between good hands. Let put an end to this. @ pipbasketing, I beg you not to respond again, @ jorel I beg you not respond again. We are men, we don't fight like women. Enough is enough.

Back to business: Risk managing is not in how many PIPS you lose , but in how much you lose out of your capital. Hope this will help somebody. Just keep to the 2% anything more that this I cannot tolerate on a trade. It is better to basket another 2% on multiple trades than to carry big risK on a single trade. It is the surest way to go bankrupt.

If you want to carry big risk. Never allow it to be on your Capital. Doing it on the profit you previously earn will do less harm. More contributions are welcome on risk management.
Re: Forex Trading Alerts - Season 16 by sellydion: 4:52pm On Oct 11, 2016
JAkpayen:

This pair is very bullish. Be careful oooo! Go for short-term sell

The pair is actually bearish. Check high time frame. However Aussies has been terribly beating many currencies of resent. But I have noticed some weakness in other currency pairs. It is better to wait for confirmation. Being aggressive(short) with a stop is okay as well
Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 5:26pm On Oct 11, 2016
sellydion:

The pair is actually bearish. Check high time frame. However Aussies has been terribly beating many currencies of resent. But I have noticed some weakness in other currency pairs. It is better to wait for confirmation. Being aggressive(short) with a stop is okay as well
I see price not going below 1.0630 area. Look to buy at that point for AUD/NZD
Re: Forex Trading Alerts - Season 16 by fidellamo(m): 5:50pm On Oct 11, 2016
JAkpayen:

This pair is very bullish. Be careful oooo! Go for short-term sell

The bulls are almost over. It is beginning to turn already. He just has to be careful though, I would rather wait for confirmation.
Re: Forex Trading Alerts - Season 16 by mrikay: 9:02pm On Oct 11, 2016
JAkpayen:

I see price not going below 1.0630 area. Look to buy at that point for AUD/NZD

I closed my buy on this pair after nearly 12 days in the trade... Now i want to watch and see what happens next before making a decision.
Re: Forex Trading Alerts - Season 16 by TONYE001(m): 9:21pm On Oct 11, 2016
Hello All,

Greetings.

I'm new here and I'd like to know all about FOREX trading. I think I'm getting interested.

Please, educate me.
Re: Forex Trading Alerts - Season 16 by harizonal123(m): 10:18pm On Oct 11, 2016
.
Re: Forex Trading Alerts - Season 16 by harizonal123(m): 10:20pm On Oct 11, 2016
harizonal123:
Sceptical! My second day of pipsbasketing system. Hopefully pips might rain today

Finally basket is almost full with 1000pips just in 2days. This is getting really interesting
Re: Forex Trading Alerts - Season 16 by sellydion: 7:06am On Oct 12, 2016
Pairing the weak against the strong is the basis of trend trading.

Weak currencies as at this morning:
Euro

NZ

GBP

Strong currencies

USD

AUD

CAD

This is base on the power of daily chart. Taking action is at viewer discretion.
Re: Forex Trading Alerts - Season 16 by Nobody: 7:51am On Oct 12, 2016
This thread is fun sometimes.
@pipsbasketing
@jorel.
stop this vituperation against one another.
Use the sending of alerts here as your context.
To prove your knowledge of Forex , give people PRECISION alerts here,
Cheers!!!

2 Likes

Re: Forex Trading Alerts - Season 16 by teemy(m): 10:55am On Oct 12, 2016
iheanyiebeneze:
...
Use the sending of alerts here as your context.
To prove your knowledge of Forex , give people PRECISION ...
the storm is over. let's not speak again of that which has been forgotten. cheers
Re: Forex Trading Alerts - Season 16 by Karleb(m): 11:51am On Oct 12, 2016
teemy:
the storm is over. let's not speak again of that which has been forgotten. cheers

grin grin The storm is over now! grin grin

1 Like

Re: Forex Trading Alerts - Season 16 by Karleb(m): 12:02pm On Oct 12, 2016
TONYE001:
Hello All,

Greetings.

I'm new here and I'd like to know all about FOREX trading. I think I'm getting interested.

Please, educate me.

kindly visit www.babypips.com/school to learn.
Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 1:25pm On Oct 12, 2016
Edd1e:
This thread keeps getting funnier and uglier by the day.. It's nice watching from the sidelines grin grin grin..... I hope u guys settle ur differences and get the thread back on track.....
Wow!!! grin grin really interesting watching from the sidelines...Good the storm is over now grin grin
Re: Forex Trading Alerts - Season 16 by Karleb(m): 2:15pm On Oct 12, 2016
EmmanuelD1st:

Wow!!! grin grin really interesting watching from the sidelines...Good the storm is over now grin grin

I tell you, in fact, i believe those two guys deserved to be banned for a while now.

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 3:04pm On Oct 12, 2016
NIGERIAN CENTRAL BANK OFFICIAL SAYS FX SUPPLY FOR MANUFACTURERS WILL BE IMPROVED

12 October 2016, 16:52







NIGERIAN CENTRAL BANK OFFICIAL SAYS FX SUPPLY FOR MANUFACTURERS WILL BE IMPROVED
...
Re: Forex Trading Alerts - Season 16 by Nobody: 3:08pm On Oct 12, 2016
USD/CHF further gains expected while above 0.9793 – Commerzbank

12 October 2016, 11:25




In view of Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair remains poised for a test of the 0.9952/56 band while trades above 0.9793.
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 4:46pm On Oct 12, 2016
To the newbie forex traders....
Fx is sweet if you learn, learn and learn....
*cut your losses and let your profit run
*Buy when the market is going up, Sell when the market is coming down (Trade with the trend).

****It's amazing how people find it so difficult to follow these simple rules**

4 Likes

Re: Forex Trading Alerts - Season 16 by sweetmaris(f): 7:01pm On Oct 12, 2016
Sell GU for a 100 pips
Re: Forex Trading Alerts - Season 16 by mayzee: 9:57pm On Oct 12, 2016
Mehn this place is seriously silent.

Which currency's demise is being mourned
Re: Forex Trading Alerts - Season 16 by Nobody: 11:04pm On Oct 12, 2016
maybe they are mourning PipJor grin grin grin grin
mayzee:
Mehn this place is seriously silent.

Which currency's demise is being mourned
Re: Forex Trading Alerts - Season 16 by mrikay: 11:07pm On Oct 12, 2016
Edd1e:
To the newbie forex traders....
Fx is sweet if you learn, learn and learn....
*cut your losses and let your profit run
*Buy when the market is going up, Sell when the market is coming down (Trade with the trend).

****It's amazing how people find it so difficult to follow these simple rules**

I am trying to enter the trend at the onset... I may lose but today I bought usdchf, usdjpy, audchf ...
Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:47pm On Oct 12, 2016
off my trades maybe till end of month...will wait out monthly scenario to play out. undecided undecided undecided
grin grin grin
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 11:54pm On Oct 12, 2016
mrikay:


I am trying to enter the trend at the onset... I may lose but today I bought usdchf, usdjpy, audchf ...
As for me, usdchf buy trade is too late to enter now, you should wait for retracement on H4 (Don't chase price, let the price come to you), UJ still looks good for buy and I don't trade AudChf


Look at my USDCHF H4 chart below, what do you see?


Multiple confluence for possible trade entry, " Buying at support with trendline and structure confluence confirmation".... grin grin. "Plan your trades and trade your plan"

Re: Forex Trading Alerts - Season 16 by fidellamo(m): 9:13am On Oct 13, 2016
mrikay:


I am trying to enter the trend at the onset... I may lose but today I bought usdchf, usdjpy, audchf ...

Bro, I personally think USDCHF is a bad choice. You [b]MAY [/b]only have a handful of pips up. My system is rather saying sell on the 4H and 1D. The 4H will complete a 123 candle pattern if the current 4H candle closes bearish and the 1D is following suit already. Same with USDJPY, price [b]MAY [/b]get to 104.xx area but will ultimately go down.

AUDCHF has a better chance but still has some room to go down. I would have wait for the 10am candle to close bullish to give a little uptrend confirmation if I were to trade this pair. The bulls are beginning to have their way on the 1H.

Consider AUDUSD buy, it looks more like what you want to do. I will buy @ 11am candle open if 10am candle closes bullish.

Just my $0.02, price may decide to do otherwise.

More pips.
Re: Forex Trading Alerts - Season 16 by Truth234(m): 9:32am On Oct 13, 2016
If you followed this weekly analysis, you should be in profits, with EURUSD first target already met.

Truth234:
Forex Weekly Outlook October 10-14

The US macro data showed remarkable improvement last week, with economic activity in the services sector rising as high as 57.1 in September, the highest in almost a year. While unemployment claims improved by 5,000 to 249,000 — the lowest since April, and 83 consecutive weeks that unemployment benefits will be below 300,000.

Although, labor market added fewer jobs (156,000) than expected in September, the economy continued to grow on so many levels. For instance, the drop in jobs created in the private sector in September was because the US economy is nearing full employment, hence, job growth is expected to slow. Two, the increase in Trade deficit is also as a result of the surge in imports of capital goods and record purchases of services, fees to broadcast the Olympic Games from oversea, which outweigh exports. This should normalize now that the Olympic Games has ended and the manufacturing sector (51.5) has picked up. Likewise, the increase in the unemployment rate to 5 percent from 4.9 percent recorded in August was due to surge in participation rate.

Again, average hourly earnings rose 0.2 percent to 2.6 percent on a yearly basis, indicating that employers are hesitant to fire workers amid a tightening labor market. These are the reasons I think the Friday dip in the US dollar against all the major currencies is temporary, and I expect the greenback to rebound this week as investors digest the data. Read more..

http://investorsking.com/forex-weekly-outlook-october-10-14/
Re: Forex Trading Alerts - Season 16 by Nobody: 10:13am On Oct 13, 2016
Edd1e:
To the newbie forex traders....
Fx is sweet if you learn, learn and learn....
*cut your losses and let your profit run
*Buy when the market is going up, Sell when the market is coming down (Trade with the trend).

****It's amazing how people find it so difficult to follow these simple rules**
l
For someone with Zero knowledge on Forex trading, what books/blogpost/guide will you recommend i read
Just so i could know the basics? I really want to venture into forex but i get underwhelm when i see all this acroynms flying around especially here
Quips, pips, 1H, HFt's piosbasket, H4, pairs (although i know what this is). Etc

Theres soo much i need to learn. Help me.
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 10:52am On Oct 13, 2016
Admin401:
l
For someone with Zero knowledge on Forex trading, what books/blogpost/guide will you recommend i read
Just so i could know the basics? I really want to venture into forex but i get underwhelm when i see all this acroynms flying around especially here
Quips, pips, 1H, HFt's piosbasket, H4, pairs (although i know what this is). Etc

Theres soo much i need to learn. Help me.
For a start, visit- babypips.com/school

2 Likes

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