kenniojo:


3 gbosa for u

Is it only the summary u put into consideration? wat of volatility? must the all be less volatility? What of fundemental news if any any is to be or announced cos it can also change the direction of market.

Optimisticgondy: won my first 1hr bet on GU at the beginning of this session. Waiting for the rresult of the second in 5 mins time

Abbey1045: I placed 7 bets on A/J and E/G 2day usin forexpros on a time frame of 15mins,30mins and 1hr.I won 5, lose 2. I note that with all my winning no returns on my account,I only being credited with what I bet .eg I placed 50usd on a bet won and credited with dsame amount placed on d bet.Am confused.

mkmyers45:

Print screen and paste it here make we see

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Abbey1045: I placed 7 bets on A/J and E/G 2day usin forexpros on a time frame of 15mins,30mins and 1hr.I won 5, lose 2. I note that with all my winning no returns on my account,I only being credited with what I bet .eg I placed 50usd on a bet won and credited with dsame amount placed on d bet.Am confused.

Optimisticgondy: When it shows Strong Buy or Strong Sell and others do not show SB or SS, you can still place your bet. For instance, if the summary is Strong, one of Indicators or MAs is Sell/Buy and the other is Strong Sell/Strong Buy, I still place the bet and win it.
I don't mind if it shows More or less volatility since I now trade 1 hour time frame. But the strategy works pretty well for me when Asian session overlaps London Session and also, when London session overlaps US session

Optimisticgondy: When it shows Strong Buy or Strong Sell and others do not show SB or SS, you can still place your bet. For instance, if the summary is Strong, one of Indicators or MAs is Sell/Buy and the other is Strong Sell/Strong Buy, I still place the bet and win it.
I don't mind if it shows More or less volatility since I now trade 1 hour time frame. But the strategy works pretty well for me when Asian session overlaps London Session and also, when London session overlaps US session

kenniojo: [/b][b][font=Lucida Sans Unicode][/font]

@rightlagos Thanks oga for your reply. What should b my ultimate target to check in the time frames you mentioned? Must their technical indicators and moving average details b the same? cos sometime STOCHRSI(14) will show overbought and summary , moving average and indicator will still tell you strong buy . Isnt that complicated?... Other gurus opinion will also appreciated.



ALL IS WELL!!!

rightlagos: I just dey gbadun u dey go, more blessing. I hope we are cashing in on d rise in usd right now?

Optimisticgondy: Yes o my brother. I don close shop before dey read forexfactory when i see this news: Negative Euro Headlines Are
Back Sending EURUSD And Its
Derivative, S&P500 To Day's
Lows. Na the news make me enter the market to place 3 fall bets on EU o. All bets won! 8-1

rightlagos: The E.G has confused d matter. We want u to tell us how much bet u placed, cos the situation is not possible. Do u know how pple wipe out their account? when u win 50 usd 5 times, u will now double ur volume to 100, and lose 3 times, then ur account is wiped out. Why not trade d same volume for the whole week before refining ur money mgt to like 5% of d current balance?

rightlagos: Nice 1 bros, I traded shorter duration: 15 minutes and also won

rightlagos: @ d questioner, u have to enter and exit early. For instance, usd was rising against others. Imdtly we placed d trade, it was positive. Now, if u are placing it, it will be negative, though the signals are still all strong buy for usd. Why will u lose? Cos the market moved very fast. So, usd don rise 100 miles. before he hear say dem call am make e come back, e don go far. So, he need to waka for long time before e go become neutral. That's why I said watch 1st when d thing is forming before u jump into the market. Understand?

Abbey1045: I used my vitual account to placed d bet of 2000 usd and won it bt only d 2000 usd placed on d bet was given back to me.

Optimisticgondy: Thanks Oga RightLagos. I want to ask you the following three questions
1. Do u make use of the US Dollar Index or Currency Pairs Technical Analysis to trade?
2. From your experience with the strategy, what time of the day work for you best?
3. Do u consider the volatility of signals?

Abeg I dey await ur reply o.

rightlagos:
Na u be d oga o!
1 I make use of d usd index because I dislike clicking on 2 many charts and 2 many things. From experience, it is cumbersome and distracting. Also, I know that d other currencies move against usd. If USD sneezes, they all go haywire. So, I can decide to trade eur usd, aud usd, nzd usd. Anyone. So, I increase d volume of my trade and reduce d quantity.

2 I trade anytime, except from 3:30 pm to midnight. From Early Asian period to 3:00 pm, any major news can be released which can move d market. Anyone who finds it boring gazing @ d market all d time can seek help from forexfactory news calendar. But all d sessions, there is always more than one trading signal.

3 I look at the volatility, but d thing I consider most is entering early immediately the signal is formed. I know when a trend is formed, d liquidity is high at the beginning. That is why I watch till it is formed before I enter. Entering @ d middle or end of a trend can be a collosal suicide. (from experience, as u know)

rightlagos:
Na u be d oga o!
1 I make use of d usd index because I dislike clicking on 2 many charts and 2 many things. From experience, it is cumbersome and distracting. Also, I know that d other currencies move against usd. If USD sneezes, they all go haywire. So, I can decide to trade eur usd, aud usd, nzd usd. Anyone. So, I increase d volume of my trade and reduce d quantity.

2 I trade anytime, except from 3:30 pm to midnight. From Early Asian period to 3:00 pm, any major news can be released which can move d market. Anyone who finds it boring gazing @ d market all d time can seek help from forexfactory news calendar. But all d sessions, there is always more than one trading signal.

3 I look at the volatility, but d thing I consider most is entering early immediately the signal is formed. I know when a trend is formed, d liquidity is high at the beginning. That is why I watch till it is formed before I enter. Entering @ d middle or end of a trend can be a collosal suicide. (from experience, as u know)

Optimisticgondy: I be small pickin for forex o. Imagine me wey never I finish my reading at babypips, though I learn about forex from one seminar wey i attend for 2007. Thanks for your explanation Sir! I also want to ask if it would be good trading the eurusd and usdjpy only using the us dollar index since eur and jpy have the highest measurabilty against usd in the computation of the usd dollar index? And also, how do u know the immediate time a signal is formed?

jtmoneyjt: Wetin una dey tink of ben's speech tomoro,dey say usd don dey fly high already in expectn of d speech mayb we go c enuf fall 2moro 4 eu,gu and rest,make we c hw e go directnwise

meritdee:
Seems I can take u as my mentor on this betonmarket ish.... This is my first time of seeing this thread. I'm having problem relating USD Index of forexpros with pairs on betonmarkets... if I get Strong sell on USD Index, reverse would be the case on currency pairs like USD/JPY OR EUR/USD. Please, I need ur assistance and I've requested to have a private email convo with u. Thanks in anticipation

rightlagos: which time frames were u looking @? U have to watch up to 3 timeframes together like 5, 10, 15, 30 min. don't just jump in d mkt. wait to see it forming. ok? cos d time u jump might be d time it is reversing.

ruggedcuzz:
1. What time interval do you think we can b reloading to avoid missing signal?
2. Do u still make 1hr time frame d 1st to consider?...cos u didnt include it in d above or does it lag?

ruggedcuzz:
1. What time interval do you think we can b reloading to avoid missing signal?
2. Do u still make 1hr time frame d 1st to consider?...cos u didnt include it in d above or does it lag?

ruggedcuzz:
1. What time interval do you think we can b reloading to avoid missing signal?
2. Do u still make 1hr time frame d 1st to consider?...cos u didnt include it in d above or does it lag?