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Forex Trade Alerts - Season 10 - Business (38) - Nairaland

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Re: Forex Trade Alerts - Season 10 by Nobody: 8:41pm On Oct 03, 2012
omaojo1:

Se you no see brent wonders ni? 367 pips bw intra day h/l and still counting.

Na only Brent u see, Nymex nko? almost 350 o. Strangely enough the inventory data was quite good. I no dey sabi again o
Re: Forex Trade Alerts - Season 10 by Nobody: 9:34pm On Oct 03, 2012
guys plz how do i check ma msgs
Re: Forex Trade Alerts - Season 10 by Toks2008(m): 9:47pm On Oct 03, 2012
I have received many e-mails from Wanna be traders wanting to get into forex training and the moment i tell them they will need to subscribe for training, they complain they don't have money and i'm referring to Nigerian wanna be traders.

So i wonder where they intend to get money for the trading proper.My online practical oriented training is very convenient for anyone but its very tasking for me so if you are expecting me to use my internet bandwidth to do verbal training and also spend my time to be online to give you quality training for free then you need to look elsewhere or just do self training which is not a bad idea. I give free tips in my skype room which is very free but i don't do proper one on one training for free. I need to put a fee on it to make it valuable and the fee i charge is miserably small co pared to the quality of practical training i give.

I have noticed that many Nigerians will rather go live with 10k usd and rather lose it than to spend a paltry sum of 100usd for good practical training.

There are 3 ways to learn this business.

1. Learn the hard way by losing your money without getting required training.
2. Self education which is not a bad idea.
3. Get the proper training from an experienced trader who knows what he is doing.

And a note of advice to wanna be traders, before you pay anyone for training or seminar, ask that trainer to give you 3 or 5 trading signals and if he makes green 3 out of 5 then you can go ahead and get the training from him/her.

Forex trading is not a bread and butter business. Its either you are ready for it or you forget it.
Re: Forex Trade Alerts - Season 10 by ayox2003: 9:49pm On Oct 03, 2012
OliverPin: guys plz how do i check ma msgs

Check the email you signed-up with. wink



Frawzey
Re: Forex Trade Alerts - Season 10 by Nobody: 9:51pm On Oct 03, 2012
Toks2008: I have received many e-mails from Wanna be traders wanting to get into forex training and the moment i tell them they will need to subscribe for trainee, they complain they don't have money and i'm referring to Nigerian wanna be traders.

So i wonder where they intend to get money for the trading proper.My online practical oriented training is very convenient for anyone but its very tasking for me so if you are expecting me to use my internet bandwidth to do verbal training and also spend my time to be online to give you quality training for free then you need to look elsewhere or just do self training which is not a bad idea.

I have noticed that many Nigerians will rather go live with 10k usd and rather lose it than to spend a paltry sum of 100usd for good practical training.

There are 3 ways to learn this business.

1. Learn the hard way by losing your money without getting required training.
2. Self education which is not a bad idea.
3. Get the proper training from an experienced trader who knows what he is doing.

And a note of advice to wanna be traders, before you pay anyone for training or seminar, ask that trainer to give you 3 or 5 trading signals and if he makes green 3 out of 5 then you can go ahead and get the training from him/her.

Unsavoury fact of life. People do not appreciate what they don't pay for
Re: Forex Trade Alerts - Season 10 by Nobody: 9:56pm On Oct 03, 2012
just did. i replied u rozay
ayox2003:

Check the email you signed-up with. wink



Frawzey
Re: Forex Trade Alerts - Season 10 by omaojo1: 10:23pm On Oct 03, 2012
naijababe:

Na only Brent u see, Nymex nko? almost 350 o. Strangely enough the inventory data was quite good. I no dey sabi again o

Na twin brothers them be, their director na gas. I only return from 9-5 to hear bloomberg report say oil fall on 15 yr high increase in supply.

I done search for where to de get fundamentals to no avail, all bloomberg go de tell you na analysts at JPmorgan, Citi GS, etc say oil will so so so and so. Na just yesterday their options, tech and fundamental analysts say the thing go hit 117 for q4.

I'm long on it already given that the monthly low/supp is at 117.07. Emi o beru epo mo.
Re: Forex Trade Alerts - Season 10 by Nobody: 10:30pm On Oct 03, 2012
omaojo1:

Na twin brothers them be, their director na gas. I only return from 9-5 to hear bloomberg report say oil fall on 15 yr high increase in supply.

I done search for where to de get fundamentals to no avail, all bloomberg go de tell you na analysts at JPmorgan, Citi GS, etc say oil will so so so and so. Na just yesterday their options, tech and fundamental analysts say the thing go hit 117 for q4.

I'm long on it already given that the monthly low/supp is at 117.07. Emi o beru epo mo.

All the technical/fundamentals supported a bullish bias o. Na hin i kon go CNBC website, dem begin yarn say na weak China data cause am. I am gonna wait to see something bullish on the 4h at least. 30 pips to Nymex and 50 to Brent, abeg when I no be 'eran 'ya' lipsrsealed
Re: Forex Trade Alerts - Season 10 by Theyjih: 10:40pm On Oct 03, 2012
naijababe:

All the technical/fundamentals supported a bullish bias o. Na hin i kon go CNBC website, dem begin yarn say na weak China data cause am. I am gonna wait to see something bullish on the 4h at least. 30 pips to Nymex and 50 to Brent, abeg when I no be 'eran 'ya' lipsrsealed

if una no mind, make i enter tori wey dem noh call me...considering fundamentals in an elektion year (US of cause) Oil drops, Equity jerks up (all thanks to The Bernak churning 50 billion Benjy into the economic mill) free moolah for all, less moolah to spend filling 'em tank.. oil players, this time calls for swift action scale in scale out, fundys/ Govt. (manipulators)do have the upper hand Elektion NONI cool cool cool
Re: Forex Trade Alerts - Season 10 by Nobody: 10:47pm On Oct 03, 2012
^ E tire me, at point i begin tink say na the debate dey cause the kata kata. Anyway I dey here dey mind my business on oil peeping in from time to time on my gold position.
Re: Forex Trade Alerts - Season 10 by samuelkanu: 11:22pm On Oct 03, 2012
surveyProf:

Mail sent!
Surveyprof, you ve got mail. Please reply.
Re: Forex Trade Alerts - Season 10 by Rich4god(m): 11:49pm On Oct 03, 2012
surveyProf:

Mail sent!
Plz, can u resend... Didnt see it. Rich4god2000@yahoo .co.uk ... Thanks.
Re: Forex Trade Alerts - Season 10 by WINNINGWAYZ(m): 3:33am On Oct 04, 2012
fEELING OF deja vu for AU. after this kind of mixed data,august 25th a sharp fall occurred followed by a new high in coming weeks.
same pattern playing out today. patiently waiting for it to go above pivot.
Re: Forex Trade Alerts - Season 10 by omaojo1: 3:58am On Oct 04, 2012
WINNINGWAYZ: fEELING OF deja vu for AU. after this kind of mixed data,august 25th a sharp fall occurred followed by a new high in coming weeks.
same pattern playing out today. patiently waiting for it to go above pivot.

Another reason for the bulls ride in the days ahead is also the fact that au is presently on a strong support region on the daily TF- it has not broken this region since July. Also, the recent rate cut by the RBA and the bears run that followed portends that the aussie has seen its worse days and the only way to go now is up.

Having said that, long term traders should way tomrws NFP before pulling the trigger. I'd rather bet on eur/aud than on au for now given that the probable date for Spain's request for a bailout is still weeks ahead.
Re: Forex Trade Alerts - Season 10 by omaojo1: 3:58am On Oct 04, 2012
omaojo1:

Another reason for the bulls ride in the days ahead is also the fact that au is presently on a strong support region on the daily TF- it has not broken this region since July. Also, the recent rate cut by the RBA and the bears run that followed portends that the aussie has seen its worse days and the only way to go now is up.

Having said that, long term traders should way tomrws NFP before pulling the trigger. I'd rather bet on eur/aud than on au for now given that the probable date for Spain's request for a bailout is still weeks ahead.

Re: Forex Trade Alerts - Season 10 by surveyProf(m): 5:30am On Oct 04, 2012
Rich4god:
Plz, can u resend... Didnt see it. Rich4god2000@yahoo .co.uk ... Thanks.
Okay, I will check and resent it...
Re: Forex Trade Alerts - Season 10 by surveyProf(m): 5:46am On Oct 04, 2012
samuelkanu:
Surveyprof, you ve got mail. Please reply.
Sorry, I misplaced the email address I used in creating my nairaland id, In otherwords I can not check d mail, drop ur mail and I will reply u!
Re: Forex Trade Alerts - Season 10 by surveyProf(m): 5:48am On Oct 04, 2012
surveyProf:
Okay, I will check and resent it...
resent....co.uk
Re: Forex Trade Alerts - Season 10 by Rich4god(m): 6:22am On Oct 04, 2012
surveyProf:
resent....co.uk
Seen... Thanks. Replying right away.
Re: Forex Trade Alerts - Season 10 by surveyProf(m): 6:36am On Oct 04, 2012
Rich4god:
Seen... Thanks. Replying right away.
anything u dont understand, I will explain, perhaps with pictures

Cheers!
Re: Forex Trade Alerts - Season 10 by Toks2008(m): 6:41am On Oct 04, 2012
Toks2008:

Random price movement will forever be the nightmare of traders. Euro still down on the 4hr bit we just might see an intraday bullish correction to retest res 12965 so you just may decide to hedge your sell position to that level leveraging on crazy moves while you adjust your sl of the long term sell to 12981 or you may decide not to hedge and watch the drama

The present euro swing configuration still suggests this move so trade with care.I guess we may have to wait for the NFP news tomorrow to propel euro far down.

Happy pipping
Re: Forex Trade Alerts - Season 10 by infofirst(m): 6:46am On Oct 04, 2012
Heh, Fibonacci Human Being

Re: Forex Trade Alerts - Season 10 by Rich4god(m): 7:00am On Oct 04, 2012
surveyProf:
anything u dont understand, I will explain, perhaps with pictures

Cheers!
Replied to your mail.
Re: Forex Trade Alerts - Season 10 by rozayx5(m): 7:48am On Oct 04, 2012
Just bought NU, tight SL = 20 pips, let me see how it goes, am a little late though
Re: Forex Trade Alerts - Season 10 by raycolz84: 7:52am On Oct 04, 2012
Toks2008: I have received many e-mails from Wanna be traders wanting to get into forex training and the moment i tell them they will need to subscribe for training, they complain they don't have money and i'm referring to Nigerian wanna be traders.

So i wonder where they intend to get money for the trading proper.My online practical oriented training is very convenient for anyone but its very tasking for me so if you are expecting me to use my internet bandwidth to do verbal training and also spend my time to be online to give you quality training for free then you need to look elsewhere or just do self training which is not a bad idea. I give free tips in my skype room which is very free but i don't do proper one on one training for free. I need to put a fee on it to make it valuable and the fee i charge is miserably small co pared to the quality of practical training i give.




I have noticed that many Nigerians will rather go live with 10k usd and rather lose it than to spend a paltry sum of 100usd for good practical training.

There are 3 ways to learn this business.

1. Learn the hard way by losing your money without getting required training.
2. Self education which is not a bad idea.
3. Get the proper training from an experienced trader who knows what he is doing.

And a note of advice to wanna be traders, before you pay anyone for training or seminar, ask that trainer to give you 3 or 5 trading signals and if he makes green 3 out of 5 then you can go ahead and get the training from him/her.

Forex trading is not a bread and butter business. Its either you are ready for it or you forget it.


There is an adage that says "if someone wears a cap, its another person that can conviniently say how the cap fits the head or not, and not the person wearing the cap"... You are jus so full of self praise.. "I am so skilled in this business, am the best with technical analysis, am this, am that" please save us all these sermons okay! If u are really that good, increase your lot size and make more money for ur pocket, moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me, no hard feelings anyway, ‎​Just felt i should drop this, this is forex where anytin can happen, and we are all still searching for the HOLY GRAIL.
Re: Forex Trade Alerts - Season 10 by Toks2008(m): 8:08am On Oct 04, 2012
many traders place stop loss indiscriminately and when stopped out, they blame brokers for hunting their stop

The coders of mt4/mt5 have done it in such a way that random moves will always take place and this is why swing trading is very ideal.

Its like taking a flight from Nigeria(supp level) to new york(res level),along the way, the pilot might be forced to divert and make a stop over ue to storms and unforeseen circumstances(reversal and retracement points) but will hardly return back to Nigeria(supp level or oversold level) at lest 80% certain that it will get to New york.(res level or overbought level)

This is just how swing trading works

Any crazy reversal points can come up if you are buying a pair from the oversold region to overbought region or vis avis.

These reversal points are sometimes very strong that it will cause a strong retracement but most times will not break the strong supp of the over sold region and your stop loss should be placed below this supp.

Ability to identify vivid supp and res levels is what traders should learn and stop blaming brokers when they get their unrealistic stop loss hit.

Hope this helps
Re: Forex Trade Alerts - Season 10 by Toks2008(m): 8:34am On Oct 04, 2012
raycolz_84:


There is an adage that says "if someone wears a cap, its another person that can conviniently say how the cap fits the head or not, and not the person wearing the cap"... You are jus so full of self praise.. "I am so skilled in this business, am the best with technical analysis, am this, am that" please save us all these sermons okay! If u are really that good, increase your lot size and make more money for ur pocket, moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me, no hard feelings anyway, ‎​Just felt i should drop this, this is forex where anytin can happen, and we are all still searching for the HOLY GRAIL.

Any time i see a bias comment like this, i always make it a duty to check the profile of the poster and past comments. Having done that, i have made my conclusion about your personality.

Nevertheless i will assume i did not see the derogatory side of your comments even though you ended with a false notion.

But let me give you a little bit of education here as regards your comment.
"moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me"

1.First i want you to understand that no matter how sure you are about a trend direction, it remains speculation. Nothing is guaranteed in forex trading except loses.
2. I am a swing trader and i base my speculation on failed supp and res levels so when i write a phrase like "if" you need to understand that its simply based on probability because all trade decisions are based on supp and res levels.

If you check my posts here, my alerts are very clear to intelligent traders and if you check the time tag on my posts, you will see that i make my speculations hours before the scenario unfolds. So its far from guessing and at the same time it remains a speculation.

Furthermore, i want you to understand that i am not full of myself as your wrote. I am only down to earth. When i say i am skilled in identifying trend and swing set ups,i don't see why that should get any right thinking person angry. There is nothing bad in saying you are good at what you do, it can only be subjected to trials and you are not in any position to advice me on what to do asking me to increase my lot and so on.

Let us all have a positive attitude towards our fellow humans so that we can make progress in life.
Re: Forex Trade Alerts - Season 10 by 9ja4u(m): 8:53am On Oct 04, 2012
surveyProf:

There is a secret I hv been using to trade the EURUSD, GBPUSD, NZDUSD for the pass 2 months now, U hv to enter ur trade before London market open, I.e 4am Nigerian time, highest before 10am Nigeria time u are in profit, It has always worked for me.
Bros Please i really need to clarify the point you raised above which i highlighted. My Email addy is ojadudu(at)yahoo.com
Re: Forex Trade Alerts - Season 10 by Kashif(m): 9:09am On Oct 04, 2012
Warning: If you don't have a means of livelihood, dont look at forex! You need to have a means of funding your account because account blow-outs must come. It is your resolve not to give up that keeps you going. After you have stabilised (may take years for many), then you can make it your primary income stream.

Good morning peeps!
Re: Forex Trade Alerts - Season 10 by Toks2008(m): 9:13am On Oct 04, 2012
raycolz_84:
moreover your alerts you hav been droppin here is always based on speculations.. "If euro breaches this then we MIGHT expect this or that".. Sounds more like guessing  me

Now if im to give alert on euro, i will say buy to res 12965 and wait to sell if that res holds

Now i have sent an article here before explaining how you can confirm a true break out. so all you do is wait and see if price breaks 12965 and the next 1hr candle breaks the high of the candle that breached that initial break out candle by 20pips. Then we forget selling, else we sell down to 12876 or lower so this is very clear.
Re: Forex Trade Alerts - Season 10 by FOREXMART(m): 9:16am On Oct 04, 2012
the crude don fall minimum of 400pips since that day. @naijababe.
Re: Forex Trade Alerts - Season 10 by Toks2008(m): 9:23am On Oct 04, 2012
Kashif: Warning: If you don't have a means of livelihood, dont look at forex! You need to have a means of funding your account because account blow-outs must come. It is your resolve not to give up that keeps you going. After you have stabilised (may take years for many), then you can make it your primary income stream.

Good morning peeps!

You are perfectly right my brother. But above all, we must learn to be disciplined because greed is a monster that will always come up but we will need another source of income so that we can always fund your account each time we lose it as a result of greed.

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