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Forex Trade Alerts: Season 20 - Business (324) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Nobody: 12:01pm On May 02, 2020
heskeyw:
Saxy and Co suppose dey do giveaway for here. Or even distribute covid19 palliative for this group. Una dn chop forex money.

You dey mind am? He dey chop everything alone
Re: Forex Trade Alerts: Season 20 by Tonyfx: 12:24pm On May 02, 2020
GladmanGoddey:
I have been able to trade an account for three month without blowing it grin I have progress small grin
Hope to break even soon kiss
Forex is not easy oh cheesy

Keep it up cool

1 Like

Re: Forex Trade Alerts: Season 20 by heskeyw(m): 12:54pm On May 02, 2020
walexy100:

You dey mind am? He dey chop everything alone
No talk am like that. Na him money ooo, . I Was using the giveaway to joke

1 Like

Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 1:03pm On May 02, 2020
walexy100:


You dey mind am? He dey chop everything alone

grin grin I thought you said he was trading demo
Re: Forex Trade Alerts: Season 20 by Kene1245(m): 1:40pm On May 02, 2020
Gold price bounced strongly on Friday after reaching the support zone around $1,670. during the week a move towards the first support level of $1,670 was very possible specially if price were to break $1,690-$1,700. Price reached that level and is now back testing the Kumo (cloud). Here at $1,700 we have important resistance. Trading below the cloud implies that short-term trend is bearish. A rejection therefore will confirm that bears have control of the short-term trend and could lead to a new move lower towards $1,630-$1,600. On the other hand if bulls manage to penetrate the cloud and break above $1,710-20 then we could see a move towards $1,740-50 come fast. Monday's session is very important for the short-term move in Gold.

1 Like

Re: Forex Trade Alerts: Season 20 by Kene1245(m): 1:41pm On May 02, 2020
Gold price bounced strongly on Friday after reaching the support zone around $1,670. during the week a move towards the first support level of $1,670 was very possible specially if price were to break $1,690-$1,700. Price reached that level and is now back testing the Kumo (cloud). Here at $1,700 we have important resistance. Trading below the cloud implies that short-term trend is bearish. A rejection therefore will confirm that bears have control of the short-term trend and could lead to a new move lower towards $1,630-$1,600. On the other hand if bulls manage to penetrate the cloud and break above $1,710-20 then we could see a move towards $1,740-50 come fast. Monday's session is very important for the short-term move in Gold.

Re: Forex Trade Alerts: Season 20 by Karleb(m): 1:50pm On May 02, 2020
Long time ichimoku.
Re: Forex Trade Alerts: Season 20 by Richsteemit: 2:41pm On May 02, 2020
Who know about xm broker I want to register and is it true they give free 30 dollars to trade.
Re: Forex Trade Alerts: Season 20 by Abambam: 3:11pm On May 02, 2020
walexy100:
A beg where you dey get this signal generator?
It's a chart pattern I had coded for me at fxcodeb as I don't want to look through all the chart. With the signal generator, I can see what's going on on all the currencies I input into the generator. The generator scan all currencies I want and look for the pattern for me, then notify me.

3 Likes

Re: Forex Trade Alerts: Season 20 by Abambam: 3:17pm On May 02, 2020
Abambam:
Waiting for sell engulf here, valid for 1hr, that is before 4h candle closes.
The engulf showed but after 1hr, so not valid.

Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 3:33pm On May 02, 2020
Richsteemit:
Who know about xm broker I want to register and is it true they give free 30 dollars to trade.


They don't give to Nigerians anymore...I guess we have abused it...

I know I did sha... withdrew my very first forex earnings with that bonus
Re: Forex Trade Alerts: Season 20 by Richsteemit: 5:17pm On May 02, 2020
saxy4c:
I took a reentry because of this.
Price is also at the 38 Fib.

Saxy4 have send a Gmail to you, pls I need your help in this forex
Re: Forex Trade Alerts: Season 20 by tundeontop: 5:23pm On May 02, 2020
Good day Senior traders,
I want to ask please,when drawing a trendline,should I ignore the shadows and focus on only the body? How should I draw a nice trendline?


I've been trading on live account since November,and I've blown more than $400. Tho' I've been on demo for over one year.I'm trading on trendline breakouts/reversal.I think there is something I'm not doing right. Thanks
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 5:30pm On May 02, 2020
Responded.
Richsteemit:


Saxy4 have send a Gmail to you, pls I need your help in this forex
Re: Forex Trade Alerts: Season 20 by Skanas(m): 6:04pm On May 02, 2020
NwanyiOkpa:
Good evening.

I am new to forex and i have downloaded meta trader 4.i have me demo account of 100,000USD.

Please, how can i place a bet? I am a bit confused.

Hmmm bet??

Just go to www.babypips.com to learn the BASICS of forex trading, also download videos and materials(there are enough videos on YouTube ) that will help you in learning and understanding the BASICS of trading...this is just the first of many steps in your trading journey...it’s a long road oooo but fear not, with perseverance, you will surely get there.
Re: Forex Trade Alerts: Season 20 by Tonyfx: 6:29pm On May 02, 2020
tundeontop:
Good day Senior traders,
I want to ask please,when drawing a trendline,should I ignore the shadows and focus on only the body? How should I draw a nice trendline?


I've been trading on live account since November,and I've blown more than $400. Tho' I've been on demo for over one year.I'm trading on trendline breakouts/reversal.I think there is something I'm not doing right. Thanks

Just $400 na small thing joor anyway don't ignore the shadows.
If I may ask, how many % do you risk per trade or what position size(lot size) do you open per trade.
Re: Forex Trade Alerts: Season 20 by vower(m): 6:31pm On May 02, 2020
Whoelse rode the USDCAD all the way up from that support this week?
Re: Forex Trade Alerts: Season 20 by tundeontop: 6:46pm On May 02, 2020
Tonyfx:


Just $400 na small thing joor anyway don't ignore the shadows.
If I may ask, how many % do you risk per trade or what position size(lot size) do you open per trade.
0.2 Sir

You said just $400? No be small labour I dey do to get small change o.
Re: Forex Trade Alerts: Season 20 by Tonyfx: 7:11pm On May 02, 2020
tundeontop:
0.2 Sir

You said just $400? No be small labour I dey do to get small change o.

Nor worry, in time you will understand why I said na small thing.
0.2 on a $400 acct Its either you let your emotions get the best of you when you have a live trade, or you ain't been consistent with your strategy. Or maybe you need to try out a new strategy.
Re: Forex Trade Alerts: Season 20 by Goldhomes(m): 7:36pm On May 02, 2020
Tonyfx:


Nor worry, in time you will understand why I said na small thing.
0.2 on a $400 acct Its either you let your emotions get the best of you when you have a live trade, or you ain't been consistent with your strategy. Or maybe you need to try out a new strategy.
OR
I guess he is not following a strict money management or risk model.
If you ask him he may not believe in stop loss.

Address all about listed problems and watch your trading improve

1 Like

Re: Forex Trade Alerts: Season 20 by Richsteemit: 8:10pm On May 02, 2020
saxy4c:
Responded.

Thanks sir
Re: Forex Trade Alerts: Season 20 by Tonyfx: 9:11pm On May 02, 2020
Goldhomes:

OR
I guess he is not following a strict money management or risk model.
If you ask him he may not believe in stop loss.

Address all about listed problems and watch your trading improve

You're right
Re: Forex Trade Alerts: Season 20 by Nobody: 9:13pm On May 02, 2020
heskeyw:

No talk am like that. Na him money ooo, . I Was using the giveaway to joke

It's a joke from me too, nothing serious
Re: Forex Trade Alerts: Season 20 by Nobody: 9:16pm On May 02, 2020
Abambam:
The engulf showed but after 1hr, so not valid.

.
Re: Forex Trade Alerts: Season 20 by Nobody: 9:18pm On May 02, 2020
Abambam:
It's a chart pattern I had coded for me at fxcodeb as I don't want to look through all the chart. With the signal generator, I can see what's going on on all the currencies I input into the generator. The generator scan all currencies I want and look for the pattern for me, then notify me.

Thx. I need to learn Forex coding; I hope it's not difficult
Re: Forex Trade Alerts: Season 20 by tundeontop: 9:39pm On May 02, 2020
Tonyfx:


Nor worry, in time you will understand why I said na small thing.
0.2 on a $400 acct Its either you let your emotions get the best of you when you have a live trade, or you ain't been consistent with your strategy. Or maybe you need to try out a new strategy.
I didn't credit all at once... $100 after another $100,the another..
Re: Forex Trade Alerts: Season 20 by tundeontop: 9:40pm On May 02, 2020
walexy100:


Thx. I need to learn Forex coding; I hope it's not difficult
which one is Forex coding again?
I still have so many things to learn o
Re: Forex Trade Alerts: Season 20 by MightyGEE(m): 9:55pm On May 02, 2020
Richsteemit:
Who know about xm broker I want to register and is it true they give free 30 dollars to trade.
100% bonus on your first deposit
Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 9:55pm On May 02, 2020
tundeontop:
I didn't credit all at once... $100 after another $100,the another..

That's another problem..

Lack of equity

1 Like

Re: Forex Trade Alerts: Season 20 by Richsteemit: 9:59pm On May 02, 2020
tundeontop:
which one is Forex coding again?
I still have so many things to learn o

Forex code is a way to code Forex for profit

1 Like

Re: Forex Trade Alerts: Season 20 by karkinase(m): 10:00pm On May 02, 2020
tundeontop:
Good day Senior traders,
I want to ask please,when drawing a trendline,should I ignore the shadows and focus on only the body? How should I draw a nice trendline?


I've been trading on live account since November,and I've blown more than $400. Tho' I've been on demo for over one year.I'm trading on trendline breakouts/reversal.I think there is something I'm not doing right. Thanks
Baba you risked too much...nxt time use 0.01 lot n use stop loss to protect your trade. Define a strategy on your demo n practice.

2 Likes

Re: Forex Trade Alerts: Season 20 by Tonyfx: 10:38pm On May 02, 2020
tundeontop:
I didn't credit all at once... $100 after another $100,the another..

Try sticking to one setup first until you're confident and profitable with it before adding another to it. For example in your trend plan, try sticking to reversal only until you feel confident enough to add the breakout setup.
Secondly, stick to 4hr and daily charts only and use not more than 2% of your capital on each trade.
Thirdly, use only USD and JPY pairs.
This is the start of a new month, do this for the month of May on a demo account and see the results.
NB: make sure you have an entry(signal) and exit plan before you enter any trade. Each trade you take ensure it has the potential to give you at least 2 or 3 times the amount risked.
Lastly don't let your emotions get in the way of your trade and always stay disciplined.

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