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Forex Trade Alerts: Season 19 - Business (134) - Nairaland

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Re: Forex Trade Alerts: Season 19 by currentprice: 10:04am On Jun 25, 2019
for those trading oyel. it appears oyel is pregnant for BEARS. it may likely born soon grin

1 Like

Re: Forex Trade Alerts: Season 19 by currentprice: 10:15am On Jun 25, 2019
for me, it a sell at any place here but less risky trade will be below mark levels

if u want to trade it pls don't forget your SL o. 100pips

Goodluck

4 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by meshpips(m): 11:24am On Jun 25, 2019
@ currentprice, one of these days, I will try out my method on this oil.

Let's see how it would work.
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 12:15pm On Jun 25, 2019
Natural Gas has been in a ranging position. Closely watching for a break out direction for either Sell or Buy. But I am Bullish biased at the moment tho still in pending order
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 12:18pm On Jun 25, 2019
USDCHF strongly Bullish. Buy Order yielding over 40pips

1 Like

Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 1:03pm On Jun 25, 2019
Gold Sell @1427.00
Stop Loss @1435
Take Profit @1420

2 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 5:31pm On Jun 25, 2019
GladmanGoddey:

Sir, have you ever heard of pip society, they have videos on youtube? if yes what do you think of them
Nope, I looked it up after you mentioned. I don't see anything here, don't get carried away with hype on youtube. Ask for myfxbook link.

I just saved my buddie a 5000$, he was going to deposit fund to some account manager , I told him ask for myfxbook. He asked and he was given one for just 2 month trading history (1st month -17%, 2nd month +54%). I told my friend, that's not good enough history to bank on. And guess what? the manager is -17% this month and 60% in drawdown.

I saved his butt, he would have been crying or what have you if he didn't listen to me when I told him not to invest.

True story, image attached.

2 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 5:39pm On Jun 25, 2019
Too long in the game to be moved by hype. I've seen real good traders but most of them don't sell shi*t online because they can trade to make what they need.

1st rule of investing in forex is to be super sceptic. I can post few winning trades on here, but how can you tell, I've not lost say 80% of my equity that I didn't show/post online for you guys to see. Maybe I post only my winning trades, so you guys can think I'm the boss?

Ppl do sh*t online, don't believe anything you see online. This is what I tell ppl/ my friends. Stay grounded.

I've got a lot of useful info, a lot of useful link/ thread that could help a lot of people or we could have people that is doing good here help others.

Usually peeps be like , I spent 7 years to be this good, so I aint giving this away just like that lol.

6 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by redsox11: 5:57pm On Jun 25, 2019
redsox11:
Some of my invaluable tools.
Check the pip count on the 1st swing, then expect something close -/+ for the 2nd swing.
Use this to time your TP or your counter entries.
How many peeps here was listening when I mentioned this earlier? well just took some coins out of EU by playing the counter trade.

Bosses here, know thy market, study, chart time/screen time.

Working on some mind bending project , don't want to talk about it until I'm able to record success.
Nothing is impossible.

4 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 6:05pm On Jun 25, 2019
On my scalping thread, posted that I was looking to short NU but it got away sad shocked angry
No NU coins for me. Shutting down the T-Station.
Tomorrow is another day.

Ps: Enough of my rants. Trade well guys.

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:02pm On Jun 25, 2019
PJAMES1:
GBPNZD.

Bearish bias. An opportunity to go short may come up. I am looking for an entry. However, if I do not get a satisfactory reason to enter. I will stay out.
Some caution though...
1) I could be wrong.
2) Trading GBP pairs can be challenging because of fundamental issues surrounding the pairs. If you are a swing trader who uses tight stops, I believe it may be better to avoid them. Talking from experience.. My stops aren't even usually tight and yet I had to remove most of them from the pairs I trade at a time. They could be troublesome.

Always remember that one could be wrong at any time, and that money management and responsible trading are part of the core factors that make a difference. Some will be right, some will be wrong.

Closing the upper trade at about 390 pips. Held the position for more than a month.
Holding the lower one but it is now a risk free trade as stop loss is at Break Even already.
I think this will continue lower.
I may sell again if the next support (1.8980) is broken but I don't know yet.

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:18pm On Jun 25, 2019
Liamm:
Please guys. Can I get an honest opinion?

I have no trading knowledge. Looking for a skill that will sustain me and still improve my savings and I just started thinking in the forex trading direction. I would gladly welcome your advice on venturing into forex. Any hope for someone who intends to start with $100? How long from now before I start going into live trades? What's the profit like on monthly basis for a startup of $100? Any chance of losing all funds on my first trial?

Thanks

It will take time before you become profitable. That's the truth. Can be up to a year. Can even be more, can take years. Started learning around February 2018, still finding my feet. It takes time and patience. And you have to endure the process. Any other thing would be deceiving. And you are likely to lose your starting capital especially if you are in a hurry to trade live. So you probably can find something else for now while you start learning forex because it will take a while before you get consistent returns from forex. Forex isn't a bad idea. But you can't afford not to have enough education. Please find out everything you need to know and study before putting your money. You will likely lose your initial capital. So start small. That $100 is okay for someone just starting. Meanwhile you have to demo trade copiously before you even use the $100 for live trading. After that, you would have a feel of the market.
But if you can be patient with the process and learn, you may have your reward someday.

As for starting capital and what it will bring monthly and all, by the time you learn forex and demo trade for enough time, you will know how to estimate what that capital size can bring as returns. It's however very difficult to trade right (follow money management principles) with $100. You will find out by the time you learn.

People are really earning much from forex. But they were diligent, took their time to learn, and are very disciplined. If you can master forex, you have a lovely skill on your hands.

6 Likes

Re: Forex Trade Alerts: Season 19 by Liamm(m): 7:30pm On Jun 25, 2019
PJAMES1:


It will take time before you become profitable. That's the truth. Can be up to a year. Can even be more, can take years. Started learning around February 2018, still finding my feet. It takes time and patience. And you have to endure the process. Any other thing would be deceiving. And you are likely to lose your starting capital especially if you are in a hurry to trade live. So you probably can find something else for now while you start learning forex because it will take a while before you get consistent returns from forex. Forex isn't a bad idea. But you can't afford not to have enough education. Please find out everything you need to know and study before putting your money. You will likely lose your initial capital. So start small. That $100 is okay for someone just starting. Meanwhile you have to demo trade copiously before you even use the $100 for live trading. After that, you would have a feel of the market.
But if you can be patient with the process and learn, you may have your reward someday.

As for starting capital and what it will bring monthly and all, by the time you learn forex and demo trade for enough time, you will know how to estimate what that capital size can bring as returns. It's however very difficult to trade right (follow money management principles) with $100. You will find out by the time you learn.

People are really earning much from forex. But they were diligent, took their time to learn, and are very disciplined. If you can master forex, you have a lovely skill on your hands.
quite an expository read. Concise and straight to the point. Thank you very much Sir.
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:29pm On Jun 25, 2019
Liamm:
quite an expository read. Concise and straight to the point. Thank you very much Sir.

You are welcome.
Re: Forex Trade Alerts: Season 19 by Nobody: 9:14pm On Jun 25, 2019
PJAMES1:


It will take time before you become profitable. That's the truth. Can be up to a year. Can even be more, can take years. Started learning around February 2018, still finding my feet. It takes time and patience. And you have to endure the process. Any other thing would be deceiving. And you are likely to lose your starting capital especially if you are in a hurry to trade live. So you probably can find something else for now while you start learning forex because it will take a while before you get consistent returns from forex. Forex isn't a bad idea. But you can't afford not to have enough education. Please find out everything you need to know and study before putting your money. You will likely lose your initial capital. So start small. That $100 is okay for someone just starting. Meanwhile you have to demo trade copiously before you even use the $100 for live trading. After that, you would have a feel of the market.
But if you can be patient with the process and learn, you may have your reward someday.

As for starting capital and what it will bring monthly and all, by the time you learn forex and demo trade for enough time, you will know how to estimate what that capital size can bring as returns. It's however very difficult to trade right (follow money management principles) with $100. You will find out by the time you learn.

People are really earning much from forex. But they were diligent, took their time to learn, and are very disciplined. If you can master forex, you have a lovely skill on your hands.

I feel $100 is small to start trading. 3% of $100 is $3 and its small (30pips) to me sha.

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 9:27pm On Jun 25, 2019
bojbest:


I feel $100 is small to start trading. 3% of $100 is $3 and its small (30pips) to me sha.

It's smiley smiley
So if you are risking 3% per trade.. This is assuming a lot size of 0.01. If your RRR is 1:2.. That's $6 per trade when you reach your tp. And $3 loss for each losing trade.
That's why I said if you want to follow money management principles, $100 is hard to trade with.

But it's ideal for the first trial at live trading. One would probably lose that money anyway. So. It's ideal to start with $100 and trade 0.01 strictly. One will usually figure out when to go higher as regards trading capital.
Like the bosses here say.. If one can't be profitable with a small account, one can't be with a larger account.

1 Like

Re: Forex Trade Alerts: Season 19 by dungas30(m): 6:18am On Jun 26, 2019
pls guys am just a newbie to forex . pls how can I place a trade to succeed all the TP123
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 7:46am On Jun 26, 2019
dungas30:
pls guys am just a newbie to forex . pls how can I place a trade to succeed all the TP123

Dilligently study babypips from beginning to end.
Just search Google for babypips.
When you are done, check your question again.
That's the first way to know if you have made significant progress.
Re: Forex Trade Alerts: Season 19 by dungas30(m): 8:51am On Jun 26, 2019
PJAMES1:


Dilligently study babypips from beginning to end.
Just search Google for babypips.
When you are done, check your question again.
That's the first way to know if you have made significant progress.
if u know just answer than referring me to baby pips
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:58am On Jun 26, 2019
dungas30:
if u know just answer than referring me to baby pips

Alright.
All the best.
I do hope you find your answer. smiley smiley

1 Like 1 Share

Re: Forex Trade Alerts: Season 19 by collitexnaira(m): 9:20am On Jun 26, 2019
dungas30:
if u know just answer than referring me to baby pips

You don't seem ready to learn, seems you are so eager to lose your money to the brokers. Someone provided you one of the best way for you to learn the basics you seeks but you rebuffed it. Hope you find what you are looking for

7 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by Nobody: 9:32am On Jun 26, 2019
PJAMES1:


It's smiley smiley
So if you are risking 3% per trade.. This is assuming a lot size of 0.01. If your RRR is 1:2.. That's $6 per trade when you reach your tp. And $3 loss for each losing trade.
That's why I said if you want to follow money management principles, $100 is hard to trade with.

But it's ideal for the first trial at live trading. One would probably lose that money anyway. So. It's ideal to start with $100 and trade 0.01 strictly. One will usually figure out when to go higher as regards trading capital.
Like the bosses here say.. If one can't be profitable with a small account, one can't be with a larger account.

You are a badt guy. @ One would probably lose that money anyway.
Re: Forex Trade Alerts: Season 19 by Nobody: 9:34am On Jun 26, 2019
PJAMES1:


It's smiley smiley
So if you are risking 3% per trade.. This is assuming a lot size of 0.01. If your RRR is 1:2.. That's $6 per trade when you reach your tp. And $3 loss for each losing trade.
That's why I said if you want to follow money management principles, $100 is hard to trade with.

But it's ideal for the first trial at live trading. One would probably lose that money anyway. So. It's ideal to start with $100 and trade 0.01 strictly. One will usually figure out when to go higher as regards trading capital.
Like the bosses here say.. If one can't be profitable with a small account, one can't be with a larger account.

You are a badt guy. @ One would probably lose that money anyway. Somebody's salary. Lolzz
Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 10:13am On Jun 26, 2019
redsox11:
Nope, I looked it up after you mentioned. I don't see anything here, don't get carried away with hype on youtube. Ask for myfxbook link.

I just saved my buddie a 5000$, he was going to deposit fund to some account manager , I told him ask for myfxbook. He asked and he was given one for just 2 month trading history (1st month -17%, 2nd month +54%). I told my friend, that's not good enough history to bank on. And guess what? the manager is -17% this month and 60% in drawdown.

I saved his butt, he would have been crying or what have you if he didn't listen to me when I told him not to invest.

True story, image attached.
Okay Sir smiley

1 Like

Re: Forex Trade Alerts: Season 19 by Nelsmannnnnnnnn(m): 10:53am On Jun 26, 2019
Guys,

Please I need your response, I recently registered to open a crypto wallet with Luno and during the registration process, I was asked for my BVN... please is it SAFE to fill in my BVN details?

Quick response on this will be much appreciated.
Re: Forex Trade Alerts: Season 19 by Nobody: 11:03am On Jun 26, 2019
redsox11:
Nope, I looked it up after you mentioned. I don't see anything here, don't get carried away with hype on youtube. Ask for myfxbook link.

I just saved my buddie a 5000$, he was going to deposit fund to some account manager , I told him ask for myfxbook. He asked and he was given one for just 2 month trading history (1st month -17%, 2nd month +54%). I told my friend, that's not good enough history to bank on. And guess what? the manager is -17% this month and 60% in drawdown.

I saved his butt, he would have been crying or what have you if he didn't listen to me when I told him not to invest.

True story, image attached.

Don't get it twisted CHAIRMAN. There are few good information on YouTube. Depends on what you are looking for. People who want to get genuine information on trading will get it live and direct. There are folks that even do live webinars there. They will give you just as it is. As ugly, as brutal, as harsh, as true as forex is.

However, people always go for topics like MAKE 1000 DOLLARS IN TWO MINUITES or SEE HOW I TURNED 100 DOLLARS TO 70000 DOLLARS IN TWO DAYS or LET ME TEACH YOU HOW TO BECOME A BILLIONAIRE WITH MY ROBOT. These topics are what folks always love to watch and those videos are as fraudulent as MMM.

Again, as much as it is good to trade by oneself, there are good money managers too. They are very few yes but there are. Remember, past success does not in anyway guarantee future trading exploits but there are big time money managers,may be not many Nigeria but there are.

Lastly, people especially love to exaggerate this forex out of proportion like it is one giant scary big evil. Forex is very risky yes but when you move or trained by the right people and have right mindframe,you profit. People are making money from forex o, though not as hyped but forex is not that difficult when you know what you are doing and you stick to it.

5 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by redsox11: 12:00pm On Jun 26, 2019
I'm talking about 98% of snake oil salesmen on youtube. Ones that need your 99$ or 299$ to share with you some trading secret.
Nothing bad with free information on youtube.

1 Like

Re: Forex Trade Alerts: Season 19 by Nobody: 12:06pm On Jun 26, 2019
Nelsmannnnnnnnn:
Guys,

Please I need your response, I recently registered to open a crypto wallet with Luno and during the registration process, I was asked for my BVN... please is it SAFE to fill in my BVN details?

Quick response on this will be much appreciated.

I don't do crypto though I analyse for my guys who are into it. However, Luno seem to be a reliable platform. I have heard of them a few times. Furthermore, I don't know why you should be scared of providing your BVN. I have provided my BVN to many sites especially online stock braking firms, money markets and treasury bills online platforms and I have only used a few of them. The worst that someone can use your BVN for is to know all your accounts in different banks and how much you have in those accounts(that is if the person is an employee of all those banks which is a waste of their time, you are not Dangote or Oyedola are you). They can't steal your money so long you dont misplace or provide them or send them your sensitive account information like ATM card numbers, scanned signaturess,Security numbers, four digit pins, online banking app passwords, and your phone. So relax. Luno strike me as a reliable platform.

1 Like

Re: Forex Trade Alerts: Season 19 by Maljp: 12:12pm On Jun 26, 2019
Forex trading bears a lot of risks. It should not be traded by inexperienced traders. Significant knowledge is required in order to make profits on this market, so it would be advisable to use demo account in the beginning and enrol some of many free online courses
Re: Forex Trade Alerts: Season 19 by Nobody: 12:23pm On Jun 26, 2019
Maljp:
Forex trading bears a lot of risks. It should not be traded by inexperienced traders. Significant knowledge is required in order to make profits on this market, so it would be advisable to use demo account in the beginning and enrol some of many free online courses

Yes o. I remember one lecturer friend. He won't take time to learn. He funded account with 85,000 equivalent of 500 dollars (omo naira is becoming useless o, see wetin 500 dollars don turn to). He entered eu and was loosing fast. He said WHATEVER GOES UP MUST COME DOWN. Instead make the guy cut his loss and exit to learn, he held the trade till FXTM help him close the account when the account reach 3 dollars.

4 Likes

Re: Forex Trade Alerts: Season 19 by jamace(m): 2:41pm On Jun 26, 2019
jamace:
Alert! Alert!! Alert!!!

BUY USDCAD @ 1.31900

Note: Alert based on H4 TF
I'm still holding unto this trade. Patience is key in this business. You may wish to join me at your risk. grin

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