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Forex Trade Alerts - Season 9 - Business (63) - Nairaland

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Re: Forex Trade Alerts - Season 9 by rozayx5(m): 7:02am On Aug 30, 2012
frenchman2: just went long on aud/nzd at 1.2892 exit 1.3015
this pair has dented my account big time in the past. decided to stay away from it.
but the setup i'm seeing is quite juicy, tempting and irresistible.
let's see how it turns out.

Temptation, grin grin grin grin grin grin

Any way lets take a little look at what Catalysts will be giving us trading opportunities smiley
on the USD we only have Unemployment Claims, and its going to have some impact not much though, but as expected since nex t week is NFP, we gonna have some ranging markets till thursday.

Already made, 20 pips from my EU morning trade, piplocker locked me out on the retracement, just got the signal and used 15mins to enter smiley

Re: Forex Trade Alerts - Season 9 by Nobody: 7:30am On Aug 30, 2012
rozayx5:

Temptation, grin grin grin grin grin grin

Any way lets take a little look at what Catalysts will be giving us trading opportunities smiley
on the USD we only have Unemployment Claims, and its going to have some impact not much though, but as expected since nex t week is NFP, we gonna have some ranging markets till thursday.

Already made, 20 pips from my EU morning trade, piplocker locked me out on the retracement, just got the signal and used 15mins to enter smiley
While playing around with the deviation on the BBstops over the weekend, I noticed that the default was better at limiting the number of false breaks. On the flipside,it signals breaks late and unless the market is really moving hard,one must have missed the action.
The deviation 1 however throws up more signals but requires adequate filtering and intuition to avoid getting hurt.
So which do you use and why?
Re: Forex Trade Alerts - Season 9 by Toks2008(m): 7:31am On Aug 30, 2012
Toks2008: a breach of supp 12500 will set the bears in motion and we may see a bearish surge on euro to supp level 12424. so traders should sell with peace of mind once supp 12500 is breached.

Trade with care.

For now the crazy drama continues until supp 12500/12480 is successfully broken then we can sell with peace and confidence.

The difference between manual trading and automated trading can be seen.The 20pips hacker EA has opened 3 new positions because the entry config was met no second guessing but if im to trade manually,i will not sell now until 12500 gets breached even if my intraday sell entry config was met.

Emotions. This is the number one factor that makes it very difficult for traders to make a head way.

1. Fear of letting your profits run thereby cutting profits and letting losses run with hope that price will reverse and go your way.
2. Indiscipline in adhering to your very own trading rules that you have come t trust.
3 Greedy placement of lot size thereby losing even more trying to make big profits that is not commensurate with your equity.

God will help us.
Re: Forex Trade Alerts - Season 9 by casestudy: 7:55am On Aug 30, 2012
Volatility where you run go?? We need you in d market. Mama bom-boi dey find you! Mehn gone are d days when pairs like GBPJPY dey move 500pips within a week. Now market dey creep like cripple. We gotta be flexible and move with it. Just like Frenchie will say, price is king, follow it wherever it goes! Same thing with the market, learn to be like a fluid, adapt and you'll be unbeatable!
Re: Forex Trade Alerts - Season 9 by FEMIOLA2: 9:24am On Aug 30, 2012
lari03: nzdjpy; frenchman2 hope you have closed the short trade,because the candles on my 4hrTF are telling me to buy.

trend line on daily is not yet broken..i think buying should wait till close of today candle..jst my ..opinion ..my buy position on uscad is doing me good... grin grin
Re: Forex Trade Alerts - Season 9 by infofirst(m): 9:45am On Aug 30, 2012
You have your analysis but you are not sure if to place the trade or not, check out top analyst view from banks here www.tradingfloor.com
Re: Forex Trade Alerts - Season 9 by FEMIOLA2: 9:46am On Aug 30, 2012
where is endfx?...
Re: Forex Trade Alerts - Season 9 by Lucy001(f): 9:52am On Aug 30, 2012
EUR/JPY 22 mins ago

Sell
Sell at 98.79
Take profit* at 98.42
Stop loss at 99.12
Re: Forex Trade Alerts - Season 9 by Ogboraph(m): 10:19am On Aug 30, 2012
ALERT ALERTA ALERT ALERT Buy EURUSD@1.2560 to 1.2570, TP@1.2611, StopLoss @1.2534
Re: Forex Trade Alerts - Season 9 by Lucy001(f): 10:20am On Aug 30, 2012
Ogboraph: ALERT ALERTA ALERT ALERT Buy EURUSD@1.2560 to 1.2570, TP@1.2611, StopLoss @1.2534

Sentiment in the mkt!!!
Re: Forex Trade Alerts - Season 9 by unclenna(m): 10:27am On Aug 30, 2012
Zeddicus:
While playing around with the deviation on the BBstops over the weekend, I noticed that the default was better at limiting the number of false breaks. On the flipside,it signals breaks late and unless the market is really moving hard,one must have missed the action.
The deviation 1 however throws up more signals but requires adequate filtering and intuition to avoid getting hurt.
So which do you use and why?
Try deviation 2, length 20...............it all depends on your trading style.... cool
Re: Forex Trade Alerts - Season 9 by Nobody: 10:29am On Aug 30, 2012
FEMI OLA:

trend line on daily is not yet broken..i think buying should wait till close of today candle..jst my ..opinion ..my buy position on uscad is doing me good... grin grin
support @ 62.90 is why I made the comment.
Modified:But just saw the candle break that level(yet to close below it on any time frame), and the 62.90 level is a support/neckline on the daily for a double top formation.
Re: Forex Trade Alerts - Season 9 by unclenna(m): 10:30am On Aug 30, 2012
case study: Volatility where you run go?? We need you in d market. Mama bom-boi dey find you! Mehn gone are d days when pairs like GBPJPY dey move 500pips within a week. Now market dey creep like cripple. We gotta be flexible and move with it. Just like Frenchie will say, price is king, follow it wherever it goes! Same thing with the market, learn to be like a fluid, adapt and you'll be unbeatable!
I still remember when I started forex earlier gj and ej were no go area becos OF their volatility..........min of 100pips a day......Where are those days.....Is forex losing what is known for...VOLATILITY

1 Like

Re: Forex Trade Alerts - Season 9 by unclenna(m): 10:34am On Aug 30, 2012
Ogboraph: ALERT ALERTA ALERT ALERT Buy EURUSD@1.2560 to 1.2570, TP@1.2611, StopLoss @1.2534
HHHHMMMMMMM LIKE play like play this your alert may play out..... grin grin grin grin grin
Re: Forex Trade Alerts - Season 9 by Lucy001(f): 10:37am On Aug 30, 2012
USDCHF

Sell
Sell at 0.9572
Take profit* at 0.9532
Stop loss at 0.9602
Re: Forex Trade Alerts - Season 9 by unclenna(m): 10:39am On Aug 30, 2012
9:30am GBP Mortgage Approvals

Tentative EUR Italian 10-y Bond Auction


1:30pm CAD Current Account

Beware of the bold news....It has no specific time of release. It may come anytime between 9:30am to 1:30pm
Re: Forex Trade Alerts - Season 9 by Ogboraph(m): 10:47am On Aug 30, 2012
erro
Re: Forex Trade Alerts - Season 9 by Lucy001(f): 11:23am On Aug 30, 2012
EUR/USD

Sell
Sell at 1.2562
Take profit* at 1.2522
Stop loss at 1.2592
Re: Forex Trade Alerts - Season 9 by Nobody: 11:24am On Aug 30, 2012
rozayx5:
always keep a steady 5 pip difference for best results, target= 10 pip =5 and so on cool cool cool
means once your +10 +5 is guarantee cool cool

Can I use 15 pip and 20 pip targets....meaning when +20, 15 is guaranteed?.
Re: Forex Trade Alerts - Season 9 by erniok(m): 12:08pm On Aug 30, 2012
Ogboraph: ALERT ALERTA ALERT ALERT Buy EURUSD@1.2560 to 1.2570, TP@1.2611, StopLoss @1.2534
bros OGB, EU is very bearish ohh. even merkel talk no rally am.
Re: Forex Trade Alerts - Season 9 by Toks2008(m): 12:17pm On Aug 30, 2012
Toks2008: a breach of supp 12500 will set the bears in motion and we may see a bearish surge on euro to supp level 12424. so traders should sell with peace of mind once supp 12500 is breached.

Trade with care.

Euro should better move up to save brokers from paying so much because if it breaks supp 12500 i bet i will risk 20% of my account to rake in good pips as it glides down to 12430 banking smooth 70pips.

That is greed calling i guess.
Re: Forex Trade Alerts - Season 9 by Toks2008(m): 12:21pm On Aug 30, 2012
Toks2008:

Euro should better move up to save brokers from paying so much because if it breaks supp 12500 i bet i will risk 20% of my account to rake in good pips as it glides down to 12430 banking smooth 70pips.

That is greed calling i guess.

This is why i love automated trading with EAs. No matter how the pips might be falling, it will never open crazy lot but will stick to the inputted lot size.

In Forex trading, its not just about knowing where a trend is heading and placing crazy lot. Random motion is every traders nightmare and this usually happens 90% of the time. So please use good mm at all times because smooth price movement is never guaranteed.
Re: Forex Trade Alerts - Season 9 by FEMIOLA2: 12:49pm On Aug 30, 2012
Toks2008:

This is why i love automated trading with EAs. No matter how the pips might be falling, it will never open crazy lot but will stick to the inputted lot size.

In Forex trading, its not just about knowing where a trend is heading and placing crazy lot. Random motion is every traders nightmare and this usually happens 90% of the time. So please use good mm at all times because smooth price movement is never guaranteed.
...
..good talk!...that s why the business is not for everybody...if everything is smooth everybody will be trading forex...no cheap money anywhere and taken calculated risk is part of the business... grin grin grin
Re: Forex Trade Alerts - Season 9 by Ogboraph(m): 1:44pm On Aug 30, 2012
erniok:
bros OGB, EU is very bearish ohh. even merkel talk no rally am.
Ogboraph: ALERT ALERT ALERT ALERT BUY GBPUSD now @1.5834 or buy at 1.5843 then take profit @1.5869 then 1.5886 is were we are going to on GU today if you can folow it with patience then 1.6082 enjoying pips this days grin grin grin grin take Note this is for daily traders long time trader so enjoy

Ogboraph: ALERT ALERTA ALERT ALERT Buy EURUSD@1.2560 to 1.2570, TP@1.2611, StopLoss @1.2534

1 Like

Re: Forex Trade Alerts - Season 9 by Deewarn: 3:43pm On Aug 30, 2012
Ok..so my tp has Bn hit for gbp USD buy ...@1.5760 t.p 1.586...stil
Re: Forex Trade Alerts - Season 9 by Nobody: 3:43pm On Aug 30, 2012
@Ogboraph, e be like say other guys dey fear market... leave only you one here. Hmm guys are are no more smiling because a little equity is better than margin call or small pips.

Well am developing a system for myself that's emotion and loss prove. No matter What the market does, you must come out With at least 10 to 20 pips at the end of that day except on ONLY TWO conditions which are 1. If the market refuse to move and 2. Inability to know the direction of the market so that you don't get stuck in a trade or close trade prematurely. Once launched, bye bye to LOSS, INDICATORS, EMOTIONS SCALPING.


In fact the system like volatile market that can move minimum of 20, 30 or 40 pips within minutes or hours which 95% of traders are afraid off. You don't need to worry about NEWS trading again. The ONLY thing holding me is start up capital.
Re: Forex Trade Alerts - Season 9 by Deewarn: 3:45pm On Aug 30, 2012
Stil in my aususd sell at .400 tp @ .250.......
Re: Forex Trade Alerts - Season 9 by erniok(m): 3:49pm On Aug 30, 2012
Eawealth: @Ogboraph, e be like say other guys dey fear market... leave only you one here. Hmm guys are are no more smiling because a little equity is better than margin call or small pips.

Well am developing a system for myself that's emotion and loss prove. No matter What the market does, you must come out With at least 10 to 20 pips at the end of that day except on ONLY TWO conditions which are 1. If the market refuse to move and 2. Inability to know the direction of the market so that you don't get stuck in a trade or close trade prematurely. Once launched, bye bye to LOSS, INDICATORS, EMOTIONS SCALPING.


In fact the system like volatile market that can move minimum of 20, 30 or 40 pips within minutes or hours which 95% of traders are afraid off. You don't need to worry about NEWS trading again. The ONLY thing holding me is start up capital.
it has nothing to do with being afraid. since u be hard man, why dont you take a long position on EU. EU has formed a bearish divergence and twin tops on 4hr frame.
Re: Forex Trade Alerts - Season 9 by Toks2008(m): 3:49pm On Aug 30, 2012
Toks2008: a breach of supp 12500 will set the bears in motion and we may see a bearish surge on euro to supp level 12424. so traders should sell with peace of mind once supp 12500 is breached.

Trade with care.

Toks2008:

Euro should better move up to save brokers from paying so much because if it breaks supp 12500 i bet i will risk 20% of my account to rake in good pips as it glides down to 12430 banking smooth 70pips.

That is greed calling i guess.

Make una sell euro with annoyance to 12430
Re: Forex Trade Alerts - Season 9 by infofirst(m): 3:53pm On Aug 30, 2012
Toks2008:



Make una sell euro with annoyance to 12430
atleast we don wait well now, n by tomrrow, make we zoom am to 1.2388 abi wetin
Re: Forex Trade Alerts - Season 9 by FOREXMART(m): 3:55pm On Aug 30, 2012
oyyoyoy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Obograph. Hang in there bro. Gonna call 911

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