From the the report and speech from NFP. Can we say that the dollar will get stronger next week?
Cuz from my own view I see a stronger dollar, because the reports are good...

Trade what you see on your charts bro. This market has a funny way of reacting to news.

infofirst:

Respect boss

Chairman.. I greet you

Capitals:

Chairman.. I greet you

Please how long does it take to complete babypips, the reading seems to be endless...lol... though I’m enjoying it... someone should respond please

Is Selling EURCAD pair apPealling or aPpalling to you?
EUR is weakening while CAD is strengthening. Combining the 2 currencies, if EURCAD is for a short trade, will that be appealing or appalling to you?

Chart: https://uk.tradingview.com/chart/EURCAD/HuBL73hL-Is-Selling-EURCAD-pair-apPealling-or-aPpalling-to-you/

PLAN YOU TRADES AND TRADE YOUR PLANS

blackman007:




Please how long does it take to complete babypips, the reading seems to be endless...lol... though I’m enjoying it... someone should respond please

Some people take more than 3 months to finish it, but the course is worth it and it's free. Take your time to complete the school. You may need to re-read for references as time goes by.

Good luck

blackman007:




Please how long does it take to complete babypips, the reading seems to be endless...lol... though I’m enjoying it... someone should respond please

For me, If memory serves me right, I think I went over the entire course in not less than 7 times within 6 months to a year. I flipped a few pages that I found uninteresting though like the meaning of those candle stick chart pattern example Dojis,hammers shoulder head etc.

Intact I even attempted to print it out page by page then but internet subscription then was not as readily available and strong and doing that look endless. Now, I could still go over it if I want to train people on fundamentals. Go through it guy, you are only going to get better off.

[quote author=alphaNomega post=82007086]

Some people take more than 3 months to finish it, but the course is worth it and it's free. Take your time to complete the school. You may need to re-read for references as time goes by.

Good luck


Thank you so much sir for your swift reply, I have some little amount of cash sitting idling somewhere, and I have a plan of investing it in forex using a paid signal service while Reading and practicing Before I can be able to trade on my own, is that advisable sir??

blackman007

I think you can use it to start a live account to get the feel of trading, but let me assure you that you will loose that money. Think of it as your forex school fees.

I would have advised you to use the money for something else but how would you learn to trade?

Invest in a live account. Use the lowest lot size available, keep studying your babypips course, that would speed up your learning.

Good luck.

maryjames9:


For me, If memory serves me right, I think I went over the entire course in not less than 7 times within 6 months to a year. I flipped a few pages that I found uninteresting though like the meaning of those candle stick chart pattern example Dojis,hammers shoulder head etc.

Intact I even attempted to print it out page by page then but internet subscription then was not as readily available and strong and doing that look endless. Now, I could still go over it if I want to train people on fundamentals. Go through it guy, you are only going to get better off.

Thanks and God bless YOU...

alphaNomega:
blackman007

I think you can use it to start a live account to get the feel of trading, but let me assure you that you will loose that money. Think of it as your forex school fees.

I would have advised you to use the money for something else but how would you learn to trade?

Invest in a live account. Use the lowest lot size available, keep studying your babypips course, that would speed up your learning.

Good luck.

So in other words, it’s not possible to trade forex without blowing accounts? No matter how careful, discipline, money management method we use?

blackman007:


So in other words, it’s not possible to trade forex without blowing accounts? No matter how careful, discipline, money management method we use?

For retail traders without experience and no mentor. IT IS NOT POSSIBLE. Even with a mentor your chances of loosing that account depends on his/her experience.

Statistics show that fairly profitable traders record more losses while trying to actively "train" a new trader. May be as a result of distractions or the never ending unpredictability of the markets.

I'm letting you know early enough how rough the business can get, not everyone has been successful to make trading their sole source of income but it is possible. You could be a great trader one day.

alphaNomega:
Trade what you see on your charts bro. This market has a funny way of reacting to news.

You are right sir

Somebody got banned

blackman007:




Please how long does it take to complete babypips, the reading seems to be endless...lol... though I’m enjoying it... someone should respond please

Not sure how long, that should depend on you I guess, anyone who learnt through babypips would be able to advise better on this.
I think you should implement what you have learnt so far on a Demo account...
Practice till you identify your market edge before trading Live, No need to rush else you could blow many accounts.

redsox11:
Possibility but nothing set in stone.
AN looking to break those significant highs before dropping could happen.

Before and After .

BullBearMkt:
Is Selling EURCAD pair apPealling or aPpalling to you?
EUR is weakening while CAD is strengthening. Combining the 2 currencies, if EURCAD is for a short trade, will that be appealing or appalling to you?

Chart: https://uk.tradingview.com/chart/EURCAD/HuBL73hL-Is-Selling-EURCAD-pair-apPealling-or-aPpalling-to-you/

PLAN YOU TRADES AND TRADE YOUR PLANS

I hope this works as you have indicated.
Already have some sells running, more or else trading with the house's money at this point cos I already took some profits.

Even though I wouldn't just hit the sell button at current levels, definitely looking forward to some price decline.

We'll just have to wait and see I guess...

Good Morning, brothers and sisters in arm

What would you recommend as the best device for trading?

I'm thinking of getting a good laptop but tablet seems to be more portable.

What's your advice?

Capitals:

I hope this works as you have indicated.
Already have some sells running, more or else trading with the house's money at this point cos I already took some profits.

Even though I wouldn't just hit the sell button at current levels, definitely looking forward to some price decline.

We'll just have to wait and see I guess...

...the truth of the matter is that EUR is weakening while CAD strengthening, for the next couple of weeks (2-3), I expect more downtrend of the pair. Other emerging pairs for short trades are EURAUD, EURNZD

BullBearMkt:

...the truth of the matter is that EUR is weakening while CAD strengthening, for the next couple of weeks (2-3), I expect more downtrend of the pair. Other emerging pairs for short trades are EURAUD, EURNZD

I agree with you 100 percent. Besides EURCHF, EURUSD and EURJPY that made a small pull back on Friday, hitting Friday resistance though still managing to resume selling just hours to Friday close on 4 hour chart, other EUR pairs are definitely hot for more selling come Monday especially EURAUD, EURCAD, EURNZD, EURGBP. Just waiting for 1 hour confirmation to trigger my selling Monday.

USDNOK and USDSEK also have huge bearish potential and gold and silver as they all look to confirm the beginning of a bearish trend. NZD look strongly bullish against other pairs and anyone with a good entry point can catch the upward ride.

Major indexes, natural gas, USOIL and UKOIL still look bullish. However, you might need a good entry point to buy.

Mind you, these are analysis based on my algorithms and price action as a result of the last 2 or 3 days of last week. Market is dynamic, fluid and can change at anytime.

Happy Sunday to you all.

oil for next week.
i want to see the yellow happen though, it'll let me get on the buy before the big drop

Preparing for a huge drop on Crash 1000.

voraz:
oil for next week.
i want to see the yellow happen though, it'll let me get on the buy before the big drop

How are you people able to predict movements like this?

voraz:
Preparing for a huge drop on Crash 1000.

In with you

I was going through archives here and I found this
https://www.nairaland.com/4111155/learn-forex-trading-absolutely-free

I see now why redsox11 is so respected, my respect for him increased even more after seeing all he did for new traders back then....thank you sir
Pipsbasketings Capitals .... beautiful monikers too

thatebonyiboy:



How are you people able to predict movements like this?

I'm noting possibilities with Wave Theory, watch for confirmations if it does play out and enjoy
It's either it drops in the 3waves (to make a wxy) I expect and push up higher before the big drop OR it just keeps crawling up to the top and fall

thatebonyiboy:


In with you

Nice!

maryjames9:


I agree with you 100 percent. Besides EURCHF, EURUSD and EURJPY that made a small pull back on Friday, hitting Friday resistance though still managing to resume selling just hours to Friday close on 4 hour chart, other EUR pairs are definitely hot for more selling come Monday especially EURAUD, EURCAD, EURNZD, EURGBP. Just waiting for 1 hour confirmation to trigger my selling Monday.

USDNOK and USDSEK also have huge bearish potential and gold and silver as they all look to confirm the beginning of a bearish trend. NZD look strongly bullish against other pairs and anyone with a good entry point can catch the upward ride.

Major indexes, natural gas, USOIL and UKOIL still look bullish. However, you might need a good entry point to buy.

Mind you, these are analysis based on my algorithms and price action as a result of the last 2 or 3 days of last week. Market is dynamic, fluid and can change at anytime.

Happy Sunday to you all.

Precise nd meaningful. More Green pips to us all this coming week. Thumbs.
I have a eu sell as at Friday 1.1025. Looking forward to tap some from it too.

Hello House, I'm new here. I've learnt a lot following the thread.

To get the basics, I think one should go through this few times.

https://www.babypips.com/learn/forex
Courses.

PRESCHOOL COURSE 1 0F 11
KINDERGARTEN COURSE 2 OF 11
ELEMENTARY COURSE 3 OF 11
MIDDLE SCHOOL COURSE 4 OF 11