₦airaland Forum

nolly042: pls what is d difference between dealing desk and non dealing desk

Non dealing desks are simply agencies that connect you straight to the interbank network with no intervention and dealing desks are the typical market makers, they make the market you trade in, provide liquidity and manage risk (which is typically being a counterparty to your trades).

See more - http://www.babypips.com/school/different-types-of-brokers.html

kasonud: Sir i want to start Micro with 200USD bt i ve Fxpro nd Fxmc in mind.which should i pick?

Well, Both are great brokers.

Bear in mind, you can't go lower than 0.1 lot on both. If you would want to go lower, then FXCM Micro is your only option between the two.

Interactive brokers does not accept nigerian residents, same with CitiFXPRO.

But they're both excellent brokers.

Igwe OO: Wetin u talk na confirm but the issue with US broker na say, leverage is always pegged at 1:50. I think the best na to use brokers from UK. Leverage is ok with UK brokers. Australia too, after US, they the strictest regulation for brokers. Switzerland, brokers there operate as bank. Hence they charge commission on your trade rather then gaining from spreads.

That's exactly one of the things that drove me away from using Oanda. 1:50 leverage.

Although some US brokers like FXCM provide 1:200 leverage for accounts holders outside US.

Wow, such a sad story.

Several confusing elements though.

XHTML: SellStop 1404.00 placed on Gold, pending if 1410.51 resistance isn't broken.

Modified to 1411.84. Target 1404.00

So I'm back from Gold where momentum has slowed a bit.

Someone point me to the next big thing....

Mad Cow: shoes

Either that or a Leg Lengthening sugery.

On the contrary, if your growth plates have closed (typically around age 18) and you won't grow any taller

We're heading to 1415 on gold.

fxisreal: too bad, they even put clause "provided an account was used for trading during these 6 months" they know much of the account will be blown before 6 month, i see emotional trades kills even good trader here

They're even twisting words and adding a lot of jargon.

Quite bluntly, they mean, all the profits you've made on deposits via liberty reserve won't be given to you. QED.

XHTML: Buy Order triggered at 1401.34, still running. #Gold.

Closed at 1406.40.

SellStop 1404.00 placed on Gold, pending if 1410.51 resistance isn't broken.

XHTML: Second position SL Modified to 1402.51, I'll let this close on it's own or if the bears can run it further.

Second Sell Order closed at 1397.22

Buy Order triggered at 1401.34, still running. #Gold.

@prettywoman Put simply, they're going to recover all their "liberty reserve" losses from clients who deposited via that means.

Quite sad for those using instaforex + depositing via liberty reserve.

If every 30th of the month were like today. . .

News from the US pushing USD/JPY upwards.

The resulting effect pushing price of gold further down.

And from japan:

GPIF changes could allow domestic equity share of investment to rise in rallying market, according to sources

XHTML: Placed a Sell Stop 1406.97 on Gold, Target 1397.90 if triggered.

Closed at 1398.16.

Second position SL Modified to 1402.51, I'll let this close on it's own or if the bears can run it further.

AUDCAD (sold, AUDUSD (sold), USDJPY (bought), EURJPY (bought). Nice way to wrap up the month.

Prettywoman: Maybe Ej is about to do what i have been seeing......banked 60pips now,my last tp for the day @131.49 Those who can monitor trades can exit @ 131.80 or thereabout but am off now till night,wont b able to follow up

Ah, so you were able to pull off a profit on that pair, kudos!

naijababe: Buy limit on oil filled at 93.00, sl at 92.60

On the 4hr, it appears price might test support at 92.21 again.

Piponomics: You sound so well like someone I know..Just curious,are you British or live(d) in the UK?

Not, not British.

Toks2008: You sound like a gambler.

You ought to have a trading plan so use that same plan that filled your purse with good money management and you need not fear vomiting what you have eating.

^^ Easy there. She was just asking for opinions so she doesn't make mistakes or losses. Nothing wrong in that.

@prettywoman, it's likely to touch 131.00. Do you have an open position?

Placed a Sell Stop 1406.97 on Gold, Target 1397.90 if triggered.

elewedu: Chief thanks for obliging me, am suppose to be the first person to receive the course ....unfortuntely, my email was compromised today as i can not open with my password. As it is now, am scared of uploading my personal email so that i dont get e-stranded. I am hoping the password will be restored, if not I might have to open another even if it is just to get the course. please keep me in mind.

Ah, that's too bad. I'll follow you and you Follow me back so I can send you a PM with the necessary information, that way it would go to the address in your nairaland profile and you don't have to post an email addy online.

@Daddyolu Sent.

Sent to all. Let me know if I skipped any.

kcc515: On what time frame do you scalp Gold?

10min. But I always have a 10second line chart and a 30min TF open on another screen so I'm in line.

Bought Gold at 1392.40. TP at 1394.21 hit.

That does it for me. I have take a break away from the screen now.


@gerald2 Sent. @jtmoneyjt You didn't add an email to your post.

naijababe: Hmmm. Me i will wait till 5pm before I consider another buy

Exited with 12pips. I forgot to set up an alert for that 94.10 region. I'll be on the sidelines for a while and see what happens within the hour.


There seems to be a strong correlation on USD/JPY and Gold, No? Anyone spot this?

@ morenaira Sent. Check your inbox.

nolly042: oillllllllllllllllll

I missed that and was only able to pick up 10pips.

No worries. BuyStop order at 93.61 will catch it on the other side.

naijababe: OMG!!!! See what I missed on oil in 15mins.

I am astounded myself but what can I say.

@Usolace, @fxbomovi Sent. Check your inboxes.

XHTML: Bought Gold at 1384.91. Again I'm reduced to scalping.

Closed at 1388.33.

SellStop 1387.08 about to be triggered.

We'll just have to find a way within the triangle till there's a breakout in either direction.

Non Farm Payrol: cloud breakouts everywhere, hope cloud traders are raking

EUR/CAD, USD/JPY, EUR/USD, GBP/USD of course. Enjoy.

--

Bought Gold at 1384.91. Again I'm reduced to scalping.

elewedu: bros, it is free first chapter that hasten my learning curve, with this offer you just made, my trading is about to enter level 2. My email is march24investments@yahoo.com, I will be waiting earnesstly for the indictaor and most importantly the course. Thanks in anticipation of ur kind gesture.

You will exceed level 2.

Sent. Got everything in your inbox.

naijababe: I just closed my short for 1 pip profit, somehow I think that triangle is going to break to the upside.

I'm a little late to the party, just got in at 94.80 on oil.

Watching to see if gold breaks the 1382.00 support.

elewedu: Bros I have been looking out for this indicator for while now, I couldnt afford hectors course , I would be very grateful if u can share with me. Sorry, am still a forex begger, soon am sure me too will start giving back.

Ah, not a problem. Hit me a PM (or let me know your email address) and I'll send you a link. Maybe I can upload the course if you'd want that too.

ULSHERLAN: And this made front page. The mods incharge needs to be strpped off power. If its seun which I doubt needs to be stripped off ownership

Beats me. I mean, This on the frontpage? Like Really?

naijababe: @ xhtml, na you get liver pass o. I no dey near gold for now, na me and oil get business. Currently in a sell, i hope something happens to that darn triangle abeg! Make e break make we sabi where we dey go.

Second rebound today, 94.10 region proving difficult.