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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts Season 17 (335023 Views)
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Re: Forex Trade Alerts Season 17 by bamiDee1(m): 5:26pm On Aug 04, 2017 |
good evening fellow traders. Should there be a whatsapp group on this thread, op pls add me: 08087659457 thanks |
Re: Forex Trade Alerts Season 17 by Nobody: 6:33pm On Aug 04, 2017 |
today i have made my self proud. NPF should be coming everyday positively 1 Like |
Re: Forex Trade Alerts Season 17 by Jaidooo(m): 7:37pm On Aug 04, 2017 |
wuyexzy:Did you see how much it fell today? Too bad I closed my position cos of NFP. |
Re: Forex Trade Alerts Season 17 by wuyexzy: 8:09pm On Aug 04, 2017 |
Jaidooo:Eehya...it happens bro, i entered a sell after 4hr close below the level i pointed yesterday... i usually don't factor news in my decision (just my kind of thing though). i just closed the position. |
Re: Forex Trade Alerts Season 17 by Jaidooo(m): 8:31pm On Aug 04, 2017 |
wuyexzy:Congrats, I know you made some good greens. 1 Like |
Re: Forex Trade Alerts Season 17 by kukoki: 6:20pm On Aug 05, 2017 |
someone should please help me recommend a broker for me. i have been using Instaforex but i don't think i am satisfied with their service. Thank you. 1 Like |
Re: Forex Trade Alerts Season 17 by Nobody: 7:04pm On Aug 05, 2017 |
kukoki: exness |
Re: Forex Trade Alerts Season 17 by drpips1(m): 10:02pm On Aug 05, 2017 |
kukoki: https://www.nairaland.com/3969629/criteria-choosing-forex-broker |
Re: Forex Trade Alerts Season 17 by bigbasho: 1:54pm On Aug 06, 2017 |
Jaidooo: Still holding on to mine. That last time I checked fundamentals was a year ago.
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Re: Forex Trade Alerts Season 17 by bigbasho: 2:01pm On Aug 06, 2017 |
E/A
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Re: Forex Trade Alerts Season 17 by bigbasho: 2:04pm On Aug 06, 2017 |
Gold.
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Re: Forex Trade Alerts Season 17 by Jaidooo(m): 2:09pm On Aug 06, 2017 |
bigbasho:Good for you. Its very bearish on longterm tho, till 1.24xx at least. Enjoy |
Re: Forex Trade Alerts Season 17 by Jaidooo(m): 2:17pm On Aug 06, 2017 |
bigbasho:I have a sell limit at 1.4991 |
Re: Forex Trade Alerts Season 17 by bigbasho: 4:09pm On Aug 06, 2017 |
.
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Re: Forex Trade Alerts Season 17 by bigbasho: 4:12pm On Aug 06, 2017 |
guessed am joining the basket gang. @pipsb, you have infected me. kikikiki
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Re: Forex Trade Alerts Season 17 by redsox11: 4:43pm On Aug 06, 2017 |
Total beat up from my scalping this week +1% though… Got beaten up and down, black and blue, you name it A lot of concentration needed. Lost view of bigger picture more often than I thought possible focusing on 5mins charts. New found respect for successful scalpers. It’s a lot of work. I’ll give it one more week.
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Re: Forex Trade Alerts Season 17 by redsox11: 4:46pm On Aug 06, 2017 |
Still...
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Re: Forex Trade Alerts Season 17 by redsox11: 4:50pm On Aug 06, 2017 |
NFP effect
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Re: Forex Trade Alerts Season 17 by Nobody: 5:44pm On Aug 06, 2017 |
redsox11:which time frame is the best on trading forex? |
Re: Forex Trade Alerts Season 17 by bigbasho: 6:17pm On Aug 06, 2017 |
redsox11: I dont think I can go back to picking levels on lower TF. I find looking higher and the chart seemed clear from there. watching chart on 5min can be very demanding to me. scalping is not easy bro. I dont want heart attack yet kikakikakia |
Re: Forex Trade Alerts Season 17 by redsox11: 7:44pm On Aug 06, 2017 |
bigbasho: I couldn't agree more with you. It's a lot stressful than anyone could think. I'm trading off 5mins , it's like NASCAR I tell you. Some will go down as much as 1min to trade, I think you have to be a brain surgeon to successfully trade that chart. Imagine, those years there is a guy on FF that trade on 5 seconds chart, I think he still does. |
Re: Forex Trade Alerts Season 17 by bigbasho: 9:26pm On Aug 06, 2017 |
redsox11: I didnot dispute that either. but believe me its more tasking. I have met someone on FF do same perfectly on 1 min chart. sometimes I dont open my chart in 24 hours. it just made trading less stressful looking from the top. Individual differences tho. |
Re: Forex Trade Alerts Season 17 by wickyyolo: 10:04pm On Aug 06, 2017 |
Thoughts 2 Likes
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Re: Forex Trade Alerts Season 17 by wickyyolo: 10:05pm On Aug 06, 2017 |
Thoughtss 2 Likes
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Re: Forex Trade Alerts Season 17 by Nobody: 4:07am On Aug 07, 2017 |
Exotic pipsbasketing........the big brother game I always fail everytime I do otherwise 1 Like
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Re: Forex Trade Alerts Season 17 by Nobody: 5:51am On Aug 07, 2017 |
The first thing to consider is a working strategy that works best for you, that describes and predicts somewhat close to the accuracy of price movement; then think about the timeframe. Kindly note that whatever technical understanding of price movement that works best on the lower timeframe (eg. M5) as well has a high tendency to work on higher time frame; nothing is changing except the waiting time. I see it more of a sinusoidal wave though unsteady but at the end, both output a similar overall trend, the lower TFs are sinusoidal waves with lower amplitudes when compared to the higher TFs, so when you trade them you are expected to often go in and out of the market at something close to the nodes and antinodes (max and min points on the graph) and this is because many cycles in lower TFs will make up only like half cycle of the higher TFs. When you trade lower TFs - you likely get more emotional and may lose temper which may make you blow your account since you will be recording too many losses/gains - You do not see the big pictures the big brothers see, do you know that some big investors stay on a trade for 6months or even a year. - You are not safe with news, especially when they come erratically and you want to keep going in and out, you blow account. - It gets you stuck/glued to the computer, sometimes I do not even open my system in 2days (peace of mind), with this I can do other businesses, attend to friends and families. - Technical indicators are more stable in higher TFs, i.e. they do not flunctuate randomly unlike in lower TFs, hence I see higher TFs like H4 higher as the best to test any new technical system. Selah bigbasho: redsox11: |
Re: Forex Trade Alerts Season 17 by Nobody: 7:54am On Aug 07, 2017 |
Still on the rolling 1 Like
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Re: Forex Trade Alerts Season 17 by hegelian: 8:12am On Aug 07, 2017 |
Pipsbasketings:The emotional deposit for scalping is too much but then its valuable for personal development...every successful trader should eventually try it to become a better person.. On the other way round, every trader trying to create a working strategy should look to trying it out on the lower tf...if your system work on the higher tf, go down to lower tf to look for its shortcomings.....lower tf help to show the week ness of systems 1 Like |
Re: Forex Trade Alerts Season 17 by wickyyolo: 8:48am On Aug 07, 2017 |
hegelian: Very true |
Re: Forex Trade Alerts Season 17 by wuyexzy: 11:16am On Aug 07, 2017 |
Pipsbasketings:hey bro i still very much see Gold bullish fa... long term buy. like that bro wey always shine he's teeth . i wont be surprised if we see mother of bulls |
Re: Forex Trade Alerts Season 17 by hegelian: 12:01pm On Aug 07, 2017 |
wuyexzy:maybe but gold for now is looking for a dip and that dip my turn to a full blown sell...1239 need to be touched first if the long will av any chance,except some crazy news come out to disturb the water...there is a price relaxation below 55EMA on 4hr tf |
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