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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (566246 Views)
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Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 3:58am On Nov 13, 2020 |
TheYoda: I hope is not bet9ja 2 Likes |
Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 4:04am On Nov 13, 2020 |
Pipsbasketings: UsdCad... What was the conditions u look for before entering the trade |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 4:07am On Nov 13, 2020 |
WallStreetfx: Double top confirmed waiting for d break and retest of the neckline for better RR
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Re: Forex Trade Alerts: Season 20 by TheYoda: 4:36am On Nov 13, 2020 |
WallStreetfx:I go carry for handicap lol or go play baba ijebu for 2 sure lol or what is it called. IMAliyu:Thanks Bro, Empiree:wetin btc atm got to do with invest 1k and take 8k in 7-14days. HEHEHEHE Pls sir, invest in it too... but please promise to come back when you get your fingers burnt to gist us. You see people never learn, MMM, and all scheme and you see people still fall for it over and over again. Boss nothing else I can tell you oh, well invest what you can afford to burn. 1 Like |
Re: Forex Trade Alerts: Season 20 by Empiree: 5:18am On Nov 13, 2020 |
TheYoda:No, you don't understand. Bitcoin atm means you can convert your bitcoin to cash and cash out at designated bitcoin ATM only or sell your bitcoin. I never traded MMM and I opposed that because that was scam for real and I don't doubt bitcoin fake practices either in country like Nigeria. Bitcoin is recognized by govt but unfortunately it is not regulated by govt or banks |
Re: Forex Trade Alerts: Season 20 by Empiree: 5:25am On Nov 13, 2020 |
Oh I see. Got you now. IMAliyu: |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 7:38am On Nov 13, 2020 |
SGDjpy won't be bad for sell
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Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 10:00am On Nov 13, 2020 |
NZDUSD Finally falling. Not my best entry.
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Re: Forex Trade Alerts: Season 20 by ogashman(m): 1:25pm On Nov 13, 2020 |
IMAliyu:nice trade but ur SL is huge o |
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 2:43pm On Nov 13, 2020 |
ogashman:Yeah, I'll be tightening the SL along the way. I just a saw potential for a retracement and didn't want to get stumped out too early. |
Re: Forex Trade Alerts: Season 20 by ogashman(m): 3:03pm On Nov 13, 2020 |
IMAliyu: Ayt bro |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:27pm On Nov 13, 2020 |
I indicated that on my very first post (chart) on UCAD when eyeing it. Donvic4u: |
Re: Forex Trade Alerts: Season 20 by peteregwu(m): 3:28pm On Nov 13, 2020 |
hidhrhis: Hahahaha.... 1 Like |
Re: Forex Trade Alerts: Season 20 by peteregwu(m): 3:29pm On Nov 13, 2020 |
TAGM: To me, The trend is upward on a longer term except it crosses below 1450, then that might change. I still favour the uptrend on a longer term. Its good to always buy from deep. 1 Like |
Re: Forex Trade Alerts: Season 20 by Donvic4u(m): 3:49pm On Nov 13, 2020 |
ogashman: That's just a 40pips stop loss nau... Pipsbasketings:ok then |
Re: Forex Trade Alerts: Season 20 by Nobody: 4:05pm On Nov 13, 2020 |
@Donvic4u On Nov 10 - 3:53 am, I made 3 posts with charts showing my outlooks on three pairs (AU, GA, and UCAD) where I was looking to enter just a single pair (believed perfect) amongst the three. In each case, support or resistance as the case may be was tested and I was waiting for a breakout. GA made a breakout after I went to bed and forgot to set my mobile price alert, I woke up in the morning of the same day to realize the breakout already occurred like 6 candles away. I wrote: it pained me that I missed it. So I was left with just AU and UCAD to choose from. Pipnator00 alerted us that he entered AU, while I checked, I saw no breakout occurred yet even though we had the same outlook, I had to wait patiently. After few more hours, UCAD made the breakout and I focussed only on UCAD, that's where I am. So breakout was what confirmed the trade. The truth is I swing on D1 but I have decided to be showing my H1 chart to explain what I swing on D1. I hope this summarises my previous posts. 7 Likes 3 Shares |
Re: Forex Trade Alerts: Season 20 by friend2Macron: 5:21pm On Nov 13, 2020 |
Finally got my live account application approved. After the advice I got here, I went with a broker with a leverage of 50:1. I hope to learn from the gurus here. |
Re: Forex Trade Alerts: Season 20 by Nobody: 5:35pm On Nov 13, 2020 |
The bolded: You have made the biggest move - standing on the shoulders of giants. This is (I strongly believe) the very 1st step in Risk/Money Management. In fact, your broker (if a market maker) may not be happy with you that you chose this leverage amongst many. 2nd Step: Your lot size. I wish you could mention what your capital or equity is (BUT DON'T); do your homework before you start trading!!! surf your broker's website and dig into their margin requirements for each pair. Determine how much margin is required to enter each pair, then calculate how much free margin and margin level (in %) you will have left after entering a trade. Use that to determine how many pairs you can enter all at a time - don't overtrade. Then determine how much pips you are willing to lose, how much free margin will be taken away from the lost pips, how much margin level will remain after the loss (you want to make sure it doesn't go below 100% to be safe), you want to know how much pips lost will give you a margin call. etc. 3rd Step (Actually the 1st): A believed working strategy, backtesting, forward testing using demo, then you are set for success Finally, pls note that you will record losses, for sure (be prepared for it), the question is: how many trades will you lost that will send you back to demo. Finally, always note that: a missed trade is better than a lost trade Wishing you success friend2Macron: 11 Likes 3 Shares |
Re: Forex Trade Alerts: Season 20 by friend2Macron: 6:18pm On Nov 13, 2020 |
Pipsbasketings: Wowww! Thank you so much. So much wisdom in a single post. I'm gonna frame this and always remind myself of it. By the way, I'm using oanda, I think that's the same broker you're using. |
Re: Forex Trade Alerts: Season 20 by Nobody: 8:38pm On Nov 13, 2020 |
Contest Update: Trading Period (bi-weekly): 1/Nov/2020 --- 14/Nov/2020 7 out of 15 made it through to the next (2nd) trading period: 15/Nov/2020 --- 28/Nov/2020 Note: Only those with the shown monikers make it to the next trading period - 3 more trading periods to win (1st, 2nd, and 3rd) Wishing you success! 5 Likes
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Re: Forex Trade Alerts: Season 20 by Shevychen2: 8:36am On Nov 14, 2020 |
^^^The owners of the Aliyu and Donvic explorers should keep it up. E get why. 2 Likes |
Re: Forex Trade Alerts: Season 20 by kkins25(m): 10:11am On Nov 14, 2020 |
Pipsbasketings:Do you know that, ive watched 100s of videos and have read about 15 books on forex trading(aside the online articles) and no one of them mentioned the bolded up there.... i am- as a matter of fact just finding out. All people say is make sure youre risk reward ratio is 1:2 or 1:7 self. No one ever mentions the margin requirements for each trade. WOW!!! RESPECT SIR!! if possible, could i get the login details of ogashman, theyoungmaster and maliyu? i would like to observe their trading method |
Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 10:31am On Nov 14, 2020 |
kkins25: 1 Like
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Re: Forex Trade Alerts: Season 20 by kkins25(m): 10:36am On Nov 14, 2020 |
[quote author=WallStreetfx post=96026603][/quote]kai!!! Becareful dier, dont allow me call SARS for you
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Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 10:52am On Nov 14, 2020 |
kkins25: Lol You bi bossoo abeg share me some PDF. 1 Like |
Re: Forex Trade Alerts: Season 20 by JAkpayen(m): 11:07am On Nov 14, 2020 |
Pipsbasketings: Thanks to Jehovah! @kkins25, I have come to realise that what you really need to succeed in trading is inside the MT4 and MT5, then stay abreast of key fundamentals/ news 1 Like |
Re: Forex Trade Alerts: Season 20 by kkins25(m): 11:14am On Nov 14, 2020 |
WallStreetfx:ohh sure... |
Re: Forex Trade Alerts: Season 20 by kkins25(m): 11:17am On Nov 14, 2020 |
JAkpayen:please elaborate, i sabi read well well. did you see my trades or something that made you decuce? abeg, At this point i just fill like im missing a little something from becoming a pro trader... i mean, my setups usually corroborate others but i end up being the one in loss. it beats me...any advice for the boy abeg!!thanks sir!! |
Re: Forex Trade Alerts: Season 20 by JAkpayen(m): 11:33am On Nov 14, 2020 |
kkins25: kkins25, I was referring to your 100 videos and books you read. If I tell you how many I don watch or read sef with some have pages up to 500 but what I am using now is just moving average and candlesticks. I am just a growing trader too and I cannot call myself a pro 1 Like |
Re: Forex Trade Alerts: Season 20 by ProsperoTrading: 11:58am On Nov 14, 2020 |
Pipsbasketings: congratulations to all who who made it to round 2. Truth be told, I started with insane mm in a bid to hit the highest figure, I had over $220 at a time. But I know that is not sustainable in the long run. the remaining weeks will be different. 1 Like |
Re: Forex Trade Alerts: Season 20 by ogashman(m): 12:34pm On Nov 14, 2020 |
Pipsbasketings: Nice!! Kudos to guys who made it The remaining rounds would really make the difference. My MM is a bit rusty. That's what I'm gonna be working on. Cheers guys |
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 2:31pm On Nov 14, 2020 |
Thought I'd share this. An inforex demo account from 2017 I left two trades open, with no SL or TP. Take a look at the swap charges.
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