₦airaland Forum

Please can any1 explain to me how to calculate my take profit and stop loss? for example assuming i enter a trade on

UJ at 94.764,how will i calculate my 20pips stop loss and 20pips take profit

AJ at 97.55, how will i calculate my 20pips stop loss and 20pips take profit

EJ at 120.165, how will i calculate my 20pips stop loss and 20pips take profit

Please explain for me

infofirst: guess u can determine that now n better u do it with your very eyes

Yeah thanks

nolly042: sent

Thanks i will check

naira4ever: On a long term,
Selling AUD/USD @ 1.04050
SL: 1.05000
TP: Open (Down ride to the south)

Good night!

Am with you in this but waiting for 4hr tf retracement before i pull my trigger

orpeeh: pls i want someone that will put me through on how to trade, pls any volunteer

My brother if your really want to succeed in trading forex, you need one on one training and please i beg you make sure that anybody that want to put you thru must also be an active trader. Cos a lot of people out there train people but they don't trade. Please am speaking from my own experience

nolly042: drop your mail box.

topsiny2k3@gmail.com. Thanks

nolly042: should price close below 94.03 i will move my tp to weekly S1. My SMA says it will go beyond that

Nolly please how can i determine my weekly support and resistance or if u have the indicator u can please send it to me. Thanks

naira4ever: @learner1
I had earlier read about ur losses on other Forex trade alert thread and I decided to keep quiet over it cos those guys overthere seem to be forex generals. Anyway, I agree with and respect ur sole decision but here is my brotherly advice: 1.) Take some leave off live trading and open a demo account. I want to reveal a secret to you - any strategy that u are using that works with 50 - 60% winning rate on lower time frame will sure work/perform better on higher tmie frame like daily but the problem with most traders is 'Impatience and fear'. So, I advise that u use that ur strategy or some other strategies that u have on daily time frame while demo trading for like 3 months. 2.) There is tendency that many will perform well on demo trading but fail woefully on live account even with d same strategy applied on both because demo account will not improve trading psychology as in emotional contol and money management. After a period of demo trading and u feel like going live, u may fund a live account with little amount like $25' $30 or $50 max using the least lot size 0.01 on all ur trades. This is to enable u work on ur mm, emotion and fear of loss. In my early years of trading while lerning, I opened a live account with Marketiva the and they gave me $5 bonus. I did not fund d account until I was able to turn that $5 to $12. U don't believe that? Yeah, that' what patience and mm will do for you.
Do not be greedy, do not overtade ur accout - 2 - 3 open trades at a time is ok. The market is not going anywhere as long as country currencies exist, forex trading will not cease. It was there decade ago and it will still be centuries to come. So, no reason to rush. Take ur time to study but do't quit. Reemeber ' Winners don't quit and Quitters don't win.

Nice talk bro winners don't quit and quitters don't win. He should jst blv he can do it. I lost over $600 in jst a day and now am back. I think he have to relax and go back to demo for some time

Down am on 50pips already. Hope the downward continue

Yesterday trading was frustrated.I pray that God of pips be with every1 today

piphacker: With what you said, I suspect you are new to forex. Every new comer faces the same predicament you are facing now; “How to know where to enter a trade”
First and foremost, before you can use any of the CUSTOM INDICATORS we are analyzing here, you must be familiar with your normal indicators like CCI, RSI, Bollinger Band, MACD, Stochastic, e.t.c these are some of the entry signal indicators that you must have been taught of in your forex school be it online or offline. With these indicators that came with your mt4, you should know where to enter enter a trade. But if you are not clear, kindly go to babypips.com to acquaint yourself more. It is a free online forex academy. After graduation, come back and let see how we can move together. Love and peace.

Thanks

infofirst: Eu is in downward trend, because you are looking at eu dropping from 1.37xx till now, what about that guy that is looking at eu from 1.204x to 1.37xx and then who is eyeing 1.42xx, what is eu doing to him?

I think either we buy or sell, we can always win but buying or selling at the right price and time is the most important. And the knowledge of support and resistance is very important.

Bull will eat and bear will also eat but only the pig will get slaugtered.i tried to identify my support and resistance weekly and i discipline my self to take trades at those points and when i tried to trade outside of that, i v a way of protecting my self, so, right now, i have eu pending at 1.2845 picked and tp is 100 pips and even if it goes into red, i know when i will close it manually.I have good money and risk management in place and i fear no loss again after all its part of the business. Trade your plan and trade your plan.

Please how can some1 determine the weekly support and resistance and how can i use it in trading strategy

Please can anybody help me where i can enter buy on EU,EN,EA and sell on UC

Please can anybody help me where i can enter buy on EU,EN,EA and sell on UC

naira4ever: Make una tell dis yenyen pairs to shift ground to d south south fast, fast now. I need to use atm.

Am waiting for the right buy signal on some pairs b4 i put my trigger

Naira4ever i really appreciate you. Thanks for your support

Piponomics: Don't know Sir. You could send them an e-mail or Live Chat.

THANKS

Piponomics: Above quote is from XEMarkets. Make we relax then..Already did a quick small withdrawal to testrun and no changes.

Please what about FXPRO please?

Thank you. Do you am making sense?

naira4ever: Happy new week to you all. Below is my view technically on some pairs direction in the next few days/weeks

Nice one bro i think am getting this long term trading strategy, but the question i want to ask is that like now that we have the trend line break on AUD/JPY daily, i mine going to enter immediately when the next candle open on daily or i will still wait to confirm the sell on 4HR tf? Please share more light on this thanks

zinosleek: I want to know if anyone here uses spgm forex system. Its really an interesting system, will share the pdf with the house when I'm with my system.

We are waiting

EU is heading north

I think EU is having a strength

Ok thanks

Happy Birth Day To You Bro. Igba Odun Odun Kan

Please which pair is UJ,EA,EU... am new here

Naira4ever please all the terminologies you are using/saying here i don't get it. What/which currency one is UJ and GU please.

Thanks

THanks. Please what EUR/USD?

please is there any confirmation of going short on NSD/USD

please is there any confirmation of going short on NSD/USD

please is there any confirmation of going short on NSD/USD