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Forex Trade Alerts: Season 21 - Business (19) - Nairaland

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Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 10:05am On Jan 25, 2021
LAxYMAN:
Please, can anyone help me with a list of 10 - 15 pairs that are the best for a beginner to start with

Avoid pairs like xauusd, gbpnzd, gpbusd cos they are fast and volatile
U don't need too much pairs to become a pro in forex.. At least 5 pairs is enough and it will make u to understand their movement and expectations
Re: Forex Trade Alerts: Season 21 by LAxYMAN: 10:23am On Jan 25, 2021
haryodehjia:

Avoid pairs like xauusd, gbpnzd, gpbusd cos they are fast and volatile
U don't need too much pairs to become a pro in forex.. At least 5 pairs is enough and it will make u to understand their movement and expectations

Thanks for the advice
Re: Forex Trade Alerts: Season 21 by boom99(m): 10:25am On Jan 25, 2021
Sell USDCHF ....A SCALPER AND A DEMO TRADER
Re: Forex Trade Alerts: Season 21 by boom99(m): 10:28am On Jan 25, 2021
boom99:
Sell USDCHF ....A SCALPER AND A DEMO TRADER



Out in profit.
Re: Forex Trade Alerts: Season 21 by boom99(m): 11:11am On Jan 25, 2021
Selling USDCHF AGAIN .. DEMO TRADER...SCALPER
Re: Forex Trade Alerts: Season 21 by boom99(m): 11:26am On Jan 25, 2021
Exiting with little profit ooo. ..e get as he be
Re: Forex Trade Alerts: Season 21 by boom99(m): 11:42am On Jan 25, 2021
boom99:
Exiting with little profit ooo. ..e get as he be



Take profit comfortablily
Re: Forex Trade Alerts: Season 21 by boom99(m): 12:09pm On Jan 25, 2021
IMAliyu:
First time I've managed to double a demo. grin

Now, I'll need to be able to repeat the same result, a few times.

The currency is in LTC.


Trying to do same here.
Re: Forex Trade Alerts: Season 21 by boom99(m): 1:10pm On Jan 25, 2021
Selling USDCAD
Re: Forex Trade Alerts: Season 21 by boom99(m): 1:17pm On Jan 25, 2021
boom99:
Selling USDCAD


Already in profit.
Re: Forex Trade Alerts: Season 21 by boom99(m): 1:20pm On Jan 25, 2021
Todays trade

Re: Forex Trade Alerts: Season 21 by spadar4u(m): 1:23pm On Jan 25, 2021
Pls which broker una dey use for 9ja. No be oyinbo own
Re: Forex Trade Alerts: Season 21 by hidhrhis(m): 2:09pm On Jan 25, 2021
boom99:



Already in profit.
boom99:
Selling USDCAD
boom99:




Take profit comfortablily
boom99:
Exiting with little profit ooo. ..e get as he be
boom99:
Selling USDCHF AGAIN .. DEMO TRADER...SCALPER

Brother things like this wont help without chart
The forum is not a forex signal forum/group
it is a trade alert group
By posting the chart of what u are seeing,your entry point and point of exit it will help the other traders who have similar bias as yours and also help in his decison making besides for learning sake it will help us learn more and the bosses will also correct you when any anomaly is spotted in your chart

4 Likes

Re: Forex Trade Alerts: Season 21 by boom99(m): 2:21pm On Jan 25, 2021
hidhrhis:






Brother things like this wont help without chart
The forum is not a forex signal forum/group
it is a trade alert group
By posting the chart of what u are seeing,your entry point and point of exit it will help the other traders who have similar bias as yours and also help in his decison making besides for learning sake it will help us learn more and the bosses will also correct you when any anomaly is spotted in your chart




Sorry ooo....I thought one is allowed to just post trade alert. If I knew how to post charts I would have done so. I learnt forex through seminars. I no go babypip etc. If you don't want me to post trade alerts no p. I go park well.
Re: Forex Trade Alerts: Season 21 by hidhrhis(m): 2:24pm On Jan 25, 2021
boom99:




Sorry ooo....I thought one is allowed to just post trade alert. If I knew how to post charts I would have done so. I learnt forex through seminars. I no go babypip etc. If you don't want me to post trade alerts no p. I go park well.
No u are getting me wrong
for instance
The way u posted selling USDCHF
screenshot the picture and post then by so doing people will be able to see the point of your entry and also depict other things from it
Re: Forex Trade Alerts: Season 21 by boom99(m): 2:39pm On Jan 25, 2021
hidhrhis:

No u are getting me wrong
for instance
The way u posted selling USDCHF
screenshot the picture and post then by so doing people will be able to see the point of your entry and also depict other things from it


Ok. I think I understand. I will try to do that next time

1 Like

Re: Forex Trade Alerts: Season 21 by mohd001: 2:52pm On Jan 25, 2021
please I want to know why many people usually open multiple of positions per one currency pair when trading. is there anything I'm missing out?
Re: Forex Trade Alerts: Season 21 by TradingMaestro(m): 3:48pm On Jan 25, 2021
mohd001:
please I want to know why many people usually open multiple of positions per one currency pair when trading. is there anything I'm missing out?

Leverage, different take profit level

sometimes just for fun

1 Like 1 Share

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 3:52pm On Jan 25, 2021
mohd001:
please I want to know why many people usually open multiple of positions per one currency pair when trading. is there anything I'm missing out?

Its called twin trading if 2, and triple trading if 3. Mainly for risk management and profit taking.

1 Like

Re: Forex Trade Alerts: Season 21 by Crixxx: 4:17pm On Jan 25, 2021
hidhrhis:

No u are getting me wrong
for instance
The way u posted selling USDCHF
screenshot the picture and post then by so doing people will be able to see the point of your entry and also depict other things from it

I think he is a scalper.
Re: Forex Trade Alerts: Season 21 by Crixxx: 4:18pm On Jan 25, 2021
mohd001:
please I want to know why many people usually open multiple of positions per one currency pair when trading. is there anything I'm missing out?

Multiple positions= more money
Re: Forex Trade Alerts: Season 21 by hidhrhis(m): 4:18pm On Jan 25, 2021
Crixxx:


I think he is a scalper.
yeah
Re: Forex Trade Alerts: Season 21 by djwalata(m): 5:23pm On Jan 25, 2021
boom99:
Todays trade
If only u will take positives out of this....
UsdCad and UsdChf u both sold won't give u 5pips on each position because d trends r both up.
This won't help u if u r trading a live account because u won't ve d ability to trade with those big lot sizes.
Master d chart very well b4 u open position.

2 Likes

Re: Forex Trade Alerts: Season 21 by djwalata(m): 5:27pm On Jan 25, 2021
mohd001:
please I want to know why many people usually open multiple of positions per one currency pair when trading. is there anything I'm missing out?
Having 10 open positions each @ 0.01 lot size IS PERFECTLY d same thing as having ONLY ONE position @ 0.1

No minus/ No plus.

5 Likes

Re: Forex Trade Alerts: Season 21 by djwalata(m): 5:33pm On Jan 25, 2021
If only d channel will b respected.

2 Likes

Re: Forex Trade Alerts: Season 21 by boom99(m): 5:49pm On Jan 25, 2021
djwalata:

If only u will take positives out of this....
UsdCad and UsdChf u both sold won't give u 5pips on each position because d trends r both up.
This won't help u if u r trading a live account because u won't ve d ability to trade with those big lot sizes.
Master d chart very well b4 u open position.



I am hoping to start with a relatively large lot size. If not, I will work on my greed,so that I can use small lot size and be content with any dollar I make. I have tried my strategy with small lotsize before, it worked but with time greed sets in.
Re: Forex Trade Alerts: Season 21 by boom99(m): 5:55pm On Jan 25, 2021
I wait for a sure trade (90%) , scalp and I am out. I may decide to trade only ones per day. I don't know if my answer correlate with what you said Sha. Manage me
Re: Forex Trade Alerts: Season 21 by Abambam: 6:06pm On Jan 25, 2021
Abambam:
Today all out. Intraday.

Pepperstome demo2
Login : 8282480
Password :
Investor : lqB0vtda (read only password)

Today's intraday.

Also started 1/4 live account today, to simulate emotion.

1 Share

Re: Forex Trade Alerts: Season 21 by boom99(m): 6:23pm On Jan 25, 2021
djwalata:

If only u will take positives out of this....
UsdCad and UsdChf u both sold won't give u 5pips on each position because d trends r both up.
This won't help u if u r trading a live account because u won't ve d ability to trade with those big lot sizes.
Master d chart very well b4 u open position.


Does this apply to a scalper too?
Re: Forex Trade Alerts: Season 21 by mohd001: 7:37pm On Jan 25, 2021
djwalata:

Having 10 open positions each @ 0.01 lot size IS PERFECTLY d same thing as having ONLY ONE position @ 0.1

No minus/ No plus.

OK.. thanks broo
Re: Forex Trade Alerts: Season 21 by mohd001: 7:43pm On Jan 25, 2021
Crixxx:


Multiple positions= more money

so i be JJC abi? you'd better go withdraw ur trading fund and buy biscuit b4 u go blow it out!
Re: Forex Trade Alerts: Season 21 by mohd001: 7:47pm On Jan 25, 2021
Theyoungmaster:


Its called twin trading if 2, and triple trading if 3. Mainly for risk management and profit taking.

thanks. I understand it now

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