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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (361658 Views)
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Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 11:34am On Mar 12, 2019 |
pinbar:You have eyes bro. I have resumed selling GBPNZD and GBPAUD. My love for GBP pairs will do me in in this my Forex Career 2 Likes |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 11:43am On Mar 12, 2019 |
Experience is the best teacher. All that's happening is an opportunity to learn. If you pay attention to the big Tf. News will be fuel to price movement. GBP has always been known to be one of the most radical currency. Good MM. Overtrading is an unforgivable sin in this business. All through yesterday I never see GBP selling but I was expecting a bull though never expecting that much in one day but I was thinking it will take days. So news as usual fuel the move. That's what news is for. Fuel the move, shake the ground and throw the unprepared traders out of balance. When serious news happens your sl will not work. Your broker platform will do you wayo. So MM, long term perspective and patience will help you much better. 1 Like |
Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 11:44am On Mar 12, 2019 |
Shevychen2:2 open positions on GBPAUD, 2 open positions on GBPNZD. I thought it was time to finally kill the market Lesson learnt. No analysis is failproof, Money Management matters most It's nice to see the old hands are coming back to the thread Infofirst coman see how badly I have done. I need beating |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 11:46am On Mar 12, 2019 |
AwesomeDuru: Just know where to sell and buy. That shd be your assignment when you are not trading. Combining too many Gbp pairs at a time can hurt just as It can help. Meanwhile Gbp to me will still break the last swing high. That's the mission. So enjoy the rides here and there. |
Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 11:48am On Mar 12, 2019 |
PJAMES1:I heard people say during highly volatile period that your stop loss may not be triggered, how do you prevent such? |
Re: Forex Trade Alerts: Season 19 by redsox11: 11:49am On Mar 12, 2019 |
Edd1e:That's why I call it low risk high reward, you will get in with tight SL. Problem is it's asian session when a lot of people are sleeping and can't trade. There's a setup every week. collitexnaira: Few other site, even some do live cast and speculation. I use FF tho and from there you can see brexit on Tuesday, that alone tells you that it's brexit week, and expect some crazy manipulation. Same happen Jan and all other week we have brexit news.
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 11:49am On Mar 12, 2019 |
AwesomeDuru: You will bounce. Just learn from it. The market does not forgive over trading. 1 Like |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 11:52am On Mar 12, 2019 |
While you are looking for news as explanation. Look at what I was looking, if you are me, what would you have done when gu approached 1.295*.......if you trust your analysis. 1 Like
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Re: Forex Trade Alerts: Season 19 by pinbar(m): 12:02pm On Mar 12, 2019 |
AwesomeDuru: Please be careful, 2 GBP trades for your account may be too much excitement, you may actually hit a jackpot but then again, we wanna treat it like a business, right? 1 Like |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:03pm On Mar 12, 2019 |
GladmanGoddey: MM. Patience, discipline, long term view. FX no b beans and it's even more challenging for a naija trader. Man need to make the money at all cost. Like me for example, I strongly believe am one of the crazy trader in this market. I do not use stop loss. Even when I state stops for a trade, I only use mental stops. I can let a trade run for a year. I usually trade Islamic account so no swap. I can b fine with minus 1000 pips. Once am in line with the long Tf. Am good. Don't copy my approach because our experience and situation are not the same. But the safest approach is to never compromise MM. Imagine some one trading 0.01 lot on a $1000 account and not taking more than two trades. Such will do very fine without fear of news or what have you. 1 Like |
Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 12:05pm On Mar 12, 2019 |
GBP is going berserk 2 Likes |
Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 12:07pm On Mar 12, 2019 |
infofirst:very true |
Re: Forex Trade Alerts: Season 19 by pinbar(m): 12:10pm On Mar 12, 2019 |
GladmanGoddey: Nah.... its just paying the bills 2 Likes
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:13pm On Mar 12, 2019 |
GladmanGoddey: One of what GBP is known for. Trade safe. 2 Likes |
Re: Forex Trade Alerts: Season 19 by Shevychen2: 12:14pm On Mar 12, 2019 |
infofirst: Agree.. Trailing stop hit on my current positions but will reopen before the end of their vote around 7.30-8. |
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 12:17pm On Mar 12, 2019 |
infofirst: Hmmm.. Thank you very much. That example is gold. Some say if one can't sleep well while having an open trade. One is risking too much. If 0.01 goes against one.. 500 pips.. That's still like 50 dollars. It's why I believe one should calculate with a position size calculator and stick to that position size. And one should not risk more than 3% of one's capital. |
Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 12:17pm On Mar 12, 2019 |
pinbar:Chai see money Congrats, can you share your analysis on why you decided to buy? |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:20pm On Mar 12, 2019 |
PJAMES1: Exactly. Slow and steady like the crocodile is much better. 2 Likes |
Re: Forex Trade Alerts: Season 19 by pinbar(m): 12:21pm On Mar 12, 2019 |
pinbar: ok, i wasnt expecting the drop to be this soon, but i have cashed out.... it means price could as well fly up... so be careful guys, take what you can get from the market and clean mouth. 3 Likes |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:31pm On Mar 12, 2019 |
Somebody trading indicator somewhere will be screaming over sold since and gbp refuses to stop selling. And some body somewhere will b saying those indicators can kill it for you. 1 Like |
Re: Forex Trade Alerts: Season 19 by pinbar(m): 12:39pm On Mar 12, 2019 |
Sell USDCHF @ current price sl 100 pips tp 150 pips Breakeven @ 40pips Trade responsibly please 2 Likes 1 Share
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Re: Forex Trade Alerts: Season 19 by Edd1e(m): 12:39pm On Mar 12, 2019 |
infofirst: lol. Welcome to the world of Forex |
Re: Forex Trade Alerts: Season 19 by seyiade26: 12:51pm On Mar 12, 2019 |
infofirst: What if you make your own indicators like I do?? This is not to brag; but maybe to find a bit of side work. Now that all the bosses in the house... |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:32pm On Mar 12, 2019 |
Nice thread. Are u an active Forex trader? Then check my signature. |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:33pm On Mar 12, 2019 |
Edd1e: Lol. Forex is always confusing at the start. Are u an active forex trader? |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:36pm On Mar 12, 2019 |
infofirst: Since u are an active Fx Trader, check my signature, it might be useful to u. |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:37pm On Mar 12, 2019 |
seyiade26: I hope u checked everything well to be sure and also I hope u read their terms and conditions. Contact their support. |
Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 1:39pm On Mar 12, 2019 |
PrecisionFx:Lol. Who are you and when did you start trading Forex? 1 Like |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:41pm On Mar 12, 2019 |
AwesomeDuru: Would u like this discussion to go down this lane ur dragging it towards, Or would u simply prefer to ask questions |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:41pm On Mar 12, 2019 |
seyiade26: Personally made trading indicator is different boss. Since you came up wit it. It will not be the same. I was only referring to those overbought and oversold common ones. |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:43pm On Mar 12, 2019 |
PrecisionFx: Maybe you shd read some pages ehn. $200-300 sha. Offer $10,000 and am on. Me Sef can do better than what you are offering. I can offer you more. Come on 3 Likes |
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