₦airaland Forum

Usdjpy possible shs

Eurjpy

Eurchf

Chiscomax:
Hello Masters.

I am new to forex and currently undergoing a course with BabyPips. I have downloaded Metatrader4 and trying out the Demo. I still have not fully understood how not to make Loses. Although i have been making some wins but also making Loses.

Please is there any material or course which helped you fully understand how forex works? I will appreciate this. Thanks.

Go to www.investoo.com

Goodluck.

DemmyDaat:
Go to www.investoo.com

Goodluck.

thanks brother, I really appreciate

Morning @pipnator

Look at this buy opportunity
But the trend is down, very strong.

If trend is your friend, how do we trade this chart?

Padyautos:
Morning @pipnator

Look at this buy opportunity
But the trend is down, very strong.

If trend is your friend, how do we trade this chart?

Morning bro..
Which pair is it, what time frame.
Yea, looking at the chart and the trendlines, there might be a buy opportunity.
Thats, buy from the down trendline to the upper trendline.
The buy opportunity should be valid if price continues to stay above/within the support area.

NZDJPY
DAILY CHART

Padyautos:
NZDJPY
DAILY CHART

Yea, price seems to be respecting the area I hightlighted with small yellow circle and price might go up from there to the resistance. However, you will also notice the small red trendline, price might respond to it and fall down to the support. Its monday, I will suggest you sit on your hand and wait for price to fully set up but if you are very convinced of it based on your strategy, you can pull the trigger. Whatever the outcome, its a success you traded your strategy.

Here is a similar chart to other Japanese chart.
They are all giving buying opportunity but there seem to be signs it might just make a small downward movement before the upward movement begins.
As someone would say, price makes history and often times history repeats itself. Also, price trades in patterns. You can see the pattern I highlighted.
Price broke the yellow trendline, hits resistance (red line) and falls back to the previous support (blue) and then moves upward (buy/white).

In this, im hoping for a buy as long as price doesnt breakout from the major yellow channell.

Is Forex trading more or less like Virtual soccer? Because it seems very uncertain

Chiscomax:
Is Forex trading more or less like Virtual soccer? Because it seems very incertain

Chiscomax:
Is Forex trading more or less like Virtual soccer? Because it seems very uncertain

Forex Trading is an art that requires skillful methods and keen understanding (which can only begotten over a period of time)to decipher it

Where are the brilliant signal providers ??

SELLSTOP: AUDUSD@1.2834 TP 1.21814 SL1.2864

Sorry its

SELLSTOP GBPUSD@1.2834 TP 1.2814 SL1.2864

I love signals with chart markups

buy usdchf long term

late entry tho


stay green

tip: buy the dollar

steveblue:
Forex Trading is an art that requires skillful methods and keen understanding (which can only begotten over a period of time)to decipher it

So it is not gambling?

Yes Ofcourse but involves pure logic and the right frame of mind

@pipnator

If you have signal to buy (for example) on 4 different JPY pairs, do you trade all the 4 or you will choose some?

Why am asking is cos of risk. Since they all move alike, don't you think one can loose more money

Padyautos:
@pipnator

If you have signal to buy (for example) on 4 different JPY pairs, do you trade all the 4 or you will choose some?

Why am asking is cos of risk. Since they all move alike, don't you think one can loose more money

I will trade one, the one with the best set up.
Sometimes, I add another but with lesser lot size.


Did you take that NJ buy?

Chiscomax:
So it is not gambling?

At least with the way I see it..
Its 101% gambling but you have some tools like MAs, MACD and the rest to actually forecast what price might do.
Thats unlike dog race, lottery where you rely solely on luck.

Open an FXTM account and get 25$ for free . pm me for more details.
The competition will start soon. Don't worry the competition is done on demo and not live.

PIPnator:
I will trade one, the one with the best set up.
Sometimes, I add another but with lesser lot size.


Did you take that NJ buy?

I took the buy but I closed it @ $2 profit
When my overall open trade was already at profit.

Thanks

incredibleace:
buy usdchf long term

late entry tho


stay green

tip: buy the dollar

+50 pips now

will trail this, and see how far we go

Any signal or open position ?

CADJPY 4hrs

Bolutumiii:
There will also be Demo Forex Competition on FXTM this month ending with withdrawable cash as reward for the top 5, if you are interested, you can sign up with them. #GoodLuck

Hello bolu, remind me again of the trading project you were on one time like that. You were showing come links for verification here then.

harizonal123:
Volatility is something else this morning. Traders should approach the market with caution and stop loss must be in place for every trade.

#Plan your trade carefully and trade your plan with good risk management

That cartoon picture of yours is so spot on. Chaos things. I plan on creating something similar pretty soon.

Chiscomax:
Hello Masters.

I am new to forex and currently undergoing a course with BabyPips. I have downloaded Metatrader4 and trying out the Demo. I still have not fully understood how not to make Loses. Although i have been making some wins but also making Loses.

Please is there any material or course which helped you fully understand how forex works? I will appreciate this. Thanks.

I have a training series on YT. google it up. It would help out a beginner like you.